Tourism & Hospitality | Tuesday 26 April, 2016 4:07 pm

HMH – Hospitality Management Holdings Targets Saudi as a Strategic Growth Market

In keeping with its strategy to prioritize expansion in GCC focusing on markets with high growth potential for the group, HMH – Hospitality Management Holdings is aggressively targeting opportunities in KSA.   Speaking at the Arabian Travel Market 2016, Laurent A. Voivenel, CEO of...

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Technology & IT | Tuesday 26 April, 2016 3:27 pm

Zain Saudi Arabia Continues to Report Significant Growth in Q1, 2016

Following the excellent performance during 2015, Zain Saudi Arabia (Zain KSA) announced significant improvements in its financial results for the first quarter of 2016 ending March 31, 2016. Revenues grew by 7% in Q1, 2016 reaching SAR 1,765 million (USD 471 million) compared ...

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Business & Money | Tuesday 26 April, 2016 3:25 pm

Doha Bank wins top honor at The Asian Banker International Excellence in Retail Financial Services Awards 2016

Adding yet another accolade to its growing awards tally, Doha Bank has won the award for “Product of the Year- Mobile Banking Experience” at The International Excellence in Retail Financial Services Awards 2016 hosted by The Asian Banker. The award was presented at a ceremony held...

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Technology & IT | Tuesday 26 April, 2016 3:15 pm

Mobily’s CEO: The Diversity of the Economic Income in “Vision 2030” Ensures the Sustainability of the Saudi Economy

Mr. Ahmad Farroukh, CEO of Etihad Etisalat (Mobily) highlight the importance of economic transformation, which the council of ministers headed by the Custodian of the Two Holy Mosques King Salman bin Abdul Aziz has approved, and announced by the Deputy Crown Prince Mohammed bin Salman. Mr. Farroukh ...

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Tourism & Hospitality | Tuesday 26 April, 2016 12:12 pm

Rocco Forte Hotels Unveils Assila Hotel In Jeddah, Saudi Arabia

Rocco Forte Hotels has announced that it will open its first property in the Kingdom of Saudi Arabia in the city of Jeddah, marking the start of the luxury hotel group’s expansion into the region.    With construction already complete, the Assila Hotel will open in September...

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Beauty & Style | Tuesday 26 April, 2016 11:54 am

ecco: Glued to the blues

Blue is undeniably one of the most relaxing hues in the entire color spectrum. Stay chill this Summer with one of ECCO’s must-wear bags for work and for play. Nail the business look with the skinny laptop briefcase in a deep royal or carry your everyday essentials in a crossover messenger or...

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Cars & Autos | Tuesday 26 April, 2016 11:51 am

Tahboub Automotive Announces The Launch of All New ‘Stunning Civic’

The Jordanian International Automobile Trading Company (Tahboub Automotive), the certified distributor of Honda vehicles in Jordan, announced the launch of all new ‘Stunning Civic’ during the press conference held at the company’s showroom located at Mecca Street, on Monday, April ...

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Business & Money | Tuesday 26 April, 2016 11:34 am

Sidra Capital Advises On First Property Acquisition In usa Worth SAR 350 Million

Sidra Capital announced its first foray in the US real estate market with the developing funding and acquisition of a newly built office building in the prosperous Charlotte suburb of Fort Mill, South Carolina leased to a subsidiary of AmerisourceBergenCorporation (Amerisource), a Fortune 500...

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Tourism & Hospitality | Tuesday 26 April, 2016 11:30 am

Al- Oula Real Estate Development Company launches a residential tower and a 5 star hotel project

The “Al- Oula Real Estate Development Company, one of the largest real estate developers in the Kingdom," has enhanced its prestigious project portfolio of luxurious hotels and residential and hotel apartments in the “Khobar City" with the launch of the "Wajihat Wajdn...

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Business & Money | Tuesday 26 April, 2016 5:25 am

GULF INTERNATIONAL BANK B.S.C. RAISES SAR2 BILLION THROUGH AN OVERSUBSCRIBED BOND ISSUE

Gulf International Bank’s (GIB) latest bond issue met with strong demand as the bank on 19th April, 2016 successfully priced its senior unsecured SAR2 billion 5-year Floating Rate Notes issuance at a spread of 140 basis points above three-month SAIBOR.   The issuance was well...

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