Business & Money | Monday 2 November, 2015 5:52 am

EY: Islamic Banking poised to grow despite economic uncertainty

The World Islamic Banking Conference (WIBC) and EY hosted a press conference to discuss the key strategic imperatives for the industry on the 1 November 2015 at the Awal Ballroom, Gulf Hotel, Bahrain.   Held exactly one month ahead of the 22nd Annual WIBC, the press conference was an...

More Details

Business & Money | Monday 2 November, 2015 4:16 am

Easy Taxi SA Shake Hands with IKEA

Resuming its effort in making every ride more pleasant and satisfying, Easy Taxi along with the eminent and renowned Swedish furnishing company, IKEA has recently partnered to offer passengers using Easy Taxi and going to the store free rides up to 50 SAR.   Easy Taxi has aligned...

More Details

Business & Money | Monday 2 November, 2015 4:02 am

Emaar Properties records 16% growth in 9-month 2015

Global property developer Emaar Properties PJSC recorded a growth in net profit of 16 per cent for the first nine months (Jan to Sept) 2015 to AED 3.048 billion (US$ 830 million) compared to AED 2.622 billion (US$ 714 million) during the same period in 2014.    Revenues for the...

More Details

Sports | Monday 2 November, 2015 3:40 am

Hankook Racing Team dominates Saudi Drift Championships

The Hankook Racing Team did it again; the team led by Saeed Al Mouri posted a new achievement through topping the professional category of the Saudi Drift Championship. After clinching the title of the 3rd round, the team scored a significant step towards the title of the first Saudi Drift...

More Details

Cars & Autos | Monday 2 November, 2015 3:21 am

New Honda Showroom Open in Al-Khobar

Company Ltd., Sole distributor of Honda Cars, Power Products, Motorcycles and Marine products in Saudi Arabia inaugurated a modern new Showroom in Al-Thuqbah - Al-Khobar, Saudi Arabia.   Mr. Yusuke Hori, Head of regional unit (Africa and Middle East) and Mr. Mohammed Abdullah Hashim,...

More Details

Tourism & Hospitality | Monday 2 November, 2015 2:21 am

Oman Air Sales Force Boosted With International Transfers

A series of transfers and promotions has given Oman Air’s international sales force a major boost. The five appointments cover the Qatar, Philippines, Africa, Pakistan and Oman markets.    And in an important step for the airline’s policy of Omanisation, each of the...

More Details

Environment & Energy | Monday 2 November, 2015 1:47 am

Water tariff to rise 50% next month

The Ministry of Water and Electricity will raise by 50 percent tariff for water and sanitation services provided for government bodies and large industrial and commercial establishments as of Dec. 16. The ministry has set special pricing for water for those who benefit from water service only,...

More Details

Tourism & Hospitality | Monday 2 November, 2015 1:24 am

Dramatic Dubuisson win draws to a close a fantastic Turkish Airlines Open 2015

Victor Dubuisson produced a brilliantly entertaining final round to win the Turkish Airlines Open 2015, providing a fitting climax to a fantastic week of golf at the Montgomerie Maxx Royal in Belek.   Dubuisson overhauled South African Jaco Van Zyl with birdies on the last two holes to...

More Details

Business & Money | Sunday 1 November, 2015 4:56 pm

Retail market in Saudi Arabia and the GCC exceeds 270 billion SR

Retail industry leaders across the Arab world came together recently for NEXTGEN 2015, an event aimed at supporting the further development of the SAR 270 billion GCC retail industry.   The event, which was held at the Elaf Hotel in Jeddah, was organized by the Middle East Council of...

More Details

Business & Money | Sunday 1 November, 2015 4:39 pm

IKEA Launches New SINNERLIG Collection

Ghassan Ahmed Al Sulaiman Furniture Trading Co. Ltd., IKEA Saudi Arabia, the leading home furnishing company in the region, has launched yet another breathtaking collection, SINNERLIG, in collaboration with world renowned designer Ilse Crawford.   The collection uniquely offers high-end...

More Details