Tourism & Hospitality | Wednesday 16 September, 2015 1:36 pm

FRHI HOTELS IN MAKKAH PREPARE TO WELCOME HAJJ PILGRIMS

    FRHI targets independent Gulf travellers as holy city prepares for millions undertaking the annual pilgrimage   FRHI Hotels & Resorts is set to increase the number of independent Gulf travellers experiencing its hotels in Makkah, as the holy city prepares for a...

More Details

Business & Money | Wednesday 16 September, 2015 1:29 pm

BECO Capital Expects Consolidation in the Venture Capital Market in the Region

BECO Capital, a regional venture capital firm focused on technology investments in the Gulf Cooperation Council (GCC) countries, today said that the Venture Capital (VC) market has gained momentum in the last 12 months, boosted by successful fundraising by the “Big Four”, a much deeper...

More Details

Cars & Autos | Wednesday 16 September, 2015 1:22 pm

Maserati in the starting blocks for 2016

Following the launches of the 6th generation Quattroporte and the Ghibli, Maserati’s first four-door E-segment sedan, in 2013 and 2014, 2015 marks a year of consolidation for Maserati.  The Italian luxury car brand reports a solid 6.1 percent sales increase across the Middle East,...

More Details

Business & Money | Wednesday 16 September, 2015 7:07 am

50,000 take part in health awareness drive

The Saudi Basic Industries Corporation (SABIC) has launched a special health awareness campaign to provide the public with information on various medical issues including drug addiction and dental problems. The eight-day Fanar SABIC for Health Program has been inundated with about 50,000 visitors...

More Details

Business & Money | Wednesday 16 September, 2015 7:02 am

Prince Sultan bin Salman is WTO’s new vice president

Prince Sultan bin Salman, president of the Saudi Commission for Tourism and National Heritage (SCTNH), has been elected as the World Tourism Organization’s (WTO) vice president. The decision was taken on Sunday by the Middle East committee of the organization in Medellin, Colombia. The...

More Details

Cars & Autos | Wednesday 16 September, 2015 4:53 am

New Audi A4 family of models makes first public appearance including new S4

Motor Show (IAA),  in Frankfurt am Main, Audi is presenting many different new products. The main focus is on the new A4 model line and the near-production Audi etron quattro concept car – a sporty SUV with an all-electric drive. The company is also offering a multimedia experience...

More Details

Tourism & Hospitality | Wednesday 16 September, 2015 3:48 am

Tourism to contribute 5.7% of the non-oil Saudi GDP by 2020

Saudi Arabia’s non-oil sector is forecasted to maintain robust growth in 2015. Thanks to the Kingdom’s diversification strategy, the non-oil sector benefits from government spending, corporate lending, and solid domestic consumption. These benefits are likely to continue due to an...

More Details

Tourism & Hospitality | Wednesday 16 September, 2015 2:42 am

ETIHAD AIRWAYS AND KEY EQUITY PARTNERS COMPLETE SUCCESSFUL PLATFORM FINANCING TRANSACTION

Etihad Airways, its airport services business and five of its equity partners have today successfully completed an innovative new platform financing transaction, raising $500 million on the international markets.   Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air...

More Details

Technology & IT | Wednesday 16 September, 2015 1:56 am

Xilopix Presents at GITEX 2015 the Product Recognition Capability of Its Visual Search Engine

Xilopix presents its Search Engine for Omnichannel retail, enhanced with Visual Product recognition for Smartphones.   There are nearly 2 billion smartphone users throughout the world. These devices are now the entry point to a continuous Internet experience, while shopping at home or on ...

More Details

Tourism & Hospitality | Wednesday 16 September, 2015 1:52 am

OSN presents incredible line-up of television

This September will see OSN, the region’s leading pay-TV network, roll out its best-to-date programming. The first-class line-up of fantastic television has something for the whole family as another action-packed season of comedies, thrillers, kids films, gritty dramas and US talk-shows hit...

More Details