Business & Money | Thursday 4 June, 2015 1:27 am

al khaliji holds Compliance & Anti-Money Laundering workshops for employees

Al Khalij Commercial Bank (al khaliji) Q.S.C, recently held a series of training workshops for its employees on local and international Anti-Money Laundering (AML) and compliance regulations. This comes as part of al khaliji’s commitment to meeting self-regulatory best practices and promoting...

More Details

Business & Money | Thursday 4 June, 2015 1:12 am

Doha Bank Hosts Business Breakfast Meeting with Key SMEs in Qatar

Doha Bank SME in pursuit of excellence in customer service has taken another initiative aimed at proactively addressing the needs of small and medium enterprises in Qatar by hosting a business breakfast meeting exclusively for SME customers. The event, held under the theme “Business at...

More Details

Cars & Autos | Thursday 4 June, 2015 1:05 am

Celebrating Innovation and Performance: Jaguar MENA Reveals New Regional ‘Forward Thinkers’ Film Series

Jaguar is challenging conventional perceptions of innovation and performance in its newly revealed ‘Forward Thinkers’ film series. The Jaguar MENA brand initiative will feature individuals from four different countries across the Middle East region, capturing each of their inspirational...

More Details

Business & Money | Thursday 4 June, 2015 1:02 am

AL YASRA FASHION ANNOUNCES THE FIRST FOSSIL STORE IN THE MIDDLE EAST

Al Yasra Fashion announces the opening of the first Fossil franchise in the Middle East in the Mall of Dhahran, KSA.Mall of Dhahran is the largest shopping destination in the Eastern region of KSA. The Fossil store will be about 123 square meter. The first location will be in the prestigious Mall...

More Details

Business & Money | Thursday 4 June, 2015 12:59 am

Bounce in WTI fails to support commodity linked currencies

There’s generally a correlation in the currency markets where any bounce in the price of WTI inspires similar momentum in those currencies linked to commodity prices. However, this hasn’t been the case on this occasion with this probably linked to rising suspicions that the OPEC meeting later...

More Details

Government | Thursday 4 June, 2015 12:52 am

New police cars launched

Makkah Gov. Prince Khaled Al-Faisal launched the new black and white police cars and uniforms in Jeddah recently.The colors are part of plans to distinguish the police from other security agencies falling under the Interior Ministry.Maj. Gen. Abdul Aziz Alsolee, chief of the Makkah police, said the ...

More Details

Business & Money | Thursday 4 June, 2015 12:35 am

“Tasneef” issues Inspection and Quality Certificates for two “ADNATCO” Container Ships

In a business move that places it in the ranks of major international classification societies, “Tasneef” signs an agreement to issue inspection and quality certificates for two container ships owned by Abu Dhabi National Tanker Company (ADNATCO), one of the largest tanker and ship-building...

More Details

Business & Money | Wednesday 3 June, 2015 8:21 pm

Dubai Chamber Signs MoU with Dubai Silicon Oasis Authority

Dubai Silicon Oasis Authority (DSOA) has signed a Memorandum of Understanding (MoU) with Dubai Chamber of Commerce and Industry, to enhance cooperation in fostering entrepreneurship through a strategic agreement between the Chambers initiative of Tejar Dubai and DSOA’s wholly owned Dubai...

More Details

Business & Money | Wednesday 3 June, 2015 5:22 pm

OPEC hopes for further price recovery

Angola's oil minister said on Tuesday that $80 per barrel may be right for crude, joining a chorus of OPEC officials and delegates hoping for a further price recovery in months to come despite a global glut."I would like the price (to) go up, but it is not easy," Jose Botelho de Vasconcelos told...

More Details

Business & Money | Wednesday 3 June, 2015 5:20 pm

CMA highlights rules for QFIs’ operations

The Capital Market Authority (CMA) explained that the Rules for Qualified Foreign Financial Institutions Investment in Listed Shares (the Rules) issued on May 4, and consisting of 29 articles allow QFIs and their approved clients to exercise all the rights related to listed shares owned by them,...

More Details