Technology & IT | Sunday 3 May, 2015 12:10 am

Cloud Spending to See Huge Growth in 2015

The outsourcing, managed services, and datacenter services market in Saudi Arabia is expected to total $570.6 million in 2015, according to a recent study published by International Data Corporation (IDC). The market is set to grow 16.2% year on year, primarily driven by increased spending on...

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Business & Money | Saturday 2 May, 2015 2:14 pm

DAMAC Properties Launches Nova Hotel Villa Concept at ATM

An Exciting New Experience in Luxury Hospitality within AKOYA Oxygen Goes on SaleDAMAC Properties has launched its first hotel villa concept within the aspirational AKOYA Oxygen community in Dubai.The luxury real estate developer has made its Nova Hotel Villas available at a starting price of just...

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Business & Money | Saturday 2 May, 2015 12:33 pm

(MAMEE TGU) LAID THE FOUNDATION STONE FOR THEIR SNACK FOODS FACTORY

Supporting its role as a hub for international investments and facilitating local production of the Kingdom’s food needs, the Mamee TGU Factory Co. (MAMEE TGU), which is a joint venture between Mamee-Double Decker (M) Sendirian Berhad (MAMEE) and Top Golden Universe (TGU), has laid the foundation ...

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Business & Money | Saturday 2 May, 2015 12:20 pm

Saudi Aramco to be restructured

The Kingdom has approved the restructuring of Saudi Aramco, a move that will see it separated from the Petroleum Ministry.The Kingdom’s Supreme Economic Council approved the restructuring plan that had been proposed by Deputy Crown Prince Mohammed bin Salman, second deputy prime minister and...

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Technology & IT | Saturday 2 May, 2015 12:12 pm

Mobily Delivers the First BMW Car as Part of the “Valuable Prizes” Campaign

Etihad Etisalat “Mobily” has delivered the first BMW car as part of the “Valuable Prizes” campaign that was recently launched. The campaign aims to reward all customers who visit the company's outlets around the Kingdom with distinctive package of valuable gifts. This campaign allows all...

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Government | Saturday 2 May, 2015 10:29 am

Merger of royal courts ordered

Custodian of the Two Holy Mosques King Salman has issued a royal order, joining the Crown Prince’s Court with the Royal Court, according to the SPA.It said the order was made after a proposal made by Crown Prince Mohammed bin Naif, who is also deputy prime minister and interior minister, to merge ...

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Business & Money | Saturday 2 May, 2015 2:13 am

DMS appointed Exclusive Ad Sales Representatives for Mawdoo3.com –

The Arab world’s first comprehensive online Arabic encyclopedia April 29,2015 (ME NewsWire) - The digital arm of Choueiri Group “Digital Media Services (DMS)” recently announced the latest addition to its portfolio of leading regional online offerings, by confirming its appointment as the...

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Cars & Autos | Saturday 2 May, 2015 1:44 am

AUDI AG: Strongest First Quarter of All Time

• Worldwide sales rise by 4.4 percent, with around 177,950 cars sold • Sales chief Luca de Meo: “Successful start to the year with the strongest first quarter of all time” • Middle East region double digit growth of 13% A start of the year made to measure for AUDI AG: With around...

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Tourism & Hospitality | Saturday 2 May, 2015 12:59 am

Rixos the Palm reports high occupancy rates

Dubai-based Rixos The Palm achieved 90 % occupancy rates in the first quarter of this year and it expects business to remain strong with an anticipated tourist influx into the emirate, the main business and tourism hub in the region.“We are pursuing our efforts to upgrade and add more facilities...

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Business & Money | Friday 1 May, 2015 10:30 pm

KARL LAGERFELD TO OPEN CONCEPT STORE IN DOHA, QATAR

KARL LAGERFELD is pleased to announce the opening of its concept store in Doha, Qatar, on December 21, 2014. Located in the Lagoona Mall, it is the brand’s first store in the Middle East and its latest addition to a growing retail network worldwide.The DNA of the KARL LAGERFELD portfolio is...

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