Business & Money | Wednesday 29 April, 2015 2:42 pm

New Zealand Prime Minister launches education competition

New Zealand Prime Minister Rt Hon John Key has launched an online social media competition, offering Saudi students an opportunity to study in New Zealand.The #whynewzealand competition gives Saudi students a chance to win one of eight full academic scholarships to study in New Zealand for up to...

More Details

Tourism & Hospitality | Wednesday 29 April, 2015 11:25 am

Mövenpick Hotels & Resorts to capitalise on Gulf tourism boom

with ambitious 2020 expansion plan.Swiss hospitality firm to boost Middle East portfolio by more than 10 hotels over the next five years as regional visitor numbers soar to new heights. Mövenpick Hotels & Resorts is to consolidate its position as one of the Middle East’s dominant hospitality...

More Details

Business & Money | Wednesday 29 April, 2015 10:05 am

JIB posts US$ 16.08 million in profits after tax For the first quarter of 2015

- Jordan Islamic Bank (JIB) achieved net profits after tax for the first quarter of 2015 that amounted to about US$ 16.08 million compared to about US$ 14.67 million for the first quarter of 2014 with a growth of about 9% , whereas profits before tax for the 1st quarter of 2015 reached about...

More Details

Healthcare | Wednesday 29 April, 2015 7:48 am

Antibiotic Use in Pregnancy

While the majority of antibiotics prescribed during pregnancy do not increase the risk of term babies being born with epilepsy or cerebral palsy, a class of antibiotics known as macrolides may carry a small risk, finds research by teams at the UCL Institute of Child Health, research partner of...

More Details

Tourism & Hospitality | Wednesday 29 April, 2015 7:32 am

SR800 million to develop Jeddah’s north beachfront

The cornerstone of the fourth and fifth stages of Jeddah Corniche’s northern beachfront project was laid on Tuesday. The cost of the project is SR800 million.The length of the project is 4.5 km starting from the Al-Nawras Roundabout in south Jeddah up to the Corniche crossroads linking Jibreen...

More Details

Government | Wednesday 29 April, 2015 7:31 am

Competition to promote local products

Riyadh Gov. Prince Faisal bin Bandar will open the Top 100 Saudi Trademark awards ceremony on May 17 at the Riyadh Marriott Hotel.“He will also give awards to the winners and the event is expected to engender healthy competition among local brands,” said Usamah M. Al-Kurdi, the spokesperson.The ...

More Details

Technology & IT | Wednesday 29 April, 2015 6:45 am

Nissan AVM tech to go underwater for deep sea exploration

Nissan is providing its unique Around View Monitor (AVM) technology to the Japan Agency for Marine-Earth Science and Technology (JAMSTEC) and Topy Industries, Ltd., through a joint development project that may help uncover the mysteries of the oceans. The joint development contract with JAMSTEC...

More Details

Technology & IT | Wednesday 29 April, 2015 6:36 am

Aon Risk Solutions celebrates Business Insurance’s 2015

Aon Risk Solutions, the global risk management business of Aon plc (NYSE: AON), congratulates its clients that were recognized by Business Insurance’s 2015 Risk Manager of the Year awards program. Kathleen M. Ireland from IBM Corp. took top honors as the 2015 Risk Manager of the Year along with...

More Details

Business & Money | Wednesday 29 April, 2015 1:19 am

3M Announces First-Quarter Results

Company Posts Sales of $7.6 Billion and Earnings of $1.85 per ShareFirst-Quarter Highlights:• Organic local-currency sales growth of 3.3 percent• Positive organic local-currency growth in all business groups and geographic areas• Operating income margins of 22.8 percent, up 0.9 percentage...

More Details

Environment & Energy | Wednesday 29 April, 2015 1:13 am

Gulf Petrochem to launch first Indian focused real estate fund

• GP commits US$10 million as seed capital to Fund; aims to raise US$100 million• DIFC’s Exempt Fund tailored to provide professional and institutional investors with unique and tax efficient access to diversified portfolio of professionally managed ‘Grade A’ real estate assets in...

More Details