Business & Money | Wednesday 26 August, 2015 12:00 pm

More Than 4,500 Chinese Dragons Set To Descend On Melbourne

The International Dragon Award (IDA) Annual Meeting, a prestigious international conference currently being hosted in Dubai, will be staged in Melbourne in August 2017, it was officially announced today. More than 4,500 Mandarin speaking insurance specialists chose Melbourne for their convention ...

More Details

Technology & IT | Wednesday 26 August, 2015 11:54 am

TP-LINK Hosts KSA Partner Seminar

TP-LINK Technologies Co Ltd, a global provider of SOHO and SMB networking products and wireless LAN solutions, has announced that the recent partner seminar hosted in KSA was a success.   According to the company, which manufactures a broad range of products to consumers and small...

More Details

Business & Money | Wednesday 26 August, 2015 7:59 am

Pacific Controls Acquires Equity in WSO2 Positioning itself as a Global Leader in Delivering Managed Cloud Services

Pacific Control Systems (PCS), the world leader in Internet of Things (IoT) and machine-to-machine (M2M) solutions, announced that it has invested $20 million into WSO2, an open source cloud application development and middleware company. Further to this investment, Mr. Dilip Rahulan, Executive...

More Details

Business & Money | Wednesday 26 August, 2015 7:46 am

PIAGET CELEBRATES POLO AT THE FOURTH ANNUAL PIAGET HAMPTONS CUP

Piaget returned to the Equuleus Polo Club for the fourth consecutive year as the presenting sponsor of the Piaget Hamptons Cup. Partnering with polo superstar Nacho Figueras and polo enthusiasts Joe and Diana DiMenna, the Maison hosted an exhibition match benefiting Robin Hood, one of New York...

More Details

Business & Money | Wednesday 26 August, 2015 7:28 am

MICHELIN Pilot Sport Experience 2015 welcomes Middle East and Africa participants

Michelin, the world's tyre technology leader, hosted a thrilling yet professional car racing experience for brand loyalists across Middle East and Africa for the very first time, at the MICHELIN Pilot Sport Experience in Kuala Lumpur, Malaysia. Held at the prestigious Sepang...

More Details

Business & Money | Wednesday 26 August, 2015 7:19 am

China cuts rates, reserve ratio after stocks plummet again

China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe. The moves came after Chinese stocks...

More Details

Business & Money | Wednesday 26 August, 2015 7:15 am

TASI surges; dollar peg ‘serves economy well’

The Saudi riyal will remain pegged to the US dollar as it has served the economy well, said the Saudi Arabian Monetary Agency (SAMA) on Tuesday. “The Kingdom is committed to keeping the riyal pegged to the dollar,” Ahmed Abdulkarim Alkholifey, deputy governor for research and...

More Details

Business & Money | Wednesday 26 August, 2015 7:14 am

Forum highlights ills of drug addiction

The National Committee for Combating Drugs has launched an introductory forum on Monday, showcasing its projects and programs in Jeddah. The forum was organized in cooperation with the General Directorate of Narcotics Control (GDNC) and conducted under the auspices of Makkah Gov. Prince Khaled...

More Details

Business & Money | Wednesday 26 August, 2015 2:23 am

Highway gas stations revamp intensifies

There has been a flurry of activity on the country’s highways as service companies race to meet the Jan. 19 deadline for the revamp of dilapidated gas stations.  The Ministry of Municipal and Rural Affairs has previously handed out contracts of three and five years to five companies to...

More Details

Environment & Energy | Wednesday 26 August, 2015 2:03 am

Jeddah water project phase-II to be over by mid-2016

Jeddah’s water shortage woes will be considerably over by the middle of next year, as the second phase of the project with a capacity of one million cubic meters (MCM) is nearing completion.  “The second stage of the strategic project, worth over SR375 million, is already...

More Details