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Eye of Riyadh

ADCB successfully completes system enhancement
Business & Money | Wednesday 4 October, 2017 12:51 pm
ADCB has successfully completed the migration of its core banking systems and consolidated multiple systems into a single solution on 3rd October 2017. The application landscape that connects over 130 other systems to the Core Banking suite rendered the implementation extremely complex,...
Yahsat Partners With Gitex to Promote Innovation Among Students in the Uae and Across the World
Business & Money | Wednesday 4 October, 2017 12:45 pm
As part of its ongoing efforts to support the leaders of tomorrow, Yahsat, the UAE-based satellite operator, is sponsoring the GITEX - Student Lab Competition, an initiative by the GITEX Technology Week to recognise and promote innovation and creativity among students in the fields of...
2XL’s Yonalita collection brings chic elegance to the bedroom
Business & Money | Wednesday 4 October, 2017 12:45 pm
2XL, the leading luxury furniture and home décor brand in the UAE, has launched Yonalita, a beautifully buttoned bed with matching bedside tables. This French styled bedroom collection is crafted in mahogany and painted in ivory accents with blue floral motifs. According to Amit ...
Hormann launches thermal insulated industrial sectional doors
Business & Money | Wednesday 4 October, 2017 12:34 pm
Hormann has launched double-skinned insulated steel sectional doors, SPU F42 in the UAE. Thermal insulation reduces energy requirement, consequently also lowers heating costs and lower CO2 emissions. SPU F42 door sections are filled with polyurethane rigid foam. This 42-mm-thick insulating core...
VAT in the GCC: Benefits of voluntary registration, especially for small businesses
Business & Money | Wednesday 4 October, 2017 12:21 pm
From 1 January 2018, any business operating in the Gulf Cooperation Council (GCC) group of nations that earns revenue of Dhs 375,000 or more, will be legally required to register as a value-added tax (VAT) vendor.   The new VAT law has come as a shock to many businesses –...
Dubai to host a by invitation-only, luxury business platform for the world’s $5 billion elite party planning industry
Business & Money | Wednesday 4 October, 2017 12:13 pm
Leading personalities and pioneers from the $5 billion global elite party planning industry will arrive in Dubai for the Planners Xtraordinaire Show taking place at the luxurious Palazzo Versace Hotel Dubai from 3rd to 5th October 2017. Organised by QnA International, The Planners Xtraordinaire...
 “Tahdeeth” to Strengthen the Community Development and Welfare of 25,000 Emirati Families in Sharjah
Business & Money | Wednesday 4 October, 2017 7:17 am
Sharjah Department of Statistics and Community Development (DSCD) launched a new data project that will update demographic information on the emirate’s citizens. Titled ‘Tahdeeth,’ the project is in alignment with Sharjah’s on-going efforts to boost community development,...
World Green Economy Summit (WGES) 2017 to shed light on green financing for sustainable growth and development
Business & Money | Wednesday 4 October, 2017 6:45 am
In an endeavour to step up support for green financing and to leverage innovative finance mechanisms, the fourth World Green Economy Summit (WGES) 2017, set to be held on 24-25 October at Dubai International Convention and Exhibition Centre will highlight the role of financing and investment...
AlBaik restaurant chain announces plans for 7 new branches in Riyadh
Business & Money | Tuesday 3 October, 2017 10:29 pm
The restaurant chain AlBaik Food Systems Company has announced plans to open seven new branches in Riyadh. The announcement comes after signing a strategic partnership agreement with Peace Stars Holding Company that includes the acquisition of land that will be used for the new outlets. The...
Anfas Medical Care (AMC) and GE Healthcare have signed a SAR 113 million (US$30 million) agreement
Business & Money | Tuesday 3 October, 2017 5:09 pm
Saudi Arabia’s Anfas Medical Care (AMC) and GE Healthcare have signed a SAR 113 million (US$30 million) agreement supporting AMC’s brand-new 120-bed specialty facility, that will cater to chronic pulmonary patients requiring long-term rehabilitation and intensive care. The innovative,...
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