19 Ramadan 1445 - 29 March 2024
    
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Eye of Riyadh

BSI lays down guidelines for tapping into eco tourism
Business & Money | Wednesday 27 April, 2016 5:42 am
BSI, the world-leading business standards company and respected international certification body, provided a compelling case for organisations in the region to adopt international best practice standards and certifications during an interactive seminar session on day one of Arabian Travel Market...
King Abdullah Financial District to be overhauled
Business & Money | Wednesday 27 April, 2016 5:23 am
The Kingdom is revising plans for the King Abdullah Financial District in Riyadh, after the project was plagued by delays and a lack of enthusiasm among potential tenants and investors. The project to build the King Abdullah Financial District began in 2006; skyscrapers were to house banks and...
Tenzin/Riaz book berth at the Xerox Corporate Golf Challenge’s Grand Final
Business & Money | Tuesday 26 April, 2016 4:58 pm
Xerox Corporate Golf Challenge (XCGC) 2016 held its third qualifying round at Almouj Golf Club, Muscat, Oman, on Friday, April 22.     Tenzin Tsarong and Faiz Riaz, from team Tenzin/Riaz, scored 41 points to be declared the winners. William Welsh and Danny Renihan, team Toon Army...
Doha Bank wins top honor at The Asian Banker International Excellence in Retail Financial Services Awards 2016
Business & Money | Tuesday 26 April, 2016 3:25 pm
Adding yet another accolade to its growing awards tally, Doha Bank has won the award for “Product of the Year- Mobile Banking Experience” at The International Excellence in Retail Financial Services Awards 2016 hosted by The Asian Banker. The award was presented at a ceremony held...
Sidra Capital Advises On First Property Acquisition In usa Worth SAR 350 Million
Business & Money | Tuesday 26 April, 2016 11:34 am
Sidra Capital announced its first foray in the US real estate market with the developing funding and acquisition of a newly built office building in the prosperous Charlotte suburb of Fort Mill, South Carolina leased to a subsidiary of AmerisourceBergenCorporation (Amerisource), a Fortune 500...
GULF INTERNATIONAL BANK B.S.C. RAISES SAR2 BILLION THROUGH AN OVERSUBSCRIBED BOND ISSUE
Business & Money | Tuesday 26 April, 2016 5:25 am
Gulf International Bank’s (GIB) latest bond issue met with strong demand as the bank on 19th April, 2016 successfully priced its senior unsecured SAR2 billion 5-year Floating Rate Notes issuance at a spread of 140 basis points above three-month SAIBOR.   The issuance was well...
Gulf railway to create 80,000 jobs
Business & Money | Tuesday 26 April, 2016 5:17 am
The GCC Railway, which link the six member countries of the Gulf Cooperation Council by 2018, is expected to create more than 80,000 direct and indirect jobs, said Abdurrahim Naqi, secretary-general of GCC Chamber of Commerce and Industry. “This is a strategic and vital project for the...
Full Text of Saudi Arabia’s Vision 2030
Business & Money | Tuesday 26 April, 2016 4:24 am
The Council of Ministers endorsed during its session on Monday under the chairmanship of Custodian of the Two Holy Mosques King Salman Saudi Arabia’s Vision 2030. The Cabinet session was devoted to discuss the vision, which was drafted by the Council of Economic and Development Affairs...
American giant “ Do It Best” Opens Its First Store in Saudi Arabia
Business & Money | Monday 25 April, 2016 3:04 pm
Attken International, part of Saudi Arabia-based Albawardi Group, announced its partnership with the U.S.-based Do it Best Corp, a member-owned fully integrated hardware, lumber, and building materials cooperative in the home improvement industry, to develop the first store of its kind in Saudi...
OSN scores big wins in fight against TV piracy; steps up action to mark World Intellectual 
Property Day
Business & Money | Monday 25 April, 2016 2:28 pm
OSN, the leading pay-TV network in the Middle East and North Africa, has scored big wins in its fight against television piracy across the region, having conducted more than 316 raids with the support of government authorities.    Marking the World Intellectual Property Day (World...
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