Business & Money | Wednesday 6 April, 2016 2:27 pm

QNB Financial Results For The Three Months Ended 31 March 2016

QNB Group, a leading bank in the Middle East and Africa, announced its results for the three months ended 31 March 2016. For the first three months of 2016, Net Profit was QAR2.9 billion, (USD 787 million) up by 7.1% compared to last year.  The Group’s prudent cost control policy...

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Business & Money | Wednesday 6 April, 2016 2:20 pm

Mobily Sponsors the 3rd Saudi International Exhibition for People with special needs (Diaa 3)

Etihad Etisalat (Mobily) sponsored the 3rd Saudi International Exhibition for people with special needs (Diaa 3), which will be concluded its today at Riyadh International Convention & Exhibition Center- RICEC under the supervision of the Disabled Children's...

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Business & Money | Wednesday 6 April, 2016 1:29 pm

Saxo Q2 Outlook: A social contract in tatters fuels anti-establishment voices and volatility

Saxo Bank, the online multi-asset trading and investment specialist, has today published its quarterly outlook for global markets and key trading ideas for the second quarter of 2016, the Essential Trades:   Political uncertainty and the rising anti-establishment sentiment seen around...

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Business & Money | Wednesday 6 April, 2016 1:09 pm

Citymax Unveil Vibrant New Identity

Citymax Hotels, the hospitality division of the Landmark Group, today reveal the launch of its refreshed visual identity, together with a preview into its re-designed rooms. This exciting process has been inspired by and created to meet the needs of the modern informed traveller.  Bold,...

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Business & Money | Wednesday 6 April, 2016 1:00 pm

68% Businesses in Saudi Arabia Prefer Banks with Solid Security Reputation

68% of companies in Saudi Arabia prefer to bank with a provider who has a solid security reputation, according to a Kaspersky Lab survey. Those banks that make security a priority and take every effort to ensure measures are in place to safeguard against online financial fraud will have an...

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Business & Money | Wednesday 6 April, 2016 7:52 am

Prince Khaled assesses first hand King Abdullah Port achievements

Emir of Makkah Prince Khaled Al Faisal, Advisor to Custodian of the Two Holy Mosques, toured King Abdullah Port on Monday. He viewed the progress of work at the first port ever to be fully owned, developed and operated by the private sector, both in the Kingdom and the Middle East. Prince Khaled ...

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Business & Money | Wednesday 6 April, 2016 7:50 am

KSA vows firm action against Haj disrupters

An assessment report of security and services at last year’s Haj was discussed at a meeting of the Supreme Haj Committee Tuesday in Riyadh chaired by Crown Prince Mohammed bin Naif, deputy premier and interior minister. Prince Mohammed, who held the meeting at the ministry’s office,...

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Business & Money | Wednesday 6 April, 2016 7:49 am

Passport Department discusses plans to streamline operations

Director General of Passport Maj. Gen. Abdul Aziz Al-Yahya met with the different department directors on Monday to discuss future plans to streamline operations. He noted that the number of pilgrims had been increasing so that there’s a need to make necessary adjustments in the issuance...

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Business & Money | Wednesday 6 April, 2016 6:50 am

Saudi businessmen investing $4bn in projects in Egypt

Saudi businessmen are investing $4 billion in projects including the Suez Canal, energy and agriculture, and have already deposited 10 percent of that sum in Egyptian banks, the deputy head of the Saudi-Egyptian Business Council said. “Ten percent of the capital has been deposited in...

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Business & Money | Tuesday 5 April, 2016 2:32 pm

Kingdom’s Real Estate Sector in the Spotlight at Euromoney Saudi Arabia 2016

The long-term opportunities of the Saudi Arabian real estate sector – as well as the steps investors are taking to protect themselves in the current period of turbulence – will be reviewed at the forthcoming Euromoney Saudi Arabia Conference, set to take place in Riyadh this...

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