Business & Money | Friday 17 April, 2015 12:49 pm

KSA to open stock market to foreigners on June 15

Saudi Arabia will open its $532 billion stock market to direct foreign investment on June 15, allowing qualified foreign institutions to buy shares, the Capital Market Authority (CMA) said.Final rules covering the opening of the market will be published on May 4, the CMA added.The authority...

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Business & Money | Friday 17 April, 2015 12:16 am

Roomz educates women on the effects of interior design

Roomz, the pioneer brand in home furniture and one of Al Mutlaq Holding’s companies, has held “Basics of Interior Design” seminar at Roomz showroom in Riyadh, in collaboration with Mrs. Renad Al Sekait, a lecturer in the interior design college at Prince Sultan University. Journalists,...

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Business & Money | Friday 17 April, 2015 12:02 am

AQUABLADE™, TOILET SYSTEM WINS PRESTIGIOUS AIT AWARD

ISH, the World’s Leading Trade Fair for The Bathroom Experience, Building Services, Energy, Air Conditioning Technology and Renewable Energies, was held at Messe Frankfurt’s Exhibition Centre with over 2,400 exhibitors and 198.000 visitors! Ideal Standard’s revolutionary new AquaBladeTM flush ...

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Business & Money | Thursday 16 April, 2015 2:29 pm

JOTUN INCREASES PRODUCTION CAPACITY WHILE CONTINUING ITS QUEST FOR INNOVATION

Jotun, the leading powder coatings and paint manufacturer in the Kingdom, has expanded its Powder Unit in Dammam to substantially increase capacity to meet growing demand. This expansion strengthens Jotun’s position as the largest manufacturer of powder coatings in the Kingdom and will allow the...

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Business & Money | Thursday 16 April, 2015 1:48 pm

Mindshare’s Exciting KSA Media Summit Attracts Global Experts

Mindshare, which is part of WPP, is a global media agency network helping clients to make collaborative and adaptive decisions across their paid, owned, and earned marketing in real-time. The agency is gearing up for another original event: “Staying Agile,” a dynamic media summit that will be...

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Business & Money | Thursday 16 April, 2015 9:05 am

NIDO CELEBRATES 70 YEARS

OF PROVIDING GOOD NUTRITION TO CHILDRENNestlé NIDO® marks milestone anniversary in the Middle East by giving you the chance to contribute to the donation of 7 million glasses of milk with a simple click Dubai, United Arab Emirates, April 2015: For 70 years, Nestlé NIDO® has been celebrating...

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Business & Money | Thursday 16 April, 2015 7:28 am

Retail leaders call for strong partnership with government

Saudi Arabia is among the top 20 best and prosperous retail sectors in the world. It is in this context that the annual InRetail Summit Saudi Arabia was a success. It concluded its events amid optimism of a better partnership between the retail sector and the government aimed at supporting the...

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Business & Money | Thursday 16 April, 2015 7:26 am

Alfareeda delivers homes after completion of phase one

Ewaan Global Residential Company has announced the completion of phase one of its Alfareeda residential project and has already begun delivering the 324 villas to their owners.At a ceremony celebrating the occasion, attended by dignitaries and government officials, Ewaan’s Chairman Anees Moumina...

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Business & Money | Thursday 16 April, 2015 7:24 am

Alwaleed has a special vision for investments

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received Markus Ederer, German state secretary of the Federal Foreign Office. A delegation that included Boris Ruge, German ambassador to Saudi Arabia, accompanied Ederer.Mohammed Almujadidi, senior executive manager, office of...

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Business & Money | Thursday 16 April, 2015 12:41 am

SALIC invests in Canadian JV

Saudi Agricultural and Livestock Investment Company (SALIC) and Bunge, a leading global agribusiness and food company, today announced that their newly formed Canadian joint venture had invested C$250 million (around SAR 750 million) in prestigious Canadian wheat and barley marketing organization...

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