Business & Money | Friday 16 January, 2015 1:52 am

Saudia: Canceled ticket’s refund to be sent to account

Saudi Arabian Airlines announced Thursday it would deposit the refund amount of canceled cash tickets in customers’ accounts in seven days.“The new service will save a lot of time and energy of customers,” said Mohammed Al-Bakri, executive vice president for finance at the airline.Refund...

More Details

Business & Money | Friday 16 January, 2015 1:50 am

Travel boost: Jazan, Abha, Arar to get new airports

The General Authority of Civil Aviation will build three new airports in Jazan, Abha and Arar this year as part of efforts to meet the demand of growing passenger traffic. This has been revealed by Prince Fahd bin Abdullah, president of GACA.Speaking to reporters after inspecting progress of work...

More Details

Business & Money | Wednesday 14 January, 2015 1:15 pm

REC launches Saudi Build – Interiors to tap country’s USD 3.6 billion market

Riyadh Exhibitions Company, the leading organizer of trade fairs and public events in the Kingdom of Saudi Arabia (KSA), organized a press conference to launch Saudi Build – Interiors yesterday (Tuesday January 13, 2015) at the Four Seasons Hotel - Riyadh. The event was attended by a group of...

More Details

Business & Money | Wednesday 14 January, 2015 3:10 am

New Saudization steps for vegetable market mooted

The Saudization committee has proposed new regulations to localize the Jeddah central fruit and vegetable market in a bid to regulate the activities as also to nationalize the labor force by 100 percent.The committee has found labor laws irregularities in the market where papers such as forms of...

More Details

Business & Money | Wednesday 14 January, 2015 2:27 am

Castrol Signs Exclusive Agreement with AlOdhaib Company

Castrol, the region’s leading provider of motor oil and lubricants, announced the signing of an exclusive cooperative agreement with AlOdhaib Company, a distributer and service center for Lexus and Toyota in the Kingdom, focusing on the supply of premium, synthetic Castrol lubricants and...

More Details

Business & Money | Tuesday 13 January, 2015 2:52 pm

HILTON WORLDWIDE CELEBRATES GRADUATES OF INNOVATIVE “MANAGER OF THE FUTURE” PROGRAM

In an event held at the Makkah Hilton and Towers in November, Hilton Worldwide celebrated the debut graduates of its Mudeer Al Mustaqbal (Manager of the Future Program). The two-year course is designed to put select Saudi university graduates on the fast track to management positions in the hotel...

More Details

Business & Money | Tuesday 13 January, 2015 2:32 pm

Michael Rauterkus is the new CEO of Grohe AG

Michael Rauterkus (47) has been appointed by the Supervisory Board of Grohe AG to the position of CEO with effect from 1 January 2015. The announcement was made following the last Supervisory Board meeting. Rauterkus takes over this function from David J. Haines, Chairman and CEO of the GROHE Group ...

More Details

Business & Money | Tuesday 13 January, 2015 2:26 pm

Almarai supports “Tarahum” society

The National Committee for the Care of Prisoners, Released Prisoners and their Families "Tarahum" has received a material donation from Almarai Company in form of large quantities of its products to be distributed to the needy of this social category. The support included all branches of Tarahum...

More Details

Business & Money | Tuesday 13 January, 2015 1:32 pm

Sawerly's Entrepreneurship Journey

A 1 Billion Riyal Market with an average of more than 200,000 requests a year only in Saudi, the photography industry was considered an untapped market until last year. Sawerly, an innovative Saudi start-up, had the sole purpose to open our eyes to the photographer market. A once unstandardized,...

More Details

Business & Money | Tuesday 13 January, 2015 1:27 pm

AIESEC to be the Leadership Development Partner at the Human Assets Expansion Summit MENA

150 influential ‘C’ suite executives and HR Directors from leading organisations in the MENA region will unite in Dubai in May for the 10th annual Human Assets Expansion Summit MENA (HAES). Organised by naseba group, which provides deal facilitation services in growth markets, the summit...

More Details