Business & Money | Wednesday 10 May, 2017 6:30 am

Ethical Boardroom's Corporate Governance Awards 2017 Celebrates the Best in the Middle East

With changing political and economic environments affecting both the performance and growth expectations of companies in the Middle East, it’s no surprise to learn that it’s the high-performing boards that focus on good governance. The companies that excel in the Middle East ensure...

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Technology & IT | Wednesday 10 May, 2017 6:25 am

Turkcell Group Selects Verscom Solutions' ODINE for Actionable Insights and a Unified View of Their Wholesale Voice Business

Turkcell, an integrated communication and technology services provider which serves about 50.4 million customers in Turkey and its region, selects ODINETM, a suite of intelligent wholesale voice business management applications, to increase the agility of their wholesale voice operations...

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Tourism & Hospitality | Wednesday 10 May, 2017 6:22 am

Gulf carrier Etihad Airways names veteran exec interim CEO

The parent company of Etihad Airways has tapped one of its own executives to take over for the outgoing CEO who oversaw the Gulf carrier’s aggressive expansion and acquisition spree. The Etihad Aviation Group board of directors on Monday named Irish national Ray Gammell as interim chief...

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Government | Wednesday 10 May, 2017 6:14 am

Cabinet congratulates Macron as new French president

The Cabinet on Monday congratulated Emmanuel Macron for being elected president of France, and wished the French people progress and prosperity.  Chaired by King Salman at Al-Salam Palace in Jeddah, the Cabinet welcomed the joint statement of the Saudi-Qatari Coordination Council last...

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Cars & Autos | Wednesday 10 May, 2017 6:05 am

Ford’s Driving Skills For Life Teaches Invaluable Lessons in Dangers of Speed and Poor Night-time Visibility

Ford Middle East and Al Jazirah Vehicles Agencies Co., the importer-dealer for the Ford and Lincoln brands in the Kingdom, this year partnered with King Saud University, Riyadh, and King Abdulaziz University, Jeddah, to host the "Ford Driving Skills for Life" programme in the Kingdom of...

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Business & Money | Wednesday 10 May, 2017 5:35 am

Doha Bank Exchange Traded Fund (Etf) in Final Phase

Qatar Exchange and HSBC organized the Annual Investment Forum 2017 on 8-9 May 2017 at New York Palace Hotel.  Mr. Rashid Ali Al-Mansoori, Qatar Exchange CEO   said, “Qatar exchange aims to provide more products this year to encourage investments from global investors. The...

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Business & Money | Wednesday 10 May, 2017 5:25 am

Saudi deflation continues for third consecutive month: Report

Deflation in Saudi Arabia continued for the third consecutive month and reached 0.4 percent, up from 0.1 percent in February, said a Jadwa Investment report issued on Sunday.  Although foodstuffs registered deflation, it was at a slower year-on-year rate of 2.7 percent, compared to 3.4...

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Tourism & Hospitality | Wednesday 10 May, 2017 5:18 am

Passenger arrested after causing panic on Flynas plane bound for Cairo

An apparently mentally unstable man caused panic among passengers on an airliner heading for Cairo from Jeddah on Tuesday when he threatened to blow up the aircraft, airport sources said. The 61-year-old man, a retired textile worker from Egypt, was subdued by security staff on the plane, operated ...

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Business & Money | Wednesday 10 May, 2017 5:17 am

Sheraa Partners with Crescent Enterprises to Develop Region’s Social Entrepreneurship Ecosystem

As part of its commitment to supporting the growth of socially-conscious entrepreneurs in the region, Sheraa - a launch pad for aspiring entrepreneurs in the United Arab Emirates – has entered in to an exclusive strategic partnership with Crescent Enterprises, the founding partner for...

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Business & Money | Wednesday 10 May, 2017 5:16 am

Al-Rajhi properties auctioned for $172m

The value of the first auction held to sell the estate of Saudi businessman Saleh bin Abdulaziz Al-Rajhi amounted to more than SR644 million ($172 million). The auction was held Saturday evening at the InterContinental Hotel in Riyadh to sell four properties left by Al-Rajhi. The first, Toarn...

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