Business & Money | Wednesday 11 May, 2016 4:24 am

Riyadh financial district project to be shifted to PIF

Saudi Arabia is to transfer ownership of Riyadh’s King Abdullah Financial District to the Public Investment Fund (PIF) from the Public Pension Agency (PPA), according to four sources aware of the matter. The move is an attempt to rescue the project, started a decade ago with the aim of...

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Business & Money | Tuesday 10 May, 2016 5:47 am

Himmah Logistics to obtain land in KAEC

Rayan Qutub, CEO of the Industrial Valley, and Dr. Abdulaziz AlBabtain, Himmah Logistics Chairman of the Board, sign the agreement JEDDAH — King Abdullah Economic City (KAEC) has signed with leading logistics company Himmah Logistics to purchase land in the third phase of KAEC’s...

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Cars & Autos | Tuesday 10 May, 2016 5:00 am

Ford and Al Jazirah Vehicles Agencies Co., in partnership with King Abdulaziz University

After the great success of the program which was concluded recently in Riyadh city and In a bid to help make driving in the Kingdom safer, Ford Middle East in partnership with Al Jazirah Vehicles Agencies Co., the dealer for the Ford and Lincoln brands in the Kingdom, announced partnership with...

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Government | Tuesday 10 May, 2016 3:44 am

King arrives in Jeddah

Custodian of the Two Holy Mosques King Salman being received at King Abdulaziz International Airport, upon his arrival in Jeddah from Riyadh on Monday. Crown Prince Muhammad Bin Naif, deputy premier and minister of interior, and Prince Khaled Al-Faisal, emir of Makkah and advisor to Custodian of...

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Business & Money | Tuesday 10 May, 2016 3:01 am

Middle East and Africa region takes lead in global payment industry

The future looks bright for the regional payment industry, declared Network International, the leading payment solutions provider in the Middle East and Africa (MEA), at its 9th User Conference, held recently in Rome, Italy.   Network International discussed emerging developments...

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Technology & IT | Monday 9 May, 2016 2:36 pm

Mobily Launches Antivirus Service in Collaboration with Intel – McAfee

Etihad Etisalat (Mobily) has signed an agreement with Intel - McAfee International Company to launch antivirus and security service exclusively in the kingdom to protect customers from cyber-attacks in collaboration according to competitive prices. Mobily clarified the subscription fee will be...

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Business & Money | Monday 9 May, 2016 5:06 am

56 years on, KSA frees itself from oil addiction

More than 56 years after the establishment of the Ministry of Petroleum and Mineral Resources, when the Kingdom was attempting to organize investing its natural resources with a view to achieving economic progress and social prosperity, the name of the ministry has been changed to the Ministry of...

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Environment & Energy | Monday 9 May, 2016 4:04 am

Saudi Arabia to maintain stable oil policies: Falih

Saudi Arabia’s new energy minister on Sunday pledged to maintain the Kingdom’s oil policy, after being named in a major government overhaul. “Saudi Arabia will maintain its stable petroleum policies,” Khalid Al-Falih said in a statement. “We remain committed to...

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Culture & Education | Monday 9 May, 2016 3:07 am

King Abdulaziz Center for World Culture takes part in MetLib conference in Qatar

The head of library and archives at the King Abdulaziz Center for World Culture, Abdullah Yacoub Yousef Al-Abdullah, attended the 48thMetropolitan Libraries (MetLib) Conference, hosted by Qatar National Library (QNL) in Doha, from April 23-28. MetLib 2016 brought together leading industry...

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Business & Money | Sunday 8 May, 2016 3:53 pm

‘FBCG’ concludes Annual Regional Summit 2016

Family Business Council – Gulf (FBCG) successfully concluded its Annual Regional Summit in Dubai under the theme ‘Next Generation Transition’.   Held for the third consecutive year, the Summit witnessed the active participation of regional and international family...

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