Business & Money | Sunday 5 November, 2017 1:52 am

SADAFCO Announces the Construction of New Warehouses in Jeddah and Tabuk

As part of its expansion plans in the Kingdom, Saudia Dairy and Foodstuff Company (SADAFCO) has recently announced the construction of new warehouses in Jeddah and Tabuk.   The projects, which are forecasted to have a positive impact on SADAFCO’s profits, have an...

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Tourism & Hospitality | Sunday 5 November, 2017 1:23 am

Al Khozama Leads the Kingdom’s Hospitality Industry for 5th consecutive year

Al Khozama Company, Saudi Arabia’s leading hospitality and property management company, receives 14 global awards from the World Travel Awards (WTA) and Haute Grandeur (Global Hotel Awards) at ceremonies held in Dubai and Bangkok. As the industry’s most prestigious awards, it is a...

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Government | Sunday 5 November, 2017 12:58 am

Saudi crown prince leads new anti-graft committee

Saudi Arabia launched a crackdown on public corruption on Saturday and apppointed new ministers for the National Guard and for economy and planning. National Guard Minister Miteb bin Abdullah was dismissed and replaced by Prince Khaled bin Ayyaf. Economy and Planning Minister Adel Fakieh was ...

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Government | Saturday 4 November, 2017 9:41 pm

King sacks Prince Miteb, relieves minister of economy and planning

Custodian of the Two Holy Mosques King Salman issued a royal order on Saturday sacking Prince Miteb Bin Abdullah as the Minister of National Guard. He has been replaced by Prince Khalid bin Abdulaziz bin Mohammed bin Ayyaf Al-Muqren. In another royal order, the King relieved Minister of ...

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Business & Money | Saturday 4 November, 2017 4:13 am

Fitch Ratings affirms Saudi Arabia at "A+"

Fitch Ratings Agency today confirmed the strength of Saudi Arabia's economy and the effectiveness of economic reforms being carried out by the government of the Kingdom.  In addition, Fitch affirmed the Kingdom's strong credit rating at ‘A+’ with stable...

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Business & Money | Saturday 4 November, 2017 2:47 am

Virgin Megastore celebrates grand opening of its latest store prominently located in Hayat Mall, Riyadh

Virgin Megastore celebrated the grand opening of its latest megastore, prominently located in Hayat Mall, Riyadh, with a gala event on Thursday 2 November.     “We are expanding our chain of Virgin Megastores in key locations to meet the needs of the kingdom’s fast...

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Business & Money | Saturday 4 November, 2017 12:07 am

Dubai Ruler Launches IT Education Initiative to Create One Million Arab Coders

The Hussain Sajwani - DAMAC Foundation, a joint venture between DAMAC Properties and its Chairman, Mr Hussain Sajwani, has signed a partnership memorandum to support and sponsor the One Million Arab Coders initiative. The initiative, launched by UAE Vice President, Prime Minister and Ruler...

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Government | Friday 3 November, 2017 2:58 am

King receives Russian energy minister

Custodian of the Two Holy Mosques King Salman received Alexander Novak, Russian energy minister and head of the Russian side at the Saudi-Russian Joint Committee, in Riyadh on Thursday. During the meeting, they reviewed bilateral relations and the committee’s important role in developing and...

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Technology & IT | Friday 3 November, 2017 12:51 am

Ericsson Partners for Success at the Digital Frontier during AfricaCom 2017

Ericsson (NASDAQ: ERIC) will again demonstrate its commitment to Africa at this year’s AfricaCom 2017 under the theme “Partnering for success at the Digital Frontier in Africa” while highlighting how it is enabling technology and turning great ideas into global...

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Business & Money | Friday 3 November, 2017 12:05 am

9th Edition of IREIS 2017 Was a Record Breaker at the end of Day One, Organisers Report

The 9th edition of the three-day International Real Estate & Investment Show 2017 (IREIS) began with a record breaking day one in Abu Dhabi today. IREIS 2017 showcased more than 180 projects of about 120 companies from the UAE, USA, UK, Canada, Egypt, Europe, Pakistan,and the Caribbean...

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