Business & Money | Friday 27 October, 2017 1:41 pm

SEDCO Capital Participates in the 2nd Global Ethical Finance Forum

SEDCO Capital, one of the largest asset managers in Saudi Arabia, was invited to participate in the 2nd Global Ethical Finance Forum to discuss the interplay between Ethics, Faith, Finance and Impact.   The 2nd Ethical Finance conference, which took place in Edinburgh with the support of ...

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Environment & Energy | Thursday 26 October, 2017 12:50 pm

Petromin Jeddah Plant Certified to BS OHSAS 18001:2007 Standard

Petromin, the leading lubricants and automotive services company in Saudi Arabia, has been successfully compliant to the OHSAS 18001:2007 Standard for Occupational Health and Safety Management System for Jeddah plant as the first time ever in Petromin KSA history.   The...

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Business & Money | Thursday 26 October, 2017 6:49 am

Emaar wants to do more business in Saudi Arabia

Mohamed Alabbar, the Emaar Properties chairman, is keen to do further business with Saudi Arabia, and would like to help the Kingdom to develop the $500 billion Neom project announced at the opening day of the Future Investment Initiative in Riyadh. Speaking on the sidelines of the conference, ...

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Government | Thursday 26 October, 2017 6:42 am

Crown Prince meets US treasury secretary

Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, met US Treasury Secretary Steven Mnuchin on the sidelines of the Future Investment Initiative (FII) sessions in Riyadh on Wednesday. During the meeting, they discussed major economic issues between the Kingdom and the...

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Business & Money | Thursday 26 October, 2017 6:23 am

King Faisal International Prize helps highlight role of Arabs in humanity’s progress during last 40 years

As part of its efforts to highlight the role of Arabs in the progress of mankind, the King Faisal International Prize has so far recognized the contributions of 108 Arabs, including individuals of Arab origin, as well as Arab organizations. Among the individual winners are rulers,...

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Government | Thursday 26 October, 2017 4:00 am

SoftBank books $3 billion in first 5 months of partnership with Saudi PIF

Masayoshi Son, the partner of Saudi Arabia’s Public Investment Fund, revealed that his Vision Fund has made a return of 22 percent in its first five months of operation and turned in a profit of $3 billion. Now he is ready to launch similar funds in the near future. Son, also founder...

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Business & Money | Wednesday 25 October, 2017 4:15 pm

Al-Futtaim opens second Homeworks store in Saudi Arabia

Homeworks, the latest addition to Al-Futtaim’s retail portfolio, has opened its second store at Rimal Centre, Riyadh in Saudi Arabia and has plans to open two more stores in the city later this year.    The Dubai-headquartered group opened its first Homeworks store located at...

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Business & Money | Wednesday 25 October, 2017 2:20 pm

AnchorHeimtextil 2018 continues to grow with international top players

  Strong interest from the Middle East with UAE textile market being estimated at $ 17.5 billion annually   The Middle East continues to be a strong source of interest for international textiles suppliers, with increasing market demand stemming from the region for the latest in...

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Business & Money | Wednesday 25 October, 2017 12:55 pm

Mastercard’s President and CEO discusses Role of Big Data at the Future Investment Initiative in Riyadh

Ajay Banga, President and CEO of Mastercard, a leading technology company in the global payments industry, participated in a panel discussion at the Future Investment Initiative which is taking place in Riyadh this week at the King Abdulaziz International Conference Center. The session, titled...

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Tourism & Hospitality | Wednesday 25 October, 2017 10:01 am

Malaysian ambassador launches “Explore & discover Malaysia” packages In cooperation with Al- Rais Travel

The Malaysian Ambassador to the UAE H.E. Mr. SYED MOHD HASRIN officially launched “EXPLORE & DISCOVER MALAYSIA” packages in cooperation with Al – Rais Travel in MOVENPICK HOTEL – DUBAI. The attendees were comprise a governmental Malaysian agencies in UAE, airlines...

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