Business & Money | Wednesday 6 April, 2016 3:26 pm

SEDCO Capital Announces the Successful Closing of the SEDCO Capital Real Estate Income Fund II at SR 445 million

 SEDCO Capital, a leading Saudi asset management firm, has announced the successful closing of the SEDCO Capital Real Estate Income Fund II (SCREIF II), its second Real Estate Income Fund with SR 445 million in commitments from more than 35 investors including public and private sector...

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Technology & IT | Wednesday 6 April, 2016 1:12 pm

Canon Middle East Official Imaging Partner at World Art Dubai

Canon Middle East, a leader in digital imaging solutions, will be the Official Imaging Partner at World Art Dubai, the biggest affordable art fair in the country, to be held till April 9 at the Dubai World Trade Centre on Sheikh Zayed Road.    The event, which brings in 140 local,...

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Business & Money | Wednesday 6 April, 2016 1:09 pm

Citymax Unveil Vibrant New Identity

Citymax Hotels, the hospitality division of the Landmark Group, today reveal the launch of its refreshed visual identity, together with a preview into its re-designed rooms. This exciting process has been inspired by and created to meet the needs of the modern informed traveller.  Bold,...

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Tourism & Hospitality | Wednesday 6 April, 2016 8:00 am

New Saudia lounge in Riyadh airport

Director general of the Saudi Arabian Airline Company (Saudia) Saleh bin Nasser Al-Jasser has inspected the new 5th lounge at King Khaled International Airport in Riyadh which will soon be opened. His tour covered the areas dedicated to receive the guests in the lounge, the passport desks, the...

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Business & Money | Wednesday 6 April, 2016 7:49 am

Passport Department discusses plans to streamline operations

Director General of Passport Maj. Gen. Abdul Aziz Al-Yahya met with the different department directors on Monday to discuss future plans to streamline operations. He noted that the number of pilgrims had been increasing so that there’s a need to make necessary adjustments in the issuance...

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Cars & Autos | Wednesday 6 April, 2016 7:33 am

California T – Experience Arabia’s Purest Expression of Automotive Luxury

 Following on from its globally-acclaimed ‘Deserto Rosso’, an exhilarating short film showcasing The California T in perfect harmony with the Arabian Desert, Ferrari Middle East and Africa has released a behind-the-scenes cut taking its viewers into the private event where the...

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Business & Money | Wednesday 6 April, 2016 6:50 am

Saudi businessmen investing $4bn in projects in Egypt

Saudi businessmen are investing $4 billion in projects including the Suez Canal, energy and agriculture, and have already deposited 10 percent of that sum in Egyptian banks, the deputy head of the Saudi-Egyptian Business Council said. “Ten percent of the capital has been deposited in...

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Business & Money | Tuesday 5 April, 2016 2:32 pm

Kingdom’s Real Estate Sector in the Spotlight at Euromoney Saudi Arabia 2016

The long-term opportunities of the Saudi Arabian real estate sector – as well as the steps investors are taking to protect themselves in the current period of turbulence – will be reviewed at the forthcoming Euromoney Saudi Arabia Conference, set to take place in Riyadh this...

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Tourism & Hospitality | Tuesday 5 April, 2016 11:11 am

Turkish Airlines inaugurates its direct flights to Dubrovnik (Croatia)

With already existing services to Zagreb, Turkish Airlines now adds Dubrovnik, one of the largest cities in Croatia to its expanding network.   Beginning from 10th May, Dubrovnik flights will be operated 3 times weekly.   Introductory trip fares are available from Istanbul to...

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Business & Money | Tuesday 5 April, 2016 6:09 am

Fine unveils new technology at Jeddah Factory

Fine Hygienic Holding, prominent and loved tissue brand in Saudi Arabia unveiled its latest technology in the tissue paper industry in its factory in Jeddah yesterday. This occasion came as part of exhibiting the fully automatized machinery that are extremely delicate towards the hygiene of every...

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