Business & Money | Thursday 7 April, 2016 1:03 pm

KSA increases construction of housing units by 50%

In keeping with demand, there has been a 50 percent increase in the construction of housing units in the Kingdom, the Ministry of Commerce and Industry (MCI) announced here Wednesday. According to a report released by the MCI real estate off-plan sales program, the total value of projects under...

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Business & Money | Thursday 7 April, 2016 7:42 am

Emirates NBD named Best Local Private Bank in the Middle East 2016

Emirates NBD, a leading bank in the region, was named Best Local Private Bank in the Middle East at the 2016 Private Banker International (PBI) Middle East Awards. The bank was presented with the award at a gala dinner that was held in conjunction with the Private Banking Middle East Conference at...

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Business & Money | Thursday 7 April, 2016 7:17 am

Aljomaih Automotive Sponsors the annual Employees’ Ceremony at King Faisal Specialist Hospital

 Aljomaih Automotive, the largest dealer of General Motors in KSA and the Middle East, recently sponsored the Employees’ Ceremony at King Faisal Specialist Hospital & Research Centre (Gen. Org.) in Jeddah. This annual ceremony aims to promote the connection amongst hospital employees ...

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Business & Money | Thursday 7 April, 2016 6:35 am

Bupa Arabia honored by Ministry of Social Affairs for leadership role in orphan care

The Ministry of Social Affairs in the Makkah Region honored Bupa Arabia for Cooperative Insurance, pioneer in social affairs and orphan care, during the Arab Orphan Day organized by the ministry under the patronage of HRH Prince Khalid Al Faisal, advisor to Custodian of the Two Holy Mosques at the...

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Business & Money | Thursday 7 April, 2016 6:05 am

HEMPEL launches new brand identity

HEMPEL Paints Saudi Arabia unveiled its new brand identity on April 4 to coincide with the first year anniversary of opening its biggest regional showroom in Riyadh. One year on, HEMPEL’s strategically-located biggest showroom in the Middle East has successfully catered to the needs of its...

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Business & Money | Wednesday 6 April, 2016 4:43 pm

The Manufacturing Conference & Exhibition (MAF 2016) Opens on an Upbeat Note

Held under the Patronage of HRH Prince Dr. Turki Bin Saud Bin Mohammed Al Saud, The Manufacturing Conference & Exhibition for Oil & Gas (MAF 2016) commenced on an upbeat note at the Crowne Plaza, Dubai, United Arab Emirates. Hosted by Neft Management in collaboration with a committee of...

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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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Business & Money | Wednesday 6 April, 2016 3:13 pm

Second Edition of TOP CEO Awards 2016 Announces Winners

Under the patronage of the Dubai Economic Council, Top CEO Awards 2016 announced the winners of its second edition during an awards ceremony that was held on April 5 at the Westin Dubai Mina Seyahi.  As the definitive platform for the recognition of exceptional business leadership of CEOs...

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Business & Money | Wednesday 6 April, 2016 2:27 pm

QNB Financial Results For The Three Months Ended 31 March 2016

QNB Group, a leading bank in the Middle East and Africa, announced its results for the three months ended 31 March 2016. For the first three months of 2016, Net Profit was QAR2.9 billion, (USD 787 million) up by 7.1% compared to last year.  The Group’s prudent cost control policy...

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Business & Money | Wednesday 6 April, 2016 2:20 pm

Mobily Sponsors the 3rd Saudi International Exhibition for People with special needs (Diaa 3)

Etihad Etisalat (Mobily) sponsored the 3rd Saudi International Exhibition for people with special needs (Diaa 3), which will be concluded its today at Riyadh International Convention & Exhibition Center- RICEC under the supervision of the Disabled Children's...

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