Business & Money | Monday 21 December, 2015 2:24 am

Budget 2016 to focus on new sources of revenues

The government is expected to announce a drive to raise revenue from new sources as it lays out a strategy for the new year to cope with an era of cheap oil, according to economists. ADVERTISING 4 The state budget for 2016 is expected to be released this week, sources have said. Fahad...

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Business & Money | Sunday 20 December, 2015 5:41 pm

Intercoil International unveils “The Bedroom by Intercoil”

Intercoil International, the region’s leading manufacturer, retailer and distributor of premium beds, bedding and bedroom furniture, is welcoming customers to The Bedroom by Intercoil, the new retail concept currently being introduced across its retail outlets in the Middle East. ...

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Business & Money | Sunday 20 December, 2015 5:36 pm

Lifestyle opens its 100th store in KSA and expands its presence across MENA to 198 stores

Dubai’s homegrown beauty & home décor retailer, Lifestyle unveiled three new stores in a short span of one month, to extend their reach and to cater to the growing customer needs in the region.   As part of its robust expansion strategy, Lifestyle recently launched new...

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Business & Money | Sunday 20 December, 2015 4:33 pm

ERICSSON and Mbc to discuss tv and media transformation during THE CHANGE MAKERS FORUM

MBC and Ericsson will discuss the shifts in consumer behavior and technology that are reshaping TV and media. Ali Jaber, Group TV Director of MBC & Dean of Mohammed bin Rashid School of Communications, American University in Dubai will deliver a keynote speech during Ericsson’s Change...

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Business & Money | Sunday 20 December, 2015 12:37 pm

Allied Telesis Unveils Industry Trends and Predictions for 2016

 Allied Telesis, a universally recognized innovator of smart technologies for an information-driven world, today announced the release of its annual industry trends analysis  and predictions report for 2016.  In summary, the three key trending topics the Company unveiled include...

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Business & Money | Sunday 20 December, 2015 12:17 pm

Ebtinaa voluntary organization launches a new campaign on social networks

Ebtinaa voluntary organization -which is founded by a team of students from Dar Al-Hekma University to support start ups projects- launched a new campaign on social networks to support Umm Abdullah. It is the first initiative undertaken by the Group to support this self-made women and raise...

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Business & Money | Sunday 20 December, 2015 11:49 am

GE Oil & Gas signs contracts with Petroleum Development Oman (PDO)

GE Oil & Gas (NYSE: GE) has won two contracts from Petroleum Development Oman (PDO) for the supply, testing, installation and commissioning of a fleet of electric motor driven centrifugal compressors to be deployed across PDO’s Saih Nihayda Depletion Compression Phase II, Kawther...

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Business & Money | Sunday 20 December, 2015 4:52 am

Schweitzer opens 3rd office in Saudi Arabia

SCHWEITZER Engineering Laboratories is expanding its presence in Saudi Arabia with the opening of an office in Jeddah. The new location will serve customers in the western region of the country. SEL also has offices in Al-Khobar and Riyadh. “As Saudi Arabia diversifies its economy beyond...

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Business & Money | Sunday 20 December, 2015 4:27 am

King Abdullah Economic City signs SR42 Million contract with Salim Al Harth to develop Beach Community 3

King Abdullah Economic City (KAEC) has contracted Salim Al Harth Establishment to develop the infrastructure for the Beach Community 3 development at the city. The contract is worth SR42 million.   Under the terms of the contract Al Harth will develop all the underlying infrastructure...

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Business & Money | Sunday 20 December, 2015 2:54 am

Unite on labor issues: KSA to GCC nations

Deputy Minister of Labor Ahmad Al-Humaidan has emphasized the need for consensus and a unified vision regarding labor issues between Saudi Arabia and other GCC countries.  The Saudi Ministry of Labor (MoL) has launched major efforts to adjust the labor market by building mechanisms to ensure...

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