Business & Money | Thursday 7 May, 2015 1:50 am

SEDCO agrees on an acquisition plan for 50% stake in a growing Turkish private school firm

SEDCO Holding Group, a leading Shariah-compliant private wealth management organization, has acquired a 50% stake in Mektebim Okullari, a leading, fast growing company operating in the private education sector in Turkey.Anees Moumina, CEO of SEDCO Holding Group, and Ümit Kalko, Mektebim’s...

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Business & Money | Wednesday 6 May, 2015 4:50 pm

Saudi Debt Markets Could Open to Foreign Investors

Delegates at the 10th Euromoney Saudi Arabia Conference remain confident in the strength and dynamism of the Kingdom’s financial sector, and in particular the opportunities being generated by the current wave of economic reforms. While the planned opening of the stock exchange to foreign...

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Business & Money | Wednesday 6 May, 2015 10:17 am

Al-Assaf optimistic about economic diversification

Finance Minister Ibrahim Al-Assaf expressed full optimism in the ongoing economic diversification for the desired robust growth in nonoil sector and on the opening of the Saudi stock exchange (Tadawul) to foreign investors for the first time.Addressing the inaugural session of the tenth Euromoney...

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Business & Money | Wednesday 6 May, 2015 9:28 am

Northrop Grumman Partners with King Saud University, Ministry of Interior to Feature Critical Defense

Under the patronage of H.R.H Prince Mohammed bin Naif bin Abdulaziz Al Saud, Deputy Crown Prince, Second Deputy Premier and Minister of Interior, King Saud University and Saudi Ministry of Interior are organizing the National Symposium for Command & Control and Cyber Security (NSC3) 2015 that was...

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Business & Money | Tuesday 5 May, 2015 12:18 pm

Intercoil International expands with two new retail showrooms in Saudi Arabia

Intercoil International, the region’s leading manufacturer, retailer and distributor of premium beds, bedding and bedroom furniture, has announced the opening of two new retail showrooms in Saudi Arabia. Located in Al Ehsaa and Jubail, the showrooms are among the first internationally to be...

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Business & Money | Tuesday 5 May, 2015 12:08 pm

Lateefa AlWaalan named Saudi Arabia’s EY Entrepreneur Of The Year 2015

Lateefa AlWaalan, Founder and CEO of Yatooq, has been named Saudi Arabia’s EY Entrepreneur Of The Year (EOY) 2015 by an independent panel of judges at the EOY event, which was held under the patronage of HE Dr. Tawfiq Al Rabiah, Minister of Commerce and Industry, the Strategic Partner of the...

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Business & Money | Tuesday 5 May, 2015 12:03 pm

SEDCO agrees on an acquisition plan for 50% stake in a growing Turkish private school firm

SEDCO Holding Group, a leading Shariah-compliant private wealth management organization, has acquired a 50% stake in Mektebim Okullari, a leading, fast growing company operating in the private education sector in Turkey.Anees Moumina, CEO of SEDCO Holding Group, and Ümit Kalko, Mektebim’s...

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Business & Money | Tuesday 5 May, 2015 11:54 am

Jeddah to host the strongest local & international presence at SBIE

Jeddah’s Centre for Forums & Events is preparing to host Saudi Building & Interiors Exhibition (SBIE) , which will run from 11 to 14 May.The twenty-fourth event will be held under the patronage of HRH Prince Mishaal Bin Majed, Governor of Jeddah and offer a comprehensive range of construction,...

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Business & Money | Tuesday 5 May, 2015 1:15 am

Euromoney Saudi Arabia Conference Starts Today 5 May

H.E. Dr. Ibrahim Al-Assaf, Minister of Finance, Kingdom of Saudi Arabia, will be the first in a series of distinguished speakers at the Euromoney Saudi Arabia Conference this week, which takes place from 5-6 May at the Al Faisaliah Hotel. In his keynote remarks, His Excellency will outline the...

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Business & Money | Monday 4 May, 2015 2:42 pm

SABIC releases 2014 Sustainability Report

SABIC has released its 2014 Sustainability Report, entitled Foundation for the Future, reflecting the progress made by the company in integrating sustainable practices into its global business operations.The report outlines the latest information on the company’s progress on various dimensions of ...

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