Business & Money | Tuesday 21 April, 2015 5:50 pm

Bloom Holding Announces ‘Park View’ Mixed-use Development at Cityscape Abu Dhabi 2015

Abu Dhabi-based real estate developer Bloom Holding, a National Holding company, has launched ‘Park View’, a mixed-use development that is set to take shape on the Saadiyat Island in Abu Dhabi. The announcement was made as part of Bloom Holding’s participation at the ninth edition of...

More Details

Business & Money | Tuesday 21 April, 2015 5:37 pm

HIS HIGHNESS SHEIKH HAZZA BIN ZAYED AL NAHYAN OPENS CITYSCAPE ABU DHABI

Ninth edition of UAE capital’s leading real estate event returns with new features and highlights across 18,000sqm of exhibition space The ninth edition of Cityscape Abu Dhabi has been officially inaugurated by His Highness Sheikh Hazza bin Zayed Al Nahyan, National Security Advisor and Vice...

More Details

Business & Money | Tuesday 21 April, 2015 8:14 am

Saudis head back to small towns

Many Saudis are now leaving the big cities and heading back to their small towns and villages because of lower rents, available jobs and adequate health and education services.In addition, they say that these rural areas offer a better standard of living than crowded and congested cities. They are...

More Details

Business & Money | Tuesday 21 April, 2015 8:06 am

Princess Hussa honors top Saudi women achievers

Sayidaty magazine has recognized the outstanding contribution of 37 Saudi women in different walks of life such as education, health, media, arts and economics.Princess Hussa bint Salman, who attended the Creativity Awards 2015, praised the winners for their work in advancing the country and the...

More Details

Business & Money | Tuesday 21 April, 2015 7:46 am

Baker & McKenzie Affiliate advises on SACO IPO

Legal Advisors, Abdulaziz I. Al-Ajlan & Partners in Association with Baker & McKenzie has advised Saudi Company for Hardware (SACO) on its Initial Public Offering (IPO). Approved by the Saudi Capital Market Authority on 31 March 2015, the sale of 7.2 million shares representing 30% of SACO's share ...

More Details

Business & Money | Monday 20 April, 2015 3:44 pm

Kingdom’s Small and Medium Business Sector offers “Significant” Growth Potential

Increased government focus on the small and medium enterprise (SME) sector in Saudi Arabia is likely to create significant opportunities for private capital, according to the organisers of the tenth Euromoney Saudi Arabia Conference. The event, which is co-hosted with the Ministry of Finance, is...

More Details

Business & Money | Monday 20 April, 2015 3:07 pm

SEDCO Capital’s Yazan Abdeen named “One of the most Respected Fund Managers” in MENA

SEDCO Capital, a leading Saudi asset manager, has announced that Yazan M Abdeen, Head of Regional Liquid Assets and Lead MENA Fund Manager at SEDCO Capital has been recognized in MENA FM Power 50 2015 list as one of the best-performing and respected fund managers in the Middle East and North...

More Details

Business & Money | Monday 20 April, 2015 2:39 pm

Union Properties is expanding in the Saudi real estate market in alliance with Naif Alrajhi Investment Co.

Union Properties Real Estate Company signed a memorandum of understanding with Naif Al-Rajhi Investment Company Saudi Arabia, to establish a limited liability company specialized in real estate investment and development in Saudi Arabia. The MOU was signed by Mr. Ahmed Khalaf Al Marri, General...

More Details

Business & Money | Monday 20 April, 2015 10:00 am

Hyundai appoints new Vice President and Head of Africa and Middle East

AFRICA & MIDDLE EAST REGIONAL HEADQUARTERS Hyundai Motor Company has announced that Jin (James) Kim will succeed Tom Lee as Vice President and Head of operations in Africa and the Middle East. The change is effective as of the 12th April 2015 with Lee assuming a new leading role in the company’s ...

More Details

Business & Money | Monday 20 April, 2015 8:25 am

‘Startup Weekend’ program a big hit; 14 Saudis honored

An action-packed weekend entrepreneurship program offered a platform for young Saudis to learn and exchange ideas and brought glory to 14 participants.The three-day program, Startup Weekend, organized by the King Abdul Aziz City for Science and Technology (KACST) at the Four Seasons Hotel,...

More Details