Business & Money | Saturday 3 December, 2016 12:44 am

IMI and ISHIDA TAISEISHA celebrate their one-year Digital Signage Collaboration in GCC

Otohiko Abe, President of ISHIDA TAISEISHA, has announced the company’s plans to expand its work in the Middle East and GCC throughout the following year through its partnership with International Media Ideas developing digital signage technologies in the region. IMI and ISHIDA TAISEISHA...

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Business & Money | Friday 2 December, 2016 12:14 pm

Saudi stock market hits highest close for 2016

Petrochemicals companies led Gulf stock markets higher on Thursday in response to OPEC’s first agreement on output cuts to prop up oil prices since 2008 — a deal that could allow governments to ease austerity policies slightly. Expectations for the deal had already boosted oil and...

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Business & Money | Friday 2 December, 2016 3:11 am

Careem set to launch more than 15 new cities within the month

Fueled by its market expansion strategy to broaden the reach of its services within the Middle East, North Africa and South Asia, Careem, the region’s leading app based car booking service, recently launched operations in Istanbul Turkey.   Within the GCC itself, Careem is...

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Business & Money | Thursday 1 December, 2016 11:11 am

Emirates NBD celebrates 45th National Day across the UAE

The largest bank in the UAE, Emirates NBD marked the occasion of UAE National Day across its branches and offices in the country.   The celebrations focused on unity, the spirit that brings together all the diverse communities of the UAE, and marked the strength of the national security, ...

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Business & Money | Thursday 1 December, 2016 11:00 am

Emirates NBD named ‘Banking and Finance Company of the Year’

Emirates NBD, a leading bank in the region, was named ‘Banking and Finance Company of the Year’ at the prestigious Arabian Business Achievement Awards held yesterday (Monday, November 28, 2016). The bank was recognised for its pioneering efforts toward the digitisation of banking as...

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Business & Money | Thursday 1 December, 2016 10:51 am

Japan committed to help Kingdom in realizing its vision

Japanese Ambassador Norihiro Okuda said his country is committed to implement the Joint Saudi-Japanese Group for Vision 2030, signed by Deputy Crown Prince Mohammed bin Salman in Tokyo in September.  Okuda made the statement during his recent meeting with Secretary-General of the Council of...

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Business & Money | Thursday 1 December, 2016 10:42 am

Prince Sultan bin Salman wins Gulf Man of Year

Prince Sultan bin Salman bin Abdul Aziz, Chairman of the Board of Trustees of King Salman Center for Disability Research, has won the award of Gulf Man of Year supporting humanitarian work in the disability field for the 2016. Prince Sultan bin Salman won the award in recognition of his...

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Business & Money | Thursday 1 December, 2016 10:32 am

Bosphorus Summit identifies Vision 2030’s strong points

The 7th Bosphorus Summit in Istanbul held a special session on the Kingdom of Saudi Arabia’s Vision 2030 and Turkey’s Vision 2023 in the presence of Saudi Minister of Commerce and Investment Majid Al-Qassabi.  Al-Qassabi headed the Saudi delegation to the summit. During the...

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Business & Money | Thursday 1 December, 2016 9:46 am

King allocates SR100b from reserves to PIF

Custodian of the Two Holy Mosques King Salman on Wednesday approved the allocation of SR100 billion ($26.67 billion) from the Kingdom’s reserves to the Public Investment Fund (PIF), according to a statement carried by Saudi Press Agency. The funds will be used to support both foreign and...

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Business & Money | Thursday 1 December, 2016 9:08 am

The Coca-Cola Company and National Beverage Company Expand Investment

The Coca-Cola Company and National Beverage Company (NBC) officially inaugurated a new Coca-Cola bottling facility located in Gaza, which represents a US$20 million investment in the region. The new bottling facility further expands National Beverage Company’s Palestinian operations to...

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