Business & Money | Saturday 23 January, 2016 1:21 pm

Projects in Jeddah worth billions ‘progressing well’

Makkah Gov. Prince Khaled Al-Faisal has said here that he was pleased with the progress made on development projects in Jeddah worth billions. There were 857 projects worth SR74 billion earmarked for the region over the past number of years, with some having already been completed.  Prince ...

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Business & Money | Saturday 23 January, 2016 1:09 pm

Qotuf AlRiyadah a 5 Day Intensive Boot Camp

The 30 finalists from the Jeddah Entrepreneurs Meet and Competition congregated in Jeddah this week to attend an intensive five-day boot camp hosted at Qotuf AlRiyadah.  Arriving from Buraidah, Onaizah, Makkah, Tabuk, Hail, AlAhsa, Riyadh and Jeddah 30 budding entrepreneurs representing the...

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Business & Money | Saturday 23 January, 2016 1:00 pm

Engines at full throttle as inaugural Automechanika Jeddah 2016 gets set for grand opening

The keys are in the ignitions and engines at full throttle, as the final countdown begins to the inaugural edition of Automechanika Jeddah, Saudi Arabia’s only dedicated automotive aftermarket trade show.   More than 170 exhibitors from 27 countries are set to line-up this week at...

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Business & Money | Friday 22 January, 2016 2:46 pm

Rimini Street Announces Record Preliminary Fourth Quarter and Full Year 2015 Financial Results

Rimini Street, Inc., the leading independent provider of enterprise software support services for SAP SE’s (NYSE:SAP) Business Suite and BusinessObjects software and Oracle Corporation’s (NYSE:ORCL) Siebel, PeopleSoft, JD Edwards, E-Business...

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Business & Money | Friday 22 January, 2016 2:43 pm

Prince Khaled briefed on SR74 billion projects in Jeddah

Prince Khaled Al-Faisal, emir of Makkah and adviser of Custodian of the Two Holy Mosques, was briefed on 857 development projects worth a total of SR74 billion allotted to the Jeddah governorate. These projects included those that have been implemented, under various phases of implementation or...

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Business & Money | Friday 22 January, 2016 5:02 am

Red Sea Foundation Launched to Drive Growth in Regional Trade

The development of a trade facilitation framework for the Red Sea region is essential for the sustainable development of the largest emerging market in the world, according to Mr Fahd Al Rasheed, Managing Director and Group CEO of King Abdullah Economic City. Speaking at a special event at the...

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Business & Money | Friday 22 January, 2016 3:15 am

Saeed Mohammed Al Amoudi Holding Co. named as the Official Sponsor for the Young Traders Project

Saeed Mohammed Al Amoudi Holding Co., the sole agent of Toyo tires in the Kingdom, has actively participated in the Young Traders Project as the official sponsor. The event has been held in Red Sea Mall in Jeddah and lasted for 4 days. Young Traders Project targets the students aged between 10 to...

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Business & Money | Thursday 21 January, 2016 11:42 am

Record-setting 2015 for cross-border M&A globally and in the Middle East

2015 has established itself as a record-breaking year for cross-border M&A post-financial crisis, according to a Cross-Border M&A Index* by global law firm Baker & McKenzie. With corporate deal-making activity at record highs, those companies are also executing record levels of...

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Business & Money | Thursday 21 January, 2016 11:02 am

King Abdullah Port Concluded 2015 with Impressive Achievements and International Partnerships

Engineer Abdullah bin Muhammad Hameedaddin, Managing Director of the Ports Development Company, owners, developers and managers, of King Abdullah Port, has announced the port's success in handling 1,307,017 TEUs. King Abdullah Port, the first privately developed and managed port in the...

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Business & Money | Thursday 21 January, 2016 10:59 am

STAR-STRUCK AMATEURS GET THEIR 
DAY IN THE SUN

Competition winners have enjoyed a unique once-in-a-lifetime opportunity to play with the world’s top golfers at this week’s Abu Dhabi HSBC Golf Championship. The amateurs, all based in the UAE but hailing from different corners of the globe, teed off with their heroes in the Pro-Am...

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