Business & Money | Tuesday 25 August, 2015 3:02 am

Omniyat to Develop AED1 Billion Langham Place Downtown Dubai

In its continued efforts to strengthen Dubai’s status as a global tourist destination, Omniyat, the city’s leading privately-held real estate development group that creates livable art, has announced its strategic alliance with Langham Hospitality Group, a leading hotel operator with an ...

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Business & Money | Tuesday 25 August, 2015 2:32 am

Alwaleed, Japanese envoy discuss investment issues

Prince Alwaleed Bin Talal, chairman of Kingdom Holding Company (KHC), received Norihiro Okuda, Japanese ambassador to Saudi Arabia, at his office in Riyadh.  The envoy was accompanied by Katsuhiko Takahashi, minister and deputy chief of mission, and Shusuke Saito, first secretary, economic...

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Business & Money | Monday 24 August, 2015 4:48 pm

Saudi Total launches SR. 25 million plan to expand its plant in Saudi Arabia

Saudi Total Arabia announced a plan to expand its factory located in the industrial Valley in King Abdullah Economic City; to keep pace with rising demand for its products of Total oils and lubricants, as well as to strengthen its presence in the Saudi market.   Mr. Hisham Atallah,...

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Business & Money | Monday 24 August, 2015 2:25 pm

Deloitte: Middle East CFOs – Local concerns, global impact

The continuation of low energy prices is impacting both optimism and risk appetite in the Middle East, according to Deloitte’s latest report “Global CFO Signals: CFO Sentiment Q2 2015 – Staying focused; remaining vigilant”. With oil at US$53 a barrel at the time of the...

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Business & Money | Monday 24 August, 2015 2:00 pm

"Binaa Wa Amal" to host Executive Women Roundtable

Pearl Initiative, the leading independent private sector-led, not-for-profit organisation working across the Gulf Region to influence and improve corporate accountability and transparency, has partnered with Binaa Wa Amal, a division of Construction Products Holding Company (CPC), a leading Saudi...

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Business & Money | Monday 24 August, 2015 11:32 am

SABIC LAUNCHES ‘BACK TO SCHOOL’ PROGRAM

SABIC has launched the ‘Back to School’ program in various regions of the Kingdom, coinciding with the new school year. The program is being conducted in partnership with the Ministry of Social Affairs and in collaboration with the SABIC Employees Charity Fund...

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Business & Money | Monday 24 August, 2015 7:27 am

Al Meera continues to expand its presence across the country

Adhering to its motto “Your Favourite Neighbourhood Retailer", Al Meera Consumer Goods (QSC) continues its expansion plans in the state of Qatar to serve diverse communities, and cover the needs of citizens and residents wherever they are at competitive prices while considering all the...

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Business & Money | Monday 24 August, 2015 3:35 am

QATAR CAREER FAIR LAUNCHES SUMMER CAMP 2015

Qatar Career Fair (QCF), a member of Qatar Foundation for  Education, Science and Community Development (QF), launched its third annual Summer Career Camp on Sunday. The two-week course, which kicked off at Education City’s Recreational Centre, will see male and female Qatari high school ...

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Business & Money | Monday 24 August, 2015 1:49 am

1,300 faltering school contracts withdrawn

The new school year began on Sunday with nearly 6 million children returning to their classes all over the Kingdom after the summer break.   Education Minister Azzam Al-Dakhil joined the celebrations marking the beginning of 2015-16 academic year launching two new school buildings in...

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Business & Money | Monday 24 August, 2015 1:34 am

Oil blues see 7% Tadawul drop

The Saudi stock market plunged nearly 7 percent on Sunday in relentless selling sparked by falling oil prices and a decision by Fitch Ratings to cut its outlook for Saudi Arabia’s debt. The Tadawul All-Share Index lost 6.86 percent to close at 7,463.32 points, nearing support on its...

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