Business & Money | Saturday 27 June, 2015 4:20 pm

Kingdom Holding, CDCIC launch $400 million fund

Kingdom Holding Company (KHC), chaired by Prince Alwaleed bin Talal, announced the signing of a memorandum of understanding with Caisse des Dépôts International Capital (CDCIC) on Friday. The memorandum of understanding intends to commence discussions on the establishment of an...

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Business & Money | Saturday 27 June, 2015 6:45 am

4,310 Saudis to be trained in steel works

In partnership with Al-Rajhi Steel Industries Limited, the Technical and Vocational Training Corporation (TVTC) will train 4,310 Saudis to meet the needs of the private sector. Under the pact inked Wednesday at the TVTC’s headquarters in Riyadh, the organization will provide training for...

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Business & Money | Saturday 27 June, 2015 5:46 am

Runaway Lankan maids worry Labor Ministry

Labor Minister Mufrej Al-Haqabani has asked the Sri Lankan government to stop maids running away from their Saudi sponsors soon after their arrival in the Kingdom. Al-Haqbani told Sri Lankan Ambassador Mohamed Hussein Mohamed that several maids have run away after spending barely three months in ...

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Business & Money | Saturday 27 June, 2015 3:15 am

Half the world’s top 250 retailers opened debut stores in new markets

Bassam Saleh, Marketing Manager of Bawadi Mall, the largest in Al Ain city, said the UAE plays a vital role in international expansion of retail business. Quoting Deloitte’s Global Powers of Retailing Report, Saleh revealed that many of the world’s top 250 retailers opened debut stores...

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Business & Money | Friday 26 June, 2015 3:23 pm

UFI honours personalised marketing award entry from UBM EMEA

UBM EMEA has won this year’s UFI Marketing Award with its entry addressing the topic “personalised marketing”. The three finalists also included GES EMEA (UK) and Palais des Congrès de Montréal (Canada). Each presented a detailed PowerPoint presentation providing an...

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Business & Money | Friday 26 June, 2015 3:21 pm

YuMe Launches Its Full-Stack Programmatic Video Marketplace

YuMe, Inc. (NYSE:YUME), the global audience technology company powered by data-driven insights and multi-platform expertise, announces the launch of its programmatic video marketplace for agencies, brand advertisers and publishers. The offering includes both demand and supply side platforms,...

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Business & Money | Friday 26 June, 2015 5:33 am

SGS shares achieve maximum gain on debut

The Saudi stock market ended Thursday’s trading session solidly in the green. The Tadawul All-Share Index (TASI) closed up 54.3 points or 0.58 percent to 9,367.29. It performed within a trading range of 76 points, extending YTD gains to 12.41 percent. Thirteen out of Tadawul's 15...

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Business & Money | Thursday 25 June, 2015 2:30 pm

Nahdi Medical Moves its Office Headquarters to a New Building “Oasis Nahdi”

Nahdi Medical Company, the largest retail pharmacy chain in the Middle East and North Africa, in its continued commitment to provide a better work environment for its employees, has moved its office headquarters to a new building, called “Oasis Nahdi.” Located on Malik Road in the...

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Business & Money | Thursday 25 June, 2015 1:53 pm

Anan Iskan awarded contract to build and manage quality accommodation for Pepsi Bugshan workers

Pepsi Bugshan Factory has signed an agreement with Anan Iskan, the leading Saudi developer of manpower accommodation, to provide quality housing for the beverage company’s workforce.    . The agreement was signed by the CHRO Eng. Khaled Sayoti from Pepsi Bugshan...

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Business & Money | Thursday 25 June, 2015 1:02 pm

BURJ MOHAMMED BIN RASHID AWARDED BEST TALL BUILDING AWARD IN THE MIDDLE EAST & AFRICA REGION

Aldar Properties PJSC, Abu Dhabi's leading listed property company, is pleased to announce that the Burj Mohammed Bin Rashid at World Trade Center Abu Dhabi has been awarded the Council on Tall Buildings and Urban Habitat (CTBUH) 2015 Best Tall Building Award for the Middle East & Africa Region. ...

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