Business & Money | Wednesday 11 February, 2015 1:05 am

SFC holds investment opportunities seminar for 2015

SFC held a number of seminars covering investment opportunities for 2015 available through Permal International funds, with the participation of number of its clients. The seminars were held last week in Riyadh and Jeddah, participants received explanation by Permal funds’ managers and discussed...

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Business & Money | Wednesday 11 February, 2015 1:04 am

Sharp increase in egg prices

Egg prices in the Kingdom are soaring in recent times, with poultry producers claiming this is part of the normal supply and demand cycle in the country.Local media monitored variations in retail and wholesale prices for eggs, with retail prices reaching SR18, and wholesale standing at SR16, over...

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Business & Money | Wednesday 11 February, 2015 12:33 am

We aim to expand our success by reaching 2 million young adults below the age of 25

SEDCO Holding Group, founders of Riyali Program for Financial Literacy, participated in the third HOPE Global Forum Annual Meeting this year, hosted by Operation HOPE, the leading non-profit global financial organization. Under the theme of “Reimagining the Global Economy: Expanding Free...

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Business & Money | Tuesday 10 February, 2015 2:18 pm

The 5th Rawabi Talent Exhibit for the First Time in Tabuk

In partnership with the Human Resources Development Fund, Rawabi Holding Group launched the 2nd round of the 5th Rawabi Talent Exhibit hosted at the Prince Sultan Cultural Centre, in the presence of the Vice Chairman Ali bin Abdulaziz Turki and a number of government officials and private sector...

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Business & Money | Tuesday 10 February, 2015 7:29 am

No black market inGrand Mosque relics

The Presidency of the Two Holy Mosques Affairs has rejected reports that rare antiquities found during the expansion of the Grand Mosque has been selling for thousands of riyals on the black market.This comes in the wake of revelations in the local media that items have been sold to collectors for...

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Business & Money | Monday 9 February, 2015 8:10 am

ARCADIS Announces Middle East Leadership Following Hyder Acquisition

ARCADIS, the leading global natural and built asset design and consultancy firm, announced its new Middle East regional leadership following the acquisition of Hyder Consulting in October 2014. Wael Allan will take the role of ARCADIS CEO for the Middle East region. Wael was previously Hyder...

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Business & Money | Monday 9 February, 2015 7:41 am

Labor move gives firms Saudization relief

The Labor Ministry has softened its Saudization drive in favor of businesses by canceling a previous decision that demanded 13 weeks for confirmation of a Saudi’s appointment as a full employee under Nitaqat.Under the new decision, a Saudi would be calculated in the Nitaqat system soon after his...

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Business & Money | Sunday 8 February, 2015 1:26 pm

Williams-Sonoma launches the Vitamix Total Nutrition Center

Williams-Sonoma, the specialist for gourmet cookware and home entertaining, has launched the Vitamix Total Nutrition Center, a model exclusive to Williams-Sonoma, Kuwait. The Vitamix Total Nutrition Center is one of the best-performing and most versatile tools for home and commercial use. Millions...

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Business & Money | Friday 6 February, 2015 6:48 am

Banks can’t cut loan installment from employee bonus — SAMA

The Saudi Arabian Monetary Agency (SAMA) has ordered all Saudi banks not to touch the two-month salary bonus granted by Custodian of the Two Holy Mosques King Salman to all Saudi government and military employees, retirees and students.According to Talat Hafiz, secretary-general of Media and...

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Business & Money | Friday 6 February, 2015 5:57 am

SCTA's recruitment roadshow kicks off

The Saudi Commission for Tourism and Antiquities (SCTA) has launched one of its biggest recruitment roadshows for citizens in the hospitality sector with more than 2,000 jobs on offer.SCTA, in collaboration with the Human Resource Development Fund and the National System for Joint Training, has...

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