Business & Money | Tuesday 3 February, 2015 2:51 pm

NAS HOLDING APPOINTS BANDER AL-MOHANNA AS CEO OF THE GROUP

The National Air Services Group (NAS Holding) announced the appointment of Mr. Bandar Al-Muhanna as Chief Executive Officer of the Group, replacing HE Mr. Sulaiman Al-Hamdan, former CEO of the Group.Mr. Ayed Al Jeaid, Chairman of the Board at NAS Holding, commented on the new appointment, "We...

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Business & Money | Tuesday 3 February, 2015 7:55 am

King’s resolutions will give stability to housing sector

Welcoming the resolutions by Custodian of the Two Holy Mosques King Salman, the chairman of the Housing Committee in Jeddah Chamber of Commerce, Khalid Bashoair, said on Monday the housing and real estate sector will witness stability within the next five years.He was speaking at a meeting, which...

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Business & Money | Tuesday 3 February, 2015 1:07 am

KING ABDULLAH ECONOMIC CITY FIRST OFFERING IN 2015 EXPECTED TO FUEL MOMENTUM OF 2014 SUCCESS

After capping a historically successful year in 2014, King Abdullah Economic City is set to start the new year with a bang by showcasing its prestigious “Golf Community” land plots and villas. The luxury high-end residential offering is considered to be one of the most premium communities of...

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Business & Money | Tuesday 3 February, 2015 12:03 am

Gaining Staff Loyalty and Attracting Best Talents A Viable Family Business Strategy

Corporate governance can become an integral part of a corporate culture only if it stems from the senior management, namely, from the Board of Directors and Chief Executive Officers. Integrity, transparency and accountability are the mainstay of a good governance structure and every employee must...

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Business & Money | Monday 2 February, 2015 12:03 am

Jaguar Land Rover powerS UP new Ingenium engine family

Ingenium, the new family of premium diesel and petrol engines designed, engineered and manufactured by Jaguar Land Rover, delivers class-leading levels of torque, horsepower and refinement while reducing emissions and fuel consumption.The company today revealed more of the technical details of...

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Business & Money | Sunday 1 February, 2015 3:12 pm

Reed Exhibitions appoints Nick Pilbeam as new Travel Divisional Director

Reed Exhibitions has appointed Nick Pilbeam to the position of Divisional Director – Travel.Newly appointed Pilbeam, who brings with him an enormous amount of growth strategy knowledge and industry insight, will head up the travel division of the world’s leading events organiser Reed...

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Business & Money | Sunday 1 February, 2015 2:31 pm

Manitou: unique, innovative material-handling solutions for aeronautical maintenance

Manitou will be on hand at the Aircraft Interiors and MRO Middle East tradeshow held in Dubai on February 2nd and 3rd, 2015 (at booth 618 in the Ubifrance Pavilion). The world leader in rough terrain material handling will use this tradeshow as an opportunity to showcase the extent of its range of ...

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Business & Money | Sunday 1 February, 2015 9:25 am

Public Security, SASO in quality control tie-up

The General Directorate of Public Security and Saudi Standards and the Metrology and Quality Organization (SASO) have signed a agreement to activate strong cooperation between the two in the application of quality control and to boost services and upgrade their level of performance, local media...

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Business & Money | Sunday 1 February, 2015 8:28 am

Saudis waiting for lower housing unit prices

The prices of housing units are expected to decrease due to the low prices of building materials which dropped by a staggering 25 percent. Steel prices also fell globally to reach 20 percent at the end of 2014 and are expected to decline further in the coming months, according to experts. The...

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Business & Money | Saturday 31 January, 2015 12:25 pm

Al-Issa: KSA firm in dealing with human trafficking

Minister of Justice Mohammed Al-Issa said Thursday that human trafficking is a major criminal act according to Islamic law and is punishable by up to 15 years in prison and fines of up to SR10 million.The minister made this remark during a meeting at his office in Riyadh with a delegation from the...

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