Business & Money | Sunday 29 December, 2019 3:46 am

LuLu holds ‘Saudi Dates Week‘ in all its stores

LuLu, the region’s top retailer, unveiled its Saudi Dates Week across its stores in the Kingdom, which highlights a wide range of locally grown dates and food products made from the well-known tropical fruit. The promotional week was inaugurated by Dr. Muhammed Al Nowiran, CEO of National...

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Business & Money | Sunday 29 December, 2019 3:00 am

"Nashar" renews the presence of Saudi women in the list of Forbes 100 Most Powerful Women for the second year in a row

In a new achievement for Saudi women, Forbes, the American magazine, once again selected "Rania Mahmoud Nashar" CEO of Samba Financial Group, the first Saudi woman to lead a banking group in Saudi Arabia, to maintain her position in the list of Forbes 100 Most Powerful Women for the year...

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Business & Money | Sunday 29 December, 2019 2:46 am

General Authority for Military Industries signs first industrial participation agreement with Raytheon Saudi Arabia

The General Authority for Military Industries (GAMI) announces the signing of its first Industrial Participation Agreement (IPA) with Raytheon Saudi Arabia to localize a Patriot Deep Maintenance and Refurbishment (DMR) System contract for the Royal Saudi Air Defense Forces.     The...

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Business & Money | Sunday 29 December, 2019 1:49 am

Azizi Developments sponsors HH Sheikh Mohammed bin Rashid Al Maktoum Endurance Festival

As part of its long-standing pillar partnership with Meydan, Azizi Developments, one of the leading private developers in the UAE, sponsored the HH Sheikh Mohammed bin Rashid Al Maktoum Festival Ride for Ladies for a third year running.  A prestigious stop on the world endurance riding ...

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Business & Money | Sunday 29 December, 2019 1:12 am

Fawaz Alhokair moves to AWS to accelerate digital transformation

Fawaz Abdulaziz Alhokair & Co., one of the largest franchise retailers in the Kingdom of Saudi Arabia, MENA, Central Asia and Caucasus regions, announced that it is moving the vast majority of its technology infrastructure to Amazon Web Services (AWS) to empower the company with the most...

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Business & Money | Saturday 28 December, 2019 10:52 am

GASTAT: Youth make up 67.02% of Saudi population

Youth make up 67.02 percent of the total Saudi population, that is those in the age category (0–34) years, the General Authority for Statistics (GASTAT) said in the report it issued on Friday. The report showed the results of the “Saudi Youth Development Survey for 2019”, which ...

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Business & Money | Friday 27 December, 2019 2:13 am

DAMAC brings back its popular DSF offers on five of its in-demand luxury projects

With Dubai witnessing an increase in real estate transactions, DAMAC Properties, the region's leading luxury real estate developer, has introduced exclusive Dubai Shopping Festival offers on five of its most coveted luxury residential projects in Dubai. These include residential apartments in...

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Business & Money | Thursday 26 December, 2019 11:00 am

Azizi Developments awards AED 50m contract to Prestige Constructions for Berton

Azizi Developments, a leading private developer in the UAE, has awarded a contract worth AED 50m to UAE-based Prestige Constructions for the construction of Berton in Al Furjan, an up-and-coming area that is high in demand.  Mohamed Ragheb, Executive Director – Engineering...

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Business & Money | Thursday 26 December, 2019 8:51 am

SAP and Takween bolster Saudi manufacturing sector to $450bn by 2030

Takween Advanced Industries Company, a leading global supplier of plastic conversion technologies, has digitally transformed on SAP’s cloud data center to boost the Kingdom’s manufacturing sector to $450 billion by 2030 and support the workforce of the future. In line with Saudi...

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Business & Money | Thursday 26 December, 2019 3:06 am

RAKEZ pioneers eco-friendly developments in Ras Al Khaimah

Ras Al Khaimah Economic Zone (RAKEZ) has become the first entity to support Ras Al Khaimah’s Energy Efficiency and Renewables Strategy 2040. With its upcoming developments, the economic zone has committed to complying with Barjeel, the green building regulations of the emirate, which will...

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