04 Rabi' II 1446 - 7 October 2024
    
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Eye of Riyadh

Impact of Production Freezes on Oil Markets Questionable
Business & Money | Wednesday 13 April, 2016 4:52 pm
According to a report, year-to-date Brent oil prices are are down by 37 percent year-on-year, reflecting a continued glut in the oil market. The report, released by Jadwa Investment, states: “In March 2016 Brent oil rose by 19 percent month-on-month,  following talks of a potential...
Deloitte: Digital transformation key to organizations’ survival
Business & Money | Wednesday 13 April, 2016 4:31 pm
The digital age is moving at a fast pace that it is fundamentally transforming the way organizations operate, be it in the private or the public sector, according to Deloitte’s latest report entitled “The changing role of people management in the digital age.” This trend is...
Nexthink Raises $40 Million Gearing up for IPO
Business & Money | Wednesday 13 April, 2016 4:29 pm
Nexthink®, the unique provider of End-user IT Analytics, today announced it has raised $40 million in new investment, led by Highland Europe, a leading global venture capital firm. This is the largest round of funding to date for Nexthink and includes participation from the Bertarelli...
Qatar's IWED 2016 showcases latest trends in wedding services!
Beauty & Style | Wednesday 13 April, 2016 4:25 pm
It is spring time, a popular season for weddings and wedding preparations in the Middle East. For the past nine years, Qatar Expo has been organizing in Doha its signature wedding exhibition IWED. The ninth edition IWED 2016 will be held at Katara Hall from April 26 to 30.   More than 70...
Philip Stein’s Kudoke watch: Technology and timeless beauty redefined
Beauty & Style | Wednesday 13 April, 2016 4:14 pm
For true connoisseurs of time keeping, Philip Stein’s iconic Kudoke watch is the ultimate in elegance. Each distinguished piece represents an elite meeting of the craftsmanship of master horologer, Stefan Kudoke, with Philip Stein’s revolutionary Natural Frequency Technology...
Ford Begins Taking Owner Applications for All-New Ford GT Supercar at FordGT.com
Cars & Autos | Wednesday 13 April, 2016 3:42 pm
Customers wanting to own one of the all-new Ford GT ultra-high-performance supercars can officially submit their applications today at FordGT.com.   Limited production of the all-new Ford GT inspired Ford Performance to create a unique, customer-focused experience to help select...
casio launching a series of innovative models at Baselworld 2016
Business & Money | Wednesday 13 April, 2016 2:18 pm
A 20th anniversary model to commemorate the origi- nal launch of the flagship MR-G series in the G-SHOCK line, the new MRG-G1000HT explores the theme of tsuiki1, a traditional Japanese metalworking technique. Casio designed the watch in collaboration with a third- generation master artisan in the...
Steelcase Reports Fourth Quarter and Fiscal 2016 Results
Business & Money | Wednesday 13 April, 2016 1:51 pm
Steelcase Inc. (NYSE: SCS) reported fourth quarter revenue of $747.9 million and net income of $77.5 million, or diluted earnings per share of $0.62. Excluding restructuring costs, adjusted earnings were $0.64 per share.  During the fourth quarter, the company reversed its valuation allowance...
KAEC Industrial Valley Witnesses First Factory for Assembling Firefighting Apparatus in Arab World
Business & Money | Wednesday 13 April, 2016 1:36 pm
The Economic Cities Authority (ECA) participated in the opening of the new Rosenbauer Saudi Arabia factory, the first manufacturing facility specializing in assembling firefighting apparatus in the Arab world. The factory was built in the Industrial Valley in King Abdullah Economic...
Alkhabeer Capital Appoints Ahmed Ghouth as CEO
Business & Money | Wednesday 13 April, 2016 1:18 pm
 Alkhabeer Capital, the premier asset management and investment firm based in Jeddah, Saudi Arabia, today announced the appointment of Ahmed Ghouth as Chief Executive Officer. Ammar Shata, founder of Alkhabeer Capital, will remain in his role as Executive Director of the...
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