Business & Money | Monday 11 April, 2016 3:45 pm

International Investment Bank (IIB) announces successful automotive sector exit

 International Investment Bank (“IIB”) announced an exit from its investment in ARTES, a listed Tunisian-based automobile distributor, selling it at an attractive price of TND7.1 per share through block sales on the Tunisian Stock Exchange. In 2008 IIB and its investors, through ...

More Details

Business & Money | Monday 11 April, 2016 3:43 pm

Tarek Mounir Promoted to Vice President and GM Turkey, Middle East, North Africa, Greece & Cyprus

Turner Europe, Middle East and Africa (EMEA) today announced that Tarek Mounir is promoted to vice president and general manager Turkey, Middle East, North Africa, Greece & Cyprus.    Giorgio Stock, president Turner EMEA, said: “This promotion recognises Tarek's role...

More Details

Beauty & Style | Monday 11 April, 2016 3:31 pm

Fashion Forward Dubai Showcases Middle Eastern Fashion To Global Consumers

Fashion Forward Dubai (FFWD), the region’s progressive fashion platform, endorsed by the Dubai Design and Fashion Council (DDFC), closed its Fall/Winter ’16 season to great acclaim from industry figures, having presented 39 apparel, jewellery and accessories designers to a hugely...

More Details

Business & Money | Monday 11 April, 2016 3:28 pm

Governor of Riyadh sponsors “collective wedding initiative” for people with motor disabilities

Based on it sincere belief in the importance of social responsibility, Arabian Oud the largest fragrance manufacturer and retailer around the world specializing in incense, oriental perfumes and oil perfumes, supported the collective wedding initiative for people with motor disabilities, organized...

More Details

Technology & IT | Monday 11 April, 2016 3:22 pm

GE and CMEC help Pakistan meet critical power needs

GE announced today a deal with China Machinery Engineering Corp (CMEC) to supply two 330 megawatt (MW) boilers to Engro Powergen Thar (Private) Limited, CMEC’s joint venture with Pakistani companies for the Thar Block II Power Plant. The project will support Pakistan’s move to use...

More Details

Business & Money | Monday 11 April, 2016 2:03 pm

"Mobil 1" is the official sponsor of "The Track" circuit

Arabian Petroleum Supply Company (APSCO) "Mobil 1" and "The Track", the specialized circuit for hosting  car and Karting racing events in Jeddah, signed a consecutive sponsorship agreement, whereby "Mobil 1" oil becomes the main sponsor of the...

More Details

Business & Money | Monday 11 April, 2016 10:44 am

Cayan Group Acquires Off-Plan Permits for Samaya

Cayan Group, the leading property developer in the Middle East, is to launch Samaya Project in the prime area of Erga, north western Riyadh. Spread on 1 million square meters, the billion-riyal project is set to become the ultimate residential destination, offering integrated services in Wadi...

More Details

Business & Money | Monday 11 April, 2016 9:59 am

Dow Wins US Water Prize

The Dow Chemical Company (NYSE: DOW) has been awarded the prestigious U.S. Water Prize by the U.S. Water Alliance for its work in promoting and enabling more sustainable use and management by companies across the water value chain.  The prize is awarded annually, and this year, Dow is...

More Details

Beauty & Style | Monday 11 April, 2016 9:48 am

Jessica Chastain Shines In Piaget Jewellery At The Singapore Premiere Of The Huntsman – Winter’s War

Award-winning actor and Piaget International brand ambassador Jessica Chastain stepped out in style on the red carpet at the Singapore premiere of the much-anticipated The Huntsman – Winter’s War.  True to her classical glamour style, Jessica Chastain dazzled in Piaget diamonds,...

More Details

Tourism & Hospitality | Monday 11 April, 2016 9:43 am

The Art of Coffee Creation at The Ritz-Carlton, Riyadh

In some parts of the world, coffee is not just a caffeine loaded drink but so much more. Coffee has been connecting people for hundreds of years, especially in the Middle East, and it is deeply rooted in the heart of the local culture and tradition. There is an art behind its creation, and a...

More Details