Environment & Energy | Saturday 21 November, 2015 5:27 am

Capital gets ready for winter rains

 A thick blanket of cloud enveloped the city's skyline for most of the day on Friday, making it a perfect weekend after a long spell of sultry heat in the capital. The overcast sky made the day pleasant for Riyadh residents, reducing the temperature to the lowest level seen so far this...

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Business & Money | Saturday 21 November, 2015 5:25 am

King only Arab on Business Insider’s power list

Business Insider has chosen Custodian of the Two Holy Mosques King Salman as the only Arab on its list of the most powerful 50 people in the world. Its website said King Salman was chosen for his personality and influence in the Middle East, as well as his position as ruler of Saudi...

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Beauty & Style | Friday 20 November, 2015 2:47 pm

MSGM opens flagship store in the Middle East

MSGM, the Italian contemporary luxury brand well known for its young and motivated concept, opened its first monobrand store in the Middle East.   BinHendi Enterprises, the region’s leader in fashion, watches and jewellery, collaborated with MSGM to bring the brand to the UAE. The...

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Business & Money | Friday 20 November, 2015 2:33 pm

Ministry rewards inspectors for refusing bribe

Two government officials were given three months’ salary as reward for rejecting a bribe in exchange for dismissing commercial fraud. The two officials were a part of the inspection team at the Ministry of Commerce and Industry who were checking for violations of the Anti-Fraud Law of the...

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Environment & Energy | Friday 20 November, 2015 2:26 pm

Oil price slump should not stop investments: Al-Naimi

Saudi Arabia has called for sustained investment in new output capacity despite the slump in world prices. Ali Al-Naimi, minister for petroleum and mineral resources, said global production lost four million barrels per day due to natural depreciation and predicted an increase in demand of one...

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Tourism & Hospitality | Friday 20 November, 2015 3:58 am

Turkish Airlines signs historic agreement with Jordan’s Petra Development and Tourism Authority

Turkish Airlines has signed a partnership agreement with the Petra Development and Tourism Authority in the presence of Nayef Al-Fayez, Jordan’s Minister of Tourism and Antiquities, Mohammad Al-Nawafleh, the Chief Commissioner of the Petra Development and...

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Technology & IT | Friday 20 November, 2015 3:41 am

Ericsson’s Rafiah Ibrahim Recognized as Top Executive leader

Rafiah Ibrahim, Ericsson’s President for Region Middle East and Africa, was recognized by Forbes Middle East amongst the Top Executives in the Middle East ranking 15th on the list of 100 executives.  Ibrahim was honored during the magazine’s Global Meets Local Awards, held last...

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Business & Money | Friday 20 November, 2015 3:38 am

COMPETITIVENESS KEY TO CAPTURING INCREASED SHARE OF GLOBAL PETROCHEMICAL MARKET

In a keynote address, Yousef A. Al-Benyan, SABIC Acting Vice Chairman and CEO, told an industry conference that the Gulf petrochemical industry can grow its share of the global market, but must increase its competitiveness in order to do so.    “For the industry, the global...

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Business & Money | Friday 20 November, 2015 3:13 am

AlSafi Danone strengthens its 35 years Partnership with Tetra Pak

Building on 35 years of successful partnership, AlSafi Danone strengthened their relationship with Tetra Pak by renewing its already existing and successful contract. . The latest collaboration between the two companies comes in the form of AlSafi Danone purchasing the new high speed production...

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Business & Money | Friday 20 November, 2015 2:44 am

Souqalmal.com Ranked Amongst Top 100 SMEs in Dubai

Souqalmal.com has been ranked amongst the top 100 promising SMEs in Dubai in a ceremony held on 15thNovember 2015. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Mohammed bin Rashid Al Maktoum Foundation, honored the owners and chief executives of the SMEs...

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