Environment & Energy | Saturday 17 October, 2015 3:01 am

Altaaqa Global, Altaaqa Alternative Solutions Score Major Nominations at 2015 Platts Global Energy Awards

Dubai-based Altaaqa Global, the leading global provider of temporary power solutions, and sister company Altaaqa Alternative Solutions (Altaaqa), the premier provider of electrical power, water and temperature control solutions in Saudi Arabia, have garnered major nominations in the 2015 Platts...

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Technology & IT | Saturday 17 October, 2015 2:56 am

Toshiba Starts Mass Production of System Regulator IC with Monitoring Function

Semiconductor & Storage Products Company today announced the mass production start of "TB9042FTG", a system regulator IC with monitoring function for the motor control system of electric and hybrid vehicles. The new IC is optimized for high efficiency systems, with a strengthened...

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Cars & Autos | Saturday 17 October, 2015 2:31 am

Dietmar Voggenreiter to be the new Board of Management Member for Sales and Marketing at AUDI AG

Dietmar Voggenreiter (46) is to take over the position of Board of Management Member for Sales and Marketing at AUDI AG as of November 1. He succeeds Luca de Meo (48), who will move to SEAT as the new CEO. Under the leadership of Voggenreiter, who has managed the China business for nine years, unit ...

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Tourism & Hospitality | Friday 16 October, 2015 12:23 pm

Hilton Introduces the Hotel Industry's First Ever Global Spa Treatment Membership

Transforming hotel spa treatments from an extravagance to a monthly must, Hilton Worldwide (NYSE: HLT) has launched a global spa treatment membership, The Spa Club. The Spa Club offers local residents a discounted spa treatment each month, access to amenities at the Hilton nearest them, and a host...

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Business & Money | Friday 16 October, 2015 3:39 am

Nitaqat: Saudis in private sector up to 1.7 million

The number of Saudis working in the private sector during 2015 rose to 1.7 million, up from about 700,000 in 2011, while the number of Saudi women working in the sector reached about 400,000 employees, up from only 50,000 four years ago. Ibrahim Al-Mouaikel, director general of the Human Resources ...

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Business & Money | Friday 16 October, 2015 2:43 am

Top French firms and sovereign fund acquire $150 million of KHC shares

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), met Laurent Fabius, French minister of foreign affairs in Riyadh.  The meeting was also attended by Mohammed Fahmi, KHC’s CFO, Hassna Alturki, executive manager for International Relations to the chairman, Fahad bin...

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Business & Money | Friday 16 October, 2015 2:36 am

KSA to boost quality and efficiency in industries

Custodian of the Two Holy Mosques King Salman wants the country to improve its production of top quality products to help boost the economy. The king’s strategies were outlined in a speech delivered on his behalf by Minister of Trade and Industry Tawfiq Al-Rabiah at the opening of the Fifth...

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Technology & IT | Friday 16 October, 2015 2:20 am

Yahoo Introduces a New Yahoo Mail App

Yahoo Inc. (NASDAQ:YHOO) today made a number of product announcements, primarily in the area of communications.  This month marks Yahoo Mail’s 18th anniversary, and the company is celebrating that occasion by introducing a new Yahoo Mail app that is fast, intuitive and beautifully...

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Tourism & Hospitality | Friday 16 October, 2015 2:15 am

Stars come out to honour OSN

OSN, the region’s leading pay-TV network, rolled out the red carpet in Dubai to launch its exciting new line-up for 2016.   The glittering evening of entertainment was hosted by Egyptian comedian Bassem Youssuf and featured Hollywood heartthrob Antonio Banderas and Game of Thrones...

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Business & Money | Friday 16 October, 2015 1:30 am

FX Options: The next generation in currency market investments

Saxo Bank, the online trading and investment specialist, will be giving a special presentation on the investment potential of FX Options at the forthcoming Saudi Money Expo in Al Khobar Saturday 17th October.  FX Options are a fairly new instrument on the financial market, popular among...

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