26 Rabi' I 1446 - 29 September 2024
    
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Eye of Riyadh

DAMAC Properties Launches  ETTORE 971 Bugatti Villas
Business & Money | Sunday 6 September, 2015 12:52 pm
The world’s first Bugatti -styled homes are being launched by luxury real estate developer, DAMAC Properties, during the Cityscape Global exhibition in Dubai.   The exclusive limited edition collection called ETTORE 971 Bugatti Styled Villas will take pride of place within the lush ...
Global Retail Sales to Reach USD 23 Trillion by 2025
Business & Money | Sunday 6 September, 2015 12:47 pm
Global retail sales could reach USD 23 trillion by 2025, with online retail sales at USD 4.3 trillion - nearly 20 per cent of the global total - according to a report by Frost & Sullivan released today in the build-up to GITEX Technology Week 2015.   In the Middle East, 2016 will be...
Airbus Middle East, Airbus ProSky and Arab Civil Aviation Commission (ACAC) sign a MoC
Business & Money | Sunday 6 September, 2015 12:40 pm
The link between the growth of aviation sector and the Middle East and North Africa’s economic growth cannot be ignored. Many of the national airlines regionally are preparing for expansive growth over the next decade and beyond, projected in the range of five percent or more annually. As a...
Red Hat Announces Participation at IDC CIO Summit 2015 in Riyadh
Business & Money | Sunday 6 September, 2015 12:37 pm
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, has announced its participation at the upcoming IDC CIO Summit 2015 taking place at the Four Seasons hotel, Kingdom Centre Riyadh from September 8-9, 2015. The company will demonstrate its open, hybrid cloud...
Saudi Fransi Capital successfully closes SAR 1.0 billion maiden Sukuk Issuance for Abdullah Al Othaim Real Estate
Business & Money | Sunday 6 September, 2015 12:34 pm
Saudi Fransi Capital  announces the successful closing of the SAR 1.0 billion five year Sukuk offering on behalf of Abdullah Al Othaim Real Estate Investment and Development Company “OREIDCO”.  The Sukuk (senior secured) has been issued through OREIDCO Sukuk Limited, by way of ...
Global Hospitality and HORECA professionals to converge in Qatar in October 2015
Tourism & Hospitality | Sunday 6 September, 2015 11:23 am
Hospitality Qatar, a leading Hospitality, Hotel and Franchise Exhibition in the region will be held in October of this year presenting global turnkey solutions to the hospitality and HORECA (Hotels, Restaurants, Cafes) sector. Held from 13-15 October 2015 at the Doha Exhibition Centre (DEC) under...
Minister of Social Affairs honors Mobily for Supporting “Naqa” Association
Business & Money | Sunday 6 September, 2015 5:11 am
His Excellency, the minister of Social Affairs, Dr Majed Al Qasabi honored Etihad Etisalat, Mobily for its support of the charity Anti- Smoking Association “Naqa”. This comes on the sidelines of the “Naqa” Association’s launch ceremony of endowments projects in the...
All Saudi students in US included in scholarship program
Government | Sunday 6 September, 2015 4:14 am
Custodian of the Two Holy Mosques King Salman issued orders to include in the Custodian of the Two Holy Mosques Program for Foreign Scholarship even those male and female Saudi students studying at present in the US at their own expense. King Salman also issued orders that the State will bear...
Phase 2 of Makkah strategic water storage project to undergo test run in 2016
Environment & Energy | Sunday 6 September, 2015 4:09 am
NWC is working on finishing the SAR 260,000 second phase of its strategic water storage project in Makkah that has a capacity of 760,000 cubic meters. The project comprises four cylindrical tanks that are each 20 meters high, 110 meters in diameter and has a capacity of 190,000 cubic meters. The...
Samsung Electronics Begins Mass Producing Industry First 256-Gigabit, 3D V-NAND Flash Memory
Technology & IT | Sunday 6 September, 2015 2:03 am
Samsung Electronics Co., Ltd., the world leader in advanced memory technology, announced that it has begun mass producing the industry’s first 256-gigabit (Gb), three-dimensional (3D) Vertical NAND (V-NAND) flash memory based on 48 layers of 3-bit multi-level-cell (MLC) arrays for use in...
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