Business & Money | Thursday 1 January, 2015 3:11 pm

After third quarter 2014 GROHE Group on sustained uptrend with global growth

GROHE Group continues to grow. With sales up by around six percent, the Group generated sales of SAR 5.258 billion in the first nine months of this year, compared with SAR 4.966 billion in the same period of 2013. On a constant exchange rate basis, sales growth was no less than eight percent.With...

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Business & Money | Thursday 1 January, 2015 2:23 pm

Kingdom of Saudi Arabia accounts for 70 per cent of total GCC packaging market

The Kingdom of Saudi Arabia (KSA) maintains 70 per cent share of the GCC’s total packaging industry as per recent industry studies, with local business posting a 15 per cent annual growth. Due to a widespread use of plastic as a raw packaging material over glass and metal, packaging has emerged...

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Tourism & Hospitality | Thursday 1 January, 2015 10:26 am

Saudia extends domestic ticket validity to one year

The national carrier also announced starting a new mechanism called "Reserve and pay" so as to enable more domestic passengers to avail its services.According to the mechanism, passengers can take advantage of the available seats on an instant basis instead of the current system of allowing a set...

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Business & Money | Thursday 1 January, 2015 10:24 am

KAEC prepares phase-two of Industrial Valley project

The King Abdullah Economic City (KAEC) is preparing the Industrial Valley phase- two land plots in continuation of phase one that is linked to King Abdullah Port. This comes by granting expert contractors to ensure a comprehensive infrastructure and sophisticated services that meet all the...

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Healthcare | Thursday 1 January, 2015 9:53 am

All hospitals ordered to treat emergency cases

New Health Minister Mohammed Ali Alhayazie has ordered all government and private hospitals to treat patients needing emergency care, and warned that there would be penalties for those failing to comply.In a circular issued to health facilities on Wednesday, Alhayazie said that they must provide...

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Business & Money | Thursday 1 January, 2015 9:52 am

Crown prince: Charity sets us apart from other nations

Women nongovernmental organizations (NGOs) and charities dominated the winners of this year’s King Khaled Award, indicating the growing role of Saudi women in social welfare and empowerment.Crown Prince Salman, deputy premier and minister of defense, handed over the prizes and awards on behalf of ...

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Business & Money | Thursday 1 January, 2015 9:50 am

80 countries to participate in Marrakesh WAMY conference

The 12th conference of World Assembly of Muslim Youth (WAMY) will be in the historical Moroccan city of Marrakesh from Jan. 29 to Feb. 1.Announcing this, Saleh Al-Wohaiby, secretary general of the WAMY, told a press conference here that WAMY conference is themed “Youth in Changing World.”...

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Business & Money | Monday 30 November, -0001 12:00 am

RAKEZ enters into strategic alliance with FAB

Ras Al Khaimah Economic Zone (RAKEZ) and First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s safest financial institutions, have signed an agreement to offer RAKEZ clients special banking benefits and solutions designed specifically to meet their business...

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Government | Monday 30 November, -0001 12:00 am

Dubai Customs: 100 percent Emiratisation in inspection cadre

Dubai Customs has confirmed that Emiratisation percentage in customs inspection staff reached 100 percent, with 1691 inspectors accounting for 46 percent of the organization’s total workforce. The milestone makes Dubai Customs a role model in supporting the UAE’s Emiratisation...

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Business & Money | Monday 30 November, -0001 12:00 am

Senior Security Decision Makers Gather in Riyadh for IDC Security Roadshow

International Data Corporation (IDC) today hosted more than 200 of Saudi Arabia's most influential security decision makers at the Burj Rafal Hotel Kempinski in Riyadh for the 2019 edition of the IDC Security Roadshow. Running under the theme of 'Business Security: Risk &...

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