Wednesday, January 24, 2018
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Eye of Riyadh

FedEx Earns No. 9 Spot on the  FORTUNE World’s Most Admired Companies List
Business & Money | Wednesday 24 January, 2018 1:15 pm
FedEx Corp. (NYSE: FDX) is once again ranked among the most admired companies in the world, according to a survey published in FORTUNE magazine.   The annual “World’s Most Admired Companies” report released today lists FedEx as the No. 9 ranked company overall. The...
Bahri welcomes New Year with addition of ‘Kassab’ as its first VLCC in 2018
Environment & Energy | Wednesday 24 January, 2018 8:00 am
Marking a strong start for 2018, Bahri, a global leader in transportation and logistics, today accepted the delivery of its first Very Large Crude-oil Carrier (VLCC) this year ‘Kassab’ to enhance the company’s maritime offering and increase its market share in crude oil...
Jazan port to take delivery of goods for Yemen
Government | Wednesday 24 January, 2018 6:27 am
Saudi Arabia will facilitate Jazan port to receive shipments of commercial goods, which are being sent under the humanitarian package to alleviate the suffering of the Yemeni people. “The Kingdom will take all the required organizational, logistical and financial measures in this...
First VAT returns to be filed before February end: GAZT
Government | Wednesday 24 January, 2018 5:58 am
The General Authority for Zakat and Tax (GAZT) has reminded all enterprises registered in value added tax (VAT) whose supplies of goods and services exceed SR40 million annually to file their tax returns on a monthly basis, as stipulated by the VAT Law. As such, enterprises in this category...
Saudi Shoura wants Customs Department run as independent authority
Government | Tuesday 23 January, 2018 7:35 am
A Shoura Council committee has called for the transfer of the Saudi Customs Department to an independent public authority, financially and administratively. This came within a series of recommendations proposed by the Financial Committee in its report based on the annual report of the Customs...
‘Safety of your home is the safety of your family’
Business & Money | Tuesday 23 January, 2018 7:23 am
Jeddah Governor Prince Mishal Bin Majed launched on Monday the ‘safe mobile home’ initiative to make the public aware about home safety requirements. The initiative by the General Department of Civil Defense in Jeddah governorate is titled “Safety of your home is the safety of...
Pakistani filmmaker eyes Saudi Arabia for future projects
Business & Money | Tuesday 23 January, 2018 6:22 am
In a bid to promote Saudi-Pakistani relations in the film and entertainment industry, the premiere showing of the Pakistani movie “Parchi” was organized at a makeshift cinema hall here on Saturday night. Guests from the film fraternity of the two countries and diplomats attended the...
Business & Money | Tuesday 23 January, 2018 5:33 am
Emirates NBD - Saudi Arabia successfully participated in the Indian Trade Fair held recently in Jeddah as the first Indian trade fair in Saudi Arabia. His Excellency, Mr. Shah Alam, Vice Consul General of India in Jeddah, and Eng. Loai Abdul Jawad, CEO of Emirates NBD in Saudi Arabia, cut the...
X-Trail Wins the Best Crossover Car During the Saudi International Motor Show
Cars & Autos | Monday 22 January, 2018 1:45 pm
Nissan’s X-Trail car has won the best Crossover car for 2017 by Sport Motors Magazine that is specialized in automotive.   The ceremony was held recently in Jeddah during the opening of the Saudi International Motor Show 2017, and was attended by a substantial presence of media, in ...
Najm Appoints Fahad Ibrahim Al-Akeel  as CEO
Business & Money | Monday 22 January, 2018 12:53 pm
Najm For Insurance Services has announced the appointment of Mr. Fahad Ibrahim Al-Akeel as the new CEO effective January 1st, 2018.   On this occasion, the Chairman of Najm, Dr. Abdulrahman AbdelMohsen Al Kalaf said: “On behalf of the  Board of  Directors and employees,...