Business & Money | Sunday 15 March, 2020 2:32 pm

KPMG: Saudi Arabia’s banking sector resilient despite economic headwinds

KPMG, a leading provider of audit, tax and advisory services, released the first edition of its Kingdom of Saudi Arabia Banking Perspectives 2020 report, and based on the evaluation of the key financial indicators suggested a positive outlook for the banking...

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Business & Money | Sunday 15 March, 2020 2:21 pm

Council of Saudi Chambers is umbrella of business sector and chambers of commerce in the Kingdom

The Council of Saudi Chambers is considered the umbrella of the Saudi business sector and the chambers of commerce in the Kingdom of Saudi Arabia, works to represent their interests locally and internally, achieves their goals and serves the Saudi economy. The Council takes care of the common...

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Business & Money | Sunday 15 March, 2020 4:13 am

SAMA Announces SR 50 Billion Program to Support Private Sector Financing in Fighting Coronavirus

The Saudi Arabian Monetary Authority (SAMA) announced preparing a SR 50 billion program to support the private sector for enabling it to play its role in promoting economic growth through a package of measures including the following: First: To support financing of small and medium...

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Business & Money | Saturday 14 March, 2020 2:57 pm

Al Tayer approves initiatives to improve drivers and vehicles licensing services

His Excellency Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has endorsed a package of improvements of drivers licensing and training as well as vehicle testing services. Improvements aim to uplift the level of...

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Business & Money | Friday 13 March, 2020 3:41 am

Jan Bures joins Audi Volkswagen Middle East FZE as Group Managing Director

Jan Bures has been appointed as Group Managing Director of the wholly owned subsidiary importer organisation, Audi Volkswagen Middle East FZE.    With over twenty-five years of management experience within the Volkswagen Group, German national Jan Bures, has been instrumental during ...

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Business & Money | Thursday 12 March, 2020 3:27 pm

National Food Products Company signs exclusive partnership agreement with Al Ain Football Club

National Food Products Company (NFPC), the UAE-based Food and Beverage organisation, has signed an exclusive partnership agreement with Al Ain Sports and Cultural Club for the next three years, enabling it to be the sole beverage supplier to Al Ain Football Club which operates under the Cultural...

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Business & Money | Thursday 12 March, 2020 3:20 pm

Under the Patronage of the Mayor of Jeddah Governorate, Al Ghazali Company Organizes its Annual Exhibition for the Year 1441 H

Under the patronage of His Excellency the Mayor of Jeddah Governorate, Mr. Saleh Ali Al-Turki, Al-Ghazali Trading Company organized its annual exhibition for the year 1441 AH in Jeddah on Monday, Rajab 14, amid a large presence of the company's clients, a group of businessmen and a crowd of...

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Business & Money | Thursday 12 March, 2020 11:45 am

BCG launches 2020 edition of Jeel Tamooh


Boston Consulting Group (BCG) launched the new edition of its prestigious Jeel Tamooh program, the tailor-made initiative that inspires and grooms the most distinguished of university students in Saudi Arabia into future leaders.   "Jeel Tamooh is a manifestation of BCG's...

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Business & Money | Thursday 12 March, 2020 9:21 am

Intersec Saudi Arabia 2020 postponed amid ongoing global Covid-19 concerns

Intersec Saudi Arabia 2020, the Kingdom’s dedicated trade fair for the security, safety, and fire protection industries, is to be postponed to September 2020, amid ongoing global concerns of the Covid-19 virus.   The annual three-day event, which was scheduled to run from 23-25...

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Business & Money | Thursday 12 March, 2020 3:46 am

DAMAC introduces the UAE’s first design-your-home concept

DAMAC Properties, the region’s leading luxury real estate developer, has launched a unique concept at DAMAC Hills. The ‘A La Carte Villas’ enables buyers to personalise multiple aspects of their homes including villa type, layout, landscaping, interiors, and furnishings, among...

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