Business & Money | Tuesday 28 May, 2019 3:33 am

MG hold Ramadan Iftar honoring Saudi Media

As usual in Ramadan every year, Taajeer Group, the exclusive dealer for MG cars in Saudi Arabia, organizes an Iftar ceremony for media in Jeddah on the occasion of the holy month of Ramadan. The ceremony was attended by senior executives of Taajeer Group.  On this occasion, Engineer Hazm...

More Details

Business & Money | Tuesday 28 May, 2019 3:30 am

Exclusive Ramadan offer for SMEs at Ibn Battuta Gate offices

Luxury residential and hospitality property developer Seven Tides is offering a special Ramadan promotional rate for new tenants at The Offices at Ibn Battuta Gate. Valid throughout the Holy Month, potential tenants can secure a 12-month leasing agreement in a range of flexible open plan, fitted ...

More Details

Business & Money | Tuesday 28 May, 2019 3:28 am

Gulf Capital Acquires 70% of Medica

Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, announced today that it has acquired a 70% stake in Medica Holding, the leading service provider of aesthetics, cosmetics and dermatology equipment and products across the Middle East.  Gulf ...

More Details

Business & Money | Monday 27 May, 2019 3:51 pm

Uber appoints new General Manager for Saudi Arabia

Uber today announced the appointment of Mohammad Bakr Gazzaz as the new General Manager for Saudi Arabia. Tasked with leading the next phase of growth for Uber’s ride sharing business across the Kingdom, Gazzaz joins Uber with over 14 years of experience in Saudi...

More Details

Business & Money | Monday 27 May, 2019 2:07 pm

Bahri takes part in Breakbulk Europe 2019 in Germany

Highlighting its global presence and capabilities, Bahri, a global leader in logistics and transportation, has concluded its participation in Breakbulk Europe 2019 held from May 21-23 at Bremen, Germany. The company showcased its extensive range of logistics services and...

More Details

Business & Money | Monday 27 May, 2019 1:20 pm

ENOC Group announces retail growth strategy for KSA

ENOC Group, a wholly-owned entity of the Government of Dubai, has announced ambitious expansion plans for its retail operations in the Kingdom of Saudi Arabia.   The Group’s retail arm will increase its service station network by more than eight fold by 2030 to reach 124stations to ...

More Details

Business & Money | Monday 27 May, 2019 12:04 pm

Sultan Bin Sulayem launches Dubai Customs’ Smart Vessel Berthing System to facilitate trade at Dubai Creek

Dubai Customs launched a new disruptive berthing service for the vessels using the Dubai Creek (Khor Dubai) in the presence of His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment,Sultan bin Sulayem, DP World Group Chairman & CEO ...

More Details

Business & Money | Monday 27 May, 2019 4:31 am

Saudi Arabia’s new labor initiatives to promote growth, nationalization

The Ministry of Labor and Social Development is working on strategic partnership and integration with the business sector to stimulate growth and expand labor nationalization. Ahmed Al-Rajhi, minister of labor and social development, announced the initiative during his meeting with members of...

More Details

Business & Money | Monday 27 May, 2019 3:25 am

Saudi researchers join T20 summit in Japan

The world’s leading think tanks gathered for the G-20’s Think20 (T20) Japan Summit on Sunday in Tokyo, ahead of the upcoming G-20 Osaka Summit next month. In the opening address, the president of the Japan Institute of International Affairs (JIIA), Kenichiro Sasae, spoke of the...

More Details

Business & Money | Monday 27 May, 2019 12:01 am

Saudi consumers increasingly trust digital payments over cash, according to latest Visa-mada security survey

An important finding that emerged from the survey and one for retailers to take note of was offering card payment option (mobile POS) upon product delivery could help with converting Cash on Delivery (COD) customers into digital payers. According to the survey, 98% of those customers preferring COD ...

More Details