Sports | Tuesday 31 July, 2018 3:19 pm

Retail subscription in Leejam Sports Company’s IPO Starts Today at a Price of 52 per Share

Samba Capital & Investment Management Company (“Samba Capital”) announced that the retail offering of Leejam Sports Company’s (“Leejam” or the “Company”) IPO starts today.  Leejam Sports Company is the owner and operator of fitness centres...

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Business & Money | Tuesday 31 July, 2018 10:04 am

MEPCO achieves 1H net profit increase of 166%

The Middle East Paper Co. (‘MEPCO’), the region’s leading vertically-integrated paper manufacturer, has announced its interim financial results for the six months ended 30 June 2018. Net profit of SAR 57 million in the first half increased by 166% on H1 2017. STRATEGIC...

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Business & Money | Tuesday 31 July, 2018 8:00 am

The Board of Directors of the National Commercial Bank has recommended the distribution of dividend to the shareholders for the first half of 2018

The Board of Directors of the National Commercial Bank has recommended on Sunday 16-11-1439H corresponding to 29-07-2018 the distribution of dividend to the shareholders for the first half of 2018 as following: 1.Total amount of distribution of dividend SAR 2,989,409,411 2.Number of shares...

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Technology & IT | Tuesday 31 July, 2018 7:44 am

Saudi Start-up’s raised $3.110 Million in Funding in Second Quarter of 2018

The technology start-ups incubated by the Badir Program, one of the King Abdul Aziz City for Science and Technology initiatives, has successfully raised around SR 11.660 million ($3.110 million) in the second quarter of 2018, up by 7.66% from the previous quarter when 10.830 million ($2.888...

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Technology & IT | Tuesday 31 July, 2018 3:43 am

Panasonic’s new water dispensers to add luxury to the modern Middle Eastern kitchens

Panasonic to reinvent the contemporary Middle Eastern kitchens with the introduction of new water dispensers that combine cutting edge innovation with stylishly elegant look.  Designed in statement-making black and metal finish, Panasonic’s water dispensers break the monotony of the ...

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Technology & IT | Tuesday 31 July, 2018 1:12 am

LG offers a wide range of advanced technological solutions for future-oriented cities

The growing world population, coupled with rapid economic development has led to an increase in demand for energy, and future-oriented cities are effectively designed as the only comprehensive solution to a possible rise in pollution and greenhouse gas emissions. With the growing need for...

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Business & Money | Monday 30 July, 2018 4:00 pm

Alawwal bank reports Q2 net profit of SAR 254m

Alawwal bank announced its financial results for the second quarter of 2018, reporting net income of SAR 254m down 11% vs Q1. Net operating income for the quarter increased by 6.3% to SAR 571m. Non Funded Income had a particularly strong quarter, up 10% from Q1.  Q2 saw Alawwal bank ...

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Sports | Monday 30 July, 2018 11:00 am

noon | women series meets Riyadh’s 1st female running collective

noon, the Middle East’s homegrown online marketplace, caught up with Saudi Arabia’s first female running collective, the Riyadh Urban Runners (RUR), as part of the noon | women series, which continues to shed light on extraordinary women from our...

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Technology & IT | Monday 30 July, 2018 10:00 am

Breakthrough technology in HUAWEI nova 3 series is changing how people express themselves

 A selfie isn't just like any other picture. In a deeper, truer sense though, a selfie is a reflection of a moment in time of one’s life journey. In an era when we're constantly being marketed technologies that promise to make our lives easier and save us time by doing the work...

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Cars & Autos | Monday 30 July, 2018 3:36 am

Toyota Prius clinches podium finish in fourth race of the 2018 AUTOBACS SUPER GT300 Series

Toyota has continued to amass podium finishes in the 2018 AUTOBACS SUPER GT Series, coming upthrough the ranks to grab second place in a tightly fought race that was held recently at the Chang International Circuit in Thailand. The No. 31 TOYOTA PRIUS apr GT, driven by Koki Saga and Kohei...

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