Thursday, August 16, 2018
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Eye of Riyadh

PepsiCo empowers Saudi women with launch of region’s first MWM chapter
Business & Money | Wednesday 15 August, 2018 8:31 am
Pepsico, the global food and beverage company, has launched the region’s first Million Women Mentors (MWM) chapter in Riyadh. Million Women Mentors is a global movement designed to support the engagement of millions of Science, Technology, Engineering and Math (STEM) mentors, both male and...
DGCX and DIEDC Partner to Strengthen Dubai’s Islamic Finance Economy
Business & Money | Wednesday 15 August, 2018 7:00 am
The Dubai Gold and Commodities Exchange (DGCX) and the Dubai Islamic Economy Development Centre (DIEDC) today signed a Memorandum of Understanding (MoU), agreeing to share knowledge, promote Shari’ah Compliant finance, and help foster Dubai as the global capital of Islamic...
Future in Focus as Innovative End-to-end Solutions Come to the Fore at 5th Gulfood Manufacturing
Business & Money | Wednesday 15 August, 2018 4:38 am
The fifth edition of Gulfood Manufacturing will showcase a raft of innovative cutting-edge solutions shaping global production when the region’s biggest food and beverage processing event returns to Dubai World Trade Centre (DWTC) from 6 to 8 November 2018.   Having outperformed...
SABIC and Nottingham Spirk accelerate innovations
Business & Money | Wednesday 15 August, 2018 4:30 am
Leveraging its unique ability to expand value for its customers while also contributing to Saudi Vision 2030, SABIC, a global leader in the chemical industry, is investing in new applications and methods of collaboration to innovate across the industry value chain. As part of this investment in the ...
Homeworks celebrates Eid with exciting offers
Business & Money | Wednesday 15 August, 2018 4:23 am
Homeworks is celebrating Eid al-Adha with special offers on thousands of product lines available across its stores in Riyadh and Jeddah.     Customers can enjoy exciting deals on quality products from outdoor living, gardening, homeware, paint and décor, DIY, and...
Azizi Developments reaches 20% construction milestone
at Azizi Riviera
Business & Money | Tuesday 14 August, 2018 12:15 pm
Azizi Developments, one of the leading private developers in the UAE, has announced a construction milestone for its flagship waterfront community project in Meydan One, Azizi Riviera.    Comprising of 16,000 units, the AED 12 billion project has crossed the 20 percent completion...
Shaker Group continues to increase efficiency via strategic cost optimization initiatives
Business & Money | Tuesday 14 August, 2018 11:47 am
Shaker Group (the “Company” or the “Group”), the leading importer, manufacturer and distributor of Air Conditioners and Home Appliances in Saudi Arabia, has announced results achieved by the Company’s ongoing efficiency program. As Group sales continue to face pressure ...
Almajma’a Young Entrepreneurs Get Valuable Life Lesson in Entrepreneurialism Through Innovative Public-Private Partnership Program
Business & Money | Tuesday 14 August, 2018 6:34 am
The Almajma’a School District in partnership with the Ministry of Education in Almajma’a and Shawarmer restaurants awarded more than 30 participants in The 2030 Vision Generationprogram for innovation, creativity and business planning as part of a 6-month initiative to promote a...
55 road projects completed in KSA in H1 worth SR4.9bn
Business & Money | Tuesday 14 August, 2018 5:16 am
The Saudi Transport Ministry announced that the number of road projects completed during the first half of 2018 has reached 55 projects, spanning 1,689 km with a total cost of 4.978 billion riyals. The announcement reflects the ministry’s ongoing efforts to improve quality and safety of the...
Emaar Development marks 119% increase in revenue to 
AED 6.99 billion
Business & Money | Tuesday 14 August, 2018 3:28 am
Emaar Development PJSC (DFM: EMAARDEV), the UAE build-to-sell property development business majority-owned by Emaar Properties PJSC (DFM: EMAAR), reported anetprofit of AED 1.82 billion (US$ 496 million) during the first six months (January to June) of 2018, an increase of 68 per cent compared to...
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