Business & Money | Tuesday 13 December, 2016 12:14 pm

Liberty House Group takes step forward to acquire Tata Steel’s Speciality Steels business

International industrials and metals group, Liberty House, has entered into exclusive negotiations with Tata Steel UK to acquire its Speciality Steels business for a total consideration of £100 million.   The business, based largely in South Yorkshire, with service centres in the...

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Cars & Autos | Tuesday 13 December, 2016 12:03 pm

The 38TH Saudi International Motor Show in Tandem With The Kingdom’s Vision 2030

MARKET PROSPECTS   Saudi Arabia is on the threshold of revival of the economy through many planned projects under development which is line with the Kingdom’s vision 2030 and automotive industry is an part important of this vision.     -The Saudi Automotive...

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Business & Money | Tuesday 13 December, 2016 11:59 am

Wilo Middle East Organizes a Customer Seminar in Saudi Arabia

Wilo Middle East FZE, the leading pump manufacturer Headquartered in Germany, organized on the 15th of November 2016 a customer seminar at Movenpick Al Khobar in Kingdom of Saudi Arabia (KSA). The seminar presented a valuable opportunity for customers to inspect the solutions provided by Wilo for...

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Tourism & Hospitality | Tuesday 13 December, 2016 11:45 am

Airline’s safety record is priority for UAE travellers to fly, finds in-country Turkish Airlines survey

Turkish Airlines, Europe’s best airline for the sixth year in a row, has unveiled key findings from a ‘Future of Air Travel’ survey carried out by Forsa Study on a cross-section of travellers flying different airlines from the UAE.   An overwhelming majority of UAE...

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Tourism & Hospitality | Tuesday 13 December, 2016 9:57 am

Ajman Tourism launches Smartphone application "Visit Ajman"

Under the patronage of HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of the Emirate of Ajman and Chairman of the Ajman Executive Council, Ajman Tourism Development Department (ATDD) launched a Smartphone application “Visit Ajman” at the 10th Ajman Government Forum held to celebrate ...

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Business & Money | Tuesday 13 December, 2016 8:46 am

ITFC Pledges US$ 875 MILLION to Support Burkina Faso 2016-2020 DEVELOPMENT PLAN

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, announced a pledge of USD875 million to support Burkina Faso’s National Program for Economic and Social Development (PNDES). The amount represents a significant portion of the IDB ...

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Business & Money | Tuesday 13 December, 2016 7:49 am

Public Voting for the 7th Edition of Eventex Awards announced

With Eventex 2017 just around the corner, entry submission for the 7th edition of global event awards Eventex Awards is now closed. Every year the People’s Choice Event award is decided by public voting. People are invited to cast their votes by 12 December. The finalists will...

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Business & Money | Tuesday 13 December, 2016 7:35 am

GCC VAT expected to produce revenues of over $25 billion per annum: EY

The adoption of value added tax (VAT) by the GCC countries represents a major shift in tax policy that will impact all segments of the economy and lead to a fundamental change in the way businesses operate across around the region. According to EY, the VAT of 5% is expected to produce revenues ...

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Cars & Autos | Tuesday 13 December, 2016 5:53 am

Aljomaih and Shell Company sets new Guinness record for the world's largest motor oil bottle

Shell and Aljomaih Lubricating Oil Company (JOSLOC) unveiled the world's largest oil bottle contains 1000 liters of Shell Helix Ultra 5W-40 motor oil with PurePlus technology. This remarkable event took place at the Saudi International Motor Show in Jeddah in the presence Guinness World Records ...

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Tourism & Hospitality | Tuesday 13 December, 2016 5:51 am

Riyadh Marriott Hotel & Marriott Executive Apartments receive 2 awards at the World Luxury Hotel Awards Ceremony 2016

Riyadh Marriott Hotel received the “2016 Luxury Hotel and Conference Center” award, while Marriott Executive Apartments, Riyadh Makarim received the “2016 Luxury Serviced Apartment” award. The awards were granted by the World Luxury Hotel Awards within a ceremony that was...

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