Business & Money | Sunday 26 June, 2016 12:20 pm

Karcher to Introduce New Deep-Cleaning Carpet Machine

Karcher, the world leader in innovative cleaning technology solutions will introduce a new deep-cleaning and intermediate cleaning carpet machine, the BRC 40/22, to the Middle East market in September. The machine has been shortlisted for the International Sanitary Supply Association (ISSA)...

More Details

Business & Money | Sunday 26 June, 2016 12:15 pm

Deloitte: Mobile consumers check their phones over 80 billion times a day

Deloitte’s Technology, Media & Telecommunications (TMT) practices highlight the increasing trends for connectivity and mobile phone usage across the board in Deloitte’s  latest report entitled: Global Mobile Consumer Trends. Both intensity in usage and ownership rates are...

More Details

Business & Money | Sunday 26 June, 2016 12:04 pm

Brexit - Two major shocks for UK -comment by Villamin and Gautry of UBP

 Economics: Brexit should drive the economy into a technical recession in H2-16 and in 2017 (-3%/-1% range), due to lower consumption and a fall in capex. The unemployment rate is expected to rise next year (by probably 1/1.5 point from the current 5%). As the current account deficit is...

More Details

Tourism & Hospitality | Sunday 26 June, 2016 12:01 pm

Phase 1 of Redwood Park at Jumeirah Golf Estates Officially Sells Out

Jumeirah Golf Estates, the leading residential golf community, is pleased to announce that Phase 1 of its Redwood Park development has officially sold out to a mix of local and international buyers.   As Jumeirah Golf Estates continues its ambitious growth plans and international sales...

More Details

Tourism & Hospitality | Sunday 26 June, 2016 11:59 am

DAMAC Properties Awards 25 Contracts Worth AED 3 billion in First Half of 2016

DAMAC Properties today announced that it awarded 25 construction and consultancy contracts worth AED 3 billion in the first half of 2016. Contract awarded include the main packages for more than 2,678 villas within its luxury lifestyle community; AKOYA Oxygen, as well as the main package for...

More Details

Business & Money | Sunday 26 June, 2016 11:53 am

At MIT, Al-Falih focuses on Kingdom’s long-term future

The Massachusetts Institute of Technology (MIT) hosted Energy, Industry and Mineral Resources Minister Khalid Al-Falih for a wide-ranging discussion on Friday about Saudi Arabia’s long-term directions in economic and human development. The event convened a group of leaders from academic...

More Details

Tourism & Hospitality | Sunday 26 June, 2016 11:48 am

Prince Khaled to lay foundation stone for renovation of 8 historic mosques in Jeddah

Prince Khaled Al-Faisal, emir of Makkah province, adviser to Custodian of the Two Holy Mosques and chairman of the Tourism Development Council in the region, is scheduled to lay the foundation stone for the renovation of eight historic mosques in Jeddah governorate on Sunday night, the Saudi Press...

More Details

Government | Sunday 26 June, 2016 11:40 am

King orders SR1,691m in assistance to social security beneficiaries

Custodian of the Two Holy Mosques King Salman has issued an order for paying SR1,691 million in assistance to beneficiaries included in the social security system. In a statement to Saudi Press Agency (SPA), Mufarrej Al-Haqabani, Minister of Labor and Social Development, thanked the King for...

More Details

Business & Money | Sunday 26 June, 2016 10:34 am

Saudi Deputy Crown Prince meets with Twitter’s CEO

Saudi Deputy Crown Prince Mohammed bin Salman on Saturday met with Twitter’s CEO Jack Dorsey during his New York visit. The two discussed cooperation to train and qualify Saudi cadres and investment in creative technology sectors during their meeting. The deputy crown prince’s...

More Details

Technology & IT | Sunday 26 June, 2016 3:27 am

Mobily Offers 3GB Free for Customers when Documenting Fingerprint for Their Data Sim Cards

Bayanat Al Oula, a subsidiary company of Etihad Etisalat (Mobily) offers 3GB free for all existing subscribers when registering their fingerprint for data SIM cards.   Mobily clarifies, the existing subscribers in Mobily data packages can visit any Mobily’s branch or authorized...

More Details