Business & Money | Thursday 9 June, 2016 6:15 am

Saudi Fransi Capital announces that 79.56% of the shares offered to the retail tranche was covered by the end of the third day

Saudi Fransi Capital, the financial advisor, lead manager, bookrunner and sole underwriter for L’azurde Company for Jewelry (“L’azurde”) states that the number of retail investors amounted to 141.3 thousand investor by the end of the third day. Amount subscribed reached to...

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Business & Money | Thursday 9 June, 2016 5:29 am

Kingdom plans to showcase arts in reform drive

Saudi Arabia plans to showcase the arts and grow its media industry to counter negative stereotypes of the Kingdom, whose rights record is regularly and wrongly criticized abroad. The initiatives are part of the wide-ranging National Transformation Program (NTP) which sets targets for...

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Technology & IT | Thursday 9 June, 2016 4:30 am

ITWORX Education recognized as a CityNext finalist in the 2016 Microsoft Partner of the Year Awards

 ITWORX Education, a Cairo-based ITWORX company backed by the EuroMena Fund, has been named a finalist in the 2016 Microsoft Partner of the Year Awards. It was recognized for providing an outstanding solution in the ‘Public Sector: CityNext’ category, based on its WinjiGo project...

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Business & Money | Thursday 9 June, 2016 4:27 am

Arab Luxury World Successfully Reaches Conclusion

The third edition of Arab Luxury World has successfully reached its conclusion. The event saw a number of valuable insights and learnings on offer for those in attendance. Organised by Mediaquest, the two-day conference took place at The Westin Dubai Mina Seyahi, with more than 30 panel...

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Business & Money | Thursday 9 June, 2016 4:27 am

GCC maritime regulators visit Gulf Craft shipyard

GULF Craft recently welcomed 10 maritime regulators from across the GCC to one of its award-winning shipyards in the Emirates. Visitors were given a tour of the facility, and had an opportunity to witness the superyacht and yacht production process in action while meeting the skilled...

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Business & Money | Thursday 9 June, 2016 4:24 am

Al-Qassabi to supervise market during Ramadan

Commerce and Investment Minister Majed Al-Qassabi is expected to personally supervise the work of the ministry’s inspection teams, which will check the availability and prices of quality consumer goods in the market. Earlier this week, the minister held a round of talks with the directors of ...

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Cars & Autos | Thursday 9 June, 2016 4:05 am

Hankook Tire provides original equipment for the New Mercedes-Benz "Actros"

Hankook Tire expands its Original Equipment (OE) portfolio in the Heavy Commercial Vehicle (HCV) segment and provides tires in six different sizes for one of the award-winning Mercedes-Benz Trucks, the new Actros. Hankook Tire, starting OE fitment on one of the best-selling heavy duty trucks in...

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Tourism & Hospitality | Thursday 9 June, 2016 3:01 am

Oman Air Holidays in booking first

Oman Air Holidays has launched the first fully online holidays booking engine in Oman. The holidays’ division of the national carrier of the Sultanate of Oman has unveiled a dynamic new website and booking system at www.omanairholidays.com. It offers a range of holiday products, such as...

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Technology & IT | Thursday 9 June, 2016 2:43 am

Samsung Bioepis Announces New Data on Three Anti-TNF-α Biosimilar Molecules at the (EULAR 2016)

Samsung Bioepis Co., Ltd. today announced new clinical data on its anti-TNF-α portfolio of Benepali® (etanercept), Flixabi® (infliximab) and SB5 (adalimumab) investigational biosimilar candidate. The data will be presented through seven poster presentations and an abstract publication ...

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Business & Money | Wednesday 8 June, 2016 4:51 pm

Deloitte: Organizational design a top priority for Middle East companies

Responding to disruptive changes in digital technology, business models and workforce demographics, 92 percent of business and HR leaders around the world have identified the critical need to redesign their organization to meet global business demands. This is according to Deloitte’s fourth...

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