Business & Money | Tuesday 5 May, 2015 12:03 pm

SEDCO agrees on an acquisition plan for 50% stake in a growing Turkish private school firm

SEDCO Holding Group, a leading Shariah-compliant private wealth management organization, has acquired a 50% stake in Mektebim Okullari, a leading, fast growing company operating in the private education sector in Turkey.Anees Moumina, CEO of SEDCO Holding Group, and Ümit Kalko, Mektebim’s...

More Details

Business & Money | Tuesday 5 May, 2015 11:54 am

Jeddah to host the strongest local & international presence at SBIE

Jeddah’s Centre for Forums & Events is preparing to host Saudi Building & Interiors Exhibition (SBIE) , which will run from 11 to 14 May.The twenty-fourth event will be held under the patronage of HRH Prince Mishaal Bin Majed, Governor of Jeddah and offer a comprehensive range of construction,...

More Details

Tourism & Hospitality | Tuesday 5 May, 2015 2:34 am

Travelport Reveals Saudi Arabia’s $11 Billion Travel Market Poised for More Growth

Travel Commerce Platform leader reveals young populations with propensity for frequent travel and mobile devices accounting for 50% of all travel related searches in the region driving the emergence of a new breed of Hybrid Travel Agents Travelport (NYSE:TVPT) a leading Travel Commerce Platform...

More Details

Tourism & Hospitality | Tuesday 5 May, 2015 2:21 am

Flora Hospitality® Participates in Arabian Travel Market 2015

The renowned hospitality group celebrates 15 year anniversary with the launch of a new property Flora Al Barsha Hotel in Dubai Flora Hospitality® is celebrating its 15th anniversary during Arabian Travel Market (ATM) this year. At the region's leading event for the travel industry to be held from...

More Details

Tourism & Hospitality | Tuesday 5 May, 2015 2:18 am

Four Seasons Hotels and Resorts Celebrates 15 Years in the Middle East with a Strong Presence at ATM 2015

• Leading luxury hospitality group announces updates on Middle East portfolio at special Four Seasons University event attended by senior spokespeople and GMs from 11 properties.• Saudi Arabia, the United Arab Emirates and Qatar featured amongst Four Seasons top 10 guest markets globally in...

More Details

Tourism & Hospitality | Tuesday 5 May, 2015 2:12 am

Amadeus to roll-out upgraded Selling Platform Connect, Middle East’s first fully online booking platform at Arabian Travel Market 2015

• Global Distribution System (GDS) provider to exhibit innovative technology solutions for travel trade from Stand TT7620 in Technology Hall, Dubai International Convention and Exhibition Centre Amadeus-connected travel agents across the Middle East and Africa will now be able to benefit from a...

More Details

Tourism & Hospitality | Tuesday 5 May, 2015 2:08 am

DAMAC Maison Hotels & Resorts on Track to be one of the Leading Hotel Operators in the Region

6,050 keys to be completed by end of 2017, 4 hotels already open in the Burj Area of Dubai DAMAC Maison Hotels & Resorts – the five-star luxury hotel service provider – is set to become one of the largest hospitality operators in the Middle East, with 6,050 keys to be completed by the end of...

More Details

Tourism & Hospitality | Tuesday 5 May, 2015 2:02 am

HYATT EXPANDS ON PLANS FOR GCC GROWTH AT ATM DUBAI

Continues to Attract Wider Range of Guests with Diversified Offerings and Choice Locations in Hyatt announced today at the annual Arabian Travel Market (ATM) exhibition in Dubai that it continues to spotlight the burgeoning Gulf Cooperative Council (GCC) market with new hotels across several of...

More Details

Environment & Energy | Tuesday 5 May, 2015 1:50 am

Saudi drillers excel in search for oil and gas

Saudi Aramco’s largely young work force seeking new oil and gas sources around the country have been excelling in tough environments.In the desert of Khurais at 11:30 p.m. recently, Saudi Aramco’s work teams drilled to depths of between 7,000 and 13,000 feet. It was a major challenge that they...

More Details

Government | Tuesday 5 May, 2015 1:45 am

New-look govt will ‘secure nation’

The new appointments to the Cabinet announced by Custodian of the Two Holy Mosques King Salman are aimed at ensuring a stable and secure country in the face of increasing threats in the region and elsewhere.This was the sentiment of ministers at their weekly Cabinet meeting chaired by King Salman...

More Details