A GCC health official has called for strict penalties on countries and companies found engaged in exporting or importing adulterated and counterfeit drugs in order to curb the spread of such drugs in Arab countries.Director General of the Executive Office of the Council of Ministers of Health of...
Barwa Bank’s financial results for 2014 showed strong growth across all segments, with Net Profit reaching QAR 713 million, up by 41.5% as compared to 2013. Total assets grew by 14% reaching QAR 38 billion, driven mainly by strong growth in the bank’s financing portfolio which grew from QAR...
Oman crude oil prices on the Dubai Mercantile Exchange settled above $60/b for the first time in four months, as prices continued to climb on signs of a slowdown in US shale oil production. Front-month June DME Oman futures contract settled 12:30 Dubai time at $60.22/b, up $1.94 on the previous...
The visitors’ area of the King Fahd Park Development Project in Dammam has been completed by the investing company, according to the Eastern Province Municipality. The park is located between Dammam, Dhahran and Al Khobar.Mohammed Al-Sufaian, spokesman for the Eastern Province Municipality, said: ...
The Housing Ministry has announced that it will construct 25,500 additional housing units in various cities across the Kingdom with the aim of easing the acute housing shortage.The ministry revealed that it has now completed the marketing for all of the apartments that are part of housing project...
Prince Sultan bin Salman, president of the Saudi Commission for Tourism and Antiquities (SCTA) announced Thursday the start of a program in South Korea for the training of Saudi male and female artisans to revive and develop the accuracy of ancient crafts. He indicated that the program will be...
Saudi Arabia will open its $532 billion stock market to direct foreign investment on June 15, allowing qualified foreign institutions to buy shares, the Capital Market Authority (CMA) said.Final rules covering the opening of the market will be published on May 4, the CMA added.The authority...
Three Ferraris have won the prestigious Red Dot Award, the world’s leading product design competition which celebrates its 60th anniversary this year. The recent FXX-K has been named Red Dot Best of the Best for the top design quality and ground-breaking design, while both the California T and...
Roomz, the pioneer brand in home furniture and one of Al Mutlaq Holding’s companies, has held “Basics of Interior Design” seminar at Roomz showroom in Riyadh, in collaboration with Mrs. Renad Al Sekait, a lecturer in the interior design college at Prince Sultan University. Journalists,...
Spring! Finally, the days are getting longer again and the weather gets warmer. Most people want to go outdoors and try to make the best out of bright evenings. But already a new email is blinking up, a colleague is still waiting for a return call and a document also needs to be finished. In these...