Business & Money | Wednesday 19 April, 2017 5:37 am

Saudi Cloud Analytics Market Tops SAR 280 Million by 2019

The 15-fold growth in the Kingdom’s cloud analytics market will drive Saudi Vision 2030 industry vertical innovation, business leaders announced today at the SAP Saudi Cloud Day. Through 2019, the Kingdom’s cloud analytics market will top SAR 280 million in 2019, up from SAR 20...

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Business & Money | Wednesday 19 April, 2017 4:55 am

Red Sea Mall hosts King Abdallah Informative Caravan 2018 (Values and Wisdom)

His Royal Highness, Prince Mishaal Bin Majed Bin Abdulaziz, Governor of Jeddah and His Royal Highness Prince Turki Bin Abdallah, the Member of Trustees Council of King Abdullah Bin Abdulaziz International Foundation for Humanitarian Work, hosted King Abdallah Informative Caravan 2018 (Values and...

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Business & Money | Wednesday 19 April, 2017 4:18 am

NCB’s net income reached SR 2,703 million for first quarter of 2017

The National Commercial Bank announced that net income for the first quarter of 2017 reached SR 2,703 million compared to SR 2,631 million for the same quarter of the previous year, an increase of 2.7%,  and compared to SR 2,287 million for the previous quarter, an increase of 18.2%. Mr....

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Business & Money | Wednesday 19 April, 2017 4:16 am

Dubai Investments Real Estate Company to launch second cluster of Mirdif Hills soon

Dubai Investments Real Estate Company [DIRC], the real estate arm of Dubai Investments PJSC [DFM: DIC], has announced that the second cluster of the ‘Mirdif Hills’ project – Nasayem Avenue, which is situated at the centre of the project masterplan, will be launched for sales...

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Business & Money | Tuesday 18 April, 2017 4:34 pm

American Express headlines World Luxury Expo in Saudi capital for 5th consecutive year

The chance to test drive the Aston Martin’s latest Valkyrie sports car is just one of the many state-of-the-art experiences available at the upcoming American Express World Luxury Expo, which is being held at the prestigious Ritz Carlton in Riyadh on May 3-5, 2017 . This is the fifth year...

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Business & Money | Tuesday 18 April, 2017 6:30 am

DAMAC Properties Launches New Residential Units at AYKON City Overlooking Dubai Canal

DAMAC Properties, one of the region’s largest luxury real estate developers, has announced that it is launching new residential units comprising studios, and one, two and three-bedroom apartments in the east towers within The Residences at AYKON City, a freehold project on Sheikh Zayed Road...

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Business & Money | Tuesday 18 April, 2017 4:19 am

IGC organize “4th Saudi Insurance Symposium” in Riyadh on 30 April

Under the patronage of Dr. Ahmed Abdulkarim Al Kholifey, Governor of the Saudi Arabian Monetary Authority (SAMA), the Insurance General Committee holds the “4th Saudi Insurance Symposium” at King Fahd Cultural Center in Riyadh on 30 April and 1 May 2017....

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Business & Money | Monday 17 April, 2017 2:20 pm

New Saudi-Korean Joint Venture to establish facility in PlasChem Park

A new joint venture between Maydan Industry for Industrial Development & Investments Co. «Maydan Industry», Ahmad Kassim Al-Amoudi Group Co. Ltd. «AKA», and the South Korean technology company «SFC» was signed to establish a manufacturing plant in PlasChem...

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Business & Money | Monday 17 April, 2017 10:39 am

Saudi Labor Ministry identifies car rental suggestions

The Ministry of Labor and Social Development held a workshop in Riyadh to hear suggestions from rental-car dealership owners in a step to coordinate efforts to nationalize the industry. Deputy Minister for Private Programs Ibrahim Al-Shafi and partners and investors in the car rental activities...

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Business & Money | Monday 17 April, 2017 4:21 am

Artar takes centre stage at restatex to showcase luxury downtown dubai residential tower

One of Saudi Arabia’s leading real estate developers is preparing to play a major role in Restatex, the Riyadh Real Estate and Urban Development Exhibition later this month with a showcase of its first UAE venture. ARTAR Real Estate Development will bring their Mada Residences project to...

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