Business & Money | Saturday 8 July, 2017 3:44 am

AbbVie Volunteers Renovate Nafa Charity Society Jeddah Facilities as Part of the ‘Week of Possibilities’

More than 55 volunteers from the Jeddah office of AbbVie, the global-research driven biopharmaceutical company, participated in the ‘Week of Possibilities’, the company’s global corporate responsibility program centered on education. The volunteers renovated several selected...

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Business & Money | Friday 7 July, 2017 5:04 am

MAN buses in Riyadh for the first time

At the recent UITP Global Public Transport Summit held in Montreal, Canada, the Saudi Arabian bus operator SAPTCO (Saudi Public Transport Company) and the French public transport company RATP Dev (Régie Autonome des Transports Parisiens) signed a contract for 242 MAN Lion’s City M city ...

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Business & Money | Friday 7 July, 2017 4:17 am

Cityland Group secures term loan of USD 142.74 million for construction of nature-inspired ‘Cityland Mall’

Cityland Group today announced a major financing milestone for the USD 330 Million flagship retail project - Cityland Mall - from a consortium of banks consisting of Emirates NBD as the lead bank and Burgan Bank from Kuwait. The loan, which totals USD 142.74 million in value, will be utilized...

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Business & Money | Friday 7 July, 2017 3:43 am

Shell Lubricants Saudi Arabia and Wallan Trading Company teaming up to offer best customer services

Within the general framework of cooperation between Shell Saudi Arabia and Wallan Trading Company, the authorized dealer of Hyundai cars in the Central region of Saudi Arabia, both companies teamed up to open a new “Shell Fastlube” authorized service center for Wallan-Hyundai in Riyadh. ...

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Business & Money | Friday 7 July, 2017 3:15 am

Lootah Real Estate Development Completes Handover of Units for the Award-winning Shamal Residences

Lootah Real Estate Development, one of the region’s prominent real estate developers, has begun handing over luxury units in its award-winning Shamal Residences in Jumeirah Village Circle to proud local and international buyers.   Centrally located in JVC Cluster 14, in close...

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Business & Money | Thursday 6 July, 2017 5:16 pm

Corporate Governance Forum Shines Spotlight on the Importance of Independent Boards

Corporate governance practitioners, drivers and regulators from the region gathered at the Corporate Governance Forum organised by Hawkamah recently, at Dubai International Financial Centre (DIFC). Adequate and effective corporate governance is considered by many to be a critical component in...

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Business & Money | Thursday 6 July, 2017 4:45 pm

Al Jazirah Agencies, Flynas celebrate the winner of "Trip and Car" competition

Al Jazirah Vehicles Agencies, the sole authorized dealer of Ford and Lincoln vehicles in Saudi Arabia, and Flynas, the leading low-cost carrier from Saudi Arabia, celebrated the winner of the "Trip and Car" competition which was held between May 16 and 25, 2017.   The...

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Business & Money | Thursday 6 July, 2017 5:20 am

GEMS Education to manage school in Madina

Under the patronage of His Royal Highness Prince Faisal bin Salman bin Abdul Aziz, Governor of Madinah and President of the Honorary Council of Al Boraq Education Charitable Fund, a cooperation agreement was signed between the Fund and GEMS Education to manage an international school in the Holy...

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Business & Money | Thursday 6 July, 2017 5:14 am

Nexans Wins ‘Data Centre Solution Vendor’ Award at The Integrator ICT Champion Awards 2017

Nexans, the worldwide leader in cables and cabling systems, announced that it has won the ‘Data Centre Solutions Vendor of the Year’ award at the 5th Integrator ICT Champion Awards held recently in Dubai. Nexans was recognised for the inroads it has made in the Data Centre market with...

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Business & Money | Thursday 6 July, 2017 3:53 am

Klöckner Pentaplast Completes Acquisition of LINPAC Group

The Klöckner Pentaplast Group (“kp”), announces the successful completion of the acquisition of LINPAC Senior Holdings Limited and its direct and indirect subsidiaries. LINPAC is a prominent film producer and converter for food packaging in Europe. The transaction creates a...

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