25 Dhu al-Qi'dah 1445 - 2 June 2024
    
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Eye of Riyadh

Twitter Announces Faster, Easier & More Expressive Tweets
Business & Money | Wednesday 25 May, 2016 10:37 am
Twitter today announced it will simplify Tweets in the coming months, making it faster and easier for people to express themselves with more room in their 140-character Tweets. The simplified Tweet rules will make conversations faster and more intuitive for people who come to Twitter everyday and...
Keolis to operate Shanghai metro line 8-3,  the city’s first automatic metro
Business & Money | Wednesday 25 May, 2016 10:32 am
Shenkai, the joint venture between Shanghai Shentong Consulting (51%) and Keolis (49%), is confirmed as the future operator of phase 3 of Shanghai’s existing metro line 8 (also known as Line 8-3), following the signing of a contract with Shanghai Shentong Metro Group on 27 April 2016. The...
Saudi-Egyptian alliance on $3.6 billion property project
Business & Money | Wednesday 25 May, 2016 5:28 am
The $3.6 billion Mountain View iCity has been announced, Egypt’s biggest upcoming project that is a joint venture between the Egyptian Mountain View and Saudi Sisban Holding. The venture has been billed as a boost to investment relations between the two nations. “Today we are...
Saxo Bank announces landmark partnership with Lufax
Business & Money | Wednesday 25 May, 2016 2:29 am
Saxo Bank, the online multi-asset trading and investment specialist, has today announced a new white label partnership with Lufax, China’s largest internet finance company.   The partnership, expected to launch within the next three months, will see Lufax leverage the trading...
Paris Gallery Opens first store in the Sultanate of Oman A signature shopping experience
Business & Money | Wednesday 25 May, 2016 2:00 am
In the presence of His Excellency Sayyed Saud Bin Hilal Bin Hamad Al Busaidi, Minister of State and Governor of Muscat, Mr. Mohammed Abdul Rahim Al Fahim, CEO of Paris Gallery Group of Companies, and Mr. Salim Bin Abdullah Al Rawas, Chairman of Oman Luxury LLC, VIP guests and valued members of the...
Peter Brun appointed as Chief Communications Officer for VFS Global
Business & Money | Tuesday 24 May, 2016 1:02 pm
In line with the company’s ongoing growth and its further expansion plans, VFS Global has appointed Peter Brun, a senior communications and media professional, as Chief Communications Officer effective 01 July 2016.  In this role Peter will be responsible for Corporate Communications,...
DUBAI Inaugurates The First Smart Recycling Centre in GCC
Business & Money | Tuesday 24 May, 2016 12:54 pm
Averda and the Municipality of Dubai have commissioned the first Smart Recycling Centre in Dubai, the first project of its kind across the GCC. The Centre is located in Al Manara Center parking, Al Safa 2 and high ranking officials of Dubai Municipality and Averda have attended its...
GOIC signs a Memorandum of Understanding with ASTM
Business & Money | Tuesday 24 May, 2016 12:46 pm
The Gulf Organization for Industrial Consulting (GOIC) signed a Memorandum of Understanding (MoU) with ASTM, globally recognized leader in the development and delivery of international standards and technical information. The MoU aims at fostering cooperation and coordination between the two...
Centrepoint Launches Special Gift Zones in-Store For Ramadan
Business & Money | Tuesday 24 May, 2016 12:28 pm
Centrepoint has a fabulous collection of season’s gifts that are perfect for this Ramadan. The region’s largest family fashion retailer has created an exclusive Gift Zone in-store; stocked with delectable gift sets, home accessories, and bath and body ranges that not only make Ramadan...
Henkel reports good sales and earnings performance in first quarter
Business & Money | Tuesday 24 May, 2016 12:13 pm
Düsseldorf – “Henkel had a good start into the fiscal year 2016. We further grew sales and earnings and significantly increased adjusted return on sales to 16.8 percent. All three business units contributed to the overall good performance. We delivered strong organic growth again...
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