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Eye of Riyadh

‘Unemployment, inflation rise due to faulty policies’
Business & Money | Sunday 5 April, 2015 7:52 am
False Saudization rates boost unemployment and negatively influence Saudi citizens, warned economists in the Kingdom.Dr. Abdul Hamid Al-Omari, a member of the Saudi Economic Association, criticized decisions of the Ministry of Labor, which he claimed were difficult to understand and didn’t...
27 Saudi families stranded abroad ‘brought home’
Business & Money | Sunday 5 April, 2015 7:51 am
The Saudi Welfare Society for the Sponsorship of Saudi Families Abroad (Awasser) said it has managed to bring home 27 Saudi families (comprising 67 members) which were stranded abroad.They were brought back to the Kingdom last year after the formal procedures that included correcting their status...
Bank lending to Saudi private sector records healthy growth
Business & Money | Sunday 5 April, 2015 7:00 am
Bank lending to the Saudi private sector recorded a healthy growth in February, according to economic researchers.Economic data was strong for February, reflecting the impact of the royal decrees issued in January, stated the Saudi Chartbook of April 2015, released by Jadwa Investment.Cash...
CBC Abu Dhabi celebrates 10 years of success
Business & Money | Saturday 4 April, 2015 1:48 pm
The Canadian Business Council Abu Dhabi will be hosting its Annual Gala, the Maple Leaf Ball, on Thursday April 16, 2015 marking its 10th Anniversary. The notable black tie event sponsored by Qasimi Law Partners, AECOM, Apparel Group, Etihad Airways and supported by Park Rotana Hotel and Iris...
Messe Frankfurt Middle East consolidates position with new name
Business & Money | Saturday 4 April, 2015 10:56 am
With a new name and a renewed focus on the burgeoning Middle East market, Messe Frankfurt Middle East (formerly Epoc Messe Frankfurt) is set to further consolidate its position as one of the region's foremost trade fair and conference organisers.Having recorded an impressive 22 per cent...
Food supply remains unaffected
Business & Money | Saturday 4 April, 2015 10:46 am
Operation Decisive Storm is not raising the prices or delaying the import of food into the Kingdom, traders said here recently.They reportedly said that imports are flowing normally through the Strait of Bab El-Mandeb, which connects the Red Sea with the Gulf of Aden.They dismissed predictions that ...
Technical skills winners to represent KSA in Sao Paulo
Business & Money | Saturday 4 April, 2015 10:36 am
Winners of the National Technical Skills Competition organized by the Technical and Vocational Training Corporation (TVTC) will represent Saudi Arabia in a global skills competition in the Brazilian city of Sao Paulo this year.They were awarded certificates by Riyadh Gov. Prince Faisal bin Bandar...
73% of work at Grand Mosque completed
Business & Money | Saturday 4 April, 2015 10:33 am
Construction work at the Grand Mosque in Makkah is in full swing and the projects are expected to be completed before the Holy month of Ramadan.The projects administration director, Sultan bin Aati Al-Qurashi, said 73 percent of the work has been completed.The mega projects, ordered by the late...
Casio G-Shock Celebrates Youth Talents with “Shock the World”
Business & Money | Saturday 4 April, 2015 9:56 am
The Japanese Casio Computer Co.,LTD. in collaboration with Mahmood Saleh Abbar Co., the approved agent for Casio products in the Kingdom, representer for G-Shock watches, has organized a universal festival at the Equestrian Club in Jeddah to support and sponsor outstanding local talents in the...
Aon Announces First Quarter 2015 Earnings Release and Conference Call
Business & Money | Friday 3 April, 2015 3:16 pm
LONDON – Aon plc (NYSE: AON) plans to announce first quarter 2015 results on Friday, May 1, 2015 in a news release to be issued before the market opens. Greg Case, president and CEO, will host a conference call at 7:30 am Central Time on Friday, May 1, 2015. The conference call will be...
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