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Eye of Riyadh

DAMAC Properties Introduces AKOYA Imagine Targeting Millennials
Business & Money | Sunday 3 July, 2016 12:06 pm
DAMAC Properties today unveiled AKOYA Imagine, a cluster of homes surrounded by the lush greens and fairways of the international golf course. Set at the heart of the AKOYA Oxygen master development, AKOYA Imagine presents a collection of colourful villas aimed at young couples and families,...
 Hyundai Heavy discusses joint project with Saudi minister
Business & Money | Sunday 3 July, 2016 11:53 am
Hyundai Heavy Industries (HHI) is expected to enjoy another boost with its joint construction projects building turbine engine plants and shipyards in Saudi Arabia. Korea Times reported that HHI Chairman Choi Gil-seon and President Kwon Oh-gap met Saudi Energy Minister Khalid Al-Falih in Seoul to...
French see business opportunities in KSA
Business & Money | Sunday 3 July, 2016 11:49 am
French media outlets unanimously agree that Deputy Crown Prince Mohammed bin Salman’s visit to France on June 27-28 represented a turning point in the strategic partnership between the two countries. During the visit, Prince Mohammed shared Vision 2030, the reform program he architected...
Bentley and Shell Announce Global Framework Agreement
Business & Money | Sunday 3 July, 2016 2:51 am
Bentley Systems, Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, today announced a new Global Framework Agreement with Shell. The agreement serves to improve Shell’s capital project construction execution through automated 4D/5D...
Investcorp and its partners complete IPO of L’azurde after steering company towards growth
Business & Money | Saturday 2 July, 2016 2:56 pm
Investcorp, a global provider and manager of alternative investment products, (“the Firm”), today announced the successful listing of its Gulf Opportunity Fund I portfolio company, L'azurde Company for Jewellery (“L'azurde” or “the Company”), on the Saudi ...
1.9m workers joined labor force in 2015
Business & Money | Saturday 2 July, 2016 8:15 am
A recent report for the Ministry of Labor and Social Development confirmed that the number of workers recruited for economic activities last year reached 1,938,080. The Riyadh region ranked first in attracting workers in agriculture, mining and oil extraction, manufacturing, construction, and...
Kingdom’s logistics industry ‘undergoing major expansion’
Business & Money | Saturday 2 July, 2016 8:10 am
Messe Frankfurt Middle East, one of the region’s largest exhibition organizers, is expanding its regional reach with the announcement of the inaugural Materials Handling Saudi Arabia 2016.  The two-day conference and exhibition will take place from Nov. 28-29 in Jeddah, offering...
Haj safety: Hi-tech bracelets for all pilgrims introduced
Business & Money | Friday 1 July, 2016 7:58 am
THE Kingdom will introduce electronic identification bracelets for all pilgrims to Makkah starting this year, Saudi media said on Thursday, as part of a safety drive a year after the annual Islamic rite suffered its deadliest disaster in a generation. Scores of people died in a crush when...
First Makkah pact signed under Saudi Vision 2030
Business & Money | Friday 1 July, 2016 6:55 am
Makkah Gov. Prince Khaled Al-Faisal, adviser to the king, has signed the region’s first agreement under Vision 2030, to supply water to Taif’s new international airport. The National Water Company (NWC) and the General Authority for Civil Aviation (GACA) inked the pact at the...
Arabian Oud Offers Job Opportunities for Saudi Students at its International Branches
Business & Money | Thursday 30 June, 2016 3:01 pm
Arabian Oud, the world’s largest retail chain specialized in oriental perfume, launched an initiative that aims at supporting Saudi Scholarship Students, through offering them job opportunities at Arabian Oud’s International stores. This initiative has already started at Arabian Oud...
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