Business & Money | Monday 13 June, 2016 2:02 pm

Airbus Middle East and TAQNIA Aeronautics partner to launch aviation innovation challenge for Saudi youth

A nationwide hunt for the best innovators in Saudi Arabia will begin this September, following a collaboration agreement signed in Riyadh today between Airbus Middle East and TAQNIA Aeronautics, a subsidiary of Saudi Technology Development and Investment Company (TAQNIA).  The multi-phase...

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Business & Money | Monday 13 June, 2016 3:19 am

Online luxury retailer brings world’s premier luxury brands to KSA

A new online luxury fashion retail retailer, SAAF.com, has launched in the Kingdom bringing a brand new concept to women’s luxury shopping. The first luxury ecommerce site of its kind based in Saudi Arabia, with offices in Riyadh and New York City, SAAF.com’s audience encapsulates the...

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Business & Money | Sunday 12 June, 2016 3:49 pm

UD Trucks and Rolaco Trading and Contracting Holding unveil a new heavy duty truck range

UD Trucks previously known as Nissan Diesel, part of the Volvo Group in association with Rolaco Trading and Contracting Holding, its partner for the distribution of UD Trucks in the Kingdom of Saudi Arabia for more than forty years, has unveiled a range of trucks specifically built with Middle East ...

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Business & Money | Sunday 12 June, 2016 2:33 pm

Nissan-Petromin opens new showroom in Al-Madinah

 Nissan-Petromin, the newly formed partnership between Petromin and Nissan, has opened its second car dealership in Al-Madinah, Saudi Arabia. The latest showroom comes just two months after the official announcement of Petromin as the new authorized dealer for Nissan in the Kingdom of Saudi...

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Business & Money | Sunday 12 June, 2016 2:23 pm

Saudi Fransi Capital announces that 179.01% of the shares offered to the retail tranche were covered by the end of the seventh day

Saudi Fransi Capital, the financial advisor, lead manager, bookrunner and sole underwriter for L’azurde Company for Jewelry (“L’azurde”) states that the number of retail investors amounted to 283.96 thousand by the end of the seventh day. Amount subscribed reached to SAR...

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Business & Money | Sunday 12 June, 2016 2:16 pm

GCESSE Offers an Opportunity for UNIDO to Contribute and Showcase its Success Stories to the World

Due to its preparations for the Qatar National Vision 2030 and the FIFA World Cup 2022, Qatar is witnessing a huge booming in the construction sector as well as a massive increase in its population resulting in considerable indirect energy consumption for housing and...

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Business & Money | Sunday 12 June, 2016 1:48 pm

Work on Cayan’s CMC Tower Progresses Ahead of Schedule

Cayan Group, the leading property developer in the Middle East’s ongoing mixed-use commercial tower in Riyadh is nearing completion, ahead of schedule. The CMC Tower located in Riyadh, on King Fahad Road is 14 stories tall. The total cost of the CMC Tower is budgeted at SAR 100...

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Business & Money | Sunday 12 June, 2016 1:13 pm

Sales of Hotel Apartments and Residential Units in AYKON City Development Exceed 800 Units

DAMAC Properties today announced that more than 800 units of serviced hotel and residential apartments in addition have been sold in its AYKON City development located on Sheikh Zayed road and overlooking Dubai Canal. The announcement follows successful sales events DAMAC organized in Dubai and Abu ...

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Business & Money | Sunday 12 June, 2016 12:53 pm

PR Pressure Conference: The PRessure Is On

Over 50 PR agencies and in-house PR departments came together to witness the first PR Pressure conference, which took place on Wednesday, 25 May 2016, at the Dusit Thani, Dubai. The event, organised by Secret PR, marks the first of an annual series of conferences that...

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Business & Money | Sunday 12 June, 2016 12:51 pm

E-commerce in the Middle East to Experience a Significant Surge during Ramadan, says SOUQ.com

According to SOUQ.com, a combination of reduced work hours and a celebratory atmosphere means that time spent online as well as consumer spending is higher during Ramadan.  To capitalize on consumers’ increased online consumption and gifting season in the Middle East, SOUQ.com is pleased ...

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