09 Rabi' I 1444 - 4 October 2022
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Eye of Riyadh

Prince Alwaleed and Prince Charlesdiscuss investments in Riyadh talks
Business & Money | Saturday 14 February, 2015 11:47 am
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received Prince Charles, the prince of wales, and an accompanying delegation in Riyadh at Kingdom Resort.The meeting began as Prince Charles thanked Prince Alwaleed for his hospitality and warm welcome.Prince Charles and Prince...
Saudi listed retail firms’ profits rise 10% to $2.7bn
Business & Money | Saturday 14 February, 2015 11:42 am
Net profits of the listed retail firms grew by 10 percent to SR2.7 billion by the end of 2014 compared to SR2.5 billion in 2013, according to a financial report.The profit growth was mainly driven by the increased profits of five companies, namely Jarir Marketing, Saudi Automotive Services Co....
Microsoft targets more mobile-productivity app purchases
Business & Money | Saturday 14 February, 2015 11:36 am
Microsoft CEO Officer Satya Nadella has a new strategy to make the company a purveyor of popular mobile applications: Acquire them.The software company is planning over the next few months to buy mobile-productivity applications that work on Apple and Google operating systems, according to people...
NCB Capital Launches AlAhli Freestyle Saudi Equity Fund
Business & Money | Saturday 14 February, 2015 11:01 am
NCB Capital, the region’s leading wealth manager and the Kingdom of Saudi Arabia’s largest asset manager has launched the AlAhli Freestyle Saudi Equity Fund. The fund is an open-ended Shariah-compliant fund that aims to achieve superior growth in capital through a more concentrated investment...
Drowsy driving put to sleep 4,000 motorists in one year
Business & Money | Friday 13 February, 2015 7:44 am
Recent statistics released by Riyadh’s General Directorate of Traffic show that 4,000 people died because of drowsy driving in Saudi Arabia in 2014.According to a study carried out by the directorate, 70 percent of these accidents occurred on highways, 40 percent of them on the Jeddah-Madinah...
Ascott Expands Global Network with its First Foray into Fast-Growing Istanbul
Business & Money | Thursday 12 February, 2015 3:24 pm
CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has secured a contract to manage its first serviced residence in Turkey, Somerset Maslak Istanbul. Ascott's entry intoTurkey will expand the footprint of the world's largest international serviced residence...
TOH PR named official PR agency for Lifestyle engineers, Archimedia
Business & Money | Thursday 12 February, 2015 3:04 pm
TOH Public Relations, the leading GCC consumer communications agency, is pleased to announce that it has been appointed by Archimedia as its retained PR agency for 2015. Celebrating its 10th anniversary, Archimedia is the region’s leading provider of lifestyle technologies, smart homes and...
APSCO holds its annual meeting and launches its strategy for 2015 under the slogan
Business & Money | Wednesday 11 February, 2015 4:28 pm
Arabian Petroleum Supply Company (APSCO) held it annual meeting at its headquarters in the industrial city in Jeddah, with the presence of Mr. Mohammad Alireza, the Managing Director, as well as a number of senior officials of ExxonMobil led by Mr. Michel Gozer, regional sales manager, in...
Saudi Print & Pack and Plastics & Petrochem 2015 highlighted during Jeddah press gala dinner
Business & Money | Wednesday 11 February, 2015 4:04 pm
Under the patronage of the Saudi Ministry of Commerce and Industry, the 2015 Saudi Print & Pack and Saudi Plastics and Petrochem (Saudi PPPP) will take place from March 1 to 3, 2015 at the Jeddah Centre for Forums and Events. The Saudi Basic Industries Corporation (SABIC) will participate in the...
SFC holds investment opportunities seminar for 2015
Business & Money | Wednesday 11 February, 2015 1:05 am
SFC held a number of seminars covering investment opportunities for 2015 available through Permal International funds, with the participation of number of its clients. The seminars were held last week in Riyadh and Jeddah, participants received explanation by Permal funds’ managers and discussed...