Business & Money | Thursday 3 December, 2015 1:30 am

New dad Zuckerberg vows to give away Facebook fortune

Facebook co-founder Mark Zuckerberg has announced he is a dad and pledged to give away his fortune to make the world a "better place" for baby daughter Max and others. In a letter to Max posted on his Facebook page, Zuckerberg and wife Priscilla Chan said they were going to give away...

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Business & Money | Thursday 3 December, 2015 1:12 am

GOIC Announced Keynote Speakers for 1st Gulf Metrology Forum

GOIC announced today the keynote speakers for the 1st Gulf Metrology Forum to be held in Doha, Qatar, 14-15 December 2015.The first Gulf metrology forum is a meeting of experts in metrology in the GCC seeking to plan for the future of this vital sector, which will showcase ideas and best-practices...

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Business & Money | Wednesday 2 December, 2015 4:08 pm

World Islamic Banking Conference (WIBC) gathers global Islamic financial ecosystem in Bahrain

His Royal Highness Prince Khalifa bin Salman Al Khalifa, the Prime Minister has deputized H.E Rasheed Al Maraj, the Governor of the Central Bank of Bahrain, to open the 22nd Annual World Islamic Banking Conference (WIBC) at Gulf Hotel today. Considered as the leading compass for the Islamic finance ...

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Business & Money | Wednesday 2 December, 2015 3:30 pm

SEDCO Holding Group Scoops 2015 CSR Saudi Arabia Award

 In recognition of the impactful results of ‘Riyali’, SEDCO Holding Group was granted the “Best CSR Impact Initiative” award at the CSR Saudi Arabia 2015 Summit. Held in partnership with the Jeddah Chamber of Commerce and Industry, the Summit runs and addresses...

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Business & Money | Wednesday 2 December, 2015 12:16 pm

Aon develops new French flood model

Impact Forecasting, Aon Benfield’s catastrophe model development team, has developed a French flood scenario model in conjunction with reinsurer SCOR to better understand and prepare for the potential cost of a flood impacting the country’s major cities. Aon...

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Business & Money | Wednesday 2 December, 2015 11:17 am

DAMAC Versace Tower and GROHE re-define glamour and superiority

Reflecting the core values of minimalism, modernism and functional excellence, GROHE, the leading bathroom fittings manufacturer, embellished the luxurious DAMAC Versace Tower in Down Town Beirut.    Perfectly situated at the heart of Beirut, DAMAC Tower is designed by Versace, the...

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Business & Money | Wednesday 2 December, 2015 10:55 am

Bank ALBILAD “ENJAZ” Partners with TRANSFAST to Facilitate Remittance Services to India

Enjaz, the remittance arm of Bank Albilad that offers the best international remittance service in the Kingdom of Saudi Arabia, is announcing their strategic partnership with Transfast. Together both partners will serve the remittance requirements of their valued clients and assist them to send...

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Business & Money | Wednesday 2 December, 2015 4:32 am

Efforts on to ensure best biz practices

It is important to create an appropriate work environment for businessmen and workers through cooperation and information exchange to support inspection campaigns, Labor Minister Mufrej Al-Haqabani said in Riyadh on Tuesday. He also stressed the importance of the Council of Economic and Development ...

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Business & Money | Wednesday 2 December, 2015 3:37 am

Big Data Analytics Shaping The Telecom Sector

With the proliferation of technology and the rapid adoption of devices in an organization, all business functions generate an immense amount of data. The explosion of data is bound to continue and grow exponentially in the next few years. In this scenario, organizations across sectors are investing ...

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Business & Money | Wednesday 2 December, 2015 2:33 am

Saudi-Romanian ties get a boost

The opening of the Saudi Embassy in Bucharest in September 2002 was a milestone in the relations between Romania and Saudi Arabia with the exchange of high profile visits from both sides, said a source from the Saudi Ministry of Foreign Affairs (MOFA). Romanian Ambassador Mihai Coman, hosted a...

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