21 Jumada I 1445 - 5 December 2023
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Eye of Riyadh

Kingdom’s Business and Finance Leaders Support Euromoney
Business & Money | Monday 4 May, 2015 1:49 am
Some of the Kingdom’s most important companies, along with the world’s leading financial institutions, are supporting the upcoming Euromoney Saudi Arabia Conference, set to take place in Riyadh next week. The event, which is co-hosted with the Ministry of Finance, is celebrating its tenth year...
DAMAC Properties to Launch Luxury Retail Strip at ATM to Support Residents and Tourists at AKOYA Oxygen
Business & Money | Monday 4 May, 2015 1:05 am
‘Vista Lux’ Includes a Luxury Shopping Arcade, Hydroponic Café and the Region’s First Rainforest; Luxury real estate developer DAMAC Properties is to unveil details of its ‘jewel in the crown’ lifestyle and retail strip running through the centre of its luxury living community, AKOYA...
APSCO honors its clients in Saudi Arabia
Business & Money | Sunday 3 May, 2015 2:03 pm
Arabian Petroleum Supply Company (APSCO) honored its clients during its annual ceremony, which held every year for meeting clients and reviewing their performances, as well as honoring them.In this year's ceremony, which was held in Jeddah recently, a large number of Mobil Oils dealers and...
Giant tunnel-drilling machine for Riyadh metro launched
Business & Money | Sunday 3 May, 2015 1:28 am
A giant tunnel-boring machine (TBM) for the Riyadh metro was launched in Riyadh recently.Launching the TMB at a meeting here, Riyadh Gov. Prince Faisal bin Bandar said it would speed up the metro work.Seven TMBs have been manufactured especially for the project, and will create tunnels of 35 km in...
New ‘Damas Collections’ Store Adds Sparkle to Nakheel Saudi Arabia
Business & Money | Sunday 3 May, 2015 12:59 am
Damas, the Middle East's leading jewellery and watch retailer, celebrates the opening of its new Damas Collections store in Nakheel, Saudi Arabia. The store’s design reflects the brand’s new global strategy and direction, offering discerning jewellery enthusiasts in the country a range of...
KPMG Al Fozan & Al Sadhan to host a breakfast session on International Financial Reporting Standards 9
Business & Money | Sunday 3 May, 2015 12:57 am
The International Accounting Standards Board (IASB) completed the final element of IFRS 9 Financial Instruments in July 2014 and the new Standard will come into effect on 1st of January 2018 with early application permitted.With the effective date of IFRS 9 approaching, KPMG Saudi Arabiais hosting...
Qatar Rail Hosts Industry Awareness Day for the Private Sector
Business & Money | Sunday 3 May, 2015 12:19 am
Under the patronage of His Excellency Sheikh Abdullah bin Nasser Al Thani, Prime Minister and Minister of Interior, Qatar Railways Company (Qatar Rail), the company overseeing the construction of the Qatar’s integrated railway network, is hosting an industry awareness day on May 7th to meet with...
DAMAC Properties Launches Nova Hotel Villa Concept at ATM
Business & Money | Saturday 2 May, 2015 2:14 pm
An Exciting New Experience in Luxury Hospitality within AKOYA Oxygen Goes on SaleDAMAC Properties has launched its first hotel villa concept within the aspirational AKOYA Oxygen community in Dubai.The luxury real estate developer has made its Nova Hotel Villas available at a starting price of just...
Business & Money | Saturday 2 May, 2015 12:33 pm
Supporting its role as a hub for international investments and facilitating local production of the Kingdom’s food needs, the Mamee TGU Factory Co. (MAMEE TGU), which is a joint venture between Mamee-Double Decker (M) Sendirian Berhad (MAMEE) and Top Golden Universe (TGU), has laid the foundation ...
Saudi Aramco to be restructured
Business & Money | Saturday 2 May, 2015 12:20 pm
The Kingdom has approved the restructuring of Saudi Aramco, a move that will see it separated from the Petroleum Ministry.The Kingdom’s Supreme Economic Council approved the restructuring plan that had been proposed by Deputy Crown Prince Mohammed bin Salman, second deputy prime minister and...