Business & Money | Wednesday 18 March, 2015 1:35 pm

The 5th Rawabi Talent Exhibit Concludes its 3rd Round in Jeddah

More than 113,000 beneficiaries since the Exhibit’s launchThe 3rd round of the 5th Rawabi Talent Exhibit was concluded in Jeddah on March the 14th in Dar Al-Thikr schools. The Exhibit has wrapped up its 3rd stop after its opening in Riyadh and Tabuk which hosted the Exhibit for the first...

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Business & Money | Wednesday 18 March, 2015 12:44 pm

FLYNAS SELECTS SITA FOR PASSENGER CHECK-IN SERVICES

Comprehensive solution will simplify airline operations and enhance passenger journey flynas, a leading hybrid carrier from Saudi Arabia, has chosen air transport IT specialist, SITA, to provide a range of passenger check-in services. The five-year, multi-million dollar agreement includes an...

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Business & Money | Wednesday 18 March, 2015 12:40 pm

Tasneef competes to strengthen its position through ME railway project

After having offered a wide range of its services from classification to quality certifications for the maritime sector, Tasneef expands its role to services for the land sector that were displayed during Middle East Rail Conference and Exhibition. Middle East Rail conference and Exhibition 2015...

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Business & Money | Wednesday 18 March, 2015 10:02 am

British Airways App Set to be a First on New Apple Watch

British Airways is set to be one of the first companies to have a specially developed app on the new Apple Watch when it launches on April 24. There will be two elements to the app to make travel even easier for customers of the airline. The 'glance' screen which appears on the Apple Watch face...

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Business & Money | Wednesday 18 March, 2015 9:55 am

Instinctif Partners Announces Continued Middle East Growth

International business communications consultancy announces new clients and new hireLeading international business communications consultancy Instinctif Partners has announced continued growth in the Middle East, with four new clients and a new hire. Instinctif Partners’ Dubai office, which...

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Business & Money | Wednesday 18 March, 2015 12:11 am

THE RICHEST REAL ESTATE TYCOONS IN THE MIDDLE EAST

Behind the projects that made the region’s property billionaires richSaudi Arabia’s Alwaleed Bin Talal Alsaud is the Middle East’s richest real estate tycoon, according to the 2015 Forbes Billionaires List. A member of the Saudi royal family, he is one of three businessmen from the region...

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Business & Money | Wednesday 18 March, 2015 12:07 am

Jadwa Investment Announces Record Results in 2014

Jadwa Investment, the leading specialist asset management and private equity firm in Saudi Arabia, today announced a fifth consecutive year of record revenues for the firm.Total revenue for 2014 amounted to SAR 358 million, an 11 percent increase over last year’s SAR 321 million and the strongest ...

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Business & Money | Wednesday 18 March, 2015 12:04 am

QNB Group successfully closes syndication of USD3.0 billion three year senior unsecured term loan facility

QNB Group has announced that it has successfully closed syndication of its USD3.0 billion three year senior unsecured term loan facility. The syndication was well supported by 20 International Banks and was over-subscribed. The new loan Facility will be used for general corporate purposes. The...

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Business & Money | Wednesday 18 March, 2015 12:00 am

GOIC signs a Memorandum of Understanding with Abha Chamber of Commerce and Industry

In an effort to support and boost industrial investments in ‘Asir RegionIn an effort to promote the industrial sector in GCC countries and in light of GOIC’s role as a house of broad expertise and know-how offering consulting services to all industrial entities in the Gulf in order to encourage ...

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Business & Money | Wednesday 18 March, 2015 12:00 am

Saudi Arabia largest investor into the Egyptian market followed by Kuwait & UAE

First Equity Partners acquires majority 67% stake in White House SecuritiesBahrain headquartered FEP is one of the largest private equity firms from the GCC investing in EgyptFEP Egypt Direct Investment and Asset Management, an affiliate of First Equity Partners (FEP), a leading private equity...

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