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Eye of Riyadh
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...
Work on Riyadh Metro tunnel to start in 2 months
Government | Saturday 14 February, 2015 11:29 am
Work on the tunnel for the first line of the Riyadh Metro is expected to start after two months with the arrival of the spare parts of the tunnel boring machine (TBM) imported from Germany.“The spare parts for the TBM have arrived. Assembling the TBM takes two months,” said a source whose...
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...
New campaign aims to improve fuel efficiency
Environment & Energy | Friday 13 February, 2015 8:02 am
The Saudi Center for Energy Efficiency at King Abdul Aziz City for Science and Technology (KACST) will launch a campaign to increase public awareness to reduce vehicles’ fuel consumption. The campaign will kick off Feb. 15 and will also tackle drivers’ behavior to optimize fuel use behind the...
Shoura Council calls for more judges and courts
Government | Friday 13 February, 2015 7:57 am
A drop in the number of judges and the high number of vacancies at the Justice Department has led to the accumulation of unresolved court cases, especially in the most populated regions, the Shoura Council revealed.Shoura members urged the Ministry of Justice to fill vacant jobs in judiciary, as...
Fingerprinting gains speed with more centers, mobile e-service
Government | Friday 13 February, 2015 7:55 am
Riyadh Passport Department deployed Wednesday two mobile units offering e-services at two major locations.One was in King Khaled University Hospital at King Saud University’s main campus and the other at King Saud Medical Complex (formerly Al-Shumaisy Hospital) in southeast central part of the...
Kingdom prays for rain
Government | Friday 13 February, 2015 7:51 am
On a directive from Custodian of the Two Holy Mosques King Salman, istisqa (rain prayer) was performed in all parts of the Kingdom on Monday with the participation of governors of the regions and their deputies and senior government officials. The sermons of the day pointed out that misdeeds...
Sandstorm blankets Riyadh
Environment & Energy | Friday 13 February, 2015 7:48 am
A massive sandstorm swept through the capital on Thursday, hampering visibility and causing traffic snarls and is expected to last for two days.The dust storm, caused by strong winds, also affected other parts of the country including Makkah and Madinah, Al-Arabiya reported. There has been no...
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