Business & Money | Sunday 18 January, 2015 12:06 pm

Centaur Group Finance Launches 'Centaur Natural Resources Bond' Open to Qualified Investors in the GCC

Centaur Group Finance Ltd ("CGF") is a wholly owned subsidiary of Centaur Holdings Ltd ("Centaur"), a global investment holding company with interests and investments ranging from asset management, wealth management, private equity, venture capital, mining and natural resources and agricultural...

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Environment & Energy | Sunday 18 January, 2015 9:50 am

Adionics adapts its AquaOmnes® disruptive desalination technology to existing desalination plants and to the oil and gas industry.

Adionics is pleased to announce, while taking part in the IWS 2015 exhibition in Abu Dhabi, the launch of variants of its AquaOmnes technology for existing plants by valuing their brines and for the oil and gas industry.Adionics introduced AquaOmnes on the occasion of the last IFAT fair (Munich,...

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Business & Money | Sunday 18 January, 2015 9:43 am

Saudi banks’ profits up 10% to SR40 billion in 2014

Profits of the listed Saudi banks grew by 10 percent to hit SR40.2 billion ($10.7 billion) by the end of 2014, compared to SR36.6 billion ($9.7 billion) in 2013, according to a financial report.The National Commercial Bank (NCB) registered the highest profits at SR8.66 billion (+10.23 percent) in...

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Beauty & Style | Sunday 18 January, 2015 9:35 am

Paint the town red on Valentine’s with Smitten

Celebrating Valentine’s with babies and kids in tow? Show off that undeniable mother and child style connection with some red-hot fashion pieces from Smitten.Flattering designs are all over Smitten to help expectant mums stay confident with their new curves. From shirts and tops to sweaters and...

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Technology & IT | Sunday 18 January, 2015 1:58 am

Mobily adds AVIS Rent A Car as a strategic Neqaty Partner

Mobily added AVIS Car Rental Company as a new strategic partner in "Neqaty Program" in a step enhances the diversity of the program, which is considered the best in customer’s loyalty in the region in terms of high added value and subscribers’ constant interaction. This new addition comes as a...

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Business & Money | Sunday 18 January, 2015 1:45 am

Google chief Eric Schmidt to visit Riyadh for the eighth Global Competitiveness Forum

Among the experts speaking at this year’s Global Competitiveness Forum is Eric Schmidt, the executive chairman of Google, who will be delivering a key note speech on the opening day of the Riyadh event, on 26 January. The Global Competitiveness Forum (GCF) is the most important of the Kingdom’s ...

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Business & Money | Saturday 17 January, 2015 3:02 am

Alwaleed commended for Korean investments

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received at his office Lee Myung-bak, former president of Korea and an accompanying delegation. The delegation included Yoon Jeung-hyun, former minister of finance and economy, Hong Seok-woo, former minister of Knowledge Economy, ...

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Culture & Education | Saturday 17 January, 2015 2:59 am

Colorful start to Souk Okaz

Souk Okaz has organized a beauty contest and race for Arabian horses on Saturday, it was announced here on Friday.This is one of many highlights at the top tourist attraction. There have already been performances of the Ardah dance by the Bahra and Renia folklore teams, with 100 artists, on...

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Environment & Energy | Saturday 17 January, 2015 2:57 am

KSA captures 15% of Arab green building projects

Saudi Arabia has captured 15 percent of the green building projects in the Middle East, Faisal Al-Fadl, head of the Initiative of Custodian of the Two Holy Mosques for Green Building, told media.The Kingdom currently has more than 300 projects out of 2,000 green projects spread throughout the...

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Culture & Education | Saturday 17 January, 2015 2:55 am

Translation awards ‘build bridges between nations’

The winners of the annual King Abdullah International Award for Translation (KAIAT) have praised Custodian of the Two Holy Mosques King Abdullah for helping to unite people across religious and cultural divides.These comments were made on the sidelines of the awards ceremony in Geneva on Thursday...

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