Business & Money | Saturday 21 January, 2017 1:59 am

Bahri declares net profit of SR1.76b

BAHRI, a global leader in logistics and transportation, announced the results of its Ordinary General Assembly meeting, held at Riyadh Marriott Hotel, while also electing a new board of directors for the next three years. Abdulrahman Mohammed Al-Mofadhi, chairman of Bahri, expressed his...

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Government | Saturday 21 January, 2017 1:53 am

King Salman congratulates Trump on swearing-in

King Salman has sent a letter to Donald Trump congratulating him on his inauguration and swearing-in as the new US president. The king, on his own behalf and that of the Saudi people, sincerely wished Trump success, and Americans more progress and prosperity. King Salman hailed the strong...

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Technology & IT | Saturday 21 January, 2017 1:42 am

Siemens shows tech for smart buildings and critical infrastructure security at Intersec 2017

Siemens will showcase a full range of Total Building Solutions at Intersec 2017, 22 to 24 January, demonstrating how building functions can be digitalized and integrated for improved security, comfort, reliability, and energy efficiency.   Functions such as fire protection, access...

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Environment & Energy | Friday 20 January, 2017 3:49 am

Saudi Arabia to become ‘major exporter’ of renewable energy

Saudi Arabia aims to become a “major exporter” of renewable energy, its energy minister has revealed.  Khalid Al-Falih said there are plans to allow for the export of cleanly produced electricity to Europe. “If the region gets connected to Europe for example, then solar...

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Business & Money | Friday 20 January, 2017 3:02 am

Bupa Arabia leads as one of the largest companies in the Kingdom for the year 2016

Bupa Arabia for cooperative insurance, the largest healthcare provider in the Kingdom, improved its position by occupying the 37th rank, ascending 7 ranks. This successful achievement ensures Bupa Arabia’s leading role in the healthcare sector as one of the top 100 brands in the Kingdom,...

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Cars & Autos | Friday 20 January, 2017 2:05 am

Haji Husein Alireza & Co Ltd unveils the all-new CX9

Haji Hussein Alireza & Co. Ltd, the exclusive dealers for Mazda cars in Saudi Arabia, launched the all-new generation of Mazda CX9.   The all- new Mazda CX9 was unveiled at a special press conference attended by Haji Husein Alireza & Co. Ltd senior executives, including Sheikh...

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Business & Money | Thursday 19 January, 2017 4:00 am

NCB’s net income reached SR 9,317 million in 2016

The National Commercial Bank (NCB) announced its record net income in 2016, which reached SR 9.32 billion compared to SR 9.09 billion for the previous year, achieving an increase of SR 228 million, with a growth rate of 2.5% compared to 2015. The Q4 net income reached SR 2.29 billion compared to SR ...

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Tourism & Hospitality | Thursday 19 January, 2017 3:50 am

Medical city hosts food trucks festival

In the past few years, food trucks has become a common phenomenon in Saudi Arabia as they have been seen in several spots around the city such as, exhibitions, forums, public areas and events in general. Additionally, food trucks have grown rapidly as a number of families have found a way to...

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Technology & IT | Thursday 19 January, 2017 3:20 am

Samsung Continues Air Conditioning Leadership with 360 Cassette

Samsung Electronics Co. Ltd. participated in the HVACR Expo that took place IN Jeddah between the 16th and 18th of January 2017. During the Expo Samsung’s Saher Hilal, Head of Department at Samsung, gave a lecture to increase awareness about the all-new 360 Cassette that was invented to...

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Business & Money | Wednesday 18 January, 2017 3:22 pm

Kaec Hands Over Single Family Residential Land Plots in Talah Gardens Phase 3

King Abdullah Economic City (KAEC) is handing over single family residential land plots in Phase 3 of the Talah Gardens district as part of the residential projects at KAEC.   “I am proud to say that, following completion of the infrastructure work, we are handing over the land...

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