Business & Money | Tuesday 11 October, 2016 3:32 am

DAMAC Properties Offers Investors the Best of Both Worlds with Diverse Hotel Apartments Offering

DAMAC Properties today announces the new release of units in DAMAC Maison Privé, waterfront hotel apartments in the Burj area with direct views of Business Bay’s marina. The leading luxury real estate developer is providing the opportunity for investors to own a luxury hotel apartment...

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Business & Money | Tuesday 11 October, 2016 2:20 am

CASHU enters strategic partnership with Bank Albilad

Bank Albilad, announced its strategic partnership with CASHU to develop innovative payment products and services for the Kingdom’s fast growing electronic payments market. Bank Albilad will leverage CASHU’s payment technology, digital assets and wide vendor network to deliver new...

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Government | Tuesday 11 October, 2016 1:29 am

GCC uniform deal on VAT, selective tax a step closer

The Council of Ministers on Monday authorized minister of finance or his deputy to discuss two draft uniform agreements on value added tax (VAT) and selective tax for Gulf Cooperation Council (GCC) states. Custodian of the Two Holy Mosques King Salman chaired the weekly session of the Cabinet at ...

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Business & Money | Monday 10 October, 2016 4:25 pm

Siemens partners with GMIS to drive new generation of sustainable industrialisation

Siemens will partner with the United Nations-backed Global Manufacturing and Industrialisation Summit (GMIS), to lead the development of a new generation of sustainable industry, which plays an active role in tackling global issues. Taking place in March 2017 in Abu Dhabi, UAE and co-hosted by...

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Business & Money | Monday 10 October, 2016 3:20 pm

In line with Saudi Vision 2030 Hajj 1437 Enters World Guinness Book

As part of its Corporate Social Responsibility strategy, Nahdi, Saudi Arabia's leading retail pharmacy chain, dedicated its capabilities to serve the pilgrims this year. This falls directly in line with the Kingdom’s 2030 vision, which calls for the provision of all means of comfort and...

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Environment & Energy | Monday 10 October, 2016 5:25 am

Kingdom emerges third globally in ethylene output

Saudi Arabia maintained its leading position as the third largest producer of ethylene worldwide after the United States and China, with 17 million tons annually in 2016, and $17 billion average sales per year. Saudi Basic Industries Corporation (SABIC) comes in the second place in the global...

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Business & Money | Monday 10 October, 2016 4:22 am

Haqbani meets Portuguese official

Minister of Labor and Social Development Mufrej Al-Haqbani met on Wednesday with José Luís Carneiro, Portugal’s secretary of state for communities abroad, at his office in Riyadh. They explored issues of common interest and ways to enhance bilateral cooperation in the fields of...

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Business & Money | Monday 10 October, 2016 3:17 am

Largest-Ever GULFOOD Manufacturing Attributed to DUBAI’S Industrial Strategy Vision

The third edition of Gulfood Manufacturing, the Middle East’s biggest food manufacturing, processing and packaging, logistics and materials handling exhibition, will return to Dubai World Trade Centre (DWTC) from 7-9 November 2016 with an impressive 20 per cent larger growth compared to its...

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Government | Sunday 9 October, 2016 5:24 pm

King receives Japanese ministers

Custodian of the Two Holy Mosques King Salman received at Al-Yamama Palace in Riyadh on Sunday Japanese Minister of Economy, Trade and Industry Hiroshige Seko and Minister of State for Foreign Affairs Kentaro Sonoura and their accompanying delegation. They reviewed bilateral relations and the...

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Business & Money | Sunday 9 October, 2016 5:25 am

Ideal Driver campaign highlights awareness on road safety

Eastern Province Gov. Prince Saud bin Naif, chairman of the board of trustees of the Ideal Driver Award, launched on Saturday the website and an awareness campaign for the prize in its third season. The competition is organized by the Committee of Traffic Safety in the Eastern Province, along with ...

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