Environment & Energy | Tuesday 9 February, 2016 2:25 am

Conserve water & power, says Riyadh governor

Riyadh Gov. Prince Faisal bin Bandar on Sunday called for conservation of water and electricity, even as the Water and Electricity minister said Saudi Arabia will need an investment of SR500 billion for power projects over the next 10 years to cope with rising demand.  “Water and...

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Business & Money | Monday 8 February, 2016 3:37 pm

Majid Al Futtaim to Invest SAR14 Billion to Develop Two World Class Mall Concepts in Riyadh

Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa (MENA), has today announced plans to develop two new landmark shopping malls in Riyadh, which will see a series of luxury international fashion brands, as well as unique entertainment and ...

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Business & Money | Monday 8 February, 2016 2:46 pm

Unilever wins 2015 King Khalid Award for Sustainability initiatives in the Kingdom of Saudi Arabia

Binzagr Unilever Limited, the Saudi Arabian arm of one of the world’s leading FMCG companies, has won a brace of awards for its corporate social responsibility and commitment to sustainability towards the end of 2015. The brand has scooped the King Khalid Award in the “Responsible...

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Business & Money | Monday 8 February, 2016 4:57 am

Prince Faisal launches projects worth SR100m

Madinah Gov. Prince Faisal bin Salman launched a series of charity and developmental projects during his recent visit to Khaibar Province at costs exceeding SR100 million. They included municipal projects at Khaibar, Al-Salsah and Al-Ashash Municipalities at a cost of SR16 million, SR50 million...

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Tourism & Hospitality | Monday 8 February, 2016 4:06 am

Expansion of airports on track: GACA chief

Work on developing and modernizing the Kingdom’s 27 airports is ongoing and is expected to be completed within the next five years, according to Sulaiman Al-Hamdan, president of the General Authority for Civil Aviation (GACA). “Our goal is that our airports should be in a position...

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Business & Money | Monday 8 February, 2016 3:04 am

Alinma Bank attracts King Saud University graduates

Alinma Bank recently participated in the annual King Saud University Career Week, where interest in the bank, its employment opportunities, training, products and services was strong. The event was held under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, and...

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Business & Money | Sunday 7 February, 2016 1:13 pm

SEDCO Capital Sweeps Saudi Asset Manager of the Year Award

SEDCO Capital, a leading Saudi asset management firm, was recognised as the "Saudi Asset Manager of the Year" at the 2016 MENA Fund Manager Fund Services Awards held earlier at the Ritz-Carlton DIFC in Dubai.    The MENA Fund Manager Performance Awards recognised and...

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Business & Money | Sunday 7 February, 2016 9:40 am

AlJazira launches Finance University Tuition Fees’ plan

Within the plan of expansion to enlarge their services in social responsibility programs to develop banking solutions that are compatible with Islamic Shariah laws, Bank AlJazira announced launching the “Finance University Tuition Fees at its Cash Value” in the end of the third quarter...

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Tourism & Hospitality | Sunday 7 February, 2016 6:37 am

Prince Sultan shares King Salman’s personal life at Janadriyah seminar

Custodian of Two Holy Mosques King Salman takes pride in his religion and his country, according to Prince Sultan bin Salman, Saudi Commission for Tourism and National Heritage (SCTH) chairman. “King Salman lives his life in a confident and reassuring balance of Islamic values and ethics....

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Tourism & Hospitality | Sunday 7 February, 2016 4:46 am

German Companies Share Innovations to Drive Kingdom’s Economy at Janadriyah Festival

German companies are sharing best practices in innovation to drive the Kingdom’s growth and youth development, exhibitors announced today at the Janadriyah Festival.   At this year’s Janadriyah Festival, Germany is the country of honor under the theme of the “Land of...

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