Business & Money | Wednesday 25 February, 2015 12:47 am

Serco consortium wins $185m Saudi rail contract

A consortium led by Serco Group has signed a contract with the Saudi Railway Company to provide management and technical support for its operations on the North South Railway (NSR).The deal, worth around 120 million pounds ($185 million) to Serco over five years, is the firm’s first major rail...

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Business & Money | Tuesday 24 February, 2015 3:40 pm

The Kingdom Smart Cities and Smart Provinces Summit to kick off tomorrow in Riyadh

We are one day away from discussing a detailed research initiative by Nispana Innovative Platforms Pvt. Ltd. The governments supportive and tireless efforts in bringing the best of innovation to the Kingdom of Saudi Arabia’s infrastructure while recognizing the need for development in terms of...

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Tourism & Hospitality | Tuesday 24 February, 2015 3:09 pm

ATM roadshow returns ‘home’ to meet key industry players ahead of 2015 showcase; Emirates’ top 10 tourism projects touch US$40 billion investment

Arabian Travel Market’s 2015 roadshow series returns to familiar home ground tomorrow (25th February 2015) as the Reed Travel Exhibitions team hosts the UAE leg of its eight city tour in Dubai.A number of exhibitors are expected to attend the open forum event, which will see ATM representatives...

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Cars & Autos | Tuesday 24 February, 2015 2:40 pm

"Ferrari FF" Di Luna debuts in Saudi Arabia

Fast Auto Technic, the exclusive dealer for Ferrari cars in Saudi Arabia, revealed an exclusive edition of Ferrari FF "Di Luna", specifically for the Saudi market. The new car offers special and exclusive features, and represents the strongest expression of individual customization for Ferrari...

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Government | Tuesday 24 February, 2015 2:20 pm

King Salman to honour winners of 37th annual King Faisal International Prize

Winners of the 37th annual King Faisal International Prize will be honoured by the Custodian of the Two Holy Mosques, HRH King Salman at a glittering ceremony at Al Faisaliah Hotel in Riyadh on Sunday, March 01.Awarded for the first time in 1979, the King Faisal International Prize (KFIP)...

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Business & Money | Tuesday 24 February, 2015 8:33 am

GCC to link traffic and business systems

The six members of the Gulf Cooperation Council (GCC) plan to link part of their traffic, business and customs systems in March to provide easier coordination and data exchange.The GCC e-government ministerial committee will formally launch its joint portal at its meeting next month. This was...

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Business & Money | Tuesday 24 February, 2015 8:28 am

New ‘fairer’ Saudization rules come into force

The Ministry of Labor has begun implementing its new Saudization monitoring rules that consider a citizen part of a company immediately and not after 13 weeks, which is aimed at protecting both parties.The new regulations came into force on Feb. 22. In addition, Nitaqat calculations would now be...

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Business & Money | Tuesday 24 February, 2015 6:25 am

“Better savings” highlighted as the top personal goal in Western Union’s “My Yellow Brick Road” campaign survey

Highlighting the attractiveness of Saudi Arabia, residents in the kingdom who responded to a Western Union survey praised the country for a variety of reasons while revealing fascinating insights into their lives in the country. Respondents to the survey commented on the peace of mind, the...

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Business & Money | Tuesday 24 February, 2015 12:08 am

IKEA Saudi Arabia’s Soft Toy for Education Campaign Raises SR300, 000 for Education

Ghassan Ahmed Al Sulaiman Furniture Trading, “IKEA Saudi Arabia,” reinforced its support for education through its Soft Toy for Education campaign, which ran from November to January, garnering approximately SAR 300, 000 for the Disabled Children’s Association (DCA).To celebrate the...

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Business & Money | Monday 23 February, 2015 3:12 pm

3rd Edition Kingdom Human Asset Management Summit gets under way in Riyadh

The 3rd Edition Kingdom Human Asset Management Summit commenced today at the Novotel Riyadh Al Anoud, Riyadh – Kingdom of Saudi Arabia under the theme 'A Step towards HR Excellence in the Kingdom'. Speaking about the summit, Stan Abraham, Sr. Producer from Fleming Gulf - organisers of the summit, ...

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