Business & Money | Thursday 5 October, 2017 7:59 pm

The 11th edition of the Luxury Motor Show (EXCS 11) in Saudi Arabia enjoyed a large female turnout

The 11th edition of the Luxury Motor Show (EXCS11), which was held at Four Seasons Hotel in Riyadh, Saudi Arabia, achieved unprecedented success in the light of the Royal Decree allowing women to drive.  The Show main hall was overwhelmed with ladies who visited the Show to learn about the...

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Business & Money | Thursday 5 October, 2017 5:05 pm

Investors & Exhibitors Laud Success of KSA Real Estate Event

The foundation has been laid for a promising future for the real estate sector in the Kingdom of Saudi Arabia with the conclusion of the first ever Restatex Cityscape Riyadh, which saw over 6,000 participants walk through its doors. The exhibition, which was held from September 27th until the...

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Business & Money | Thursday 5 October, 2017 9:53 am

BahriBunge Dry Bulk Ltd. office inaugurated in Dubai

Following the announcement of the joint venture agreement by Bahri, a global leader in transportation and logistics, and Koninklijke Bunge B.V. (“Bunge”), a wholly-owned subsidiary of Bunge Limited, a global agribusiness and food company, the two companies recently inaugurated the...

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Business & Money | Thursday 5 October, 2017 6:36 am

KSA processing 3 applications for banking licenses

The Saudi central bank has received three applications for banking licenses and processing them is at an advanced stage, central bank governor Ahmed Al-Kholifey told a news conference on Wednesday. Another central bank official said no more bank mergers were expected. Alawwal Bank and Saudi...

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Government | Thursday 5 October, 2017 2:59 am

A turning point in Saudi-Russian relations

King Salman arrived in Moscow on Wednesday for a historic and unprecedented state visit to Russia, the first by a Saudi monarch in almost a century of diplomatic ties. The king was greeted at Vnukovo airport by senior Russian officials and a military brass band. He will have talks with the Russian ...

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Government | Thursday 5 October, 2017 2:00 am

Crown Prince donates SR16 million to Qassim charities

Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, has donated SR16 million from his own account to charitable societies in Qassim region. This was within the Project of Prince Muhammad Bin Salman to support charitable societies in all regions of the Kingdom. The money...

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Business & Money | Wednesday 4 October, 2017 2:39 pm

Gulf Industry Fair set to return in February 2018 to promote ​Eco- Industrial Development

Gulf Industry Fair 2018 (GIF), GCC’s annual industrial exhibition will be returning in 2018 with a series of events and initiatives promoting Bahrain’s dynamic industrial sector.  The 2018 annual industrial event is scheduled to take place from 6th - 8th February 2018 under the...

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Technology & IT | Wednesday 4 October, 2017 12:07 pm

ARTS Energy new Ni-MH battery to be introduced on the French pavilion at Gitex Technology Week

Hall 4 (Booth C4-37) 8-12 October 2017 at DWTC ·      International launch of a disruptive technology for Telecom & Back Up applications ·      Specific range of 10 years life battery for the Middle East...

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Government | Wednesday 4 October, 2017 6:35 am

Saudi Arabia establishes national development fund, names new ministers

Saudi Arabia announced it is set to create a new national fund in a Royal Decree early on Wednesday, the Saudi Press Agency reported. The Kingdom will establish the new ‘National Development Fund’ which will serve as an umbrella fund for existing social, industrial and agricultural ...

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Government | Wednesday 4 October, 2017 6:32 am

Saudi Arabia, Russia work together to keep energy prices stable

Senior scholars and businessmen in the capital said that the forthcoming visit of King Salman to Moscow will open new areas of cooperation with Russia and the two countries will reap mutual benefits as a result of such cooperation. Member of the Shoura Council Fayez Al-Shehri said King...

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