Business & Money | Sunday 5 June, 2016 6:29 am

UK prepares to participate in housing projects in Kingdom

The British government intends to mobilize all of its specialized entities and companies operating in the field of construction for residential units to invest in the large residential projects offered by the Kingdom, as represented by the Department of Housing in fulfillment of its “Vision...

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Tourism & Hospitality | Sunday 5 June, 2016 6:15 am

KSA targets 1.5m tourists by 2020

The Saudi Vision 2030 development initiative announced by Deputy Crown Prince Muhammad Bin Salman has rejuvenated the Kingdom’s tourism sector as the strategic plan aims to increase the revenue generated from tourism to 18 percent in the next 14 years. The vision also aims to establish an...

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Technology & IT | Saturday 4 June, 2016 3:12 pm

Mobily adds “Dairy Queen” Restaurants to Neqaty Partners

Etihad Etisalat (Mobily) announced the addition of DQ restaurant series” to the list of Mobily's Neqaty partners, thus adding a unique and important versatile addition to the program's Partners, which offers the best added value to its subscribers and is considered as one of the best...

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Business & Money | Saturday 4 June, 2016 2:24 pm

Joyalukkas opens its second showroom in Jeddah at LuLu

Joyalukkas’ commitment for growth and expansion continues in the year 2016. This year the ‘world’s favorite jeweler, has planned to open around 15 plus showrooms around the world. Joyalukkas has also started the year in the festive spirit for its customers with new exciting...

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Business & Money | Saturday 4 June, 2016 4:53 am

6% tax on expat remittances urged

The Shoura Council’s finance committee is backing a proposed tax on the remittances of expats, starting from 6 percent in the first year and gradually reducing to 2 percent permanently from the fifth year onward. The tax proposal was drafted by Hossam Al-Anqari, head of the General Auditing...

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Tourism & Hospitality | Saturday 4 June, 2016 3:56 am

Etihad Airways Equity Partners Sign Declaration to Support The Prevention of Illegal Wildlife Trade

Five Etihad Airways equity ‎partner airlines signed up to the Buckingham Palace Declaration, committing to major steps to fight illegal wildlife trafficking and efforts to help protect many of the world's iconic wildlife species. The Declaration of the United for...

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Business & Money | Friday 3 June, 2016 5:13 pm

SABIC in JV to build another petrochem complex in China

SABIC has signed a Project Development Agreement (PDA) with Shenhua Ningxia Coal Industry Group Co. Ltd. (SNCG), a subsidiary of Shenhua Group Corporation Limited, effective May 30, 2016. The PDA relates to the two parties’ potential joint development of a greenfield petrochemical complex to ...

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Tourism & Hospitality | Friday 3 June, 2016 5:11 pm

Saudia operates special flights for businessmen

Saudia Private Aviation (SPA) on Wednesday launched its Al-Bayraq flights between Riyadh and Jeddah for businessmen. This is a new product of the Saudi Arabian Airlines Company that it is offering to its customers. There will be regular flights between the two cities from 6:00 a.m. to 9:00 p.m....

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Business & Money | Friday 3 June, 2016 4:24 am

Tetra Pak Arabia Joins the World in Celebrating World Milk Day

Tetra Pak the world’s leading food processing and packaging solutions company will join the rest of the world in celebrating the 16th World Milk Day. Tetra Pak promotes the consumption of safe packaged milk all over the world. By developing and implementing awareness campaigns publicizing the ...

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Business & Money | Friday 3 June, 2016 3:11 am

MasterCard leads debate on sustainable banking, public-private partnerships at 2016 International Arab Banking Summit

MasterCard, a technology company in the global payments industry, reaffirmed its support for the Arab banking industry’s journey towards digital transformation and sustainable banking practices with its sponsorship of the “Arab Banker of the Year 2016” Award, which was held...

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