Business & Money | Wednesday 10 February, 2016 10:04 am

Alkhabeer Capital Launches its IPO Fund

Alkhabeer Capital, a leading asset management and investment firm in Saudi Arabia, announced today the launch of Alkhabeer IPO Fund.  The Alkhabeer IPO Fund is a Sharia Compliant, Open-Ended Investment Fund targeting IPOs and newly listed companies in Saudi Arabia during their first three...

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Business & Money | Wednesday 10 February, 2016 8:48 am

“Shareek” introduces developed lands for residence and investment on beach front

The local real estate market is currently witnessing several changes due to the directions and decisions taken in scope of developing the industry. Selling and buying transactions seem to be running on slow pace. Nevertheless, the near future will offer opportunities through experienced companies...

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Cars & Autos | Wednesday 10 February, 2016 3:41 am

2015 another record year for Maserati across the Middle East, India and Africa

Italian luxury car manufacturer Maserati has achieved its 5th consecutive record year in terms of sales across the Middle East, India and Africa (MEIA) region in 2015. While 2013 saw the launch of the new Maserati Quattroporte and 2014 the launch of the new Ghibli, in 2015 the Trident brand...

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Technology & IT | Wednesday 10 February, 2016 3:29 am

Samsung Wins BLI ‘Monochrome Printer / MFP Line of the Year’ Award For the Fourth Time

Samsung Electronics Co., Ltd., announced it has won the ‘2016 Monochrome Printer / Multifunctional Printer (MFP) Line of the Year’ Award from Buyers Laboratory Inc. (BLI) for the fourth time since 2012. BLI, the world’s leading independent evaluator of document imaging devices and ...

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Tourism & Hospitality | Wednesday 10 February, 2016 2:20 am

Middle East Residents Own World’s Longest and Most Luxurious Boats

Superyacht owners from the Middle East own the longest and most luxurious yachts in the world, according to the Superyacht Builders Association (SYBAss) whose members are participating in Dubai International Boat Show running 1 – 5 March 2016. Organisers have said that the continued demand ...

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Technology & IT | Wednesday 10 February, 2016 1:59 am

Siemens signs long-term service agreement for existing power stations in Egypt

Siemens has extended a long-term contract to provide service and maintenance, as well as component upgrades, at the Nubaria, Talkha and El Kureimat power stations in Egypt. The agreement was signed under the supervision of Egyptian Electricity Holding Company (EEHC), represented by Middle Delta...

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Government | Tuesday 9 February, 2016 9:47 pm

Morning Session in World Government Summit 2016 Offers Insight on Meditation as Way to Overcome Stress

Stress. That common feeling we experience every day, perhaps every hour at our workplace and at home. It is the nature of the mind that gives rise to most of the stress, anxiety and fear, according to Pandit Dasa, US-based speaker and meditation teacher. Dasa presented a morning session prior to...

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Business & Money | Tuesday 9 February, 2016 3:53 pm

Mobily signs International Roaming agreement with Vodafone Group for 21 country

Etihad Etisalat Mobily has Signed an international roaming agreement with Vodafone Group; as a result of this agreement, more than 21 countries around the world, where Vodafone Group has a presence, would be accessible to Mobily roaming customers. This will allow Mobily to provide its...

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Cars & Autos | Tuesday 9 February, 2016 1:35 pm

Nissan Commences Production of the Patrol NISMO at its Factory Plant in Japan

Nissan has officially announced that the Patrol NISMO production has started ahead of its planned availability in the region by March 2016. To commemorate launch of the assembly line, the auto manufacturer hosted a group of guests from the Middle East at its Kyushu Plant in...

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Business & Money | Tuesday 9 February, 2016 1:23 pm

Strategy for 2016 under the slogan “Our Customer our proud”

Arabian Petroleum Supply Company (APSCO) held its annual meeting at its headquarters in the industrial city in Jeddah, With the presence of Mr. Mohammad Alireza, the Managing Director, as well as a Prince Mohamed bin Feisal bin Abdullah Al-Saud the official racer for Al Ghassan Motor sport...

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