Business & Money | Wednesday 3 June, 2015 5:20 pm

CMA highlights rules for QFIs’ operations

The Capital Market Authority (CMA) explained that the Rules for Qualified Foreign Financial Institutions Investment in Listed Shares (the Rules) issued on May 4, and consisting of 29 articles allow QFIs and their approved clients to exercise all the rights related to listed shares owned by them,...

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Business & Money | Wednesday 3 June, 2015 3:16 pm

RED SEA MALL CONTINUES MARCHING TOWARDS UNIQUENESS

Marching towards Excellency and uniqueness in Saudi Arabia, Red Sea Mall has won a prestigious award and certificate in the shopping and entertainment centers. The mall won the award for the best shopping experience. The award was received in a ceremony by HRH Prince Sultan bin Salman bin Abdul...

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Business & Money | Wednesday 3 June, 2015 2:30 pm

Easy Taxi Hand in Hand with Grand Bazaar Expo 2015!

Continuing its effort in supporting women across Saudi Arabia, standing for their rights to ride safely from one place to another and believing in its aim at providing them a service that is trustworthy, Easy Taxi along with the 4th Grand Bazaar Expo have formed a partnership for women to access...

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Business & Money | Wednesday 3 June, 2015 1:35 pm

INCREASING DEMAND BOOSTS SALES FOR DEEP CASING TOOLS

Deep Casing Tools has seen an increase in demand for its casing and completion technology products. This development has resulted in sales in excess of half a million pounds this year to new clients alone. Deep Casing Tools provides a range of innovative tools designed to land casing and...

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Business & Money | Wednesday 3 June, 2015 1:18 pm

Bayt.com to Encourage Entrepreneurship and Small Business Creation in the Middle East

Bayt.com, the leading recruitment site in the Middle East, is working to empower entrepreneurs and start-ups in their business ventures by providing them with a Bayt.com Start Up Kit, 100% free of charge. Valued at over USD$1000, the kit offers start-ups access to Bayt.com’s database of over 20...

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Business & Money | Wednesday 3 June, 2015 1:18 am

Shoura discusses ways to boost Haj services in Mina

A Shoura Council committee has asked the Ministry of Haj to prepare an integrated study for the Mina holy site which will ensure smooth movement of Hajis between Mina and other holy sites and expand accommodation capacity in Mina.This came following the 44th ordinary session of the Council where...

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Business & Money | Wednesday 3 June, 2015 12:55 am

Karem Tas, the new Executive Director of Audi Saudi Arabia

For Karem Tas, appointed last month as new Executive Director of Audi Saudi Arabia, the task is "crystal simple". Not only "place Audi where it belongs... number one in the premium car segment", but also "far ahead of its competitors".The 48-year-old petroleum engineer, who started his automotive...

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Business & Money | Tuesday 2 June, 2015 4:40 pm

JP MORGAN PRIVATE BANK ON THE FUTURE OF SAUDI STOCK MARKET

What to expect with Saudi Arabia upcoming opening markets to foreign investors. According to Tara Smyth, Head of Investments for the Middle East at J.P Morgan Private Bank, “opening the Saudi Arabia market to foreign investors will be more than just an inflow of funds, it will lead to a general...

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Business & Money | Tuesday 2 June, 2015 4:07 pm

SEDCO Holding Group and AlShiaka Seal Strategic Partnership

SEDCO Holding Group, a leading Shariah-compliant private wealth management organization, acquired 40% in AlShiaka, the leading Saudi men’s outfitters specialized in designing and making men’s thobes.Anees Moumina, CEO of SEDCO Holding Group, and Walid Al Andijani, AlShiaka’s CEO, sealed the...

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Business & Money | Tuesday 2 June, 2015 2:24 pm

Mobily organized a trip for FIRNAS winners to CES-Asia 2015

Mobily has organized a trip for a group of innovation enthusiasts to CES-Asia 2015 exhibition, the first and largest consumer electronics exhibition in Asia, as part of the Mobily’s corporate entrepreneurial responsibility program known as FIRNAS.The exhibition has taken place in Shanghai-China,...

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