Business & Money | Sunday 20 September, 2015 1:30 pm

Hypermarket success in Qatar sees Saudia Group foray into the UAE market

As part of its wider growth plans, Saudia Group, a Qatar-based supermarkets and hypermarkets conglomerate, is entering the UAE market with the opening of Kenz Hypermarket in Ajman, UAE. Offering a wide range of products from food, home and kitchen essentials to apparels and footwear, Kenz...

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Business & Money | Sunday 20 September, 2015 1:27 pm

Based on the Recurring Successes of her Companies across the Region

Media personality Nashwa Al Ruwaini, CEO of Pyramedia Production Company has once again won Forbes- Middle East magazine’s Most Powerful Arab Women Award 2015. The impressive awards ceremony, which marks the third annual ranking of its kind, was held in Dubai and attended by an elite group of ...

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Business & Money | Sunday 20 September, 2015 1:08 pm

Amana Capital Becomes the Official Sponsor of Saudi Ettifaq Football Club

Amana Capital, the leading Financial Group in the Middle East, announced that it has signed an official sponsorship agreement for the 2015-2016 season with Ettifaq Saudi Club which is known to be one of the inveterate football teams in the Kingdom. The agreement has been signed under the...

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Business & Money | Sunday 20 September, 2015 12:54 pm

The annual Product of the Year Innovation Seminar 2015

Every year, the biggest brand names from across the gulf gather under one roof to recognize the most innovative products at the Product of the Year Awards (POY). The prestigious award rewards innovation in the FMCG sector, by allowing the customers themselves to vote and select winners. And every...

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Business & Money | Sunday 20 September, 2015 4:36 am

Printing sector needs skilled Saudi workers

The government needs to ensure that more Saudis are trained to meet the growing demand for skilled workers in the printing sector, said members of the Jeddah Chamber of Commerce and Industry (JCCI) recently. While local printing presses are employing women to move out of the Red Zone of the...

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Business & Money | Sunday 20 September, 2015 3:43 am

Shaker Group & LG Electronics reaffirm strong partnership in Saudi market

In line with its leading role and outstanding performance in the Saudi market, Shaker Group, the sole distributor of LG Air Conditioners in Saudi Arabia for more than 20 years, reaffirmed the strong partnership by renewing the agreement contract with LG Electronics for the LG- Shaker Factory in...

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Business & Money | Saturday 19 September, 2015 3:31 am

Boards of GCC businesses becoming more professional

Businesses across the GCC are increasingly adopting more rigorous corporate governance standards and are becoming more transparent in their communications to win deeper public trust, and the shift is being driven by chairmen and more professional boards.   The issue of building more...

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Business & Money | Saturday 19 September, 2015 12:41 am

South Korea Ministry Signs TD-LTE Cooperation Agreement with China Mobile and ZTE

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, announced the signing of a cooperation agreement on TD-LTE technology with China Mobile Research Institute and South Korea’s...

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Business & Money | Friday 18 September, 2015 5:28 am

Nasser appointed Saudi Aramco CEO

 Long-serving Saudi Aramco executive Amin Hassan Nasser was on Thursday appointed as the president and chief executive officer of the world’s largest energy company. The decision was announced during the first meeting in Jeddah of the recently constituted Saudi Aramco Supreme Council...

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Business & Money | Friday 18 September, 2015 4:27 am

Prince Faisal opens Holy Qur’an Expo

Rare manuscripts of the Holy Qur’an were displayed at an exhibition inaugurated by Madinah Gov. Prince Faisal bin Salman early this week. The event was sponsored by the Simaya Group in cooperation with the Ministry of Islamic Affairs in Madinah. Following the ribbon-cutting ceremony to mark ...

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