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Eye of Riyadh

The Arab Women in Leadership Summit raises the bar for women professionals in the GCC
Business & Money | Tuesday 22 September, 2015 1:46 pm
The 2nd Edition of the Arab Women in Leadership and Business Summit organized by MICE Quotient has concluded with an inspiring message for women in the UAE. The event, held in Dubai recently, was organised with the support of Dubai SME as the official Government Partner and sponsored by ADIB...
Social media frenzy ‘hurting Saudi market sentiment’
Business & Money | Tuesday 22 September, 2015 9:33 am
 A top Jeddah-based economist has cautioned Saudi stock market investors against being influenced by rumors spread by social media. “Social media keeps us connected. But there is a negative side,” said Basil Al-Ghalayini, CEO of BMG Financial Group. Al-Ghalayini and Sami A....
Food and water availability at holy sites assured for pilgrims
Business & Money | Tuesday 22 September, 2015 9:29 am
The municipality of Makkah has made sure that all pilgrims are provided with enough food and water and other needs during the five or six days that they will be performing Haj. “The municipality has designated 643 locations in Mina as well as in Arafat and Muzdalifa where the pilgrims could...
Mashaer users can be increased to 500,000
Business & Money | Tuesday 22 September, 2015 9:25 am
The number of Al-Mashaer Train passengers can be increased to 500,000 when necessary and there are contingency plans in place for this purpose, according to Abdullatif Al-Asheikh, Minister of Municipal and Rural Affairs. All departments in the ministry are ready to provide top-notch services to...
King Salman and Saudis ‘compete to serve pilgrims’
Business & Money | Tuesday 22 September, 2015 4:39 am
Dean of the Diplomatic Corps in Saudi Arabia Dya-eddin Said Bamakhrama, ambassador of Djibouti, has hailed the security and the stability along with welfare that Saudi Arabia provides for the pilgrims. Speaking from Mount Arafat,  Bamakhrama said Saudi Arabia enhances development in...
Middle East Cities turn to Metro as Traffic Congestion Grows
Business & Money | Monday 21 September, 2015 4:30 pm
Under the patronage of H.E Dr. Abdullah Bin Mohammed Belhaif Al Nuaimi, Minister of Public Works Chairman of the Federal Transport Authority, the 11th Annual MENA Rail & Metro Summit will be held from 5-7 October 2015 at The Address Marina, Dubai His Excellency Dr. Abdullah...
GITEX Shopper celebrates 25th edition with AED 3 million in prizes
Business & Money | Monday 21 September, 2015 4:11 pm
Packed with cutting-edge gadgets at unmatched prices, the biggest names in consumer technology and a record number of prizes, the 25th edition of GITEX Shopper is set to be the best ever in the show’s history.   Taking place from 3 - 10 October 2015 at Dubai World Trade...
Back-to-school spending increases for 63% of parents in Saudi Arabia
Business & Money | Monday 21 September, 2015 2:08 pm
Just under two-thirds (63%) of school parents in Saudi Arabia claim their back-to-school spending has increased by 5-10% in 2015 compared to the previous year.   Data released by YouGov from parents interviewed in the Kingdom of Saudi Arabia in the run up to the new academic school...
With total sales of AED 500 million, Mazola discusses expansion plans and factory upgrades.
Business & Money | Monday 21 September, 2015 1:22 pm
Mazola has pioneered good health and healthy eating through its range of cooking products for over 100 years and across the GCC, total consumer sales amount around AED 500 million. Each of Mazola’s products is designed to deliver the healthiest and purest experience for the customers which is ...
Seven KSA supercomputers in Top 500 list
Business & Money | Monday 21 September, 2015 6:14 am
Seven supercomputers from Saudi Arabia are on the latest list of the world’s 500 most powerful machines. Three of them — Makman, Faris and Makman-2 — belong to Saudi Aramco. Two supercomputers — Shaheen and Shaheen II — are located at King Abdullah University of...
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