Business & Money | Wednesday 16 September, 2015 1:37 pm

Kanoo Machinery displays latest warehousing and storage solutions at 
Materials Handling Middle East 2015

Kanoo Machinery is participating in the highly anticipated event, Materials Handling Middle East 2015, the only dedicated show in the region for professionals from every facet of the warehousing, supply chain and intra-logistics sector, which has started on 14th September 2015 and ending today ...

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Business & Money | Wednesday 16 September, 2015 1:29 pm

BECO Capital Expects Consolidation in the Venture Capital Market in the Region

BECO Capital, a regional venture capital firm focused on technology investments in the Gulf Cooperation Council (GCC) countries, today said that the Venture Capital (VC) market has gained momentum in the last 12 months, boosted by successful fundraising by the “Big Four”, a much deeper...

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Business & Money | Wednesday 16 September, 2015 7:07 am

50,000 take part in health awareness drive

The Saudi Basic Industries Corporation (SABIC) has launched a special health awareness campaign to provide the public with information on various medical issues including drug addiction and dental problems. The eight-day Fanar SABIC for Health Program has been inundated with about 50,000 visitors...

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Business & Money | Wednesday 16 September, 2015 7:02 am

Prince Sultan bin Salman is WTO’s new vice president

Prince Sultan bin Salman, president of the Saudi Commission for Tourism and National Heritage (SCTNH), has been elected as the World Tourism Organization’s (WTO) vice president. The decision was taken on Sunday by the Middle East committee of the organization in Medellin, Colombia. The...

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Business & Money | Tuesday 15 September, 2015 4:23 pm

Arab IPO Summit starts in Dubai with widespread participation from regional financial community

Against the backdrop of the continued expansion of the regional economy and changes in the capital markets across the MENA region, the first ever Arab IPO summit organised by UMS Conferences kicked off in Dubai today with widespread participation from senior officials across capital markets, stock...

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Business & Money | Tuesday 15 September, 2015 2:18 pm

Montblanc and Samsung exalt technology by handcraft with a Montblanc Tattoo Cover Limited Edition

Montblanc and Samsung collaboration: Redefining the boundaries of the Mobile experience This new collection is the latest making of the successful Samsung and Montblanc’s partnership initiated a year ago, when the two brands introduced “fine writing into the digital world”...

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Business & Money | Tuesday 15 September, 2015 2:05 pm

The Big 5 Kuwait 2015 opens today

Emad Ahmad Tifouni, Chairman, Kuwait International Fair Company, Hussain Al-Kharafai, Chairman of the Board in KIU and Mohammed Fahhad Al-Ajmi, Acting General Director of the Public Authority for Industry inaugurated today (September 14, 2015) the third edition of The Big 5 Kuwait – the...

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Business & Money | Tuesday 15 September, 2015 1:53 pm

Castrol Signs an Exclusive Cooperative Agreement with Al Jabr Automotive

Castrol, the region’s leading provider of motor oil and lubricants, signed an exclusive cooperative agreement with Aljabr Automotive, KIA motors distributor in Saudi Arabia, at the Movenpick Hotel in AlKhobar, with the presence of Haitham Badaoui, Managing Director at Castrol, and...

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Business & Money | Tuesday 15 September, 2015 1:38 pm

Saudi Fransi Capital initiates coverage on Ma’aden with "Hold" rating

Saudi Fransi Capital launches research coverage on Saudi Arabian Mining Company (Ma’aden) with a "Hold" recommendation and a 12-month target price of SAR 32.50. Weak commodity prices are expected to lower revenues by -18% for second half of 2015, while rising depreciation will hurt...

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Business & Money | Tuesday 15 September, 2015 4:30 am

SR500-billion Madinah projects on track

The massive SR500 billion expansion projects under way in Madinah are on track and becoming a reality for all to see, said Prince Faisal bin Salman, governor of the city, here recently. Speaking at the opening of a forum and exhibition on the city’s projects, Prince Faisal said the...

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