Business & Money | Thursday 11 January, 2018 11:00 am

Governor of Saudi Arabia’s Asir Region inaugurates development projects worth over SR500 million

Prince Faisal bin Khalid bin Abdulaziz, the Governor of Asir Region, on Wednesday inaugurated a number of development projects in Mohail Asir province, state news agency SPA has reported. The development projects at the Mahayel governorate are worth more than half a billion riyals, SPA...

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Business & Money | Thursday 11 January, 2018 10:59 am

Abu Dhabi’s Department of Economic Development expects a 3% growth in Abu Dhabi’s gross domestic product

The Department of Economic Development in Abu Dhabi (DED) expected that the compound growth rate of the gross domestic product of the Emirate of Abu Dhabi at fixed prices will reach 3.0% between 2018 and 2021, whereas the rate of compound growth in the oil and non-oil gross domestic product is...

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Business & Money | Wednesday 10 January, 2018 3:20 pm

The refinement in several shapes: the Tie, Tip, Tab series by Ritmonio

Born from the cooperation between Ritmonio and the designers Lana and Savettiere, the 3 series Tie, Tip and Tab, combine simplicity, comfort and aesthetic design, a great attention that has always distinguished the brand.   Three versatile series, with a strong iconic reference: Tie - as ...

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Business & Money | Wednesday 10 January, 2018 12:48 pm

Bahri Dry Bulk secures SAR 360 mn financing from Bank Albilad to purchase four new bulk carriers

Bahri Dry Bulk, a business unit of global transportation and logistics leader Bahri, has announced that it has secured a Sharia-compliant funding of SAR 360 million from Bank Albilad, one of the fast-growing banks in Saudi Arabia, to finance the purchase of four new bulk carriers as part of an...

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Business & Money | Wednesday 10 January, 2018 12:39 pm

Casio G-Shock Celebrates its 35th Anniversary globally

In commemoration of the 35th year of G-SHOCK, Casio G-Shock kicked off its yearlong 35th anniversary celebration with a milestone event in New York City attended by G-SHOCK executives and friends to honor the brand's legacy, recapping 35 years of innovation, and sharing exciting future...

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Business & Money | Wednesday 10 January, 2018 3:00 am

Riyali Signs MOU with Majid Society 
to Empower Saudi Entrepreneurs

In the presence of H.R.H Prince Mishaal Bin Majid Bin Abdulaziz Al Saud the governor of Jeddah, “Riyali” Program provided by SEDCO Holding Group, have signed an agreement with The Society of Majid Bin Abdulaziz for Development and Social Services (Majid Society). The agreement ...

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Business & Money | Tuesday 9 January, 2018 4:07 pm

Road-Freight Tech Venture, TRUXAPP, projects US$ 1 Billion in Revenues by 2022

Truxapp, a technology-enabled trucking and logistics provider, which has been working since 2015, is rapidly establishing itself as a market leader in the road freight and trucking sector. Truxapp has aggregated over 350,000 trucks and over 200 corporate clients as a group with revenue...

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Business & Money | Tuesday 9 January, 2018 1:00 pm

Al-Azem and Al-Sudairy Holds specialized seminars on the subject of value added tax for companies and entrepreneurs

Al-Azem and Al-Sudairy CPA’s & Consultants - member of Crowe Horwath International-  have orgnaized a specialized seminars on the subject of value added tax, which will be applied in Saudi Arabia starting on the 1st January 2018. In these seminars, the concept of value added tax, its ...

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Business & Money | Tuesday 9 January, 2018 12:50 pm

Dubai real estate transactions reach AED 285 billion for 2017

The Dubai Land Department (DLD) recently revealed the annual results of the Dubai real estate market for 2017, with the total real estate transactions exceeding AED 285 billion through 69,000 real estate transactions.   Commenting on DLD’s Annual Transactions Report, which...

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Business & Money | Tuesday 9 January, 2018 11:35 am

Jotun Campaign Grand Prize Winners Rewarded With Cars

More than 25,000 users of Jotun’s Jotashield, Fenomastic and Lady Design products participated in a two-month Kingdom wide campaign that featured daily, weekly and monthly draws and prizes.    “Jotun Saudia is the Kingdom’s No. 1 paint manufacturer and we ...

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