Business & Money | Wednesday 18 March, 2015 12:04 am

QNB Group successfully closes syndication of USD3.0 billion three year senior unsecured term loan facility

QNB Group has announced that it has successfully closed syndication of its USD3.0 billion three year senior unsecured term loan facility. The syndication was well supported by 20 International Banks and was over-subscribed. The new loan Facility will be used for general corporate purposes. The...

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Technology & IT | Wednesday 18 March, 2015 12:02 am

Logicom Jordan Hosts first successful Logicom Technology Forum of 2015

Logicom Jordan hosted its first Logicom Technology Forum (LTF) for the year 2015 on March 17th at the Hyatt Amman Hotel. The event brought together a large number of partners, customers, and various representatives of the IT industry in Jordan. During the event, Logicom Jordan showcased new...

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Cars & Autos | Wednesday 18 March, 2015 12:00 am

Saudi Arabia spearheads GCC demand for commercial vehicle spare parts – market estimated to value US$3.65 billion by 2020

Experts discuss fresh opportunities at 5th Automechanika Dubai Network as Saudi’s truck and bus numbers surgeManufacturers and distributors of the GCC’s automotive aftermarket gathered in Dubai today to discuss new opportunities in the region’s commercial vehicle (CV) market, as Saudi Arabia ...

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Business & Money | Wednesday 18 March, 2015 12:00 am

GOIC signs a Memorandum of Understanding with Abha Chamber of Commerce and Industry

In an effort to support and boost industrial investments in ‘Asir RegionIn an effort to promote the industrial sector in GCC countries and in light of GOIC’s role as a house of broad expertise and know-how offering consulting services to all industrial entities in the Gulf in order to encourage ...

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Business & Money | Wednesday 18 March, 2015 12:00 am

Saudi Arabia largest investor into the Egyptian market followed by Kuwait & UAE

First Equity Partners acquires majority 67% stake in White House SecuritiesBahrain headquartered FEP is one of the largest private equity firms from the GCC investing in EgyptFEP Egypt Direct Investment and Asset Management, an affiliate of First Equity Partners (FEP), a leading private equity...

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Technology & IT | Tuesday 17 March, 2015 7:00 pm

Casio unveils World’s First-Ever Standard Scientific Calculator with Arabic Display

Innovative device has potential to benefit over 2 million students across region Casio Middle East announced the launch of the world's first standard scientific calculator with an Arabic display. The first-ever calculator with an Arabic interface is a development of immense significance for the...

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Cars & Autos | Tuesday 17 March, 2015 1:58 pm

NISSAN, THE OFFICAL CAR OF THE “HAI’L NISSAN ITERNATIONAL RALLY” IN ITS 10TH ANNIVERSRY

11 Drivers will be supported by Nissan and the “Hero Of All Terrains” is the Rally’s official Zero carIn its continued drive to be a catalyst in establishing a world class vibrant motor sports environment in Saudi Arabia, Nissan took another powerful step in that direction by sponsoring the...

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Sports | Tuesday 17 March, 2015 1:53 pm

HA’IL INTERNATIONAL CROSS-COUNTRY RALLY – March 19-22, 2015

RECORD ENTRY SET TO TACKLE SAUDI ARABIA’S 10TH HA’IL INTERNATIONAL RALLY• Saudi’s WRC star Yazeed Al-Rajhi tops entry in his trusty Hummer • 56 entrants set for four days of competition in north-central Saudi ArabiaHA’IL (Saudi Arabia): The Saudi Arabian Motor Federation (SAMF) has...

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Business & Money | Tuesday 17 March, 2015 1:13 pm

MAGGI Diaries Returns for Second Season of Culinary Exploration

MAGGI Diaries, the popular web-based series covering the culinary journeys of five exceptional Arab women, returns for its second season to take viewers on a global journey of culinary exploration across India, Turkey, the Kingdom of Saudi Arabia, the United Arab Emirates and Italy, experiencing...

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Cars & Autos | Tuesday 17 March, 2015 1:03 pm

Ford Motor Company Conservation and Environmental Grants Programme Awards USD100,000 to 12 Local Organisations

• USD 100,000 prize divided among 12 Middle East organisations committed to environmental causes• A panel of 9 jurors reviewed more than 300 submissions before selecting the 2014 winners• Programme has awarded Middle East recipients more than $1.39 Million (USD) over past fourteen...

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