Business & Money | Tuesday 16 June, 2015 5:16 am

SEDCO Capital: The Long Awaited Opening of the Saudi Stock Market to Qualified Foreign Investors

One of the most eagerly awaited economic reforms in the region in recent times, the opening of the Saudi Arabia stock market to qualified foreign investors, has finally arrived with the opening bell of Tadawul on June 15th.Asset managers are unanimous in their belief that this move by the Saudi...

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Business & Money | Tuesday 16 June, 2015 2:57 am

Sadara Launches Ramadan Food Basket Program 2015

Sadara Chemical Company again launched the Ramadan Food Basket initiative on Saturday, 13th June, 2015 (26 Shaban 1436h), in collaboration with the Jubail Volunteering Club (JVC). More than 80 Sadara volunteers participated, volunteering their time on the weekend to pack more than 2,000 boxes full...

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Business & Money | Monday 15 June, 2015 3:36 pm

Uber Announces Partnership With Ujra Holding “London Cab” In Saudi Arabia

Uber, the smartphone technology company, announced that it has partnered with KSA-based taxi service, London Cab. The partnership is the first of its kind in the Kingdom, gives Uber customers in Riyadh another safe and seamless transportation option, in addition to its already-existent UberX,...

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Business & Money | Monday 15 June, 2015 1:56 pm

Significant untapped growth potential of Digital Islamic Services

Deloitte and Noor Telecom, a Kuwait-based, Sharia-compliant closed-shareholding company, have collaborated with Dubai Islamic Economy Development Center (DIEDC) for the compilation of a report that highlights the untapped potential of the Digital Islamic Services market and offers key...

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Business & Money | Monday 15 June, 2015 1:48 pm

Signing the contract of AlAhli SEDCO Residential Development Fund in Jeddah

SEDCO Development, a subsidiary of SEDCO Holding Group and the prime developer of AlAhli SEDCO Residential Development Fund, has been awarded a contract for the construction of “Gardenia Residence”, a project owned by the Fund in partnership with Ghoneim International Co. Ltd. The project’s...

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Business & Money | Monday 15 June, 2015 1:46 pm

Cordless versatility. Fullsize ability.

The Dyson Digital Motor V6 sits at the core of all Dyson’s new cordless vacuums. It generates the most powerful cordless vacuums* in a nimble format meaning the range can clean the car, the carpet, the ceiling and everything in between. The Dyson Total Clean is our most powerful cordless machine...

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Business & Money | Monday 15 June, 2015 1:38 pm

L’azurde and Fiera di Vicenza roadshows feature the Vicenzaoro Dubai exhibition

L’azurde has achieved an outstanding success with the roadshows it held in Riyadh, Jeddah and Dammam during the second quarter of 2015. L’azurde engaged in this project as a strategic partner for the foremost jewelry exhibition in the Gulf and Middle East region, held under the title Vicenzaoro ...

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Business & Money | Monday 15 June, 2015 6:09 am

Hiring Process Can Last Up to Two Months for Majority of Organizations

The Bayt.com ‘Hiring Practices in the Middle East and North Africa’ survey, recently conducted by Bayt.com, the Middle East’s leading career site, and YouGov, the leading market research company, has revealed that 93% of respondents hiring managerial staff and 92% of respondents hiring...

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Business & Money | Monday 15 June, 2015 5:53 am

Mobinil successfully launches modern packet core network with Ericsson in Egypt

Egyptian operator Mobinil has successfully launched a modernized packet core network based on Ericsson’s (NASDAQ: ERIC) Evolved Packet Core (EPC) solution, enabling its customers to enjoy cost-effective, reliable broadband services.Originally conceived in August2014 s part of a five-year...

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Business & Money | Monday 15 June, 2015 1:41 am

Massive flour mill complex launched near Makkah

People in Saudi Arabia waste 35 percent of bread produced in the country, said Agriculture Minister Abdul Rahman Al-Fadli. “We have one of the world’s highest per capita consumption of bread,” he said.Speaking to reporters after Makkah Gov. Prince Khaled Al-Faisal launched one of the largest...

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