Economy
RAK Airways CEO quits
JEDDAH – Omar Jahameh has resigned as chief executive officer of UAE-based RAK Airways.In a written statement, Jahameh said he exited from the airline with a “heavy heart”.
SEC unveils SR452b projects
By Maher AbbasSaudi GazetteRIYADH – The Saudi Electricity Company (SEC) has allocated SR452 billion to implement
KSA top importer of Brazil products in Arab world
JEDDAH – Commercial relations between Arabs and Brazilians further strengthened, latest data from the Arab-Brazilian
Sabic, Exxon investment in synthetic rubber eyed
JUBAIL – Saudi Basic Industries Corp. (Sabic) and Exxon Mobil plan to make a final investment decision on their
Thursday, 26 - April 2012
JEDDAH – Organizations in Saudi Arabia plan to increase employee salaries two percent above inflation in 2012, the latest Salary Budget Planning Report
Thursday, 26 - April 2012
JEDDAH – The total value of mergers and acquisitions (M&As) in the Middle East and North Africa (MENA) region dropped by 40 percent to $8.5 billion in
Thursday, 26 - April 2012
MIDDLE Eastern retail major Lulu announced the launch of 100th store in Ras Al Khaimah to further strengthen their market share in the region.Addressing
Thursday, 26 - April 2012
flydubai, Dubai’s innovative low-cost airline, will make its debut at this year’s Arabian Travel Market (ATM) and will showcase its expanding network
Thursday, 26 - April 2012
LIGHTNING McQueen, the Super Star of Cars 2, and every child’s racing champion, is touring Saudi Arabia. It started Wednesday at Toys R Us Jeddah and
Thursday, 26 - April 2012
JEDDAH – More construction opportunities in Saudi Arabia and Abu Dhabi are expected as buoyant oil prices allow governments to continue spending on massive
Thursday, 26 - April 2012
DUBAI/LONDON – Bahrain plans sovereign bond sale, although the issuance is unlikely to be imminent, government and banking sources said Wednesday.“Bahrain
Thursday, 26 - April 2012
JEDDAH – Saudi Arabia’s IT services market has been projected to grow at a compound annual growth rate (CAGR) of 9 percent from 2011 to 2015. With a forecast
Thursday, 26 - April 2012
THE National Shipping Company of Saudi Arabia (NSCSA), the leading provider of marine transportation services, is marking its evolution into a global
Thursday, 26 - April 2012
SAMACO, dealer of Audi cars in Saudi Arabia, has allocated special platforms to showcase a number of its new sport cars, and placed flags of both teams
Thursday, 26 - April 2012
JEDDAH – Saudi Arabian aviation regulator unveiled plans to award new airline licenses in September.Khalid Al-Khaibary, spokesman for General Authority
