Thursday, 23 May 2013 - 13 Rajab 1434 H
Economy
The global takaful industry has witnessed tremendous growth in the last decade, rapidly becoming an integral part of the mainstream financial system, with Saudi Arabia at the forefront, Ernst & Young executive said Wednesday at the opening of "The World takaful Conference: Asia Leaders Summit (WTC: ALS 2012)" at Hotel Istana, Kuala Lumpur.South East Asia, particularly Malaysia, has been the nerve center of this dynamic and vibrant industry, added David McLean, Chief Executive of the World takaful Conference. Citing a recent report by Bank Negara Malaysia, he said the takaful industry "experienced a compounded average growth rate of 27 percent in terms of net contributions between 2005 and 2010."
The first of its kind mobile scanner was introduced in the Saudi market Wednesday with the latest technological innovation from Epson
Maher Abbas Saudi Gazette RIYADH – Al-Kaki Group has opened Tuesday its first Il Gabbiano Italian
Kuwait wants its airport to handle 13 million passengers by 2016, as the number of passengers passing through Kuwait International Airport reached 703,000 in May, an 11 percent rise year-on-year, the Kuwait news agency reported Tuesday.
Thursday, 14 - June 2012
The Middle East and Africa (MEA) external controller-based (ECB) storage is set to grow 16.5 percent to reach $546 million in 2012, Gartner analysts said Wednesday.
Thursday, 14 - June 2012
SEHAI conducted recently its second skill presentation at Diraiya campus, in the presence of Hari Krishna, Vice President of Olayan Financing Co.; Yasunari Moreno, Minister and Deputy Chief of Mission at the Embassy of Japan in Saudi Arabia
Thursday, 14 - June 2012
The Saudi Airlines Catering Company (SACC) forecast a bright outlook for its business amid planned expansion of Saudi Arabian Airlines, SACC Chief Executive Officer Christophe Parent said.
Thursday, 14 - June 2012
Saudi stock benchmark Tadawul All Share Index gained 0.25 percent to 6,744.53 at the close in Riyadh, bringing this week’s advance to 1.3 percent.
Thursday, 14 - June 2012
Saudi Basic Industries Corp. (SABIC) Wednesday said it intends to repay an SR8 billion ($2.13 billion) sukuk (Islamic bond) ahead of maturity from internal cash balances.
Thursday, 14 - June 2012
Saudi Water & Power Forum (SWPF) 2012 will take place on Dec. 2-4 in Jeddah, and will focus on adding value by creating opportunities, building relationships and fostering innovation, the CWC Group, Moya Bushnak and the Saudi Ministry of Water & Electricity announced Wednesday.
Thursday, 14 - June 2012
A consortium led by Saudi International Company for Water and Power (ACWA) is close to win a contract worth at least $500 million to build a 160-megawatt concentrated solar power plant south of Morocco, an official source said Wednesday.
Thursday, 14 - June 2012
Divisions within OPEC signal the group will probably keep its crude production ceiling unchanged today (Thursday) in its regular ministerial meeting in Vienna following a 25 percent slump in crude prices since March.
Thursday, 14 - June 2012
Ziad Makhzoumi, the chief financial officer of Arabtec, the UAE’s biggest construction firm by stock market value, thinks the region’s economy will probably ride out weak oil prices comfortably. But he sees a risk.
Thursday, 14 - June 2012
DUBAI – Financial firms in the UAE have reported a 25 percent increase in "suspicious" transactions in the first five
Makkah
Madinah
Riyadh
Jeddah
Dammam
Abha
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