Business & Money | Saturday 18 May, 2019 5:48 pm

Amazon squares up to Uber with backing for UK food app Deliveroo

Amazon has taken a stake in British online food delivery company Deliveroo, leading a $575 million fundraising to pit itself against Uber Eats in the global race to dominate the market for takeaway meals. The news the world's biggest online retailer had bought into one of Europe's...

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Business & Money | Saturday 18 May, 2019 5:44 pm

KAUST’s annual iftar connects science hub with the rest of Saudi Arabia

King Abdullah University of Science and Technology (KAUST) held its annual iftar on Thursday. The iftar presented an opportunity to connect the science and technology hub with the rest of the Kingdom and the international community. The director of global marketing communications at KAUST, Mark...

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Business & Money | Saturday 18 May, 2019 7:03 am

ICD, BBI sign deal for new global platform initiative

The Islamic Corporation for the Development of the Private Sector (ICD) and Bosna Bank International (BBI) signed a Memorandum of Understanding in Jeddah related to a new initiative, a Global Platform for Private Sector where the two institutions and community of like-minded financial entities can...

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Business & Money | Saturday 18 May, 2019 6:33 am

Zara's online store in Saudi Arabia goes live

Zara launched its online sales in Saudi Arabia With this launch, Zara is marking a new milestone in the steady expansion of the fully integrated stores and online model across the universe of markets in which the Inditex Group does business. Over the new dedicated website, www.zara.com/sa, the ...

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Business & Money | Saturday 18 May, 2019 5:35 am

70% of AED 750 million Sparkle Towers sold ahead of handover

  According to Dubai-based and RERA award-winning real estate development company Tebyan, more than 70% of its latest development, Sparkle Towers in Dubai Marina, has now been sold, as it prepares for handover.   “We have sold 265 apartments leaving just over 100...

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Business & Money | Friday 17 May, 2019 6:17 am

Ad Diriyah development authority concludes first job fair

The Ad Diriyah Gate Development Authority (DGDA) concluded its first career and training fair on Wednesday, the Saudi Press Agency reported. The fair was launched at the Diriyah Municipality last Monday and was held within the framework of the Vision 2030 reform plan, which aims to generate...

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Business & Money | Thursday 16 May, 2019 3:02 pm

Kuwait experiences Great European Products!

A great event with European Food Products Presentation took place in Four Points by Sheraton Hotel in Kuwait at 1st of May 2018.   Through a European program called “Great Flavors” campaign financed with the aid from the European Union and Greece, quality products certified...

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Business & Money | Thursday 16 May, 2019 1:45 pm

Understanding the Effects of Fasting to the Body can Help Motorists Manage their Driving Behavior Better during Ramadan

The second week of the Road Safety Awareness Campaign, carrying the hashtag #HappyNotHastyRamadan, focuses on making motorists aware and understand the effects of fasting to the body during Ramadan so that they can overcome the challenges of driving. The Holy Month of Ramadan requires lifestyle...

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Business & Money | Thursday 16 May, 2019 1:31 pm

SHUAA Capital progressing with potential combination with ADFG; releases Q1 2019 earnings

SHUAA Capital confirms it is progressing with its potential transaction with ADFG through a strategic investment structure where-in the combined entity will continue to operate as a publicly listed company. The Company is going through final stages before regulatory and shareholder approvals will...

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Business & Money | Thursday 16 May, 2019 1:26 pm

Saudi Arabia’s Hoshan Holding Partners with Seidor to Become the Kingdom’s First Adopter of SAP S4 HANA Public Cloud

Hoshan Holding fuels digital transformation by migrating from SAP ECC to SAP S4 HANA Public Cloud. The company will benefit from AI-powered decision-making capabilities, optimized business processes and reduced cost of ownership.   Seidor, a global system integrator...

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