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10021 - 10030 from 16511 . In "BUSINESS"
LuLu Tabuk
LuLu Hypermarket in Tabuk slated to open on October 10
TABUK — LuLu Hypermarket is geared to launch the newest addition to its international pool of hypermarkets in Tabuk, Kingdom of Saudi Arabia on Oct. 10, 2018. The most anticipated opening will increase its store count to 154 and will unveil the 14th branch in the country. Today, LuLu remains to be the household name in the retail industry not only in KSA, but moreover across the Middle East, India, and Far East. Strategically located at Tabuk Park Mall, the new hypermarket covers a total built-up area of more than 145,000 square feet. With the signature LuLu design aesthetic, the single-level shopping facility features a conducive and spacious store layout and organized product stations. The first division is dedicated to grocery items and freshly made hot food, while the other division...
October 08, 2018

LuLu Hypermarket in Tabuk slated to open on October 10

Saeed Mohamed Al Tayer, Chairman, World Green Economy Organization; and Dr. Frank Rijsberman, Director-General of GGGI
WGEO, GGGI launch initiative for funding of smart green cities
DUBAI — The World Green Economy Organization (WGEO) and the Global Green Growth Institute (GGGI) signed a partnership agreement on Monday in Dubai to fast-track green investments into bankable smart city projects. The joint initiative makes it possible for smart green cities and sustainable infrastructure projects to gain access to grants and investments through the WGEO Trust Fund. 60 bankable smart green city projects worth a total of $1.1 billion are being delivered by GGGI to this initiative over the next 3 years. Each project benefits from the explicit support of host government, and as such present a competitive advantage to interested investors. Committed to supporting a transition to a green economy, the joint project between WGEO and GGGI will serve as a platform to identify,...
October 08, 2018

WGEO, GGGI launch initiative for funding of smart green cities





Inaugural of LG Air Conditioning Academy expansion
LG-Shaker Air Conditioning Academy in Riyadh expanded
SHAKER Group, the sole distributor for LG Air Conditioners in Saudi Arabia, has inaugurated the expansion and advancement of its integrated LG Air Conditioning Academy. The Academy, funded by LG Air Conditioners, was announced at Shaker›s premises in Riyadh and attended by LG & Shaker top management and representatives.The Academy embraces a wide range of LG Commercial Air Conditioning solutions demonstrating pre-sales solutions with the ultimate goal of providing industry-leading after-sales services.Azzam Saud Almudaiheem, Chief Executive Officer at Shaker Group, said: “The launch of the Academy establishes the parallel strategic directions of Shaker & LG as they endeavor to provide the best Product Knowledge and education about advanced technologies in LG Air Conditioning products....
October 08, 2018

LG-Shaker Air Conditioning Academy in Riyadh expanded





Photo of ETE Group officials
BigChefs opens branch in Riyadh
BIGCHEFS opened in Riyadh Park Mall, Riyadh City, the third branch after Al-Khobar and Jeddah. The event was attended by a number of ambassadors and diplomats, headed by Turkish Ambassador Erdogan Kok, Ambassador of Lebanon Dr. Fawzi Kabara and a number of businessmen.They were welcomed by Eng. Murhaf Bu-Khamseen the CEO ETE Group, the master franchisee of BigChefs Restaurants in KSA and Bahrain, the co-founder of BigChefs Mrs. Gamze Cizreli and the General Manager of the Eastern Co. for Trading Services Ahmad Cham.Eng. Murhaf Bu-Khamseen said the success of Al-Khobar branch and its presence made us seek to spread in a deliberate manner in KSA and today we are celebrating the opening of the third branch of BigChefs restaurants in KSA, in Riyadh Park Mall, which is the most important...
October 08, 2018

BigChefs opens branch in Riyadh

Lufthansa opens new direct flights to Austin and Bangkok
LUFTHANSA is further expanding its route network to the USA. From May 3, 2019, the airline will offer its first connections from Frankfurt to Austin (USA). This is Lufthansa’s third destination in Texas alongside Dallas/Fort Worth and Houston.Starting in summer 2019, an Airbus A330-300 will be in service five times a week on the route between Frankfurt and Austin.Apart from Tuesday and Thursday, LH 468 will leave the Lufthansa hub in Frankfurt in the morning and reach Austin in the afternoon (local time) after a travel time of around ten hours. The return flight departs from Texas in the late afternoon and lands at Frankfurt Airport in the morning of the following day. On board, passengers can expect the usual high level of Lufthansa comfort in 255 seats in Business, Premium Economy and...
October 08, 2018

Lufthansa opens new direct flights to Austin and Bangkok

Jeddah Hilton, Waldorf Astoria Jeddah celebrate National Day
JEDDAH Hilton and Waldorf Astoria Jeddah-Qasr Al-Sharq commemorated the 88th National Day of the Kingdom of Saudi Arabia in grand style, with an array of events and activities, creating an “unforgettable experience” for guests and visitors of the two hotels. Both hotels were colour-washed in Saudi green, for the interior and the exterior. A huge Saudi flag was unfurled inside the Jeddah Hilton atrium lobby. During the event, a massive cake was presented replicating the map of the Kingdom of Saudi Arabia, surrounded by palm trees and lobby screens, displaying the Saudi Vision 2030 and the history of the country. Guests arriving at the hotel were welcomed with flowers, Saudi flags and other traditional Saudi delicacies.The ceremony was sponsored by Mohammed Al Amry, the General Manager...
October 08, 2018

Jeddah Hilton, Waldorf Astoria Jeddah celebrate National Day





General manager Ayman M. Sallam of Copthorne Hotel Riyadh 
accepts the award
Copthorne Hotel Riyadh Best 4-star Corporate Hotel
COPTHORNE Hotel Riyadh has won the illustrious award for the “Best 4-star Corporate Hotel” at the second edition of Arabian Travel Awards 2018.The much-anticipated award held last Sept. 20 in Dubai honored the key players in the travel, tourism and hospitality industry and celebrated their success.Ayman Sallam, General Manager, said: “It is a great honour to be recognised as the best four-star corporate hotel in the region. This award confirms the excellent service we provide to our corporate guests. While this award makes us proud, it also challenges us to exceed the expectations of our clients and continuously look at innovative ways to delight them and turn them intorepeat customers.”Located within the heart of the commercial hub of Riyadh, the five-star luxury accommodation...
October 08, 2018

Copthorne Hotel Riyadh Best 4-star Corporate Hotel





Canon Day of Giving 2018
‘Canon Day of Giving’ raises funds to support two educational programs
CANON, a provider of imaging technologies and services, raised AED 250,000 to support two educational programs, one in the Middle East and a second in Africa. The funds were raised through sponsors, and the general public who participated in the Canon Day of Giving fundraising event which was recently held at Zaabeel Park in partnership with Dubai Cares.Canon Day of Giving, which was entirely manpowered by Canon employees, attracted 1200 visitors from across the UAE who supported the fundraising by purchasing coupon booklets to participate in the event’s activities which included a Talent Show, gaming tents with prizes, a kids’ play area, Canon’s own Creative Park arts and crafts station, as well as a Canon Academy Workshop. The event also held raffle draws for a variety of valuable...
October 08, 2018

‘Canon Day of Giving’ raises funds to support two educational programs





Lenovo Yoga C930 Rotating Sound Bar
Lenovo launches new series of personal, gaming laptops
LENOVO has announced the regional launch and availability of a series of new personal and gaming laptops for the region. The Kingdom of Saudi Arabia will be the first in the GCC to introduce these computing solutions.At the launch event, Lenovo showcased its robust product portfolio allowing media, partners and retailers the opportunity to experience the innovation and learn about Lenovo’s growth plans and trends within the industry. Marwan Bsat, Country Manager for KSA at Lenovo, addressed how technology continues to positively impact and solve challenges around humanity.Marwan Bsat, Country Manager for KSA at Lenovo, said “the Kingdom of Saudi Arabia is strategically important for us in terms of the new series unveiled. Over the recent past, we’ve seen a shift in usage of personal...
October 08, 2018

Lenovo launches new series of personal, gaming laptops

China slashes banks’ reserve requirements
BEIJING —China’s central bank on Sunday announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns over the economic drag from an escalating trade dispute with the United States.The reserve requirement cut, the fourth by the People’s Bank of China (PBOC) this year, comes as Beijing has pledged to expedite plans to invest billions of dollars in infrastructure projects as the economy shows signs of cooling further, with investment growth slowing to a record low.Reserve requirement ratios (RRRs) - currently 15.5 percent for large commercial lenders and 13.5 percent for smaller banks - would be cut by 100 basis points effective Oct. 15, the PBOC said, matching a similar-sized move in...
October 07, 2018

China slashes banks’ reserve requirements

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