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10061 - 10070 from 16517 . In "BUSINESS"
flydubai aircraft
flydubai to operate to select destinations
FLYDUBAI has announced that it will operate flights to select destinations from Dubai World Central (DWC) in order to provide more travel options to passengers during the southern runway refurbishment project previously announced by Dubai Airports. The refurbishment project is scheduled to take place between 16 April 2019 and 30 May 2019.flydubai will operate flights to 39 destinations from DWC during the period of the refurbishment project to ensure minimum disruption to passengers’ travel plans. At DWC, passengers will continue to benefit from all the convenient travel services offered by flydubai at one of the world’s future aviation and logistics hubs. During this period flights to 10 of these destinations will also be available from DXB. Flights to all other flydubai destinations...
October 06, 2018

flydubai to operate to select destinations

Four Seasons Private Residences in Los Angles
Four Seasons to inaugurate first-ever private residences
CONSTRUCTION is underway with more than half of the units already sold for the first residential project in Los Angeles from Four Seasons, the world’s leading luxury hospitality company, developed in partnership with Genton Development Company, a privately held real estate investment company and developer in Southern California. Four Seasons Private Residences Los Angeles, located at 9000 W. 3rd Street, is the company’s first standalone residential project in North America and joins London’s Twenty Grosvenor Square as one of only two worldwide.“As we continue to grow and strengthen our residential offerings globally, we are excited to introduce our first residences in Los Angeles with an exceptional standalone project, and with partners who share our dedication to offering...
October 06, 2018

Four Seasons to inaugurate first-ever private residences

Amro Jamil Kandil and Abdullah Ali Al-Ghamdi, Support Services Manager at SEDCO, award  Jeddah Traffic Department with commemorative shields on behalf of SEDCO Holding Group
SEDCO, Jeddah Traffic Department organize an awareness lecture
SEDCO Holding organized an awareness lecture on traffic regulations and violations for the Group’s employees in collaboration with Jeddah Traffic Department on Tuesday October 2, 2018 with the aim of enriching their knowledge of traffic laws and regulations as well as increasing their awareness of the importance of following them, and the consequences of their violations. Col. Zaid Mohammad Al-Hamzi, Head of Public Relations the Traffic Department in Jeddah, said that the lecture comes within the efforts of the Ministry of the Interior represented by the General Directorate of Traffic to enhance road traffic culture of citizens and residents in the Kingdom and encourage them to abide by the traffic regulations and avoid their violations, which will curb road traffic accidents, limit...
October 06, 2018

SEDCO, Jeddah Traffic Department organize an awareness lecture

Ebel and“Concord Company President  Flavio Pellegrini (right) with Abdullatif Mohammed Al-Abdullatif
Abel and Concord unveil new models
EBEL and Concord companies for Swiss watches organized a workshop for their agents to introduce the latest creations and designs which will be launched in 2019. Ebel and Concord Company President Flavio Pellegrini gave a detailed presentation of the newest designs in Ebel’s “Sport Classic” and “Wave” collections as well as Concord’s “Mariner”, “Saratoga” and “Impresario” collections which suit all tastes and are distinguished by their mix of luxury and practicality. The event, which was held at Asia Gardens Hotel and Spa in the Spanish city Alicante, was attended by Ebel and Concord’s Regional Sales Director in the Middle East and the Indian Subcontinent Abdallah Mouaffak, a number of agents from all over the world and Ebel and Concord Company officials and also...
October 06, 2018

Abel and Concord unveil new models

PepsiCo committed to excellence in everything
PepsiCo launches drive for more sustainable practices
PEPSICO, the global food and beverage company, showcases how it incorporates innovative processes, sustainability and design excellence into its operations at Saudi Design Week, taking place at the King Abdulaziz Center for National Dialogue in Riyadh on Oct. 3-7, 2018. PepsiCo, the official nutrition partner for the event, has created an evocative maze installation using Aquafina bottles, which visitors will have the opportunity to interact with during the event by adding used bottles to the installation throughout the week. The maze will feature bottles that will be sent for recycling after the event, demonstrating the need to adopt more sustainable practices. PepsiCo will also use the innovative Hashtag Printer on-site, which will use user-snapped images to create a mosaic throughout...
October 06, 2018

PepsiCo launches drive for more sustainable practices

Dan Purkis
Aramco awards extreme expansion tech to Pragma
PRAGMA Well Technology Ltd, a FrontRow Energy Technology Group company focused on advanced production technologies, has secured a contract with Saudi Aramco worth over $700,000. Saudi Aramco Exploration and Petroleum Engineering Centre - Advanced Research Centre (EXPEC ARC) will sponsor a three year contract to develop an Extreme Expandable Packer for its Thru-tubing Water Shut-off challenge. “Pragma shall develop a Thru-tubing Expandable Patch (TEP), employing additive manufacturing,” said Dan Purkis, Technical Director and inventor. “These printing machines can manufacture parts that would be impossible using traditional reductive techniques, making extreme expansion solutions possible. We are getting very exciting results and see a wide range of future applications.” ...
October 06, 2018

Aramco awards extreme expansion tech to Pragma

Western Union and STC Pay enter into partnership
STC Pay, a subsidiary of Saudi Telecom Company (STC), Saudi Arabia’s largest telco, and The Western Union Company, a leader in cross-border and cross-currency money movement, entered into strategic discussions to embed Western Union’s cross-border functionality into a new STC Pay led FinTech platform offering financial services locally and globally.Saudi Digital Payments Company, a subsidiary of Saudi Telecom charged with pioneering leading edge FinTech capabilities, today launched STC Pay digital mobile wallet available from Apple or Android app stores. It will allow customers to seamlessly transact a range of payments without the need of formal bank accounts.The ceremonial launch today was hosted in Riyadh, Saudi Arabia at midday U.S. EST, amid a distinguished gathering presided by...
October 06, 2018

Western Union and STC Pay enter into partnership

In this file photo Carlos Vegh, chief economist for Latin America and the Caribbean at the World Bank, speaks during the 2018 Spring Meetings of the International Monetary Fund and World Bank Group at the World Bank Group Headquarters in Washington, DC. — AFP
World Bank warns of Latin America's 'fragile' recovery
WASHINGTON — The World Bank on Friday expressed concern over the "fragile" economic recovery in Latin America and the Caribbean, weighed down by Venezuela's spiraling crisis and weak performances in Brazil and Argentina. "We've hit a bump in the road to recovery," Carlos Vegh, World Bank Chief Economist for Latin America and the Caribbean said in a report. "This makes it all the more important to better understand and manage risks and other shocks, from financial turbulence to natural disasters." This "fragile recovery highlights the need to increase efforts to build resilience and manage risks," he added. After a six-year regional economic slowdown, the region had a 1.1 percent growth spurt in 2017, and was expected to grow at...
October 05, 2018

World Bank warns of Latin America's 'fragile' recovery

A Danske Bank sign is seen at the bank's Estonian branch in Tallinn, Estonia, in this file photo. — Reuters
Danske shares slide as US criminal inquiry spooks investors
COPENHAGEN — Danske Bank's deepening money laundering scandal dragged its shares to a four-year low on Friday as Denmark's biggest bank sought to calm investors over the impact of a U.S. criminal investigation into its Estonian branch. Morten Mosegaard, the bank's interim chief financial officer, said the involvement of the US Department of Justice (DOJ) in an inquiry into alleged money laundering is very different to the case of Latvia's failed ABLV. US authorities in February accused the Latvian bank of covering up money laundering, leading to it being denied dollar funding after the US Treasury proposed invoking a section of the USA Patriot Act, and prompting its rapid demise. "It's very difficult to see any comparison between the two cases," Mosegaard...
October 05, 2018

Danske shares slide as US criminal inquiry spooks investors

The electric car revolution still faces a few hurdles. — AFP
'Not right away': Electric cars still have long road ahead
PARIS — Under dazzling autumn sunshine in the heart of Paris, Marc Fiot steps out of a new Zoe, Renault's flagship all-electric hatchback, and readily declares it "the future". Does that mean the 70-year-old retiree, who says he hasn't missed an edition of the Paris Motor Show since 1966, is ready to join what carmakers insist will be the electric revolution? "Not right away," Fiot says. "What's stopping us is the price — it's a bit expensive for a small car." The base price for a Zoe starts at 23,000 euros ($26,500) in France, and doesn't include battery rental costs — though the government is offering a 6,000 euro clean car rebate. But higher costs relative to traditional vehicles are just one of the hurdles facing the industry...
October 05, 2018

'Not right away': Electric cars still have long road ahead

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