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In "BUSINESS"
September 19, 2018
Maurice Lacroix introduces latest models in Prague
September 19, 2018
Emaar celebrates
Saudi National Day
with special offers
September 19, 2018
Aston Martin, Zagato strengthen partnership
September 19, 2018
Millennium Resort Salalah launched
DAMMAM — The decision this year of the International Maritime Organization (IMO), a specialized agency of the United Nations, to introduce new rules aimed at reducing the cap on the sulfur content of marine fuel has an impact on the Gulf’s oil dynamics, the Arab Petroleum Investments Corporation (APICORP), the multilateral development bank focused on the energy sector, said in iits latest research report published Tuesday,Under the IMO ruling, beginning 2020, shipowners will have to comply with a new 0.5% cap on the amount of sulfur in marine fuel, compared with the existing limit of 3.5% that was enforced back in 2012. The immediate impact will be on consumers of High Sulfur Fuel Oil (HSFO), namely shippers, but also on refineries that produce large quantities of HSFO.Ship-owners will...
September 18, 2018
New fuel oil regulations
for shipping industry to
create winners and losers
September 18, 2018
SABIC to establish stand-alone Specialties business
RIYADH — flynas, the Saudi national air carrier and leading low-cost airline in the Middle East, announced the signing of a strategic partnership with the world’s digital payments leader, Visa. The partnership comes in line with flynas’ commitment to enhance innovative solutions through its loyalty program (nasmiles). Through this partnership, flynas will build a unique and powerful partnership that leverages Visa’s global innovation leadership, cutting-edge data analytics capabilities, strong consulting experience and best in class digital platforms to drive flynas consumer loyalty. Remarking on this partnership, Osamah Alnuaiser, Director of Loyalty Program in flynas, said: “We always strive to ensure that our valued passengers are not only offered the best service, but also...
September 18, 2018
flynas enters into
partnership with
Visa to drive loyalty
September 18, 2018
Ferrari plans 15 new models, SUV to drive earnings growth
JEDDAH — Despite tariffs, global auto sector will maintain stable outlook with steady sales into 2019, Moody’s said in its report report, «Automotive manufacturing -- Global, Modest growth in light vehicle sales to continue into 2019 amid threat of US tariffs».The outlook for the global automotive manufacturing industry remains stable over the next 12 to 18 months, reflecting expectations for steady demand across key regions espite looming challenges, Moody›s Investors Service said in the report released on Tuesday.«While global auto sales so far this year support our full-year 2018 forecast, we see greater risks emerging that could hurt sales next year, including trade and tariff disputes, rising interest rates and higher fuel prices,» said Falk Frey, a Moody›s Senior...
September 18, 2018
Global car sector to
continue sales growth
September 18, 2018
SAP issues ethics code for artificial intelligence
