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In "BUSINESS"
RIYADH — On behalf of Dr. Majid bin Abdullah Al Qasabi, Saudi Arabia’s Minister of Commerce and Investment, Eng. Majed bin Abdullah Al Bawardi, Vice Minister of Commerce and Investment, officially inaugurated the 1st International Contracting Conference and Exhibition (ICCE) on Sunday in Riyadh.The two-day summit, hosted by the Saudi Contractors Authority (SCA), steers the course for the future of Saudi Arabia’s contracting sector, with sustainability aligned with global industry best-practice top of the agenda.Held at the Riyadh International and Convention and Exhibition Centre, the ICCE is formed under the guidance of the Saudi Vision 2030, with the localization and qualification of contracting in Saudi’s construction sector, along with project management, quality and safety...
September 17, 2018
Inaugural ICCE forum
zeroes in on global
industry best-practice
September 17, 2018
Saudi banks step up drive against fraud
September 17, 2018
Makkah sees surge
in ‘destination’ malls
September 17, 2018
World of Applications
Exhibition kicks off
September 17, 2018
Summit to address global
aviation safety procedures
amid emergent challenges
September 17, 2018
Semi-permanent building
tech used to launch Saudi
entertainment resort fast
September 17, 2018
Real estate a major driver
as private equity continues
outpacing stock markets
IN the presence of senior managers from Automobili Lamborghini, Lamborghini Jeddah celebrated the arrival of Lamborghini's new model, the Lamborghini Urus, the first Super Sport Utility Vehicle, creating a new niche in the luxury segment with this all-new car with benchmarking power, performance, driving dynamics, unparalleled design, luxury and versatility.Mohammed Sharbatly, CEO of Group, said: “Once again, Samaco Automotive emphasizes its leadership in attracting luxury brands and, thanks to the Almighty, we have recently acquired the exclusive dealership of Lamborghini in Saudi Arabia to join our pool of luxury car dealerships on the one hand and to strengthen our strategic partnership with these brands on the other hand.”“We have invested all our financial capabilities and...
September 17, 2018
Samaco rolls out
Lamborghini Urus
THE Red Sea Development Company (TRSDC), wholly-owned by the Public Investment Fund (PIF) of Saudi Arabia and creator of The Red Sea Project, on Monday announced its international Advisory Board of twelve world-leaders in business, tourism, environmental sustainability and conservation.The Advisory Board will help set The Red Sea Project’s agenda to develop and implement a new international standard e Red Sea Development Company Announces Global Advisory Boar din environmental protection and restoration, sustainable development, innovation and luxury tourism. Located along the west coast of Saudi Arabia at the crossroads of the Middle East, Europe, Asia, and Africa, the project is envisioned as an ultra-luxury tourism destination for nature, adventure, wellness, and culture. It is part...
September 17, 2018
TRSDC announces
global advisory board
ALINMA Bank has introduced, for the first time in Saudi Arabia, contactless NFC withdrawals at selected Alinma ATMs. NFC, or “near field communication,” is a technology that can be embedded in smartchip cards and smart digital devices, that permits user authentication with only a swipe of the card/device near the NFC terminal and a PIN. Inserting a card into the ATM is not required, and for partner protection, only one transaction can be completed per swipe.Speaking about the launch, Alinma Bank CEO Abdulmohsen Al Fares said: "The adoption of modern technologies in order to better serve partners, has been a focus of Alinma since its establishment. This has provided us with certain advtanges in our market and has allowed us be even more partner-centric. With NFC ATM withdrawals, we...
September 17, 2018
Alinma introduces contactless ATM withdrawals, first in Saudi Arabia