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Finance Minister Mohammed Al-Jaddan will participate in the first G20 Finance Ministers & Central Bank Governors Meeting in Buenos Aires. — Courtesy photo
Finance Minister to attend G20 Finance & Central Bank Governors meeting
RIYADH — Finance Minister Mohammed Al-Jaddan will participate in the first G20 Finance Ministers & Central Bank Governors Meeting under the Argentina Presidency in Buenos Aires.The meeting will take place on March 19-20, with the aim of reviewing the recent global economic developments and strengthening the cooperation between the G20 countries to maintain and promote the global growth.During the two-day meeting, Al-Jadaan will participate in sessions covering a wide range of themes from the Global Economic Developments to International Financial Architecture, Financial Regulations, Infrastructure, International Tax, and Anti-Money Laundering and Countering of Terrorist Financing (AML/CFT).Al-Jadaan commented: “As a member of G20, Saudi Arabia takes its regional and international...
March 18, 2018

Finance Minister to attend G20 Finance & Central Bank Governors meeting

Officials at the soft launch of the Malabar Group’s Mall of Travancore. — Courtesy photo
Malabar Group’s Mall of Travancore to go on stream
THIRUVANANTHAPURAM — The ‘Mall of Travancore’ the largest shopping mall of the capital city is all set to open its door to the people of Trivandrum, adding colors to their life. This state-of-the-art mall is designed to give a world-class shopping experience and is positioned as a preferred shopping destination. On March 23, Kerala Chief Minister Sri. Pinarayi Vijayan will dedicate the Mall of Travancore to the public.The genesis of setting up a mall under Malabar Group was born in the year 2005. For this, Malabar Group representatives had visited over 1,000 malls in India and abroad to learn and get a hands-on experience about the functioning of malls. With this regards, a detailed marketing study was conducted in Kerala. Based on these studies, it was decided to set up a Mall in...
March 18, 2018

Malabar Group’s Mall of Travancore to go on stream

RFH - Hotel Savoy - Façade
Rocco Forte Hotel in Florence reopens its doors
ROCCO Forte Hotels celebrates the “renaissance” of Hotel Savoy with the unveiling of its beautifully refurbished Florentine hotel, found in the heart of the city on the imposing Piazza della Repubblica. After undergoing six months of painstaking renovation, the prestigious Hotel, built 125 years ago in 1893, officially reopens its doors on April 13.Director of Design Olga Polizzi has enhanced the timeless elegance of Hotel Savoy, using contemporary themes, hints of the Renaissance, Florentine fashion and the very best artisans of Florence. The hotel entrance and lobby have been reinstated to their original grandeur, with a five meter high corniced ceiling and with two new large reception desks which incorporate caryatid putti on the four corners, representing the four seasons and the...
March 18, 2018

Rocco Forte Hotel in Florence reopens its doors

Nahdi Medical Company wins Best Community Development Award
NAHDI Medical Company has won the prestigious Best Community Development Award at the Gulf Sustainability and CSR Awards 2018 held in Dubai.The award was for Nahdi Medical Company’s Diabetes Initiative, which was implemented through a joint cooperation between the Joslin Diabetes Center, Nahdi Medical Company and the Ministry of Health in the Kingdom.The Joslin Center, located in Boston, Massachusetts, is a leading international organization specialized in diabetes research, clinical care and education. It is affiliated with Harvard Medical School. The center prepared the diabetes program in cooperation with the Health and Community Service Department in Nahdi Medical Company. The preparation and execution stages were supervised by the Ministry of Health.The program was carried out to...
March 18, 2018

Nahdi Medical Company wins Best Community Development Award

Saudia announces new daily non-stop flights to Izmir
SAUDI Arabian Airlines (Saudia) announces a new summer seasons destination to Izmir, Turkey, commencing from June 10 this year.Saudia’s seasonal service to Izmir will run a daily service (four-times-weekly from Jeddah; three-times-weekly from Riyadh) starting June 10 until Sept. 9. A limited additional service will also run between Izmir and Jeddah from May 2 to June 8 for Umrah travelers — prior to the start of the seasonal operation.Izmir is Turkey’s third-largest city, with a population of more than four million people. Located along the Aegean Sea, it is a port city and leisure destination.The Izmir area, which curves along the West Coast of Turkey, provides a gateway to surrounding vacation hotspots, including Bodrum and Marmaris.The airline will operate the route with an Airbus...
March 18, 2018

Saudia announces new daily non-stop flights to Izmir

Huawei launches “Guess the Price” campaign for Nova 3e
HUAWEI Consumer Business Group has launched “Guess the Price” campaign with a video showcasing its latest Nova 3e model to the public, introduced its advanced features and asked them to guess how much they'd have to pay for its innovative features.Customer-centric innovation is the core of Huawei's development process and the Nova 3e phone is the epitome of advanced features at an unbelievable price.The Huawei Nova 3e is packed with smart photography features such as a revolutionary natural beauty algorithm and background replacement that refines portrait shots naturally while remaining true to the details, enhancing images while highlighting users’ unique facial features. The algorithm can make the subject’s skin tones look brighter and clearer and can eliminate wrinkles...
March 18, 2018

Huawei launches “Guess the Price” campaign for Nova 3e

Teenage fashion: What’s cool Now?
KEEPING up with the latest fashion trends and fresh styles just got easier for the millennials!Max Fashion’s new #ThisIsMe Collection highlights the latest street styles to make sure you stay cool and current. The new #ThisIsMe Collection is designed exclusively for all you millennials hipsters and it couldn’t be any cooler!The collection encourages you to live by your own style rules by offering a diverse selection of stylish jackets, funky t-shirts and casual shorts, without compromising comfort.Let Max give you a glimpse into what’s cool now:Denim dungaree dresses are a perfect mix of feminine and comfortable. Add a touch of color with tops boasting this season’s favorite pastel palettes and scarf to finish the look.You’re always in style with black. Keep it a little...
March 18, 2018

Teenage fashion: What’s cool Now?

The LEGO Group (PRNewsfoto/The LEGO Group)
Create a better future with LEGO City of Tomorrow
DUBAI— LEGO introduces their Global CITY of Tomorrow campaign throughout the MENA region. LEGO would like to inspire the next builders of tomorrow by encouraging children throughout the region to join the movement by building their visionary ideas for the City of Tomorrow. Children's imaginations have no limits and given the right tools and opportunities their creative visions may shape and change how the future is developed.Young aspiring builders are asked to put their imagination to the test by building a better city of the future using LEGO City Bricks. The fun filled family experience began on Friday (March 16) and runs till Saturday (March 24) at LEGOLAND Dubai, the only theme park in the region for families with children aged 2-12, and will continue at DFC Mall from March 26...
March 18, 2018

Create a better future with LEGO City of Tomorrow

Michael Armstrong
ICAEW: GCC deal flow unaffected by introduction of VAT
DUBAI — The recent introduction of 5% Value Added Tax (VAT) in the UAE and KSA has not impacted deal flow in the GCC as the tax rate is relatively low compared to global markets. Nevertheless, many companies found themselves unprepared for the Jan. 1 implementation date and are now scrambling to ensure they become tax compliant to avoid penalties. This was the consensus during accountancy and finance body ICAEW’s Corporate Finance Faculty roundtable about the impact of VAT on deals in the GCC.ICAEW members and guests gathered in Dubai recently to discuss the impact the introduction of VAT has had on deals in the GCC. The event was held at the Capital Club in the Dubai International Financial Centre (DIFC).Panellists included Julie Bronzi, VAT senior manager, PWC; Dr. Shuja Ali, general...
March 17, 2018

ICAEW: GCC deal flow unaffected by introduction of VAT

Focus on KSA’s economic transformation at Women Economic Forum
RIYADH — Saudi Arabia’s economic transformation will take center stage at the Women Economic Forum KSA 2018, as business leaders, policy-makers, entrepreneurs, NGOs, artists and youth gather here for interactive discussions, inspiring keynotes and high-level networking on March 19-20.Building on the key pillars of the Saudi Vision 2030, the Women Economic Forum KSA 2018 is held under the theme Let’s talk about tomorrow. The Forum, which enjoys leading support of Saudi Aramco, is designed to catalyze positive change, facilitate discussions and foster cross-sector partnerships.A collaborative initiative, which is crucial, especially at a time where the Kingdom, is witnessing a significant diversification in its economy, and reinforcement of investment opportunities.The Forum agenda...
March 17, 2018

Focus on KSA’s economic transformation at Women Economic Forum

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