Month: November 2015

Arab American Alliance Company begins implementing its programs with “Housing” through 5 projects in Riyadh

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Reading time: < 1 MinuteThe Arab-American Alliance Company has begun implementing its programs for the Ministry of Housing to build residential units in the northern part of the capital, through five projects as a first phase: the Jawahar project in the Al-Qayrawan neighborhood north of Riyadh, consisting of 145 villas; the Bayt Al-Har (1) project, and the Beit Al-Har (2) project, both located in the Namar neighborhood west of Riyadh and consisting of 550 villas, the … Read more

With the participation of more than 37 countries and the presence of 1000 specialists, Imam University launches the first conference to combat cybercrime

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Reading time: < 1 MinuteThe events of the First International Conference on Combating Cybercrime, sponsored by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz—may God protect him—will kick off this evening, Tuesday, 28 Muharram, corresponding to November 10, at the InterContinental Hotel. On this occasion, His Excellency the Acting University President, Dr. Fawzan bin Abdulrahman Al-Fawzan, explained that the conference is being held as part of the focus on combating cybercrime, which constitutes, based on … Read more

Eastern Province, Qassim, Najran and Makkah compete to attract MICE investors

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Reading time: 2 MinutesYesterday, four regions presented their promotional pitches to attract conference investors during the second day of the Saudi Conference and Exhibition Forum, titled “Meet in Saudi Arabia.” Masoud Al-Haider, Chairman of the Board of Directors of the Najran Chamber of Commerce, highlighted the region’s economic strengths, particularly its mining and agricultural resources, in addition to its archaeological and historical sites, including the village of … Read more

SME Finance Program signs MoU with Tawuniya for SME risk management and protection

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Reading time: < 1 MinuteThe SME Financing Guarantee Program signed a joint memorandum of understanding with Al-Taawuniya Insurance Company, and this collaboration is also the first of its kind in the field of developing mechanisms for sharing, exchanging, and analyzing data and information that will foster the growth and development of the SME sector, particularly in the insurance sector, thereby enabling the efficient analysis and management of risks associated with small and medium-sized enterprises, This is because … Read more

«Sabtco appoints Speedy Motors as its authorized dealer in the Kingdom of Bahrain

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Reading time: < 1 MinuteThe Saudi Public Transport Company (SAPTCO) has appointed the Bahraini company Speedy Motors as its authorized agent in the Kingdom of Bahrain. The Bahraini agent will provide booking, ticketing, and passenger transport services for six daily trips between Bahrain and the Kingdom using modern buses. SAPTCO’s selection of Speedy Motors as its agent in Bahrain is part of the company’s efforts to develop and improve its operations … Read more

Jeddah Municipality issued 10244 building permits during 1436H

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Reading time: < 1 MinuteThe Jeddah Municipality, represented by the Building Permits Department, issued approximately 10,244 building permits during the past year (1436 AH), representing an increase of over 171% compared to the year 1435 AH. A report issued by the Building Permits Department indicated that the number of permits issued by the Jeddah Municipality during the period from the first of Muharram to the end of Dhu al-Hijjah in the year 1436 AH was 8,558 … Read more

“Riyadh Development Authority: 24% of the train project has been completed. The ”Gazelle“ machine starts its work in Al Malaz

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Reading time: < 1 Minute  The High Commission for the Development of Riyadh has revealed that the Riyadh Metro project has made significant progress in the construction of its infrastructure, with work having exceeded 24% to date, in accordance with the established schedule. This announcement came during a ceremony held by the Authority to mark the arrival of the “Jazla” tunnel boring machine at one of the Riyadh Metro stations on the Orange Line of the King Abdulaziz Transport Project… Read more

Arab-Latin summit on political and economic alliances kicks off today in Riyadh

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Reading time: 2 MinutesRiyadh is hosting today the Fourth Arab-Latin American Summit, convened by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz —may God preserve him—and will last for two days. The summit aims to discuss important issues in the political, economic, social, and cultural spheres, as well as to adopt the Riyadh Declaration, which will be issued by the summit addressing the most significant issues on its agenda. This summit, in which … Read more

Survey : After the implementation of fees on white lands ... . Where is the real estate sector's money going?

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Reading time: 4 MinutesAmlak Survey: The global economy has recently experienced significant fluctuations, which in turn have affected broad sectors of the local economy, particularly the drop in global oil prices to $50 per barrel. The International Monetary Fund’s recommendation to the Government of the Kingdom of Saudi Arabia coincided with the Ministry of Housing’s ideas and aspirations when the IMF recommended several domestic measures to compensate for and bridge the economic gap, and it was … Read more

Gargash. The UAE's most famous and oldest economic families

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Reading time: 2 MinutesPrepared by Dr. Waddah Al-Said. Today, in the World of Adults, we shine a spotlight on one of the most prominent families in the United Arab Emirates: the Al-Qarqash family, whose roots trace back to the Emirates. They own the largest conglomerate in the UAE, the Gargash Group, which was founded by the late Ali Gargash, may God have mercy on him, in 1957. Although the group’s activities began… Read more

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