• Apicorp net profit jumps 31% in H1

    ARAB Petroleum Investments Corporation (Apicorp), the multilateral development bank owned by the 10 member nations of the Organization of Arab Petroleum Exporting Countries (OAPEC), has announced that its net profit for the first half of the year grew 31 percent …

  • SAP trains Saudis in IT field, helps in SME development

    Saeed Al Khotani
    Saudi Gazette

    ISTANBUL – SAP AG, a world leader in enterprise software and software-related services, re-emphasized its commitment to train Saudi youth in the field of IT, in particular to those products and services it provides.

    The …

  • 29,000 new planes needed by 2032: Airbus

    LONDON – Airbus predicts that the world will need more than 29,000 new commercial planes over the next 20 years to respond to higher traffic and replace older models, the European planemaker said.

    Delivering its 20-year outlook, Airbus said air …

  • Saudi bank consumer loans rise 22% in Q2

    RIYADH – The volume of consumer loans given by Saudi local banks rose by 22 percent to reach SR321 billion in the second quarter of the current year compared to the same period last year, latest data from SAMA (Saudi …

  • India: ‘Take the bus’ to save fuel

    NEW DELHI –  India urged citizens to “take the bus” Tuesday as it announced an energy savings drive aimed at knocking $5 billion off its fuel bill, which has risen sharply in recent months.

    The nation imports over 75 percent …

  • GE Technical Academy launched in Jubail


    GE unveiled Tuesday a 50,000 sq m advanced training facility, the GE Technical Academy in Jubail, developed in cooperation with the Saudi Technical & Vocational Training Corporation (TVTC) and supported by the Human Resources Development Fund (Hadaf).
    The …

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