General

  • Dubai exhibition promotes integration of solar power, public art in urban spaces


     
     
    THE three-day inaugural Outdoor Design Build & Supply show concluded Wednesday in Dubai and brought together more than 100 international brands involved with the planning, design, and implementation of outdoor spaces, presenting them with a regional audience of …

  • Kuwait budget surplus soars on oil prices

    KUWAIT CITY – Kuwait posted a record provisional budget surplus of 17.2 billion dinars ($60.2 billion) in the first 10 months of the fiscal year on high oil price, government data showed Wednesday.

    The surplus up to the end of …

  • Lower corporate taxes in MENA to raise FDI inflows

     
     
    JEDDAH – Lowering of corporate tax rates by MENA governments is expected to increase the flow of foreign direct investment (FDI), Ernst & Young said recently at a conference. However, as a consequence of lower tax collections, tax …

  • Mobily, Virtustream unveil advanced cloud computing


     
     
    ETIHAD Etisalat (Mobily) launched the Advanced Public and Hybrid cloud computing services for the business sector in Saudi Arabia, in cooperation with Virtustream, at a press conference held Monday in Four Seasons Hotel in Riyadh.

    Dr. Marwan Al …

  • Italian furniture & wood sector keen on growing Saudi market


    From left: Director of Trade Promotion Section of the Italian Embassy Andrea Quattrocchi, Deputy Chairman of the Jeddah Chamber of Commerce and Industry Mazen Batterjee, Consul General of Italy Simone Petroni and Architect and Chief Executive Officer of ‘Matteo Nunziati …

  • Euromoney Saudi Arabia to focus on projects financing


     
     
    THE future of projects and project finance in Saudi Arabia are the main focus of the forthcoming eighth Euromoney Saudi Arabia Conference taking place in Riyadh on May 7-8, 2013.

    Saudi Aramco recently secured $5 billion in loans …