• UAE Central Bank set to use Direct Debit System

    ABU DHABI – The Central Bank of UAE announced the introduction of the “Direct Debit System” in the UAE starting June 15, 2013.  The implementation of Direct Debit will enable customers to make regular, automatic payments from their bank accounts …

  • STC launches International Control service for landline

    Saudi Telecom Company (STC) launched the “International Control” service which allows landline customers to make international calls at competitive prices, without the need to add international zero.

    Customer can subscribe to service by contacting the customer service representative (907), or …

  • Mercer KSA appoints new board member


     

    JEDDAH – Mercer, a global consulting leader in the areas of talent, health, retirement and investments, has announced a strategic appointment to its Board of Directors in response to the market’s growing appetite for world-class HR consulting services and …

  • Riyadh gas-fired power plant in full commercial operation

     

    RIYADH – Dhuruma Electricity Company (DEC) announced that the Riyadh PP11 Independent Power Plant (IPP) in Saudi Arabia achieved full commercial operation on March 12, 2013. PP11 is a gas-fired independent power project with a capacity of 1,729 MW, …

  • SABIC, MIT in deal on developing innovative solutions


     

    RIYADH – The Saudi Basic Industries Corporation (SABIC) has signed an initial agreement with Massachusetts Institute of Technology (MIT) in the United States, a world leader in scientific research. The agreement paves the way for SABIC and MIT to …

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