Fairmont Targets Expansion in Middle East
Fairmont Raffles Hotel International is planning to open up to eight new hotels in the Middle East over the coming…
Browsing Tag
Saudi Arabia
STC Appoints Abdulaziz Al Suqair as Chairman
Saudi Telecom (STC), the kingdom’s largest phone company, named Abdulaziz Al Suqair as chairman and Mohammed Al…
Saudi Hashtag “Egyptian Changed My Life”
Social networks such as Facebook and Twitter can contribute to connecting between different countries and…
EGX Loses EGP 1 Bln On Saudi Crisis Reprecussions
On Sunday’s closing session, the EGX posted losses of EGP 1.03 billion as the capital market amounted to EGP…
Saudi Arabia considers allowing women sport clubs
Saudi Arabia has set up a ministerial committee to consider allowing women’s sports clubs, al-Watan daily newspaper…
$100 Is Good Oil Price: Saudi Minister
An oil price of $100 per barrel would provide the right balance for both consumers and producers, Saudi Finance…
Qatar’s Qinvest May Acquire Majority of New Bank With EFG-Hermes
EFG-Hermes Holding SAE (HRHO.CA) said Qatar’s QInvest LLC may hold a majority stake in a planned investment…
Salafi Movement inEgypt may endorse Abou Al Fotouh
Ghaffour portrayed al-Nour as a kingmaker, saying whomever it backs for the presidency would win. The head of…
KSA’s IT spending Reaches $5.7bln by 2014
According to market research firm RNCOS, Saudi Arabia's information and communication technology (ICT) market has…
Aramco and Tihama Sign Deal of Power Expansion
Capacity at three power plants will be expanded under an agreement signed on Monday between Saudi Aramco and…