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Friday 6 May 2005 (28 Rabi` al-Awwal 1426)

Strictly Business: NCB

The National Commercial Bank (NCB) presented the first of six “Dream houses” to Abdullah Issa Hussein Al-Mohaissen of Mebrez, Ahsa, as his prize at a ceremony held at Jeddah Hilton yesterday. The prizes... Full Story


Security Solutions in Focus at EmaxIT-Hosted Seminar


 
JEDDAH, 5 May 2005 — Security solutions were discussed at a seminar hosted by EmaxIT International at Jeddah Hilton yesterday. Akram A. Sha’ar, sales and marketing manager at Elaf Travel & Tourism,... Full Story


Western Union Cuts Service Fees

RIYADH, 5 May 2005 — Western Union Financial Services, Inc., a worldwide leader in money transfer services, yesterday announced a reduction in its service fees for customers sending money from the... Full Story




ELAF to Open 3 More Hotels

RIYADH, 5 May 2005 — ELAF Group is opening three other hotels in major cities in the Kingdom to meet the needs of millions of pilgrims coming to Saudi Arabia throughout the year. Moutaz F. Kayal,... Full Story


Giordano Gears Up for Major Expansion

JEDDAH, 5 May 2005 — Giordano clothes wear brand is rapidly expanding its presence in the Middle East focusing on the United Arab Emirates (UAE) and Saudi markets, with five new stores for the UAE... Full Story


Saudi Stock Index Rises 7.12% in April

RIYADH, 5 May 2005 — Saudi stock market made a record 7.12 percent growth in April, 2005. The Tadawul All-Share Index (TASI) for April closed at 11,246.55 points compared with 10,499.26 for March... Full Story


Oil Scene

Are there enough oil and other energy resources available underneath to sustain the current life style — and in fact the modern civilization? This is the question that every one is mulling around in... Full Story


Starwood to Align Portfolios in Saudi Arabia


 
JEDDAH, 5 May 2005 — Tourism in the Middle East has been developing against the background of positive indicators suggesting that tourism to the area is growing faster than in any other area in the... Full Story


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