Corporate News

Etihad Etisalat (Mobily) has signed an exclusive strategic agreement with VASCO, a global company with presence across 5 continents, in which Mobily provides connectivity to all of the Kingdom’s...
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Zain narrows net loss to SR318m

Zain Saudi Arabia (Zain KSA) recorded a significant 45 percent rise in EBTIDA during the first quarter of 2014, reaching SR300 million ($80 million), up from SR207 million ($55 million) in Q1, 2013.



Eram Galleria launched with state-of-the-art media solutions

Eram Galleria, launched with first of its kind Chroma floor facility in Eastern Province, was jointly inaugurated by Ahmed Aljaledan, General Manager of Eram Galleria along with the Chairman & Man



Movenpick Saudi Development Centre’s fourth run begins

After its third course in December 2012, Movenpick Hotel Al Khobar commenced the fourth run of Movenpick Saudi Development Centre on April 6 with front office training as its core.



Malabar Gold expands further in Kerala, Gujarat

Malabar Gold & Diamonds, a major jewelry retailer, expanded its presence in the southern Indian state of Kerala by reopening its Thalassery outlet; the jewelry retailer relocated its outlet to mor



Lenovo ‘remains PC leader’

Lenovo remains the global leader in PCs for the 1st quarter of 2014, a position it has held since the 2nd quarter of 2013, according to IDC and Gartner.



TCS reports 48.2% surge in Q4 profit

India’s biggest outsourcing firm Tata Consultancy Services reported a 48.2 percent surge in quarterly net profit from a year ago, led by new European and emerging market contracts.



SABIC participates in metals exhibition as platinum sponsor

Saudi Basic Industries Corporation (SABIC) participated in the Metal & Steel Saudi Arabia 2014 exhibition in Riyadh from April 7 to 10 as its platinum sponsor, showcasing its wide range of steel p



ALJ inks deal with Balubaid for expanding after-sales services

Abdul Latif Jameel Company (ALJ) signed an agreement with Balubaid Company, through which ALJ will rent from Balubaid 6 large workshops for 15 years for its after-sales services.



Aqua Foundation Academy to offer SUE training

Subsurface Utility Engineering (SUE) training is being offered by Aqua Foundation Academy with Canar Geo Survey Services Company WLL across Saudi Arabia.



Huawei to build smarter knowledge economy at IECHE

With the advent of a knowledge economy developing in Saudi Arabia, Huawei — a major global information and communications technology (ICT) solutions provider — is showcasing the latest e-Education

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