News
Siemens breaks new ground with SR650 million manufacturing facility in Dammam
DAMMAM: Siemens took another giant step yesterday in its quest to expand its footprint in Saudi Arabia when it started laying the foundations for an SR650 million state-of-the-art manufacturing facility for gas turbines and compressors in the Eastern Province.mehr
New sixth generation BMW 3 Series arrives
Mohamed Yousuf Naghi Motors, the BMW Group importer in Saudi Arabia, has announced that the new sixth generation BMW 3 Series has arrived at its showrooms in Jeddah, Riyadh and Alkhobar.mehr
King Abdullah's SR 81.5 bn fillip to education
Custodian of the Two Holy Mosques King Abdullah inaugurated here yesterday the first phase of the university and education city projects with an aim to create world-class higher education infrastructure across the country and to boost higher education and research...mehr
Deutsche Bank honored hedge funds summit
Deutsche Bank’s Alternative Fund Services business received the ‘best fund administrator’ award at the Hedge Funds World Middle East conference as part of its Middle East Awards 2012 Ceremony. mehr
Saudi businessmen visit Europe’s major health care IT fair
A group of 20 Saudi businessmen attended Europe’s largest and most important event for health care IT “conhIT” from April 24-25. The delegation of German Industry and Commerce for Saudi Arabia and Yemen (AHK Saudi Arabia) organized the visit, which provided the Saudi...mehr
Xenel forms joint venture with Miebach
Arabian Bulk Trade (ABT), a subsidiary of Xenel Group, has formed a joint venture with Miebach Logistics Holding GmBH, a leading German company headquartered in Frankfurt and having presence in 16 countries across the world, offering services in supply chain and...mehr
Saudi firms forge new links at world’s largest industrial fair
RIYADH: Saudi Industrial Property Authority (MODON) is representing Saudi Arabia this year at the world’s largest industrial fair in Hanover, Germany. mehr
