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NEW BLACKBERRY P9981 SMARTPHONE | BY PORSCHE DESIGN

Seems like Blackberry are fed up of all the hype on iphone´s design, they have teamed up with legendary Porsche Design for this upcoming release, the P´9981 smartphone. The sleek stainless steel phone is equipped with a full touch screen and a wide BlackBerry QWERTY keyboard for easier messaging and enhanced technology. It has a 1.2 [...]

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Saudi Arabia announces November sixth as the first day of Eid al-Adha

The Saudi higher court in Riyadh announced on late Thursday that Friday is the first day of Dhu al-Hija Islamic month and that Eid al-Adha will be on Sunday November 6th, 2011. Dhu al-Hija or “the one of pilgrimage” is the twelfth and the last month of the Islamic calendar. The higher court decided on [...]

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Saudi Arabia/Hajj 2011: Pilgrims must leave by Muharram 15: Minister of Hajj

JEDDAH, 24 Dhul Qadah/22 Oct (IINA)- To prevent overstaying in the Kingdom, airlines will have to provide financial guarantees that they will transport Hajj pilgrims to their home countries by Muharram 15, 1433H (approximately Dec. 10, 2011), Dr. Fuad Bin Abdulsalam Al-Farsi, Minister of Hajj, told Okaz/Saudi Gazette. He said this measure will be implemented [...]

Saudi Stock Market

Saudi bourse/Stock Exchange to open to foreigners shortly: Beydoun

DUBAI: Saudi Arabia could shortly open its stock exchange to foreign investors, Deutsche Bank’s head of MENA equities said, a move which would allow international capital to own shares outright on the Middle East’s largest bourse for the first time. “I do see it happening very soon,” Ahmed Beydoun told Reuters in a telephone interview. [...]

Saudi Labor Minister Adel Fakeih

Saudi Arabia to limit how much expats can send home

Alarmed by a predominantly expatriate workforce in Saudi Arabia sending large money transfers outside of the country, the Saudi Labor Ministry has said it will introduce a “salary protection” program to boost its domestic economy. The new program will dictate the amount an expat working in Saudi Arabia can send back home, the Saudi labor [...]

H&M

H&M opens Olaya Branch, Kingdom Center

On October 22, 2011 H&M the international design-driven clothing retailer opens its twentieth store in KSA. The store will be located in Olaya Street, Riyadh. Over 2400 square meters guarantee that all H&M lovers will get a chance to fully Olaya Street’s fashion paradise .The new H&M store will carry a wide range of fashion [...]

saudi-business

Saudi Arabia ranked best in MidEast for doing business 2011/2012

Saudi Arabia is the top ranked country in the Middle East for the ease of doing business through regulatory reforms, a World Bank report has said. Out of 183 economies around the world, the Gulf kingdom was ranked 12th in the Doing Business in a More Transparent World report. It ranks the economies in 10 [...]

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Officials: Saudi Arabian crown prince dies at New York hospital

Saudi Arabian Crown Prince Sultan bin Abdulaziz Al-Saud died in New York, officials said Saturday, raising succession questions in the key oil producer amid turmoil in the region. No other details about his death were immediately available, but arrangements are under way to transport his body back to Saudi Arabia, officials said. Crown Prince Sultan, [...]

Saudi+food

Up to 3m expats could lose jobs in Saudi Arabia

Up to three million expat workers will be forced to leave Saudi Arabia over the next few years under a new plan to cap their number, it was reported on Friday. The kingdom’s Labour Ministry has put a 20 percent ceiling on the country’s guest workers in its latest bid to help find jobs for [...]

Saudi Prince Alwaleed bin Talal

Saudi Billionaire Alwaleed Reportedly Interested In Twitter Stake

Saudi billionaire investor Prince Alwaleed bin Talal is interested in buying a stake in Twitter, according to a Sky News report. The Prince is said to be eyeing a $200 million to $300 million investment and is looking to buy shares from a Twitter cofounder.  Kingdom Holding had no comment on the report; Twitter had not replied to [...]



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