Category Archives: Economic News

Amsterdam, the Netherlands and Riyadh, Saudi Arabia – Royal Philips (NYSE:PHG, AEX:PHIA) and Al Faisaliah Medical Systems (FMS), a subsidiary of Al Faisaliah Group, celebrated the official opening of Philips Healthcare Saudi Arabia Ltd., a 50-50 joint venture to market … Continue reading →

  Known for its unparalleled luxury and true Arabian hospitality, Emirates Palace invites you to enjoy the summer sun in our refreshing pools, whirling water slides and relaxing lazy river. Promising to be your ideal family get away this summer, … Continue reading →

On 6 and 7 May 2013 Luc Frieden, Minister of Finance and Chairman of Luxembourg for Finance (LFF) isleading a financial mission to Dubai and Riyadh. A delegation of over 60 senior representatives fromthe private and public financial sector with … Continue reading →

Jumeirah Group, the global luxury hospitality company and a member of Dubai Holding, announces its performance in the first quarter of 2013 and its mid-term growth strategy. Operational Performance During the first quarter of 2013, average occupancy in Jumeirah’s portfolio … Continue reading →

  Alstom has been awarded a contract to supply equipment for the Yanbu 3 power and desalination plant located on the Red Sea coast in the western part of Saudi Arabia. This will be one of the country’s first supercritical … Continue reading →

DP World today announced the launch of TURN8 seed accelerator programme designed to encourage innovative entrepreneurship worldwide, starting with Dubai. TURN8 (http://www.turn8.co/) will look for people with ingenious ideas that can be refined and brought to market through a “seed … Continue reading →

As part of the EU-GCC invest project, which was cofounded by the European Commission, the German-Saudi Arabian Liaison Office for Economic Affairs (AHK Saudi Arabia) in cooperation with Eurochambers and the Federation of GCCC Chambers organized an investment symposium on … Continue reading →

Jeddah, Saudi Arabia and Bernin, France – April 22, 2013 – Khaled Juffali Company (KJC) – a Saudi Arabian investment company, and Soitec – a world leader in semiconductor materials for the electronics and energy industries with headquarters in France, … Continue reading →

Jeddah, Saudi Arabia: 08 April, 2013:Amadeus, a leading transaction processor and technology partner to the global travel and tourism industry, today concluded the first of its three cityAmadeus Technology Show in Saudi Arabia. Held in partnership with Saudi Arabian Airlines … Continue reading →

Madrid, Spain, 6 March 2013:Amadeus, a leading technology partner for the global travel industry, and Thalys, the international high-speed rail operatorconnecting Paris and Brussels withGermany and the Netherlands, announce today a partnership agreement to distribute Thalys’services through Amadeus’ global distribution … Continue reading →