“Logta Mall” has launched recently logistic services aiming to support its e-commerce platform, in inaugurating the first logistic center in Riyadh – Kingdom of Saudi Arabia, starting to deliver the products for shoppers by its own cars to ensure a 24 hours delivery service. ‘Islam Zween’, CEO, “Logta” commented on the newly-launched service: “Current shipping [...]

Plans to introduce a value-added tax for Gulf Arab oil exporters remain at a technical stage with the timing of the long-considered project still undecided though 2012-2015 have been tentatively discussed as potential launch dates, officials said. Six Gulf Arab crude producers have been mulling the joint VAT plan over the past five years, aiming [...]

Dubai, Aug 18 (PTI) Saudi Arabia is the cheapest place to build in the Middle East, while construction in Bahrain costs more than anywhere else in the Gulf region, a new report has revealed. The study by international built asset consultancy EC Harris indicated that it was almost half as expensive to build in Saudi [...]

Migrant workers mulling a move to the GCC would choose to live in Saudi Arabia over neighboring Gulf state the UAE, a report published Wednesday said. A report by Abu Dhabi Gallup said 52 percent of foreign workers hoping to live in the Gulf would choose to live in Saudi Arabia, compared to 35 percent [...]

US lingerie brand Victoria’s Secret will open two new stores in the Gulf by August as it looks to capitalise on the region’s growing retail market, the firm’s franchise partner said. The glamorous line will launch a new outlet in the Kingdom Centre in Saudi Arabia’s capital Riyadh this weekend, followed by a store in [...]

Riyadh, 5th April, 2011- Jadwa Investment, a leading Saudi investment bank, has won the ”Best Gulf Countries Fund”, “Best Gulf Countries Islamic Fund” and ”Best Arab Fund”’ Awards for 2010 at the Gulf Lipper Fund Awards 2011 held recently in Dubai. Lipper in collaboration with Thomson Reuters has over 35 years of collective fund industry [...]

Despite the cultural shock you are likely to get, and in some cases the religious and social disparities as well, mutual curiosity is one thing that can ignite interaction between you and a Saudi. Royal biographer and historian Robert Lacey, having seen a huge success from his bestselling The Kingdom: Arabia and the House of Sa’ud, published [...]

18th July 2010 – PricewaterhouseCoopers (PwC), a leading international professional services organisation, has found initial public offering (IPO) activity in the Kingdom of Saudi Arabia (KSA) still to be leading the regional IPO activity in the first half of 2010 with seven of the eight taking place in KSA. The number of IPOs was up [...]

The Riyadh Exhibition for Real Estate and Architecture Development 2010 (RESTATEX 13), in its 13th edition, will be attended by distinguished audience of senior officials in the ministry of municipal and rural affairs, council of Saudi chambers of commerce and industry, Riyadh chamber of commerce and industry, the heads of leaders’ real estate companies, selected [...]

The company plans to Saudi Research and Publishing Award broaden the base of «economic» the best work environment Saudi Arabia, which issued annually to include in 2010 the GCC release a list of the best work environment in the Gulf and in collaboration with our technical partner to the list of company «Tim Wen» Consulting. [...]