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Lieutenant Governor Manoj Sinha along with Rejith Radhakrishnan, Chief Operating Officer of Lulu India and Amit Jain, Group CEO of EMAAR at the Foundation stone laying ceremony of Mall of Srinagar in Sempora, Srinagar, J&K.
Foundation stone laid for Mall of Srinagar, developed by EMAAR
In a big thrust for the development of Jammu & Kashmir, the Lieutenant Governor Manoj Sinha today laid the foundation stone for the Mall of Srinagar, being developed by Dubai based EMAAR. Middle East retail major Lulu Hypermarket will be the anchor tenant of this ambitious project.An MoU to this effect was was signed by Rejith Radhakrishnan, Chief Operation Officer of Lulu India and Amit Jain, Group CEO of EMAAR on the side lines of groundbreaking ceremony of Mall of Srinagar at Sempora in Srinagar. The Rs 250-crore project will be built on 1 million square feet of area and be ready by 2026.As per the MOU, LuLu Group will be setting up its first hypermarket in J&K at the Mall of Srinagar with an approx. size of 100,000 sq. feet. and will employ about 1,500 youth from the state directly for...
March 24, 2023

Foundation stone laid for Mall of Srinagar, developed by EMAAR

IMC organizes its 1st International Nursing Symposium
Under the auspices of the CEO, Dr. Walid Fitaihi, Founder of the International Medical Center and Chairman of the Board, the IMC organizes its 1st International Nursing Symposium titled “Global Future of Nursing: Evolving today to achieve tomorrow.” This Event took place on the 20th and 21st of February 2023 at the InterContinental Hotel in Jeddah and hosted more than 24 national and international speakers who pioneers in the profession of nursing. These diverse speakers from different backgrounds and specializations helped the attendees, throughout the 20 sessions of the event and the 6 interactive workshops, gain fundamental experience that will be implemented in their daily lives as healthcare professionals.Ms. Nada Massoudi, Chairperson, Symposium Committee, highlighted how being...
March 24, 2023

IMC organizes its 1st International Nursing Symposium

Immerse in the Spirit of Ramadan at Four Seasons Hotel Riyadh
This Ramadan, Four Seasons Hotel Riyadh welcomes guests to experience the true essence of the Holy Month with a distinctive line-up of culinary celebrations and tranquil experiences to be shared with family and friends.A Memorable Stay For a perfect escape in the city, the hotel’s special Ramadan Retreat package offers families a relaxing getaway in newly renovated rooms and suites inclusive of Iftar for two at the Ramadan Tent, 25% off on food & beverage, 25% off on spa treatments, 25% off on laundry and complimentary valet parking.Guests can also create unforgettable memories with a special Ramadan Nights package offering guests 20% off on room rate, complimentary parking, 25% off spa, 25% off on food & beverage and 25% off on laundry.Book your Ramadan escape now at Four Seasons Hotel...
March 24, 2023

Immerse in the Spirit of Ramadan at Four Seasons Hotel Riyadh

‏Saudi Banks: SR 417 million investment by banks within its social responsibility in 2022
Saudi Banks Media and Awareness Committee announced that the total investments and contributions of Saudi banks during 2022 were worth more than SR417 million, which comes within its commitment to social responsibility in the economic, educational, health, and other fields.‏Banks have contributed directly and indirectly to achieve a positive impact, thanks to the systematic and clear plans included, which focused on the concept of sustainability in its three dimensions: social, environmental, and economic.‏A report issued by the Saudi Banks Committee recently showed that the areas of these contributions covered several sectors, including health, education, environment, community service and charitable support, financial culture, economic development and entrepreneurship, small and...
March 23, 2023

‏Saudi Banks: SR 417 million investment by banks within its social responsibility in 2022

Federal Reserve chairman Jerome Powell
US raises interest rates despite banking turmoil
NEW YORK — The US central bank has raised interest rates again, despite fears that the move could add to financial turmoil after a string of bank failures.The Federal Reserve increased its key rate by 0.25 percentage points, calling the banking system "sound and resilient".But it also warned that fallout from the bank failures may hurt economic growth in the months ahead.The Fed has been raising borrowing costs in a bid to stabilize prices.But the sharp increase in interest rates since last year has led to strains in the banking system.Two US banks - Silicon Valley Bank and Signature Bank - collapsed this month, buckling in part due to problems caused by higher interest rates.There are concerns about the value of bonds held by banks as rising interest rates may make those bonds...
March 23, 2023

US raises interest rates despite banking turmoil

Tamimi Markets announces Ramadan's special offers and charitable campaign
In celebration of the Holy month of Ramadan, “Tamimi Markets”, the prominent fresh food retailer in the Kingdoms of Saudi Arabia and Bahrain, announced its “Fresh Savings and Family Celebrations” promotion.“Ramadan is a special time of year celebrated with peace and reflection at large family gatherings surrounded by an abundance of fresh traditional foods. As a Saudi family serving the families of Saudi Arabia with Fresh, Safe, Healthy foods, with a smile, it’s our turn to make you smile with exceptional savings this holiday season” said Bobby Rajendran, CEO of Tamimi Markets. “Tamimi Markets” attractive price promotions are featured throughout Ramadan within its weekly Ad Flyer, plus in-store and with special discounts online on select items. All qualified purchases...
March 22, 2023

Tamimi Markets announces Ramadan's special offers and charitable campaign

Centrepoint embraces the season with its ‘Ramadan In Bloom’ campaign
Renowned for giving its customers a 360 shopping experience, Centrepoint reveals its ‘Ramadan In Bloom’ campaign. Bringing together stellar collections from its four bespoke brands, the region’s leading one-stop fashion destination entwines the essence of spring and Ramadan to create a unique and captivating edit.The campaign revolves around celebrating the beauty of nature while rediscovering the beauty within oneself. As the world blossoms, so too can you, this Ramadan. Discover the season’s latest drops from Splash, Shoemart, and Babyshop with an exclusive campaign that comes to life through a series of stunning visuals. Set in a soft and romantic mood, a sea of flowers harmoniously envelop the collection creating a dreamy escape that celebrates the joy and delight of the...
March 20, 2023

Centrepoint embraces the season with its ‘Ramadan In Bloom’ campaign

Giordano celebrates 30 years of operations in the Middle East          
Giordano Middle East celebrates their 30 years of operations in the region and caps off a successful year by bagging two of the most prestigious global retail awards.The global apparel brand - known for its everyday wardrobe essentials - first arrived in the region back in 1993. From a single store in the UAE’s Bur Juman Centre, Giordano has since grown to become a trusted retail brand with 275 stores across the region.One reason for the brand’s success with local consumers is its consistency, and this is a quality that extends far beyond the clothes it sells. The consistent and sustainable growth of Giordano in the region is testament to the strength of its brand and their products.In 2022, Giordano received the RLI Global Retailer of the Year Award bestowed by Retail & Leisure...
March 20, 2023

Giordano celebrates 30 years of operations in the Middle East          

Ramadan LuLu.
LuLu KSA announces great deals celebrating spirit of Ramadan
Lulu Hypermarket in the Kingdom of Saudi Arabia will welcome the Spirit of Ramadan with special Ramadan treats that will fulfill the requirements of the sacred month when shoppers look for value and quality. From convenient pre-packed Ramadan Kits with all the essentials in one box, ready-to-prepare foods like samosa, kibbeh etc. in the ‘Freezer to Fryer’ section, the best cuts of meat and fresh fruit and vegetables for Ramadan meals, cold-pressed and fresh juices, desserts, delicatessen cheeses and cold cuts, to children’s treats and even special diet meals (vegan, organic, keto etc), there is something for everybody at LuLu.In addition, LuLu has stocked up on amazing Ramadan gifts for family times and Ramadan-themed cards for ready-packed Iftar and Suhoor meals. Available in...
March 20, 2023

LuLu KSA announces great deals celebrating spirit of Ramadan

Saudi, Turkish Ministers of Commerce inaugurate 1st Turk Expo 2023 for export products
Dr. Majid Al-Qassabi, the Saudi Minister of Commerce and Chairman of the Board of Directors of the General Authority of Foreign Trade of the Kingdom of Saudi Arabia, and his Turkish counterpart, Dr. Mehmet Muş, inaugurated Sunday evening the first Turkish Export Products Trade Fair “Turk Expo 2023” in Riyadh with participation of 150 Turkish companies and attendance of a large group of visitors.Commenting on the occasion, Al-Qassabi said that the exhibition industry is very important, given the opportunities it creates for investors, enabling them to directly learn more about different industries. The Turkish export products trade fair held in Riyadh, he added, strengthens commercial relations between Saudi Arabia and Turkey by introducing the exhibited products to both investors and...
March 20, 2023

Saudi, Turkish Ministers of Commerce inaugurate 1st Turk Expo 2023 for export products

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