JEDDAH | Saudi Arabia – Business can now hire people for night shifts as the Kingdom shifts to 24-hour trading, with the government releasing the terms and condition for employment. The regulations are to make sure the rights of night shift workers are protected and that employers maintain a healthy work environment. Night shifts run … Continue reading BUSINESS | Saudi Arabia Sets Out Night Shift Labor Code
Jeff Bezos is still the richest person in the world, even after losing $10 billion in one year. The Amazon founder held onto the top sport in the final day of the 2019 Bloomberg Billionaire Index with an estimated net worth of $115 billion. He’s trailed closely by Microsoft founder Bill Gates, whose estimated worth … Continue reading BUSINESS | Jeff Bezos Is Still The Richest Person In The World
RIYADH | SAUDI ARABIA – The Qiddiya Development, the development branch of Qiddiya Investment, announced the readiness of the first part of its new office complex ahead of schedule. Qiddiya Development is tasked with designing and operating the largest entertainment giant complex for sports, arts, and entertainment in the region. The progress comes in the … Continue reading KSA | Saudi Arabia: Qiddiya Announces Progress, Readiness of New Office Complex
DUBAI | UAE - - Dubai’s Department of Economic Development (D.E.D.) expects the real GDP growth to reach 2.1. percent this year, 3.2 percent in 2020, and 3 percent in 2021. Crown Prince of Dubai and Chairman of Executive Council of Dubai Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum stressed that the comprehensive development … Continue reading BUSINESS | Dubai Expects 3.2 Growth in 2020
It’s the first time two of the most famous names in retailing have combined in what they say is a long-term partnership. But what to call the venture? Pradidas and Adada are among the favorites in the Twittersphere. Prada’s marketing department could probably do better, though, as they’ve already demonstrated peerless descriptive powers in the … Continue reading BUSINESS & FASHION | Adidas And Prada: Or Should That Be Pradidas Or Adada?
MILAN | ITALY – British exotic sports car maker McLaren Automotive will bank on expanded sales in Asia and a new generation of hybrid cars as it steers toward a potential public offering, the company’s chief executive said on Tuesday. ‘We need to put more cars into Asia”, McLaren CEO Mike Flewitt said in a … Continue reading BUSINESS | McLaren Looks To Asia And Hybrid Cars To Stay On Track
Italy’s Cavalli Rescued By Dubai’s Damac Chairman MILAN | ITALY – Italian fashion house Roberto Cavalli was bought on Thursday by Hussain Sajwani, the chairman of Dubai’s Damac Properties, the companies said, ending a long sale process. The Florence-based group, founded by designer Robert Cavalli in the early 1970s and famed for its animal prints, … Continue reading BUSINESS | Italy’s Cavalli Rescued By Dubai’s Damac Chairman