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Ramadan Promotions Attract Shoppers

RIYADH: Marking another turning point in the history of consumer promotions in the retail sector, more than 200 cars of different makes are being given away to the lucky winners during Ramadan this year by leading supermarkets and business houses in the capital city. This is in addition to several other valuable prizes to be won in raffles, gifts given by fast food outlets to children and a range of game and fun items offered by recreational parks in Riyadh.

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ACE, JLT Form Joint Venture

RIYADH, 20 August 2007 — Arab Commercial Enterprises (ACE), an insurance company headquartered here, and Europe’s Jardine Lloyd Thompson (JLT), announced that they have agreed to establish a joint venture company in Saudi Arabia to support an exclusive trading agreement for the Kingdom and “to underline their commitment to seek to align their interests, wherever possible, throughout the Arab world.”

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