Business & Money | Saturday 1 August, 2015 1:17 am

IATA Disappointed by Aéroports de Paris 2016-2020 Airport Charges Agreement

The International Air Transport Association (IATA) criticized the decision by the French Government to allow the operator of Paris-Charles de Gaulle (CDG) and Paris-Orly (ORY) airports to continue increasing airport charges for each year of the 2016-2020 period. The French government’s...

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Business & Money | Friday 31 July, 2015 5:44 pm

BBPOS Unveils Best-in-Class Chipper 2X Scheduled for Q3 2015 Debut

Chipper 2X is the latest merchant mobile card acceptance solution from BBPOS, already an innovation leader with its family of successful Chipper mPOS products. Chipper 2X is the only chip card reader that combines magstripe, EMV and NFC compatibility, along with the ability to accept Apple Pay,...

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Business & Money | Thursday 30 July, 2015 2:43 pm

Security comments on the FCA’S recall of 1.4 million vehicles in the US

Last Friday, Fiat Chrysler Automobile (FCA) announced that it would recall 1.4 million vehicles in the US to install software that would prevent hackers obtaining control of the engine remotely, including the steering wheel and other systems in cars. The successful breach allowed hackers to take...

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Business & Money | Thursday 30 July, 2015 2:35 pm

EY Riyadh employees visit the King Fahad National Centre for Children's Cancer and Research

Volunteers from EY Riyadh office recently visited the King Fahad National Center for Children’s Cancer and Research to distribute gifts among the children for the occasion of Eid Al-Fitr. The visit was aimed at boosting the morale of the children and raising awareness for volunteer work and...

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Business & Money | Thursday 30 July, 2015 3:22 am

New tire rules to take effect in November

The board of the Saudia Standards, Metrology and Quality Organization has announced that mandatory application of the regulations on new tires produced or sold in the Kingdom will commence in November this year. The board explained that the technical regulations have set limits for rolling...

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Business & Money | Thursday 30 July, 2015 3:19 am

Haramain Train makes first trial run

The Saudi Railways Organization conducted the first successful trial run of the Haramain Express Train on Tuesday on a 100-kilometer stretch between Rabigh and Madinah. The 450-kilometer high-speed railway linking Makkah and Madinah via Jeddah and Rabigh is expected to become fully operational next ...

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Business & Money | Thursday 30 July, 2015 2:44 am

TURNING THE TIDE ON OCEAN PLASTIC POLLUTION

Retrieved by Parley for the Oceans from shorelines around the world, the RAW for the Oceans collection repurposes approximately 700,000 PET plastic bottles each season through its use of Bionic yarn. Since the collaboration’s inception, partner Parley has cleared 53 tonnes of plastic debris...

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Business & Money | Thursday 30 July, 2015 1:41 am

Visa and Stripe Partner to Expand Online Commerce Globally

Visa Inc. (NYSE:V) and Stripe, a mobile and online payment provider, today announced a strategic partnership to support new technologies and online payment experiences for merchants, developers and consumers worldwide. Through this relationship, Stripe will accelerate its international expansion,...

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Business & Money | Wednesday 29 July, 2015 1:30 pm

GE LIGHTING JOINS ARAB FUTURE CITIES SUMMIT AS ‘SMART LIGHTING PARTNER’

Expotrade, organizers of the 2nd Annual Arab Future Cities Summit Dubai 2015 is proud to announce GE Lighting as a ‘Smart Lighting Partner’ for this year’s edition of the summit. Held under the patronage of the Dubai Municipality, the two-day summit will take place on 2-3 November ...

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Business & Money | Wednesday 29 July, 2015 6:08 am

MENA governments considering new tax measures to meet budget expeditures

To preserve economic and social stability and continue with development plans, MENA governments are considering tax measures to broaden their revenue base and increase tax yields. The evolving tax landscape in the MENA region was discussed at the EY MENA Tax Conference held recently in London. The...

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