Business & Money | Tuesday 5 July, 2016 2:24 pm

AL-KHALIJI BOARD OF DIRECTORS WILL MEET ON 20/07/2016 TO DISCUSS FINANCIAL RESULTS ENDING ON 30/06/2016

Al Khalij Commercial Bank (al khaliji) P.Q.S.C. announced that its Board of Directors will meet on 20/07/2016 to approve the financial results ending on 30/06/2016. The Board will equally consider other regular business related items. All sensitive matters reported to or discussed at the Board...

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Business & Money | Tuesday 5 July, 2016 2:11 pm

World-record electric motor makes first flight

Siemens researchers have developed a new type of electric motor that, with a weight of just 50 kilograms, delivers a continuous output of about 260 kilowatts – five times more than comparable drive systems. This record-setting propulsion system successfully completed its first public flight...

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Business & Money | Tuesday 5 July, 2016 1:59 pm

PwC to build academy in support of Vision 2030

The Ministry of Commerce and Investment has signed an agreement with PwC, a professional services firm, to set up PwC’s academy in the Kingdom to offer training and development opportunities to Saudi nationals. The memorandum of understanding was signed in New York City by Minister of...

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Business & Money | Tuesday 5 July, 2016 6:21 am

UNESCO to help KSA implement cultural aspects of Vision 2030

The Saudi representative to UNESCO, Dr. Ziyad Aldreiss, said the world body is prepared to cooperate with the Kingdom to see it achieve the goals of its Saudi Vision 2030. He said that UNESCO Director-General Irina Bokova praised the Saudi document, and that the organisation is ready to cooperate...

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Business & Money | Tuesday 5 July, 2016 2:10 am

Xerox’s New Head Of Marketing for MEA Values Diversity, Innovation

 Today, Xerox announced the appointment of Pui Chi Li as the head of marketing for Middle East and Africa (MEA). Chi, the first woman to hold this position, will oversee Xerox marketing and communications activities, technology product and offering management, strategic pricing, sales...

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Business & Money | Monday 4 July, 2016 5:02 pm

Ericsson ConsumerLab: Turkey tops advanced countries in mobile internet services

Ericsson (NASDAQ: ERIC) announced the results of its latest ConsumerLab study on smartphone mobile internet users in Turkey highlighting Turkey as a leading country  in mobile internet services compared to advanced markets.  Reaching out to 1,500 smartphone users in 26 cities across...

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Business & Money | Monday 4 July, 2016 4:48 pm

Companies in Saudi Should Avoid 4 Common ‘Document Capture’ Tech Implementation Mistakes

Digital transformation isn’t just a means to a competitive edge or an efficient business —it’s crucial to success. Advanced document capture and information management solutions can help businesses in Saudi automate and streamline workflows, empowering employees to get more done...

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Business & Money | Monday 4 July, 2016 5:32 am

TCA expands to Saudi Arabia

After eight successful years leading the sales and marketing of international luxury hotels, Travel Connections Arabia (TCA) has expanded with a new office opening in Riyadh, Saudi Arabia. Paired with the original UAE-based office in Dubai, this is TCA’s second base in the GCC. TCA offers...

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Business & Money | Monday 4 July, 2016 2:34 am

SMRT International and United Technical Services Invest in Netherlands-based 2getthere

SMRT International Pte Ltd (SMRT International) and United Technical Services (UTS) today announced their investments in 2 Getthere Holding B.V. (2getthere), a Netherlands-based company that designs and makes a family of Automated Vehicles (AV).  SMRT International is acquiring a 20% stake...

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Business & Money | Sunday 3 July, 2016 4:01 pm

Al Rifai appointed CFO Siemens Middle East

Siemens has appointed Alia Al Rifai (40) as Chief Financial Officer (CFO) of the company’s Middle East region, effective July 1. Al Rifai assumed her new role after two years as Senior Executive Vice President of Finance for the Energy Management Division in the region. She takes over from...

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