Business & Money | Thursday 3 March, 2016 7:34 am

Turkey open to further investments from Saudi Arabia, says ŞimŞek

Saudis are now investing $15 billion in Turkey, said Turkish Deputy Prime Minister Mehmet Şimşek, adding that they are seeking to double this amount in the near future. The major investment sectors are power, telecommunications and real estate, with the former adding up to $6 billion investment....

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Business & Money | Thursday 3 March, 2016 7:32 am

Madinah governor opens projects in Wadi Al-Fara

Madinah Gov. Prince Faisal bin Salman recently launched several developmental and charity projects worth SR106 million in the Wadi Al-Fara province. The projects are expected to include investments in rural development, education, charity and health, along with a project for the headquarters of...

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Business & Money | Thursday 3 March, 2016 7:31 am

JEF 2016: Saudi economic reforms drive ‘impressive’

Saudi Arabia’s economic reform program, with its emphasis on encouraging private sector investment, is on the right track to achieve diversified growth. This was the view of most of the speakers and delegates at Jeddah Economic Forum 2016 on Wednesday. “Saudi Arabia needs to develop...

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Business & Money | Thursday 3 March, 2016 6:56 am

CNN International names Aly Vance as new host of ‘Winning Post’

CNN International today announced that British sports presenter and journalist Aly Vance (nee Rowell) is to host ‘Winning Post’, the network’s monthly flat-racing show.   Vance, a former international athlete, is an experienced presenter who has worked for...

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Business & Money | Thursday 3 March, 2016 6:48 am

ARGAS celebrates its golden jubilee and lays the foundations for a successful future

ARGAS, the Arabian Geophysical and Surveying Company, today celebrated its first 50 years of success with an eye firmly on the future, as it laid the cornerstone of its new Center for Research and Development in the Dhahran Techno Valley, in the Eastern Province of Saudi Arabia.   The...

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Business & Money | Wednesday 2 March, 2016 5:09 pm

M&A Opportunities for MENA at Mid-Market Forum on March 3rd in Dubai

The Sixteenth M&A Mid-Market Forum (MMF), which will be held in Dubai on March 3rd 2016, will be focusing on developments within regional and global markets. Bringing together leading companies of the region and world leading investment banks, the forum will provide a...

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Business & Money | Wednesday 2 March, 2016 4:02 pm

Citymax Celebrates Award-Winning Chefs

Citymax hotel Al Barsha are pleased to celebrate the success of its talented chefs at the Gulfood 2016: Emirates Culinary Guild Salon Culinaire competition. Chef Sandeep Pundir was awarded with Silver Medal in the chicken practical cookery category, Chef Faizal Aminat and Chef Rabin K Sivaram were...

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Business & Money | Wednesday 2 March, 2016 3:59 pm

Sheikh Mohammed Bin Rashid Al Maktoum Launches AED30 Billion

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has confirmed that the UAE is moving headway with its strategic plan to diversify the national economy and reduce dependence on revenues from oil. His Highness reiterated...

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Business & Money | Wednesday 2 March, 2016 3:57 pm

Holy Quran made of Stone Paper attracts attention at Paperworld Middle East 2016

The Parax Paper stall featuring samples of the first copies of the Holy Quran printed on stone paper, was the centre of attraction on the second day of Paperworld Middle East at the Dubai International Convention and Exhibition Centre.   The revolutionary and environmentally-friendly...

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Business & Money | Wednesday 2 March, 2016 3:00 pm

Kinan Releases Quarto Residential Units in Masharef Jeddah

 Kinan for real estate development recently unveiled its all-new Quarto residential units at its Masharef project in Jeddah. The novel units allow owners to enjoy living in one of four units in one building. These units have the privacy of a villa, which could be an incentive for those who...

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