Business & Money | Sunday 16 July, 2017 8:24 am

GCC GDP on growth path despite decline in oil price

Regional economies have been on an accelerated growth trajectory for the period 2011-14, which has been mainly fueled by record oil prices with the banking sector being the largest beneficiary of the economic boom. In a detailed report compiled by Al Masah Capital Limited, non-core income...

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Government | Sunday 16 July, 2017 8:06 am

Saudi Haj minister inspects institutions in preparation for Haj 2017

Minister of Haj and Umrah Mohammed Saleh bin Taher Bentin has started inspection and field visits, as well as preparatory meetings with the board of directors for Tawafa owners in preparation for the coming Haj season. Bentin started by visiting the National Tawafa Establishment for Pilgrims of...

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Government | Sunday 16 July, 2017 8:04 am

Housing Ministry launches 27,658 housing products across Kingdom

The Ministry of Housing has launched 27,658 housing products across the Kingdom within its “sakani” (housing) program to allocate and deliver 280,000 housing products this year, the Saudi Press Agency (SPA) said. The program includes 7,700 financially supported products to be funded by ...

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Culture & Education | Sunday 16 July, 2017 7:57 am

Okaz Theater — one of the most attractive features of the Saudi cultural festival Souq Okaz

There are many features that attract visitors to Souq Okaz; one of these is the Okaz Theater, which held the launch ceremony this year. The 2,500-seat theater is a principal feature of the festival that includes halls, offices and a stage. The venue also has traditional activities and popular...

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Tourism & Hospitality | Sunday 16 July, 2017 7:55 am

6 tourism initiatives to be launched today

The Saudi Commission for Tourism and National Heritage (SCTNH) will launch on Sunday six initiatives to develop tourism and heritage. The SCTNH is reviewing its strategies to be in conformity with Vision 2030 and contribute in achieving the goals of the National Transformation Program (NTP)...

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Cars & Autos | Friday 14 July, 2017 10:33 am

Lexus hybrid sales soar 225% in the first half of 2017 in the UAE

Al-Futtaim Motors, leader in sustainable mobility and exclusive distributor of Lexus in the UAE, has announced a 225% increase in its hybrid sales for the first half of this year, compared to the same period in 2016, bolstering the company’s support for the UAE Vision 2021.   The...

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Tourism & Hospitality | Friday 14 July, 2017 9:38 am

ETIHAD AIRWAYS INCREASES FREQUENCY TO EGYPT AND NIGERIA

Etihad Airways is adding year-round flights between its Abu Dhabi hub and both Cairo and Lagos later this year to cater to growing demand to and from the United Arab Emirates.   A fifth daily scheduled service will be introduced on the Cairo route, effective 1 October 2017, taking...

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Cars & Autos | Friday 14 July, 2017 7:42 am

Bose Wins Global Supplier Award from Nissan for Automotive Innovation

Nissan Motor Corporation has selected Bose for a 2017 Global Supplier Award in the field of automotive innovation for creating the first-of-its-kind Bose® Personal® sound system in the all-new Nissan Micra. Each year, Nissan recognizes quality, excellence, and innovation from its global...

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Business & Money | Friday 14 July, 2017 6:52 am

Intuit Launches Global Search for 2017 Firms of the Future

(NASDAQ:INTU) is searching for the next Firm of the Future and is inviting accounting firms based in Australia, Canada, the United Kingdom and the United States to enter the contest and vie for the coveted title. Following the widely successful global search for last year’s winner, Intuit is...

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Environment & Energy | Friday 14 July, 2017 6:36 am

Sumitomo SHI FW Wins Contract for Recycled Wood Fired CFB Boiler

Sumitomo SHI FW announces today that it has been awarded a contract by Mälarenergie AB for design, supply and assembly of a circulating fluidized-bed (CFB) steam generator for Mälarenergie’s heat and power plant, in Västerås, Sweden. Under the contract Sumitomo SHI FW...

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