Government | Saturday 31 January, 2015 12:28 pm

KSA population is 30.8m; 33% expats

Saudi Arabia’s population stood at 30.8 million at the end of 2014, a 2.6 percent rise from 2013, according to data released by the Kingdom’s Central Department of Statistics and Information (CDSI).There were 20.7 million Saudis, making up 67 percent of the population, while the number of...

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Business & Money | Saturday 31 January, 2015 12:25 pm

Al-Issa: KSA firm in dealing with human trafficking

Minister of Justice Mohammed Al-Issa said Thursday that human trafficking is a major criminal act according to Islamic law and is punishable by up to 15 years in prison and fines of up to SR10 million.The minister made this remark during a meeting at his office in Riyadh with a delegation from the...

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Tourism & Hospitality | Saturday 31 January, 2015 12:22 pm

KACST embarks on solar desalination project

The King Abdulaziz City for Science and Technology (KACST) signed an agreement with the Advance Water Technology Company (AWTC) for planning out the design and construction of solar water desalination plant in Khafji with a production capacity of 60,000 cubic meters per day.The accord was signed by ...

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Government | Friday 30 January, 2015 1:02 pm

King Salman’s expertise ‘vital for economic growth’

Custodian of the Two Holy Mosques King Salman is the right person to grow the economy because of his immense achievements as former governor of Riyadh and being a close confidant of previous rulers, said several business leaders and experts recently.Fahad Al-Hamadi, president of the Arab...

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Government | Friday 30 January, 2015 1:59 am

Buying cars online a dodgy business

The Interior Ministry has warned consumers that they should be wary of buying cars online because of the potential for fraud, particularly if bank accounts are registered overseas.The ministry had received a notification from the Ministry of Foreign Affairs that criminals are using certain websites ...

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Government | Friday 30 January, 2015 1:50 am

King Salman Ibn Abdulaziz Issues A Number of Royal Decrees

A huge Cabinet revamp has taken place following a royal decree issued by Custodian of the Two Holy Mosques King Salman.Prince Turki bin Abdullah has been relieved as governor of Riyadh, and so with Prince Mishaal bin Abdullah as Makkah governor. Prince Faisal bin Bandar was replaced as Qassim...

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Business & Money | Thursday 29 January, 2015 2:09 pm

Saudi Total participates successfully and effectively in Saudi Transtec 2014

Saudi Total Petroleum Products Company successfully participated in the in the Saudi Arabian Transport & Logistics Exhibition & Conference (Saudi Transtec 2014), which was held recently in the Eastern Province, with the attendance of more than 5,000 of concerned visitors. "Saudi Transtec 2014" is...

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Business & Money | Thursday 29 January, 2015 7:54 am

Tadawul: Petchems, banks surge again on strong volume

Saudi Arabia’s stock market gained strongly for a second straight day as oil prices rebounded from the day’s lows, reinforcing a growing perception among investors that they have found a floor.Brent crude fell early on Tuesday after an industry report said US crude stocks rose by the most in...

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Business & Money | Thursday 29 January, 2015 7:51 am

Riyadh one of world's 50 safest cities

Riyadh ranked 46th in the list of the world’s 50 safest cities for 2015, with Tokyo topping the list and Jakarta trailing at the end, according to the annual report drafted by The Economist magazine. In its evaluation of the 50 safest cities, The Economist used four indicators including the...

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Business & Money | Thursday 29 January, 2015 12:02 am

SIDRA CAPITAL SPONSORS MADINAH JOB FORUM

Sidra Capital, the CMA licensed financial services provider, has announced its sponsorship of the Madinah Job Market and Employment Forum, which is being organized by the Ministry of Labour and will be held from 4-5th February 2015 under the auspices of His Royal Highness Prince Faisal bin Salman...

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