Business & Money | Sunday 1 February, 2015 8:28 am

Saudis waiting for lower housing unit prices

The prices of housing units are expected to decrease due to the low prices of building materials which dropped by a staggering 25 percent. Steel prices also fell globally to reach 20 percent at the end of 2014 and are expected to decline further in the coming months, according to experts. The...

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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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Culture & Education | Saturday 31 January, 2015 12:20 pm

WAMY meet lauds KSA support for world youth

Saudi Arabia’s support to Muslim causes in general and youth in particular the world over has received high praise from prominent leaders of the 12th international conference of the Riyadh-based World Assembly of Muslim Youth (WAMY), which opened here on Thursday (Jan. 29).In his address at the...

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Technology & IT | Saturday 31 January, 2015 10:38 am

IDC Predicts an Optimistic Outlook for Enterprise Application Software

– The top three enterprise application software (EAS) vendors hold a dominating market share of 81.8% in the Arab Middle East and North Africa (MENA) region, according to the latest insights from International Data Corporation (IDC). Referencing its 'Arab Middle East and North Africa Enterprise...

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Government | Saturday 31 January, 2015 3:56 am

US military essay contest to honor King Abdullah

The chairman of the Joint Chiefs of Staff has established a research and essay competition in honor of King Abdullah, to be hosted by the National Defense University.King Abdullah oversaw the modernization of his country’s military during the time he spent as commander of the National Guard, a...

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Technology & IT | Saturday 31 January, 2015 3:34 am

Nexthink Delivers 60% Growth in New ITOA Segment

Nexthink®, the unique provider of End-user IT Analytics, today announced 60% year-on-year growth in 2014 and continuing momentum into 2015 with its flagship event Analytics’15. In addition, Nexthink has secured $14.5 million in a Series D round of funding, led by Auriga Partners with...

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Technology & IT | Saturday 31 January, 2015 2:31 am

2015: Wearables, Millennials & Consumers ‘Caught in the Act’

In tech, we like nothing better than a new trend – and we all know that fashion matters, so we get onboard with it. As an industry we’ve proven to be masters at hyping new trends, setting unrealistically high expectations for them and then, when dust settles, sometimes making money.So what are...

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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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