Business & Money | Wednesday 29 April, 2015 10:05 am

JIB posts US$ 16.08 million in profits after tax For the first quarter of 2015

- Jordan Islamic Bank (JIB) achieved net profits after tax for the first quarter of 2015 that amounted to about US$ 16.08 million compared to about US$ 14.67 million for the first quarter of 2014 with a growth of about 9% , whereas profits before tax for the 1st quarter of 2015 reached about...

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Healthcare | Wednesday 29 April, 2015 7:48 am

Antibiotic Use in Pregnancy

While the majority of antibiotics prescribed during pregnancy do not increase the risk of term babies being born with epilepsy or cerebral palsy, a class of antibiotics known as macrolides may carry a small risk, finds research by teams at the UCL Institute of Child Health, research partner of...

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Tourism & Hospitality | Wednesday 29 April, 2015 7:32 am

SR800 million to develop Jeddah’s north beachfront

The cornerstone of the fourth and fifth stages of Jeddah Corniche’s northern beachfront project was laid on Tuesday. The cost of the project is SR800 million.The length of the project is 4.5 km starting from the Al-Nawras Roundabout in south Jeddah up to the Corniche crossroads linking Jibreen...

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Government | Wednesday 29 April, 2015 7:31 am

Competition to promote local products

Riyadh Gov. Prince Faisal bin Bandar will open the Top 100 Saudi Trademark awards ceremony on May 17 at the Riyadh Marriott Hotel.“He will also give awards to the winners and the event is expected to engender healthy competition among local brands,” said Usamah M. Al-Kurdi, the spokesperson.The ...

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Technology & IT | Wednesday 29 April, 2015 6:45 am

Nissan AVM tech to go underwater for deep sea exploration

Nissan is providing its unique Around View Monitor (AVM) technology to the Japan Agency for Marine-Earth Science and Technology (JAMSTEC) and Topy Industries, Ltd., through a joint development project that may help uncover the mysteries of the oceans. The joint development contract with JAMSTEC...

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Technology & IT | Wednesday 29 April, 2015 6:36 am

Aon Risk Solutions celebrates Business Insurance’s 2015

Aon Risk Solutions, the global risk management business of Aon plc (NYSE: AON), congratulates its clients that were recognized by Business Insurance’s 2015 Risk Manager of the Year awards program. Kathleen M. Ireland from IBM Corp. took top honors as the 2015 Risk Manager of the Year along with...

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Business & Money | Wednesday 29 April, 2015 1:19 am

3M Announces First-Quarter Results

Company Posts Sales of $7.6 Billion and Earnings of $1.85 per ShareFirst-Quarter Highlights:• Organic local-currency sales growth of 3.3 percent• Positive organic local-currency growth in all business groups and geographic areas• Operating income margins of 22.8 percent, up 0.9 percentage...

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Environment & Energy | Wednesday 29 April, 2015 1:13 am

Gulf Petrochem to launch first Indian focused real estate fund

• GP commits US$10 million as seed capital to Fund; aims to raise US$100 million• DIFC’s Exempt Fund tailored to provide professional and institutional investors with unique and tax efficient access to diversified portfolio of professionally managed ‘Grade A’ real estate assets in...

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Tourism & Hospitality | Wednesday 29 April, 2015 12:38 am

Oman Air Hosts Major Gulf Flight Safety Council Meeting In Muscat

Oman Air has hosted a major meeting of the (GFSC) which was held at the Golden Tulip Hotel, Muscat The event was well-attended by representatives from the Public Authority for Civil Aviation (PACA), the Royal Oman Police, the Royal Air Force of Oman and Oman Airports Management Company (OAMC)....

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Tourism & Hospitality | Wednesday 29 April, 2015 12:17 am

Al-Hamdan Leads a High-Level Delegation to Meeting of the Directors General of Civil Aviation in the Middle East

A high-level Saudi delegation is participating in the third meeting of the Directors General of Civil Aviation in the Middle East, held from April 27 - 29, 2015 in Doha, Qatar.The Saudi delegation, led by H.E. Suleiman bin Abdullah Al-Hamdan - President of the General Authority for Civil Aviation,...

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