Business & Money | Monday 15 February, 2016 7:48 am

Rising prices will hit middle-income group hard

Economists have warned that the effects of rising prices of fuel and a number of other services provided by the state will be felt in a period of six months and that middle-income group will be affected the most. “Inflation might increase hardships for households especially on occasions like ...

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Business & Money | Monday 15 February, 2016 7:41 am

Sanabil Investments Acquires 20% Stake in Almana General Hospitals

Sanabil Investments, a closed joint stock company wholly owned by the Public Investment Fund and headquartered in Riyadh, has announced the completion of its acquisition of a 20% equity stake in Ebrahim Mohammed Almana & Brothers Co. (the “Company”).  This is the third direct...

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Business & Money | Monday 15 February, 2016 6:48 am

Ewaan to educate Saudi youth on buying a house

Ewaan Global Residential Company is planning by the end of the month to launch a campaign titled “La teagedaha” (Do not make it complicated) targeting Saudi youth who want to buy their own houses. The campaign will include some videos that provide people and youth with the tips for...

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Business & Money | Monday 15 February, 2016 12:46 am

National Bank of Oman launches pioneering initiative for potential female leaders - ‘Women@NBO’

National Bank of Oman (“NBO”) has launched a new initiative, ‘Women@NBO’, to empower women in the workplace and develop a strong pipeline of potential female leaders within the Bank.   NBO will invite approximately 50 talented female employees with the potential...

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Business & Money | Sunday 14 February, 2016 5:00 pm

Saudi Arabian firms’ outlook subdued in Q1, 2016 amid lower oil prices

Dun & Bradstreet South Asia Middle East Ltd (D&B) in association with the National Commercial Bank released the D&B Business Optimism Index (BOI) survey for Saudi Arabia for Q1, 2016. The survey reveals a moderation in the optimism levels for firms in Saudi Arabia. Commenting on the...

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Business & Money | Sunday 14 February, 2016 2:10 pm

“Cisco” and “Arweqat Almarefa” Announce a Strategic Collaboration in The Field Of Technical Education

 Cisco Saudi Arabia and “Arweqat Almarefa” have announced a strategic partnership that aims to provide instructional/ educational visual content specialized in the ICT sector. The content will include a plethora of disciplines that are designed to encourage students to take...

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Business & Money | Sunday 14 February, 2016 2:08 pm

QATAR SMART TICKETING AND DIGITAL SERVICES FORUM

An event dedicated to the digital services will be held the 17 and 18 February, 2016 in Doha and will reunite mayor ITS industries and actors of Public Transport.  Ticketing system, role of transport operators, contactless, interoperability, Open Payment will be main subjects discussed...

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Business & Money | Sunday 14 February, 2016 11:51 am

Free professional development opportunities at The Big 5 Saudi

Construction professionals who want to develop their careers in a challenging climate will be heading to The Big 5 Saudi this March, to take advantage of the extensive programme of educational workshops and seminars.   This year’s exhibition, to be hosted at the Jeddah Centre for...

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Business & Money | Sunday 14 February, 2016 8:06 am

Madinah governor visits project sites

Madinah Gov. Prince Faisal bin Salman recently visited a number of ongoing developmental project sites in the Holy City, as part of his efforts to ensure that they meet the set standards and deadlines. During the visit, he said that all the sectors and companies involved in the projects have to...

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Business & Money | Sunday 14 February, 2016 6:00 am

UAE to Host the Region’s Foremost Platform for Security and National Resilience

Under the patronage of Highness Sheikh Hazza bin Zayed Al Nahyan, National Security Advisor, and Vice Chairman of the Abu Dhabi Executive Council, the United Arab Emirates will be hosting the seventh edition of the International Exhibition for National Security and...

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