Business & Money | Wednesday 27 January, 2016 2:30 am

Automechanika Jeddah makes a big splash on debut

Featuring 184 exhibitors from as many as 26 countries and Country Pavilions from the likes of Turkey, Taiwan, China and India, the inaugural edition of Automechanika Jeddah, got off to an impressive start in the Red Sea port city and commercial hub.   The Saudi Arabian debut of the...

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Business & Money | Wednesday 27 January, 2016 1:43 am

The Fabric of Ford: Through Scratches, Snags and Splashes, Ford’s Materials are Ready for the Long Haul

Throughout a vehicle’s lifetime, it’s inevitable that the materials inside a car show signs of wear and tear. Imagine the frequent sitting on car seats, leaning on arm rests, gripping the steering wheel and fiddling with the instruments. So what does Ford do to help make sure all...

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Business & Money | Wednesday 27 January, 2016 12:33 am

Smarter budgets to suit current trends urged

The world should become smarter in financing and preserving budgets of governments and companies budgets amid the lowering trend of oil prices, says a top corporate head. What also needs to focus on is in developing of skills to control energy assets through immediate solutions that consider...

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Business & Money | Tuesday 26 January, 2016 3:40 pm

Global financial communications and investor relations firm launches in Saudi Arabia

H+K Financial, the specialist financial communications and investor relations advisory firm, has launched in the Kingdom of Saudi Arabia to help businesses navigate the turbulent capital markets and the greater demand for rigorous corporate governance and transparency. The launch event hosted by ...

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Business & Money | Tuesday 26 January, 2016 3:09 pm

WCU: Selling fatigue and Draghi save the day for oil

Crude oil touched a new multi-year low at the beginning the week as it was weighed down by the removal of the Iran sanctions and the "drowning in oil" comment from the IEA. The bounce – when it came courtesy of European Central Bank chief Mario Draghi's continued focus on...

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Business & Money | Tuesday 26 January, 2016 2:21 pm

Ericsson appoints new heads of customer units within region Middle East & east Africa

Ericsson (NASDAQ:ERIC) has appointed three new Heads of Customer Units in Region Middle East and East Africa to further strengthen market position and accelerate transformation and growth. As members of Ericsson’s Leadership Team within Region Middle East and East Africa, the new Heads of...

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Business & Money | Tuesday 26 January, 2016 4:44 am

Saudi economy grows 5% despite oil price fall

The Kingdom’s drive to diversify its economy would offset the fall in oil prices, said Khalid Al-Falih, Saudi Aramco’s chairman, Monday. Speaking during a panel discussion at the 9th Global Competitiveness Forum which started in Riyadh on Sunday, Al-Falih said: “Despite the...

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Business & Money | Tuesday 26 January, 2016 2:45 am

Badr projects worth SR219m launched

Madinah Gov. Prince Faisal bin Salman launched a number of developmental projects and services worth over SR219 million in the historic city of Badr.  He met the people of Badr and highlighted the historic and importance of the city for tourism. He talked about strengthening tourism programs...

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Business & Money | Monday 25 January, 2016 3:50 pm

Ninth Global Competitiveness Forum opens in Riyadh

The ninth annual Global Competitiveness Forum opened last night at a ceremony attended by government dignitaries, business experts and leading academics from Saudi Arabia and abroad. In his opening remarks, HE Abdullatif Al-Othman, the Governor and Chairman of the Saudi Arabia General Investment ...

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Business & Money | Monday 25 January, 2016 3:47 pm

"Alwaleef Group" acquires "Mabkharat Al Emarat Co."

"Al Waleef Group" acquired “Mabkhara Al Emarat Co.", a highly renowned and deeply rooted company specialized for more than 13 years in selling incense, perfumery products and oriental accessories in Saudi Arabia. On this occasion, Mr. Abduljabbar Al-Bu Khuder, General...

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