Business & Money | Wednesday 9 December, 2015 4:10 am

Human rights bodies can observe Dec. 12 civic polls

All preparations have been completed to hold the country’s third municipal council elections on Saturday, according to the committee overseeing the polls. Judai Al-Qahtani, spokesman for the committee, was quoted as saying at a press conference this week that all civil society...

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Business & Money | Wednesday 9 December, 2015 2:48 am

Deloitte: GCC is one step closer to VAT implementation

Agreements were reached in recent days by members of the GCC on certain design aspects of the Value Added Tax (VAT) systems that are expected to be implemented around the region over time. These agreements mark an important step forward in the increasingly important fiscal reform debate and provide ...

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Business & Money | Wednesday 9 December, 2015 1:52 am

GOIC: "Specialist Group" is the exclusive sponsor for the transport of the Gulf Metrology Forum

The Gulf Organization for Industrial Consulting (GOIC) announced that "Specialist Group" is the exclusive sponsor of transportation in the First Gulf Metrology Forum and accompanying exhibition. The Forum is held in cooperation with the Ministry of Environment in the State of Qatar, and...

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Business & Money | Tuesday 8 December, 2015 2:57 pm

WCU: Commodities relieved by weak dollar but Opec haunts oil

Commodities with the exception of energy traded higher this week not least due to a welcome boost from a weaker dollar. The Opec meeting in Vienna created a nervous backdrop for oil while gold traders remained transfixed on the potential negative impact of a near certain December US rate...

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Business & Money | Tuesday 8 December, 2015 2:43 pm

Sadara Successfully Starts Up First Solution Polyethylene Plant in the Middle East

Sadara Chemical Company (Sadara), the world’s largest chemical complex ever built in a single phase, has successfully started up its first production plant, moving on schedule from the construction to the operational phase.   Sadara’s first product – Linear Low...

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Business & Money | Tuesday 8 December, 2015 12:37 pm

Mobil 1 sponsors "Alghassan Racing Team"

Arabian Petroleum Supply Company (APSCO), the producer of Mobil 1 oil in Saudi Arabia, announced its sponsorship of  Alghassan Racing Team. The Team is participating in GT racing open series for the season 2015/2016 under the leadership of Prince Mohammed bin Faisal bin...

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Business & Money | Tuesday 8 December, 2015 4:07 am

Al-Nahda Philanthropic Society for Women and Uber Collaborate in a Unique Initiative for the First Time in Saudi Arabia

In light of the Municipal Elections in the KSA entering its third round, where both male and female voters aged 18 and above can select their preferred candidate to take on this great role, Al Nahda Philanthropic Society for women has partnered with the world famous personal driving app Uber....

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Business & Money | Tuesday 8 December, 2015 3:33 am

Municipal elections: 600 nominees out of final list

About 600 male and female candidates for the third municipal elections have been removed from the final list of contenders, according to chairman of the executive committee of the elections Judaie Al-Qahtani. “The contestants have either voluntarily opted to back off or they were dismissed ...

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Business & Money | Tuesday 8 December, 2015 1:13 am

H.E Mattar Al Tayer Inaugurates 12th Edition of Gulf Traffic

Gulf Traffic Exhibition and Conference, which takes place until 9 December at the Dubai World Trade Centre, was inaugurated by His Excellency Mattar Al Tayer, Chairman of the Board and Executive Director of the Dubai Roads and Transport Authority (RTA), in the presence of other dignitaries...

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Business & Money | Monday 7 December, 2015 12:40 pm

Emirates NBD Saudi Arabia PMI™

Faster growth of new work helped Saudi Arabia’s non-oil private sector to regain some momentum during November. The overall improvement in business conditions was also supported by further expansions in output, employment and stocks of purchases. That said, the respective rates of growth all...

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