Business & Money | Wednesday 7 October, 2015 12:22 pm

WTO lauds opening of jobs in tourism sector

The Saudi Commission for Tourism and National Heritage (SCTNH) has become the fastest creator of jobs in the Kingdom, according to the World Tourism Organization (WTO). Taleb Al-Refai, secretary-general of the WTO, said that the Kingdom’s strategy to link national heritage with tourism is...

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Business & Money | Wednesday 7 October, 2015 12:00 pm

Alshiaka wins top 100 Saudi Brands Award for 2015

Alshiaka Company, the deep-rooted house of readymade garments and the pioneer of unique thobe designs in the Kingdom of Saudi Arabia has won the award of the top 100 brands in the kingdom for 2015, according to the survey organized by Al Watan Saudi newspaper. The award that aims at honoring the...

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Business & Money | Wednesday 7 October, 2015 11:31 am

3M Saudi Arabia links with SABIC’s home of innovation

Through its Home of Innovation growth initiative, SABIC has announced strategic marketing relationships with 40 global, regional and local manufacturing companies, including 3M Saudi Arabia, to promote the introduction of industry-leading technology into Saudi Arabia and the Middle East...

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Business & Money | Wednesday 7 October, 2015 10:20 am

Taqeem launches the training program ‘Expropriation of real estate for public utility’

In the framework of the Saudi Authority for Accredited Valuers’ (Taqeem) efforts of regulating the real-estate valuation profession and developing the performance of its practitioners, the Authority in cooperation with the Royal Institution of Chartered Surveyors (RICS) launched a training...

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Business & Money | Tuesday 6 October, 2015 4:29 pm

Qatar Rail organizes a visit to the Berlin Metro for the Civil Defense delegation

In its continuous efforts to drive best practices across all aspects of its development of Doha Metro, Qatar Railways Company (Qatar Rail) has organised a three-day work visit to the city of Berlin for a delegation from the Qatar General Directorate of Civil Defense. This is to learn about...

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Business & Money | Tuesday 6 October, 2015 9:22 am

Analysis: Development of business leaders in Saudi Arabia does not live up to the global standards

The Leadership Circle has analyzed the investments made in development of business leaders in the GCC countries. The conclusion of the analysis is that organizations in the region, and not least in Saudi Arabia, are not living up to international benchmarks for how to develop future business...

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Business & Money | Tuesday 6 October, 2015 3:56 am

Leaders sign deal to set up Virgin Mobile booths in Jarir Bookstores across Saudi Arabia

Karim Benkirane, CEO of Virgin Mobile Saudi Arabia, and Nasser Al-Agil, COO of Jarir Bookstores, have signed a strategic relationship under which Virgin Mobile booths will be set up at Jarir Bookstores across Saudi Arabia.  The Virgin Mobile booths at the popular retail chain will stock...

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Business & Money | Tuesday 6 October, 2015 2:46 am

Saudi August bank lending growth slowest since 2011

Growth in Saudi Arabia’s bank lending to the private sector slowed to an annual 8.4 percent in August, the lowest rate since June 2011, from 9.4 percent in July, central bank data showed. Money supply (M3) growth slowed to 7.0 percent, the lowest since December 2010, from 8.3 percent. ...

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Business & Money | Tuesday 6 October, 2015 2:36 am

Haramain trains to transport 20,000 people every hour

The Haramain train, linking the holy cities of Makkah and Madinah as well as the business city of Jeddah, will transport more than three million passengers a year with the figure expected to increase with the rise of Haj and Umrah pilgrims, an official statement said. “Pilgrims are the...

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Business & Money | Monday 5 October, 2015 3:23 pm

DAMAC Properties Takes Dubai Luxury Real Estate to the World

Luxury real estate developer, DAMAC Properties is heading on a month-long global roadshow, to promote Dubai and highlight the strong business environment for overseas investment. Taking place on three continents, the campaign will highlight Dubai as a safe & secure city, with substantial...

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