Business & Money | Saturday 26 September, 2015 4:23 pm

Qatar Rail’s tunneling operations enter Guinness World Records Book

MARKING a milestone for large-scale transport projects in Qatar and across the region, Qatar Railways Company (Qatar Rail), the company overseeing the construction of Qatar’s integrated railway network, has been officially recognized by the Guinness World Records (the global authority on...

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Business & Money | Friday 25 September, 2015 11:02 am

Wall Street joins global stocks slide; euro and bonds rise

Stocks around the world fell for a fifth day on Thursday, sliding toward two-year lows, as worries lingered over global growth and as the scandal over Volkswagen’s emissions test-cheating rattled Europe’s carmakers. Government bonds prices rose on safety bids, while the dollar fell...

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Business & Money | Friday 25 September, 2015 10:56 am

Millions to benefit from Persian service of Haj TV

Minister of Culture and Information Adel Al-Toraifi recently launched the Haj TV and Radio Channel ‘1436’ for speakers of the Persian language to broadcast the Haj rituals and movement of pilgrims at the holy sites in Makkah and Madinah.  The minister stressed the fact that...

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Business & Money | Friday 25 September, 2015 10:31 am

Water plan working, claims NWC

The National Water Company (NWC) said it has no record of any water shortages in the holy sites during Haj. The NWC’s head of operations in Makkah and Taif, Abdullah Bin Ahmad, said that new laboratory vehicles were deployed in holy sites to test water in tanks and in the water network to...

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Business & Money | Thursday 24 September, 2015 3:31 am

100 trained Saudi women assist pilgrims in using Mashaer Train

About 100 trained Saudi women have joined hands with 1,500 of their male counterparts in organizing transportation of 370,000 pilgrims by Al-Mashaer Train that links the holy sites of Mina, Arafat and Muzdalifah. Pilgrims from Southeast Asia, Turkey, Europe and GCC countries as well as domestic...

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Business & Money | Thursday 24 September, 2015 3:27 am

12 hours maximum work period for private sector

The Ministry of Labor announced that amendments that have been recently adopted will enter force starting Oct. 8. The amendments emphasize the prohibition of keeping the worker more than 12 working hours in the workplace, and on giving him a break of 30 minutes every five hours to pray, eat and...

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Business & Money | Wednesday 23 September, 2015 5:18 pm

Deloitte announces 62,000 new hires and revenues of US$35.2 billion

Deloitte member firms (Deloitte) today reported aggregate revenues of US$35.2 billion for the fiscal year ended 31 May 2015 (FY15), representing 7.6 percent growth in local currency terms.    “Deloitte’s strong financial performance reflects the success of our...

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Business & Money | Wednesday 23 September, 2015 1:35 pm

EnvisionTEC Teams with Somos® to Develop High-Performance Materials

EnvisionTEC is proud to announce its collaboration with DSM’s product brand Somos®, a world leader in additive manufacturing material development. The partnership will allow both companies to advance their technologies and develop new applications.  “Somos® consistently...

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Business & Money | Wednesday 23 September, 2015 4:25 am

UK supports new GCC infrastructure event

UK Trade & Investment (UKTI), the non-ministerial commercial arm of the UK Government, has been confirmed as an official supporter of the upcoming NATRANS Arabia 2015 conference, which will be held at the Abu Dhabi National Exhibition Centre (ADNEC) from 25-27 October, 2015. Billed as ...

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Business & Money | Wednesday 23 September, 2015 3:40 am

Independent Arab Region Think Tank to Convene In Abu Dhabi Next Month

 One of the most powerful gatherings of Arab region and international minds will convene in Abu Dhabi, the capital of the United Arab Emirates, next month (October) for a Summit which is aimed at producing recommendations for a blueprint to reposition the Arab world’s standing within...

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