Business & Money | Thursday 20 August, 2015 3:57 am

KSA oil exports rise by 430,000 bpd in June

Saudi Arabia's crude oil exports rose by 430,000 barrels per day (bpd) in June, while oil used by the country's power sector surged to its highest in almost a year, official data showed on Wednesday. Saudi Arabia ramped up its crude production to a record in June, reaffirming its strategy...

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Business & Money | Thursday 20 August, 2015 2:59 am

Hospital worker ‘victimized for reporting corruption’

A hospital worker in Jazan has claimed that he was victimized after reporting alleged corrupt activities at a health facility in the region to the National Anti-Corruption Commission (Nazaha). Ahmed Ali Jumah, formerly a nursing technician at Al-Twal General Hospital, said that he had pay...

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Business & Money | Wednesday 19 August, 2015 4:17 pm

Pivotal Announces Changes in Executive Leadership and Record Results

Pivotal announced today their board of directors has appointed Rob Mee as Chief Executive Officer. Rob Mee recently served as Pivotal’s Executive Vice President of Products and Research & Development. As CEO, Rob Mee succeeds Paul Maritz, who will remain with Pivotal and serve on...

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Business & Money | Wednesday 19 August, 2015 3:55 pm

Arabian Centres malls welcome record 15 million visitors during Ramadan

Arabian Centres, the largest developer, owner and operator of shopping malls in Saudi Arabia, announced today that its properties attracted 15 million visitors during Ramadan, an increase of 12 per cent year-on-year, resulting in the company’s highest ever footfall for the Holy...

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Business & Money | Wednesday 19 August, 2015 11:30 am

Julian Ford Joins Altaaqa Global as Chief Commercial Officer

Altaaqa Global, a leading global provider of large-scale temporary power services, has appointed energy industry veteran, Julian Ford as Chief Commercial Officer (CCO), effective July 1, 2015. As the company’s CCO, Ford’s remit is to ensure that Altaaqa Global achieves revenue growth...

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Business & Money | Wednesday 19 August, 2015 11:18 am

Briefings Highlight Impact Of KYC and Discuss Solutions for The Financial Community

SWIFT recently organised a Know Your Customer (KYC) roadshow in 10 countries across the Middle East and North Africa to look at the impact of KYC regulations on the banking and financial community and to highlight solutions that reduce the cost of compliance.  Against the backdrop of...

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Business & Money | Wednesday 19 August, 2015 10:33 am

GCC BOARD DIRECTORS INSTITUTE APPOINTS H+K STRATEGIES AS CONTENT PARTNER

GCC Board Directors Institute (“BDI”) has appointed H+K Strategies (“H+K”) as content partner to the Institute for a period of three years.  The other content partners are PwC, McKinsey & Co, Heidrick & Struggles and Allen & Overy, while supported by...

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Business & Money | Wednesday 19 August, 2015 2:04 am

EY acquires leading international digital consultancy, Seren

EY has today announced its acquisition of Seren – an international digital consultancy based in the UK with a significant footprint in the MENA region. Seren is a leader in international digital design and innovation of customer service and experience, which works with leading firms across a...

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Business & Money | Wednesday 19 August, 2015 12:23 am

MANN+HUMMEL Agrees to Acquire Affinia Group

The MANN+HUMMEL Group, www.mann-hummel.com, based in Ludwigsburg, Germany, today announced that they have entered into a definitive agreement under which MANN+HUMMEL will acquire the global filtration operations (excluding its Affinia South America (“ASA”) operations) of Affinia...

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Business & Money | Wednesday 19 August, 2015 12:07 am

Seiko Instruments (SII) Releases New LDO Regulator

Seiko Instruments Inc. (SII) announced the release of the S-19311 Series automotive high input 36V LDO regulator with reset function, adopting a newly developed compact package TO-252-5S with high heat dissipation. The S-19311 can be connected directly to batteries, and the reset function allows...

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