Business & Money | Wednesday 8 July, 2015 3:23 am

U.S. Pension Funded Status Deficit Drops $81 Billion in 2nd Quarter of 2015

The funded status of U.S. pension plans improved in the second quarter of 2015, with the deficit declining by $81 billion for the quarter, according to an analysis by Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE:AON). According ...

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Business & Money | Wednesday 8 July, 2015 3:12 am

GOIC takes part in identifying knowledge-based industries’ investment opportunities in Bahrain

The Gulf Organization for Industrial Consulting (GOIC) participated in the meetings held by the Ministry of Industry and Commerce in the Kingdom of Bahrain to prepare a specialised study to develop knowledge-based industries and identify investment opportunities in this sector.  The...

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Business & Money | Tuesday 7 July, 2015 5:08 pm

2016 REPORT ON QATAR TO PUT CHANGING LEGAL LANDSCAPE UNDER THE MICROSCOPE

A report by the global publishing firm Oxford Business Group (OBG) will shine a spotlight on the raft of new legislation which is being introduced in Qatar, with a view to enabling the State’s National Vision 2030.   The new Commercial Companies Law and the highly-anticipated...

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Business & Money | Tuesday 7 July, 2015 1:10 pm

CIOs in Saudi can Improve Business Productivity through Application-Optimized Networks

Choosing the right applications can make the difference between increased margin or missed goals, increased efficiency or poor productivity. But the right applications alone are not enough.   To derive maximum business value, these applications need to be highly responsive, accessible...

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Business & Money | Tuesday 7 July, 2015 1:06 pm

Saudi Total achieved a new milestone with ISO 14001-2004

Once again Saudi Total realized another achievement this year, where the company achieved the Environmental Management System certificate ISO 14001 for its plant in King Abdullah Economic City. The plant has been awarded this certificate on the basis of recommendations of the ISO International...

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Business & Money | Tuesday 7 July, 2015 5:04 am

King Abdullah Foundation reviews progress of humanitarian projects

The Board of Trustees of the King Abdullah International Foundation for Charity and Humanitarian Works on Sunday held its third meeting in Jeddah in the presence of Prince Khaled bin Abdullah, the board chairman, and Prince Miteb bin Abdullah, the deputy board chairman. The board explored the...

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Business & Money | Tuesday 7 July, 2015 3:37 am

Helpling and Hassle.com join forces to form the world’s biggest home-cleaning marketplace

Helpling, the leading global platform for on-demand home services, announced the acquisition of Hassle.com, the European pioneer of this business model and market leader in the UK. This move sees them become the clear leader for online booking of household services outside the...

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Business & Money | Tuesday 7 July, 2015 1:20 am

Western Union Enhances Mobile Money Transfer Capabilities in Africa

The Western Union Company (NYSE:WU), a leader in global payment services, in collaboration with the MTN Group, a multinational mobile telecommunications company servicing 229,2 million customers in 22 countries, today announced the launch of a new mobile money transfer service in Rwanda...

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Business & Money | Monday 6 July, 2015 1:31 pm

Nanhua USA Becomes First China-headquartered Clearing Member of DME

Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, today announced the approval of Nanhua USA as a Clearing Member. A futures brokerage firm headquartered in Hangzhou, serving institutional, corporate and individual clients, Nanhua ...

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Business & Money | Monday 6 July, 2015 1:18 pm

GCC Countries Urged to Relax Sea Travel Restrictions to Boost Tourism and Yachting Industries

Middle East governments should consider easing restrictions on travelling between states to boost the region’s tourism industry and support the fast-developing yachting and cruise market, says Mohammed Hussein Al Shaali, Chairman of the UAE-based yacht and boat builder, Gulf...

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