Business & Money | Sunday 28 June, 2015 5:16 am

250 awnings protect worshippers at Prophet’s Mosque from hot sun

The Presidency for the Affairs of the Prophet’s Mosque is continuing its efforts to cover the courtyards of the Prophet’s Mosque with awning for the comfort of worshippers, Al-Watan daily reported. Fans erected on the pillars are playing an important role in reducing temperatures by...

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Business & Money | Sunday 28 June, 2015 5:13 am

700 productive families to take part in JCCI expo

The third edition of the largest national Ramadan Exhibition for Productive Families organized by the Jeddah Chamber of Commerce and Industry (JCCI) in cooperation with the XS Company, which organizes specialized conferences and exhibitions, will be held at Jeddah Hilton Hall on July 8. The...

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Business & Money | Sunday 28 June, 2015 12:31 am

ROY KINNEAR APPOINTED CHIEF EXECUTIVE OFFICER OF AIR SEYCHELLES

Air Seychelles today announced the appointment of Roy Kinnear as its new Chief Executive Officer, with effect from 1 July 2015. Mr Kinnear joins Air Seychelles from strategic partner Etihad Airways, where he held the position of Senior Vice President – Revenue Management and Planning,...

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Business & Money | Sunday 28 June, 2015 12:00 am

STAR ALLIANCE CHIEF EXECUTIVE BOARD ENDORSES THE INCLUSION OF AVIANCA IN BRAZIL

  The Chief Executive Board of Star Alliance today endorsed the inclusion of Avianca in Brazil into its network.   As of July 22nd, 2015 all flights with the O6 designator will be part of the Star Alliance network, adding 15 new destinations in Latin America’s largest economy...

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Business & Money | Sunday 28 June, 2015 12:00 am

MIDDLE EASTERN BUYERS SET TO ACCOUNT FOR 25 TO 30% OF PRIME CENTRAL LONDON RESIDENTIAL SALES

  Prime central London prices to grow by 7% in 2015      According to CBRE’s latest research paper, post-election UK has seen renewed investor interest in London’s prime residential real estate particularly from Middle Eastern...

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Business & Money | Saturday 27 June, 2015 4:20 pm

Kingdom Holding, CDCIC launch $400 million fund

Kingdom Holding Company (KHC), chaired by Prince Alwaleed bin Talal, announced the signing of a memorandum of understanding with Caisse des Dépôts International Capital (CDCIC) on Friday. The memorandum of understanding intends to commence discussions on the establishment of an...

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Business & Money | Saturday 27 June, 2015 6:45 am

4,310 Saudis to be trained in steel works

In partnership with Al-Rajhi Steel Industries Limited, the Technical and Vocational Training Corporation (TVTC) will train 4,310 Saudis to meet the needs of the private sector. Under the pact inked Wednesday at the TVTC’s headquarters in Riyadh, the organization will provide training for...

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Business & Money | Saturday 27 June, 2015 5:46 am

Runaway Lankan maids worry Labor Ministry

Labor Minister Mufrej Al-Haqabani has asked the Sri Lankan government to stop maids running away from their Saudi sponsors soon after their arrival in the Kingdom. Al-Haqbani told Sri Lankan Ambassador Mohamed Hussein Mohamed that several maids have run away after spending barely three months in ...

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Business & Money | Saturday 27 June, 2015 3:15 am

Half the world’s top 250 retailers opened debut stores in new markets

Bassam Saleh, Marketing Manager of Bawadi Mall, the largest in Al Ain city, said the UAE plays a vital role in international expansion of retail business. Quoting Deloitte’s Global Powers of Retailing Report, Saleh revealed that many of the world’s top 250 retailers opened debut stores...

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Business & Money | Friday 26 June, 2015 3:23 pm

UFI honours personalised marketing award entry from UBM EMEA

UBM EMEA has won this year’s UFI Marketing Award with its entry addressing the topic “personalised marketing”. The three finalists also included GES EMEA (UK) and Palais des Congrès de Montréal (Canada). Each presented a detailed PowerPoint presentation providing an...

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