Business & Money | Monday 13 April, 2015 3:29 pm

Samsung’s 2015 Edition of the Home Appliances & AC Seminar Highlights Flagship Models

Samsung Electronics Co. Ltd., a global leader in digital media and digital convergence technologies, held its home appliances and AC distributors’ seminar in attendance of Eng. Adnan Matbouli, President of United Matbouli Group along with Mr. Fahad AlZomaia, CEO of United Matbouli Group, and 200...

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Business & Money | Monday 13 April, 2015 12:36 am

The First Investor has acquired a SAR 300 million residential compound in Riyadh

The First Investor (TFI), the investment banking division of Barwa Bank Group (BBG) is pleased to announce the acquisition of a residential compound in Riyadh by Manazel Compounds Real Estate LLC, an entity that has been incorporated for the compounds acquisition. TFI, Barwa Bank, Tanween alongside ...

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Business & Money | Monday 13 April, 2015 12:22 am

Schneider Electric Named as World’s Most Ethical Company

by the Ethisphere Institute Schneider Electric, the global specialist in energy management and automation, announced today that it has been recognized by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices, as 2015’s World’s Most...

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Business & Money | Sunday 12 April, 2015 3:27 pm

SABIC PARTICIPATES IN STEEL EXHIBITION AS PLATINUM SPONSOR

SABIC participated as a platinum sponsor in the 4th International Steel, Steel Fabrication and Metallurgy Exhibition (Metal & Steel/ FABEX Saudi Arabia 2015) in Riyadh from April 6 to 9. The exhibition showcased state-of-the-art products, technology, and equipment relating mainly to iron and steel...

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Business & Money | Sunday 12 April, 2015 2:53 pm

Retail Experts discuss challenges and envision future in the InRetail Summit

This month, Jeddah is hosting the most prestigious event for the retail sector in Saudi Arabia. It will convene the retail elite experts and industry pioneers across the kingdom on the 13th and 14thof April 2015, at Park Hyatt Jeddah. The summit will discuss the challenges facing the industry and...

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Business & Money | Sunday 12 April, 2015 12:50 pm

Oil recovery capped as gold strikes back

Commodities were lower for the first week in four as losses in the agriculture sector, led by grains, more than offset gains made in energy. The dollar resumed its ascent rising by more than 3% as minutes from the latest Federal Open Market Committee meeting (surprisingly enough) left the door open ...

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Business & Money | Sunday 12 April, 2015 12:31 pm

Rajhi Steel sponsors the 4th International exhibition for Metal & Steel

Rajhi Steel has participated in the 4th International exhibition for steel, Steel fabrication and Metallurgy industries 2015. Dr. Abdul Rahman Al-Zamil, Chairman of the Council of Saudi Chambers inaugurated the exhibition, which is held at the Riyadh International Convention & Exhibition Centre...

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Business & Money | Sunday 12 April, 2015 12:38 am

‘Transport projects will improve standards’

The massive transport projects under way in the region would improve the quality of life for citizens, said Makkah Gov. Prince Khaled Al-Faisal here recently.Prince Khaled made the comments at a ceremony where he signed a SR300 million design contract with Foster and Partners for the region’s new ...

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Business & Money | Saturday 11 April, 2015 1:42 pm

King opens historic Diriyah project

Custodian of the Two Holy Mosques King Salman inaugurated on Thursday the historic Al-Bijairi project in Diriyah district that served as the first Saudi capital and platform of the reformist call in the Arabian Peninsula during the reign of the first Saudi state.Diriyah houses historical documents...

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Business & Money | Saturday 11 April, 2015 1:23 pm

Private sector employees want reduced working hours

Seventy-nine percent of private sector employees have asked that working hours be reduced to between 35 and 40 hours instead of the current 48 hours per week, according to a survey conducted by the National Center of Dialogue.Surprisingly, some 21 percent of the employees asked for an increase in...

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