Cars & Autos | Thursday 28 April, 2016 7:49 am

Porsche Saudi Arabia celebrates arrival of the new Porsche 911

Bursting with more power, refined design and increased efficiency, the new Porsche 911 range has arrived at Porsche Centres Riyadh, Jeddah, and Al Khobar, showcasing cutting-edge technological advancements in what is the most highly evolved 911 to date.   Now available in a range of...

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Business & Money | Thursday 28 April, 2016 7:37 am

Al Meera Consumer Goods Company records a 13.7% rise in sales

 Al Meera Consumer Goods Company (Q.S.C.) announced its financial results for the first quarter of 2016, ended 31st March 2016, recording a net profit of QR 49.4 million as compared to QR 43.1 million for the same period in 2015, bringing the rate of increase in profits to 14.6%. Similarly, ...

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Business & Money | Thursday 28 April, 2016 7:04 am

AVERDA STARTS OPERATION OF ITS SECOND MEDICAL WASTE TREATMENT FACILITY IN THE SULTANATE OF OMAN

Averda entered the Omani waste management market in 2005 when it constructed, installed, commissioned and operated the Medical Waste Treatment Plant (MWTP) in Muscat Governorate (Al Multaqa) on behalf of the Ministry of Health. In December 2015, Averda was awarded a second 5-year contract for the...

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Business & Money | Thursday 28 April, 2016 6:34 am

Barwa Bank’s AGM approves 10% cash dividend for shareholders

Barwa Bank convened its Annual General Meeting (AGM) on Monday the 25th of April 2016, during which the results for the fiscal year ending on December 31, 2015, and the cash dividends of 10 percent to shareholders, were approved.   During the AGM, all items on the agenda were discussed,...

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Government | Thursday 28 April, 2016 5:34 am

GCC joint security muscled up

GCC interior ministers reviewed the contents of the vision of Custodian of the Two Holy Mosques King Salman that aims to promote GCC joint action in the field of security. The ministers were in the capital to attend their 17th consultative meeting, chaired by Crown Prince Mohammed bin Naif, deputy ...

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Cars & Autos | Thursday 28 April, 2016 4:52 am

Toughness Redefined: 2016 Ford “Drive the Future of Tough” Truck Tour Arrives to the United Arab Emirates

Ford Middle East and Al Tayer Motors, the Ford and Lincoln importer-dealer in the United Arab Emirates, is kicking off the 2016 Truck Tour, bringing the award winning Built Ford Tough F-150 and Ranger, in addition to the Expedition, Ford’s largest utility vehicle, closer to the UAE...

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Environment & Energy | Thursday 28 April, 2016 4:36 am

Aramco sets financing plan for industrial push

Saudi Aramco, the biggest energy company, outlined financing plans on Wednesday that will support its expansion into new areas under a sweeping economic reform plan released by Riyadh this week. The reforms envisage Aramco transforming itself from an oil and gas firm into a “global...

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Business & Money | Thursday 28 April, 2016 3:38 am

Umrah revenues to hit SR200b by 2020

The revenues to be generated by the Umrah season are expected to soar over SR200 billion by the year 2020, according to Saad Bin Jameel Al-Qurashi, former member of the National Haj and Umrah Committee of the Makkah Chamber of Commerce and Industry. He said about five million people will be...

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Technology & IT | Thursday 28 April, 2016 3:26 am

Huawei expands regional SME support through new channel partnership with FDC International

Huawei, a leading global ICT solutions provider, has appointed FDC International as regional volume distributor in the Middle East to support the growing need by SMEs for new ICT solutions that enable them to access enterprise level ICT capability.       FDC International and...

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Business & Money | Thursday 28 April, 2016 1:44 am

Visa Brings Digital Payments to Rio 2016 Olympic Games as 1.2 Million Travelers Are Expected in Brazil

Visa (NYSE:V) today celebrated the 100 day milestone to the Rio 2016 Olympic Games. In its 30th year as the exclusive payment provider of the Olympic Games, Visa is creating and managing the entire payment system infrastructure and network throughout all venues including stadiums, press centers,...

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