Business & Money | Wednesday 25 February, 2015 12:47 am

Serco consortium wins $185m Saudi rail contract

A consortium led by Serco Group has signed a contract with the Saudi Railway Company to provide management and technical support for its operations on the North South Railway (NSR).The deal, worth around 120 million pounds ($185 million) to Serco over five years, is the firm’s first major rail...

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Business & Money | Wednesday 25 February, 2015 12:40 am

Al Rabie Participates in “Gulfood 2015” Food Industry Exhibition

Al Rabie Saudi Foods Company Ltd. has participated in the “Gulfood 2015” exhibition in its 20th round. Gulfood is the world’s biggest annual food, beverage and hospitality show, which activities concluded recently in Dubai World Trade Center. The exhibition took place in an expansive one...

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Business & Money | Wednesday 25 February, 2015 12:36 am

Airbus Defence and Space aerial targets support missile qualification

Airbus Defence and Space Direct Aerial Targets have played a key role in the qualification of the full performance of a surface-to-air missile (SAM) system being developed as part of the German Air and Missile Defence System.During the trials conducted for the German Government end of January at...

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Business & Money | Wednesday 25 February, 2015 12:16 am

ALKHABEER ANNOUNCES 5% OF SHARE PAR VALUE TO SHAREHOLDERS

Alkhabeer Capital, a leading asset management and investment firm in Saudi Arabia, announced today that its Board of Directors approved the audited financial statement of 2014 and made a recommendation to the General Assembly to distribute cash dividends of SR 40.7 million to its shareholders for...

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Business & Money | Tuesday 24 February, 2015 6:01 pm

‘Reverse Auctions Can Boost Low-Emission Technologies’ Says Expert

Speaking ahead of the Solar Middle East Conference, which takes place on 3 March at Solar Middle East, Cameron Kelly, Legal Counsel for the New Port Project, says that reverse auctions mechanisms can help governments deliver competitively priced electricity, as well as secure long term financial...

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Business & Money | Tuesday 24 February, 2015 3:40 pm

The Kingdom Smart Cities and Smart Provinces Summit to kick off tomorrow in Riyadh

We are one day away from discussing a detailed research initiative by Nispana Innovative Platforms Pvt. Ltd. The governments supportive and tireless efforts in bringing the best of innovation to the Kingdom of Saudi Arabia’s infrastructure while recognizing the need for development in terms of...

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Tourism & Hospitality | Tuesday 24 February, 2015 3:09 pm

ATM roadshow returns ‘home’ to meet key industry players ahead of 2015 showcase; Emirates’ top 10 tourism projects touch US$40 billion investment

Arabian Travel Market’s 2015 roadshow series returns to familiar home ground tomorrow (25th February 2015) as the Reed Travel Exhibitions team hosts the UAE leg of its eight city tour in Dubai.A number of exhibitors are expected to attend the open forum event, which will see ATM representatives...

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Cars & Autos | Tuesday 24 February, 2015 2:40 pm

"Ferrari FF" Di Luna debuts in Saudi Arabia

Fast Auto Technic, the exclusive dealer for Ferrari cars in Saudi Arabia, revealed an exclusive edition of Ferrari FF "Di Luna", specifically for the Saudi market. The new car offers special and exclusive features, and represents the strongest expression of individual customization for Ferrari...

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Government | Tuesday 24 February, 2015 2:20 pm

King Salman to honour winners of 37th annual King Faisal International Prize

Winners of the 37th annual King Faisal International Prize will be honoured by the Custodian of the Two Holy Mosques, HRH King Salman at a glittering ceremony at Al Faisaliah Hotel in Riyadh on Sunday, March 01.Awarded for the first time in 1979, the King Faisal International Prize (KFIP)...

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Healthcare | Tuesday 24 February, 2015 8:39 am

‘Children less susceptible to MERS infection’

Children are less likely to contract the Middle Eastern Respiratory Syndrome coronavirus (MERS-CoV), according to Dr. Mohammed Al-Shehri, a communicable diseases consultant.“However, we should take appropriate precautions because children very often contract cold and flu, whose symptoms are...

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