Environment & Energy | Sunday 31 July, 2016 5:26 am

Aramco opens massive platform for marine work

Saudi Aramco has launched the largest platform for its marine operations which has been manufactured at the King Abdul Aziz Port in Dammam. The platform is fixed in the undersea coral reef and will receive the production of eight marine oil platforms, which will be transferred through pipeline to...

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Business & Money | Sunday 31 July, 2016 4:24 am

No luggage cabins in Haramain train

There will be no separate cabins for luggage on Al-Haramain train, but special racks will be allocated for luggage. Sources said the train is for passengers, and not for luggage, and only personal bags can be carried and stowed on the steel racks in each cabin or in the upper drawers of passenger...

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Business & Money | Sunday 31 July, 2016 4:12 am

Aramco to Saudize industries

Saudi Aramco plans to raise the Saudization of industries to 70 percent, according to an integrated plan to develop jobs for young Saudis, along with the full respect to the national product quality.  The vice president of procurement at the company, Nasser Al-Yami, said the company began...

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Environment & Energy | Saturday 30 July, 2016 4:34 am

Oil industry suppliers see light at end of the tunnel

European suppliers to the oil industry, hit by their customers’ spending cutbacks over the past two years, have produced stronger than expected second-quarter earnings and are cautiously pointing to signs of recovery in demand. These companies, which encompass oil drillers, engineering...

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Business & Money | Saturday 30 July, 2016 2:38 am

EPICO opens new office in Abu Dhabi

Emirates Property Investment Company (EPICO), the property and facilities management arm of Al Fahim Group, has announced the opening of its new office in Abu Dhabi. Located in the Mezzanine 1 level of Dalma Plaza, Hamdan Street, Abu Dhabi, the new office aims to cater to the growing demand for...

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Business & Money | Saturday 30 July, 2016 2:32 am

Saudi investors ‘closely watching post-Brexit scenario’

Saudi businessmen and investors are watching post-Brexit developments in Britain and Europe very closely with considerable interest and concern, a business dialogue at the Arab News office in Jeddah was told on Thursday. Welcoming senior diplomats from Britain, France and Italy to the discussion...

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Business & Money | Friday 29 July, 2016 7:30 am

SADAFCO’s solar project in Riyadh starts operation

AFTER announcing its investment in a SR2 million solar power project in its Riyadh Regional Distribution Centre (RDC) last October, Saudia Dairy and Foodstuff Company (SADAFCO) has now commenced operations utilizing a photovoltaic (PV)-diesel hybrid system that can deliver up to 40 percent of the...

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Tourism & Hospitality | Friday 29 July, 2016 7:00 am

Summer clubs serve the interests of KSA’s youths

Summer clubs in different parts of the Kingdom serve the interests of youths in all parts of the Kingdom, Riyadh Gov. Prince Faisal Bin Bandar said here on Tuesday. The governor was speaking at the inauguration of a summer club at the Imam Muhammad bin Saud Islamic University in the capital on...

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Tourism & Hospitality | Friday 29 July, 2016 6:56 am

Riyadh-Qassim train at 200 kph by year-end

Travel time between Riyadh and Qassim will be cut down to just a little over two hours as the Saudi Railway Company (SAR) is expected to flag off a train that will travel at 200 kph by the year-end. The train underwent trial runs last week and will operate daily between the two key cities via...

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Environment & Energy | Thursday 28 July, 2016 6:02 am

SADAFCO launches solar power project

In a unique initiative for achieving a sustainable energy mix through a comprehensive renewable energy program, Saudia Dairy and Foodstuff Company (SADAFCO) launched a solar power project in Riyadh atop the car parking of its regional distribution center (RDC) in the capital. The new commercially...

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