Business & Money | Friday 19 July, 2019 12:00 am

Nestlé invents the first 70% dark chocolate made entirely from the cocoa fruit and nothing else

Nestlé has announced it has created a unique chocolate made entirely from the cocoa fruit, using the beans and pulp as the only ingredients and therefore not adding any refined sugar. Nestlé plans to introduce the first product in Japan in the autumn of this year through...

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Business & Money | Thursday 18 July, 2019 11:02 am

"Trade and Investment" allows licenses to be issued for the Eid al-Adha holiday season electronically

The Ministry of Trade and Investment announced the opening of the application window for the issuance of discount licenses for the Eid al-Adha season through the e-reduction system for the period from 28 Dhu al-Qa'da until 12 Dhu al-Hijjah, 31 July to 13 August, where shop owners and e-shops...

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Business & Money | Thursday 18 July, 2019 11:00 am

The new competition and procurement system promotes integrity, competitiveness and development

The Government of the Custodian of the Two Holy Mosques King Salman bin Abdul Aziz, the Crown Prince of the financial sector, has taken care and interest, which reflected positively on his work and his relentless plans for the development process in line with the qualitative leap Saudi Arabia is...

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Business & Money | Thursday 18 July, 2019 10:35 am

540 licensed factories with a quality mark

The Saudi Organization for Standardization, Metrology and Quality granted 540 certified factories the quality mark by the end of the year, 90 of which are outside the Kingdom. The Commission has received 614 applications for the quality mark, and there are 74 applications under the procedure, in...

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Business & Money | Thursday 18 July, 2019 10:15 am

Saudi stocks close higher

The index of Saudi shares closed today, up 2.54 points to close at 9075.55 points, and trades worth 3 billion riyals. The number of shares traded was more than 120 million shares, which were shared by more than 100 thousand transactions, where the shares of 85 companies rose in value, while the...

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Business & Money | Thursday 18 July, 2019 10:00 am

Al Jabri: Working 24 creates 65,000 jobs in the retail sector

The head of the logistics committee at the Eastern Chamber, Bandar Al-Jabri, explained that the economic impact of allowing 24 hours of work in the Kingdom is to create about 45,000 jobs in the retail sector and another 20,000 indirect jobs, in addition to providing some 30,000 part-time...

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Business & Money | Thursday 18 July, 2019 9:30 am

Saudia Cargo Has Successfully Passed the Accreditation of European Aviation Security

In the presence of His Excellency the President of the General Authority of Civil Aviation (GACA) Abdulhadi Al Mansouri and the Director General of Saudi Arabian Airlines Eng. Saleh Al Jasser, Saudi Airlines Cargo Company honored its cadres who contributed in passing the European accreditation...

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Business & Money | Thursday 18 July, 2019 9:30 am

Riyadh Chamber Has Launched a Program to Qualify 1000 Young Men and Women in the Field of Google Apps

The Riyadh Chamber, represented by the Human Resources and Labor Market Committee and in cooperation with the developers of the Saudi Cloud Society, will hold the free training program for the "Google Cloud Apps Professional", which aims to train and qualify 1000 young men and women of...

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Business & Money | Thursday 18 July, 2019 9:15 am

Top International Business Lawyer Mark H. Tulloss Joins Kalbian Hagerty LLP

Kalbian Hagerty LLP announced today that Mark H. Tulloss has joined the firm’s UAE office as Senior Counsel. Mr. Tulloss is a widely respected international business lawyer with a practice focused on advising businesses in the Middle East, Asia, Latin America, and other developing...

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Business & Money | Thursday 18 July, 2019 8:35 am

Saudi Aramco Promotes Foreign Investment Presence in the Chemicals Sector

Saudi Aramco continues to pursue its vision of becoming the world's largest integrated producer of energy and chemicals by entering into partnerships to create giant industrial parks in the energy and petrochemical sector. Saudi Aramco recently announced the signing of a memorandum of...

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