Tourism & Hospitality | Tuesday 26 July, 2016 2:50 am

Etihad Aviation Group and Partners Will Support 108,000 Jobs in the USA

Etihad Aviation Group (EAG) and its equity partner airlines will support 108,000 jobs across the USA in 2016 and make a US$10.7 billion contribution to the national economy this year, demonstrating a significant impact in one of the world’s largest economies, according to a leading global...

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Sports | Thursday 21 July, 2016 12:25 pm

Hankook Racing Team dominates “Force Drift 2016”

Hankook Racing Team confirmed to be the best racing team, for 2016 drift racing championships this season after the team domination and winning most of drifts race championships for this season, and thus achieving an unprecedented achievement led by Saeed Al Mouri and Mohammed El Orabi. The latest...

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Business & Money | Tuesday 19 July, 2016 1:02 pm

A Strong Second Quarter 2016

Almarai showed a strong Q2 2016 performance with sales up + 10.3% and net Income up by +18.5% compared to the same quarter of 2015.   The Q2 2016 results reached record levels in the company’s history for Net Income of SAR 629 million and Sales of SAR 4,025 million....

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Business & Money | Sunday 17 July, 2016 11:14 am

NCB’s net income reached SR 5,068 million for first half of 2016

The National Commercial Bank announced that net income for the first half 2016 reached SR 5,068 million compared to SR 4,968 million for the same period of the previous year, an increase of 2%,NCB net profit for the second quarter reached to SR 2,438 compared to SR 2,363 million for the same...

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Business & Money | Sunday 17 July, 2016 11:05 am

UAE takes part in Arab League meeting

The UAE on Saturday participated in a meeting of the permanent representatives of Arab countries to the Arab League, held to discuss preparations for the 27th Arab Summit, which will be held in Nouakchott, Mauritania, on July 25 and 26. The UAE delegation was headed by Ambassador to Egypt and...

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Business & Money | Sunday 17 July, 2016 10:50 am

Shoura panel to discuss cut in Saudia fares

The Transport and Communications Committee at the Shoura Council will discuss a number of important issues shortly including prospects of reducing Saudi Arabian Airlines fares and expanding the railway system linking Riyadh with Qurayyat with stations in Majmaa, Qassim and Hail. Maj. Gen. Nasser ...

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Business & Money | Sunday 17 July, 2016 10:45 am

Saudi ATMs are safe

Saudi ATM machines are safe and secure from any frauds or installation of external devices designed to appropriate the information on a debit card, Talat Hafez, secretary-general of the Media and Banking Awareness Committee of Saudi banks, said.  Hafiz was reacting to a YouTube video in which ...

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Business & Money | Sunday 17 July, 2016 10:41 am

Kuwait’s Largest Construction Event to Take Place as Government Earmarks $68.9bn for Construction Spend in 2016

With planned developments worth an estimated $123.6 billion, according to MEED, and $68.9 billion government construction budget for 2016, Kuwait’s construction industry offers massive business opportunities. The Big 5 Kuwait 2016, taking place from 25 – 27 September at the...

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Tourism & Hospitality | Sunday 17 July, 2016 10:40 am

SR53bn to be spent on local tourism

The Saudi Commission for Tourism and National Heritage (SCTNH), the Jeddah Chamber of Commerce, Jeddah municipality and all other departments of the government are eager to promote national tourism. Mohammad Abdullah Al-Amri, director general of the SCTNH branch in Makkah Province, said the...

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Business & Money | Sunday 17 July, 2016 10:33 am

United Technologies Commercial Business Unit Offices in Jeddah Achieve LEED Platinumâ Certification

The Otis and UTC Climate, Controls & Security offices in Jeddah recently received LEED® Platinum certification under the independently verified LEED for Commercial Interiors™ rating system from the U.S. Green Building Council®. LEED certification is one of the leading global...

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