Business & Money | Sunday 22 May, 2016 8:39 am

SGS to build 40 new seismic stations

The Saudi Geological Survey (SGS) has drawn up a plan to set up a national network comprising 220 monitoring stations for monitoring seismicity. The SGS has completed the construction of 180 stations till now and it is expected to set up the remaining 40 stations within the next three years. In...

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Environment & Energy | Sunday 22 May, 2016 8:37 am

Al-Falih reviews renewable energy strategy of country

Energy, Industry and Mineral Resources Minister Khalid Al-Falih paid a visit to the Mishkat exhibition here at the King Abdullah City for Atomic and Renewable Energy (K.A.CARE) that highlights the importance of renewable energy in sustainable development. Upon his visit to K.A.CARE headquarters...

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Business & Money | Sunday 22 May, 2016 8:34 am

‘No plans to merge petchem businesses’

Saudi Aramco and Saudi Basic Industries Corp. have denied they had any plans to merge their petrochemicals businesses after media reports on the possibility. “The companies wish to clarify that they have no plans to pursue this option,” they said in a joint statement. “Both...

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Technology & IT | Sunday 22 May, 2016 8:29 am

Mobily Launches A New Promotion for Connect Infinity Packages

Etihad Etisalat (Mobily) has launched the latest promotion for Connect 4G packages with multiple options that meet the needs of customers for high-speed Internet with competitive prices. Mobily has announced the launch of Connect Infinity package for a limited period, taking into account various...

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Business & Money | Sunday 22 May, 2016 8:19 am

15th OIC Trade Fair opens in Riyadh Today

Riyadh Gov. Prince Faisal bin Bandar today will inaugurate the 15th OIC Trade Fair which will kick off in Riyadh under the patronage of Custodian of the Two Holy Mosques King Salman. The event is being organized by the Ministry of Commerce and Investment (MCI) in cooperation with the OIC, the ...

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Tourism & Hospitality | Sunday 22 May, 2016 8:11 am

Four Seasons Hotel Riyadh launches Special Summer Offer

In support of local tourism, Four Seasons Hotel Riyadh is thrilled to introduce 2016 special summer offer. The hotel offers a special summer rate of SR 1,200 for a Superior Room, single or double, and SR 2,100 for a Four Seasons Executive Suite on room only basis. This special rate will be...

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Business & Money | Sunday 22 May, 2016 7:41 am

GCC to save $3.5b with energy-efficient buildings

GCC countries can save $3.5 billion with energy efficient buildings, industry experts announced in the build-up to the International Design Exhibition (INDEX) in the UAE. With energy and facilities management combining for 90 percent of a building’s costs, energy efficient buildings can...

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Business & Money | Saturday 21 May, 2016 5:26 am

L’azurde publishes IPO Red Herring prospectus

Following the announcement on 9 May 2016 of its intention to float, L’azurde Company for Jewelry (“L’azurde” or “the Company”)  today announces the publication of the Red Herring Prospectus for the initial public offering (the “IPO” or the...

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Tourism & Hospitality | Friday 20 May, 2016 8:00 am

Dammam-Riyadh train trip in just 3 hours, 40 minutes

Beginning June 1, the Riyadh-Dammam train trip will be shortened by 50 minutes for passengers’ convenience. Rumaih Mohammed Al-Rumaih, president of the Saudi Railways Organization, said on Thursday an express train would be started between Dammam and Riyadh, which would reduce the journey...

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Business & Money | Friday 20 May, 2016 7:00 am

APSCO hosts a seminar about industrial oils for cement plants

Arabian Petroleum Supply Company (APSCO), in conjunction with Exxon Mobil, hosted a seminar around the uses of Mobil industrial oils, especially the synthetic oils. This seminar comes within APSCO program for continued support for its clients. The two-day seminar, which was held in Dubai, ...

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