Tourism & Hospitality | Saturday 5 March, 2016 6:05 am

Flower and garden festival opens in Yanbu

The 17-day 10th Flower and Garden Festival which opened here in Yanbu on Friday is expected to again attract thousands of visitors. The event was launched by Alaa bin Abdullah Nassif, chief executive of the Royal Commission for Yanbu, at the Events Garden in Yanbu Industrial City. Nassif said...

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Business & Money | Saturday 5 March, 2016 5:11 am

Boeing: 71 years of partnership

The Boeing Company enjoys a strong and long-standing relationship with the Kingdom of Saudi Arabia. It is a partnership that began on Feb. 14, 1945, when US President Franklin D. Roosevelt presented a DC-3 Dakota airplane to King Abdulaziz Al-Saud. This event marked both the beginning of the...

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Business & Money | Saturday 5 March, 2016 5:04 am

ARGAS lays foundations for a successful future

ARGAS, the Arabian Geophysical and Surveying Company, recently celebrated its first 50 years of success with an eye firmly on the future, as it laid the cornerstone of its new Center for Research and Development in the Dhahran Techno Valley, in the Eastern Province of Saudi Arabia. The ceremony...

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Culture & Education | Friday 4 March, 2016 10:32 am

MoE seeks to ensure effective education

The Ministry of Education (MoE) seeks to create a system that ensures an effective and efficient method of education for modern times. Education Minister Ahmed Al-Issa said that to achieve this, the ministry has launched a number of projects.  He said this during the launch on Thursday of a...

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Business & Money | Friday 4 March, 2016 10:28 am

Saudi housing sector in transitional phase

Saudi Arabia’s housing sector is currently in a transitional phase due to changes in the mortgage law and taxes, industry experts said at Jeddah Economic Forum (JEF) 2016 on Thursday.  Speakers at a panel discussion on housing at the forum said they are anticipating the market dynamics...

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Business & Money | Friday 4 March, 2016 10:19 am

Housing Ministry, GACA sign cooperative pact

The Ministry of Housing and the General Authority of Civil Aviation (GACA) have signed a Memorandum of Understanding (MOU) for increasing cooperation between the two entities. The agreement for joint cooperation was signed on Thursday between Housing Minister Majed Al-Hogail and GACA President...

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Business & Money | Friday 4 March, 2016 10:00 am

KSA marks World Wildlife Day

Saudi Arabia joined the rest of world in observing the United Nation’s World Wildlife Day on Thursday to foster awareness among citizens and residents to protect and conserve biodiversity. World Wildlife Day is observed every year on March 3 to celebrate and raise awareness of the...

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Business & Money | Friday 4 March, 2016 9:53 am

AUB Acquires 40% shares of MEFIC Capital

Ahli United Bank Group (AUB), a pan GCC Banking group, has obtained the necessary regulatory clearances to acquire 40% shares of Middle East Financial Capital (MEFIC Capital) a leading investment company operating under the Capital Market Authority of Saudi Arabia. With this acquisition, AUB...

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Technology & IT | Friday 4 March, 2016 9:47 am

Panasonic Eyes 20% Regional Growth in Eco Solutions Business

Panasonic Marketing Middle East & Africa (PMMAF), a global leader in technology demonstrated its Energy, Lighting and Indoor Air Quality solutions which feature the latest in electrical product segment at Middle East Electricity (MEE) 2016, the region’s largest power...

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Tourism & Hospitality | Friday 4 March, 2016 8:56 am

GCC Pavilions Displaying Cultural Heritage Proudly at Global Village

The GCC Pavilions at Global Village have been celebrating the 20th season of the region’s leading family destination for cultural shopping and entertainment by showcasing their rich traditions and unique heritage to guests from around the world. These unique pavilions introduce the Gulf...

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