Business & Money | Tuesday 25 August, 2015 3:02 am

Omniyat to Develop AED1 Billion Langham Place Downtown Dubai

In its continued efforts to strengthen Dubai’s status as a global tourist destination, Omniyat, the city’s leading privately-held real estate development group that creates livable art, has announced its strategic alliance with Langham Hospitality Group, a leading hotel operator with an ...

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Business & Money | Tuesday 25 August, 2015 2:32 am

Alwaleed, Japanese envoy discuss investment issues

Prince Alwaleed Bin Talal, chairman of Kingdom Holding Company (KHC), received Norihiro Okuda, Japanese ambassador to Saudi Arabia, at his office in Riyadh.  The envoy was accompanied by Katsuhiko Takahashi, minister and deputy chief of mission, and Shusuke Saito, first secretary, economic...

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Technology & IT | Tuesday 25 August, 2015 1:56 am

HTC Announces SHARE REPURCHASE program

HTC Corporation today announced that its Board of Directors has authorized a share repurchase program to restore investor confidence and increase shareholder value.   The share repurchase program, which will run over the course of the next two months, comprises the buy-back of up to 50...

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Government | Tuesday 25 August, 2015 1:30 am

SR2.5bn for Haj cleanup operation

 Municipal and Rural Affairs Minister Abdul Lateef Al-Asheikh was briefed on Monday about the SR2.5 billion awarded to companies contracted to clean up the holy sites during this year’s Haj. Al-Asheikh praised the country’s leaders and the various government and private agencies...

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Technology & IT | Tuesday 25 August, 2015 1:13 am

Toshiba's Advanced Propulsion System to Drive Seibu Railway's New Trains

Toshiba Corporation (TOKYO:6502) will provide high performance propulsion systems for new Series 40000 trains that Seibu Railway Co., Ltd. will bring into service on lines serving Tokyo and its suburbs in spring of 2017. The propulsion systems comprise totally enclosed permanent magnet synchronous...

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Beauty & Style | Monday 24 August, 2015 4:58 pm

New Olay Regenerist Skin Energising Technology boosts proven anti-ageing range

Olay Regenerist announces the biggest upgrade in Olay history, which sees its proven formula boosted with new Skin Energising Technology. This new technology, developed from pioneering Celluar Bioenergetics research is proven to help fight the look of skin fatigue and boost skin’s...

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Beauty & Style | Monday 24 August, 2015 4:54 pm

L’azurde recognized as best jewelry brand in Saudi Arabia

L’azurde, the leading jewelry company, has been awarded the prize of “best jewelry brand in Saudi Arabia”. The award was presented by Luxury Lifestyle Awards, the international entity dedicated to recognizing the most outstanding brands for their distinguished initiatives and...

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Business & Money | Monday 24 August, 2015 4:48 pm

Saudi Total launches SR. 25 million plan to expand its plant in Saudi Arabia

Saudi Total Arabia announced a plan to expand its factory located in the industrial Valley in King Abdullah Economic City; to keep pace with rising demand for its products of Total oils and lubricants, as well as to strengthen its presence in the Saudi market.   Mr. Hisham Atallah,...

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Technology & IT | Monday 24 August, 2015 2:27 pm

Saudi Ranks among the Best for Mobile Security, Aruba Networks, an HP Company Finds

A report published by Aruba Networks, an HP company, has pinpointed the most at-risk nations based on a survey of the mobile security habits of 11,500 workers in 23 countries.   It finds that the Kingdom of Saudi Arabia and established Western markets display by far the world’s...

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Business & Money | Monday 24 August, 2015 2:25 pm

Deloitte: Middle East CFOs – Local concerns, global impact

The continuation of low energy prices is impacting both optimism and risk appetite in the Middle East, according to Deloitte’s latest report “Global CFO Signals: CFO Sentiment Q2 2015 – Staying focused; remaining vigilant”. With oil at US$53 a barrel at the time of the...

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