Business & Money | Sunday 20 December, 2015 2:54 am

Unite on labor issues: KSA to GCC nations

Deputy Minister of Labor Ahmad Al-Humaidan has emphasized the need for consensus and a unified vision regarding labor issues between Saudi Arabia and other GCC countries.  The Saudi Ministry of Labor (MoL) has launched major efforts to adjust the labor market by building mechanisms to ensure...

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Business & Money | Saturday 19 December, 2015 12:21 pm

Aramco announces three new veeps

The Board of Directors of the Saudi Arabian Oil Company (Saudi Aramco) has made the following appointments, effective Jan. 1, 2016: Mohammed Y. Al Qahtani, senior vice president, upstream; Ahmad A. Al Sa’adi, senior vice president, technical services; and, Muhammad M. Al Saggaf, senior vice...

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Business & Money | Saturday 19 December, 2015 12:14 pm

Low oil prices won’t hit assistance to Egypt

 Saudi Ambassador to Egypt Ahmad Al-Qattan said Thursday that low oil prices will not prevent the Kingdom from supporting the Egyptian economy. He said the Saudi support would help ease an acute dollar shortage and reduce pressure on the Egyptian government's budget. "The...

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Business & Money | Saturday 19 December, 2015 12:12 pm

Riyadh Metro 26% complete

Seventy-four percent of the main stations of Riyadh Metro are complete. Riyadh Gov. Prince Faisal bin Bander said that the difficult stages in the project have been overcome and work done can now be seen on the surface. He was speaking 30 meters below ground during a fact-finding visit to the...

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Business & Money | Saturday 19 December, 2015 12:29 am

Deloitte: Growth potential for Islamic Sukuk financing in Europe

The gap between the spending needs of developing countries and the pressure on financial institutions to carefully monitor their credit exposure in order to optimize their capital management driven by regulatory constraints on solvency, is creating opportunities for more diversified products of...

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Business & Money | Friday 18 December, 2015 5:16 am

Amana Capital Announces the Addition of Variable Spreads to Its Trading Products

Amana Capital, the leading Middle Eastern financial services group specialized in online trading and consultancy services, announced today the addition of Variable Spreads to the group's trading products on the MetaTrader 4 Platform.     ...

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Business & Money | Friday 18 December, 2015 4:43 am

Colors of Saudi Arabia stun VIP visitor

The Saudi Colors Forum 2015 greatly impressed South African Tourism Minister Derek Hanekom who, after touring the pavilions at the ongoing fourth edition at the Riyadh International Convention and Exhibition Center, expressed his deep admiration, saying: "I am amazed to see the Kingdom’s ...

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Business & Money | Friday 18 December, 2015 4:31 am

Strong core sectors to sustain demand for steel fabricators

An upcoming trade event for the steel fabrication and metal working industry is looking at leveraging on rising demand from core sectors of the industry in the country and the region.   Experts point out that UAE’s prudent economic policies aimed at increasing diversification have...

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Business & Money | Thursday 17 December, 2015 4:18 pm

Atmosphere, a new concept of modern home furniture innovation in the kingdom

Atmosphere Company opened yesterday its First Showroom in Riyadh located near King Abdullah Financial district. Specialized in high-end modern furniture and interior design services, Atmosphere flagship boutique’s grand opening was attended by businessmen, VIP’s, industry specialists...

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Business & Money | Thursday 17 December, 2015 2:03 pm

Action To Action Recognised at 2015 Business Awards

Action To Action, a dynamic business advisory firm has been selected as Most Innovative Tech & Start-Up Expansion Partner at MEA Markets magazine’s 2015 Business Awards. The recognition places Action to Action among the few companies that are able to achieve outstanding results at...

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