Business & Money | Thursday 18 July, 2019 11:00 am

The new competition and procurement system promotes integrity, competitiveness and development

The Government of the Custodian of the Two Holy Mosques King Salman bin Abdul Aziz, the Crown Prince of the financial sector, has taken care and interest, which reflected positively on his work and his relentless plans for the development process in line with the qualitative leap Saudi Arabia is...

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Business & Money | Thursday 18 July, 2019 10:35 am

540 licensed factories with a quality mark

The Saudi Organization for Standardization, Metrology and Quality granted 540 certified factories the quality mark by the end of the year, 90 of which are outside the Kingdom. The Commission has received 614 applications for the quality mark, and there are 74 applications under the procedure, in...

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Business & Money | Thursday 18 July, 2019 10:15 am

Saudi stocks close higher

The index of Saudi shares closed today, up 2.54 points to close at 9075.55 points, and trades worth 3 billion riyals. The number of shares traded was more than 120 million shares, which were shared by more than 100 thousand transactions, where the shares of 85 companies rose in value, while the...

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Business & Money | Thursday 18 July, 2019 10:00 am

Al Jabri: Working 24 creates 65,000 jobs in the retail sector

The head of the logistics committee at the Eastern Chamber, Bandar Al-Jabri, explained that the economic impact of allowing 24 hours of work in the Kingdom is to create about 45,000 jobs in the retail sector and another 20,000 indirect jobs, in addition to providing some 30,000 part-time...

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Business & Money | Thursday 18 July, 2019 9:30 am

Saudia Cargo Has Successfully Passed the Accreditation of European Aviation Security

In the presence of His Excellency the President of the General Authority of Civil Aviation (GACA) Abdulhadi Al Mansouri and the Director General of Saudi Arabian Airlines Eng. Saleh Al Jasser, Saudi Airlines Cargo Company honored its cadres who contributed in passing the European accreditation...

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Business & Money | Thursday 18 July, 2019 9:30 am

Riyadh Chamber Has Launched a Program to Qualify 1000 Young Men and Women in the Field of Google Apps

The Riyadh Chamber, represented by the Human Resources and Labor Market Committee and in cooperation with the developers of the Saudi Cloud Society, will hold the free training program for the "Google Cloud Apps Professional", which aims to train and qualify 1000 young men and women of...

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Business & Money | Thursday 18 July, 2019 9:15 am

Top International Business Lawyer Mark H. Tulloss Joins Kalbian Hagerty LLP

Kalbian Hagerty LLP announced today that Mark H. Tulloss has joined the firm’s UAE office as Senior Counsel. Mr. Tulloss is a widely respected international business lawyer with a practice focused on advising businesses in the Middle East, Asia, Latin America, and other developing...

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Business & Money | Thursday 18 July, 2019 8:35 am

Saudi Aramco Promotes Foreign Investment Presence in the Chemicals Sector

Saudi Aramco continues to pursue its vision of becoming the world's largest integrated producer of energy and chemicals by entering into partnerships to create giant industrial parks in the energy and petrochemical sector. Saudi Aramco recently announced the signing of a memorandum of...

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Business & Money | Thursday 18 July, 2019 12:00 am

An electronic platform to control the movement of one million truckloads in the Kingdom

The Public Transport Authority (PTA) plans to launch an electronic platform this year to control and manage the transport of goods to around one million trucks in the Kingdom, while workers in the sector are expected to undergo a mandatory transport document. It is expected that the platform will...

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Business & Money | Wednesday 17 July, 2019 11:02 pm

Amman stock market closes on higher note

The Amman Stock Exchange (ASE) closed Wednesday's trading session up by 0.35 percent at 1,878 points. A total of 9.8 million shares were traded through 2,225 transactions at a trading value of JD10.8 million. When comparing the closing prices of companies with traded shares, 34 saw their...

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