Business & Money | Sunday 2 July, 2017 1:34 am

80% of SR800m north Jeddah Corniche project completed

At least 80 percent of the SR800 million massive north Jeddah Corniche development project has been completed, city mayor Hani Abu Ras told Saudi Press Agency. The first three phases of the six-phase project have already been completed while the fourth and fifth phases are under various stages...

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Business & Money | Sunday 2 July, 2017 1:15 am

Empower and partners of the UN initiative “District Energy in Cities” sign Global Cooperation Agreement

In an effort to enhance the conservational impact and development of district cooling in the UAE, Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider and a member of the Board of Directors of International District Energy...

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Business & Money | Sunday 2 July, 2017 1:11 am

National Bonds Corporation Announces Results of 2016 Savings Index for GCC Region

National Bonds Corporation (National Bonds), the leading sharia-compliant savings and investments company in the UAE, has announced the results of its 2016 Savings Index for select GCC countries based on a survey conducted across Saudi Arabia, Bahrain, Kuwait and Oman. The results showed that...

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Business & Money | Saturday 1 July, 2017 3:05 pm

Renault of Arabian Automobiles Provides MyRenault App Users with Thousands of ‘Buy One Get One Free’ Offers

Arabian Automobiles Company, the flagship company of AW Rostamani Group and the exclusive dealer for Renault in Dubai, Sharjah and the Northern Emirates, has announced that MyRenault app users now have free access to thousands of exceptional ‘Buy One Get One Free’ offers from the...

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Business & Money | Saturday 1 July, 2017 2:58 pm

Turkish Cargo launches cargo flights to Johannesburg and Madagascar.

Turkish Cargo, providing services to 120 countries in the world thanks to its extensive transportation network, launches its scheduled cargo flights to Johannesburg, the biggest industrial and commercial center in South Africa, and Madagascar, the largest island of Vanilla Islands, on July 1st,...

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Business & Money | Friday 30 June, 2017 1:18 am

Savage Saudi Arabia to Provide One of the First Industrial Rail Switching Operations in the Kingdom of Saudi Arabia at Saudi Aramco’s Natural Gas Plants

Savage Saudi Arabia (Savage) has entered into an agreement with Saudi Aramco, the world’s top exporter of crude oil and natural gas liquids, to operate one of the first industrial rail switching facilities in the Kingdom of Saudi Arabia. The rail operations will support Saudi Aramco’s...

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Business & Money | Friday 30 June, 2017 1:13 am

Defense revenues expand, while commercial aerospace slows

Global aerospace and defense (A&D) sector revenues grew by 2.4 percent to reach US$674.4 billion in 2016, slightly above the estimated global domestic product (GDP) growth of 2.3 percent1. This is according to the 2017 Global aerospace and defense sector financial performance study released by...

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Business & Money | Friday 30 June, 2017 1:07 am

​Longines officially launched the blue model of The Longines Master Collection on the eve of Prix de Diane Longines culminating day

  On 17 June 2017, the evening before the culminating day of the Prix de Diane Longines featuring the world’s biggest race for fillies, the Swiss watch brand officially launched the new blue model of The Longines Master Collection in the heart of Paris. This stainless steel model...

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Business & Money | Friday 30 June, 2017 12:49 am

Fluor Signs Memorandum of Understanding with Saudi Arabian Mining Company Ma’aden

Fluor Corporation (NYSE: FLR) announced today that it has signed a memorandum of understanding (MOU) with Saudi Arabian Mining Company (Ma’aden) to support future Ma’aden projects located within and outside the Kingdom of Saudi Arabia. Under the MOU, Fluor would be considered...

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Business & Money | Thursday 29 June, 2017 1:54 pm

Azizi Developments Launches Two New Projects in Al Furjan: Azizi Berton and Azizi Pearl

Azizi Developments, the fast growing and award-winning Dubai real estate developer, announced the double launch of its 18th and 19th properties in Al Furjan: Azizi Berton and Azizi Pearl. While stylistically unique both of the seven-floor properties will feature a high number of studio apartments....

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