Business & Money | Sunday 31 July, 2016 4:24 am

No luggage cabins in Haramain train

There will be no separate cabins for luggage on Al-Haramain train, but special racks will be allocated for luggage. Sources said the train is for passengers, and not for luggage, and only personal bags can be carried and stowed on the steel racks in each cabin or in the upper drawers of passenger...

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Business & Money | Sunday 31 July, 2016 4:12 am

Aramco to Saudize industries

Saudi Aramco plans to raise the Saudization of industries to 70 percent, according to an integrated plan to develop jobs for young Saudis, along with the full respect to the national product quality.  The vice president of procurement at the company, Nasser Al-Yami, said the company began...

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Business & Money | Saturday 30 July, 2016 4:02 am

HEMPEL’s 2016 Color Trends, a Beautiful World to Explore

2016 is a year of exploration, originality and optimism, a year of the nature’s beauty and the celebration of life. HEMPEL’s 2016 color trends resembles just that. HEMPEL’s color trends brings together the past, present and future in bright colors, which gives a sense of stability ...

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Business & Money | Saturday 30 July, 2016 2:38 am

EPICO opens new office in Abu Dhabi

Emirates Property Investment Company (EPICO), the property and facilities management arm of Al Fahim Group, has announced the opening of its new office in Abu Dhabi. Located in the Mezzanine 1 level of Dalma Plaza, Hamdan Street, Abu Dhabi, the new office aims to cater to the growing demand for...

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Business & Money | Saturday 30 July, 2016 2:32 am

Saudi investors ‘closely watching post-Brexit scenario’

Saudi businessmen and investors are watching post-Brexit developments in Britain and Europe very closely with considerable interest and concern, a business dialogue at the Arab News office in Jeddah was told on Thursday. Welcoming senior diplomats from Britain, France and Italy to the discussion...

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Business & Money | Saturday 30 July, 2016 12:11 am

TVIEW TV Measurement Currency Endorsed to Global Standards by Independent Media Auditor CESP

In response to growing demand for acceptable measurement standards within the regional media and advertising industries, independent media auditor Centre d'étude des supports de publicité (CESP) has audited the national TView People Meter-based Television Audience Measurement...

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Business & Money | Friday 29 July, 2016 7:30 am

SADAFCO’s solar project in Riyadh starts operation

AFTER announcing its investment in a SR2 million solar power project in its Riyadh Regional Distribution Centre (RDC) last October, Saudia Dairy and Foodstuff Company (SADAFCO) has now commenced operations utilizing a photovoltaic (PV)-diesel hybrid system that can deliver up to 40 percent of the...

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Business & Money | Thursday 28 July, 2016 1:14 pm

The Board of Directors of the National Commercial Bank has recommended the distribution of dividend to the shareholders For The first half of 2016

The Board of Directors of National Commercial Bank has recommended the distribution of dividend to the shareholders for the period The first half of 2016 as following: 1.Total amount of distribution of dividend SAR 1,200 Millions 2.Divided per share SAR 0.60 3.Divided represent 6% of the...

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Business & Money | Thursday 28 July, 2016 1:05 pm

QFB announces half year results

Qatar First Bank L.L.C. (Public), a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), has released its financial results for the half year ended 30 June 2016 recording revenue increase by 46% to QAR 353 million (US$ 97 million) and net profit to QAR...

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Business & Money | Thursday 28 July, 2016 1:01 pm

Q2 2016 Middle East cross-border deal-making steady despite global decline: Baker & McKenzie Report

Global cross-border M&A volume and values were subdued in Q2 2016, as investors held their breath, but the Middle East region saw an increase in both inbound and outbound cross-regional activity in the first half of 2016, according to global law firm Baker & McKenzie’s...

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