Business & Money | Wednesday 6 April, 2016 7:49 am

Passport Department discusses plans to streamline operations

Director General of Passport Maj. Gen. Abdul Aziz Al-Yahya met with the different department directors on Monday to discuss future plans to streamline operations. He noted that the number of pilgrims had been increasing so that there’s a need to make necessary adjustments in the issuance...

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Business & Money | Wednesday 6 April, 2016 6:50 am

Saudi businessmen investing $4bn in projects in Egypt

Saudi businessmen are investing $4 billion in projects including the Suez Canal, energy and agriculture, and have already deposited 10 percent of that sum in Egyptian banks, the deputy head of the Saudi-Egyptian Business Council said. “Ten percent of the capital has been deposited in...

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Business & Money | Tuesday 5 April, 2016 2:32 pm

Kingdom’s Real Estate Sector in the Spotlight at Euromoney Saudi Arabia 2016

The long-term opportunities of the Saudi Arabian real estate sector – as well as the steps investors are taking to protect themselves in the current period of turbulence – will be reviewed at the forthcoming Euromoney Saudi Arabia Conference, set to take place in Riyadh this...

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Business & Money | Tuesday 5 April, 2016 2:13 pm

GIB donates 40% of its treasury net income on the 40th day of its 40th year to charities in Bahrain and Saudi Arabia

Gulf International Bank B.S.C. (GIB) is proud to announce the start of its yearlong 40th anniversary celebrations with a charitable donation of an amount in excess of US$ 100,000. It was earlier reported that the donation was US$ 90,000 but the figure was updated after final tallying. The donation...

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Business & Money | Tuesday 5 April, 2016 9:20 am

What’s the future for Retail Banking?

Market disruption in financial sectors, branch transformation, enhanced user experience and digitalization of banking services are some of the main challenges facing Middle East retail bankers in the upcoming years. One of the key questions still remains: “What does the next generation of...

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Business & Money | Tuesday 5 April, 2016 6:29 am

Emir of Makkah attends the graduation ceremony at King Abdullah Economic City

Prince Khaled Al-Faisal, emir of Makkah and adviser to Custodian of the Two Holy Mosques, attends the graduation ceremony at King Abdullah Economic City (KAEC) in Rabigh ...

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Business & Money | Tuesday 5 April, 2016 6:09 am

Fine unveils new technology at Jeddah Factory

Fine Hygienic Holding, prominent and loved tissue brand in Saudi Arabia unveiled its latest technology in the tissue paper industry in its factory in Jeddah yesterday. This occasion came as part of exhibiting the fully automatized machinery that are extremely delicate towards the hygiene of every...

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Business & Money | Tuesday 5 April, 2016 3:53 am

Kuwait to invest USD 1 billion in tourism sector by 2025

Kuwait returns to Dubai this April to showcase its tourism offering at Arabian Travel Market (ATM) 2016, which takes place 25-28 April, as investment into the travel and tourism sector is forecasted to grow by 4.3% per annum over the next decade through to 2025, with a total investment figure of...

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Business & Money | Tuesday 5 April, 2016 3:03 am

Middle East on par with Europe in 4K adoption

Call it 4K, UHD or Ultra HD, it is the latest buzzword; a technology that is redefining the way we view, consume and even create visual content. Though experts from the broadcast industry in the Middle East region are optimistic that 4K is undoubtedly the future of the audio-visual medium, they...

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Business & Money | Monday 4 April, 2016 5:07 pm

Doha Bank joins forces with Ministry of Municipality and Environment and Al Wakra Municipality for ‘Beach Clean-up Campaign 2016’

As part of its efforts to call attention to the importance of preserving the environment and spread awareness on sustainable living, Doha Bank joined forces with Qatar’s Ministry of Municipality and Environment and Al Wakra Municipality yesterday to host a ‘Beach Clean-up Campaign at Al ...

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