Business & Money | Friday 30 October, 2015 6:12 am

SABIC and KSU Sign Cooperation Agreement in Support of Kingdom's Economic Plans

SABIC and the King Saud University (KSU) have signed a strategic cooperation agreement covering a variety of programs to support to Kingdom’s plans to transform into a knowledge economy as well as to fulfil SABIC’s 2025 growth strategy.   The agreement was signed during the...

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Business & Money | Friday 30 October, 2015 5:35 am

Apple opens first retail stores in the Middle East

The Middle East’s first Apple stores officially opened in Dubai and Abu Dhabi on Thursday. In Dubai and Abu Dhabi, residents and tourists flocked to the Apple stores in Mall of the Emirates and Yas Mall. Crowds queued at the doors for hours waiting for the grand opening to get a hold of ...

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Business & Money | Friday 30 October, 2015 2:31 am

GIB Continues to Expand its International Network

Gulf International Bank (GIB) announced that, in line with its strategy to be a pan-GCC universal bank, it will be inaugurating the opening of its Abu Dhabi wholesale banking branch.  The Abu Dhabi office will build on the bank’s 40 years of experience in the financial sector to...

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Business & Money | Thursday 29 October, 2015 2:33 pm

Deloitte: 1.5 million Saudi Arabian visitors to Dubai with noted reduction from Russia and Germany

 The tourism market in Dubai continues to be dominated by visitors from the Kingdom of Saudi Arabia (“KSA”), India and the United Kingdom (“UK”). KSA drove the largest number of visits to Dubai in 2014 (1.5 million visits), followed by India (0.9 million visits) and the ...

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Business & Money | Thursday 29 October, 2015 2:24 pm

Middle East’s Audiovisual Market to Post Record Growth to 2016

Demonstrating the strong growth in the Middle East’s audiovisual technology market, InfoComm MEA’s organizers announced today it will become a stand-alone show in 2016.   The Middle East’s audiovisual market is set to reach USD 2.76 billion by 2016, up 76 percent from...

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Business & Money | Thursday 29 October, 2015 4:25 am

Career opportunities grow for Saudi work force

Etihad Etisalat (Mobily) has begun training its employees under the “Elite” distinctive program. The program aims to enhance employees’ skills as part of the company’s plan to increase competency at the national level leading to career development. Under the program, the...

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Business & Money | Thursday 29 October, 2015 4:21 am

HOME OF INNOVATION™ LINKS SABIC AND PARTICIPANTS IN DELIVERING DIFFERENTIATED SOLUTIONS

At a daylong event in Riyadh today, SABIC set the foundation for its Home of Innovation™ growth initiative by hosting more than 120 leaders from 43 top global, regional and local companies at its SABIC Plastics Application Development Center.   Attendees were treated to welcoming...

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Business & Money | Thursday 29 October, 2015 4:21 am

Mining sector’s job potential for Saudi youth highlighted

Job opportunities for Saudi youth and technology innovation for diversified industrial development were in focus on the second day of the Saudi Mining and Minerals 2015, here on Wednesday. The event, the first international mining and minerals conference and exhibition in the Kingdom, was...

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Business & Money | Thursday 29 October, 2015 2:00 am

Guidance Investments Announces first closure of Logistics Real Estate Investment Fund

Guidance Investments announced the first closure of its Logistics Real Estate Investment Fund, South East Asia’s first Fund focused on the logistics and industrial sectors, at USD 100 million. A leading Malaysian financial organization is the anchor investor of the landmark Fund....

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Business & Money | Wednesday 28 October, 2015 4:14 pm

Next Generation Manufacturing Conference Highlights Key Growth Drivers For Middle East F&B Manufacturing Industry

The opening day of Gulfood Manufacturing drew thousands of the region’s F&B industry professionals to the Dubai World Trade Centre yesterday (Tuesday), including hundreds of delegates attending the Next Generation Manufacturing Conference running alongside the key trade event.  One...

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