Business & Money | Saturday 17 October, 2015 10:27 am

Shoura Council finds labor recruitment process opaque

A committee of the Shoura Council has been briefed regarding the complaints submitted about the recruitment process; chiefly, the high costs of recruiting domestic help in the Kingdom in comparison to neighboring countries. After close consideration, the committee confirmed that there is a lot...

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Business & Money | Friday 16 October, 2015 3:39 am

Nitaqat: Saudis in private sector up to 1.7 million

The number of Saudis working in the private sector during 2015 rose to 1.7 million, up from about 700,000 in 2011, while the number of Saudi women working in the sector reached about 400,000 employees, up from only 50,000 four years ago. Ibrahim Al-Mouaikel, director general of the Human Resources ...

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Business & Money | Friday 16 October, 2015 2:43 am

Top French firms and sovereign fund acquire $150 million of KHC shares

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), met Laurent Fabius, French minister of foreign affairs in Riyadh.  The meeting was also attended by Mohammed Fahmi, KHC’s CFO, Hassna Alturki, executive manager for International Relations to the chairman, Fahad bin...

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Business & Money | Friday 16 October, 2015 2:36 am

KSA to boost quality and efficiency in industries

Custodian of the Two Holy Mosques King Salman wants the country to improve its production of top quality products to help boost the economy. The king’s strategies were outlined in a speech delivered on his behalf by Minister of Trade and Industry Tawfiq Al-Rabiah at the opening of the Fifth...

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Business & Money | Friday 16 October, 2015 1:30 am

FX Options: The next generation in currency market investments

Saxo Bank, the online trading and investment specialist, will be giving a special presentation on the investment potential of FX Options at the forthcoming Saudi Money Expo in Al Khobar Saturday 17th October.  FX Options are a fairly new instrument on the financial market, popular among...

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Business & Money | Thursday 15 October, 2015 3:11 pm

(Taqeem) participates in (Restatex Al-Sharqiya)

The Authority for Accredited Valuers (Taqeem) participates in Al Sharqia Exhibition for real-estate, housing and constructional development (Restatex Al-Sharqiya 2015), which is held in Al zahran International Center for Exhibitions and Conferences, under the patronage of His Royal Highness prince...

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Business & Money | Thursday 15 October, 2015 2:58 pm

Saudi home loans select 3i Infotech as technology partner

Saudi Home Loans (SHL), a Riyadh based fully Islamic specialized home finance company, established to provide customer focused products and services to finance home loans, adopts 3i Infotech's mainline solutions- ORION, KASTLE Universal Lending (ULS) and KASTLE Treasury. SHL is now equipped...

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Business & Money | Thursday 15 October, 2015 1:28 pm

Posiflex Showcases Latest Innovations in POS and Infotainment Technology at GITEX 2015

Posiflex Technology, Inc. (TSE: 8114), a leading global brand in the design and manufacture of POS solutions and peripherals, will exhibit its full POS portfolio at GITEX Technology Week 2015, the largest ICT event in the Middle East region.  Occupying pride of place in...

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Business & Money | Thursday 15 October, 2015 1:24 pm

Yiwu Fair: “Exhibition + Comprehensive International Trade Service Platform”

With the urgent demand for industry upgrade and the challenges faced by China’s manufacturing industry, the world-famous manufacturing center of China – Yiwu has begun to expand the proportion of its service industry. As a trend-setter of the Yiwu market, the 21st China Yiwu...

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Business & Money | Thursday 15 October, 2015 10:21 am

New cooperation accords mark Saudi-French business forum

Easing administrative and government procedures for French investors wishing to do business in Saudi Arabia and vice versa was one of the main recommendations to come out of the second Saudi-French Business Opportunities Forum, which concluded in Riyadh on Tuesday. The two-day event kicked off...

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