Business & Money | Monday 15 June, 2015 1:41 am

Massive flour mill complex launched near Makkah

People in Saudi Arabia waste 35 percent of bread produced in the country, said Agriculture Minister Abdul Rahman Al-Fadli. “We have one of the world’s highest per capita consumption of bread,” he said.Speaking to reporters after Makkah Gov. Prince Khaled Al-Faisal launched one of the largest...

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Business & Money | Monday 15 June, 2015 1:38 am

New Nitaqat program for recruitment firms

The ministry of Labor is preparing to launch a new Nitaqat program for recruitment companies and offices soon, a senior official said. The program will include both incentives and penalties for companies based on the zone they belong to.Tayseer Al-Mofrej, director of the ministry’s media center,...

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Business & Money | Monday 15 June, 2015 1:14 am

KAFA’A launch spearheads efforts in raising the bar for Qatar’s financial sector

In a mandate by Qatar’s Financial Markets Development Committee (FMDC), Qatar Finance and Business Academy (QFBA) has launched the KAFA’A initiative to elevate and advance Qatar’s financial services sector. Designed as a Training & Competency framework that brings together the sector’s...

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Business & Money | Monday 15 June, 2015 12:56 am

QATAR CAREER FAIR CONCLUDES QCF AMBASSADORS PROGRAMME

Qatar Career Fair (QCF), a member of Qatar Foundation for Education, Science and Community Development (QF), recently concluded its youth-empowerment programme, ‘QCF Ambassadors’. Taking part in the programme were 236 high school students from over 18 independent schools, as well as of a number ...

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Business & Money | Sunday 14 June, 2015 4:38 pm

“Tasneef” provides classification services to “Lockheed Martin”

In an unprecedented achievement, Emirates Classification Society “Tasneef” signs an agreement with Lockheed Martin, a global security, aerospace, and information technology company in the United States, to issue classification certificates and conduct inspection for a design of new naval...

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Business & Money | Sunday 14 June, 2015 3:37 pm

GOIC welcomes the participation of investing stakeholders to ensure the success of the conference

The Gulf Organization for Industrial Consulting (GOIC) announced that the Industrial Bank of Kuwait will be the strategic partner of the the 15th Industrialists’ Conference which will be held Under the patronage of His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, Emir of Kuwait, under the...

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Business & Money | Sunday 14 June, 2015 3:10 pm

Casio and Abbar Inaugurate G-Factory’s Latest Outlet at Al Andalus Mall

CASIO COMPUTER CO., LTD and Mahmood Saleh Abbar Co. the authorized agent for Casio in Saudi Arabia have inaugurated the third “G-Factory” outlet in Saudi Arabia. The new outlet which occupies a distinguished location in one of the most important commercial centers in Jeddah” Alandalus Mall” ...

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Business & Money | Sunday 14 June, 2015 3:04 pm

Nahwasharq Co.(the premium collection) Inaugurates Pagani super car Showroom at Burj RAFAL Boulevard

The premium Collection, a subsidiary of Nahwasharq Co., celebrated the showroom inauguration of the Italian-made premium sports car ‘Pagani”, the most expensive and luxurious car in the world. The ceremony was held at the Burj RAFAL Boulevard, on the 30th of May, and gathered a group of VIP...

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Business & Money | Sunday 14 June, 2015 1:51 pm

Palma Development Sells 70% of Phase 1

Palma Development has announced that it has already sold 70 per cent of Phase 1 at Serenia Residences, the sole residential-only community to take up space on Dubai’s exclusive Palm Jumeirah Crescent. The real estate organisation - a subsidiary of Palma Holding - launched the exclusive property...

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Business & Money | Sunday 14 June, 2015 12:12 pm

Closure of Riyad Real Estate Income Fund with Capital of SAR 500 Million

Riyad Capital announced in alliance with Naif Al-Rajhi Investment Company the closure of subscriptions in the private placement of Riyad Real Estate Income Fund, after raising the target capital for the fund at SAR 500 million ahead of schedule. ‘Riyad Real Estate Income Fund’, the latest...

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