Business & Money | Wednesday 11 March, 2015 12:44 am

International retailers looking to expand into the Saudi Arabia market

International expansion remains high on the agenda for retailers in 2015, in spite of uncertain economic prospects and cost escalation. 47% of retailers surveyed in How Active are Retailers Globally indicated that unclear economic prospects and cost escalation, largely due to increases in rental...

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Business & Money | Wednesday 11 March, 2015 12:38 am

SAUDI FEMALES SPEAK ABOUT THEIR CAREER GROWTH IN KAEC

Several Saudi female employees at a number of projects in King Abdullah Economic City talked about their rich experiences and the growing opportunities for women in the Economic City. The comments focused on the work environment that suits the values of the society on one side and motivates women...

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Business & Money | Wednesday 11 March, 2015 12:26 am

Saudi Plastics, Petrochem, Print & Pack Seminars - held successfully on 1-2 March 2015

The Saudi Plastics, Petrochem, Print & Pack Seminars, sponsored by SABIC, Saudi Polymers and Petro Rabigh, were successfully launched at the annual 12th International Plastics & Petrochemicals Trade Fair and the 12th International Trade Exhibition for Printing & Packaging Technologies. Saudi...

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Business & Money | Wednesday 11 March, 2015 12:09 am

Saudi Hollandi Bank and Microsoft Arabia launch Women Spark initiative in Jeddah

On Sunday March 8th the city of Jeddah hosted the Women Spark initiative organized by the Saudi Hollandi Bank (SHB) in partnership with Microsoft Arabia. The aim of the initiative is to promote the role of women within the information technology industry and support their ambitions to develop their ...

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Business & Money | Tuesday 10 March, 2015 11:13 am

Investcorp portfolio company L’azurde announces dividend of $16.7 million

Investcorp, the asset management firm specialising in alternative investments, today announced that its portfolio company L’azurde, one of the world’s top five gold jewellery manufacturers, has distributed $16.7 million in dividends to its shareholders, following a strong performance in...

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Business & Money | Tuesday 10 March, 2015 10:43 am

France will be attending CABSAT in Dubai in March 2015

This year, Business France is proud to present 20 innovative companies on the French Pavilion. The audiovisual sector in France is mainly driven by the development of digital technology that has led to radical changes both in industry and in the services development. The major event of recent...

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Business & Money | Tuesday 10 March, 2015 10:28 am

Bayt.com Named Among Top 10 Best Places to Work in Asia

Bayt.com, the Middle East’s leading career site, has been named among the top 10 Best Small and Medium Workplaces in Asia, in the prestigious 2015 Best Workplaces in Asia awards that were announced this month. The ranking follows Bayt.com’s top-10 ranking in the Top Places to Work in the UAE...

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Business & Money | Tuesday 10 March, 2015 10:22 am

McDonald’s and MasterCard Announce Three-Year Strategic Collaboration

MasterCard and McDonald’s today announced a strategic collaboration to introduce innovative electronic payment solutions at McDonald’s restaurants in Saudi Arabia and across other key markets in the Middle East and Africa. The announcement, which highlights the iconic quick-service brand’s...

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Business & Money | Tuesday 10 March, 2015 7:29 am

Transport, telecom services reviewed

The Council of Economic and Development Affairs held a meeting in Riyadh on Monday under the chairmanship of Defense Minister Prince Mohammed bin Salman, chief of the Royal Court, and discussed matters related to transport, telecom services and other development projects.The meeting heard a...

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Business & Money | Tuesday 10 March, 2015 6:41 am

Eight-year limit on expats’ stay to be implemented in stages

The Labor Ministry has denied a report that it plans to limit the stay of foreign workers to eight years, but a ministry source on Monday insisted that the proposal is being studied and would be implemented. The source was quoted in a local publication as saying that the implementation would be...

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