Business & Money | Thursday 21 December, 2017 3:36 am

Saudi budget will boost growth in the non-oil sectors and create jobs, say economists

Top economists have welcomed the expansionary departure from the tight fiscal control of the past three years reflected in this week’s Saudi budget. But there was some debate as to the degree of stimulus that will be injected into the economy, the projections for the non-oil economy next ...

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Business & Money | Thursday 21 December, 2017 3:32 am

Youth look up to digital era

In a nation where traditional ways are being replaced by new ones in order to adjust to the digital age, the pace of change in the Kingdom is considered fast to many but seems just right to the youth that make up the majority of the population. Diversifying the economy, a key aspect of...

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Business & Money | Thursday 21 December, 2017 3:14 am

Saudi energy minister says phone has 'not stopped ringing'

Saudi Energy Minister Khalid Al-Falih on Wednesday quipped his phone had not stopped ringing with calls from investors as the Kingdom ramps up spending to record levels. He was speaking at a press conference in Riyadh that was also attended by Public Investment Fund (PIF) Managing Director...

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Business & Money | Wednesday 20 December, 2017 2:52 pm

The Fourth Industrial Revolution – a Trillion Riyal Opportunity for Saudi Arabia

A.T. Kearney, a leading global strategic management consultancy in partnership with Al-Aghar, a Saudi Arabian think tank, recently hosted its Fourth Industrial Revolution KSA Leadership Summit in Riyadh, Saudi Arabia. The gathering which included both industrial and technology leaders,...

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Business & Money | Wednesday 20 December, 2017 2:20 pm

‘Invest in Sharjah’ Workshop Brings Government Departments Together to Build Unified Investment Strategies

Sharjah FDI Office (Invest in Sharjah), the promotional investment arm at the Sharjah Investment and Development Authority (Shurooq), has held a workshop to draw more foreign investment into the emirate through increased government coordination.   Held at the Business Centre in Al Qasba, ...

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Business & Money | Wednesday 20 December, 2017 1:00 pm

‘Import From Hong Kong to the UAE Touches USD 13.2 Billion in 2017’

The Hong Kong Trade Development Council (HKTDC) is looking for planning to take the trade relations between the UAE and Hong Kong to the next level with seven global trade fairs to be held in Hong Kong early next year.   The UAE is Hong Kong's 17th largest trading partner and 17th...

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Business & Money | Wednesday 20 December, 2017 12:45 pm

Airbus successfully utilizes trailblazing communication solution for Fortune Global Forum in China

Airbus has successfully provided the latest in secure communication services to help facilitate operations of the ‘Fortune Global Forum 2017,’ one of the most influential forums on economic development in the world, which was recently held in Guangzhou, China. The annual conference,...

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Business & Money | Wednesday 20 December, 2017 12:37 pm

King Abdullah Port Platinum Sponsor of Breakbulk Middle East 2018

King Abdullah Port has announced the signing of an agreement to sponsor the third edition of Breakbulk Middle East, which will be held at the Abu Dhabi National Exhibition Center in the United Arab Emirates on February 6-7, 2018. The event will be held in order to discuss the latest...

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Business & Money | Wednesday 20 December, 2017 11:57 am

Ministry of Economy and Abu Dhabi Department of Economic Development Announcing the Launch of TIP Platform

The Ministry of Economy and the Department of Economic Development – Abu Dhabi have officially launched TIP platform, A platform that will host a community of pioneers in technology and innovation locally, regionally and globally. TIP will also have specialized sub-platforms and will soon...

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Business & Money | Wednesday 20 December, 2017 10:00 am

Bahri reiterates company-wide commitment to innovation in transportation and logistics sector

Setting a new benchmark in brand engagement and awareness, Bahri, a global leader in transportation and logistics, recently launched a nation-wide roadshow on a state-of-the-art truck, to highlight the company’s services, key achievements and future opportunities.   Following its...

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