Business & Money | Sunday 18 October, 2015 2:03 am

GFH to acquire $125 million US industrial real estate portfolio

GFH Capital, the subsidiary of GFH Financial Group, Saturday announced that it has agreed to acquire an Industrial Real Estate portfolio in the United States in a deal worth $125 million. The portfolio includes 18 income producing assets diversified across six states with an overall occupancy rate ...

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Environment & Energy | Sunday 18 October, 2015 2:00 am

Solar power ‘crucial’ for KSA

The pact signed earlier this year to set up an independent solar power plant would help meet some of the country’s rising energy demands over the next few decades. This is according to Abdularahman Almuhanna, chief executive officer of Taqnia Energy, who said the 50 megawatt (MW) plant to be ...

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Technology & IT | Sunday 18 October, 2015 1:21 am

Focus Softnet to place the spotlight on Focus 8 at GITEX 2015

Focus Softnet, the leading software development company, announced that it will be showcasing the tremendous leaps in product enhancement that they have brought about in their flagship new product, Focus 8, and their other mainstream solutions such as the Focus CRM Suite, with the Sales &...

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Business & Money | Saturday 17 October, 2015 11:39 am

Taqeem participates in Restatex Al-Sharqiya Exhibition

THE Authority for Accredited Valuers (Taqeem) participated in the Al Sharqiya Exhibition for real-estate, housing and constructional development (Restatex Al-Sharqiya 2015), which was held in Al Zahran International Center for Exhibitions and Conferences, under the aegis of Eastern Province...

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Tourism & Hospitality | Saturday 17 October, 2015 10:47 am

ETIHAD AIRWAYS TO CO-HOST ABTA’S 2016 TRAVEL CONVENTION IN ABU DHABI

The Travel Association, has revealed that Abu Dhabi, the capital of the United Arab Emirates (UAE), and its national airline Etihad Airways, will host the association’s 2016 Travel Convention. The convention will take place from 10 to 12 October, 2016. at the Yas Viceroy Hotel on Yas Island,...

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Culture & Education | Saturday 17 October, 2015 10:41 am

Dar Al-Hekma students win SR25,000 design award

A group of senior students at Dar Al-Hekma University (DAH) recently won SR25,000 in a design competition to create a new brand identity for Tarahom Charitable organization. Sara Al-Saeg, Jamana Mattar, Alla Bogari and Haya Al-Garny are the senior students who won the award. They are studying...

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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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Tourism & Hospitality | Saturday 17 October, 2015 3:14 am

Tourism licenses now processed online

The Saudi Commission for Tourism and National Heritage (SCTNH) has launched a portal to empower investors by allowing them to process all issues related to the licensing of travel and tourism activities online, in addition to offering other hassle-free electronic services to save them...

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Environment & Energy | Saturday 17 October, 2015 3:11 am

Aramco, major energy firms pledge support for climate deal

Ten of the world’s leading oil and gas companies including Saudi Aramco have vowed to help fight climate change, notably by shifting toward cleaner natural gas. The initiative to limit climate-altering greenhouse gas emissions comes six weeks ahead of a critical summit in Paris to negotiate...

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Environment & Energy | Saturday 17 October, 2015 3:01 am

Altaaqa Global, Altaaqa Alternative Solutions Score Major Nominations at 2015 Platts Global Energy Awards

Dubai-based Altaaqa Global, the leading global provider of temporary power solutions, and sister company Altaaqa Alternative Solutions (Altaaqa), the premier provider of electrical power, water and temperature control solutions in Saudi Arabia, have garnered major nominations in the 2015 Platts...

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