Business & Money | Saturday 22 October, 2016 3:19 am

North-South train to run early next year

Riyadh Gov. Prince Faisal bin Bandar said Thursday that the North-South Railway will be launched early next year, asserting that the project is feasible both at the economic and security levels as it will save lives of travelers on the roads and protect them against the hazards of commuting by...

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Business & Money | Saturday 22 October, 2016 2:24 am

Al Jomaih, Cadillac agree to further strengthen collaboration

DESPITE the steep decline of oil prices and the challenging political situation in the region, the Saudi market continues to be a key market for Cadillac and GM in general, said Johan De Nysschen, president of Cadillac & General Motors Executive Vice President. De Nysschen, who is visiting...

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Business & Money | Friday 21 October, 2016 4:36 am

KSA, Portugal sign cooperation accord

Saudi Arabia and Portugal have signed a cooperation agreement following the Third Saudi-Portuguese Joint Committee meeting at the Royal Conference Palace in Riyadh on Wednesday. The accord to improve bilateral relations was signed by Minister of Commerce and Investment Majid Al-Qassabi and...

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Technology & IT | Friday 21 October, 2016 3:38 am

Microsoft brings cloud power to non-profits organizations

As part of its Microsoft Philanthropies division and its ‘Modern Non-profit’ campaign, Microsoft has announced that it will be making Microsoft Azure available to eligible non-profit organisations, by offering Azure credits. This offer adds to the existing comprehensive suite of...

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Tourism & Hospitality | Friday 21 October, 2016 1:18 am

Qatar’s Premier Hospitality Exhibition wraps up with high satisfaction levels and record breaking feedback

 The 360° Hospitality and HORECA (Hotels, Restaurants, Cafes) show of Qatar, Hospitality Qatar 2016, successfully came to a close at the Doha Exhibition and Convention Centre (DECC) on Thursday, October 20. Over the course of three days, Hospitality Qatar 2016, organized by IFP Qatar...

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Business & Money | Thursday 20 October, 2016 3:11 pm

Kingdom of Saudi Arabia Recognized for its Largest-Ever Participation at GITEX Technology Week

Eng. Ahmed bin Jamil Al-Maiman, Vice-President of the Supervising Committee of Saudi Ministry of Interior’s Participation at GITEX 2016 and the PR and Media Director of the National Information Centre (left) received today a trophy from Ahmed Al Khaja, Senior Vice President, Dubai World Trade ...

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Business & Money | Thursday 20 October, 2016 5:38 am

SMEs play a crucial role in Kingdom’s economic growth

Small and medium enterprises (SMEs) would have to play a key role in spurring the Kingdom’s robust growth, according to Ghassan Al-Sulaiman, governor of the General Authority for SMEs. “At present, the contribution of SMEs to the Kingdom’s gross domestic product (GDP) is less than ...

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Environment & Energy | Thursday 20 October, 2016 3:37 am

Oil-price downturn coming to an end

Saudi Arabia’s Minister of Energy, Industry and Mineral Resources Khalid Al-Falih said on Wednesday that the oil-price downturn was coming to an end. Speaking at the Oil & Money conference here, Falih called for new investments to avert a supply shortage in the future. “We are ...

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Business & Money | Thursday 20 October, 2016 1:36 am

Kingdom shares with world its experience in urban development

Saudi Arabia is a country that supports international development, well-being, peace and security.  The Kingdom was actively involved in financing development through grants and aid which amounted to about 1.9 percent of the GDP of the country and worth up to $14.5 billion in 2014, said Abdul ...

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Cars & Autos | Wednesday 19 October, 2016 3:10 pm

The 10th edition of Luxury Motor Show (EXCS) kicked off in Jeddah

Under the auspices of the Minister of Transport, Mr. Suleiman Alhamdan, Mr. Mohammed Tawfiq Madani, Director of Roads in Makkah region, inaugurated the 10th edition of the Luxury Motor Show (EXCS).  The inauguration ceremony, as well, was attended by the head of the National Committee for...

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