Environment & Energy | Monday 2 November, 2015 1:47 am

Water tariff to rise 50% next month

The Ministry of Water and Electricity will raise by 50 percent tariff for water and sanitation services provided for government bodies and large industrial and commercial establishments as of Dec. 16. The ministry has set special pricing for water for those who benefit from water service only,...

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Business & Money | Sunday 1 November, 2015 4:56 pm

Retail market in Saudi Arabia and the GCC exceeds 270 billion SR

Retail industry leaders across the Arab world came together recently for NEXTGEN 2015, an event aimed at supporting the further development of the SAR 270 billion GCC retail industry.   The event, which was held at the Elaf Hotel in Jeddah, was organized by the Middle East Council of...

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Business & Money | Sunday 1 November, 2015 2:40 pm

Anees Moumina Awarded the ”Revolutionary CEO of the year 2015”

Anees Moumina, CEO of SEDCO Holding Group, received the ‘Revolutionary CEO of the Year’ award at the 9th Annual CFO Strategies Forum MENA 2015, held on October 26 in Dubai.  In addition to this win, Atif Raza, CFO of SEDCO Holding Group, received the second place award for the...

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Tourism & Hospitality | Sunday 1 November, 2015 4:08 am

Etihad Airways Expands Saudi Arabian Network Throgh New Five Weekly Service With Flynas

Etihad Airways, the national airline of the United Arab Emirates (UAE), is expanding its Saudi Arabian network through a new five-times-per-week service between Riyadh and Abu Dhabi operated by its codeshare partner flynas.   Commencing on 16 December 2015, the new flynas service will...

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Culture & Education | Sunday 1 November, 2015 3:40 am

beIN Democratizes Pay TV In MENA Through Entry Into Entertainment Content

Marking its twelfth anniversary beIN announced expansion of it’s platform through launch of wide range of movies and entertainment channels.  Under the campaign slogan of “All You Want” the company is positioning itself as the only comprehensive Pay TV entertainment player ...

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Business & Money | Sunday 1 November, 2015 3:05 am

Best Retailers across the Middle East Win at the annual Images RetailME Awards 2015

Top performing Retailers in the Middle East were awarded at the most prestigious Images RetailME Awards 2015 across 32 categories at a gala ceremony held at the Conrad hotel 2015.   Images RetailME awards attract the best–known names in the retail sector, there being no greater...

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Business & Money | Saturday 31 October, 2015 6:23 pm

(SAGIA) Tomorrow will host the Global Federation of Competitiveness Councils (GIS 2015)

On the 1st of November, the Saudi Arabian General Investment Authority (SAGIA) will host the Global Federation of Competitiveness Councils (GIS 2015). The summit will be held for the first time in Saudi Arabia at the King Abdullah Economic City in Rabigh under the patronage of the Governor of...

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Tourism & Hospitality | Saturday 31 October, 2015 2:26 am

SCTNH to promote fine arts on tourism, heritage & culture

Reiterating its commitment for the promotion of tourism in the Kingdom, the Saudi Commission for Tourism and National Heritage (SCTNH) said it would support and finance exhibitions and events related to fine arts on Saudi tourism, heritage and culture. To this end, the SCTNH signed a...

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Business & Money | Saturday 31 October, 2015 2:22 am

Emerging markets gain ground in life sciences innovation

A new report, Innovation in life sciences: An emerging markets perspective, by The Economist Intelligence Unit, commissioned by Dubai Science Park, was released identifying success factors in driving innovation in the life sciences industries of a diverse group of countries, from China and Brazil...

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Tourism & Hospitality | Saturday 31 October, 2015 2:20 am

Tourism to generate 1.7m jobs by 2020

Job opportunities in the tourism sector of the Kingdom are expected to reach 1.7 million by 2020, according to the Tourism Information and Research Center (MAS), the statistical division of the the Saudi Commission for Tourism and National Heritage (SCTNH). “This total figure includes the...

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