Culture & Education | Monday 19 October, 2015 8:23 am

Al-Dakhil orders use of new logo in official correspondence

Education Minister Dr. Azzam Al-Dakhil has directed all ministry departments to adopt the new logo which was launched last Thursday in the presence of senior officials.  In a recent newspaper report, Al-Dakhil said that the new logo will be used for official correspondence, but that the...

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Business & Money | Monday 19 October, 2015 8:21 am

SABIC profit drives up KSA market index

Better-than-expected earnings at Saudi Basic Industries Corp. (SABIC) boosted the Saudi stock market on Sunday, according to reports. SABIC’s stock rose by 2.9 percent to SR90.25, bringing its gains over the past 10 trading days to 15 percent. The Tadawul All-Share Index climbed 1.2...

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Technology & IT | Monday 19 October, 2015 1:16 am

Amazing Solutions from Panasonic at GITEX

Panasonic Marketing Middle East and Africa (PMMAF) will introduce its new Innovative Solutions under the theme “Be Amazed” at Gitex 2015, which runs from October 18 to 22, 2015, at Dubai World Trade Centre.   Panasonic’s pioneering exhibit of innovative ...

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Tourism & Hospitality | Sunday 18 October, 2015 3:13 pm

Red Sea Mall wins two CMO Asia awards for marketing excellence

Jeddah’s Red Sea Mall continued its international winning streak with two CMO Asia awards for marketing excellence. At the annual ceremony held in Dubai, Red Sea Mall was named winner of the most popular shopping center award for 2015, as well as the corporate social responsibility best...

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Business & Money | Sunday 18 October, 2015 1:50 pm

KSA holds investments opportunities for construction sector

The Kingdom of Saudi Arabia’s (KSA) construction industry is expected to continue its growth for the next few years, fuelled by massive construction projects, particularly around social and transport infrastructure that offer multi-billion-Saudi Riyals opportunities to contractors and...

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Business & Money | Sunday 18 October, 2015 4:59 am

Saudi Agriculture 2015 concludes on successful note

Following the successful opening of Saudi Agriculture 2015, the exhibition concluded on a high note after receiving favorable opinions and feedback from the exhibitors, notable dignitaries and trade visitors. An internal survey conducted during the four-day-long event reinforces the importance of...

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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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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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