Business & Money | Friday 1 February, 2019 5:28 am

National Labor Observatory launched

The National Labor Observatory (NLO.sa) and the Saudi Labor Market Indices with the objective of further boosting Saudization and regulating labor market was launched in Riyadh on Thursday. The launch was made in the presence of Minister of Labor and Social Development Ahmed Al-Rajhi, Minister...

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Business & Money | Friday 1 February, 2019 3:26 am

Saudi-UAE Business Forum in Riyadh highlights investment opportunities

The second Saudi-UAE Business Forum was held on Thursday in Riyadh. Participants discussed various ways to enhance potential investment and commercial ties between the two countries across different sectors. The Council of Saudi Chambers (CSC) organized the forum in cooperation with the United...

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Tourism & Hospitality | Friday 1 February, 2019 2:25 am

New online booking system for Dammam’s King Abdul Aziz Port

Saudi Arabia’s Transport Minister Nabeel Al-Amoudi launched a new online booking system on Thursday, for reserving dates, times and slots for trucks carrying freight to and from King Abdul Aziz Port in Dammam. The system, called “Fash,” was installed by electronic solutions...

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Technology & IT | Thursday 31 January, 2019 1:16 pm

Avaya Opens Customer Experience Center in Saudi Arabia

Avaya Holdings Corp. (NYSE: AVYA) is celebrating the launch of its new office space at the Information Technology and Communications Complex (ITCC), a commercial and housing development that serves as the epicenter of the Riyadh technology community. In what comes as a significant investment in the ...

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Business & Money | Thursday 31 January, 2019 3:30 am

Sadara awarded Saudi Customs’ AEO license

Sadara Chemical Company has been awarded certification by the Saudi Customs Authority as an Authorized Economic Operator (AEO), a status based on the global AEO program which facilitates movement of the company’s imports and exports, or supply chain, under standards established by the World...

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Tourism & Hospitality | Thursday 31 January, 2019 2:38 am

Hyatt Announces Plans for Jabal Omar Hyatt Centric Makkah Hotel and Residences

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Jabal Omar Development Company, a leading developer in the Middle East, for a Hyatt Centric hotel in Makkah, Saudi Arabia, as part of the Jabal Omar integrated real estate...

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Environment & Energy | Thursday 31 January, 2019 2:35 am

Saudi Arabia launches new phase of renewables plan

Saudi Arabia has launched the second phase of its Renewable Energy Program, which will comprise seven solar projects worth $1.5 billion. The combined generation capacity will be 1.51 gigawatts (GW), enough to power 226,500 households, according to a statement from the Renewable Energy Project...

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Environment & Energy | Wednesday 30 January, 2019 3:00 pm

Almar Water Solutions invest over $600m to supply over 1.8 million people in Saudi Arabia with desalinated water

Almar Water Solutions, part of Abdul Latif Jameel, has been awarded a contract to develop a desalination plant in the city of Shuqaiq, on the Red Sea coast of Saudi Arabia. Over $600m will be invested in the project, creating 700 jobs, in line with Saudi Arabia’s Vision 2030 and its...

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Tourism & Hospitality | Wednesday 30 January, 2019 1:30 pm

Rooms joins business & Hospi-tality in Jubail

The hotel will features flexible spaces to work, network and relax, making it the ideal destination for business traveler looking to stay connected, productive and balanced while traveling.  Alone with the courtyard by Marriott Jubail Majd square, the award-winning Majd Square project will...

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Business & Money | Wednesday 30 January, 2019 4:31 am

Saudi Exports launches finance initiative to boost business export capacity

The Saudi Export Development Authority (Saudi Exports) launched the Export Finance Enhancing Initiative under the Private Sector Stimulus Plan by signing agreements with the Saudi Industrial Development Fund and the International Islamic Trade Finance Corporation (ITFC) Non-oil exports are one...

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