Business & Money | Wednesday 2 September, 2015 12:38 pm

A Unique Shopping Experience in the First Lifestyle Center in the Kingdom

Raj Real Estate company (subsidiary of AL Rajhi United) and Baseel properties company, announced the signing of a joint venture to launch “Riyadh Walk”, a large-scale real estate commercial project that is designed to become the new destination for shopping, dining and leisure in the...

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Business & Money | Wednesday 2 September, 2015 12:24 pm

UAE Portal Launched Containing the Largest Property Database

Propertytrader.ae, a real estate portal launched in January 2014 is set to become the primary resource for everybody interested in the Dubai property market.  With a database of over 30,000 property listings throughout Dubai and the UAE, the portal provides...

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Business & Money | Wednesday 2 September, 2015 12:17 pm

evian Debuts New Bottle Design in Saudi Arabia

 evian today premieres its newly-designed PET bottle in the Kingdom, adopting a perfect symphony between substance and form. The launch follows the successful debut in the UAE and it is now being rolled out in key markets across the GCC. The new design represents a major breakthrough, fitting...

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Business & Money | Wednesday 2 September, 2015 12:09 pm

First Homes in Dubai South to be Ready within Six Months

Luxury real estate developer DAMAC Properties is to deliver the first homes within the Dubai’s flagship project, Dubai South, within the next six months.   The 145 sq km city, which includes the Al Maktoum International Airport and the site for the World Expo 2020, has...

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Business & Money | Wednesday 2 September, 2015 8:29 am

JADWA Investment - Saudi Chartbook Sep 2015

Economic activity recorded a seasonal slowdown in July, in line with the usual pattern around the Eid al-Fitr holidays. The net withdrawals from government accounts with SAMA fell to its lowest point in ten months with all three main government accounts recording small net monthly changes. This led ...

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Business & Money | Wednesday 2 September, 2015 6:12 am

The First Group Names ‘Arabian Jewel’, Saudi Footballer Majed Abdullah, As Its Newest Ambassador

Saudi Arabian football legend Majed Abdullah is the latest international sports star to endorse leading Dubai-based property developer, The First Group. The much-loved former striker for Saudi Arabia and Riyadh’s Al Nassr FC, who was affectionately known as the ‘Arabian Jewel’...

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Business & Money | Wednesday 2 September, 2015 4:49 am

Kingdom, Japan mark 60 years of fruitful ties

Saudi Arabia and Japan are this year marking their 60th anniversary, with growing cultural and business relations. Consul General Matahiro Yamaguchi met recently with Arab News Editor in Chief Mohammed Fahad Al-Harthi at the newspaper’s offices and said that interaction between the two...

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Business & Money | Wednesday 2 September, 2015 3:51 am

Foundation for African pilgrims to open 5,000 jobs during Haj

The Foundation of Pilgrim Guides for Non-Arab African Countries plans to create 5,000 seasonal jobs during this year’s Haj, said Minister of Haj Bandar Hajjar on Tuesday. Hajjar said the foundation adopted an operational plan to provide quality services for pilgrims, to cater for 165,000 ...

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Business & Money | Wednesday 2 September, 2015 2:55 am

SEC, STC and NWC blamed for damaging roads in Jeddah

Additional work on the roads in Jeddah carried out by contractors of Saudi Electricity Company (SEC),National Water Company (NWC) and Saudi Telecom Company (STC), is damaging the city’s transport infrastructure, a Jeddah Municipality study has said.  The study, carried out by an...

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Business & Money | Wednesday 2 September, 2015 2:50 am

Poll financing disclosure mandatory

The Ministry of Municipal and Rural Affairs has announced new legislation for the Dec. 12 elections, including fines and imprisonment for failure to disclose candidate financing, obstructing procedures or officials, and fraudulent activity. Violators face one year in jail and fines up to SR50,000...

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