Business & Money | Monday 3 August, 2015 5:51 am

1,263 poll centers allocated for third municipal elections

The general elections committee has approved 1,236 poll centers in 284 municipalities and secretariats across the Kingdom, as the first phase of the third municipal elections that will be launched on Aug. 22. Additionally, 250 spare centers will be opened if the need arises and if the approved...

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Business & Money | Monday 3 August, 2015 3:53 am

Sadara and Juffali Sign Multi-Year Supply Agreement

Sadara Chemical Company and E. A. Juffali & Brothers, a privately-owned Saudi company, have signed a supply agreement through which Sadara will supply methylene diphenyl diisocyanate (MDI) to a new Juffali chemical production facility in PlasChem Park in Jubail Industrial City II. The new...

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Business & Money | Monday 3 August, 2015 3:48 am

SAMA restricts credit card cash withdrawals

Saudi Arabian Monetary Agency (SAMA) has tightened restrictions on cash withdrawals from banks using credit cards in an effort to head off any consumer debt problems. “The move by SAMA is in line with global best practice that is mindful of consumers and their protection,” commented...

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Business & Money | Monday 3 August, 2015 1:01 am

GOIC hosts a meeting to discuss a methodology to assess the performance of Saudi SMEs

The Gulf Organization for Industrial Consulting (GOIC) held a meeting to discuss a project to develop a comprehensive annual methodology to assess SMEs in Saudi Arabia at the Organization’s headquarters in Doha, Qatar from the 27th till the 29th of July 2015. The Saudi Ministry of Commerce...

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Business & Money | Monday 3 August, 2015 12:29 am

Ooredoo and The Leo Messi Foundation Continue Global Expansion of Mobile Health Clinics

Ooredoo’s Mobile Health Clinic initiative, which was launched with the Leo Messi Foundation in 2013, has continued to expand its reach across Ooredoo’s footprint, aiming to touch more people’s lives in underserved communities.    At the beginning of Ramadan,...

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Business & Money | Sunday 2 August, 2015 3:13 am

New steps for transfer of sponsorship lauded

Mustafa Al-Nafyawi, deputy chairman of the Saudi branch of the Union for Overseas Egyptians, praised the new decisions that have streamlined the movement of expatriate workers, Ayn Al-Yom website said.    He said: “The decisions are within the big efforts of the Saudi Ministry ...

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Business & Money | Sunday 2 August, 2015 1:49 am

Barwa Bank total assets up by 16% for the first half of 2015

Driving healthy growth and diversification across its portfolio of products and services, Barwa Bank, Qatar’s most progressive Shari’ah compliant service provider, capped the first half of 2015 with noteworthy financial results. Announced on 12 July 2015, the results extend a solid...

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Business & Money | Sunday 2 August, 2015 1:47 am

Deloitte ranked as the No. 1 global consulting organization for the 5th consecutive year

 For the fifth consecutive year, Gartner has ranked Deloitte member firms (Deloitte) as the number one global consulting organization based on 2014 market share revenue in their report Market Share Analysis: Consulting Services Worldwide, 2014. Gartner defines Consulting as Business and...

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Business & Money | Sunday 2 August, 2015 12:56 am

C.H. Robinson Maintains Top Spot on Inbound Logistics 3PL List

Halfway into a decade rife with market fluctuations and abrupt change, C.H. Robinson’s ability to consistently provide exceptional service and help customers achieve supply chain success has led it to be named the #1 3PL by readers of Inbound Logistics magazine for the fifth consecutive...

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Business & Money | Saturday 1 August, 2015 5:05 am

Aramco fulfills housing dream of Saudis

Saudi Aramco said it has financed building 63,000 houses for Saudis through the citizen house owning program implemented by the company.  The company said it has granted 1,037 loans to Saudis to build new houses in 2014, stressing that this program helps increase the quality of life for its...

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