Business & Money | Sunday 31 May, 2015 3:45 pm

DUBAI WELCOMES ROYAL CARIBBEAN INTERNATIONAL’S SMART SHIP QUANTUM OF THE SEAS® TO THE ARABIAN GULF

Quantum of the Seas, the first ship in Royal Caribbean International's most advanced ship class, has docked in Dubai as part of an epic 53-day global voyage, from New York, USA to Shanghai in China.Royal Caribbean International in collaboration with Dubai Tourism, commemorated the inaugural call of ...

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Business & Money | Sunday 31 May, 2015 2:22 pm

Delegation from the Kuwaiti Gold Traders Union visits L’azurde’s factory in Riyadh

L’azurde organized an orientation visit to their Riyadh factory in the Second Industrial City, for a delegation from the Kuwaiti Union for Gold and Jewelry Traders. The delegation participated in a training course organized by the Saudi Ministry of Trade and Industry, during the second quarter of ...

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Business & Money | Sunday 31 May, 2015 1:58 pm

SEDCO Holding Group stresses key role Of CSR in youth development

SEDCO Holding Group - a leading Shariah-compliant private wealth management organization – underscored the crucial role of corporate social responsibility (CSR) in youth development.During its participation at the 12th Annual CSR Summit in Dubai held on May 18-21, 2015 at The Address Dubai...

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Business & Money | Sunday 31 May, 2015 12:59 pm

The Saudi Economy is Stable and Dur targets Emerging Cities Dur Hospitality

A planned portfolio of 20 hotels and 6 residential complexes in Saudi Arabia over the next seven years with SR 1.5 billion investments will definitely enhance Dur hospitality’ leadership position in Saudi Arabia and will sure reflect positively on the revenues, which are expected to increase 3...

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Business & Money | Sunday 31 May, 2015 9:41 am

Deloitte: Construction is the economic barometer for the region

2015 stands to be another key indicator of economic development as the Gulf Cooperation Council (GCC) continues to invest in infrastructure and capital projects. The forecast for projects planned and underway in the GCC in 2015 is US$172 billion; the highest on record to date. This is according to...

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Business & Money | Sunday 31 May, 2015 9:35 am

Maaden puts Saudi mining sector on the global map

Mining giant Saudi Arabian Mining Company (Maaden) has been rated as one of the best world-class companies on various operational, projects, training and skill development and financial parameters with its asset base recording 14-fold increase; now exceeding $22.5 billion in total. Maaden has also...

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Business & Money | Sunday 31 May, 2015 9:29 am

Preparations under way for municipal council polls

In a few weeks preparations will begin for elections for municipal councils which will be held in August.Despite criticisms of the previous two elections, people are hopeful. Changes in legislation have increased the number of elected candidates to two-thirds.The voting age has been lowered to 18...

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Business & Money | Sunday 31 May, 2015 9:26 am

MoH seeks personnel for Haj

Health personnel who are interested in serving pilgrims during the coming Haj are requested to send their applications to the Ministry of Health for deployment on a temporary basis.The Manpower Committee at the ministry will receive the applications through its website:...

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Business & Money | Sunday 31 May, 2015 9:23 am

Al-Hudaithi is new SRMG chairman

The board of directors of the Saudi Research and Marketing Group (SRMG) decided on Wednesday to appoint board member, Eng. Sulaiman Al-Hudaithi, as chairman.His tenure, along with that of the board, would be from May 1, 2015, until April 30, 2018, SRMG announced.Eng. Al-Hudaithi holds a bachelor of ...

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Business & Money | Saturday 30 May, 2015 11:00 am

Despite Record-High 401(k) Plan Balances, Few Workers are Actively Managing their Portfolios

While 401(k) plan balances and participation are at record-highs, a new survey from Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE:AON), reveals that few U.S. workers are actively managing their 401(k) portfolios, leaving opportunity for workers to be more...

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