Business & Money | Thursday 24 September, 2015 3:31 am

100 trained Saudi women assist pilgrims in using Mashaer Train

About 100 trained Saudi women have joined hands with 1,500 of their male counterparts in organizing transportation of 370,000 pilgrims by Al-Mashaer Train that links the holy sites of Mina, Arafat and Muzdalifah. Pilgrims from Southeast Asia, Turkey, Europe and GCC countries as well as domestic...

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Business & Money | Thursday 24 September, 2015 3:27 am

12 hours maximum work period for private sector

The Ministry of Labor announced that amendments that have been recently adopted will enter force starting Oct. 8. The amendments emphasize the prohibition of keeping the worker more than 12 working hours in the workplace, and on giving him a break of 30 minutes every five hours to pray, eat and...

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Business & Money | Wednesday 23 September, 2015 5:18 pm

Deloitte announces 62,000 new hires and revenues of US$35.2 billion

Deloitte member firms (Deloitte) today reported aggregate revenues of US$35.2 billion for the fiscal year ended 31 May 2015 (FY15), representing 7.6 percent growth in local currency terms.    “Deloitte’s strong financial performance reflects the success of our...

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Business & Money | Wednesday 23 September, 2015 1:35 pm

EnvisionTEC Teams with Somos® to Develop High-Performance Materials

EnvisionTEC is proud to announce its collaboration with DSM’s product brand Somos®, a world leader in additive manufacturing material development. The partnership will allow both companies to advance their technologies and develop new applications.  “Somos® consistently...

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Business & Money | Wednesday 23 September, 2015 4:25 am

UK supports new GCC infrastructure event

UK Trade & Investment (UKTI), the non-ministerial commercial arm of the UK Government, has been confirmed as an official supporter of the upcoming NATRANS Arabia 2015 conference, which will be held at the Abu Dhabi National Exhibition Centre (ADNEC) from 25-27 October, 2015. Billed as ...

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Business & Money | Wednesday 23 September, 2015 3:40 am

Independent Arab Region Think Tank to Convene In Abu Dhabi Next Month

 One of the most powerful gatherings of Arab region and international minds will convene in Abu Dhabi, the capital of the United Arab Emirates, next month (October) for a Summit which is aimed at producing recommendations for a blueprint to reposition the Arab world’s standing within...

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Business & Money | Tuesday 22 September, 2015 4:19 pm

“How pharmacy practice has transformed in the region”

The pharmacy practice in the GCC region is seen by many experts to have made great progress over the past years, especially in the last decade. In the past, the pharmacy profession is believed to have a “dispensary” function, as shared by Dr. Adeline Saba, Pharmacy Manager from Corniche ...

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Business & Money | Tuesday 22 September, 2015 2:42 pm

Qatar Rail’s tunneling operations enter the Guinness World Records Book

Marking a milestone for large-scale transport projects in Qatar and across the region, Qatar Railways Company (Qatar Rail), the company overseeing the construction of Qatar’s integrated railway network, has been officially recognized by the Guinness World Records ...

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Business & Money | Tuesday 22 September, 2015 1:46 pm

The Arab Women in Leadership Summit raises the bar for women professionals in the GCC

The 2nd Edition of the Arab Women in Leadership and Business Summit organized by MICE Quotient has concluded with an inspiring message for women in the UAE. The event, held in Dubai recently, was organised with the support of Dubai SME as the official Government Partner and sponsored by ADIB...

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Business & Money | Tuesday 22 September, 2015 9:33 am

Social media frenzy ‘hurting Saudi market sentiment’

 A top Jeddah-based economist has cautioned Saudi stock market investors against being influenced by rumors spread by social media. “Social media keeps us connected. But there is a negative side,” said Basil Al-Ghalayini, CEO of BMG Financial Group. Al-Ghalayini and Sami A....

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