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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Business & Money | Tuesday 1 September, 2015 3:23 pm

ARAB WOMAN AWARDS UAE ANNOUNCES ILLUSTRIOUS PANEL OF JUDGES FOR 2015 EDITION

The Arab Woman Awards UAE’s organisers have finalised an illustrious panel of female judges for the Awards’ 2015 edition. The awards aim to raise public awareness of significant achievements by Arab women in the region and provide young women with inspirational role models. Nominations...

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Business & Money | Tuesday 1 September, 2015 3:10 pm

GIB Hosts Event for Staff and Their Children

GIB recently held an event for 29 children of the bank’s employees, ages 2 to 12 years, who visited their parent’s office in Dhahran at GIB KSA Head Office. This initiative comes as part of GIB’s efforts to help children understand what their parents do at work while they are at...

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Business & Money | Tuesday 1 September, 2015 2:50 pm

Science or Art? Is there a formula to beautiful interior design?

Leaders in Design Summit holds the key to this riddle   Feng Shui or High Fashion? Does a beautifully designed space hold some secret formula or is it to each his own? This is one many questions that has intrigued the big players in the design and architecture industry the likes...

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Business & Money | Tuesday 1 September, 2015 8:02 am

TASI suffers worst monthly drop since October 2008

Most Gulf stock markets fell on Monday, tracking volatile oil prices, while Egypt's bourse jumped after energy major Eni announced a potentially huge natural gas discovery off the country's coast. The main Saudi Tadawul All-Share Index dropped 2.2 percent to 7,522 points, closing August...

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