Business & Money | Friday 4 September, 2015 5:30 am

G-20: KSA to highlight economic progress

The Kingdom plans to highlight the country’s economic progress and influence globally at the meeting of G-20 Ministers of Labor and Employment here this week, said Mufrej Al-Haqabani, Saudi Arabia’s labor minister.  In a statement to the Saudi Press Agency on the sidelines of...

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Business & Money | Friday 4 September, 2015 4:58 am

Murooj Jeddah project on track, officials say

Makkah Gov. Prince Khaled Al-Faisal was briefed Thursday about Murooj Jeddah residential project, located in the eastern part of the governorate.  Representatives of the Jeddah Development and Urban Regeneration Company, the executing company owned by Jeddah mayoralty, told Prince Khaled...

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Business & Money | Friday 4 September, 2015 3:06 am

The 2016 IKEA Catalogue Encourages Customers to Share the Joy of Togetherness

Ghassan Ahmed Al Sulaiman Furniture Trading Co. Ltd., IKEA Saudi Arabia, the leading home furnishing company in the region, is encouraging customers to share moments together with the launch of its new 2016 IKEA Catalogue, helping families create a space that allows them to get closer to each other ...

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Business & Money | Thursday 3 September, 2015 4:56 pm

Saudi Arabian Industrial Investments Company announces appointment of its CEO

The recently formed Saudi Arabian Industrial Investments Company (SAIIC) announced today the appointment of its CEO, Mr. Rasheed M. Al-Shubaili.    SAIIC was established last year by a Royal Decree as an organization with joint venture partners consisting of the Saudi Arabian Public ...

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Business & Money | Thursday 3 September, 2015 2:43 pm

Emirates NBD Saudi Arabia PMI™

Saudi Arabia’s non-oil private sector continued on its strong growth path in August, with business conditions improving at the sharpest pace since March. Output, new orders and employment all rose more quickly, as did purchasing activity. As a result, the sector gathered further momentum,...

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Business & Money | Thursday 3 September, 2015 2:35 pm

GN ReSound Opens Johor Malaysia Factory and Distribution Center to Support Continued Company Growth

Today, GN ReSound®, a global leader in innovative hearing technologies, hosted an official opening ceremony for the company’s newest manufacturing and distribution facility in Kulaijaya, Johor, Malaysia. The new 5,000 m2 facility expands GN ReSound’s global production capacity and...

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Business & Money | Thursday 3 September, 2015 2:12 pm

C.H. Robinson Names Jeroen Eijsink President of Its Europe Operations

C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (NASDAQ: CHRW), one of the world’s largest logistics companies, announced today that Jeroen Eijsink has joined the company as President of C.H. Robinson Europe, B.V. Eijsink will report to President and Chief Executive Officer John...

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Business & Money | Thursday 3 September, 2015 7:38 am

Saudi Fertilizer Industry Earns US$2.7billion in 2014, says GPCA

 With sales revenues estimated at US$2.7 billion, earnings from Saudi Arabia’s fertilizer industry prove that the Kingdom is well on its way to diversifying its economy, according to the Gulf Petrochemicals and Chemicals Association (GPCA).  “Despite the cyclical nature of...

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Business & Money | Thursday 3 September, 2015 4:05 am

Saudi Arabia keeps oil output stable in August

OPEC oil output fell in August from the highest monthly level in recent history, a Reuters survey found on Wednesday, as disruptions to flows on Iraq's northern pipeline halted supply growth from the group's second-largest producer. Largely stable output from Saudi Arabia and other Gulf...

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Business & Money | Thursday 3 September, 2015 4:03 am

Jobs for women top priority

Women in Saudi Arabia have been allocated a package of services to ensure their development and employment, Labor Minister Mufrej Al-Haqabani said Tuesday. The minister was speaking at the first panel discussion at the second National Business Women Forum opened by Commerce and Industry Minister ...

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