Business & Money | Wednesday 16 December, 2015 11:48 am

By 2030 Saudi Arabia can transform its economy, double GDP and create job opportunities for 6m Saudis

The McKinsey Global Institute released its new report Saudi Arabia beyond oil: the investment and productivity transformation. This groundbreaking, year-long study explores one of the world’s largest and one of the least understood economies in the world.  While much of the outside...

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Business & Money | Wednesday 16 December, 2015 11:45 am

SABIC highlights leading role fighting corruption at Nazaha Seminar

SABIC demonstrated its efforts to reduce corruption and increase transparency at the “End the Corruption Chain” seminar held under the patronage of His Royal Highness Prince Faisal bin Bandar bin Abdul Aziz, Governor of Riyadh.    The seminar marking International...

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Business & Money | Wednesday 16 December, 2015 11:16 am

Henkel delivers strong increase in Q3 sales and earnings

“Despite a persistently challenging market environment, Henkel delivered a strong performance in the third quarter. We significantly increased both sales and earnings across all business units. Organic sales in emerging markets were strong, once again making an above average contribution to...

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Business & Money | Wednesday 16 December, 2015 10:17 am

Saudi Arabia is looking to hire healthcare professionals

The Monster Employment Index is a monthly gauge of online job posting activity in Middle-East based on a real-time review of tens of thousands of employer job opportunities culled from a large representative selection of career Web sites and online job listings. The Index does not reflect the trend ...

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Business & Money | Wednesday 16 December, 2015 4:51 am

William Hague Offers Predictions for State of the World in 2016 at 8th Arab Strategy Forum in Dubai

William Hague, the UK’s former foreign secretary, presented to a full audience gathered at the 2015 Arab Strategy Forum, a set of quick fire predictions for 2016 that he said were meant to be provocative.  He started with Europe, a region he said he was confident to speak about and...

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Business & Money | Wednesday 16 December, 2015 3:44 am

Madinah governor chairs Takaful meeting

Madinah Gov. Prince Faisal bin Salman, who is chairman of the board of directors of the Takaful Charity Association for Orphans' Care in the region, chaired a meeting of the board of directors of the association and investment committee.  Members discussed a number of issues related to...

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Business & Money | Tuesday 15 December, 2015 4:51 pm

Closing Statement and Recommendations Of The First Gulf Metrology Forum

Under the patronage of His Excellency Engineer Ahmad Bin Amer Al-Hemaidi, Qatar’s Minister of Environment, the Gulf Organization for Industrial Consulting (GOIC) organized the 1st Gulf Metrology Forum in collaboration with Qatar’s Ministry of Environment, the GCC Standardization...

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Business & Money | Tuesday 15 December, 2015 3:10 pm

Ericsson named second best place to work for in Saudi Arabia

Ericsson was ranked second best company to work for in the kingdom of Saudi Arabia for 2015by ‘Great Place to Work’ Institute, a global research and management consultancy, following a survey covering companies across industries in the kingdom. “At Ericsson, we believe in...

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Business & Money | Tuesday 15 December, 2015 2:30 pm

The Coca-Cola Foundation and INJAZ Al-Arab launch 8th Cycle of Ripples of Happiness Program

The Coca-Cola Foundation, in partnership with INJAZ Al-Arab, has launched the eighth edition of the ‘Ripples of Happiness’ (ROH) program, an educational initiative focused on regional university students with a primary emphasis on social responsibility, entrepreneurial skills, financial ...

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Business & Money | Tuesday 15 December, 2015 2:17 pm

BECO Capital expects a start-up boom in Saudi Arabia

BECO Capital, a regional venture capital firm focused on technology investments in the Gulf Cooperation Council (GCC) countries, today said during the Arabnet Conference taking place in Riyadh that Saudi Arabia’s growing population and consumer driven economy will give the entrepreneurial...

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