Business & Money | Tuesday 13 January, 2015 1:33 am

HRDF joins bid to Saudize construction work force

The Council of Saudi Chambers (CSC) and the Human Resources Development Fund are exploring the possibility of Saudizing the work force in the construction sector but the scarcity of skilled Saudi manpower is a major cause for concern in the sector where mega projects are under way.In steps to find...

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Business & Money | Tuesday 13 January, 2015 1:20 am

Cayan Group unveils plan to develop AED 1.2 billion mega property projects in Dubai & Riyadh

Cayan Group, one of the Middle East’s leading real estate developers, has announced that it is developing AED 1.2-billion mega property projects in Dubai, UAE and Riyadh, Saudi Arabia this 2015. The award-winning company with a rich portfolio of premium developments across New Dubai’s skyline...

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Business & Money | Tuesday 13 January, 2015 12:57 am

GCC Rail and Metro Conference 2015 Recommendations- A Vision to Sustainable Development

Held under the auspices of His Highness Sayyid Shihab Bin Tariq Al Said, Advisor of His Majesty the Sultan, the GCC Rail and Metro Conference 2015 was held in Qasr Al Bustan Hotel, Muscat, Oman from 11-12 January 2015. The event was organized by Ministry of Transport and Communications in Oman, in...

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Business & Money | Monday 12 January, 2015 3:27 pm

Saudi logistics sector expected to reach SAR 67.5 billion by 2015

The Kingdom of Saudi Arabia’s logistics sector is poised for further significant expansion in 2015. According to industry experts, the value of the local industry is expected to reach SAR 67.5 billion during this year. Saudi Arabia’s thriving sector is reflective of the entire GCC’s...

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Business & Money | Monday 12 January, 2015 3:16 pm

Value of Middle East wire and cable industry is projected to reach US$1 trillion by 2018

The value of the Middle East wire and cable industry is projected to be worth in excess of US$1 trillion by 2018, offering domestic and global wire and cable producers enormous investment and business growth opportunities.The forecast came on the third day of Wire & Cable Arabia 2015, which is...

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Business & Money | Monday 12 January, 2015 2:55 pm

SEDCO Holding Group showcases its CSR visionary roadmap ‘Towards Sustainability’ at Dar Al-Hekma University

SEDCO Holding Group presented its ‘Towards Sustainability’ CSR umbrella during the annual business and law faculty week held at Dar Al-Hekma University and organized by the Economy and Finance faculty. The presentation underlined the Group’s major achievements since its launch in 1976 in...

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Business & Money | Monday 12 January, 2015 2:52 pm

FLYNAS CONTINUES TO SUPPORT YOUNG SAUDIS WITH 
“A STEP AHEAD OF EMPLOYMENT”

For the second year in a row, flynas has been named the official airline for the 3rd Women’s Job Fair – this year entitled, “A Step Ahead of Employment." The Saudi national carrier recently signed an agreement with Glowork, the exhibition’s organizer on January 11th. The 3rd Women’s Job...

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Business & Money | Monday 12 January, 2015 1:46 pm

The real estate sector ... an active partner in the development process

“The 2015 Budget reflects the strength and stability of the Saudi economy, and confirms that the kingdom will proceed with its comprehensive and sustainable development plans; it also promotes the importance of the contribution of the private sector in the development process.”, Said Majed Al...

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Business & Money | Monday 12 January, 2015 12:47 am

Middle East alone will need to invest $18 billion in next 5 years in new pipelines and associated infrastructure

The organizers of Tube Arabia, Metal Middle East and Arabia Essen Welding & Cutting (AEWC), said on the second day of the shows that GCC is expected to add more than 21,000 km over the next five years to its current pipeline network, approximately 14% of the global planned pipeline network of...

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Business & Money | Monday 12 January, 2015 12:24 am

No housing project facing delay, assures minister

There are no delayed housing projects in the Kingdom, said Minister of Housing Shuwaish Al-Duwaihi.He was speaking during the inauguration of the Apartment Housing project in Buraidah in the presence of Qassim Gov. Prince Faisal bin Bandar. Al-Duwaihi said the project is the first of a series of...

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