Business & Money | Sunday 28 January, 2018 1:51 pm

Ras Al Khair Industrial City to Elevate Saudi Arabia’s Manufacturing Industry

The key role earmarked for the Eastern Province in driving Saudi Arabia towards its Vision 2030 goals and economic development is mapped out in a wide-ranging interview that its governor, Prince Saud bin Naif Al Saud gave recently to Oxford Business Group (OBG).   Prince Saud...

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Business & Money | Sunday 28 January, 2018 1:39 pm

Professionals in UAE feel more ‘skilled’ than ‘successful’, reveals LinkedIn’s new research

Professionals in the UAE are highlighting skills and experience over personal strengths, according to new data. LinkedIn, the world’s largest professional network, analysed the most popular words in member profiles worldwide in 2017 and revealed the word ‘successful’ has dropped...

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Business & Money | Sunday 28 January, 2018 1:38 pm

Dubai dairy company Al Rawabi welcomes Zanzibar President

Al Rawabi Dairy Company, the largest UAE-based dairy, by herd size and production capacities, welcomed His Excellency Dr Ali Mohamed Shein, President of Zanzibar to its headquarters in Dubai.   HE Abdulla Sultan Al Owais, Chairman of Rawabi Emirates Group with Vice Chairman Mr. Abdulla...

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Business & Money | Sunday 28 January, 2018 6:39 am

Investment licenses now in 3:59 hrs

Now investment licenses can be issued in less than 3:59 hours, according to an official of the Saudi Arabian General Investment Authority (SAGIA). Earlier the procedures for the issuance of investment licenses took 53 hours. The remarkable improvement was due to three initiatives:...

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Business & Money | Sunday 28 January, 2018 4:05 am

Davos takeaway: Sun shines on global economy but caution needed

The upturn in economic growth prospects for the global economy is an opportunity to “fix the roof while the sun shines” and to shift the recovery from a cyclical to a structural one, financial leaders said on the closing day of the World Economic Forum Annual Meeting 2018. The...

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Business & Money | Sunday 28 January, 2018 2:42 am

Al Ahli Holding Group’s CSR Division Launches Women for Business Initiative

Al Ahli Holding Group (AAHG), the multi-diversified international conglomerate, unveiled the first edition of Women for Business, a multicultural CSR program designed by AAHG, in partnership with Union National Bank and La Rochelle Education Group, France to promote Emirati women entrepreneurs. The ...

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Business & Money | Saturday 27 January, 2018 8:50 am

Abu Dhabi’s Department of Economic Development and Zayed Higher Organization agree to grant people of determination “Tajer Abu Dhabi” license

The Department of Economic Development (DED) in Abu Dhabi signed a joint cooperation agreement with Zayed Higher Organization for Zayed Higher Organization for Humanitarian care and Special Needs. The agreement aims to support people of determination across the Emirate of Abu Dhabi by empowering...

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Business & Money | Saturday 27 January, 2018 8:48 am

Gold inches back toward 17-month peak as dollar moves lower

Gold rose on Friday, climbing back toward the previous day’s 17-month peak as a report of slow economic growth pushed the US dollar lower, days after the greenback was hammered by a senior US official backing a weaker currency. The dollar was on track for its biggest weekly decline since ...

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Business & Money | Saturday 27 January, 2018 8:39 am

Bahrain aims to be Hong Kong to Saudi Arabia’s China

Bahrain is ramping up its drive to attract foreign investment, undeterred by the prospect of big global capital flows toward Saudi Arabia under the Vision 2030 strategy. Khalid Al-Rumaihi, the former investment banker who heads the Bahrain Economic Development Board (EDB), took the opportunity ...

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Business & Money | Saturday 27 January, 2018 8:35 am

Saudi Arabia, Switzerland mean business

Saudi Arabia and Switzerland plan to activate their bilateral trade and investment program according to Vision 2030. Council of Saudi Chambers (CSC) Secretary-General Dr. Saud Al-Mishari, Ambassador of Switzerland Heinrich Schellenberg, and Daniel Küng, CEO of Switzerland Global...

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