Business & Money | Sunday 11 January, 2015 3:39 pm

GCC’s cable and wire industry sees 15% growth

The Gulf market for wire and cable witnessed a growth of 15% in the past two years. This is in sharp contrast to a falling demand in the developed European and East Asian economies, according to Integer Research’s latest Wire & Cable Global Data Service. Satish Khanna, General Manager, Al Fajer...

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Business & Money | Sunday 11 January, 2015 12:36 pm

Bayt.com announces complete revamp of its mobile app.

Bayt.com, the Middle East’s number one job site, has released a completely revamped version of its popular mobile app, with new features, new design, and new capabilities! The exciting relaunch makes the job seeking experience truly mobile, as users can now get notifications on suitable jobs, get ...

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Business & Money | Sunday 11 January, 2015 12:40 am

al khaliji appoints Rana Ahmad Al Asaad as Acting Head of Personal Banking

Al Khalij Commercial Bank (al khaliji) Q.S.C., next generation bank, has appointed Ms. Rana Ahmad Al Asaad as Acting Head of Personal Banking. This step comes in line with the bank’s Qatarization strategy and commitment to Qatar’s National Vision 2030 and to increasing the reliance on talented...

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Business & Money | Sunday 11 January, 2015 12:01 am

Reduced shop working hours to boost Saudization

Experts argue that the Ministry of Labor’s proposal for commercial shops to close at 9 p.m. will boost the Saudization rate in the retail sector by up to 30 percent, especially after the integration of women in the workplace. Samir Hussein, chairman of the human resources committee at the Jeddah...

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Business & Money | Saturday 10 January, 2015 1:37 pm

Three Mega Shows -- Tube Arabia, Arabia Essen Welding & Cutting and Metal Middle East -- kick off today (Saturday)

- International Air Transport Association: “Gulf States allocated $ 313 billion for airport development projects, led by UAE with over $ 23 billion”HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) inaugurated today (Saturday, 10 January 2015) three mega...

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Business & Money | Saturday 10 January, 2015 1:52 am

ATEICO celebrates 31 years of active service

ATEICO, a division of Bushnak Group, has honored Dr. Adil Bushnak and Faisal Bushnak on completion of 31 years of professional relationship. The celebrations were held at The Hilton and were attended by prominent members of the business community.ATEICO General Manager Riaz Mulla welcomed the...

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Business & Money | Saturday 10 January, 2015 1:48 am

GULF INTERNATIONAL BANK UNVEILS THE FIRST CUSTOMER DESIGNED RETAIL BANK IN THE KINGDOM OF SAUDI ARABIA

Meem by GIB (‘meem م’), a progressive retail banking service provided by Gulf International Bank B.S.C. (GIB), was officially launched today at an event in Al Khobar. Over 200 ‘meem م’ customers attended the event, along with members of the media, who all had the opportunity to experience ...

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Business & Money | Saturday 10 January, 2015 1:41 am

Govt to come down hard on ‘tasattur’

The Commerce and Industry Ministry has intensified its campaign against illegal business ventures (tasattur) being conducted by expatriates in the name of Saudis as part of efforts to put an end to what it called “the most dangerous practice” affecting the Kingdom’s business community.A...

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Business & Money | Friday 9 January, 2015 1:11 am

Fee hike for seasonal work visas proposed

The Shoura Council’s human resources committee has proposed an increase in fees for seasonal visas, with SR1,000 for the visa and a further SR1,000 for an extension.The proposal is part of amendments to regulations governing visas for temporary and seasonal workers announced recently in a royal...

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Business & Money | Friday 9 January, 2015 12:55 am

twofour54 continues its leading role in training talented media

twofour54, the commercial arm of the Media Zone Authority - Abu Dhabi continues its leading role in supporting Arab youth across the region to boost their skills in the media industry. This week a top-level delegation from twofour54 including HE Noura Al Kaabi, twofour54 Chief Executive Officer and ...

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