Business & Money | Wednesday 7 January, 2015 1:26 am

Hundreds join drive for traffic awareness

The safety department and employees’ safety committee representing S-Chem organized a traffic awareness campaign at its complex in Jubail.The campaign, which targeted the company employees, was held in collaboration with the Traffic Safety Committee in the Eastern Province and Saudi Aramco.The...

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Business & Money | Wednesday 7 January, 2015 1:23 am

Prices of building materials drop by 20 percent, say experts

Prices of building materials have dropped by up to 20 percent, and are expected to decline further with a noticeable decrease in demand, Al Eqtesadiyah daily said, quoting experts.Analysing the trend, Raid Al-Aqaili, a former member of the contractors committee at the Jeddah Chamber of Commerce and ...

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Business & Money | Wednesday 7 January, 2015 1:09 am

Veeam Further Cements Its Position in Saudi Arabia Channel after a Successful 2014

Veeam® Software, the innovative provider of solutions that deliver Availability for the Modern Data Center™, is wrapping up its channel activities in 2014 on a high note with impressive third quarter results in the Middle East, including triple-digit percentage growth in the Kingdom of Saudi...

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Business & Money | Tuesday 6 January, 2015 2:03 pm

TNS Makes Strategic Appointment In Middle East

TNS, the world's largest custom market research consultancy announced the new leadership of their key regional business operations with the appointment of Stephen Hillebrand as CEO Middle East. Hillebrand takes over from Steve Hamilton-Clark who had been at the helm for the past 17...

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Business & Money | Tuesday 6 January, 2015 1:54 pm

GCF2015 to focus on the role of governments in boosting economic competitiveness

The eighth annual Global Competitiveness Forum (GCF) is to focus on the crucial role played by governments in enabling growth, discussing global and regional trends in governmental competitiveness and developing a world class infrastructure in Saudi Arabia.This year’s forum, which will be held at ...

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Business & Money | Tuesday 6 January, 2015 8:54 am

Real estate prices fall by 23 percent in Riyadh

Real estate indicators released by the Ministry of Justice reveal that prices of residential real estate transactions in Riyadh fell by 23 percent during the month of November, as compared to the previous month. These transactions included 5,499 buildings valued at SR6.3 billion while the value of...

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Business & Money | Tuesday 6 January, 2015 8:43 am

Cabinet lauds KSA’s economic policies

Crown Prince Salman, deputy premier and defense minister, on Monday, briefed the Cabinet on the message he received from President Tony Tan Keng Yam of Singapore, the results of his meeting with Palestinian Prime Minister Rami Al-Hamdallah, and his meeting with French Defense Minister Jean-Yves Le...

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Business & Money | Monday 5 January, 2015 12:58 pm

SIDRA CAPITAL OBTAINS PLANING PERMISSION FOR LONDON LUXURY RESIDENTIAL REDEVELOPMENT PROJECT

Sidra Capital a Saudi, CMA regulated, Shari’ah compliant financial services company has announced that its latest redevelopment project in Central London has secured planning permission from the Westminster City Council. Sidra Capital is acting as the strategic transaction advisor for this luxury ...

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Business & Money | Monday 5 January, 2015 12:30 pm

GCC Rail and Metro Conference 2015

The Minister of Transport and Communications in Oman will host the GCC Rail and Metro Conference 2015, which will be held under the auspices ofHis Highness Sayyid Shihab Bin Tariq Al Said, Advisor of His Majesty the Sultan, from-12 January 2015 at the Al Bustan Palace Muscat, Oman. The Event will...

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Business & Money | Monday 5 January, 2015 1:03 am

New deal for residential development fund

SEDCO Development, a major Jeddah-based real estate developer and a subsidiary of SEDCO Holding Group, signed with Dar Al-Wessal, a company specialized in marketing residential projects, to market its residential units. These units pertain to the AlAhli SEDCO Residential Development Fund and are...

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