Business & Money | Tuesday 1 January, 2019 11:31 am

Bidaya Home Finance successfully completes its Series 2 Sukuk Issuance

Bidaya Home Finance ("Bidaya") has successfully completes its Series 2 Sukuk issuance under the recently established SAR 500 million Sukuk programme (“Sukuk Programme”). The total amount raised in relation to the Series 2 Sukuk was SAR 100 million; closing on December 26,...

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Tourism & Hospitality | Tuesday 1 January, 2019 11:29 am

2019 Ras Al Khaimah New Year’s Eve Fireworks captivates the world with a breathtaking spectacle

Ras Al Khaimah captivated the world with its 2019 New Year’s Eve Fireworks that welcomed hundreds of thousands of visitors to the emirate. Organised by Marjan, with the support of Ras Al Khaimah’s government entities, and put together by Fireworks by Grucci, the Ras Al Khaimah New...

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Business & Money | Tuesday 1 January, 2019 11:24 am

EY Corporate Finance Woman of the Year competition encourages female Saudi students to explore new business sectors

EY has launched its inaugural Corporate Finance Woman of the Year (CFWY) competition in the Kingdom of Saudi Arabia. The initiative encourages Saudi women to pursue careers in the private sector, particularly within transaction services and corporate finance. The competition is open to university...

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Environment & Energy | Tuesday 1 January, 2019 5:34 am

Saudi Aramco becomes full owner of LANXESS specialty chemicals firm

SAUDI Aramco, a world-leading integrated energy and chemicals company; and LANXESS AG, a leading German specialty chemicals company, announced Monday the completion of Saudi Aramco’s acquisition of LANXESS’s interest in Arlanxeo Holding B.V., a Netherlands-based specialty chemicals...

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Tourism & Hospitality | Tuesday 1 January, 2019 3:31 am

Haramain Railway considering 30 daily trips by end of 2019

The Haramain high-speed trains transported more than 118,000 passengers through 310 trips since its launch on Oct. 11, Al-Eqtisadiah newspaper reported on Monday. The Haramain High Speed Railway currently operates eight daily trips between Makkah and Madinah via Jeddah and King Abdullah Economic ...

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Environment & Energy | Tuesday 1 January, 2019 2:00 am

RAK-based Pioneer Cement to Go Green, to Use Fuel from Waste for Production

Ras Al-Khaimah-based Pioneer Cement Industries, today said it has signed a landmark agreement with Emirates RDF that will lead to the use of fuel derived from household waste in its production plant.   In a statement, the company, which is a subsidiary of Oman’s largest cement...

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Business & Money | Tuesday 1 January, 2019 1:33 am

41 real state firms fined over rental contracts outside Ejar

Ejar, the real estate rental program under the Ministry of Housing, has slapped fines on 41 establishments for violating rental regulations. The fines were imposed after the authorities detected a number of residential contract registrations authorized outside the program. Other violations...

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Healthcare | Tuesday 1 January, 2019 1:29 am

King Salman approves steps to improve health care in KSA

King Salman on Monday approved a number of decisions taken by the Saudi Health Council including the establishment of the National Center for Evidence-based Health Practice to improve health care services in the Kingdom. The center will work to consolidate an evidence-based work culture in the...

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Tourism & Hospitality | Tuesday 1 January, 2019 1:16 am

UAE mesmerises the world with Emaar’s spectacular New Year’s Eve Gala 2019 in Downtown Dubai

 In a never-before-seen spectacle of fireworks and laser displays on the iconic Burj Khalifa and the performances of The Dubai Fountain, Emaar mesmerised the world with its New Year’s Eve Gala in Dubai to usher in 2019.   The event welcomed over a million revellers in Downtown ...

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Technology & IT | Tuesday 1 January, 2019 1:00 am

Samsung Electronics Expands Partnerships and Certification Centers, Building its HDR10+ Ecosystem

Samsung Electronics Co., Ltd. announced today its HDR10+ ecosystem expansion to 45 industry partners and the construction of a new certification center in China. The new partnerships with companies, from online streaming and content services to semiconductor industry, will bring more true-to-life...

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