Business & Money | Saturday 11 July, 2015 6:16 am

Nitaqat: MoL analyzing market needs

The Labor Ministry has announced that it is currently studying the needs of the market as part of its review of the delayed Nitaqat 3 proposals that would have raised Saudization requirements for companies in the country. Deputy Labor Minister Ahmad Al-Humaidan was quoted as saying in a local...

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Tourism & Hospitality | Saturday 11 July, 2015 5:20 am

60,000 additional seats for Umrah pilgrims

Saudi Arabian Airlines (Saudia) has added over 60,000 seats during the holy month of Ramadan on flights from domestic airports Kingdomwide to King Abdulaziz International Airport in Jeddah in order to accommodate domestic passengers wishing to perform Umrah.  Khaled Hammad Al-Bluwi,...

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Business & Money | Saturday 11 July, 2015 5:18 am

Property prices drop 30%

There has been a drop in property prices by up to 30 percent in some parts of the country, the Housing Ministry reported recently. From the start of the year until May, deals worth SR278 billion were finalized, down 14 percent from the same period last year, a local publication reported...

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Tourism & Hospitality | Saturday 11 July, 2015 5:15 am

‘Constant efforts’ behind Jeddah festival success

Continuous efforts to change events and activities to suit the taste of visitors has made the Jeddah Summer Festival an attraction for not only local visitors, but also international tourists since it was launched 17 years ago, Jeddah Gov. Prince Mishaal bin Majed has said. The prince, who is...

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Business & Money | Saturday 11 July, 2015 5:14 am

Kingdom issues SR15bn bonds

The Kingdom’s sale of bonds worth SR15 billion to local banks this year was welcomed by Riyadh-based economists on Friday as a strategic move that could reshape its financial markets. While a few state agencies or state-controlled firms have issued bonds in the past few years, the...

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Tourism & Hospitality | Saturday 11 July, 2015 5:11 am

ETIHAD AIRWAYS LAUNCHES COMMUNITY OUTREACH ACTIVITIES IN KENYA

Etihad Airways, the national airline of the United Arab Emirates, in collaboration with the National Bank of Abu Dhabi (NBAD), today launched two community outreach activities in Kenya with donations of blankets and school supplies to the Dream Children’s Home, and the Children in Freedom...

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Technology & IT | Saturday 11 July, 2015 3:08 am

Panduit Acquires IntraVUE® Network Diagnostic Software

Panduit Corp., a leading global provider of next-generation Industrial Automation Infrastructure solutions, announces it has completed the acquisition of IntraVUE by Network Vision Inc. This acquisition increases the Panduit Industrial Automation Infrastructure offering to its customer base with a...

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Technology & IT | Friday 10 July, 2015 1:04 pm

GSMA Mobile World Congress 2015 Certified as Carbon Neutral

The GSMA today announced that the 2015 Mobile World Congress has officially been certified as carbon neutral, reaffirming its position as the world’s largest carbon neutral conference and exhibition. BSI (British Standards Institution) has verified that the GSMA successfully completed the...

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Tourism & Hospitality | Friday 10 July, 2015 5:14 am

Comprehensive security plan in force in Riyadh

On a directive from Riyadh Gov. Prince Faisal bin Bandar, Riyadh police implemented a comprehensive field security plan in the capital during the last 10 days of the holy month of Ramadan. An official from Riyadh police said preparations and procedures come with the beginning of the last 10...

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Tourism & Hospitality | Friday 10 July, 2015 4:29 am

ETIHAD AIRWAYS PARTNER AIRLINES SELECT STARCOM AS NEW GLOBAL MEDIA AGENCY

Etihad Airways Partner (EAP) airlines Etihad Airways, Alitalia, airberlin and Jet Airways have announced that Starcom, part of Starcom MediaVest Group, has won the contract to become the airline group’s new global media agency, following a joint tender sent to several leading agency...

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