Government | Saturday 13 May, 2017 6:50 am

Labor arbitration center ready for launch: Ministry adviser

 A labor arbitration center is ready for launch to protect those in the labor market, Abdullah Al-Abdullatif, adviser to the justice minister, said Wednesday at the Development Dialogue Symposium in Riyadh. The Justice Ministry plans to establish a modern labor court as part of the National...

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Tourism & Hospitality | Saturday 13 May, 2017 6:14 am

Unprecedented growth in Saudi tourism sector: SCTH

The Saudi tourism and national heritage sector is witnessing unprecedented growth thanks to the support and care of King Salman, said Prince Sultan bin Salman bin Abdulaziz, president of the Saudi Commission for Tourism and National Heritage (SCTH). The king issued a directive to support the...

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Business & Money | Friday 12 May, 2017 12:02 pm

Emaar accomplishes engineering marvel with iconic Sky Bridge on Address Sky View in Downtown Dubai

Dubai now has a new architectural landmark: Emaar Properties today accomplished the challenging engineering feat of designing, constructing and lifting an iconic Sky Bridge that links the new Address Sky View hotel with the Address Residences Sky View in Downtown Dubai.   Rising at a...

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Business & Money | Friday 12 May, 2017 11:57 am

ETIHAD AVIATION GROUP IS A TRIPLE WINNER AT CIPS MIDDLE EAST AWARDS

The Procurement and Supply Management team at Etihad Aviation Group (EAG) were the overall winners at the Chartered Institute of Purchasing Supply (CIPS) Middle East Awards, winning three awards including the prestigious accolade of the ‘MENA Procurement and Supply Team of the...

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Business & Money | Friday 12 May, 2017 11:54 am

Bahri and Hyundai Heavy Industries Collaborate to Roll Out Big Data Initiatives

Bahri, a global leader in transportation and logistics, has signed a Memorandum of Understanding (MoU) with Hyundai Heavy Industries (HHI) Group to harness Big Data and technological innovation in the maritime industry. Hyundai Heavy Industries (HHI) Group is the world’s largest shipbuilding...

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Business & Money | Friday 12 May, 2017 11:46 am

KING ABDULLAH PORT CONFIRMS THE KINGDOM’S ROLE AS A GLOBAL LOGISTICS CENTER AT SEA ASIA 2017 IN SINGAPORE

  King Abdullah Port successfully concluded its participation in and sponsorship of Sea Asia 2017, the event’s sixth edition, which was recently held in Singapore as part of Singapore Maritime Week. Sea Asia 2017 was co-organized by Seatrade and the Singapore Maritime...

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Business & Money | Friday 12 May, 2017 11:39 am

GIB is Granted Approval to Become A Local Bank in Saudi Arabia

Gulf International Bank (GIB or the Bank) expresses its gratitude and appreciation to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, His Royal Highness Crown Prince, His Royal Highness the Deputy Crown Prince, and to the Government of Saudi Arabia for entrusting the...

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Business & Money | Friday 12 May, 2017 11:31 am

EMIRATI CHILDREN SPREAD THE JOY OF ‘HAQ AL LAILA’ AT ABU DHABI AIRPORT

  The Emirati children of Etihad Aviation Group (EAG) employees have been spreading the joy of Haq Al Laila, an Arabian Gulf Muslim festival, by giving the airline’s guests special ’Kharyta’ goodie bags, made from national dress material, as they depart its home base at...

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Business & Money | Friday 12 May, 2017 11:20 am

Budget deficit drops 71% in Q1

SAUDI ARABIA’S budget deficit fell by 71 percent in the first quarter of this year, Finance Minister Mohammed Al-Jadaan said on Thursday, after the Kingdom made sweeping spending cuts. The deficit dropped to SR26 billion ($6.93 billion) in the first three months while compared to the same...

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Business & Money | Friday 12 May, 2017 11:16 am

Completion of Jeddah Tower, world’s tallest building, delayed to 2019

The completion date for the world’s tallest tower has been pushed back to 2019, Prince Alwaleed bin Talal said Thursday, almost six years after launching the record-breaking project. Jeddah Tower is to rise more than a kilometer (almost 3,300 feet), placing it above Dubai’s Burj...

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