Business & Money | Sunday 18 February, 2018 4:34 am

RCCI drive to help employ young Saudis in 12 sectors

The Riyadh Chamber of Commerce and Industry (RCCI) is preparing to launch a major campaign aimed at training and qualifying young Saudis of both sexes to work in jobs announced by the Ministry of Labor where there is a shortage of Saudis, Al-Watan newspaper reported. These include 12...

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Business & Money | Sunday 18 February, 2018 4:00 am

Dubai Investments appoints Al Mal Capital as Lead Manager of Emicool IPO

Dubai Investments PJSC [DFM: DIC], the leading diversified investment company listed on the Dubai Financial Market, has announced that its subsidiary Al Mal Capital PSC, a prominent financial institution, will be the lead manager for the Initial Public Offering [IPO] of its wholly-owned subsidiary...

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Business & Money | Sunday 18 February, 2018 2:23 am

Berlin tours for Saudi-German start-up competition winners

Two young Saudi entrepreneurs chosen as winners in the first German-Saudi start-up competition on March 22 will be awarded a four-day tour of Berlin to make a presentation of their companies and services. “The competition offers young entrepreneurs a platform to connect with industry...

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Business & Money | Sunday 18 February, 2018 2:10 am

Rotana Hotels Participates in Dubai Cares’ Walk for Education 2018 in support of the 'Year of Zayed'

Rotana one of the leading hotel management companies in the region with hotels across the Middle East, Africa and Turkey, took part in the 9th edition of ‘Walk for Education’ 2018 campaign organized and led by Dubai Cares, on 16th February in support of the ‘Year of...

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Business & Money | Saturday 17 February, 2018 9:50 am

Apprehensions edge away as VAT becomes the new normal norm

Value-Added Tax (VAT) has been the subject of discussions, debates, reviews and opinions in 2017. The anxiety and fear that surrounded this term was not just extraneous, but placed unnecessarily. But with the onset of 2018, life moved on! The UAE introduced a 5 per cent VAT starting January 2018 ...

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Business & Money | Friday 16 February, 2018 7:35 am

Real estate market conditions point to a new wave of attractive off-plan pricing deals

New reports on the Abu Dhabi and UAE real estate market have cited a swathe of developers introducing more attractive payment plans in light of current market conditions.   Research heavyweights JLL and Cluttons have both reported that 2018 will likely witness a new wave of attractive...

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Business & Money | Friday 16 February, 2018 4:16 am

KSA, Italy sign MoU to boost trade ties

The Council of Saudi Chambers of Commerce and Industry (CSCCI) and the Italian export credit agency SACE on Thursday signed a memorandum of understanding (MoU) on trade and investment cooperation, which is expected to support the Vision 2030 strategy. Alessandro Decio, SACE chief executive,...

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Business & Money | Friday 16 February, 2018 3:14 am

King Salman to patronize first humanitarian forum in Riyadh

The inaugural Riyadh International Humanitarian Forum, sponsored by the King Salman Humanitarian Aid and Relief Center (KSRelief), will be held under the patronage of King Salman on Feb. 26. Dr. Abdullah Al-Rabeeah, KSRelief general supervisor and adviser to the royal court, told a packed...

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Business & Money | Friday 16 February, 2018 1:52 am

Joseph Westphal Joins Korn Ferry as Senior Advisor to Global Industrial Market Practice

Korn Ferry (NYSE:KFY) today announced that former ambassador of the United States to the Kingdom of Saudi Arabia, Joseph W. Westphal, Ph.D., has joined the firm as a senior advisor to the Global Industrial Market practice.   Westphal served as the U.S. ambassador to Saudi Arabia from...

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Business & Money | Thursday 15 February, 2018 3:03 pm

NEZO launches new brand identity and aims to increase market share of retail salt in Middle East countries

NEZO, a leading retail salt brand of AkzoNobel Specialty Chemicals, has unveiled a new brand identity and further plans for growth in the Middle East. Khadija Nadi, Global Sales Manager for AkzoNobel Salt Specialties, says: “With 100 years of craftmanship and love for salt, NEZO gets a...

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