Business & Money | Wednesday 23 December, 2015 4:29 am

Jeddah seeks to attract 1m shoppers

The Jeddah Chamber of Commerce and Industry (JCCI) plans to attract 1 million visitors to its shopping and entertainment festival, known as Hayya Jeddah, which takes place from Jan. 7 to Feb. 7. Adnan bin Hussein Mandoura, the secretary general of the JCCI, said recently the plan is to ensure...

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Business & Money | Wednesday 23 December, 2015 3:27 am

KSA strongly supports cooperative sector

The Kingdom strongly supports the cooperative sector and efforts are underway to strengthen it so as to serve the national economy in an effective way, Prince Saud bin Salman, the honorary president of the Saudi Cooperative Societies, has said. “It is well known internationally that the...

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Business & Money | Wednesday 23 December, 2015 2:37 am

Qatar Rail’s Doha Metro project wins three International Property Awards

Qatar Railways Company (Qatar Rail), the company overseeing the construction of Qatar's integrated railway network, was awarded “Best Arabian Architectural Design for Public Service’ and the ‘Best International Architectural Design for Public Service’ at a prestigious...

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Business & Money | Tuesday 22 December, 2015 2:59 pm

Alaquil: “Our sponsorship aims to enhance education and sustainable development”

In continuing its support to various local educational institutes, Construction Products Holding Company (CPC) represented by its division Binaa Wa Amal demonstrates once again its commitment to King Abdullah University of Science and Technology (KAUST) as a sponsor of 2016 Winter Enrichment...

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Business & Money | Tuesday 22 December, 2015 2:54 pm

Alissa Universal Motors Celebrates 30 Years of Leadership in the Commercial Vehicle Sector in the Kingdom of Saudi Arabia

Alissa Universal Motors, authorized dealer of Isuzu vehicles in Riyadh and member of the Abdullatif Alissa Holding Group, has celebrated its three decade journey of success in the Kingdom’s commercial vehicle sector. The grand celebration was attended by Eng. Abdul Mohsen Bin Abdullatif...

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Business & Money | Tuesday 22 December, 2015 2:18 pm

King Abdullah Economic City Inks SR27 Million Contract to Establish Industrial Valley Logistics Park

King Abdullah Economic City (KAEC) has signed a contract with Mikati Contracting Est. to build a unique Logistics Park located in Phase B1 of the Industrial Valley.  The SAR26.6 million facility, comprising prefabricated light-manufacturing and warehousing units, will be completed by the third ...

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Business & Money | Tuesday 22 December, 2015 2:15 pm

MASROUJI ACHIEVES YET ANOTHER SUCCESSFUL TWO QUARTERS

Masrouji Group – One of the prized distributers of reputed professional hair care brands across the Middle East have had a successful two quarter’s in the Mena region following their outstanding performance in the GCC region. The company has made further plans to expand, with the hopes...

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Business & Money | Tuesday 22 December, 2015 7:46 am

Pasquale Natuzzi receives the Italian Talent Award 2015

Pasquale Natuzzi, Chairman and CEO of Natuzzi Group, one of the world’s most highly sought after furniture brands among consumers of luxury goods, received the prominent Italian Talent Award 2015 for representing “Made in Italy” around world.   The committee selected...

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Business & Money | Tuesday 22 December, 2015 4:55 am

Brent crude oil skids to lowest since 2004

Brent crude prices fell to their lowest in more than 11 years on Monday, hounded by a relentless rise in global supply that looks set to outpace demand again next year. Oil production is running close to record highs and, with fresh barrels poised to enter the market from the likes of Iran, the...

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Business & Money | Tuesday 22 December, 2015 3:19 am

King Abdullah II Inaugurates the First and Largest Utility Scale Wind Power Plant in the Kingdom

The first and largest utility scale wind power plant in Jordan and the Middle East, The Tafila Wind Farm, was inaugurated on Thursday under the patronage of His Majesty King Abdullah II. The 117-megawatt wind farm is directly connected to the national grid and will produce...

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