Business & Money | Sunday 13 December, 2015 9:36 am

Deloitte report outlines top 10 issues facing mining companies in 2016

Weak commodity prices, declining grades and a falloff in demand from China will continue global mining sectors’ downward cycle well into 2016. However, regulatory mandates, tax burdens and stakeholder expectations remain as high as ever. This is according to the Deloitte’s Mining...

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Business & Money | Sunday 13 December, 2015 3:56 am

SR9b spending in the Saudi furniture market

Atmosphere Company opened its first showroom in Riyadh located near King Abdullah Financial district. It is Specialized in high-end modern furniture and interior design services, Atmosphere flagship boutique’s grand opening was attended by businessmen, VIP’s, industry specialists and...

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Business & Money | Sunday 13 December, 2015 2:54 am

GOIC: WOQOD, Gold Sponsor of the 1st GMF

The Gulf Organization for Industrial Consulting (GOIC) announced that Qatar Fuel (WOQOD) is a Gold Sponsor of the First Gulf Metrology Forum and Exhibition held in collaboration with Qatar’s Ministry of Environment, the GCC Standardisation Organization (GSO) and GULFMET under the patronage of ...

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Business & Money | Sunday 13 December, 2015 2:54 am

Thousands vote on historic day

Hundreds of Saudi men and women streamed into polling booths on Saturday to cast their votes in the much-publicized municipal elections. There was a festive atmosphere in many districts as voting began at 8 a.m. What started as a trickle in the morning became a torrent after 1 p.m. By the time...

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Business & Money | Saturday 12 December, 2015 1:55 pm

KSA stands for dialogue

Vice Chairman of the Shoura Council Mohammad bin Amin Al-Jafri said that the Kingdom under Custodian of the Two Holy Mosques King Salman contributes to international peace and security and helps sustainable development of a number of developing countries. He said Saudi Arabia does not...

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Business & Money | Friday 11 December, 2015 2:15 pm

SES-9 Arrives at Cape Canaveral for Mid-January Launch

SES S.A. (NYSE Paris:SESG) (LuxX:SESG) announced today that SES-9 has safely arrived at Cape Canaveral, Florida, and is being processed for a mid-January 2016 launch on board SpaceX’s newly upgraded Falcon 9 rocket.  SES-9 will be positioned at 108.2 degrees East and provide both...

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Business & Money | Friday 11 December, 2015 5:54 am

Al Masah Capital Ltd reviews 11.9% CAGR for GCC Real Estate markets

Hinting at positive growth rates for the real estate markets in the GCC; Al Masah Capital Ltd, region’s leading investment firm published its report announcing a booming GCC economy at USD 1.65 trillion in 2014 as compared to USD 535.7 billion a decade ago. The reports were in comparison...

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Business & Money | Thursday 10 December, 2015 4:51 pm

Deloitte works with Greater Amman Municipality to improve internal management practices to deliver better services to residents of Amman

This week marks the completion of the CityPerform pilot project, a joint initiative by the Greater Amman Municipality (GAM) and Deloitte Consulting that is striving to bring data to internal city management decisions to improve service delivery. Amman was chosen as the pilot city for this...

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Business & Money | Thursday 10 December, 2015 3:24 am

Shoura panel moots hiring of maids via GCC offices

The Shoura Council’s committee for human resources management has proposed that Saudi Arabia starts recruiting domestic workers through recruitment offices in all six Gulf Cooperation Council (GCC) countries.  The committee had at a recent meeting adopted the recommendations of Shoura ...

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Business & Money | Thursday 10 December, 2015 3:20 am

Megaproject pipeline in Kingdom stands resilient

In the company of Prince Khaled bin Alwaleed and Mario Boffo, Italian Ambassador to Saudi Arabia, the first day of the Saudi Mega Projects Conference and Exhibition featured inspired keynote addresses outlining the strengths of the construction sector in Saudi Arabia, challenges that must be...

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