Business & Money | Sunday 26 July, 2015 1:22 pm

Managing compliance risk remains top priority for organizations across the MENA

In keeping with international trends, managing Compliance Risk remains a high priority for organizations across the Middle East North Africa (MENA) region. While there has been progress in the fight against bribery and corruption in recent years, organizations in the region still lag behind in...

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Business & Money | Sunday 26 July, 2015 1:09 pm

KOMATSU Presents the Worldwide Leader Market Share Award to Galadari Brothers Group

Galadari Brothers Co. LLC (GBG) was recently awarded the Worldwide Highest Market Share Award by Komatsu. The group and its subsidiary Galadari Trucks and Heavy Equipment Co. Ltd. (GTHE) were honored for their leading numbers in market share which was the highest achieved in 2014 across the...

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Business & Money | Sunday 26 July, 2015 3:23 am

Egypt begins first trial run of ‘new Suez canal’

Egypt began Saturday the first trial run of its “new Suez canal,” officials and state media said, ahead of the formal inauguration of the new shipping route next month. Dubbed the Suez Canal Axis, the new 72-km project is aimed at speeding up traffic along the existing waterway by...

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Business & Money | Sunday 26 July, 2015 2:41 am

ZTE and Telcel Launch Blade V6 for Latin America at Campus Party

ZTE, a leading global mobile device maker, today at Campus Party launched the ZTE Blade V6 with carrier partner Telcel. The ZTE Blade V6 is the first ever mobile phone to launch at Campus Party, where it was revealed to ‘Campuseros’ (hackers, developers, gamers and geeks) at an...

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Business & Money | Sunday 26 July, 2015 12:50 am

THE 5TH ANNUAL MIDDLE EAST BANKING INNOVATION SUMMIT 2015

The global banking industry has witnessed a significant transformation. Consumers increasing dependency on smartphones and the advent of new technological innovations have created new opportunities for mobile banking and payments applications globally. With a large number of banks introducing pilot ...

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Business & Money | Sunday 26 July, 2015 12:05 am

TENNIS SHOWED ITS MOST CHARITABLE SIDE DURING THE CLASSIC TENNIS TOUR

Zenith was situated in a marquee on the central tennis court at the Barcelona Royal Polo Club, where they wholeheartedly lent their support to the Foundation established by former French footballer, Eric Abidal. The Swiss watch brand helped raise funds for the Eric Abidal Foundation and its ...

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Business & Money | Saturday 25 July, 2015 3:55 pm

Burlington Arcade – London The luxury of the "made in Margraf" tradition

The Burlington Arcade in London, a historic icon of the most exclusive shopping and Europe’s first commercial arcade, reopens its gates, in July, with a new guise by Margraf, ambassador for the best in design and technology "made in Italy" around the world. Nestled as a rare pearl...

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Business & Money | Saturday 25 July, 2015 6:50 am

Hundreds of jobs up for grabs under Taqat program

The Human Resources Development Fund (Hadaf) has said 850 jobs are available in various fields throughout the Kingdom under its Taqat program.  These include 112 positions in public administration, 100 in sales, 84 in operations, 43 in accounting, 6 in finance, 42 in human resources, 25 in...

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Business & Money | Friday 24 July, 2015 4:28 am

Train snag: 220 stranded for over 3 hours in noon heat

A total of 220 passengers were stranded in the scorching afternoon heat for over three hours on Wednesday following a malfunction in the engine and air-conditioning system of the Riyadh-Dammam train. The unexpected snag hit the train after it traveled 310 kilometers, prompting the authorities to...

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Business & Money | Friday 24 July, 2015 1:48 am

Uber Taps Its Global Payments Partner, Adyen, to Expand into Morocco

Adyen, a leading global payments technology company, today announced an expansion of its existing partnership with Uber – powering payments for the ride-hailing company’s users in Casablanca, Morocco. Uber, now live in 58 countries, teamed up with Adyen to enable local users in Morocco...

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