Environment & Energy | Sunday 3 January, 2016 11:02 am

Wind and solar power soar in spite of bargain prices for fossil fuels

Wind and solar power appear set for a record-breaking year in 2016 as a clean-energy construction boom gains momentum in spite of a global glut of cheap fossil fuels. Installations of wind turbines and solar panels soared in 2015 as utility companies went on a worldwide building binge, taking...

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Business & Money | Sunday 3 January, 2016 10:59 am

Oil prices could hit record lows in 2016: BP chief

Struggling oil producers could suffer even more pain in 2016 with further plunges in already record-low prices, has BP Chief Executive Bob Dudley warned. “A low point could be in the first quarter,” Dudley told BBC radio. Oil prices fell by 34 percent in 2015, battered by prolonged...

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Healthcare | Sunday 3 January, 2016 10:56 am

First dialysis center opens in Madinah

 After many years of waiting, more than 1,000 kidney failure patients in Madinah have realized their dream of having a dialysis center matching global standards in their city. The dialysis center, set up through a national program that facilitates for kidney patients treatment inside the...

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Business & Money | Sunday 3 January, 2016 10:55 am

Maaden begins initial production at Barrick copper JV

Saudi Arabian Mining Co. (Maaden) has began initial production of copper at its joint venture affiliate with Canada’s Barrick Gold Corp, the Gulf’s largest miner said in a bourse statement. Maaden Barrick Copper Co, owned equally by the pair, will have an estimated annual production...

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Tourism & Hospitality | Sunday 3 January, 2016 10:51 am

New tourism laws from Ramadan

 The Saudi Commission for Tourism and National Heritage (SCTNH) and the tourism committee of the Riyadh Chamber of Commerce and Industry (RCCI) organized a workshop on new regulations on monuments, museums and urban heritage to educate public and private partners, investors and...

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Government | Sunday 3 January, 2016 9:48 am

Starting from today… The real estate valuation profession is only for Taqeem members

The resolution of the Saudi Authority for Accredited Valuers (Taqeem) will enter into force starting from 1/1/2016, which decrees the necessity of getting the Authority's temporary membership for the real estate people who have the right to practice the profession, no later than the end of the...

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Technology & IT | Sunday 3 January, 2016 4:22 am

Samsung Launches Galaxy A (2016) with Premium Design and Improved Features globally

Samsung Electronics Co., Ltd announced globally its latest Galaxy A smartphones that offer premium design, easy mobile payment technology, and enhanced camera features. The Galaxy A (2016) incorporates Samsung’s latest in innovative design and technology, giving consumers the ability to...

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Business & Money | Saturday 2 January, 2016 10:01 am

KSA vows more talks with OPEC partners

Saudi Arabia is committed to oil market stability and would continue consulting with its partners in the Organization of Petroleum Exporting Countries (OPEC), including Algeria, on production levels, said Foreign Minister Adel Al-Jubeir. Al-Jubeir made the comments at a joint press conference...

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Business & Money | Saturday 2 January, 2016 9:38 am

Gold loses luster in worst slump since 1984

Gold’s image as a haven asset has taken a battering with the metal capping its longest slump in more than 30 years as investors sold from bullion-backed funds. Bullion futures fell for a sixth-straight quarter, the longest slump since 1984, and lost 10 percent this year.  Prices, which ...

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Business & Money | Saturday 2 January, 2016 9:35 am

Over 33,000 pupils enter Saudi talent contest

A total of 33,000 young Saudi students have entered the annual government-sponsored science and mathematics contest. Adel Abdulrahman Al-Qaeed, deputy secretary-general of King Abdulaziz and His Companions Foundation for Giftedness and Creativity (Mawhiba), said Wednesday the closing date is Jan....

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