Business & Money | Wednesday 2 September, 2015 12:09 pm

First Homes in Dubai South to be Ready within Six Months

Luxury real estate developer DAMAC Properties is to deliver the first homes within the Dubai’s flagship project, Dubai South, within the next six months.   The 145 sq km city, which includes the Al Maktoum International Airport and the site for the World Expo 2020, has...

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Business & Money | Wednesday 2 September, 2015 8:29 am

JADWA Investment - Saudi Chartbook Sep 2015

Economic activity recorded a seasonal slowdown in July, in line with the usual pattern around the Eid al-Fitr holidays. The net withdrawals from government accounts with SAMA fell to its lowest point in ten months with all three main government accounts recording small net monthly changes. This led ...

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Business & Money | Wednesday 2 September, 2015 6:12 am

The First Group Names ‘Arabian Jewel’, Saudi Footballer Majed Abdullah, As Its Newest Ambassador

Saudi Arabian football legend Majed Abdullah is the latest international sports star to endorse leading Dubai-based property developer, The First Group. The much-loved former striker for Saudi Arabia and Riyadh’s Al Nassr FC, who was affectionately known as the ‘Arabian Jewel’...

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Business & Money | Wednesday 2 September, 2015 4:49 am

Kingdom, Japan mark 60 years of fruitful ties

Saudi Arabia and Japan are this year marking their 60th anniversary, with growing cultural and business relations. Consul General Matahiro Yamaguchi met recently with Arab News Editor in Chief Mohammed Fahad Al-Harthi at the newspaper’s offices and said that interaction between the two...

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Healthcare | Wednesday 2 September, 2015 4:23 am

GCC Healthcare IT Spending Set to Top USD 550 Million in 2015

With GCC healthcare IT spending set to top USD 550 million in 2015, healthcare providers must anticipate the next wave of healthcare technology to enhance patient care and reduce costs, industry experts announced today in the build-up to GITEX Technology Week 2015.   Healthcare IT...

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Business & Money | Wednesday 2 September, 2015 3:51 am

Foundation for African pilgrims to open 5,000 jobs during Haj

The Foundation of Pilgrim Guides for Non-Arab African Countries plans to create 5,000 seasonal jobs during this year’s Haj, said Minister of Haj Bandar Hajjar on Tuesday. Hajjar said the foundation adopted an operational plan to provide quality services for pilgrims, to cater for 165,000 ...

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Business & Money | Wednesday 2 September, 2015 2:55 am

SEC, STC and NWC blamed for damaging roads in Jeddah

Additional work on the roads in Jeddah carried out by contractors of Saudi Electricity Company (SEC),National Water Company (NWC) and Saudi Telecom Company (STC), is damaging the city’s transport infrastructure, a Jeddah Municipality study has said.  The study, carried out by an...

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Business & Money | Wednesday 2 September, 2015 2:50 am

Poll financing disclosure mandatory

The Ministry of Municipal and Rural Affairs has announced new legislation for the Dec. 12 elections, including fines and imprisonment for failure to disclose candidate financing, obstructing procedures or officials, and fraudulent activity. Violators face one year in jail and fines up to SR50,000...

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Culture & Education | Wednesday 2 September, 2015 2:47 am

Riyadh schools a no-entry zone for corona

The Directorate of Education in Riyadh is keeping a close watch on schools, such as sanctioning health material and monitoring the health of staff and students, to prevent the spread of the MERS coronavirus among students.  As a step in this direction, the directorate recently asked a teacher ...

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Tourism & Hospitality | Tuesday 1 September, 2015 3:29 pm

AL MARWA RAYHAAN BY ROTANA IN MAKKAH BOLSTERS ITS EFFORTS TO BRING SAUDIS TO THE HOSPITALITY INDUSTRY

Al Marwa Rayhaan by Rotana in Makkah has stepped up its Saudization efforts through its “Duroob” program, the chain’s programme designed to increase the rate of Saudization at the hotel.  Al Marwa Rayhaan by Rotana, which overlooks the Grand Mosque in Makkah and has direct ...

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