Business & Money | Tuesday 6 January, 2015 8:54 am

Real estate prices fall by 23 percent in Riyadh

Real estate indicators released by the Ministry of Justice reveal that prices of residential real estate transactions in Riyadh fell by 23 percent during the month of November, as compared to the previous month. These transactions included 5,499 buildings valued at SR6.3 billion while the value of...

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Healthcare | Tuesday 6 January, 2015 8:50 am

Non-medical investors ‘not banned’ from sector, says minister

Minister of Health Mohammed Al-Hayazie has denied reports that non-medical citizens and expatriates are banned from investing in private health care facilities in the country.Al-Hayazie made the comments last Thursday following reports on social media websites that a ban is now in place on those...

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Government | Tuesday 6 January, 2015 8:46 am

King Abdullah ‘recovering from illness’

Crown Prince Salman, deputy premier and minister of defense, on Monday reassured the public about the health of Custodian of the Two Holy Mosques King Abdullah.Presiding over a Cabinet meeting in Riyadh, Prince Salman thanked local and international well-wishers for their concern about the king,...

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Business & Money | Tuesday 6 January, 2015 8:43 am

Cabinet lauds KSA’s economic policies

Crown Prince Salman, deputy premier and defense minister, on Monday, briefed the Cabinet on the message he received from President Tony Tan Keng Yam of Singapore, the results of his meeting with Palestinian Prime Minister Rami Al-Hamdallah, and his meeting with French Defense Minister Jean-Yves Le...

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Environment & Energy | Tuesday 6 January, 2015 12:09 am

Cold wave to lash KSA with snow, wind

A wave of bitterly cold weather accompanied by wind, sub-zero temperatures and snow is expected to hit the Kingdom on Wednesday and last until Sunday, the Presidency of Meteorology and Environmental Protection (PME) said on Monday.The extreme cold is forecast strike the north and northwest areas of ...

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Technology & IT | Tuesday 6 January, 2015 12:07 am

LG UNVEILS EXPANDED OLED TV LINEUP AT CES 2015

Following the debut of the world’s first 4K OLED TVs in 2014, LG Electronics (LG) is unveiling its expanded OLED TV lineup at the 2015 International CES®, which starts here tomorrow. With seven different new 4K OLED TVs — flexible, curved and flat models spanning 55 (54.6 inches diagonally),...

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Technology & IT | Tuesday 6 January, 2015 12:04 am

3M Safety Division Hosts Safety Day on Noise Monitoring and Communication Solutions

3M Personal Safety Division, the world’s leader in safety and protective equipment, has hosted a seminar in Dubai to shed light on 3M’s technology innovation in noise monitoring, personal safety and communication solutions.The event, which was mainly addressed to players in the oil and gas...

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Technology & IT | Monday 5 January, 2015 3:40 pm

EVOLUTION OF LG’S CURVED SMARTPHONE UNVEILED AT CES 2015

LG Electronics (LG) continues to push the industry boundaries with the unveiling of the new G Flex2 at the 2015 International CES® in Las Vegas. The original G Flex earned positive reviews for its innovative design and outside-the-box thinking. One year later, the G Flex2 improves upon its...

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Tourism & Hospitality | Monday 5 January, 2015 2:20 pm

W DOHA HOTEL & RESIDENCES ANNOUNCES THE DEBUT OF ITS OWN SNAPCHAT PORTAL

W Doha Hotel & Residences, the first luxury lifestyle hotel in Qatar, recently launched a SnapChat account to reach global travelers and the local community with engaging content. The hotel is not only the first business in Qatar to start communicating with followers via the App, but also the first ...

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Business & Money | Monday 5 January, 2015 12:58 pm

SIDRA CAPITAL OBTAINS PLANING PERMISSION FOR LONDON LUXURY RESIDENTIAL REDEVELOPMENT PROJECT

Sidra Capital a Saudi, CMA regulated, Shari’ah compliant financial services company has announced that its latest redevelopment project in Central London has secured planning permission from the Westminster City Council. Sidra Capital is acting as the strategic transaction advisor for this luxury ...

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