Business & Money | Wednesday 22 January, 2020 2:47 am

WEF chief lauds Saudi Arabia

Klaus Schwab, executive chairman of the World Economic Forum, commended Saudi Arabia as he welcomed business leaders and politicians to Davos 2020 in his opening address here on Tuesday. Lauding the Kingdom’s role in conservation, WEF executive chairman said: “I am delighted to see...

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Business & Money | Wednesday 22 January, 2020 1:52 am

Quality of Life program plans annual conference to develop strategic index

The Saudi Arabian Quality of Life Program will organize an annual conference to develop a strategic index accredited by the UN, according to its spokesman Mazrou Al-Mazrou. This news came in a meeting held at the King Abdul Aziz Public Library in Riyadh on Monday, during which Al-Mazrou...

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Business & Money | Tuesday 21 January, 2020 2:37 pm

Arqaam Capital places Saudi Re among preferred picks, and sets target price at SAR 11

Arqaam Capital maintained a “Buy” recommendation on Saudi Reinsurance Company “Saudi Re” (TASI:8200), placing the sole national reinsurer amongst its preferred picks in the Saudi insurance sector. It has also revised the target price higher to SAR 11 per share based on...

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Business & Money | Tuesday 21 January, 2020 3:17 am

Emirates NBD marks sustainability milestone with three LEED Gold certified branches in UAE

Emirates NBD, a leading banking group in the region, today announced that three of its branches in the UAE have been awarded LEED® Gold certification, making it the first bank in the MENA region to launch LEED Gold-certified branches. Emirates NBD’s branches in Arabian Centre, Umm ...

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Business & Money | Tuesday 21 January, 2020 3:03 am

Bayt.com Plans to Double Its Workforce Globally

Bayt.com, the largest job site in the region, just announced that it is expanding its global operations in the Middle East, North Africa, and North America. The job site is growing its on-the-ground teams and is hiring for many different internal positions in Technology, Business Development,...

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Business & Money | Tuesday 21 January, 2020 2:29 am

Saudi Arabia committed to “25 by 25” to reduce the gap in labor market

Reducing the gender gap in labor participation is a moral imperative as well as a key for growth and sustainable development, which is why G20 countries have committed to reduce the gap in women’s labor participation 25 percent by 2025. Speaking at a session called “Approaching...

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Business & Money | Monday 20 January, 2020 2:59 pm

International Maritime Industries Signs Two "New Build Rig Orders" With ARO Drilling

 International Maritime Industries (IMI) announced today they had signed two "Rig Purchase Agreement's" (RPA's) with ARO; a world-class offshore drilling contractor that owns, operates, and manages a fleet of high-specification and premium jack-up rigs in Saudi Arabia,...

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Business & Money | Monday 20 January, 2020 1:33 pm

Alshaya, Al Hokair, Jarir Investment, Chalhoub, Panda Retail, Danube & Bindawood To Speak At Retail Leaders Circle Mena 2020 Summit

His Excellency Dr. Majid bin Abdullah Al-Qasabi, Minister of Commerce and Investment, will deliver the opening keynote at the prestigious Retail Leaders Circle MENA 2020 Summit, taking place for the first time in Riyadh in February, an event on the side-line of the G20 Saudi presidency...

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Business & Money | Monday 20 January, 2020 1:24 pm

ADDED consolidates leadership through successful implementation of series of outstanding economic services and achievements

The Abu Dhabi Department of Economic Development (ADDED) continues to march ahead in its efforts towards achieving economic growth and prosperity in Abu Dhabi with a series of  economic and investment successes and achievements gained in 2019 -  from its position as an economic...

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Business & Money | Monday 20 January, 2020 4:36 am

Industry leaders to discuss the role of architecturally integrated façade in line with Saudi Building Code

Hydro Building Systems Middle East (manufacturers of TECHNAL®products in the Middle East), the market leader in the building systems sector, will host an industry discussion on January 22nd in Riyadh on the challenges of creating architecturally integrated façade in line with the...

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