Business & Money | Sunday 31 January, 2016 10:25 pm

Arab Bank Group Profit before tax and provisions exceeds USD 1.1 billion in 2015

and 25% cash dividend distribution  Arab Bank reported net operating income at the end of 2015 of USD 1.1 billion and net income after tax and provisions of USD 442 million compared to USD 557 million in 2014 after having taken legal provisions of USD 349 million. This follows a settlement...

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Business & Money | Sunday 31 January, 2016 10:20 pm

MICHELIN STARS AND MUSIC ON THE MENU AT TASTE OF DUBAI

- Disco legends Boney M. featuring Liz Mitchell to headline the opening night of Dubai Food Festival’s signature closing event   - Jenny Morris and Reza Mahammad to launch exclusive pop-up restaurant at Taste of Dubai, alongside the event’s Michelin star chef line-up...

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Business & Money | Sunday 31 January, 2016 4:41 pm

Leo Burnett Beirut, 4th Most Creative Agency in the World according to the Big Won 2015

The Directory Big Won Ranking, the global creative annual report published in London every year at the end of January, sums up all the points that stem from all the creative awards won by advertising agencies in the 32 most important award shows and festivals around the world during the previous...

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Business & Money | Sunday 31 January, 2016 12:59 pm

UAE Exchange Reinforces Partnership with MDS ap as SAP Business Planning

 and Consolidation Solution Goes Live   The Software Solution provides UAE Exchange with advanced planning, forecasting and budgeting capabilities   News facts:   SAP BPC solution goes live at UAE Exchange allowing for automated consolidation...

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Business & Money | Sunday 31 January, 2016 12:35 pm

Sony Mobile Communications joins forces with The5

Hot on the trail of their previous success, “El Donia Shabab”, X-Factor’s finalists, THE5, have just released their new hit single “Bel Gharam”. The hit’s slick and irresistible music video features prominently Sony Mobile’s top of range Xperia Z5...

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Business & Money | Sunday 31 January, 2016 12:29 pm

Hamdan Heads GACA Board Meeting

The Board of Directors of the General Authority of Civil Aviation held a meeting in Jeddah on Thursday. With Authority President Sulaiman Al-Hamdan presiding, members of the board discussed a number of subjects and issues and made decisions, one of which was its approval of the financial...

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Business & Money | Sunday 31 January, 2016 9:48 am

Saudi real estate one of most attractive investment sectors

Based on the 2016 Saudi budget, real estate experts and investors in the Kingdom are anticipating in the coming period a remarkable revitalization of the real estate investment sector. During his speech, the Custodian of the Two Holy Mosques King Salman declared the government’s direction...

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Business & Money | Sunday 31 January, 2016 9:37 am

100% FDI in four sectors under study

Proposals to allow 100 percent foreign direct investment (FDI) in four sectors are being studied, Mohannad Hilal, secretary-general of Economic Cities Authority, has said. “This (study) is within the framework to encourage foreign investment and diversify the productive base and confront...

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Business & Money | Sunday 31 January, 2016 9:04 am

5-day career week starts today at KSU

A five-day career week starts today (Sunday) at King Saud University with 70 companies participating to offer job opportunities to applicants under the sponsorship of Custodian of Two Holy Mosques King Salman. ADVERTISING 3 “The number of participating companies this year is almost...

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Business & Money | Sunday 31 January, 2016 9:00 am

2.18 million Umrah visas issued

The Kingdom issued 2.182 million Umrah visas for pilgrims until Thursday. ADVERTISING   According to the Ministry of Haj, 1.8 million pilgrims have arrived and 500,000 more people with visas are still to come. They are expected to arrive in the coming days. Incoming pilgrims include...

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