Business & Money | Thursday 2 July, 2015 12:57 pm

Three quarters of GCC employers feel the education system doesn

According to EY’s report ‘How will the GCC close the skills gap?’, employers struggle to retain nationals due to high salary expectations; however, these employers rank young people’s lack of work experience (53%), communications skills (36%), and required skills and...

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Business & Money | Thursday 2 July, 2015 6:57 am

EXPRO ANNOUNCES FY15 ANNUAL RESULTS INCLUDING

International oilfield services company, Expro, posted its annual results for the fiscal year ending March 31, 2015. The company has posted headline revenue of $1.3bn, down 5.6%, and EBITDA, down 15.1% compared the fiscal year ending March 31, 2014. Despite a challenging global energy market,...

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Business & Money | Thursday 2 July, 2015 3:49 am

Prince Alwaleed pledges entire wealth to charity

Prince Alwaleed bin Talal, chairman of Kingdom Holdings, has announced that his entire $32 billion fortune would be donated to charity after his death. The prince told reporters at his offices in Riyadh on Wednesday that he would move his assets to the Alwaleed Philanthropic Foundation over the...

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Business & Money | Thursday 2 July, 2015 2:44 am

Plus X Awards 2015: Volkswagen wins 'Design Team of the Year' award

The Volkswagen brand was one of the big winners in this year's Plus X Awards, picking up no less than six accolades. A special award went to the brand's design team. In the official citation the judges said: "Over many decades, Volkswagen has developed a brand identity and has not lost ...

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Business & Money | Wednesday 1 July, 2015 3:12 pm

Qatar Rail Holds its Annual Ramadan Staff Iftar

In the spirit of the holy month, Qatar Railways Company (Qatar Rail) hosted the Ramadan annual Iftar for its valued staff and their families at the St Regis Hotel.  Qatar Rail’s gathering came as part of the many Ramadan initiatives launched by the company to celebrate the month of...

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Business & Money | Wednesday 1 July, 2015 1:21 pm

Al Rabie Company Organizes Annual Iftar Festival in Riyadh

Al-Rabie Saudi Foods Co. Ltd. has organized last Wednesday its annual Ramadan Iftar festival in the Intercontinental Hotel – Riyadh, in the presence of the company’s CEO Al-Sharif Munzer bin Tarad Al-Harthi and staff amid a Ramadan atmosphere filled with cordiality. The...

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Business & Money | Wednesday 1 July, 2015 1:12 pm

Dubai to Build World's First 3D Printed Office

Plans have been revealed today in Dubai for the world's first fully functional 3D printed building, an ambitious move that will establish the UAE's position as the global centre of technology in architecture construction and design. "This building will be a testimony to...

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Business & Money | Wednesday 1 July, 2015 12:57 pm

REDTAG Celebrates Middle Eastern Cooking & Home Styling Talent

REDTAG has recently launched a dedicated online Cookbook, ‘Cook with Love’, featuring Iftar recipes by six talented cooking and home styling bloggers from Saudi Arabia, Kuwait, Egypt, the UAE, Morocco, and Palestine.   Assia Othman, Dalia Shabana, Kulsum Kunwa, Nisreen M....

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Business & Money | Wednesday 1 July, 2015 6:05 am

Al-Haramain Train project first of its kind in Mideast

The Al-Haramain Train project is described as the largest public transportation project in the Middle East. This vital and strategic project is one of the implementation schemes of the mass expansion of the Saudi railway across the country. The project’s importance stems from many...

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Business & Money | Wednesday 1 July, 2015 5:29 am

Hempel launches the STRATA range of floor coatings for demanding specifications

Global coatings supplier Hempel announced today the launch of a new range of high-performance multi-layer flooring systems and coatings for concrete floors. Available in the Middle East, the Strata range delivers best-in-class abrasion resistance and mechanical strength for long-lasting protection...

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