Business & Money | Wednesday 20 January, 2016 1:51 pm

“Binaa Wa Amal ” Recognized at the 5th Productive Families Forum

Prince Mishaal Bin Majed, Governor of Jeddah, honored "Binaa Wa Amal", a division of Construction Products Holding Company (CPC), for its social responsibility strategy to support and develop productive families and enhance their role to achieve balanced development in the...

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Business & Money | Wednesday 20 January, 2016 11:43 am

SWIFT’s KYC Registry surpasses 2,000 financial institutions

More than 2,000 financial institutions have signed up for The Know Your Customer (KYC) Registry, SWIFT’s centralised repository which maintains a standardised set of information about financial institutions required for KYC compliance.  The Registry provides a secure, cost-effective...

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Tourism & Hospitality | Wednesday 20 January, 2016 11:36 am

Etihad Airways Renews its Commitment to Abu Dhabi HSBC Champion Chip

Etihad Airways is proud to announce the renewal of its sponsorship with the Abu Dhabi HSBC Golf Championship for the next five years, 2016 to 2020.   The airline and Abu Dhabi Sports Council (ADSC) have signed an agreement to extend Etihad Airways’ long-standing partnership with...

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Business & Money | Wednesday 20 January, 2016 11:19 am

Henkel appoints Hans Van Bylen 
to succeed Kasper Rorsted as CEO

Henkel has announced today that CEO Kasper Rorsted, who has decided not to renew his current contract beyond 2017, will leave the company at his own request as of April 30, 2016. He served on the Henkel Management Board for 11 years, thereof 8 years as CEO. Effective May 1, 2016, Hans Van Bylen has ...

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Cars & Autos | Wednesday 20 January, 2016 10:56 am

Volkswagen Middle East gears up for regional debut of the smart SUV for the ‘urban jungle’

  New Tiguan Middle East debut at Qatar Motor Show 2016 Innovative technological features, off road capability and striking design make the new Tiguan the ideal ‘urban jungle’ SUV   The all-new Tiguan will make its Middle East debut at this year’s Qatar...

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Business & Money | Wednesday 20 January, 2016 5:56 am

Saudi Plastics & Petrochemical, Printing & Packaging Exhibition attracts industry decision-makers

THE thirteenth edition of the Saudi Exhibition for Plastics and Petrochemicals, Printing and Packaging was launched at the Riyadh International Exhibition Centre on Monday, gathering local and regional leading companies, decision-makers and governmental figures, thus constituting the largest...

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Tourism & Hospitality | Wednesday 20 January, 2016 5:50 am

Tourism among top priorities for creating jobs

The Ministry of Economy and Planning (MoEP) has prioritized tourism for economic diversification in the Kingdom considering it as a major source of revenue with capability of creating a large number of jobs. Ahmed bin Habeeb Salah, undersecretary at the MoEP, said: “Tourism sector will be...

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Business & Money | Wednesday 20 January, 2016 4:52 am

Expat workers welcome new labor e-services

Expatriates are happy with the recent launch of a number of worker-friendly services, which include an online labor legal consultation service and the easing of sponsorship transfer in case of salary delay for more than three months. Several workers, who were denied basic rights such as work...

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Environment & Energy | Wednesday 20 January, 2016 4:25 am

ACWA Power signs MoU with Silk Road Fund Co., Ltd.

ACWA Power announced today the signing of a Memorandum of Understanding (MoU) with China-based Silk Road Fund Co., Ltd. to explore joint investment and power project development opportunities in the UAE, Egypt and across the region. The framework agreement was signed at a ceremony in the Saudi...

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Tourism & Hospitality | Wednesday 20 January, 2016 3:39 am

ATM gives responsible tourism green light

Responsible tourism will headline several seminar theatre sessions at Arabian Travel Market (ATM) 2016 as government legislation, increased focus on the traveller footprint and the impact of natural disasters on country economies put the spotlight on the importance of effective sustainable travel...

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