Business & Money | Saturday 19 December, 2015 12:21 pm

Aramco announces three new veeps

The Board of Directors of the Saudi Arabian Oil Company (Saudi Aramco) has made the following appointments, effective Jan. 1, 2016: Mohammed Y. Al Qahtani, senior vice president, upstream; Ahmad A. Al Sa’adi, senior vice president, technical services; and, Muhammad M. Al Saggaf, senior vice...

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Tourism & Hospitality | Saturday 19 December, 2015 12:18 pm

Al-Kharj landmarks impress retired officers

In a date with history, the Saudi Commission for Tourism and National Heritage (SCTNH) recently organized a tour for retired military officers to Al-Kharj heritage landmarks and its surrounding areas. The ex-officers’ delegation was headed by Lt. Gen. Abdul Aziz bin Mohammad Al-Hindi,...

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Business & Money | Saturday 19 December, 2015 12:14 pm

Low oil prices won’t hit assistance to Egypt

 Saudi Ambassador to Egypt Ahmad Al-Qattan said Thursday that low oil prices will not prevent the Kingdom from supporting the Egyptian economy. He said the Saudi support would help ease an acute dollar shortage and reduce pressure on the Egyptian government's budget. "The...

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Business & Money | Saturday 19 December, 2015 12:12 pm

Riyadh Metro 26% complete

Seventy-four percent of the main stations of Riyadh Metro are complete. Riyadh Gov. Prince Faisal bin Bander said that the difficult stages in the project have been overcome and work done can now be seen on the surface. He was speaking 30 meters below ground during a fact-finding visit to the...

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Tourism & Hospitality | Saturday 19 December, 2015 4:20 am

Etihad Airways Annouced as Official Global Airline Partner Of Laides European Tour

Etihad Airways, the national airline of the United Arab Emirates, has announced that it will become the Official Airline of the Ladies European Tour (LET) in 2016, Europe’s leading women’s professional golf tour.   The LET was originally formed as the WPGA in 1978 and over...

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Technology & IT | Saturday 19 December, 2015 1:15 am

GSMA Welcomes Mobile Industry Agreement on Technology Standards for Global Low Power Wide Area Market

The GSMA today announced that the mobile industry has agreed on technology standards for the emerging Low Power Wide Area (LPWA) market and these standards have been accepted by 3GPP. Industry alignment over common standards for Narrow Band IoT (NB-IoT), Extended Coverage GPRS (EC-GPRS) and LTE...

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Tourism & Hospitality | Saturday 19 December, 2015 1:09 am

Experience the German diversity at Janadriyah

Germany will be the guest of honor at the next Janadriyah festival. The 19-day festival at Al-Janadriyah heritage village, on the outskirts of Riyadh, starts Feb. 3, 2016 stated that “It is a great honor for Germany to have been chosen as the guest country for the upcoming 30th edition of...

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Business & Money | Saturday 19 December, 2015 12:29 am

Deloitte: Growth potential for Islamic Sukuk financing in Europe

The gap between the spending needs of developing countries and the pressure on financial institutions to carefully monitor their credit exposure in order to optimize their capital management driven by regulatory constraints on solvency, is creating opportunities for more diversified products of...

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Business & Money | Friday 18 December, 2015 5:16 am

Amana Capital Announces the Addition of Variable Spreads to Its Trading Products

Amana Capital, the leading Middle Eastern financial services group specialized in online trading and consultancy services, announced today the addition of Variable Spreads to the group's trading products on the MetaTrader 4 Platform.     ...

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Government | Friday 18 December, 2015 4:48 am

King’s just stance earned him global respect

Prince Sultan bin Salman, president of the Saudi Commission for Tourism and National Heritage (SCTNH), has underscored the leading role of Saudi Arabia and its strong presence globally through its just political stances. In a press statement at the end of the 18th meeting of the Arab Tourism...

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