Business & Money | Saturday 7 May, 2016 5:13 am

Top 5 ranking for Saudi e-government by 2030

Saudi Arabia is likely to be ranked among the five top countries in e-governance by 2030 because of the changes currently being put in place by the government. This is according to Ibrahim Al-Baez, former media professor at King Saud University, who said that the UN’s 2014 report on...

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Business & Money | Saturday 7 May, 2016 4:56 am

ACC Awarded Contract to Build 63-Storey Tower in Downtown Dubai

 UAE-based construction firm Arabian Construction Company (ACC) has been awarded a contract to build Boulevard Point, a prestigious 63-storey residential tower in Downtown Dubai. The new tower will be situated next to Fountain Views, for which ACC won the contract in 2014 and will be the...

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Business & Money | Friday 6 May, 2016 7:37 am

Souq.com opens Microsoft Online Store for Saudi and UAE customers

Souq.com, the Middle East’s largest online retail and marketplace platform today announced the launch of the Microsoft online store, providing consumers in the Saudi Arabia and UAE with an exclusive destination for the wide assortment of Microsoft’s ecosystem of products, ranging from...

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Business & Money | Friday 6 May, 2016 6:23 am

18 German companies exhibit at German Catalogue Show in Riyadh

Picture shows the ribbon cutting by Mr. Oliver Oehms, Delegate of German Industry and Commerce for Saudi Arabia, Bahrain and Yemen, Mr. Boris Ruge, Ambassador to the Kingdom of Saudi Arabia and Dr. Mohammed Al Kathiri, General Secretary of the Riyadh Chamber of Commerce and Industry...

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Business & Money | Friday 6 May, 2016 5:21 am

Riyadh Metro to create 23,000 jobs for citizens, says governor

Riyadh Gov. Prince Faisal bin Bandar said that the multi-billion-riyal Riyadh Metro will create 23,000 jobs for citizens during the construction and operation phases. The governor made the comments after signing a memorandum of understanding with the Ministry of Labor, following an inspection tour ...

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Business & Money | Friday 6 May, 2016 5:06 am

Kingdom allows Binladin Group to return to construction after layoffs: Report

Authorities have allowed construction giant Binladin Group to tender for public building projects in the Kingdom again, Al-Watan reported, just days after the firm reportedly laid off 77,000 workers. Al-Watan reported on Thursday that a royal decree passed this week granting tender permission...

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Business & Money | Friday 6 May, 2016 2:31 am

Effie Index Reveals Rankings of Most Effective Agencies and Brands

Effie Worldwide released the global results for the 2016 Effie Effectiveness Index—the foremost ranking in the marketing and advertising industry — listing the most effective marketers, brands, agency holding groups, agency networks, agency offices and independent agencies around the...

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Business & Money | Thursday 5 May, 2016 4:01 pm

Jaleel Distribution bags prestigious Dubai Quality Appreciation Award

Jaleel Distribution, a business unit of UAE-based investment company Jaleel Holdings, received the prestigious Dubai Quality Appreciation Award - 2015 in trade sector in the 22nd cycle of Business Excellence Awards, instituted by the Department of Economic Development (DED), Dubai. This award is in ...

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Business & Money | Thursday 5 May, 2016 1:58 pm

SaxoTraderGO Growth Exceeds Expectations One Year After Launch

Saxo Bank, the multi-asset trading and investment specialist announces that more than 55% of total revenue from private clients is generated from trades on SaxoTraderGO. Today, exactly a year after the launch of SaxoTraderGO, the platform is Saxo Bank’s most popular platform across all client ...

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Business & Money | Thursday 5 May, 2016 1:47 pm

Emirates NBD Chief Investment Officer Gary Dugan reveals Investment Outlook for 2016

Gary Dugan, Chief Investment Officer - Wealth Management at Emirates NBD KSA Private Banking clients in Riyadh on the investment outlook for the year ahead. Gary Dugan has recently been appointed to lead the CIO office within Emirates NBD Wealth Management, providing valuable guidance to...

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