Business & Money | Thursday 21 January, 2016 7:18 am

New satellite to upgrade remote sensing capability

The International Conference on Remote Sensing concluded in Riyadh on Wednesday and the King Abdulaziz City for Science and Technology (KACST), which sponsored the event, announced plans to launch a new satellite in cooperation with China which will upgrade its remote sensing facilities and...

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Business & Money | Wednesday 20 January, 2016 3:25 pm

More efforts needed to improve investment/job opportunities for women, say GCF experts

The Saudi government’s recent drive to increase women’s participation in business and create more job opportunities for them has been successful, according to leading female figures. Speaking ahead of the ninth Global Competitiveness Forum (GCF), which will discuss the topic of...

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Business & Money | Wednesday 20 January, 2016 3:23 pm

Fortinet Recognizes Top 2015 Partners and Distributors at Global Partner Conference

Fortinet® (NASDAQ: FTNT) – the global leader in high-performance cybersecurity solutions, today announced the winners of this year's top partner awards. This year's award ceremony was held at the company's Global Partner Conference, which is currently taking place in Cancun,...

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Business & Money | Wednesday 20 January, 2016 2:47 pm

#HempelSaudicolours Announces Competition Winner

Hempel Paints Saudi Arabia successfully wrapped up its first ever online competition: ‘#HempelSaudiColours’.   Over 6,600 entries were submitted across Hempel’s social media channels and the campaign reached 13,000,000 users in Saudi Arabia. The one month competition...

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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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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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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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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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Business & Money | Wednesday 20 January, 2016 3:33 am

SteelFab – a reflection of the up-gradation of the Middle East industry

Given the low oil prices and the impact it could have on the manufacturing sector, upgrading and adopting innovative technology is the only way ahead for the region’s steel fabrication and metal working industry to sustain its growth, according to industry experts.   Assisting...

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