Environment & Energy | Monday 2 February, 2015 12:39 am

ACWA Power – First Closing of Powervest Fund

International Company for Water & Power Projects (“ACWA Power”) announced the official first closing of the Powervest Fund (“the Fund”) with commitments of c. SAR 596 million (c. USD 159 million).The Fund is domiciled in the Kingdom of Saudi Arabia (“the Kingdom” /”KSA”) and set up ...

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Healthcare | Monday 2 February, 2015 12:14 am

effective treatment as well as early conversations with patients are important factors in management of Type 2 Diabetes

Type 2 Diabetes (T2D) is the most common form of diabetes often leading to chronic complications like cardiovascular disease, kidney disease, liver disease and nerve damage. Increasing incidence of diabetes is putting people at an increasing risk of developing these complications. As a result,...

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Business & Money | Monday 2 February, 2015 12:03 am

Jaguar Land Rover powerS UP new Ingenium engine family

Ingenium, the new family of premium diesel and petrol engines designed, engineered and manufactured by Jaguar Land Rover, delivers class-leading levels of torque, horsepower and refinement while reducing emissions and fuel consumption.The company today revealed more of the technical details of...

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Culture & Education | Sunday 1 February, 2015 3:21 pm

SABIC to hold drawing and photography competition to encourage eco-friendly behavior

SABIC will conduct an environmental competition for school students in three cities in the Kingdom to raise awareness among the community on the need for better management of natural resources and care for the environment.The competition is designed for boys and girls of select schools in Riyadh,...

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Business & Money | Sunday 1 February, 2015 3:12 pm

Reed Exhibitions appoints Nick Pilbeam as new Travel Divisional Director

Reed Exhibitions has appointed Nick Pilbeam to the position of Divisional Director – Travel.Newly appointed Pilbeam, who brings with him an enormous amount of growth strategy knowledge and industry insight, will head up the travel division of the world’s leading events organiser Reed...

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Business & Money | Sunday 1 February, 2015 2:31 pm

Manitou: unique, innovative material-handling solutions for aeronautical maintenance

Manitou will be on hand at the Aircraft Interiors and MRO Middle East tradeshow held in Dubai on February 2nd and 3rd, 2015 (at booth 618 in the Ubifrance Pavilion). The world leader in rough terrain material handling will use this tradeshow as an opportunity to showcase the extent of its range of ...

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Government | Sunday 1 February, 2015 9:31 am

Riyadh municipality plans to overhaul city markets

The Riyadh municipality has announced a plan to overhaul markets in the central business district and other areas, to create more jobs, attract investors and boost commerce.The plan includes the development of markets for fruit and vegetables; fish, meat and poultry; second hand goods; and...

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Business & Money | Sunday 1 February, 2015 9:25 am

Public Security, SASO in quality control tie-up

The General Directorate of Public Security and Saudi Standards and the Metrology and Quality Organization (SASO) have signed a agreement to activate strong cooperation between the two in the application of quality control and to boost services and upgrade their level of performance, local media...

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Government | Sunday 1 February, 2015 9:22 am

Royal orders promise continued development

Recent royal decrees issued by Custodian of the Two Holy Mosques King Salman confirm the state's development after it pumped young blood into the state's administration without overlooking competence, observers said.The orders have pumped SR110 billion into crucial service sectors, including a...

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Healthcare | Sunday 1 February, 2015 9:20 am

Saudi, expat infected with MERS

Two new cases of the deadly Middle East Respiratory Syndrome Coronavirus ((MERS-CoV) were recorded by the Ministry of Health late Friday. The Command and Control Center (CCC) at the ministry reported that an expatriate worker in Riyadh and a Saudi national in Hofuf had contracted the infection,...

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