Tourism & Hospitality | Tuesday 20 September, 2016 2:30 am

Management agreement signed to open The Ritz-Carlton, Sharm El Sheikh

Yesterday at a signing ceremony and event in Cairo, Latif Group of Companies signed a management agreement to bring The Ritz-Carlton, Sharm el-Sheikh Resort to the Sinai Peninsula. Leading the ceremony was Nasser Abel Latif, Founder & Chairman, Latif Group of Companies and Alex Kyriakidis,...

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Environment & Energy | Tuesday 20 September, 2016 2:13 am

GE brings groundbreaking new Silicon Carbide technology to strengthen efficiency of region’s solar industry

GE (NYSE: GE) has unveiled its groundbreaking new Silicon Carbide technology that will strengthen the efficiency of the region’s solar energy production. This follows the introduction by GE of 1,500 volt inverters that are poised to take a strong share of the utility scale market, and...

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Business & Money | Monday 19 September, 2016 2:31 pm

Huawei Signs MoU with Royal Commission for Jubail and Yanbu for Smart Cities

On the sidelines of HRH Deputy Crown Prince Mohammad Bin Salman visit to China, Huawei Tech. Investment Saudi Arabia Co. LTD signed a Memorandum of Understanding with the Royal Commission for Jubail and Yanbu. This agreement aims to support the Saudi Vision 2030 roadmap of transforming the Kingdom...

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Business & Money | Monday 19 September, 2016 2:51 am

Gillette Announces Global Partnership With Futbol Club Barcelona

Gillette® (NYSE: PG), the world’s leading male grooming brand, has presented a global partnership with Futbol Club Barcelona (FCB).  With the shared belief that there are no shortcuts to anywhere worth going, the new relationship solidifies their shared commitment to helping groom...

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Business & Money | Monday 19 September, 2016 12:54 am

Saudi stocks slide on first day after Eid

Saudi stocks were lower after the close on Sunday, as losses in the Transport, Industrial Investment and Telecoms & IT sectors led shares lower. The stock benchmark Tadawul All Share declined 1.89% or 6,060.07 in value. The best performers of the session on the Tadawul All Share were Malath ...

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Government | Monday 19 September, 2016 12:48 am

Crown Prince Mohammed leaves for New York

Crown Prince Mohammed bin Naif left Jeddah Sunday for New York to head the Kingdom's delegation at the 71st annual session of the United Nations General Assembly. He was seen off at King Abdulaziz International Airport by Makkah Gov. Prince Khalid Al-Faisal bin Abdulaziz, adviser to the...

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Business & Money | Sunday 18 September, 2016 8:10 am

SRCA aircraft set two new world records

The Saudi Red Crescent Authority (SRCA) aircraft have set two new world records in responding quickly to incidents and emergencies. Services provided by SRCA aircraft are not limited to air surveillance and response to incidents, but include speedy airlifting of patients in critical cases to...

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Government | Sunday 18 September, 2016 7:56 am

Serving the Two Holy Mosques, pilgrims a great honor: King

Custodian of the Two Holy Mosques King Salman reiterated that Saudi Arabia has been deeply honored by serving the Two Holy Mosques, pilgrims and visitors. “The Kingdom has mobilized all its potential and human and financial resources for the service of the Two Holy Mosques and...

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Government | Sunday 18 September, 2016 7:49 am

Crown prince to highlight Saudi viewpoint at UN

Crown Prince Mohammed bin Naif is leaving for New York today as head of the Saudi delegation to the 71st session of the UN General Assembly. The crown prince will address the UN General Assembly, which brings together some 135 heads of state and government in addition to dozens of...

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Tourism & Hospitality | Saturday 17 September, 2016 2:12 pm

Nesma domestic flights by November

Nesma Airlines is expected to launch domestic flights in the Kingdom in November. The Saudi-owned, Egypt-based airline presently operates flights between the two countries with three Airbus A320s and one A319. Its domestic Saudi operation will connect the northern city of Hail with 12 points around ...

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