Business & Money | Friday 1 January, 2016 3:31 am

GE, Aramco plan to set up National Power Academy

General Electric (GE) successfully ended 2015 with the signing of a memorandum of understanding (MoU) with Saudi Aramco to establish the National Power Academy (NPA). Speaking to Saudi Gazette, Hisham Al-Bahkali, president and chief executive officer of GE Saudi Arabia & Bahrain, spoke about ...

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Business & Money | Friday 1 January, 2016 3:25 am

Bangladesh to send more maids upon KSA request

On a request made by the Saudi government, Bangladesh will increase the number of housemaids coming to the Kingdom from Dhaka. The announcement of the new development was made on Thursday following the bilateral talks held here between Minister of Labor Mufarrej bin Saad Al-Haqbani and visiting...

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Business & Money | Thursday 31 December, 2015 1:13 pm

SEDCO Holding Group Wins the 8th Best Workplace in the Kingdom

SEDCO Holding Group has achieved another milestone by occupying the 8th Best place to work by ‘Great Place to Work’ in Saudi Arabia in 2015, having ranked 11th best place in the past year 2014. SEDCO Holding Group has achieved this ranking based on data derived from a comprehensive...

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Business & Money | Thursday 31 December, 2015 3:52 am

Shapoorji Pallonji Co. appointed to build Marriott Hotel in Riyadh Diplomatic Quarter worth 259 million Riyals

Dur Hospitality Company appointed Shapoorji Pallonji engineering and construction to build Diplomatic Quarter Riyadh Marriott Hotel and Executive apartments. This Project, considered as an important and promising investment opportunity for “Dur” in terms of geographical location and...

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Environment & Energy | Thursday 31 December, 2015 3:04 am

Saudi Arabia Won’t Change Oil Production Policy

Saudi Arabian Oil Minister Ali Al-Naimi said the kingdom, the world’s top crude exporter, does not limit its output and has the capacity to meet additional demand, the Wall Street Journal reported on Wednesday. “We will satisfy the demand of our customers. We no longer limit...

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Technology & IT | Wednesday 30 December, 2015 3:02 pm

Mobily Holds Competency Development Trainings for (Mobily Business) employees Across the Kingdom

Etihad Etisalat Mobily held the third training session of Mobily ‘Big Gathering’ as part of the overall Mobily program for training and development titled G.O.A.L. The training, directed towards the customer service staff is meant to enhance leadership competencies of the staff....

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Business & Money | Wednesday 30 December, 2015 12:46 pm

RAFAL Residence the modern vertical residential destination in the Kingdom

RAFAL real estate development company, the premier residential community innovator, has announced the initiation of the selling process of its new community "RAFAL Residence", after concluding construction works and finalizing 80% of the finishing works. This announcement came after...

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Business & Money | Wednesday 30 December, 2015 3:01 am

‘KHC concludes 2015 with substantial achievements’

Prince Alwaleed Bin Talal Bin Alsaud, Chairman of Kingdom Holding Company (KHC), held a board meeting at the company’s HQ in Riyadh to oversee KHC’s performance in 2015, approve 2016 budget and operation strategy. Furthermore, the meeting outlined and fortified KHC’s diversified...

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Business & Money | Wednesday 30 December, 2015 2:58 am

Kingdom committed to social welfare schemes

Social Affairs Minister Majed Al-Qassabi has briefed the Shoura Council members on his ministry’s plans and programs aimed to boost services provided to different categories in the community. Addressing the 6th session of the Shoura Council here on Tuesday, the minister said he wanted to...

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Business & Money | Wednesday 30 December, 2015 2:57 am

Budget 2016: Business leaders laud vision for sustainable development

A wide cross-section of Saudi society including ministers, businesspeople, academics and government officials have welcomed the country’s realistic and developmental budget for the new year in the face of tough regional and global challenges. Custodian of the Two Holy Mosques King Salman...

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