Business & Money | Wednesday 7 January, 2015 1:23 am

Prices of building materials drop by 20 percent, say experts

Prices of building materials have dropped by up to 20 percent, and are expected to decline further with a noticeable decrease in demand, Al Eqtesadiyah daily said, quoting experts.Analysing the trend, Raid Al-Aqaili, a former member of the contractors committee at the Jeddah Chamber of Commerce and ...

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Business & Money | Wednesday 7 January, 2015 1:09 am

Veeam Further Cements Its Position in Saudi Arabia Channel after a Successful 2014

Veeam® Software, the innovative provider of solutions that deliver Availability for the Modern Data Center™, is wrapping up its channel activities in 2014 on a high note with impressive third quarter results in the Middle East, including triple-digit percentage growth in the Kingdom of Saudi...

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Cars & Autos | Wednesday 7 January, 2015 12:03 am

Audi at 2015 CES – 900 kilometer piloted drive

A fourcore processor processing eight billion operations per second. A virtual tachometer with a needle that is rendered anew 60 times per second to ensure absolutely fluid motion. 3D sound to match a concert hall and appearing to come from every direction, an Audi tablet as a multimedia control ...

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Culture & Education | Tuesday 6 January, 2015 1:17 pm

A STEP AHEAD CAREER FAIR SUPPORTS WOMEN’S EMPOWERMENT AND MANAGEMENT POSITIONING OPPORTUNITIES IN SAUDI ARABIA

The 3rd Annual A Step Ahead Career Fair will be held in the three main cities of Riyadh, Dammam and Jeddah during the month of April 2015. Kicking off in Riyadh the 3rd Annual leading event dedicated to female employment and empowerment in the workforce is expected to witness participation of no...

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Healthcare | Tuesday 6 January, 2015 8:50 am

Non-medical investors ‘not banned’ from sector, says minister

Minister of Health Mohammed Al-Hayazie has denied reports that non-medical citizens and expatriates are banned from investing in private health care facilities in the country.Al-Hayazie made the comments last Thursday following reports on social media websites that a ban is now in place on those...

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Government | Tuesday 6 January, 2015 8:46 am

King Abdullah ‘recovering from illness’

Crown Prince Salman, deputy premier and minister of defense, on Monday reassured the public about the health of Custodian of the Two Holy Mosques King Abdullah.Presiding over a Cabinet meeting in Riyadh, Prince Salman thanked local and international well-wishers for their concern about the king,...

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Business & Money | Tuesday 6 January, 2015 8:43 am

Cabinet lauds KSA’s economic policies

Crown Prince Salman, deputy premier and defense minister, on Monday, briefed the Cabinet on the message he received from President Tony Tan Keng Yam of Singapore, the results of his meeting with Palestinian Prime Minister Rami Al-Hamdallah, and his meeting with French Defense Minister Jean-Yves Le...

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Business & Money | Monday 5 January, 2015 12:58 pm

SIDRA CAPITAL OBTAINS PLANING PERMISSION FOR LONDON LUXURY RESIDENTIAL REDEVELOPMENT PROJECT

Sidra Capital a Saudi, CMA regulated, Shari’ah compliant financial services company has announced that its latest redevelopment project in Central London has secured planning permission from the Westminster City Council. Sidra Capital is acting as the strategic transaction advisor for this luxury ...

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Environment & Energy | Monday 5 January, 2015 10:15 am

GE integrates solar energy with combined cycle for landmark power project of Saudi Electricity

Saudi Electricity Company (SEC) has selected its long-time partner GE (NYSE:GE) for a project that marks Saudi Arabia’s first integration of a solar field with a combined cycle plant and the first introduction of condensate as a gas turbine fuel. The landmark project, the ‘Green Duba’...

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Healthcare | Monday 5 January, 2015 1:00 am

Ministries resolve to fight MERS jointly

The Ministries of Health and Agriculture will strengthen their cooperation in fighting diseases transmitted from animals to humans.This was revealed following a visit on Thursday by Health Minister Mohammed Al-Hayazie, heading a delegation, to Agricultural Minister Waleed Al-Khereiji. Assistant...

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