Business & Money | Monday 16 October, 2017 5:07 am

Flow Launches its New Center in King Abdullah Economic City

Flow, a Progressive Logistics company, and part of Ghassan Ahmed Al Sulaiman Group, announced today the official launch of its new Omni-channel and e-commerce fulfillment center at King Abdullah Economic City (KAEC).   The development of the Logistics services sector is one of the key...

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Culture & Education | Monday 16 October, 2017 3:00 am

Al-Awwad: Effective media needed to counter challenges

Minister of Culture and Information Dr. Awwad Al-Awwad has underscored the need to further strengthen the role of the media in the Islamic world in confronting various challenges and threats, especially terrorism, Islamophobia and hate speech. “It is inevitable that our media give utmost ...

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Business & Money | Monday 16 October, 2017 2:51 am

280,000 housing units by year-end

The Ministry of Housing and the Real Estate Development Fund (REDF) on Sunday announced the details of the 9th phase of the Sakani (housing) program covering 30,569 housing units and financing operations. The ministry also signed 11 agreements with a number of real estate developers to carry...

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Business & Money | Sunday 15 October, 2017 5:03 am

IMF advises KSA to ease austerity measures

Saudi Finance Minister Mohammed Al-Jadaan revealed that the Kingdom may incrementally decrease its energy subsidies, and will take longer to achieve a balanced budget, since it is seeking to mitigate the impact of its drive to achieve public finance reform.   In an interview on...

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Sports | Sunday 15 October, 2017 2:05 am

Princess Rima to head sports federation in Saudi first

A princess has been named to head a Saudi multi-sports federation, in the latest of a string of such appointments in the Kingdom. An official, speaking on condition of anonymity, told AFP that Princess Rima bint Bandar bin Sultan has become “the first woman to lead a federation”...

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Environment & Energy | Sunday 15 October, 2017 1:38 am

Siemens honored by His Excellency, Khalid Al-Falih at Saudi Electricity Forum

Minister of Energy, Industry and Mineral Resources, Khalid Al-Falih, honored Siemens at the inauguration of the Saudi Electricity Forum 2017 in Riyadh as the Main Sponsor and an active contributor to localization of key technologies in the Kingdom.   Siemens displays its latest...

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Business & Money | Saturday 14 October, 2017 2:41 pm

No tax on Saudi investments in Abu Dhabi

The Abu Dhabi government has announced a package of incentives for Saudi investors including exemption from taxes, and that they will be treated as its citizens for all investment purposes. The announcement was made at the Saudi-UAE Business Forum held in Abu Dhabi on Wednesday. The forum held...

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Business & Money | Saturday 14 October, 2017 2:37 pm

‘Desert to Delta’ exhibition showcases Saudi contemporary art in Memphis

The “Desert to Delta” exhibition kicked off at the art museum of the University of Memphis, US, as part of the “Jusoor” or “Bridges” initiative launched by the King Abdul Aziz Center for World Culture. The initiative aims to empower young Saudi talents in...

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Environment & Energy | Saturday 14 October, 2017 2:23 am

Saudi Aramco considering ‘range of options’ for share sale

Saudi Aramco is considering a “range of options” for a listing on stock markets but has not ruled out the possibility of a private sale of shares to global institutions and sovereign wealth funds, it has emerged. One potential alternative to an immediate listing on global stock...

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Culture & Education | Friday 13 October, 2017 8:27 pm

KSU Wins Best Scientific Research Award at Int'l Conference in Dubai

King Saud University (KSU), represented by Prince Miteb bin Abdullah bin Abdulaziz Chair for Osteoporosis Research at the Department of Biochemistry of the Faculty of Science, has won the Best Scientific Research Award at the 5th Clinical Conference & American Association of Clinical...

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