Business & Money | Wednesday 25 February, 2015 12:57 am

The Big 5 Saudi To Present the First Ladies Only LEED Workshop

The Big 5 Saudi – International Building and Construction Show has announced the first ladies only LEED workshop during this year’s event. The full day workshop, LEED for ladies v4 objectives and strategies, will take place on Wednesday 11th March from 9:00am until 6:15pm at the Holiday Inn...

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Business & Money | Wednesday 25 February, 2015 12:47 am

Serco consortium wins $185m Saudi rail contract

A consortium led by Serco Group has signed a contract with the Saudi Railway Company to provide management and technical support for its operations on the North South Railway (NSR).The deal, worth around 120 million pounds ($185 million) to Serco over five years, is the firm’s first major rail...

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Business & Money | Wednesday 25 February, 2015 12:40 am

Al Rabie Participates in “Gulfood 2015” Food Industry Exhibition

Al Rabie Saudi Foods Company Ltd. has participated in the “Gulfood 2015” exhibition in its 20th round. Gulfood is the world’s biggest annual food, beverage and hospitality show, which activities concluded recently in Dubai World Trade Center. The exhibition took place in an expansive one...

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Business & Money | Wednesday 25 February, 2015 12:36 am

Airbus Defence and Space aerial targets support missile qualification

Airbus Defence and Space Direct Aerial Targets have played a key role in the qualification of the full performance of a surface-to-air missile (SAM) system being developed as part of the German Air and Missile Defence System.During the trials conducted for the German Government end of January at...

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Business & Money | Wednesday 25 February, 2015 12:16 am

ALKHABEER ANNOUNCES 5% OF SHARE PAR VALUE TO SHAREHOLDERS

Alkhabeer Capital, a leading asset management and investment firm in Saudi Arabia, announced today that its Board of Directors approved the audited financial statement of 2014 and made a recommendation to the General Assembly to distribute cash dividends of SR 40.7 million to its shareholders for...

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Business & Money | Tuesday 24 February, 2015 6:01 pm

‘Reverse Auctions Can Boost Low-Emission Technologies’ Says Expert

Speaking ahead of the Solar Middle East Conference, which takes place on 3 March at Solar Middle East, Cameron Kelly, Legal Counsel for the New Port Project, says that reverse auctions mechanisms can help governments deliver competitively priced electricity, as well as secure long term financial...

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Business & Money | Tuesday 24 February, 2015 3:40 pm

The Kingdom Smart Cities and Smart Provinces Summit to kick off tomorrow in Riyadh

We are one day away from discussing a detailed research initiative by Nispana Innovative Platforms Pvt. Ltd. The governments supportive and tireless efforts in bringing the best of innovation to the Kingdom of Saudi Arabia’s infrastructure while recognizing the need for development in terms of...

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Business & Money | Tuesday 24 February, 2015 8:36 am

Recruitment of female domestic workers cost more than males

Female domestic workers registered the highest recruiting costs on the Ministry of Labor’s Musaned web page, with an increase of more than ten times the costs to recruit men in other professions, according to the latest data posted on the website.Costs to recruit a Vietnamese female worker stood...

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Business & Money | Tuesday 24 February, 2015 8:33 am

GCC to link traffic and business systems

The six members of the Gulf Cooperation Council (GCC) plan to link part of their traffic, business and customs systems in March to provide easier coordination and data exchange.The GCC e-government ministerial committee will formally launch its joint portal at its meeting next month. This was...

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Business & Money | Tuesday 24 February, 2015 8:28 am

New ‘fairer’ Saudization rules come into force

The Ministry of Labor has begun implementing its new Saudization monitoring rules that consider a citizen part of a company immediately and not after 13 weeks, which is aimed at protecting both parties.The new regulations came into force on Feb. 22. In addition, Nitaqat calculations would now be...

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