Environment & Energy | Monday 11 January, 2016 11:27 am

Saudi Arabia Reaffirms Commitment to Sustainably Meeting Country’s Surging Water Demand

The Kingdom of Saudi Arabia (KSA), the world’s largest desalination producer of water, has reaffirmed its commitment to meeting the country’s surging demand for the precious resource ahead of the upcoming International Water Summit (IWS).   The landmark event for the...

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Business & Money | Monday 11 January, 2016 11:14 am

Emirates NBD Dubai Real Estate Tracker™

This press release contains the latest release of data collected from a survey of the Dubai real estate sector, sponsored by Emirates NBD and produced by Markit. Real estate agents indicated a subdued end to 2015 for the Dubai property market, with the majority of survey respondents noting...

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Tourism & Hospitality | Monday 11 January, 2016 11:05 am

Avantcha extends delivery option to luxury tea fans across the Gulf and Levant

Dubai headquartered luxury tea purveyor, Avantcha has extended its regional reach with its collection of 130 hand-selected blends now available for delivery to key locations across the Gulf and Levant. As well as the UAE, fans of the brand’s luxury teas in Bahrain, Egypt, Jordan, Kuwait,...

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Healthcare | Monday 11 January, 2016 11:02 am

MoH steps up its e-health services

The Ministry of Health (MoH) has entered into a strategic partnership with a private company to improve its electronic health services in the Kingdom. The agreement was reached in the presence of Health Minister Khalid Al-Falih and Elm CEO Abdulrahman bin Saad Aljdaa at the MoH headquarters in...

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Business & Money | Monday 11 January, 2016 10:58 am

Project Qatar Will Be Back to The Heart of Doha in 2016

Under the prestigious patronage of the Qatari government and the support of HE Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani, the Prime Minister and the Minister of Interior, IFP Qatar is honored to launch once again this year Project Qatar 2016, the 13th International Construction Technology...

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Business & Money | Monday 11 January, 2016 4:57 am

100% GCC tax on energy drinks and tobacco products

Consumers of tobacco, energy drinks and soft drinks will have to gear up to pay a lot more as the GCC countries have decided to impose steep taxes on these products.  The group will impose a uniform tax of 100 percent on tobacco products, 100 percent on energy drinks and 50 percent on soft...

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Environment & Energy | Monday 11 January, 2016 3:40 am

Get ready for hiked water, electricity bills from today

The Ministry of Water and Electricity will begin applying the new tariffs on water on Monday. The new charges were announced two weeks ago by Water and Electricity Minister Abdullah Al-Hussayen. Sources reveal the ministry will begin issuing bills monthly, rather than every three months, so as...

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Business & Money | Monday 11 January, 2016 3:03 am

Jadwa Investment recognized as ‘private equity firm of the year in Kingdom’

Jadwa Investment, a Riyadh-headquartered investment management and advisory firm with assets under management of SR20 billion in public equity, private equity, real estate and fixed income, has been recognized as “Private Equity Firm of the Year in Saudi Arabia” by Finance Monthly...

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Business & Money | Monday 11 January, 2016 3:01 am

Saudi petrochemical stocks gain strength

A sell-off of small-cap speculative stocks pulled Saudi Arabia’s stock market down on Sunday, while Egypt dropped in response to weak global equities and concern about risks to the Chinese economy.  Most Gulf markets were subdued. The Saudi Tadawul All-Share Index, which had...

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Business & Money | Monday 11 January, 2016 2:22 am

DMS partners with Korabia –The Leading Football Platform in Egypt

DMS, which serves as the official digital arm of Choueiri Group, recently announced its partnership with korabia.com – The leading football news platform in Egypt, across the web as well as social media.   DMS has been appointed as the Exclusive Advertising Sales Representative for ...

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