Business & Money | Monday 27 August, 2018 8:30 am

Saudi stock market leads the region in first day of trading after Eid holiday

The Saudi stock market was the best performing in the region on Sunday, in the first day of trading after the Eid holiday. The share index shot up by 1.4 percent, boosted by petrochemical firms Saudi Basic Industries and Saudi Kayan. Investor sentiment has also been buoyed by news this year...

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Government | Monday 27 August, 2018 7:30 am

Jawazat warns against overstaying Haj visas

The General Directorate of Passports (Jawazat) urged all the foreign Haj pilgrims to leave the Kingdom before the expiry of their visas. Lt. Col. Badr Al-Qeraini, spokesman of Jawazat, warned the pilgrims against overstaying their visas and that any pilgrims who overstay their visas or those who...

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Business & Money | Monday 27 August, 2018 7:00 am

Turkish lira firms as markets reopen with eye on US row

The Turkish lira gained slightly against the dollar on Monday as markets reopened after last week’s holiday, with investors set to refocus on a bitter dispute between Ankara and Washington over an American pastor being tried in Turkey. The lira, which has weakened 37 percent against the US...

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Business & Money | Monday 27 August, 2018 6:00 am

Bahrain may seek bids for metro construction in 2019

Bahrain plans to seek bids to build a metro railway system in the fourth quarter of 2019, the newspaper al-Ayam reported on its website on Monday, citing a transport ministry official who estimated the project cost at $1 billion to $2 billion. The government may seek private investments to...

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Tourism & Hospitality | Sunday 26 August, 2018 5:00 pm

Air Arabia signs agreement with SAP for cloud-based Human Resources system

Air Arabia - the Middle East and North Africa’s first and largest low-cost carrier (LCC), has announced today that it has signed an agreement with SAP – a global market leader in enterprise application software for a new cloud-based Human Resources system. The new system “SAP...

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Business & Money | Sunday 26 August, 2018 11:14 am

Schneider Electric partners with Tarmeem Charity Association to bring safe energy solutions to underprivileged homes

Schneider Electric, a leader in digital transformation of energy management and automation, has partnered with Tarmeem Charity Association, a Saudi non-profit association registered with the Saudi Ministry of Labour and Social Development, to build, repair and upgrade homes in underprivileged...

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Tourism & Hospitality | Sunday 26 August, 2018 11:00 am

(WHO) praises Health Ministry’s ‘exceptional’ work during Hajj

The director-general of the World Health Organization (WHO) praised the services provided by the Health Ministry to Hajj pilgrims, and the efforts exerted to care for them and maintain their health. In a tweet on his official Twitter account, Dr. Tedros Adhanom Ghebreyesus congratulated the...

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Culture & Education | Sunday 26 August, 2018 9:04 am

Hajj stories ‘reach 32m viewers worldwide’

Media coverage of this year’s Hajj season reached 100 countries and almost 32 million viewers around the world, Saudi Minister of Media Dr. Awwad bin Saleh Al-Awwad said. Speaking at a ceremony to honor the ministry’s guests in Jeddah, Al-Awwad congratulated the Saudi leadership on the ...

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Government | Saturday 25 August, 2018 12:00 pm

Saudi leadership hailed for resounding success of Haj

Several emirs, princes, scholars and senior officials praised Custodian of the Two Holy Mosques King Salman and Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, for their wise leadership in making the Kingdom’s operation of the annual pilgrimage of Haj a resounding...

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Culture & Education | Saturday 25 August, 2018 11:53 am

Second phase of Saudi Crown Prince Camel Festival begins

The second phase of the Crown Prince Camel Festival kicks off on Saturday in Taif, after a one-week pause due to Eid Al-Adha. Ten racing rounds of 2-4 km will take place over the course of two days. The first phase witnessed the participation of camel owners from all over the Gulf. Participants...

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