Cars & Autos | Monday 25 June, 2018 4:51 am

Saudi insurance stocks soar as female drivers take to the road

Saudi insurance stocks surged on Sunday, with investors expecting the sector to reap significant dividends following the lifting of the ban on female drivers. Insurance stocks — one of the worst performing sectors on the Saudi bourse for the year to date — outperformed other...

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Business & Money | Monday 25 June, 2018 4:45 am

Guinness World Records Launches Arabic Website to Cater to the Growing Number of Record Applications From the Region

Guinness World Records™, the global authority on record-breaking, is proud to announce the launch of its dedicated Arabic platform that is especially designed to interact with and serve audiences across the Middle East. The website - www.guinnessworldrecords.ae- will serve as an ideal ...

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Technology & IT | Monday 25 June, 2018 2:00 am

GE Power Announces New Achievements by HA Gas Turbine and Services Upgrades

GE Power (NYSE: GE) announced a growing list of accomplishments by its industry-leading HA gas turbine and its services portfolio—including the 26thHA in commercial operation and the new MXL2 with Additive Manufactured Performance upgrade for the GT13E2 turbine. These accomplishments...

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Technology & IT | Sunday 24 June, 2018 11:43 am

Avaya Brings Enterprise-Level Communication Capabilities to KSA’s SMBs

Avaya Holdings Corp. (NYSE:AVYA) is giving small and medium-sized businesses in KSA the tools to drive greater productivity and streamline collaboration through a single application for all communications channels, meetings, team collaboration and content sharing. This latest release of Avaya IP...

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Tourism & Hospitality | Sunday 24 June, 2018 10:31 am

Hyundai Hosts Female Saudi Drivers in Korea in Preparation for Kingdom’s Historic Change

Three leading Saudi-based female influences have visited Korea as part of Hyundai’s outreach to women drivers in the Kingdom, and as brand ambassadors for the carmaker. The three women include entrepreneur and lifestyle influencer Bayan Linjawi; radio presenter, travel blogger, and fashion ...

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Environment & Energy | Sunday 24 June, 2018 7:19 am

Saudi pledges ‘measurable’ oil supply boost as OPEC, Russia agree deal

OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a “measurable” supply boost but giving no specific numbers. The Organization of the Petroleum Exporting Countries had announced an OPEC-only production agreement on...

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Environment & Energy | Sunday 24 June, 2018 4:21 am

New investment models needed to boost MENA oil, gas competitiveness 13 hours ago 42 views

New investment models will encourage optimal development in the oil and gas sector, Majid Jafar, CEO of Crescent Petroleum told OPEC ministers and industry leaders at the OPEC Seminar in Vienna last June 20. The private sector in MENA can be an important partner in oil and gas development, helping...

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Cars & Autos | Saturday 23 June, 2018 4:24 pm

Road safety event for female drivers launched in Saudi Arabia

A three-day recreational and educational event for women about driving cars was launched on Thursday by the director of the Riyadh Traffic Department, Maj. Gen. Abdulrahman Al-Kharsan, and Saudi Telecom Co. (STC) CEO Nasser Sulaiman Al-Nasser. The event was held at Riyadh Park Mall in...

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Culture & Education | Saturday 23 June, 2018 3:59 pm

New qualitative specializations in foreign scholarship program

NEW qualitative specializations have been included in the 13th edition of the King’s Foreign Scholarship Program to be launched this week. Announcing this in Riyadh on Friday, Minister of Education Dr. Ahmed Muhammad Al-Isa stressed focusing on quality specializations keeping up with the...

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Environment & Energy | Saturday 23 June, 2018 2:01 pm

OPEC agrees modest hike in oil supply after Iran softens stance

OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival Iran to cooperate amid calls from major consumers to help reduce the price of crude and avoid a supply shortage. Two OPEC sources said the group agreed that OPEC and its...

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