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FARM Superstores’ IPO covered 230% in 4 days

Sun, 2014-01-26 22:34 FALCOM Financial Services, the lead manager, book runner, and underwriter to FARM Superstores’ ongoing IPO, announced that the retail tranche of the...

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ACWA Power enters UAE through Sumitomo’s stake acquisition in Shuweihat 1 IWPP

Mon, 2014-01-27 23:15 ACWA Power International (ACWA Power), a Saudi water and power developer, owner and operator, has entered into a definite agreement with Summit...

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SABIC in iron ore exploration deal with Mauritanian firm

Mon, 2014-01-27 23:15 Saudi Basic Industries Corporation (SABIC) is conducting a feasibility study and is carrying out iron ore exploration at the Atomai Mines in Zouerate...

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LuLu British Week 2014 set for opening

Mon, 2014-01-27 23:15 LuLu Hypermarket, Saudi Arabia is all set to celebrate British Week 2014 with the support of the UK Embassy in Saudi Arabia.The British Week at Lulu...

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Volvo Trucks to build on strong Saudi demand

Mon, 2014-01-27 23:15 The demand for Volvo Trucks has been increasing in the Kingdom hence Volvo management is giving prime importance for Saudi Arabia as it is one of the...

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STC, Symantec deal aims to add e-mail security features

Mon, 2014-01-27 23:15 Saudi Telecom Company (STC) and Symantec Ltd. (Symantec) have signed an agreement for e-mail protection in Riyadh in a bid to add security features...

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MIT’s J-PAL celebrates 10th anniversary

Mon, 2014-01-27 23:15 The global research center, the Abdul Latif Jameel Poverty Action Lab (J-PAL), celebrated its 10th anniversary recently.Rafael Reif, president of MIT...

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Ritz-Carlton, Riyadh serves up Chinese culinary delights

Tue, 2014-01-28 21:35 Start the New Year with a culinary journey through Szechuan, China at Hong, described as the authentic Chinese restaurant at the Ritz-Carlton, Riyadh...

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GIB Capital named Best Investment Bank-Middle East

Tue, 2014-01-28 21:35 GIB Capital LLC (GIB Capital), a wholly-owned subsidiary of Gulf International Bank (GIB), has been awarded Best Investment Bank — Middle East for...

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Top award for alfanar

Tue, 2014-01-28 21:35 Alfanar becomes the first company in the Middle East to receive three ISO certifications for IT Service Management (ISO 20000), Business Continuity (...

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Paris Gallery introduces House of Sillage

Tue, 2014-01-28 21:35 House of Sillage, a leader in the world of haute perfumery, opened its first boutique at the Paris Gallery showroom in Red Sea Mall, Jeddah, and...

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Mobily signs deal to build crucial submarine cable

Tue, 2014-01-28 21:36 Etihad Etisalat (Mobily) has signed in Hong Kong an agreement that included 17 global operators in the Middle East, Asia and Europe to build and...

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SABB named best trade finance bank in Kingdom

Thu, 2014-01-30 00:21 The Saudi British Bank (SABB) has been named by Global Finance magazine as the Best Trade Finance Bank in Saudi Arabia for 2014. This is the 6th...

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Talent Championship: Unilever names winners

Thu, 2014-01-30 00:21 Unilever, a major international FMCG company and manufacturer of iconic brands such as Lipton and Sunsilk, has announced the winning team for the...

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Zain expands direct sales services

Thu, 2014-01-30 00:21 Zain KSA started expanding its list of direct sales services offered to its subscribers. A team of 600 men and women in 26 different cities around...

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NBK posts $844m net profit in 2013

Thu, 2014-01-30 00:21 National Bank of Kuwait (NBK), claimed to be the largest Kuwaiti bank, reported net profits of $844 million (KD238.1 million) for 2013 compared to $1...

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Al-Hammadi to leverage latest Cisco and Wipro medical technologies

Thu, 2014-01-30 00:22 Cisco announced that the Al-Hammadi Development and Investment Company, the parent company for Al-Hammadi Hospitals, has signed an agreement with...

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Carrefour opens 14th branch in Riyadh

Thu, 2014-01-30 00:22 The Saudi Hypermarkets Company (Carrefour) has inaugurated its 14th Carrefour branch at Al-Yasmin District in Riyadh.Frederic Levy-Perrault,...

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Home Centre expands presence in Jeddah

Thu, 2014-01-30 00:22 Home Centre, a major market retailer in furniture and home furnishing, has opened a store spanning 53,923 square feet at the Al Salam Mall, Jeddah....

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GfK launches new TV audience measurement in Kingdom

Fri, 2014-01-31 23:26 GfK has signed a contract with Saudi Media Measurement Company (SMMC) to introduce a new television audience measurement (TAM) service in Saudi...

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