Month: August 2014

4 companies bidding for shale gas production in Saudi Arabia

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Reading time: < 1 MinuteSources in the energy sector said that four companies have expressed interest in submitting bids to work on unconventional gas production in Saudi Arabia, as the Kingdom moves forward with its plans to develop shale gas fields. The sources said the four companies are GS Engineering & Construction of South Korea, Italy’s Mari Technimont, Japan’s JGC, and Canada’s SNC-Lavalin. The sources added … Read more

Housing ministries respond to feedback from subsidy recipients

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Reading time: < 1 MinuteThe Ministry of Housing moved quickly to correct the eligibility status of citizens who had applied for Ministry of Housing housing units but whose applications were rejected in the lists announced by the Ministry the day before yesterday, changing their status from «ineligible» to «eligible.» This very swift response from the Ministry of Housing comes after a wave of widespread criticism directed at the ministry when citizens were surprised to find that they … Read more

10% of the world's petrochemicals produced in Jubail and Yanbu

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Reading time: < 1 MinuteDr. Alaa bin Abdullah Nasif, CEO of the Royal Commission for Jubail and Yanbu, in Yanbu, Dr. Alaa bin Abdullah Nasif, confirmed that 10% of the world’s petrochemicals are produced in the Royal Commission’s cities, and that the industrial cities of Jubail and Yanbu currently contribute more than 10% to the gross domestic product. Naseef noted that the annual growth rate of private sector investments in Yanbu Industrial City is accelerating significantly, … Read more

4 companies interested in Saudi shale gas

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Reading time: < 1 MinuteSources in the energy sector said: “Four companies have expressed interest in submitting bids to work on unconventional gas production in Saudi Arabia, as the Kingdom moves forward with its plans to develop shale gas fields.” The sources stated that the four companies are: “GS” Engineering & Construction from South Korea, Italy’s ”Mari Technimont,” Japan’s ”JGC,” and Canada’s ”SNC-Lavalin.” The sources added, … Read more

The «Conference and Exhibition Center» has strengthened its partnership with event organizers

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Reading time: < 1 MinuteEngineer Bandar bin Abdullah Al-Humaidi, a member of the Board of Directors of the Riyadh Chamber of Commerce and Industry and Chairman of the Board of Directors of the Riyadh International Convention and Exhibition Center, praised the “Enriching Knowledge” exhibition organized by Saudi Aramco, noting the company’s confidence in selecting the center to host this important knowledge-sharing event, and viewing this as evidence of the center’s capabilities and advantages, which have earned it this distinguished and notable presence… Read more

“Labor: Overcoming Recruitment Obstacles with Musaned”

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Reading time: < 1 MinuteAbdulmoneim Al-Shehri, Director of the Ministry of Labor’s branch in the Makkah region, emphasized that the “Musaned” system consists of several informational windows and a simplified, illustrated explanation of the ”stages of service delivery” and information for service providers, including private recruitment offices and companies, as well as labor dispute resolution committees at regional labor offices. It also allows domestic workers and employers to learn about the mechanism for filing complaints and disputes, noting … Read more

«DAMAC Properties brings forward the launch date of the second batch of AKOYA Oxygen units»

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Reading time: 2 MinutesDamac Properties, one of the largest luxury real estate developers in the Middle East, the second phase of residential units in its latest development, «Akoya Oxygen,» following the «unprecedented» demand seen for the project’s first phase. The first batch of residential units in the «Akoya Oxygen» project sold out in a single night. The company will launch the second batch of units … Read more

The Eastern Province Chamber of Commerce and Industry Organizes the «Economic Feasibility» Program for Women

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Reading time: < 1 MinuteThe Eastern Province Chamber of Commerce, represented by the Businesswomen’s Center, plans to hold a program for women titled «How to Prepare an Economic Feasibility Study for a Project,» at the Chamber’s branch in Qatif, through which it aims to support initiatives. The program will cover several key topics, most notably financial, marketing, and technical feasibility studies. The program, which begins on Sunday, September 14, and lasts for five days, will be presented by trainer Siham … Read more

«Nujoom Al Salam for Real Estate Investment and Development among top 80 brands

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Reading time: < 1 MinuteNujoom Al-Salam Investment and Real Estate Development Company was selected as one of the top 80 Saudi brands according to a survey conducted by “Business Corner,” an economic magazine specializing in the business sector. On this occasion, Dr. Jarallah bin Abdullah Al-Adib, Chairman of the Board of Directors, received the award from Mohammed Hamid, General Manager and Editor-in-Chief of “Business Corner” magazine, and expressed his appreciation for the initiative… Read more

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