Month: December 2015

The share price is 18 riyals. The subscription of individuals to 8.4 million shares of “Al-Andalus Real Estate” began”

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Reading time: < 1 MinuteThe public subscription for 8,400,000 shares of Andalus Real Estate Company, representing the share of the retail segment that was allocated following the full coverage of the offering by financial institutions and investment funds, begins today, Thursday, at a price of 18 riyals per share, and the price was determined based on the process of building the order book during the initial phase of the subscription, and the subscription will continue until next Wednesday. ... Read more

Intends to offer a range of cement products. Al Jazeera Paints introduces Matrix and Xtreme to the market

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Reading time: < 1 Minute  Al Jazeera Paints, the giant of the high-quality paints industry in the Middle East and neighboring regions, has introduced two new products (Al Jazeera Matrix and Al Jazeera Extreme), two cementitious products coming to the paints and building materials market, as part of its series of successes and as part of its endeavor to meet the needs and desires of its customers. The two products offer solutions to many of the issues in the foundation phase, as they are ... Read more

“Falken City of Wonders showcases its urban planning to a student delegation from India

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Reading time: < 1 Minute  Falken City of Wonders, a leading real estate developer, today welcomed a student delegation from India's Center for Environmental Planning and Technology (CEPT) University to learn about mega-project management strategies for the Falken City of Wonders project currently under development in Dubai. On the sidelines of the visit, Mr. Al Harith bin Salem Al Moosa, Vice Chairman of the Board of Directors, ... Read more

Al-Arjwan's stalemate ends; 18 lots auctioned for SAR 49.5 million

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Reading time: < 1 MinuteThe Real Estate Contributions Committee at the Ministry of Commerce and Industry completed yesterday the sale of the Al-Arjwan auction in King Abdullah neighborhood between exits 11 and 12, where the auction witnessed a large turnout by those wishing to buy and a number of those interested in real estate, following the issuance of the Royal Decree approving the plan, which had a great impact on motivating buyers. And he ... Read more

The Minister of Commerce's decision awakened the dreams of youth to enter the board of directors of the Riyadh Chamber of Commerce

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Reading time: < 1 MinuteThe elections of the Board of Directors of the Riyadh Chamber of Commerce and Industry are of great interest among businessmen and registered members of the Chamber, after the decision issued by the Ministry of Commerce and Industry that a member of the Chamber who has completed two sessions or part of them, whether by election or appointment, is not eligible to run again, which removed names that had a presence that extended over many years ago, and made way for ... Read more

“Amlak” publishes the names of 74 candidates for the Riyadh Chamber elections, and five women are competing

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Reading time: 2 Minutes  The Supervisory Committee for the elections of the Board of Directors of the Chamber of Commerce and Industry in Riyadh received 74 applications to run for membership of the Board of Directors of the Chamber in its seventeenth session (1437-1441 AH), and the head of the committee supervising the elections, Yahya Azzan, appreciated the interest of businessmen in the Chamber, noting the strong turnout for membership of the Chamber, which plays a major role in various aspects of economic life and social responsibility. He pointed out ... Read more

flyin.com offers unique mid-year vacation packages

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Reading time: < 1 MinuteFlyin.com, the leading online travel and tourism company in the Middle East, has completed its preparations for the mid-year vacation by launching the most unique offers and a number of bundled packages for its customers to enjoy visiting a group of countries in one trip. In order to enjoy the warm weather in the winter season, flyin.com is introducing the East Asia package, and customers can choose this package to enjoy ... Read more

Banker expects Saudi banks' profits to grow by 1.3TP3T in early 2016

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Reading time: < 1 Minute  Talaat Hafez, Secretary General of the Banking Information and Awareness Committee for Saudi Banks, emphasized the strength of the Saudi economy and its resistance to any financial crises, and expected the profits of Saudi banks in early 2016 to grow by 3%, despite the geopolitical conflicts in the Middle East. In a press interview, Hafez described the performance of Saudi banks during 2015 as excellent, and said: "In my belief, the year will end ... Read more

“SAIF launches its first SME service centers

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Reading time: < 1 Minute  The Saudi Investment Bank (SAIB) has launched its first SME Center in Riyadh, Al Warud neighborhood, as part of the bank's service system, which will serve as a one-stop shop to serve its corporate and institutional clients through specialized staff. The SME Center will provide a range of banking solutions (financing and non-financing), including financing ... Read more

Sultan bin Salman crowns SABB with the “Best Special Needs Employment Program” award“

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Reading time: < 1 MinuteAs a result of its pioneering role in the field of social responsibility and the success of its initiative “SABB Special Needs Employment Program”, HRH Prince Sultan bin Salman bin Abdulaziz, Chairman of the Board of Directors of the Disabled Children's Association, crowned the Saudi British Bank “SABB” with the “Best Special Needs Employment Program” award during the opening ceremony of the second forum exhibition for the employment of people with disabilities in Riyadh. He also honored ... Read more

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