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Demonstrators march in Lille, northern France, Thursday. France's trains, flights, schools and other public services are set to be disrupted Thursday by nationwide strikes to protest against President Emmanuel Macron's economic measures. — AP
Trains, flights grounded as strikes challenge Macron across France
PARIS — Tens of thousands of nurses, teachers and other public sector workers joined forces to march against French President Emmanuel Macron's reforms on Thursday, causing widespread travel disruption and bringing brief clashes with police in some cities. While the vast majority of around 180 demonstrations nationwide were peaceful, scuffles erupted between police and hooded young protesters in Paris and the western city of Nantes, where security forces fired tear gas and water cannon. It was the first time public sector workers, ranging from air-traffic controllers to civil servants, had joined with rail workers and pensioners to protest over the economic reforms Macron has sought to introduce since he took office last May. "We're here against the government, which is...
March 22, 2018

Trains, flights grounded as strikes challenge Macron across France

100 gold bars of offer at Malabar Gold & Diamonds festive promo
MALABAR Gold & Diamonds, one among the BIG 5 jewelry retailers globally with a strong retail network of over 210 retail outlets spread across nine countries unfolded the details of its much awaited promotion, ‘The Great Gold Rush’ to celebrate this festive season. This promotion will run at all Malabar Gold & Diamonds outlets in the Middle East & Far East.In Kingdom of Saudi Arabia the offer will start from March 21 to April 28. The customers get unparalleled opportunities to win a total of 100 gold bars across their showrooms in GCC & Far East. A true shopper’s delight, Malabar Gold & Diamonds will captivate the customers by exhibiting eye catching designs in gold, diamonds, platinum and precious gems from different parts of the world to flaunt any occasion or event and are well...
March 22, 2018

100 gold bars of offer at Malabar Gold & Diamonds festive promo

Officials of Saudi banks, collaborating with the Kafalah program, confirmed their strong commitment to empowe small and medium-sized enterprises and facilitating their success at a press conference. — Courtesy photo
Kafalah program is dedicated to facilitating a bigger role for small and medium-sized enterprises
THE amount of funds granted by banks and guaranteed by the Kafalah program for small and medium-sized enterprises has exceeded SR21 billion since the inception of the program in 2006 until the end of 2017.The Saudi banks collaborating with the program confirmed their strong commitment to empowering small and medium-sized enterprises and facilitating their success, thereby contributing to the national economy. One of the goals of Vision 2030 is to raise the GDP contribution of SMEs in the Kingdom from 20% to 35%.Over the course of the past 12 years, more than 10,000 small and medium-sized enterprises benefitted from funding by participating banks — Saudi banks as well as Emirates NBD — with a cumulative annual growth rate of 42.7%. In 2017 alone, the number of small and medium-sized...
March 22, 2018

Kafalah program is dedicated to facilitating a bigger role for small and medium-sized enterprises

Third Africa Islamic Finance Forum confirmed for Nigeria
LAGOS, Nigeria — Following the huge success of its first and second editions in 2016 which attracted over 420 delegates, the 3rd Africa Islamic Finance Forum will return March 27-28, located at the Federal Palace Hotel, Lagos, Nigeria, hosted by the Ministry of Finance Nigeria in collaboration with the Islamic Corporation for the Development of the Private Sector (ICD). This exclusive, invitation-only event is designed specifically for the benefit of local and international market players to explore development opportunities in Islamic finance in Africa — focusing on building the market and exploring the huge potential through inward investment and international collaboration. With full government support and hosting some of the most influential decision-makers in the industry from...
March 22, 2018

Third Africa Islamic Finance Forum confirmed for Nigeria




Khaled Al Maeena, political and media analyst who also was a keynote speaker at the Women Economic Forum KSA, in the panel discussion on Tuesday. — Courtesy photo
Over 1,000 converge in Riyadh to shape a more sustainable economy
RIYADH — The inaugural Women Economic Forum KSA concluded its activities Tuesday here, having brought together more than 1,000 participants among them business leaders, policymakers, entrepreneurs, NGOs, artists and students for interactive discussions, inspiring keynotes and high-level networking.Under the theme “Let’s talk about tomorrow”, the dialogues throughout the two-day event focused on the transformative role that companies, foundations and individuals can play to support the achievement of the Vision 2030 economic goals through focusing on five main pillars namely: Economic Empowerment, Innovation, Saudization, Diversity and Inclusion (D&I) and Entrepreneurship.The forum agenda saw a number of keynote speakers that are leaders in their field, such as the first female...
March 22, 2018

Over 1,000 converge in Riyadh to shape a more sustainable economy

SR207bn US investments in Saudi Arabia
RIYADH — The volume of US investments in the Saudi market until Feb. 2018 reached over SR207 billion, according to a report of the Saudi Arabian General Investment Authority (SAGIA).Some 373 American companies made investments in a wide range of areas such as the service, industry, real estate, scientific and technical sectors in the Kingdom.The industrial activities make up the lion’s share of these investments with a total amount of SR193 billion for 95 projects while the service sector comes second with a financing of SR13.5 billon for 245 projects.There are nine commercial activities with a total investment of SR300 million and two real estate projects with a total funding of SR 16 million. Temporary licenses have been given for 16 US projects with total investments of SR2...
March 22, 2018

SR207bn US investments in Saudi Arabia

Saudi Arabia tops Arab World University rankings
JEDDAH — Saudi Arabia’s King Abdulaziz University has topped a new Times Higher Education ranking of the best institutions in the Arab region. The Jeddah-based university takes the No. 1 spot in the THE Arab World University Rankings 2018 thanks to its very strong citation impact and highly international outlook.The top five is completed by the United Arab Emirates’ Khalifa University (formerly Khalifa University of Science, Technology and Research), Qatar University, Jordan University of Science and Technology and United Arab Emirates University.The league table is based on the same methodology as THE’s flagship World University Rankings but includes only universities located in nations that are members of the Arab League.Elsewhere in Saudi Arabia, Alfaisal University has climbed...
March 22, 2018

Saudi Arabia tops Arab World University rankings

Participants at the 6th edition of Leaders of Tomorrow that was held on March 13 at the Oberoi Hotel, Dubai. — Courtesy photo
GPCA initiative bridges gap between academia and the industry
DUBAI — Leaders of Tomorrow, an initiative by the Gulf Petrochemicals and Chemicals Association (GPCA) aimed at building local human capital in the Arabian Gulf region, entered its 3rd year during the 5th GPCA Research and Innovation Summit and 9th GPCA PlastiCon which took place recentlyat the Oberoi Hotel, Dubai.The 6th edition of the initiative, sponsored by SABIC, was attended by 42 students from across the GCC. During the events students were able to attend all conference sessions, network with senior industry leaders and learn about the innovation landscape and plastic industry in the region and globally.A dedicated student-only seminar presented an opportunity to hear from senior industry leaders Fahd Al Sherehy, VP innovation and technology, SABIC, who shared his experience...
March 21, 2018

GPCA initiative bridges gap between academia and the industry

Eng. Nadhmi Al-Nasr, interim president of KAUST, and Dr. Klaus Kleinfeld, CEO of NEOM, at the signing ceremony. — Courtesy photo
KAUST, NEOM to establish the Center of Excellence for NEOM Research
THUWAL/ NEOM — King Abdullah University of Science and Technology (KAUST) and NEOM have agreed to establish the “Center of Excellence for NEOM Research at KAUST”.Both parties intend to cooperate in developing and establishing a world class research and educational center. Together they will search for solutions in some of the most important and demanding future technologies such as sustainable energy production, efficient energy use and energy distribution, urban planning, sustainable agriculture, seismology, environmental friendly water desalination, artificial intelligence, big data and sensors.NEOM and KAUST understand this cooperation as a first, but decisive step to further substantial contributions for the future development of the Kingdom of Saudi Arabia as well as for the...
March 21, 2018

KAUST, NEOM to establish the Center of Excellence for NEOM Research

Flydubai Boeing 737 MAX 8 photographed on July 26, 2017 from Wolfe Air Aviation’s Learjet 25B.
flydubai resumes flights to Irbil
DUBAI — flydubai has resumed regular flights to the Iraqi city of Irbil where the carrier's flight landed on March 19, 2018 at Erbil International Airport at 16:10 p.m.Flight FZ203 departed at 14:05 from Terminal 2 at Dubai International Airport, while FZ204 returned from Irbil International Airport at 17:05 to reach Dubai International Airport at 20:55.The carrier will begin daily flights from March 25. flydubai serves seven weekly flights to Irbil operating its modern Boeing 737-800 aircraft to provide high-quality services to both business and economy travelers. The carrier offers more travel options between Irbil and Dubai and more than 100 destinations on flydubai network.flydubai traffic has grown by more than 161 percent since its launch in 2010. The carrier offers passengers...
March 21, 2018

flydubai resumes flights to Irbil

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