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IsDB celebrates ‘International Day of Education’
January 28, 2020

JEDDAH — The Islamic Development Bank Group’s President Dr. Bandar Hajjar inaugurated “the International Day of Education” event on Monday at the bank’s headquarters in Jeddah.

During the speech, Dr. Hajjar said the world is celebrating these days the International Day of Education for the second year in a row, in accordance with the United Nations General Assembly resolution of December 2018, which proclaimed January 24 as"...

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GM plant set to close will produce electric cars
January 28, 2020

DETROIT — General Motors said on Monday one of its US manufacturing plant set for closure will instead shift to producing new electric trucks and SUVs.

The US auto giant announced a massive restructuring in 2018 that would have slashed 15 percent of its workforce to save $6 billion, a move criticized by President Donald Trump as 'nasty' because it would have required shuttering several manufacturing facilities in North America.
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Tearing down the wall: Saudi restaurants adjust to the abolishment of gender segregation
January 28, 2020

RIYADH: Saudi diners are still chewing over the Kingdom’s move to end the long-standing legal requirement for restaurants to have separate entrances for males and families.

As a result of reforms — involving 103 rules and regulations, manuals, models, and standards aimed at making life easier for citizens and visitors — men and women no longer have to enter restaurants through"...

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Hyatt Regency Riyadh Olaya reduces use of plastic
January 28, 2020

RIYADH — In an effort to boost environmental protection, Hyatt Regency Riyadh Olaya has launched a series of sustainability initiatives in the property. The hotel has successfully abolished single-use plastic in its heart-of-house by introducing reusable water bottles among over 300 employees. Additionally, in their approach to protect the planet, the property has taken measures to reduce their energy consumption by five percent during the first quarter of 2020....

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Largest French business team visits Saudi Arabia
January 28, 2020

RIYADH: The largest French business delegation to tour a country is visiting Riyadh in a two-day trip to meet Saudi ministers.

The delegation is composed of 100 representatives from 80 French companies.

“We are here to tell them (the Saudi government), look, French business wants to be more present in Saudi Arabia"...

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Riyadh Airport new taxi service launched
January 28, 2020

RIYADH — Saudi Minister of Transport and Communications Saleh Al-Jasser participated in the launch of Airport Taxi services with its new identity after the operating company of the taxi services received 100 cars model Hyundai sonata 2020, which represents the first step towards moving into the future of sustainable transport and upgrading the level of transportation services to and from the Kingdom's airports after the adoption of the approved identity for"...

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Young Saudi engineers complete a series of training provided by Japan
January 28, 2020

RIYADH — Qualified 29 Saudi engineers have completed quality control training program organized jointly by the Kingdom and Japan as part of a long-term strategic partnership between two countries.

QC training is one of 3 training to be conducted in MODON Jeddah before March this year, and the Saudi Ministry of Industry and Mineral Resources planned the program together with the Japanese Ministry of Economy, Trade and Industry and organizations including"...

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German prosecutors investigate Deutsche Bank AG employees over alleged $1.1m Saudi payment
January 28, 2020

German prosecutors are investigating two former Deutsche Bank AG employees for allegedly paying $1.1 million to secure the wealth management business of a senior Saudi royal, the Financial Times reported.

The money transfers were arranged in 2011 and 2012, along with other perks, including an internship and a seminar at a Swiss ski resort, according to the results of an international probe,"...

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Millennium takes over Makkah hotel as part of Saudi expansion plans
January 28, 2020

Millennium Hotels & Resorts MEA, one of the fastest-growing regional hotel management companies in the Middle East, has announced it is taking over Al Dana Diamond Makkah.

The company said it will rebrand the hotel as M Hotel Al Dana Makkah and will add 611 keys to its inventory of 3,240 keys in Saudi Arabia.

Situated"...

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UD Trucks posts solid growth in MEENA region
January 28, 2020

UD Trucks, a Japanese truck manufacturer and part of Volvo Group, registered solid growth across the Middle East, East and North Africa (MEENA) region last year.

The launch of the new, heavy-duty Quester, a series of major fleet deals and the announcement of a new retail partner in Saudi Arabia were among the key highlights of 2019 as UD Trucks enjoyed another positive year across the MEENA region.

Against the backdrop of extremely challenging"...

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