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Entrepreneurs upbeat about investment opportunities

Edit Arabnews 15 Jun 2016
The visit follows the announcement of Saudi Vision 2030, which includes operational programs to increase investment opportunities and to attract funds to the Kingdom. Jim Schuler, who owns one of the top five US companies specializing in establishing giant infrastructure, said the Saudi market increased the attractiveness to US capital to operate in the Kingdom....

Shanghai billionaire grabs top purchases in spring auction

Edit China Daily 15 Jun 2016
... with a total turnover of 2.56 billion yuan ($389 million) last week ... The works of art, as usual, will enrich the collection of Shanghai-based Long Museum that Liu co-founded with his wife, Wang Wei....

‘US appreciates Kingdom’s role in region’

Edit Arabnews 15 Jun 2016
“Saudi Arabia enjoys a unique status in the Islamic world and the US appreciates the Kingdom’s leadership position, so it treats the Kingdom as ... The United States, he said, considers the Kingdom one of its strongest allies in the region with regards to combating terror....

‘Royal visit a shot in arm for bilateral ties’

Edit Arabnews 15 Jun 2016
His visit to the US Chamber of Commerce and meeting with corporate leaders in Washington, New York and California were extremely significant as to promote the Kingdom’s Vision 2030 plan, he said ... He also stressed the Kingdom’s role in fighting Daesh, pointing out that the recent terror attack against a Florida nightclub confirms that the newfangled ......

Looking ahead: Rockies’ Chad Bettis needs to rediscover lost command

Edit Denver Post 15 Jun 2016
The numbers paint an ugly pitcher of Bettis, who was so stellar to begin the season ... “I think it’s mostly been a matter of pitch location and leaving the ball up over the plate,” manager Walt Weiss said ... He has delivered at least six innings in each of his last five starts....

Careem first company to get license under MoT’s new system

Edit Arabnews 15 Jun 2016
The MoT recently started a process aimed at regulating this sector and put in place the necessary terms and conditions required to obtain an official license to operate within the Kingdom ... Abdullah Elyas, co-founder and CEO of Careem Saudi Arabia, pointed out that Careem’s team stays committed to work in compliance with all applied regulations and laws in the Kingdom and all other cities covered by the company’s services....

KSA, US discuss ME crises, terror

Edit Arabnews 15 Jun 2016
In an SPA report on Tuesday, the General Authority for Statistics revealed that trade between the two nations in the first quarter of 2016 amounted to SR30.4 billion, with the Kingdom’s exports at SR12.1 billion, representing 9 percent of its total exports, while imports were at SR18.3 billion....

KSA opens retail sector to more foreign investment

Edit Arabnews 15 Jun 2016
Economists have welcomed the Kingdom’s move to open Saudi retail sector to greater foreign investment ... “There is an expected medium to long-term negative impact on the profit margins of local companies in the retail sector ... Arabian Centers, the Kingdom’s largest owner and operator of malls opened the Yasmin Mall in Jeddah and plans to develop 12 additional malls, including Mall of Arabia in Riyadh....

Saudi Renewables: Is the Sleeping Giant Finally Awakening?

Edit Topix 15 Jun 2016
On 1 June 2016, Saudi Electricity Company invited expressions of interest from potential lead developers for the development of two 50MW solar photovoltaic Independent Power Plants in Al-Jouf and Rafha, Kingdom of Saudi Arabia, with their output to be sold to SEC under a long-term Power Purchase Agreement ... ....

U.K. jobs with Canadian firms at risk over EU, says Morneau

Edit Topix 15 Jun 2016
Finance Minister Bill Morneau is warning Britain that tens of thousands of jobs at Canadian firms in the United Kingdom are vulnerable because of the debate around the country's potential exit from the European Union. Speaking to reporters in London, Morneau says Canadian companies with investments in the U.K. are anxious about the uncertainty caused by the so-called Brexit vote later this month ... ....

>PPP lauds Akufo-Addo on election of MMDCEs

Edit Modern Ghana 15 Jun 2016
The Progressive Peoples Party (PPP) has welcomed the resolve of the flagbearer of the opposition New Patriotic Party (NPP) to ensure the election of Metropolitan, Municipal and District Chief Executives (MMDCEs) if elected President after the November polls. Nana Akufo-Addo while addressing a business forum in the United Kingdom said it’s about time MMDCEs become accountable to the people hence must be elected by Ghanaians....

Ichiro has Pete Rose and 3,000 hits within his sights

Edit The Miami Herald 15 Jun 2016
Ichiro Suzuki used an accordion-style hand fan to cool off while standing in front of his locker and answering reporters’ questions Monday night ... Suzuki added three more hits and a pair of walks to his burgeoning career totals in the Marlins’ 13-4 rout, putting him closer to two major milestones in the 42-year-old icon’s illustrious baseball life ... But lost in the onslaught was the pitching of Wei-Yin Chen, who gave up four homers....

Saudi Arabia demands sources for UN blacklist of child rights violators

Edit Press TV 15 Jun 2016
But, on June 6, Ban removed the kingdom from the list and announced that he has accepted “a proposal by Saudi Arabia that the United Nations and the Saudi-led coalition review jointly the cases and ......
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