Jordan / TNS Plans are in place to set up new stations to monitor air pollution in industrial areas in Jordan, officials at the Ministry of Environment said. The ministry will also enhance the performance of the 14 stations currently set up in Amman, Irbid and Zarqa, which are electronically linked to the ministry to test air pollution levels, …
Read More »TNS Women’s wages are higher than men in the private sector, according to figures released by the Saudi Arabian Monetary Agency (SAMA). Their monthly salary average is SR3,497 whereas for men it is SR2,417, while the gross average for both is SR2,417. However the percentage of average wage growth for men in 2015 was higher than women, increasing by …
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Muscat / Reuters Petroleum Development Oman (PDO), the country’s top oil and gas exploration and production company, has obtained a $4 billion loan from international banks, part of a rush of foreign borrowing by Oman as low oil prices strain state finances. The five-year pre-export facility is the company’s first international loan and was priced at 160 basis points …
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Riyadh / TNS The new Balanced Nitaqat program will help reduce unemployment, improve market performance, raise the quality of employment and generate good jobs for Saudis, create a safe and attractive work environment, and eliminate the presence of non-product nationalization practices, confirmed Deputy Minister of Labor and Social Development Ahmed Al-Humaidan during a press conference on Sunday. “The labor …
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TNS Five cities will compete for the title of Jordan’s “distinctive destination” in a competition launched recently by the Tourism Ministry and USAID. “Through the Distinctive Destinations Programme we seek to encourage Jordanian towns to capitalise on their core strengths, unique characteristics and assets to improve their tourism offerings,” Tourism Minister Lina Annab said. Speaking at the launch of …
Read More »MAKKAH / TNS The Council of Ministers during their weekly meeting on Monday thanked Custodian of the Two Holy Mosques King Salman for launching a number of new development projects worth over SR4 billion in Madinah, referring to health, education, water and sanitation projects; and for ordering an extra SR1,691 for all the country’s beneficiaries of social aid. The Cabinet …
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DOHA / Reuters Total has won a 30 percent stake in a new 25-year contract to operate Qatar’s largest offshore oilfield, officials said on Monday, in the second major upstream development deal for the French oil firm in the Gulf region in as many years. State-owned Qatar Petroleum (QP) will keep the remaining 70 percent in the new joint …
Read More »TNS After King Salman ascended the throne, relations with France have taken center stage in the Kingdom’s foreign policy. The ties got the added fillip following Deputy Crown Prince Mohammed bin Salman’s current visit to Paris, beginning Sunday. Jean Pierre Moline, an expert in defense policy for France and Europe, said security cooperation between the two countries is deep-rooted …
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Jeddah / Tribune News Service The Kingdom is set to become a world class, technologically advanced country under the new economic strategy led by Deputy Crown Prince Mohammed bin Salman, according to businesspeople. Ihsan Bu-Hulaiga, chairman and founder of Joatha Consulting Center for Business Development, said there was no doubt the government was committed to the goals outlined in …
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Cairo / Reuters Egypt’s central bank said it could secure some $10 billion from the International Monetary Fund (IMF) by agreeing a structural reform programme but has yet to make any formal request to do so. Talks over a possible loan half that size have faltered in the past and analysts say an IMF deal might require reforms that …
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