Riyadh chosen as HQ of Arab tourism union

  Jeddah / TNS The Arab Tourism Experts Union, a tourism body of experts seeking to promote tourism among the Arab countries, selected Riyadh as its headquarters. The union also decided to open branch headquarters in a number of Arab countries. The countries that represent the general commission of the union include Saudi Arabia, Jordan, Iraq, Yemen, Oman, Tunisia, Algeria, ...

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14K telecom firms comply with Saudization

  Jeddah / TNS A total of 14,062 establishments have showed compliance to the directive that aims to employ Saudi males and females in the telecom sector, a recent statistic showed in the second month of ongoing inspection campaigns. As various ministries take part in implementing the 50-percent nationalization of the telecom sector, the Eastern Province registered the highest number ...

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Algosaibi inks deal to end biggest Mideast default

  Bloomberg Ahmad Hamad Algosaibi & Brothers Co. signed a deal with a majority of its creditor banks to restructure about $6 billion of debt, taking the Saudi conglomerate one step closer to ending a seven-year impasse over the Middle East’s biggest default. The agreement with a five-member committee representing about 80 banks, which include BNP Paribas SA and Standard ...

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Egypt to get first tranche of $1.5bn Saudi loan ‘soon’

  Emirates Business Egypt will “soon” receive the first tranche of a $1.5 billion loan from Saudi Arabia, an Egyptian minister said, a cash injection that could help to ease a dollar shortage that has weighed on economic growth. The first payment will be about $500 million, Egypt’s Minister of International Cooperation Sahar Nasr said. The loan is one of ...

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Tokyo stocks slip, Nintendo dives on Pokemon Go warning

  Tokyo / AFP Tokyo stocks ended lower for a second session Monday, giving up early gains with Nintendo slumping after it downplayed the impact of the Pokemon Go phenomenon on its bottom line. The benchmark Nikkei 225 hung in positive territory for much of the day as dealers eyed the start of Japan’s latest earnings season as well as ...

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US stocks slip from all-time highs before policy meetings

  Bloomberg U.S. stocks retreated from records, with central-bank policy decisions looming later in the week as investors assess corporate earnings. The S&P 500 Index fell 0.3 percent to 2,169.61 at 9:37 a.m. in New York, following a fourth week of gains for the gauge. The Dow Jones Industrial Average dropped 59.53 points to 18,521.32. Earnings remain in focus, with ...

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Hues that show the way

  Paderborn / DPA You may have used one at a theme park to find the nearest hair-raising ride, or to plan a walk in magnificent mountain scenery. Pictorial maps lay out your surroundings not as a map, from above, but in an oblique, eagle’s-eye panorama. Alexander Koenigs is one of the world’s few pictorial map illustrators able to do ...

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Essentials of on-page search engine optimization

  TNS Google does not rank websites. It ranks web pages. “On-Page” search engine optimization (SEO) refers to the process of optimizing the content, images, internal linking, URLs, and meta tags of each and every page of your website. Through much testing with clients, which range from law firms to e-commerce companies, I’ve seen that the homepage is the most ...

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Mohamed names IDEX 2017 panel officials

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council, has issued a resolution naming the committee members of the International Defence Exhibition (IDEX 2017), under the chairmanship of Major General Faris Khalaf Al Mazrouei. The ...

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Terror attacks a growing economic threat, warns G20

  Chengdu / AFP Increasingly frequent terrorist attacks are becoming a growing threat to the global economy, finance chiefs from the world’s leading economies said on Sunday. Earlier this month 84 people were killed in Nice when a Tunisian truck driver—suspected to be inspired by the IS extremist group—ploughed a 19-tonne vehicle through a holiday crowd. That followed Paris attacks ...

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