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Updated on : 7:48 am GMT | Wednesday 11th of September 2016 10
Issued By Business & Finance Group | Dubai Media City | Issue No.305
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Last News From Today's Person
SR500bn social spending package outlined

In a major televised announcement, Custodian of the Two Holy Mosques King Abdullah unveiled on Friday a SR500 billion social spending package that includes a minimum wage and cost-of-living bonus for government workers, unemployment allowances, a boost in housing loans and an increase in health spending.

Half of the value of the package more

Event of the hour Headlines
Dnata set to acquire 100% stake in Alpha
S.Korea's STX Heavy Industries builds Saudi plants
Today's Event Headlines
Prince Saud Bin Abdullah bin Thunayyan Al Saud, chairman of RCJY launches development projects worth SR1.2 billion
Work begins on SR12.7 billion Rabigh power plant
Beauty & Health Headlines
Diet and Exercise
Diet-Busting Foods You Should Never Eat
Eye on the Economy Headlines
OPEC caution may help bring back $100 oil
Stocks rise to highest levels in 27 months
Last News From TOP 10 GCC Cities
Kingdom to make cars for Gulf and N. Africa

King Saud University (KSU) in Riyadh signed an agreement with a South Korean company on Sunday to manufacture low-cost cars priced at between SR35,000 and SR45,000. A car company with a capital of $500 million will be established for the purpose.

“The move comes as part of the university’s efforts to transfer technology and more

International Brands Headlines
A Glittering Array of Jewels Lures Tony Buyers to the Biennale des Antiquaires
Watchmakers celebrate ten years of Harry Winston Opus range
Art & Culture Headlines
Sandra Bullock in negotiations to star in "Gravity"
Word of Mouth: Disney's betting on 'Secretariat'
Stations Headlines
Cherry Blossom Girl
Stress at work 'can increase the risk of asthma by 40%'
Sports Headlines
Brazil's big names could get recall
England sweeps the medals in 110 hurdles
Last News From TOP 100 Companies
Financial Literacy can save you money

Business & Finance Group - Money Market : Ask a taxi driver, a receptionist or any non-finance professional to explain what a fixed rate, overdraft or loan-to-value ratio means and most likely you're not going more


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