Archive: November, 2015

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30

Nov2015

KSA reveals $11.2bn domestic tourism investment

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November 30, 2015
Research reveals domestic tourism growth in Saudi Arabia, with Mecca leading the list of destinations. Spending on domestic tourism in Saudi Arabia amounted to $11.2 billion from January to September 2015, according to new figures from the Kingdom's Tourism Information and Research Centre (MAS). Domestic tourism spending is expected to grow further ... Read More

23

Nov2015

Swiss International debuts in Saudi Arabia

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November 23, 2015
Swiss International signed its first two hotels in the Kingdom of Saudi Arabia. The chain will be entering the market with the 60-room Swiss International Park hotel in Baljurashi (Al Baha region) and the 46-room Swiss Spirit Hotel & Suites – Turaif. Swiss International’s partner in the Middle East, HDG from Dammam, ... Read More

20

Nov2015

Saudi Arabia Said to Plan Fannie Mae-Style Mortgage Company

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November 20, 2015
Saudi Arabia is working with the Boston Consulting Group to help start a state-owned mortgage firm similar to the U.S.’s Fannie Mae and Freddie Mac as it seeks to develop a secondary market for home loans, people with knowledge of the plans said. Public Investment Fund, the kingdom’s sovereign wealth fund, ... Read More

15

Nov2015

Gold doing something it hasn’t done since 1998

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November 15, 2015
With gold down more than 8 percent year to date, the beaten-down commodity is tracking for its third-straight year of losses. The last time gold fell three years in a row was between 1996 and 1998. And according to some traders, there's even more pain ahead. The yellow metal has plunged ... Read More

04

Nov2015

How the Sharing Economy Can Improve Your Next Business Trip

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November 4, 2015
When you’re on the road, every minute counts — even more than usual. Add the financial costs of airfare, accommodation, and meals to the opportunity costs of being away from work and family, and you want to be sure that you’re getting the most out of your time on the ... Read More

01

Nov2015

18 books billionaire Warren Buffett thinks everyone should read

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November 1, 2015
When Warren Buffett started his investing career, he would read 600, 750, or 1,000 pages a day. Even now, he still spends about 80% of his day reading. "Look, my job is essentially just corralling more and more and more facts and information, ... Read More

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