Daily Archives: December 2, 2015

Italian anti-doping authorities ban 26 athletes

Rome, Safar 21, 1437, December 03, 2015, SPA — Italian anti-doping authorities have imposed a two-year
ban on 26 athletes, Ansa news agency reported Wednesday evening.

The group is accused of withdrawing from official tests, Ansa
reported, according to dpa.

Among the banned athletes is world champion pole-vaulter Giuseppe
Gibilisco and former world silver long-jumper Andrew Howe.

Former European triple jump champion Fabrizio Donato and former
world-class sprinter Simone Collio.

–SPA
02:56 LOCAL TIME 23:56 GMT
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U.S. Private-Sector Hiring Increases

Washington, Safar 20, 1437, Dec 2, 2015, SPA — U.S. businesses increased hiring last month, led by strong gains in retail, finance, and other service industries, a private-sector study found Wednesday, suggesting that job growth is strong enough to support the first Federal Reserve (Fed) interest-rate increase in almost a decade next month.
Payroll processor ADP said private-sector employers added 217,000 jobs in November, the most in five months and up from 196,000 jobs in October. Service-sector companies added 204,000 jobs, while manufacturers hired only 6,000.
Mark Zandi, the chief economist at Moody’s Analytics, which compiles the ADP data, said hiring was strong in most industries excluding the oil and natural-gas sector, which has been hurt by low oil prices, and factories that compete with overseas producers.
The strong November job gains suggest solid underlying momentum in the economy despite a struggling manufacturing sector.
Specifically, steady consumer spending is supporting greater hiring in services, which includes higher-paying professional positions such as information-technology and engineering jobs. That is helping to offset weak job gains in sectors like manufacturing, which is struggling with weak overseas economies and the strong U.S. dollar
The ADP report was released ahead of the U.S. government’s more comprehensive November employment report on Friday. Economists expect 190,000 jobs were added last month, up slightly from 182,000 in October.

–SPA
21:24 LOCAL TIME 18:24 GMT
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تعريف العالم بقصة مجموعة العشرين: استراتيجية التواصل التركية

اسطنبول وأنطاليا، تركيا، 1 ديسمبر 2015/ PRNewswire/ — أثناء رئاستها لمجموعة العشرين لعام 2015، قامت تركيا بتنفيذ برنامج شامل للتواصل لكي يعرف العالم قصتها الفريدة. (الشعار: http://photos.prnewswire.com/prnh/20151201/292393LOGO ) (صورة: http://photos.prnewswire.com/prnh/20151201/292394 ) (صورة: http://photos.prnewswire.com/prnh/20151201/292397 ) “مجموعة العشرين. معا من أجل نمو شامل وقوي.” حتى هذا العام، كان الهدف الرئيسي لمجموعة العشرين هو تحقيق “النمو القوي والمستدام […]

SAGIA vows support for local business entrepreneurs 2 Riyadh

He said the Kingdom of Saudi Arabia is currently enjoying its economic invigoration climax and that it is time for business youths to take the opportunity of investment, noting that expenditures in all sectors in the Kingdom of Saudi Arabia would reach SR2 trillion over the coming five years with the investment exploitable opportunities to amount to 100 or more in addition to unification of efforts of more than 30 bodies supportive to SAGIA unified investment plan.
He disclosed that SAGIA became aware of the most thorny obstacles facing small and medium businesses and entrepreneurs after having conducted a number of workshops on the issue. He cited the shortage of finance, shallowness of investment opportunities, lack of incentive programs for small and medium businesses, ambiguity of procedures, lack of benefiting from foreign investors experience and difficulty of finding skilled labor force as among the obstacles facing the promising businesses.
Al-Othman vowed that SAGIA is currently busy designing an electronic platform to serve the small and medium businesses as well as the entrepreneurs aiming to provide investment opportunities, skills building, service developing and data collecting.
–SPA
15:44 LOCAL TIME 12:44 GMT
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SAGIA vows support for local business entrepreneurs

Riyadh, Safar 20, 1437, December 02, 2015, SPA — During a meeting to exchange views on mutual issues of concern on the fringes of the ongoing Eastern Region Female and Male Youths Forum and Exhibition 2015, organized by the Eastern Region Chamber of Commerce in Dammam, Engineer Abdullatif Al-Othman, Governor of the Saudi Arabian General Investment Authority (SAGIA), told a host of business female and male entrepreneurs that SAGIA is serving not only foreign investors but also provides several services for local investors.
At the meeting which focused on the challenges facing business male and female youths, Al-Othman said the Authority’s objectives and activities are based on building effective partnerships with numerous governmental bodies aiming to improve investment environment, and develop the regulations and procedures through a program designed to tackle obstacles.
He went on to say that SAGIA has designed its priorities and programs on a comprehensive evaluation for the investment environment and orientation, mainly to forge qualitative investments to build competitive economic sectors, achieve qualitative leap for the investment environment, create professional marketing for investment strategic attraction, score excellence in the service of investors and reach top marks of performance.
Al-Othman suggested that among the key priorities are the easiness of business starts, flow of across-the-border trade, transparency and stability of commercial regulations, activation of government procurement and incentive systems, improvement of the reach of goods to international markets and competitiveness, and, finally, availability of qualified labor force, pointing to the application of “Invest in Saudi Arabia” website in Arabic and English which now highlights more than 30 indexes and more than 90 investment opportunities.
–More
15:34 LOCAL TIME 12:34 GMT
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Saudi-Ethiopian Committee holds meeting in Riyadh 2

On his part, the Ethiopian Minister of Agriculture and Natural Resources praised the excellent relationship between the two countries in various fields, saying: “The Kingdom Saudi Arabia is one of the strongest economies in the world and we have in the Republic of Ethiopia investment opportunities that can attract the Saudi private sector to take advantage of them.”
The two sides agreed to form three committees : Committee of Foreign, Security and Labor Cooperation; Economic and Technical Committee, and Committee for Educational and Cultural Cooperation, Religious Affairs, Media, Youth and Sports for deliberating and coming up with recommendations that serve both sides.
— SPA
15:03 LOCAL TIME 12:03 GMT
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Saudi-Ethiopian Committee holds meeting in Riyadh

Riyadh, 20 Safar 1437 AH, December 2, 2015, SPA –The Joint Saudi-Ethiopian Committee began its 4th session at the Conferences Palace here today.
The Saudi side was headed by the Minister of Agriculture, Abdulrahman bin Abdulmohsen Al-Fadhli, while the Ethiopian side by the Minister of Agriculture and Natural Resources Tefera Deribew, in the presence of representatives of government agencies from both sides.
At the beginning of the meeting Engineer Al-Fadhli delivered a speech in which he stressed the importance of the meetings of the Joint Saudi-Ethiopian Committee which forms a tool conducive to strengthening economic, trade, investment, scientific and cultural cooperation between the two countries, pointing to the importance of activating cooperation through the development of mechanisms and programs to implement the recommendations of the meetings of the Committee, emphasizing the importance of the great role of the private sectors in the implementation of economic cooperation projects related to trade and investment in various fields.
–More
15:03 LOCAL TIME 12:03 GMT
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Governor of Eastern Region receives British Ambassador

Dammam, Safar 20, 1437, December 02, 2015, SPA –Prince Saud bin Naif bin Abdulaziz, Governor of the Eastern Region, received here today British Ambassador to the Kingdom, Simon Paul Collis.

During the meeting, they discussed bilateral relations between the two friendly countries.
The British ambassador praised the development being witnessed by the Eastern region in particular and the Kingdom in general.

The meeting was attended by the director of the British Trade Office in the Eastern Region, Steve Graham and the official of trade and investment at the Office in the region Khalid Darazi.
–SPA
14:28 LOCAL TIME 11:28 GMT
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