Business & Money | Wednesday 29 July, 2020 10:28 am

Saudi Arabia’s Amlak International achieves 129% net income growth in H1 2020

Saudi Arabia’s leading non-bank real estate lender, Amlak International (“Amlak” or the “Company”), has announced its financial results for the period ended 30 June 2020. Net income grew by 20.9% y-o-y to SAR 23.8 million for the Q2 2020 period, and by 129% y-o-y to SAR 53.3 million for...

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Business & Money | Wednesday 29 July, 2020 1:27 am

Imdaad wins three-year contract to deliver FM services at 1/JBR

Imdaad, a Dubai-based group of companies that provides integrated, sustainable Facilities Management (FM) services that enhance operational efficiencies of physical assets, has signed a three-year contract with Dubai Properties to deliver a range of hard and soft FM services at 1/JBR, a residential ...

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Business & Money | Wednesday 29 July, 2020 12:25 am

MOT completes 491-km-road maintenance work leading to Makkah in preparation for Hajj

In preparation for this year’s Hajj, the Ministry of Transport has completed the maintenance of about 491 km of roads leading to Makkah and has assigned buses for each pilgrim group with full precautionary measures.   These steps follow the directives of Custodian of the Two Holy...

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Business & Money | Tuesday 28 July, 2020 3:08 pm

PepsiCo and SWMC sign MOU to enhance environmental sustainability in Saudi Arabia

PepsiCo and the Saudi Waste Management Center (SWMC) have signed a MOU to launch a strategic partnership that will enhance sustainability in the Kingdom. The MOU highlights the two parties’ role in promoting sustainability policies based on international best practices to support a circular...

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Business & Money | Tuesday 28 July, 2020 11:45 am

Emirates Islamic announces winners of award-winning Kunooz Savings Account

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the lucky winners of its monthly Kunooz Savings Account draw for June 2020. Indian national, Muhammad Chelayil, won the AED 1 million cash prize and Indian national, Abdul Naser Arastana, was rewarded ...

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Business & Money | Tuesday 28 July, 2020 11:03 am

NEOM ties up with STC for developing world’s leading cognitive cities

Saudi Gazette report NEOM company announced its first step toward developing the world’s leading cognitive cities that rely on leading technology for digital services after signing a contract with the STC group to establish a 5G network infrastructure that will accelerate NEOM’s digital...

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Business & Money | Tuesday 28 July, 2020 3:24 am

Share Goodness this Eid Al Adha with Panasonic’s Kitchen Innovations

Eid Al Adha is a time to celebrate with family and loved ones and to share the joy and the spirit of giving. But no celebration is complete without sumptuous meals and heartfelt gifts. When Eid celebrations call for delicious meals and rejuvenating drinks, cooking them up for loved ones should be...

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Business & Money | Monday 27 July, 2020 4:40 pm

CMA CGM Group announces the evolution of its JEDDEX service

Following the launch of the JEDDEX service between the Kingdom of Saudi Arabia and East Africa in March, CMA CGM Group a world leader in shipping a logistics, is pleased to announce its expansion, which aims to broaden its port coverage in the Red Sea and East Africa. Two direct weekly calls...

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Business & Money | Monday 27 July, 2020 11:54 am

Emirates NBD completes customer migration to Smart Pass

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has completed successful migration of its customer base to the Smart Pass service to support safer digital transactions. The roll out of Smart Pass is part of the bank’s long-term commitment to...

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Business & Money | Monday 27 July, 2020 11:41 am

Instinctif Partners and Advert One complete IPO advisory role for Amlak International

Instinctif Partners and Advert One have completed their role in providing strategic communications counsel and public relations to Saudi Arabia’s leading non-bank real estate lender, Amlak International, for its IPO on the Saudi Stock Exchange. Established in 2007 and headquartered in Riyadh,...

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