Business & Money | Monday 13 July, 2020 1:24 pm

Dubai Investments celebrates 25th anniversary with DFM bell ringing ceremony

Dubai Investments PJSC, a leading Middle East investment and a public joint stock company listed on the Dubai Financial Market (DFM) celebrated its silver jubilee anniversary, marking 25 years of investments in the region, with a bell ringing ceremony at the DFM. The bell ringing ceremony was...

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Business & Money | Monday 13 July, 2020 12:20 pm

The Diplomatic Quarter General Authority in Riyadh Inks First of Its Kind Strategic Deal with TAWAL

The Diplomatic Quarter General Authority has recently partnered with the leading integrated ICT Infrastructure service provider in the Kingdom, TAWAL, for the development of the area’s telecommunication infrastructure. The strategic partnership is first of its kind in Saudi Arabia through which...

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Business & Money | Monday 13 July, 2020 11:38 am

Moro Hub inaugurates its Smart Cities Command and Control Centre contributing to Dubai 10X initiatives

HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) has inaugurated today the Smart Cities Command and Control Centre of Moro Hub (Data Hub Integrated Solutions), a wholly-owned subsidiary of DEWA. As a Dubai 10X enabler, Moro Hub's new centre provides services...

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Business & Money | Monday 13 July, 2020 10:33 am

The Red Sea International Airport Takes Off with a Contract Award to Nesma & Partners and Almabani

The Red Sea Development Company (TRSDC), the developer behind one of the world's most ambitious tourism initiatives, has awarded its largest value contract to date for airside infrastructure works for the destination’s international airport, set to open in 2022.  The contract was...

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Business & Money | Monday 13 July, 2020 4:06 am

Mastercard’s Online Remittance Solutions supporting remitters, in Response to COVID-19

As the world is witnessing an unprecedented lockdown in recent times as a result of the COVID-19 pandemic, Mastercard has been enabling people in the MENA region to go online to transfer money faster and more securely than previously possible.  With Mastercard Cross-Border Services,...

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Business & Money | Monday 13 July, 2020 1:13 am

Saudis control 71% of key positions in private sector

Saudis hold an overwhelming majority of 71.53 percent of the total managerial positions in the Kingdom’s private sector firms, Okaz/Saudi Gazette has learned from sources.Government data showed that the number of Saudis holding key managerial positions in the private sector reached 144,450 while...

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Business & Money | Sunday 12 July, 2020 9:47 am

Amlak International allocation of shares, excess money refund, and trading to begin tomorrow Monday

NCB Capital, the Financial Advisor, Lead Manager, Bookrunner and Underwriter of Amlak International’s IPO announced the completion of the allocation of shares for individual (retail) subscribers. NCB Capital said that after closing the subscription period for the retail tranche, all receiving...

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Business & Money | Sunday 12 July, 2020 8:51 am

Inauguration of Dubai Route 2020 Metro

Alstom congratulates Dubai’s Roads and Transport Authority (RTA), on the inauguration of the Dubai Route 2020 Metro. This iconic project was ceremonially inaugurated by H. H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, and Ruler of the...

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Business & Money | Saturday 11 July, 2020 3:26 am

American Express, Discover, Mastercard and Visa to Power Global Expansion of Simple, Consistent Digital Checkout Experience

E-commerce has reached new heights around the world, as more consumers are going online to make secure, touch-free purchases across various merchants and platforms. Now, it’s more important than ever that the online checkout experience is seamless and consistent across all types of digital...

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Business & Money | Thursday 9 July, 2020 5:20 pm

Riyadh and Houston welcome innovative ideas to help urban citizens as outcomes of U20 Second Sherpa Meeting this Week

The cities of Riyadh and Houston virtually hosted the second U20 meeting of 2020 this week. The U20 mayors’ representatives – known as Sherpas –gathered to examine key policy recommendations and new content developed by three new multinational expert taskforces. These recommendations are part ...

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