Business & Money | Wednesday 22 April, 2020 2:13 am

Visa introduces ‘Visa Secure’ – a new program for frictionless payments and improved online experience

Visa Inc. (NYSE: V), the world leader in digital payments, introduced Visa Secure (previously known as Verified by Visa), an updated program to help make online payments more secure. Available across the Central and Eastern Europe, Middle East and Africa (CEMEA) region, Visa Secure...

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Business & Money | Wednesday 22 April, 2020 12:44 am

Coronavirus measures should not disrupt global food supply: G20 agriculture ministers

Agriculture and food ministers from the Group of 20 countries under the presidency of Saudi Arabia held a virtual meeting on Tuesday to discuss challenges to global food supply in the wake of coronavirus outbreak.The ministers underscored the need to work together to maintain global food supply...

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Business & Money | Tuesday 21 April, 2020 1:00 pm

Moro Hub Reinforces Commitment to Customers as DESC Certified Cloud Service Provider

Moro Hub (Data Hub Integrated Solutions LLC), a wholly-owned subsidiary of Dubai Electricity and Water Authority (DEWA), has announced that it is now a Dubai Electronic Security Center (DESC) certified Cloud Service Provider (CSP) in the UAE.  DESC has developed a CSP Security Standard,...

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Business & Money | Tuesday 21 April, 2020 2:44 am

Saudi Customs Postpones Payment of Due Customs Fees on the Imported Goods

The Saudi Customs has postpones the payment of due customs fees on the imported goods to the Kingdom with no condition of any guarantees for low-risk importers.This step came within the initiatives launched by the wise leadership to mitigate financial and economic implications on the private sector ...

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Business & Money | Monday 20 April, 2020 2:14 pm

Empower becomes the first District Cooling company in the region to launch e-registration

Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, has become the first district cooling company in the region to launch e-registration for its customers. The new online registration service enables new registrants and customers to...

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Business & Money | Monday 20 April, 2020 1:59 pm

Apicorp General Assembly Ratifies A Landmark Callable Capital Increase To Usd8.5 Billion, Demonstrating Strong Shareholder Support And Long-term Commitment

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today that its General Assembly ratified a landmark increase in callable capital to USD8.5 billion at its Annual General Meeting (AGM), as well as a significant...

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Business & Money | Monday 20 April, 2020 1:57 pm

Mashroat signs MoUs with Ministry of Transportation and National Water Company

The National Project Management, Operation, and Maintenance Organization in Public Entities (Mashroat) recently signed Memorandums of Understanding (MoUs) with the Ministry of Transportation and the National Water Company (NWC) as part of the government’s ongoing program to standardize operation...

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Business & Money | Monday 20 April, 2020 1:44 pm

Department of Municipalities and Transport: 10% Increase in Building Permits Issued During Q1 2020 to reach 2563

The Department of Municipalities and Transport announced that the number of building permits issued by its subsidiaries in the first quarter of this year increased by 10% in comparison to the same period last year to reach 2563 permits for buildings in various vital sectors. According to the...

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Business & Money | Sunday 19 April, 2020 9:50 pm

KPMG urges companies to improve cashflows during COVID-19 era

Short-term cashflow challenges threaten survival of some businesses   Operating cashflow challenges in the short term are creating major challenges for many  businesses, as the COVID-19 pandemic creates unprecedented levels of disruption and uncertainty on a local and global...

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Business & Money | Sunday 19 April, 2020 5:26 pm

Medical check-ups rolled out for over 10,000 RAKEZ labours

Ras Al Khaimah Economic Zone (RAKEZ) has recently carried out 10,000 medical check-ups for labours in working from RAKEZ industrial zones. The check-ups took place inside clients’ facilities and labour accommodations within the sites. This ongoing initiative is being conducted in collaboration...

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