Business & Money | Thursday 16 April, 2020 12:07 pm

MENA Mergers and Acquisition transactions totalled US$14.8 billion in Q1 2020

Refinitiv today released the 2020 first quarter investment banking analysis for the Middle East. According to the report, investment banking fees in the Middle East and North Africa reached an estimated US$188.8 million during the first quarter of 2020, up 11% from last year’s slow start, with...

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Business & Money | Thursday 16 April, 2020 11:38 am

G20 fights to save global economy from virus disaster

The world’s 20 most powerful countries unveiled a raft of measures on Wednesday to deal with the crippling effects of the coronavirus pandemic as it threatens a global slump to rival the 1930s Great Depression.“Immediate and exceptional measures” were announced by finance ministers and...

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Business & Money | Thursday 16 April, 2020 3:22 am

Geely Automotive bolsters its Corporate Social Responsibility with Cutting Edge Air Filtration Technology

n an effort to promote safety and hygiene in a time of prolonged virus threat, Geely Automotive launched the industry's first medically validated "CN95 air filter" in its vehicles’ air conditioning systems. Taking its cue from the N95 masks that are a hot commodity nowadays, the highly efficient...

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Business & Money | Wednesday 15 April, 2020 2:51 pm

Al Wathba National Insurance Company allocates AED1 Million of insurance premium discount to support UAE healthcare workers

 Al Wathba National Insurance Company (AWNIC) allocates AED1 Million of insurance premium discount to support the UAE healthcare workers as a gesture of thanks for combatting COVID-19 Al Wathba National Insurance Company (AWNIC) is offering medical sector employees a 30% discount in...

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Business & Money | Wednesday 15 April, 2020 2:29 pm

Nakheel supports Dubai’s frontline heroes

Master developer Nakheel is supplying Dubai’s frontline medical staff with 485,000 items of protective clothing as part of its ongoing pledge to support the fight against Covid-19.    The supplies have been delivered to the Dubai Health Authority for distribution among doctors ...

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Business & Money | Wednesday 15 April, 2020 1:52 pm

Cisco Recognized as one of the Kingdom’s Best Workplaces

Cisco has been identified as one of the ‘Best Workplaces in Saudi Arabia’, by Great Place to Work (GPTW) Middle East, achieving second position in this year’s list. Great Place to Work recognized 25 private and 9 public and non-profit entities in the Kingdom of Saudi Arabia, evaluating...

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Business & Money | Wednesday 15 April, 2020 10:41 am

G20 Health Ministers to Hold Virtual Meeting

G20 Health Ministers will convene virtually on April 19 to address the impact of COVID-19 on the global health sector, and society.The meeting follows the G20 Extraordinary Virtual Leaders’ Summit in March, where Ministers of Health were mandated to share national best practices and develop a set ...

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Business & Money | Wednesday 15 April, 2020 10:36 am

35 Industrial Cities, More than 3,500 Factories Are Leading Saudi Arabia’s Transformation into a Leading Industrial Power

The Saudi Authority for Industrial Cities and Technology Zones (MODON) has achieved qualitative accomplishments in a short period of time, represented in MODON's making the most of the cooperation and complementarity relations with both public and private sectors to strengthen its strategy that...

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Business & Money | Wednesday 15 April, 2020 3:00 am

Bayt.com Offers Free Job Postings to Fill Critical Roles Amidst Coronavirus

The free job postings give employers access to more than 38 million CVs Bayt.com, the Middle East's #1 job site, introduced free job postings for employers across the region, enabling them to fill frontline and critical roles that are needed today to help fight COVID-19. Organizations,...

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Business & Money | Tuesday 14 April, 2020 2:55 pm

Visa supports move in KSA to increase in PIN-free contactless transactions

In accordance with SAMA’s decision, Visa cardholders in Saudi will only be required to enter PIN for contactless transactions above SAR300; new limit is a 200% increase on previous SAR100 limitVisa is working alongside local bank partners and merchants to implement new PIN-free limit on Visa...

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