Business & Money | Thursday 19 March, 2020 12:28 am

SAMA: stop freezing customer bank accounts for three cases

Saudi Arabian Monetary Authority "Sama" announced the issuance of its decision to suspend the freezing of clients' bank accounts for a period of (30) days, according to specific cases. This step is attached to the instructions issued by the institution regarding regulating the work...

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Business & Money | Wednesday 18 March, 2020 3:31 pm

Dubai Investments rolls out measures to help combat COVID-19

In response to the global outbreak of the Coronavirus (COVID-19) and in line with precautionary measures adopted and implemented by the government, Dubai Investments, the leading, diversified investment company listed on the Dubai Financial Market, has committed to supporting the government...

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Business & Money | Wednesday 18 March, 2020 3:24 pm

Consul Generals of Indonesia and Thailand visit Ras Al Khaimah to explore potential economic cooperation

HH Sheikh Ahmed bin Saqr Al Qasimi, Chairman of Ras Al Khaimah Economic Zone (RAKEZ), has recently welcomed HE Ridwan Hassan, Consul General of Indonesia to the United Arab Emirates (UAE) during his visit to Ras Al Khaimah and RAKEZ to discuss ways on boosting the economic relationship between...

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Business & Money | Wednesday 18 March, 2020 12:30 pm

Ma’aden achieves ISO 55001 and ISO 31000 certifications at two of its major complexes

Saudi Arabian Mining Company (Ma’aden) subsidiary Ma’aden Phosphate Company (MPC) has received the ISO Asset Management System (ISO 55001) and ISO Risk Management System (ISO 31000) certifications for its two major complexes, the Integrated Fertilizer Production Complex in Ras Al Khair...

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Business & Money | Wednesday 18 March, 2020 12:21 pm

Director General of Dubai Customs hails precautionary procedures at Al Maktoum International Airport

As part of his regular tours of inspection to different customs centers and departments, Ahmed Mahboob Musabih, Director General of Dubai Customs visited Al Maktoum International Airport. He applauded the advanced procedures taken to detect coronavirus cases at Al Maktoum International Airport ...

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Business & Money | Wednesday 18 March, 2020 11:32 am

XTOUCH appoints National Store as an authorized distributor for UAE

Dubai- headquartered leading mobile phone brand, XTOUCH has today announced that it has signed a partnership agreement with National Store to enhance the retail presence of XTOUCH brand in the United Arab Emirates.   For past 50 years, National Store has been in the forefront...

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Business & Money | Wednesday 18 March, 2020 9:51 am

Abu Dhabi Securities Exchange (ADX) Reduces the Daily Maximum Decline of Shares to 5%

In line with SCA ‘Securities and Commodities Authority’  The Abu Dhabi Securities Exchange (ADX) decided to reduce the maximum daily decline percentage for the shares of companies listed on ADX from 10% to 5%, from the previous closing price per session. This decision is...

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Business & Money | Wednesday 18 March, 2020 3:12 am

Amaala Appoints Hks Architects Master Planner Of Triple Bay And The Coastal Development

AMAALA, the ultra-luxury destination located along Saudi Arabia’s northwestern coastline, has announced the appointment of international design firm HKS Architects as Master Planner for Triple Bay and The Coastal Development. Set in the Prince Mohammed bin Salman Nature Reserve, AMAALA will...

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Business & Money | Wednesday 18 March, 2020 2:50 am

Talabat rolls out contactless and cashless delivery for customer and rider safety

Talabat, the region’s leading food delivery platform, is today rolling out contactless delivery for anyone placing and paying for orders online.   This initiative has been developed for rider and customer safety, and to enable this automatically, the customer will need to choose an ...

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Business & Money | Wednesday 18 March, 2020 2:01 am

The Saudi G20 Presidency is Convening an Extraordinary Leaders’ Summit

The Saudi G20 Presidency is communicating with G20 countries to convene an extraordinary virtual G20 Leaders’ Summit next week to advance a coordinated response to the COVID-19 pandemic and its human and economic implications. The G20 will act, alongside international organizations, in any...

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