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...

More Details

Technology & IT | Wednesday 18 March, 2020 5:51 am

Acer delivers solid double-digit growth in 2019 across the Middle East

Acer Middle East, today announced its consolidated 2019 financial results highlighting strong performance across key segments in the Middle East. Acer’s sell-in revenue grew 29% in the UAE and 64% in the Gulf countries including Kuwait, Oman and Bahrain. Key attributes for this...

More Details

Healthcare | Wednesday 18 March, 2020 3:47 am

AbCellera and Lilly to Co-develop Antibody Therapies for the Treatment of COVID-19

AbCellera and Eli Lilly and Company (NYSE: LLY) announced today they have entered into an agreement to co-develop antibody products for the treatment and prevention of COVID-19, the disease caused by the SARS-CoV-2 novel coronavirus. The collaboration will leverage AbCellera’s rapid pandemic...

More Details

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...

More Details

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 ...

More Details

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...

More Details

Technology & IT | Wednesday 18 March, 2020 1:07 am

Nokia C2 - the most accessible 4G Nokia smartphone yet

HMD Global, the home of Nokia phones, today announces the Nokia C2, bringing long lasting entertainment and creative photography to fans, combined with 4G connectivity at the most affordable price point for a Nokia phone. The Nokia C2 comes with a large 5.7” HD+ screen, a front facing camera...

More Details

Cars & Autos | Tuesday 17 March, 2020 3:15 pm

With only nine months to go, new “Extreme E” racing series is gearing up for take off

Continental special tyres for the E-racing ODYSSEY 21 race car    Tyre developers and test drivers are working under time pressure The racing series launches in January 2021 Second race to be held in Saudi Arabia   In January 2021, a spectacular new off-road racing...

More Details

Tourism & Hospitality | Tuesday 17 March, 2020 2:35 pm

Nikki Beach Resort & Spa and Nikki Beach Club Dubai UAE Resident Offerings

     Nikki Beach is offering UAE residents the ultimate deals for daycations. Guests are able to enjoy a luxury offering where they can experience elements of music, dining, entertainment, fashion, film and art all in one. With a beach club and resort complementing one another, ...

More Details

Government | Tuesday 17 March, 2020 1:40 pm

ZonesCorp Attracts over AED350 Million in Investments since Early-2020

New investments spread over total area of ​​260,000 square meters, serve plastic, automotive, oilfield services ZonesCorp attracts AED73 billion in investments since inception, AED15 billion invested in workers’ residential cities development ZonesCorp, the largest operator...

More Details