Business & Money | Thursday 8 November, 2018 4:07 pm

Actions abroad generate over US$ 160 million for footwear manufacturers

The actions carried out by the Brazilian Footwear, footwear exports promotion program developed by the Brazilian Footwear Industries Association (Abicalçados) in partnership with the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) generated US$ 162 million in 2018. The results...

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Business & Money | Thursday 8 November, 2018 3:24 pm

Successful first edition of the Saudi National Security and Risk Prevention Expo concludes

The first edition of the Saudi National Security and Risk Prevention Expo (SNSR), held in Riyadh from 4 to 6 November, was a big success, serving as a key platform to present Saudi Arabia as a leading innovation and knowledge development and exchange hub in the area of national and cyber security...

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Business & Money | Thursday 8 November, 2018 2:56 pm

BIAC shares Saudi Arabia's ambitious startup initiatives at Web Summit 2018

The Business Incubators and Accelerators Company (BIAC), a leading Saudi government company specialized in the establishment, operation and management of business incubators and accelerators, has announced its successful participation in Web Summit 2018, one of the world’s largest and...

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Technology & IT | Thursday 8 November, 2018 2:51 pm

SDC 2018: Samsung Reveals Breakthroughs in Intelligence, IoT and Mobile UX

Samsung Electronics Co., Ltd, today unveiled powerful new developer tools for its Bixby and SmartThings platforms, as well as new, powerful mobile experiences with One UI and Infinity Flex Display. To make connected living a reality, Samsung is making it easier for developers and partners ...

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Business & Money | Thursday 8 November, 2018 1:43 pm

Shaker Group announces reduced Q3 losses as optimisation measures take effect

Shaker Group (“Al Hassan Ghazi Ibrahim Shaker Co.”, the “Company” or the “Group”), Saudi Arabia’s leading importer, manufacturer and distributor of Air Conditioners and Home Appliances, has announced its financial results for the third quarter and the...

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Business & Money | Thursday 8 November, 2018 11:33 am

Sharjah Wins Top Honour for RMB 2 Billion Panda Bond At GFC Media Group Awards

The Government of Sharjah won the “Sovereign Debt Finance Deal of the Year” award at the Bonds, Loans & Sukuk Awards Middle East for the successful issuance of an RMB 2 billion, or US$ 316 million, Panda Bond. The award was presented by the leading international media organisation...

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Business & Money | Thursday 8 November, 2018 7:00 am

International Investment Bank (IIB) announces successful exit from aircraft investment, achieving 18% IRR

International Investment Bank B.S.C. (IIB), an Islamic wholesale investment bank based in the Kingdom of Bahrain, announced a successful exit from its investment in an Airbus wide-body aircraft leased to a European airline, which generated an IRR of 18%. The Bank, which is owned by major...

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Environment & Energy | Thursday 8 November, 2018 5:07 am

Heavy rain expected till Sunday

Most regions of the Kingdom will witness moderate to heavy rain from Thursday till Sunday, according to a statement of The General Authority of Meteorology and Environmental Protection. The authority has forecast that the rain would be accompanied by thunder, sandstorm and snowfall, the Saudi...

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Business & Money | Thursday 8 November, 2018 4:00 am

Innovation Centre opens in Dubai marking a new era for MENA food & beverage production industry

A new creative space in Dubai has been unveiled to mark a revolution in the way food and beverage products are packaged and delivered to customers. The Innovation and Reliability Centre (IRC) at SIG Combibloc Obeikan (SIG CBOB), one of the world’s leading suppliers of carton packaging and...

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Tourism & Hospitality | Thursday 8 November, 2018 3:52 am

Uber Eats celebrates phenomenal growth in the Kingdom by giving away meals in doubles

Having launched just six months ago, Uber Eats has rapidly established itself as the fastest and fastest growing food delivery service in the Kingdom. To mark the occasion, it today announces an unprecedented buy-one-get-one-free offer for Eaters in the country, giving away double meals during the...

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