Business & Money | Tuesday 29 January, 2019 3:29 am

Saudi Arabian government spending $27 billion on industry development in next two years

The Saudi Arabian government will spend $27 billion in 2019 and 2020 as part of its industrial development programme, Aabed Abdullah Al-Saadoun, Deputy Minister of Energy, Industry and Mineral Resources said on Monday. The programme is offering investment opportunities in mining, industry,...

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Business & Money | Tuesday 29 January, 2019 1:22 am

37 pacts worth SR235bn signed

Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, oversaw the signing of some 37 agreements worth SR235 billion ($63 billion) on the sidelines of the National Industrial Development and Logistics Program (NIDLP) here on Monday. Agreements included largescale deals in the...

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Business & Money | Monday 28 January, 2019 3:39 pm

Experts Discuss Role of Data in Driving Sustainable Growth at 3rd Annual UAE Public Policy Forum

A panel of experts explored the role of data in driving sustainable growth, as well as the challenges it poses, on day two of the 3rd UAE Public Policy Forum, organised by the Mohammed Bin Rashid School of Government (MBRSG) in collaboration with the Federal Competitiveness and Statistics...

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Business & Money | Monday 28 January, 2019 2:53 pm

SIPCHEM Awarded Saudi Customs Certification as Authorized Economic Operator

Saudi International Petrochemical Company (SIPCHEM) has been awarded yesterday by the Saudi Customs Authority as an Authorized Economic Operator (AEO). The certificate were received at a ceremony in Riyadh hosted by H.E. Ahmad Al-Hakbani, Governor of the General Customs Authority and attended by ...

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Business & Money | Monday 28 January, 2019 2:01 pm

Ducab Partners With Uae Renewables Pioneer, Almaden Emirates Fortune Power Llc

Ducab’s role in the development of the region’s solar power sector is growing, through the company’s new partnership with solar business developer and manufacturer, Almaden Emirates Fortune Power LLC (AEFP), a joint venture between Emirates Fortune Group and Almaden Mena...

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Business & Money | Monday 28 January, 2019 1:16 pm

ADNOC Signs Landmark Strategic Partnership Agreements with Eni and OMV in Refining and Trading

The Abu Dhabi National Oil Company (ADNOC) signed, today, two new strategic equity partnerships with Eni and OMV covering both ADNOC Refining and a new trading joint venture, which will be jointly established by the three partners. The signing of the agreements was witnessed by His Highness...

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Business & Money | Monday 28 January, 2019 12:49 pm

MENA could issue over USD 80 billion of debt in 2019, inflows to accelerate

MENA fixed income instruments provided a relative oasis of calm against volatile market moves in 2018. MENA hard currency bond and Sukuk issuance reached USD 84 billion in 2018, with demand for new issues remaining high as regional debt was oversubscribed 2x -2.5x, according to a white paper by...

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Business & Money | Monday 28 January, 2019 11:00 am

Canon Saudi Arabia highlights commitment to print innovation in the Kingdom at Saudi Print and Pack 2019

Canon Saudi Arabia (CSA) is showcasing its extensive range of innovative print solutions at the 16thedition of Saudi Print and Pack, from the 27thto the 30thof January at Jeddah Center for Forums and Events. At the first event since formally establishing direct operation in Saudi, Canon Saudi...

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Business & Money | Monday 28 January, 2019 3:00 am

Pantheon Development Launches New Urban –style Project “elysee”

Conveniently located in District thirteen of Jumeirah Village Circle (JVC), Pantheon Development launched its second project named “Pantheon Elysée” valued at AED200 million with a sleek, modern aesthetic design, that is preferred by many urbanites. Mr Kalpesh Kinariwala,...

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Business & Money | Monday 28 January, 2019 2:19 am

Bayt.com Poll: Eight in 10 Professionals Choose their Jobs Based on the Company’s Management Style

A new poll conducted by Bayt.com – the Middle East’s #1 Job Site –titled What Makes the Ideal Manager in the Middle East,revealed that a whopping 81% of Middle East professionals choose jobs based on the company’s management structure and style. Most respondents (80%)...

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