Business & Money | Wednesday 26 December, 2018 12:43 pm

Saudi women entrepreneurs share expertise in innovation

The Women in Business Network platform launched by the Small and Medium Enterprises General Authority (Monsha’at) hosted a number of women entrepreneurs in innovative fields to attend and participate in the annual RISE UP Cairo Summit 2018 that took place in downtown Cairo during the month of ...

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Business & Money | Wednesday 26 December, 2018 11:53 am

UAE ‘takes lead’ in building its position as a hub for investment and international talent

The UAE has moved ahead of other regional and overseas destinations in positioning itself as a hub for investment and international talent, say experts at STA Law Firm.   The introduction of a long-term visa system for investors, entrepreneurs, specialised talents, and researchers has...

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Business & Money | Wednesday 26 December, 2018 11:20 am

Saudi Ports Authority takes steps to boost export volume

The Saudi Ports Authority (MAWANI) has decided to reduce its terminal handling charges of import empty containers at Jubail port. It is part of MAWANI’s efforts to transform the Kingdom into a unique logistics platform in accordance with the Vision 2030. The authority has also decided to...

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Business & Money | Wednesday 26 December, 2018 9:36 am

Concrete house completed in less than 2 days

The Building Technology Stimulus Program (BTSP), under the Ministry of Housing, announced the completion of the construction of a house within a record time of two days. This was made possible by using modular or precast concrete as part of the BTSP’s plan to accelerate the home-building...

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Business & Money | Wednesday 26 December, 2018 2:00 am

International Leaders Eye Saudi’s Usd6.36bn Hvacr Market

With the HVACR market in Saudi Arabia expected to reach a value of up to USD6.36 billion by 2022, the region’s most anticipated HVACR event continues to gain interest from global industry leaders looking to invest in the Kingdom. Backed by strong support from the Saudi Standards, Metrology ...

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Business & Money | Wednesday 26 December, 2018 12:43 am

Dubai signs cooperation agreement with Shenzhen City

 His Excellency Abdulla Al Basti, Secretary General of the Executive Council of Dubai, reaffirmed the historic and long-standing relationship between the UAE and the People's Republic of China, during his recent visit to Shenzhen City.   This came during the signing of a...

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Business & Money | Tuesday 25 December, 2018 1:57 pm

thyssenkrupp fertilizer production technology wins over Saudi customer Ma’aden again

The Saudi Arabian Mining Company (Ma’aden) will use the dual-pressure ammonia process developed by thyssenkrupp Industrial Solutions in the new “Phosphate 3” ammonia plant at its fertilizer complex. As a subcontractor of the South Korean company Daelim Industrial...

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Business & Money | Tuesday 25 December, 2018 11:51 am

Dubai Shopping Festival 2019 starts tomorrow with a 12-hr sale

The 24th edition of the Dubai Shopping Festival (DSF) will open tomorrow, December 26 with a 12-hour flash sale at Mall of the Emirates and City Centres Deira, Mirdif, Me’aisem, Al Shindagha and My City Centre Al Barsha. “Majid Al Futtaim’s exclusive 12-hour sale in partnership ...

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Business & Money | Tuesday 25 December, 2018 8:12 am

Saudi Arabia’s biggest bank NCB in merger talks with rival Riyad

Saudi Arabia’s National Commercial Bank (NCB), the Kingdom’s biggest lender by assets, has begun preliminary discussions to merge with smaller rival Riyad Bank, the two lenders said on Monday. A merger would further extend NCB’s lead over its closest rivals including Al-Rajhi...

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Business & Money | Monday 24 December, 2018 3:08 pm

Imdaad’s employee welfare initiatives honored with five-star rating at Taqdeer Awards

Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets, has recently been awarded a five-star ranking at the third edition of Taqdeer Award in Dubai in recognition of the company’s...

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