Business & Money | Sunday 12 April, 2020 11:36 am

Emirates NBD launches contactless export trade collections capability

As part of its ongoing digitisation strategy, Emirates NBD, a leading bank in the region, has further enhanced its trade portal, smartTRADE, by introducing smartCollections, a new service that enables completely contactless processing of Export Collections. This new digital service aligns with the...

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Business & Money | Sunday 12 April, 2020 11:02 am

Emicool starts testing its Command Control Centre, controls plants remotely

Emirates District Cooling (Emicool) LLC, a leading district cooling service provider in the region and a wholly-owned subsidiary of Dubai Investments, has commenced testing its Command Control Centre (CCC), which provides operations and performance data from all its district cooling plants. The...

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Business & Money | Saturday 11 April, 2020 11:22 am

G20 supports EMPOWER Alliance

The Saudi G20 Presidency organized the inception meeting of the Private Sector Alliance for the Empowerment and Progression of Women’s Economic Representation (EMPOWER). Saudi Arabia's G20 Sherpa gave the opening remarks in which he welcomed the members and expressed strong support of...

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Business & Money | Friday 10 April, 2020 8:35 am

Agencies affirm Kingdom’s strong credit rating and predict stability despite global crisis

Saudi Arabia’s latest credit ratings, announced by international agencies on Thursday, affirmed the continued strength and resilience of the Kingdom’s economy in the face of the coronavirus crisis. Fitch Ratings set the long-term credit rating at “A,” with a stable...

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Business & Money | Friday 10 April, 2020 6:29 am

Learning @ Home with Girls4Tech™ Connect

Mastercard has extended access to its signature Science, Technology, Engineering and Mathematics (STEM) curriculum, Girls4Tech™, through a suite of new online, creative educational resources. The program has been designed to help parents and teachers engage and inspire kids, ages...

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Business & Money | Thursday 9 April, 2020 2:26 am

GROHE brand adjusts production across Europe amidst coronavirus crisis

GROHE, a leading global brand for full bathroom solutions and kitchen fittings, has implemented a next step in taking action to protect its employees across the European manufacturing sites.    For its three German manufacturing sites, production schedules and set ups were adjusted...

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Business & Money | Wednesday 8 April, 2020 2:05 pm

ADDED announces ‘Abu Dhabi Local Content’ program to cover 1,244 government tenders worth AED 15 billion

The Industrial Development Bureau (IDB) of the Abu Dhabi Department of Economic Development (ADDED) has announced that the ‘Abu Dhabi Local Content’ (ADLC) program will cover more than 1,244 government tenders worth AED 15 billion. The tenders were submitted by government and...

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Business & Money | Wednesday 8 April, 2020 12:32 pm

AdColony Reveals What Consumers in the Middle East Expect From Brands During COVID-19

For the past three months, the COVID-19 outbreak has radically changed people’s daily lives and preferences around the world. Across the globe, people are being encouraged to stay at home in order to ensure their health and safety. As the Coronavirus pandemic continues to grow, technology...

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Business & Money | Wednesday 8 April, 2020 11:16 am

Dubai Investments Park rolls out disinfection drive supplementing Dubai Municipality sterilization initiatives

Dubai Investments Park [DIP], the unique integrated commercial, industrial & residential community in the Middle East, wholly-owned by Dubai Investments PJSC, initiated a disinfection drive across all common areas in Dubai Investments Park zones, supplementing Dubai Municipality sterilization...

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Business & Money | Wednesday 8 April, 2020 4:28 am

Visa Foundation Commits $210 Million to Support Small and Micro Businesses and Immediate COVID-19 Emergency Relief

The Visa Foundation today announced a commitment of two programs totalling $210 million to support small and micro businesses, aligning with the Foundation’s long-term focus on women’s economic advancement and inclusive economic development, and to address an urgent need from local...

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