Business & Money | Wednesday 8 April, 2020 1:35 am

Virtual Meeting of Extraordinary G20 Energy Ministers to Hold Next Friday

The Saudi G20 Presidency will hold an Extraordinary G20 Energy Ministers’ virtual meeting on Friday 10 April 2020 to foster global dialogue and cooperation to ensure stable energy markets and enable a stronger global economy. The G20 Energy ministers will also act, alongside invited...

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Business & Money | Wednesday 8 April, 2020 1:12 am

KPMG recommends steps to bolster cybersecurity in the COVID-19 era

The outbreak of Covid-19 poses a challenge to many businesses across the globe, also impacting information security as ill-wishing threat actors actively seek to exploit the situation. With the increasing use of remote technology and employees working from home, it is crucial that...

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Business & Money | Tuesday 7 April, 2020 2:26 pm

AED 50 million support fund allocated by RAKEZ to boost its clients’ business continuity

Ras Al Khaimah Economic Zone (RAKEZ) has launched customised bundles of incentives with a total value of AED 50 million to ease the impact of the current global situation to its family of over 15,000 companies and reinforce their business continuity. “Our clients are at the heart of...

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Business & Money | Tuesday 7 April, 2020 11:22 am

Regional FMCG importer expands retail operations with five new distribution agreements

headquartered Truebell, a leading GCC importer of fast-moving consumer goods (FMCG), has announced the expansion of its home and personal care category following the signing of five new distribution agreements.  The retail and food services division of the company has entered into...

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Business & Money | Tuesday 7 April, 2020 10:20 am

Al Fahim Group and Groupe PSA collaborate to launch Opel in Dubai and Northern Emirates

Al Fahim Group, one of UAE’s most successful family businesses, recently held a signing ceremony with Groupe PSA to collaborate and deliver on the joint vision of business expansion and growth by acquiring the exclusive distribution of Opel vehicles in Dubai and the Northern Emirates. The...

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Business & Money | Tuesday 7 April, 2020 5:43 am

Mastercard champions safe and secure payment transactions in Middle East & Africa with increase to contactless payment limits

Mastercard announced today that it is championing efforts to increase contactless payment limits across the Middle East and Africa (MEA) region as people look for safer ways to pay in the wake of the COVID-19 pandemic. The initiative is in line with recommendations from global and regional health...

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Business & Money | Tuesday 7 April, 2020 3:08 am

ADDED urges local business sector to practice digital commerce by obtaining an 'e-commerce' license or listing it as an additional activity on existing licenses

The Abu Dhabi Department of Economic Development (ADDED) is calling on members of the local business sector to make full use and advantage of the e-commerce license initiative that has been made available since its launch in December 2017. The move falls in line with the Abu Dhabi...

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Business & Money | Monday 6 April, 2020 2:31 pm

SAGO calls on Saudi investors abroad to supply 355,000 tons of wheat

Saudi Grains Organization (SAGO) has called on Saudi investors abroad to supply 355,000 tons of wheat. SAGO Governor Engineer Ahmed bin Abdulaziz Al-Faris pointed out that the quantity will be supplied during the period (May-November 2020) according to the harvest time in invested countries and...

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Business & Money | Monday 6 April, 2020 12:54 pm

Emirates NBD and Emirates Islamic jointly contribute AED 4 million to UAE Ministry of Education

Emirates NBD and Emirates Islamic have contributed AED 4 million (from their Charity Fund) to the UAE’s Ministry of Education in support of its online and distance learning initiatives launched for all UAE schools during the ongoing COVID-19 pandemic.   The contribution will help...

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Business & Money | Monday 6 April, 2020 12:51 pm

SADAFCO Provides Health Endowment Fund 10 SAR Million in Cash and Food Products to Combat COVID-19

As waves of the social and economic impact of COVID-19 are felt across the world and as part of their commitment to mitigating the effect of the virus, in a bid to support the health services in coping with heightened demand, Saudia Dairy and Foodstuff Company (SADAFCO), announced a commitment ...

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