Business & Money | Sunday 15 March, 2020 4:11 pm

Armela Farms Brings a Simply Fresh Perspective to the United Arab Emirates

Armela Farms is the leading expert in hydroponic farming and largest producer of water-grown lettuce in the United Arab Emirates, with a current production capacity of 1.6 million lettuce heads – the equivalent of 330 tonnes per year. As an innovator in the large-scale commercial...

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Business & Money | Sunday 15 March, 2020 3:43 pm

Sidra Usd Mutajara Fund Distributes Q4 Dividends 
And Achieves 6% Distribution In 2019

Sidra Capital has announced the Q4 dividends for its CMA-licensed US Dollar Sidra Mutajara Fund with total returns amounting 6% in 2019. “Our USD 35 million Mutajara Fund invests mainly in trade finance contracts with the goal of generating sustainable, above benchmark returns. Offering...

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Business & Money | Sunday 15 March, 2020 3:27 pm

Savola Group Organizes an Event to Empower Saudi Productive Families

In line with the Kingdom's 2030 Vision, and the company's commitment to an active social engagement strategy underlining its interest in community initiatives, and under the slogan "One Family", Savola Group sponsored and supported Saudi productive families in an event to empower...

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Business & Money | Sunday 15 March, 2020 2:47 pm

Farnek first FM firm to receive Dubai Chamber Advanced CSR Label

Leading UAE-based technology and sustainability-driven facilities management (FM) company Farnek, has been awarded the Dubai Chamber Advanced CSR Label, the first FM company to achieve the accolade, during a ceremony at the Dubai Chamber of Commerce and Industry headquarters.   To...

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Business & Money | Sunday 15 March, 2020 2:41 pm

Food People builds bridges across the Middle East F&B industry

Food People recently hosted their fourth F&B Leaders Dinner at Folly by Nick & Scott in the UAE. This event brings together industry leaders and professionals in order to discuss opportunities and challenges posed by the dynamic food & beverage industry, both regionally and globally....

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Business & Money | Sunday 15 March, 2020 2:35 pm

FedEx Express MEISA President Signs CEO Statement of Support for Women's Empowerment Principles

FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company announced that Jack Muhs, Regional President of FedEx Express for the Middle East, Indian Subcontinent and Africa region, has signed the CEO statement of support for the Women’s ...

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Business & Money | Sunday 15 March, 2020 2:32 pm

KPMG: Saudi Arabia’s banking sector resilient despite economic headwinds

KPMG, a leading provider of audit, tax and advisory services, released the first edition of its Kingdom of Saudi Arabia Banking Perspectives 2020 report, and based on the evaluation of the key financial indicators suggested a positive outlook for the banking...

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Business & Money | Sunday 15 March, 2020 2:21 pm

Council of Saudi Chambers is umbrella of business sector and chambers of commerce in the Kingdom

The Council of Saudi Chambers is considered the umbrella of the Saudi business sector and the chambers of commerce in the Kingdom of Saudi Arabia, works to represent their interests locally and internally, achieves their goals and serves the Saudi economy. The Council takes care of the common...

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Business & Money | Sunday 15 March, 2020 4:13 am

SAMA Announces SR 50 Billion Program to Support Private Sector Financing in Fighting Coronavirus

The Saudi Arabian Monetary Authority (SAMA) announced preparing a SR 50 billion program to support the private sector for enabling it to play its role in promoting economic growth through a package of measures including the following: First: To support financing of small and medium...

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Business & Money | Saturday 14 March, 2020 2:57 pm

Al Tayer approves initiatives to improve drivers and vehicles licensing services

His Excellency Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has endorsed a package of improvements of drivers licensing and training as well as vehicle testing services. Improvements aim to uplift the level of...

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