Business & Money | Sunday 26 April, 2020 11:16 am

Ajman Transport Authority links digital services with Ajman Pay

As part of its efforts to improve its efficiency of services provided to the public, Ajman Transport Authority announced that it has linked its digital services with Ajman Pay. This is an important initiative to improve the quality of services and provide multiple payment channels and options that...

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Business & Money | Sunday 26 April, 2020 11:07 am

Sharjah Publishing City Free Zone customers exempt from paying facility rent, April – June

Free zone announces comprehensive COVID-19 economic relief packages Here’s some encouraging news for all companies operating out of the Sharjah Publishing City Free Zone (SPCFZ). In addition to waiving off an entire quarter’s worth of rent for those businesses that occupy fixed offices on...

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Business & Money | Sunday 26 April, 2020 6:11 am

‘Innovate for a green future’ ... a theme for World Intellectual Property Day

The member states of the World Intellectual Property Organization (WIPO) celebrate the World Intellectual Property Day (World IP Day), which is observed on April 26 each year. The World IP Day aims at educating society on intellectual property (IP), promoting IP role in encouraging creativity and...

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Business & Money | Sunday 26 April, 2020 5:19 am

Social Development Bank Launches Online Portal for Government's Bodies

The Social Development Bank launched an online portal for governmental bodies, in line with shifting into digitally-oriented transformation, in sorting out procedures to deal with funding individual employees of government's departments, making it a fully operating e-portal, working without using...

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Business & Money | Sunday 26 April, 2020 1:13 am

SAL launches state-of-the-art facilities at KKIA

Saudi Arabian Logistics (SAL) has moved some of its services to the newly launched facilities at King Khalid International Airport (KKIA). This comes in line with SAL new operational plan aiming to enhance ground-handling services and streamline the cargo acceptance procedures through the...

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Business & Money | Friday 24 April, 2020 11:41 am

Closure of April 2020 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

The Ministry of Finance announces that it has closed the April 2020 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 5.550 billion.The Sukuk issuances were divided into two tranches as follows:The first tranche has a size of SAR 1.300...

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Business & Money | Friday 24 April, 2020 11:33 am

Mohammed bin Rashid School of Government Holds Live Instagram Sessions Exploring the Post-COVID-19 Economy and Health Policies During and After Epidemics

The Mohammed bin Rashid School of Government (MBRSG) – the first research and teaching institution focusing on governance and public policy in the Arab world – held two remote sessions exploring the post-COVID-19 economy, as well as health policies during and after epidemics. The...

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Business & Money | Friday 24 April, 2020 2:16 am

Bahri’s net profit soars 134% in first quarter despite COVID-19 challenges

Bahri, a global leader in logistics and transportation, on Wednesday reported strong growth in net profit during the first quarter of 2020 despite challenges posed by the global COVID-19 pandemic. The increase in quarterly earnings was driven by a significant improvement in the performance of the...

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Business & Money | Friday 24 April, 2020 1:55 am

Johnson Controls Delivers Mission Critical ‘Essential Products, Services and Personnel’ During Ongoing COVID-19 Pandemic

Johnson Controls Chairman and CEO, George Oliver, reaffirmed that the Company is delivering ‘essential products, services and personnel’ during the COVID-19 pandemic. “At times like these, it is critically important to reach out and let people know that we are here and that we continue to...

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Business & Money | Friday 24 April, 2020 1:13 am

SAMI appoints Walid Abukhaled as acting CEO

The Board of Directors of Saudi Arabian Military Industries (SAMI) announced the appointment of Eng. Walid Abukhaled as acting CEO to oversee the company’s operations starting from April 23, 2020, until further notice. Eng. Abukhaled will be taking over from Dr. Andreas Schwer who served as CEO...

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