Business & Money | Tuesday 3 September, 2019 12:22 am

Saudi Arabia replaces Aramco chairman with head of PIF — Bloomberg

Saudi Arabia has named Yasir Al-Rumayyan, head of the Kingdom’s sovereign wealth fund, known as the PIF, as the chairman of state oil giant Aramco, replacing Energy Minister Khalid Al-Falih, Bloomberg reported on Monday, citing an unnamed Saudi official. Al-Falih has been removed from his...

More Details

Business & Money | Monday 2 September, 2019 12:59 pm

Alwaleed Philanthropies invests $5 million to Gavi’s INFUSE initiative

Alwaleed Philanthropies, chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz AlSaud, the global philanthropic foundation, has made a fresh commitment to preventing the spread of disease by investing a further US $5 million in its partnership with Gavi, the Vaccine...

More Details

Business & Money | Monday 2 September, 2019 3:29 am

Technology company transforming GCC laundry business set for major growth in UAE, region

The company building a thriving online marketplace for the US$3 billion laundry industry in the Gulf region today outlined its dynamic expansion plans to bring monthly growth in the UAE and international markets.   JustClean, established three years ago by Kuwaiti brothers Athbi and...

More Details

Business & Money | Monday 2 September, 2019 2:30 am

wasl progresses with the construction of its Warsan project ahead of Expo 2020

wasl properties, a subsidiary of wasl Asset Management Group, is proud to announce that construction on its Warsan project is well underway for a timely delivery for Expo 2020. The Warsan project will comprise 35 buildings in a community-style layout that when completed will provide 3,866...

More Details

Business & Money | Monday 2 September, 2019 12:35 am

Saudi Arabia’s Red Sea Project offers 120 scholarships

Saudi Arabia’s Red Sea Development Co. has announced 120 scholarships for undergraduate students, for the academic year 2019-2020. This comes as part of the “Red Sea Development Scholarship Program” held in collaboration with Prince Mugrin bin Abdul Aziz University and the...

More Details

Business & Money | Sunday 1 September, 2019 1:52 pm

ADDED issues 3,854 new economic licences in Q2 2019

The Abu Dhabi Department of Economic Development (ADDED) issued 3,854 new economic licences in second quarter (Q2) of2019, recording an increase of more than 44 per cent compared to the 2,671 commercial licences issued in the same period last year, as per the commercialactivity...

More Details

Business & Money | Sunday 1 September, 2019 5:05 am

SOUQ.com Back to School Buys That Won’t Break the Bank

Summer break is officially over and it’s that time of the year again – school supplies need restocking; new bags need to be purchased and your little one is gearing up for the next chapter of their schooling life.   In case you still need to do your school shopping, SOUQ.com...

More Details

Business & Money | Sunday 1 September, 2019 4:32 am

RTA opens Phases 3 and 4 of roads leading to Expo 2020

Roads and Transport Authority, RTA, opened on Saturday Phase 3 and Phase 4 of roads leading to Expo 2020 project with the aim of ensuring a smooth traffic flow that serves visitors and future projects in the area. Works completed included constructing intersections of Sheikh Zayed bin Hamdan Al...

More Details

Business & Money | Sunday 1 September, 2019 4:20 am

Saudi Justice Ministry completes reform project, including hiring of women notaries

The Justice Ministry has completed a number of projects in the last 12 months including the launch of e-services and the creation of notary positions for women, the Saudi Press Agency reported. Other developments from the last 12 months include the inauguration of labor courts by Minister of...

More Details

Business & Money | Sunday 1 September, 2019 3:30 am

H1 sees 20% rise in debut exhibitors at Expo Centre Sharjah

The Expo Centre Sharjah has revealed that the first half of 2019 has recorded a notable 20 percent hike in the number of companies that made their debut in the Expo Centre exhibitions. "This reflects the Expo Centre’s global reputation as a pioneering and prominent destination for...

More Details