Business & Money | Tuesday 25 February, 2020 4:30 am

Marakeb Technologies And Fincantieri Sign Mou For Unmanned Technology Collaboration

Marakeb Technologies, a leading autonomous technology provider, and Fincantieri, one of the world’s largest shipbuilding groups, signed a Memorandum of Understanding in order to explore global collaboration opportunities in the field of autonomous technology. The agreement was signed by Basel ...

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Business & Money | Tuesday 25 February, 2020 1:05 am

SGBF Mission Aligned with Lessons Learned for Sustainable Paths

The Saudi Green Building Forum (SGBF) delegation concludes its attendance at the 58th session of the United Nations Commission for Social Development (CSocD58), which addressed affordable housing and social protection systems to address global homelessness. SGBF has aligned our mission with lessons ...

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Business & Money | Tuesday 25 February, 2020 12:35 am

Majid Al Futtaim Reports Increased Revenue and EBITDA in 2019

Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has announced its audited operational and financial results for 2019, highlighting a revenue increase of 1% year-on-year to AED35.2 billion. Solid operational...

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Business & Money | Monday 24 February, 2020 5:53 pm

H.E. Engineer Mansour Abdullah Al-Shathri, Vice Chairman of Riyadh Chamber opens Automechanika Riyadh 2020

H.E. Engineer Mansour Abdullah Al-Shathri, Vice Chairman of Riyadh Chamber, today opened Automechanika Riyadh, the biennial Saudi edition of the world’s most successful automotive aftermarket trade fair, with key international players focusing their sights on a resurgent local market...

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Business & Money | Monday 24 February, 2020 5:49 pm

Saudi ARAMCO Signs Agreement with Advanced Electronics Company

Saudi ARAMCO and the Advanced Electronics Company (AEC) signed an agreement for the joint development and manufacturing of the data diode, the first-of-its-kind cybersecurity device in the Kingdom. The agreement took place in conjunction with the 5th edition of the In-Kingdom Total Value Add...

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Business & Money | Monday 24 February, 2020 12:45 pm

Saudi Arabia’s entertainment-led developments continue to drive forward the Kingdom’s real estate industry in 2020

Saudi Arabia’s real estate industry continues to be well-positioned to benefit from the growth of the Kingdom’s entertainment industry and new major entertainment-led projects. These and other initiatives are aimed at positioning the country as a global hub for leisure, tourism and...

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Business & Money | Monday 24 February, 2020 12:43 pm

Nakheel receives Excellence in GIS Implementation award for new IT business application

Master developer Nakheel has received an Excellence in GIS Implementation accolade at the 2020 EGI Awards for a new enterprise software application that simplifies the customer experience, enhances efficiency and helps the environment.  The IT programme, which won the Enterprise Real...

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Business & Money | Monday 24 February, 2020 11:36 am

Al Mal Capital PSC voted ‘UAE Asset Manager of the Year’ at Mena Fund Manager Performance Awards for second year in a row

Al Mal Capital PSC, a subsidiary of Dubai Investments and a diversified, multi-line investment institution, was awarded with the 2020 ‘UAE Asset Manager of the Year’ award for the second consecutive year at the annual Mena Fund Manager Performance Awards.    The annual...

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Business & Money | Monday 24 February, 2020 11:28 am

SAE Institute partners with NOMAD to drive career opportunities for UAE’s young creative talent

SAE, the world’s leading educator in creative media fields today has revealed signing a strategic Memorandum of Understanding (MoU) with NOMAD, Al Ahli Holding Group’s entrepreneurial ecosystem and community platform venture, to facilitate the growth of UAE’s local and...

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Business & Money | Monday 24 February, 2020 11:26 am

G20 Finance Ministers and Governors of the Central Banks Issue Final Communique

After signs of stabilization at the end of 2019, global economic growth is expected to pick up modestly in 2020 and 2021. The recovery is supported by the continuation of accommodative financial conditions and some signs of easing trade tensions. However, global economic growth remains slow and...

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