Business & Money | Sunday 21 July, 2019 10:50 am

Saudi Arabia to set up world’s largest aircraft maintenance academy

The Saudi National Company of Aviation (SNCA) has inked a memorandum of understanding (MoU) with Lufthansa Technik to establish the largest international aircraft maintenance academy in Saudi Arabia, Saudi Press Agency (SPA) reported, citing Larry Wade, CEO at SNCA. The academy is tasked with...

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Business & Money | Sunday 21 July, 2019 10:20 am

FaceApp creates wave of opportunity for scammers on fake webs and YouTube

The latest hype around the FaceApp application has attracted scammers who want to make some quick profits, ESET research has shown. Scammers have been using a fake “Pro” version of the application as bait and have made an effort to spread the word about this fictitious version of the...

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Business & Money | Sunday 21 July, 2019 10:10 am

Amazon Ranks #1 in the Retail Industry

The retail industry increases its overall emotional connection with consumers this year, ranking #5 out of the 15 industries studied in the 2019 Brand Intimacy Report. Amazon, in particular, had a strong year, having the highest increase in ranking and leading the industry for the first time in...

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Business & Money | Sunday 21 July, 2019 9:40 am

Fines of about 18 million riyals on telecom companies

The Communications and Information Technology Commission (CITC) has imposed penalties of more than SR 18 million for STC, Etihad Etisalat and Saudi Mobile Telecommunications Company (Zain), which are supported by final rulings issued by the Board of Grievances. The Commission pointed out that STC...

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Business & Money | Sunday 21 July, 2019 8:06 am

Jordan is the fourth Arab on the cost of living index ..

  Rank a specialized global report, Jordan ranked fourth in the Arab world on the global cost of living index for the middle of this year. According to the Nambio Statistics Index, Jordan ranked 43rd globally and the fifth in the Arab world after Qatar, Lebanon and Bahrain. The index...

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Business & Money | Friday 19 July, 2019 10:52 pm

Amman's industrial exports rise 12% in half a year

Exports of the Chamber of Industry of Amman increased during the first half of this year by 12.66% compared to the same period last year 2018. According to statistical data, the Chamber's exports rose to 2.235 billion dinars during the first half of this year compared to 1.984 billion...

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Business & Money | Friday 19 July, 2019 10:20 am

Prince Sultan bin Salman Meets CEO of SpaceX

His royal Prince Sultan bin Salman bin Abdulaziz, Chairman of the Saudi Space Agency, met today with President and Chief Operating Officer of SpaceX. During the meeting, Prince Salman briefed the audience on SpaceX's development of missiles and spacecraft. The visit of HH the Chairman of the...

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Business & Money | Friday 19 July, 2019 8:57 am

Jordan leaps upward in Global Cybersecurity Index ranking

 According to the Global Cybersecurity Index (GCI) for 2018, Jordan has moved up 18 spots on the global ranking and two spots on the regional ranking. Globally, Jordan moved up from 92nd place to 74th and from 10th place to 8th place among Arab countries, according to the report, which was...

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Business & Money | Friday 19 July, 2019 12:00 am

Nestlé invents the first 70% dark chocolate made entirely from the cocoa fruit and nothing else

Nestlé has announced it has created a unique chocolate made entirely from the cocoa fruit, using the beans and pulp as the only ingredients and therefore not adding any refined sugar. Nestlé plans to introduce the first product in Japan in the autumn of this year through...

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Business & Money | Thursday 18 July, 2019 11:02 am

"Trade and Investment" allows licenses to be issued for the Eid al-Adha holiday season electronically

The Ministry of Trade and Investment announced the opening of the application window for the issuance of discount licenses for the Eid al-Adha season through the e-reduction system for the period from 28 Dhu al-Qa'da until 12 Dhu al-Hijjah, 31 July to 13 August, where shop owners and e-shops...

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