Business & Money | Sunday 20 October, 2019 2:14 am

UAE’s Food Security Office Announces Plans to Support the Committee’s Programmes

Her Excellency Mariam Almheiri, Minister of State for Food Security, witnessed the UAE’s announcement to cooperate with the UN’s Committee on World Food Security by offering financial support to achieve the committee’s objectives for 2020-2023, in coordination with the UN’s...

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Environment & Energy | Sunday 20 October, 2019 1:54 am

Saudi Aramco announces updated gasoline prices for fourth quarter of 2019

Saudi Aramco announced that the updated gasoline prices starting from 20 October 2019 will be as follows: (Gasoline 91: 1.50 riyals per liter), and (gasoline 95: 2.05 riyals per liter) during the current quarter October - December 2019. The prices of the previous quarter during the months of July ...

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Technology & IT | Sunday 20 October, 2019 1:38 am

Huawei Announces Q3 2019 Business Results

Huawei today announced its business results for the third quarter of 2019. During the first three quarters of this year, Huawei generated CNY610.8 billion in revenue, an increase of 24.4% year-on-year. The company's net profit margin in this period was 8.7%.[1] Huawei has maintained its...

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Business & Money | Sunday 20 October, 2019 1:00 am

Saudi Arabia will utilize space sector as peaceful scientific field, says Prince Sultan

The chairman of the Saudi Space Commission (SSC), Prince Sultan bin Salman, said that the Kingdom is proud to establish a national space commission, with the support of King Salman for the importance of this large sector in transforming scientific, technical and economic fields in the...

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Business & Money | Sunday 20 October, 2019 12:16 am

Nestlé reports nine-month sales for 2019

 Mark Schneider, Nestlé CEO:    “We are pleased with our nine-month results and have made further progress towards our 2020 financial goals. We continue to see good momentum in our largest market, the United States and very strong growth for Purina PetCare...

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Technology & IT | Saturday 19 October, 2019 2:29 pm

Chinese tech firm Huawei to Donate Equipment to AURAK

Chinese tech giant Huawei is to donate equipment to the American University of Ras Al Khaimah (AURAK) to set up the first Huawei ICT Academy in the United Arab Emirates. Representatives of Huawei visited the AURAK campus to initial the agreement and met the university’s...

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Business & Money | Saturday 19 October, 2019 1:26 pm

Abu Dhabi Maritime Academy and ADNOC Logistics & Services, Sign MoU to Offer Cadetships to Emirati Students

Abu Dhabi Maritime Academy, an Abu Dhabi Ports company, has signed a Memorandum of Understanding (MoU) with Abu Dhabi National Oil Company’s marine and logistics subsidiary, ADNOC Logistics & Services (ADNOC L&S), to offer cadetships to Emirati students, enrolled at the Academy, with...

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Technology & IT | Saturday 19 October, 2019 12:21 pm

“We need to work together to make the most of 5G,” says Huawei Deputy Chairman

At the 10th annual Mobile Broadband Forum, Huawei Deputy Chairman Ken Hu outlined the current status of 5G development around the world. In addition to highlighting the value 5G has already brought to consumers and industries in early adopter countries, he also delved into the importance of...

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Business & Money | Saturday 19 October, 2019 11:23 am

WCO delegation visits Dubai Customs and views latest practices

A high level delegation from The World Customs Organization visited Dubai Customs to learn about the business processes and practices applied by the Customs administration, which are considered among the best in the world.  The delegation, headed by Ricardo Treviño Chapa,...

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Business & Money | Saturday 19 October, 2019 11:19 am

Mastercard and Saudi Payments explore future of payments at Saudi eCommerce Forum 2019

Mastercard, in collaboration with Saudi Payments, recently hosted the Mastercard Saudi eCommerce Forum 2019. The event brought together key players and innovators in the Saudi financial sector to discuss the latest global and regional eCommerce market dynamics and the global growth trends that are...

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