Business & Money | Tuesday 5 May, 2020 2:49 am

SAMA affirms commitment to exchange rate policy of pegging Saudi riyal to US dollar strategic choic

Saudi Arabian Monetary Authority (SAMA) today affirms its commitment to its exchange rate policy of pegging the Saudi riyal to the US dollar as a strategic choice that has supported economic growth in Saudi Arabia for over three decades.In a press statement, the Saudi Arabian Monetary Authority...

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Business & Money | Tuesday 5 May, 2020 2:36 am

The ENTERTAINER business gifts clients with the ENTERTAINER during unprecedented times

The ENTERTAINER business is working hard to support its clients existing customer loyalty and employee rewards programs during the COVID-19 pandemic. Through streamlined enhancements, the ENTERTAINER business is gifting its clients with the ENTERTAINER where its employees can access delivery...

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Cars & Autos | Tuesday 5 May, 2020 1:30 am

Universal Motors Agencies Announces Exciting Ramadan Offers on Chevrolet’s 2020 line-up

Universal Motors Agencies Company (UMA), Chevrolet’s dealer partner in Saudi Arabia, is celebrating the Holy Month of Ramadan with a range of exciting offers on the brand’s 2020 line-up. Offers are available on the beloved Suburban, the fuel-efficient Malibu, the local favorite SUV Tahoe and...

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Business & Money | Monday 4 May, 2020 4:52 pm

Saudi Industrial Development Fund Digitally Transforms to Boost SAR 184 Billion Industrial Market

The Saudi Industrial Development Fund (SIDF), the Kingdom’s primary financial enabler for the National Industrial Development and Logistics Program, has announced a digital transformation partnership with global technology company SAP, which has financially empowered Saudi Arabia’s industrial...

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Cars & Autos | Monday 4 May, 2020 4:46 pm

Almajdouie Motors launches “We are with you” campaign

Almajdouie Motors Company, the authorized distributor for Changan and Peugeot brands in Saudi Arabia and the official dealer of Hyundai cars in the eastern region, launched “We are with You” campaign, which is one of the largest and most significant promotional initiatives. The campaign...

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Business & Money | Monday 4 May, 2020 4:37 pm

The Zayed Sustainability Prize Extends 2021 Awards Submissions Deadline to June 11, 2020

The Zayed Sustainability Prize has announced the extension of its submissions’ deadline for the 2021 awards edition to June 11th, 2020, in efforts to accommodate its diverse international audience base throughout the ongoing global health crisis. Small-to-medium sized enterprises, non-profit ...

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Technology & IT | Monday 4 May, 2020 4:34 pm

Microsoft offers free Teams training to educators across the country

Microsoft is joining forces with its partners to give academic institutions in Saudi Arabia free half-day training in Teams to help them effectively use the technology and enable more seamless remote learning within the country.It can be challenging for the many educational institutions moving to...

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Business & Money | Monday 4 May, 2020 4:27 pm

Saudi Arabia joins coronavirus global response pledging event

As the holder of the G20 Presidency, Saudi Arabia has welcomed the global call to action to fund a universally available and affordable COVID-19 vaccination, treatment and diagnostics.Saudi Arabia will co-lead the Global Response Pledging on Monday (May 4) along with the European Union, Canada,...

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Business & Money | Monday 4 May, 2020 2:29 pm

Switzerland sets to take part in 2021 Dubai World Expo

Due the COVID-19 pandemic, a number of global events are being postponed, including Expo 2020 in Dubai. Following its meeting yesterday, the Federal Council has confirmed Switzerland’s participation in this major event, which will now be held in 2021. In light of this, the council has instructed...

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Technology & IT | Monday 4 May, 2020 4:21 am

China Mobile and Huawei Deliver World’s Highest 5G

China Mobile and Huawei have jointly taken 5G connectivity to a new height by bringing the network to the summit of Mount Everest upon the completion of the world’s highest 5G base station on the altitude of 6500 meters. Together with the launch of the Gigabit optical fibre network at the...

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