Business & Money | Thursday 2 July, 2020 9:52 am

Disrupting your garage, Kuwaiti style

Two Kuwaitis are on track for the 2020 launch of a disruptive garage services app that pairs consumers with towing services, car washes and rental companies. KUWAIT CITY | Keith J Fernandez Price gouging is an all-too-familiar story in many markets. When Mohammed Abdulmoula’s car broke...

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Business & Money | Thursday 2 July, 2020 6:14 am

Alwaleed Philanthropies, ICESCO Sign MoU to Help 10 African Countries on Fighting COVID-19

Alwaleed Philanthropies, chaired by Prince Alwaleed bin Talal, and the Islamic World Educational, Scientific and Cultural Organization (ICESCO) signed a memorandum of understanding (MoU) on the phases and programme related to implementing their joint initiative to help 10 countries to curb the...

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Business & Money | Thursday 2 July, 2020 3:12 am

GAMI Announces New Armored Military Vehicle Production

The General Authority for Military Industries (GAMI) announced the signing of a contract to manufacture and localize of new armored military vehicles under the name "Ad-Dahna" between the General Directorate of Border Guard and the Military Industries Corporation.The contract signing ceremony was...

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Business & Money | Wednesday 1 July, 2020 5:17 pm

Zahid Tractor Company achieves 1st place in the Middle East and Africa for Caterpillar lubricants sales

Zahid Tractor Company, the leading company in industrial and heavy equipment, the leading company in industrial equipment and heavy equipment, ranked 1st in the Middle East and Africa, and world’s 4th after achieving high sales of Caterpillar lubricating oils in 2019.   The final...

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Business & Money | Wednesday 1 July, 2020 4:36 pm

World’s leading exhibition organiser launches blueprint for hosting enhanced physical events in the Middle East

Informa Markets, the world’s leading exhibition organiser, has launched Informa AllSecure to the Middle East market. The detailed set of enhanced measures will provide the highest levels of hygiene and safety at all future events, to ensure the safety of attendees and staff.   In...

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Business & Money | Wednesday 1 July, 2020 9:41 am

LWK + PARTNERS to support Saudi Arabia 2030 Vision Establishing in Riyadh

LWK + PARTNERS has been working in and contributing to the growth of the built environment in Saudi Arabia for the last 24 months since the inception of its regional Dubai based headquarters in 2018. This time has witnessed tremendous increase of investment committed by the Kingdom to expand its...

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Business & Money | Wednesday 1 July, 2020 8:00 am

SAR 16 Share Price Announced for Amlak International’s IPO

NCB Capital, Financial Advisor, Lead Manager, Bookrunner and Underwriter for Amlak International’s IPO, announced the successful completion of the book building process for institutions and investment funds subscribing to the company’s shares, with the coverage ratio reaching 5x. The shares...

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Business & Money | Wednesday 1 July, 2020 7:50 am

BCG’s Jeel Tamooh workshop a virtual success

Boston Consulting Group (BCG) held an engaging and productive workshop last week, as part of the Jeel Tamooh program. The initiative dedicated to inspiring and further transforming and honing the skills and knowledge of Saudi Arabia's most distinguished university students into future...

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Business & Money | Wednesday 1 July, 2020 7:49 am

KPMG announced as top-tier partner of Women 20 Engagement Group, joining forces to put gender issues at the heart of the G20

Women 20 (W20), an official G20 engagement group established during the 2015 Turkish presidency and KPMG, leading provider of audit, tax, and advisory services in Saudi Arabia, are delighted to announce their partnership as part of the G20 Saudi Presidency year.   In the lead up to...

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Business & Money | Tuesday 30 June, 2020 6:07 am

Dubai Customs’ Coastal Centers deals with 5,700 dhows and vessels in 5 months

Three customs centers (Hamriya, Creek and Deira Wharfage) at Dubai Customs have dealt with 5,700 traditional dhows and vessels in the last 5 months of 2020. The positive figures, during what has been a testing time, reflects a resilient economy that maintains diversity, even during crises. The...

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