Business & Money | Monday 11 June, 2018 4:29 am

IsDB’s THIQAH, BBI sign MoU to boost business

The Islamic Development Bank Group Business Forum - THIQAH and the Bosna Bank International (BBI) entered into a joint strategic collaboration by signing a Memorandum of Understanding (MoU) to facilitate cooperation between both parties to work closely on promoting and supporting the Sarajevo...

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Business & Money | Monday 11 June, 2018 3:00 am

49 Tons of Food Saved by Visitors to Red Sea Mall

In the presence of His Royal Highness Prince Abdullah Bin Bandar, Deputy Governor of Makkah Region, the ITA'AM Charity Initiative (Saudi Food Bank) honored Red Sea Mall, one of the companies supporting the efforts of the Saudi Food Bank, during the launch of the “A Third of Your ...

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Business & Money | Monday 11 June, 2018 2:31 am

New Saudi savings scheme planned

A new savings and investment scheme is set to be launched in Saudi Arabia by UAE-based National Bonds and Shuaa Capital. An initial agreement was signed by the pair who are in talks with regulators with the aim of launching in the second half of the year. “Saudi Arabia is a...

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Business & Money | Monday 11 June, 2018 1:12 am

DAMAC awards infrastructure works contract at AKOYA Oxygen

DAMAC Properties has awarded China State Construction Engineering Corporation (CSCEC) with an AED 72 million construction contract for major road and infrastructure work at AKOYA Oxygen. This latest contract brings total construction spend to over AED 5.6 billion since its inception, as DAMAC...

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Business & Money | Sunday 10 June, 2018 4:17 pm

“JollyChic” makes in-kind donations to “Ensan”

In a social gesture embodying the spirit of the holy month of Ramadan, Saudi Arabia’s JollyChic, the leading mobile e-commerce platform, offered in-kind donations, including clothes and toys to orphaned kids at the Charitable Society for the Care of Orphans...

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Business & Money | Sunday 10 June, 2018 3:34 pm

INFINITI of Arabian Automobiles Announces First Winner of Ramadan Offers

Arabian Automobiles, the flagship company of the AW Rostamani Group and the exclusive dealer for INFINITI in Dubai, Sharjah and the Northern Emirates, has announced Ziad Taha as the first winner of its ongoing Ramadan offers. The AED 100,000 prize was won through a scratch and win voucher presented ...

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Business & Money | Sunday 10 June, 2018 11:44 am

Alstom conducts initial dynamic tests for Riyadh Metro

Alstom has, for the past few weeks, been conducting initial dynamic tests for the Riyadh Metro Project at the FAST consortium Line 4 Depot Test Track in Riyadh, Kingdom of Saudi Arabia. The Riyadh Metro Project, owned by Arriyadh Development Authority (ADA), consists of 6 lines totalling 176 km and ...

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Business & Money | Sunday 10 June, 2018 7:13 am

Jawazat to remain open during Eid holidays

The Directorate General of Passports (Jawazat) announced on Saturday that all its branches and offices in various parts of the Kingdom will be working during the Eid holidays to process emergency and necessary paperwork for citizens and expats. Jawazat offices and branches will be working from...

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Business & Money | Sunday 10 June, 2018 6:09 am

Madinah governor launches online portal for region’s chamber of commerce and industry

Prince Faisal bin Salman, the governor of Madinah, has patronized the signing of the deal for constructing the building of the Madinah Chamber of Commerce and Industry in the Knowledge Economic City on King Abdul Aziz Road. The building will be a cornerstone for the chamber through which it will ...

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Business & Money | Sunday 10 June, 2018 6:00 am

Dubai Investments reaches out to the community during Ramadan

Dubai Investments PJSC [DFM: DIC], the leading, diversified investments company listed on the Dubai Financial Market, has reinforced its commitment to the community by supporting a number of social initiatives across the UAE during the Holy Month of Ramadan.   As part of its outreach,...

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