Business & Money | Sunday 26 January, 2020 1:55 am

Saudi housing minister hands over new Riyadh units to tenants in Sakani program

Housing Minister Majid Al-Hogail on Saturday handed over housing units to beneficiaries of the Sakani program, as part of the first phase of the Diyar Al-Saad housing project in the residential suburb of Al-Jawan in northern Riyadh. Diyar Al-Saad is a Housing Ministry project implemented in...

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Business & Money | Sunday 26 January, 2020 1:01 am

Boeing’s 777X completes its maiden flight

Boeing’s newest flagship twin-engine wide-body has completed its first flight, with the 777X touching down after about four hours aloft. Saturday’s first flight of this new variant of the 777 — which followed a series of false starts — departed at 10:09 a.m....

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Business & Money | Saturday 25 January, 2020 1:51 am

Details of Saudi Tour 2020 cycle race unveiled

The details of Saudi Tour 2020 cycle race was unveiled in the digital city in the capital on Thursday during a press conference. The tour will be held in Riyadh from Feb. 4 to 8 in five stages, covering a distance of up to 774 km. The race will be held under the aegis of the Union Cycliste...

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Business & Money | Saturday 25 January, 2020 1:48 am

Saudi labor minister urges Kingdom to increase economic role of charity sector

Saudi Arabia needed to increase the contribution of the non-profit sector to the Kingdom’s economic and social development, the country’s labor minister told business conference delegates on Thursday. Moderating a session on the subject during the final day of the Riyadh Economic...

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Business & Money | Saturday 25 January, 2020 1:12 am

Dubai Customs gives away half million dirhams in prizes during 3rd UAE Customs Week

Dubai Customs, represented by Client Happiness Department, announced the prizes which will be given away to lucky participants in its events and activities for the 3rd UAE Customs Week, which is organized in conjunction with the International Customs Week.  With the theme ‘Dubai...

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Business & Money | Friday 24 January, 2020 3:33 am

FedEx Earns No. 14 Spot on the FORTUNE World’s Most Admired Companies List

FedEx Corp. (NYSE: FDX) is once again ranked among the most admired companies in the world, according to a survey published in FORTUNE magazine.    The annual “World’s Most Admired Companies” report released lists FedEx as the No. ­­­14 ranked company...

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Business & Money | Friday 24 January, 2020 1:57 am

DFSA Hosts Ifiar’s Leadership

The Dubai Financial Services Authority (DFSA) today hosted the Chairman of the International Forum of Independent Audit Regulators (IFIAR), Mr Frank Schneider at an exclusive outreach event organised for DFSA Registered Auditors and other relevant stakeholders.  Mr Schneider participated in ...

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Business & Money | Thursday 23 January, 2020 5:28 pm

Alwaleed Philanthropies 40th Anniversary Recognised at Leading Davos Event

Alwaleed Philanthropies, chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud, the global philanthropic foundation, received recognition at the 50th World Economic Forum (WEF) held in Davos for its commitment to eradicating preventable diseases. The award was presented ...

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Business & Money | Thursday 23 January, 2020 2:01 pm

Veolia breaks ground on Central Utilities and Waste Valorization Plant in Jubail Industrial City

Veolia, the global leader in optimized resource management and the Royal Commission for Jubail via its investment arm JYIC, have started work for the development of a central utilities and waste valorization plant in the PlasChem Park of Jubail Industrial City.   Designed on a...

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Business & Money | Thursday 23 January, 2020 1:13 pm

Dubai surpasses global tourism growth to deliver an all-time high 16.73 million overnight visitors in 2019

Ibrahim Shawki Gohar, Secretary General of Ras Al Khaimah Commercial Reconciliation & Arbitration Chairman Center met yesterday Sven Otto Littorin, former Minister of Labour in Sweden, and Adviser of the Minister of Labour and Social Development in Saudi Arabia at Ras Al Khaimah...

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