Business & Money | Thursday 1 December, 2016 11:00 am

Emirates NBD named ‘Banking and Finance Company of the Year’

Emirates NBD, a leading bank in the region, was named ‘Banking and Finance Company of the Year’ at the prestigious Arabian Business Achievement Awards held yesterday (Monday, November 28, 2016). The bank was recognised for its pioneering efforts toward the digitisation of banking as...

More Details

Business & Money | Thursday 1 December, 2016 10:51 am

Japan committed to help Kingdom in realizing its vision

Japanese Ambassador Norihiro Okuda said his country is committed to implement the Joint Saudi-Japanese Group for Vision 2030, signed by Deputy Crown Prince Mohammed bin Salman in Tokyo in September.  Okuda made the statement during his recent meeting with Secretary-General of the Council of...

More Details

Business & Money | Thursday 1 December, 2016 10:42 am

Prince Sultan bin Salman wins Gulf Man of Year

Prince Sultan bin Salman bin Abdul Aziz, Chairman of the Board of Trustees of King Salman Center for Disability Research, has won the award of Gulf Man of Year supporting humanitarian work in the disability field for the 2016. Prince Sultan bin Salman won the award in recognition of his...

More Details

Business & Money | Thursday 1 December, 2016 10:32 am

Bosphorus Summit identifies Vision 2030’s strong points

The 7th Bosphorus Summit in Istanbul held a special session on the Kingdom of Saudi Arabia’s Vision 2030 and Turkey’s Vision 2023 in the presence of Saudi Minister of Commerce and Investment Majid Al-Qassabi.  Al-Qassabi headed the Saudi delegation to the summit. During the...

More Details

Business & Money | Thursday 1 December, 2016 9:46 am

King allocates SR100b from reserves to PIF

Custodian of the Two Holy Mosques King Salman on Wednesday approved the allocation of SR100 billion ($26.67 billion) from the Kingdom’s reserves to the Public Investment Fund (PIF), according to a statement carried by Saudi Press Agency. The funds will be used to support both foreign and...

More Details

Business & Money | Thursday 1 December, 2016 9:08 am

The Coca-Cola Company and National Beverage Company Expand Investment

The Coca-Cola Company and National Beverage Company (NBC) officially inaugurated a new Coca-Cola bottling facility located in Gaza, which represents a US$20 million investment in the region. The new bottling facility further expands National Beverage Company’s Palestinian operations to...

More Details

Business & Money | Thursday 1 December, 2016 9:01 am

Averda Expands its Service Portfolio in the Sultanate of Oman

Until recently, Averda was known to the Omani waste management market as the operator of the Al Multaqa and Liwa Medical Waste Treatment Plants, collecting and treating in excess of 4000 tons of hazardous medical waste per year.   Now Averda has expanded its waste management services in...

More Details

Business & Money | Wednesday 30 November, 2016 12:33 pm

GE, Trade Bank of Iraq and Standard Chartered Bank sign financing MoU to accelerate power and infrastructure projects in Iraq

GE, Trade Bank of Iraq (TBI) and Standard Chartered Bank (SCB) have signed a financing MoU to accelerate the development of power and infrastructure projects in the country that will help meet the growing demand for power in Iraq.   The MoU also underlines the financial partnerships...

More Details

Business & Money | Wednesday 30 November, 2016 12:22 pm

PepsiCo Highlights the Importance of Collective Action on Sustainability as AMWAJ Forum Opens in Jordan

PepsiCo, the global food and beverage company, has called on all stakeholders to work together on common solutions for challenges and opportunities that face the region and the world as a high-level forum on sustainable development gets under way.   AMWAJ, meaning ‘waves’ in...

More Details

Business & Money | Wednesday 30 November, 2016 11:24 am

DarkMatter to Help Islamic Banking and Financial Institutions Better Manage their Cyber Risk

DarkMatter, an international cyber security firm headquartered in the UAE, announces its participation at the forthcoming World Islamic Banking Conference (WIBC) 2016, taking place between 5 - 7 December, 2016 at the ART Rotana Hotel, Amwaj Islands, Manama, Bahrain. DarkMatter is the ...

More Details