Business & Money | Tuesday 17 May, 2016 12:43 pm

Government of Rwanda collaborates with MasterCard to meet Rwanda’s 2020 Vision of a cashless society

The Government of Rwanda today announced a collaboration with MasterCard to fast-track the country’s move to include 90 percent of its citizens in the financial mainstream, as set out in its Vision 2020 strategy.  In a Memorandum of Understanding (MoU), signed by the CEO, Rwanda...

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Business & Money | Tuesday 17 May, 2016 6:13 am

150 architecture students working in Grand Mosque expansion project

More than 150 architecture students have participated in the historic project for the expansion of the Grand Mosque in Makkah. Sabry Shahatah, a member of the Grand Mosque Expansion Project;s Technical Committee, said around 50 percent of all architecture students in the Kingdom contributed to...

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Business & Money | Tuesday 17 May, 2016 6:07 am

Saudi, UAE ink deal to set up coordination council

Saudi Arabia and the United Arab Emirates signed on Monday a protocol to establish the Saudi-UAE Coordination Council. The signing ceremony was held in the presence of Custodian of the Two Holy Mosques King Salman and Sheikh Mohammed Bin Zayed Al Nahyan, crown prince of Abu Dhabi and deputy...

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Business & Money | Tuesday 17 May, 2016 6:03 am

MMS Gulf Appoints “Airolink” as the main contractor for its Art Centre project

MMS Gulf has announced the appointment of Airolink Building Contracting LLC as the main contractor for its Art Centre project, to be constructed at Al Barsha Dubai.  At a special ceremony recently held on this occasion, MMS Gulf’s CEO and Partner, Dr. Samer Al Omari signed the main...

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Business & Money | Tuesday 17 May, 2016 5:51 am

King Abdullah Port Officials Visit Valencia Port

Officials of King Abdullah Port visited Valencia Port, Europe’s fifth busiest port. Accompanied by delegates from the Economic Cities Authority (ECA), the Border Guard, the Saudi Customs and the National Container Terminal (NCT), the main operator of the container terminal, the visit was to...

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Business & Money | Monday 16 May, 2016 4:34 pm

Drake & Scull reports AED 1.03 Billion in revenue and net profit of AED 9.52 Million for First Quarter of 2016

Drake & Scull International PJSC, (DSI PJSC), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Mechanical, Electrical and Plumbing (MEP), Rail & Infrastructure, Oil & Gas, and Water & Wastewater Treatment, reported...

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Business & Money | Monday 16 May, 2016 4:32 pm

Arabian Sounds and Lights Company opens new Bang & Olufsen showroom in Jeddah

Arabian Sounds and Lights Company part of Rolaco Trading and Contracting Holdings and the exclusive master dealer of Bang & Olufsen in KSA and Bahrain, has recently inaugurated a new Bang & Olufsen (B&O) showroom in Jeddah. The newly-opened store is expected to throw the spotlight on...

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Business & Money | Monday 16 May, 2016 4:30 pm

Professionals Seeking Easier Business Travel Trust Elevay for Highly Refined Citizenship and Residency Services

Even in today's globally connected world, there is still no substitute for a face-to-face meeting. No online conferencing system could ever duplicate sealing your deal with a firm handshake. This is why wealthy individuals are obtaining second passports by taking advantage of citizenship via...

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Business & Money | Monday 16 May, 2016 3:49 pm

Switch on to sustainable investing, or else

Asset managers need to realise that sustainable practices are going to be a prerequisite for being hired to manage investment mandates in future, according to an article in Willis Towers Watson’s annual Global Investment Matters. publication. It says that asset owners will increasingly want...

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Business & Money | Monday 16 May, 2016 3:42 pm

Hidd Al Saadiyat Announces Commencement of Marina Construction

Hidd Al Saadiyat has announced the commencement of its marina construction, which is scheduled for completion in April 2017. Conveniently designed to reflect the projects serene surroundings, the private marina is set to feature a pedestrian walk encompassing a view of the striking...

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