Business & Money | Wednesday 27 January, 2021 4:38 am

Al-Rumayyan: PIF to invest SR1 trillion in next 5 years

Yasir Al-Rumayyan, governor of Public Investment Fund (PIF), announced that the fund will invest SR1 trillion over the next five years in new projects, and added that the PIF, the sovereign Saudi wealth fund, has become a fundamental pillar for the Saudi economy’s sustainability. Addressing...

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Business & Money | Wednesday 27 January, 2021 2:12 am

Mastercard Evolves Contactless Technology for Quantum World

 Mastercard today announced that it is applying the latest quantum-resistant technologies to develop the next generation of contactless payments. The new Enhanced Contactless (Ecos) specifications are an industry-first and will help ensure that as our dynamic digital landscape evolves, and new ...

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Business & Money | Tuesday 26 January, 2021 3:54 pm

GRADIANT Posts Robust 2020 Global Performance With 30 Project Wins

GRADIANT, a technology-driven end-to-end wastewater treatment solution provider, today announced that it has secured 18 new project wins in the second half of 2020 across its Asia Pacific (APAC), Middle East and US offices. 14 projects were secured with APAC based organisations following 12...

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Business & Money | Monday 25 January, 2021 2:18 pm

SNC-Lavalin awarded Compliance Leader Verification from The Ethisphere Institute

SNC-Lavalin is pleased to announce that it has earned the coveted Compliance Leader Verification for 2021-2022, extending an earlier 2019-2020 verification, from The Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. This recognition...

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Business & Money | Monday 25 January, 2021 1:42 pm

SAUDI ARABIAS INDUSTRIAL SECTOR TO PLAY A MAJOR PART IN DRIVING POST-PANDEMIC ECONOMIC RECOVERY

 A new Covid Response Report (CRR) produced by Oxford Business Group (OBG), in partnership with Sherbiny, shines a spotlight on Saudi Arabia’s industrial sector, examining its emerging role as a key engine of growth, in line with the country’s efforts to diversify the economy away from a...

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Business & Money | Monday 25 January, 2021 11:34 am

During 2020, Red Sea Mall adds Premier international brands to its list of successful partners

During the past year 2020, the Red Sea Mall continued its expansion plans, as it succeeded in embracing a new cluster of the most prominent and famous local and international brands. With this in hand, the mall could add to its offerings as part of its development and contribution to the retail...

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Business & Money | Monday 25 January, 2021 10:28 am

GMG ramps up Saudi investments in line with positive expectations for local retail sector

Gulf Marketing Group (GMG), one of the Middle East's leading family-owned holding companies, is increasing its investments in Saudi Arabia and has announced the opening of a new mega-warehouse facility in Riyadh to serve its expanding customer base. The new warehouse will initially support the...

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Business & Money | Monday 25 January, 2021 9:15 am

Private jets movements at Dubai South increased 21% in 2020 compared to 2019

Mohammed bin Rashid Aerospace Hub (MBRAH), at Dubai South, has announced that private jets movements continued its growth in 2020 by 21 percent compared to 2019 driven by the high number of movements in Q4. The aerospace hub also recorded a steep 78 percent growth of private jets movements in...

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Business & Money | Sunday 24 January, 2021 3:49 pm

Najm attains series of international awards

In recognition of its diligent efforts in successfully launching and implementing a series of marketing and awareness campaigns, and due to the outstanding automation results it achieved across its services, Najm for Insurance Services was awarded a series of global accolades throughout...

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Business & Money | Sunday 24 January, 2021 2:45 pm

King Abdullah Port Concludes 2020 with Increased Throughput and Significant Contributions to Kingdom’s Logistics Sector

King Abdullah Port concluded 2020 with an impressive increase in its container throughput, in addition to its continued contributions to the growth of the Kingdom’s logistics sector during the year. The port recorded a 6.6% increase in container throughput in 2020, reaching 2,153,963 TEU compared ...

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