Business & Money | Saturday 5 September, 2020 6:02 am

Bahri boosts dry-bulk fleet with addition of newbuild Alanood

Bahri, a global leader in logistics and transportation, today announced that it took delivery of its new dry-bulk carrier ‘Alanood’ on 31 August, making it the second newbuild vessel to join the company’s market-leading fleet this year. The Kamsarmax-class carrier lifts the number of...

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Business & Money | Friday 4 September, 2020 6:25 pm

G20 Foreign Ministers to Strengthen International Cooperation in Response to COVID-19 Pandemic

The G20 Foreign Ministers held an extraordinary meeting to discuss enhancing international cooperation to recover from the impacts of COVID-19 pandemic as well as strengthening preparedness for future pandemics.The ministers and representatives of international organizations discussed the...

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Business & Money | Thursday 3 September, 2020 2:56 pm

Ithra Dubai Marks Another Milestone with The Link Now Lifted to its Final Position 100 Meters Above Ground Level

In a highly anticipated event, Ithra Dubai, fully owned by the Investment Corporation of Dubai, accomplished a new milestone with the lift of the 192-meter long first section of the Link, now connecting the two towers of the iconic One Za'abeel 100 meters above ground level. The...

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Business & Money | Thursday 3 September, 2020 2:19 pm

New Media Academy partners with TikTok in pioneering agreement

: New Media Academy, the first-of-its-kind digital academy supporting a new generation of content creators from the Arab world, has announced a pioneering partnership with TikTok, the social media platform known for its short-form videos. The partnership kicked off with the region’s first...

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Business & Money | Thursday 3 September, 2020 2:14 pm

Saudi Arabia's Capital Market Authority (CMA): Allowing Foreigners to Invest Directly in Debt Instruments

The CMA Board issued its resolution on 22/12/1441 H., corresponding to 12/08/2020G, which included allowing residents and non-residents foreigners to invest directly in listed and non-listed debt instruments. This comes as part of CMA's strategic goals to develop the capital market "Financial...

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Business & Money | Thursday 3 September, 2020 1:00 pm

Al Jomaih & Shell and JIPCO Less Downtime More GO Time

Al Jomaih & Shell Lubricating Oil Company (JOSLOC) partnered with Juffali Industrial Products Company (JIPCO), the exclusive dealer of Mercedes Benz & Fuso Commercial Vehicles, as a platinum sponsor for the 2020 JIPCO Driving Experience Event for Mercedes Benz Trucks, which took place in...

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Business & Money | Thursday 3 September, 2020 12:54 pm

Women 20 (W20) Advocates Gender Inclusive Covid-19 Economic Recovery

On the eve of the 25th anniversary of the landmark Beijing Conference on Women, the Women 20 (W20), an official G20 engagement group whose primary objective is to ensure gender considerations are mainstreamed into G20 discussions and policies, calls on G20 leaders to commemorate 2020 as the Year of ...

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Business & Money | Thursday 3 September, 2020 12:50 pm

Emirates Foundation partners with Tathafur and stakeholders to support the launch of the “Live Care” initiative

Emirates Foundation, a national organisation set up by the Abu Dhabi government to facilitate public-private funded initiatives for the empowerment of youth across the UAE, is  collaborating with Tathafur, the non-profit healthcare consultancy, on two main initiatives, the “Caregivers...

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Business & Money | Thursday 3 September, 2020 10:10 am

Al Salem Johnson Controls Launches Hitachi Commercial Air Conditioning Systems in Saudi Arabia

Al Salem Johnson Controls, a leading provider of integrated solutions in HVAC equipment, fire and security systems, building management systems and controls, has announced that Hitachi's cooling and heating solutions have joined its portfolio of World leading brands in the industry. Part of...

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Business & Money | Thursday 3 September, 2020 9:26 am

G20 Enhances Sustainable Development and Emergency Response Plan for Developing Countries

The G20 Development Working Group (DWG) concluded its 3rd meeting under the Kingdom of Saudi Arabia's G20 Presidency, in the presence of representatives of several international and regional organizations.Representatives of the G20 DWG members discussed a number of themes, including: the...

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