The Saudi Stock Exchange (Tadawul) announced today that the launch of exchange-traded derivatives will be on 30 August 2020. The first exchange-traded derivatives product is an index futures contract, the Saudi Futures 30 (SF30). This contract is based on the MSCI Tadawul 30 Index (MT30). The...
The Emirates Mars Mission has announced the link to watch the live streaming of the launch of the "Hope Probe", starting at midnight UAE Time [20:00 GMT] on Tuesday 14 July, on www.emm.ae/live The link provides an opportunity for everyone to witness this historic event, which is the first...
Makkah Governor and Advisor to the Custodian of the Two Holy Mosques Prince Khalid Al Fasal honoured Yusuff Ali MA, Chairman of Lulu Group for his active involvement in the campaign Barran bi Makkah. The campaign, Barran bi Makkah which was held under the aegis of Makah Governor helped families and ...
Dubai Investments PJSC, a leading Middle East investment and a public joint stock company listed on the Dubai Financial Market (DFM) celebrated its silver jubilee anniversary, marking 25 years of investments in the region, with a bell ringing ceremony at the DFM. The bell ringing ceremony was...
The Diplomatic Quarter General Authority has recently partnered with the leading integrated ICT Infrastructure service provider in the Kingdom, TAWAL, for the development of the area’s telecommunication infrastructure. The strategic partnership is first of its kind in Saudi Arabia through which...
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) has inaugurated today the Smart Cities Command and Control Centre of Moro Hub (Data Hub Integrated Solutions), a wholly-owned subsidiary of DEWA. As a Dubai 10X enabler, Moro Hub's new centre provides services...
The Red Sea Development Company (TRSDC), the developer behind one of the world's most ambitious tourism initiatives, has awarded its largest value contract to date for airside infrastructure works for the destination’s international airport, set to open in 2022. The contract was...
As the world is witnessing an unprecedented lockdown in recent times as a result of the COVID-19 pandemic, Mastercard has been enabling people in the MENA region to go online to transfer money faster and more securely than previously possible. With Mastercard Cross-Border Services,...
Saudis hold an overwhelming majority of 71.53 percent of the total managerial positions in the Kingdom’s private sector firms, Okaz/Saudi Gazette has learned from sources.Government data showed that the number of Saudis holding key managerial positions in the private sector reached 144,450 while...
NCB Capital, the Financial Advisor, Lead Manager, Bookrunner and Underwriter of Amlak International’s IPO announced the completion of the allocation of shares for individual (retail) subscribers. NCB Capital said that after closing the subscription period for the retail tranche, all receiving...