Business & Money | Wednesday 1 July, 2020 5:17 pm

Zahid Tractor Company achieves 1st place in the Middle East and Africa for Caterpillar lubricants sales

Zahid Tractor Company, the leading company in industrial and heavy equipment, the leading company in industrial equipment and heavy equipment, ranked 1st in the Middle East and Africa, and world’s 4th after achieving high sales of Caterpillar lubricating oils in 2019.   The final...

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Business & Money | Wednesday 1 July, 2020 4:36 pm

World’s leading exhibition organiser launches blueprint for hosting enhanced physical events in the Middle East

Informa Markets, the world’s leading exhibition organiser, has launched Informa AllSecure to the Middle East market. The detailed set of enhanced measures will provide the highest levels of hygiene and safety at all future events, to ensure the safety of attendees and staff.   In...

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Business & Money | Wednesday 1 July, 2020 9:41 am

LWK + PARTNERS to support Saudi Arabia 2030 Vision Establishing in Riyadh

LWK + PARTNERS has been working in and contributing to the growth of the built environment in Saudi Arabia for the last 24 months since the inception of its regional Dubai based headquarters in 2018. This time has witnessed tremendous increase of investment committed by the Kingdom to expand its...

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Business & Money | Wednesday 1 July, 2020 8:00 am

SAR 16 Share Price Announced for Amlak International’s IPO

NCB Capital, Financial Advisor, Lead Manager, Bookrunner and Underwriter for Amlak International’s IPO, announced the successful completion of the book building process for institutions and investment funds subscribing to the company’s shares, with the coverage ratio reaching 5x. The shares...

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Business & Money | Wednesday 1 July, 2020 7:50 am

BCG’s Jeel Tamooh workshop a virtual success

Boston Consulting Group (BCG) held an engaging and productive workshop last week, as part of the Jeel Tamooh program. The initiative dedicated to inspiring and further transforming and honing the skills and knowledge of Saudi Arabia's most distinguished university students into future...

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Business & Money | Wednesday 1 July, 2020 7:49 am

KPMG announced as top-tier partner of Women 20 Engagement Group, joining forces to put gender issues at the heart of the G20

Women 20 (W20), an official G20 engagement group established during the 2015 Turkish presidency and KPMG, leading provider of audit, tax, and advisory services in Saudi Arabia, are delighted to announce their partnership as part of the G20 Saudi Presidency year.   In the lead up to...

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Business & Money | Tuesday 30 June, 2020 6:07 am

Dubai Customs’ Coastal Centers deals with 5,700 dhows and vessels in 5 months

Three customs centers (Hamriya, Creek and Deira Wharfage) at Dubai Customs have dealt with 5,700 traditional dhows and vessels in the last 5 months of 2020. The positive figures, during what has been a testing time, reflects a resilient economy that maintains diversity, even during crises. The...

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Business & Money | Tuesday 30 June, 2020 5:31 am

Mamo Pay Joins Visa Fintech Fast Track Program

Mamo Pay (www.mamopay.com), the MENA region’s highly anticipated peer-to-peer mobile payments app, today announced that it has joined Visa’s Fintech Fast Track program, allowing Mamo Pay to reach a wider audience, and benefit from the capabilities, and security of VisaNet, Visa’s global...

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Business & Money | Tuesday 30 June, 2020 5:27 am

APICORP issues a benchmark USD750 million 5-year bond

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, today announced the issuance of a benchmark USD750 million dollar-denominated five-year bond in the RegS markets.   The latest issuance, part of APICORP’s USD3 billion...

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Business & Money | Monday 29 June, 2020 10:29 am

Policy Priorities to Promote a Robust Post-COVID-19 Recovery in GCC Countries and IMF Outlook for Oil Exporting Countries

The International Monetary Fund (IMF) and Al-Iktissad Wal-Aamal Group are organizing a Webinar titled: Policy Priorities to Promote a Robust Post-Covid19 Recovery in the GCC Countries on Tuesday 30 June 2020 at 14:00 pm Riyadh time, 15:00 pm Abu Dhabi time. The Webinar will discuss the impact...

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