Schneider Electric, the leader in digital transformation of energy management and automation, will provide UAE based organizations that need technical IT support with access to the company’s digital tools and online monitoring services at no cost for 90 days. This promise is part of Schneider...
Raza Inc, the real estate arm of the Saudi Public Pension Agency (PPA) and a subsidiary of Al Ra’idah Investment Company (RIC), announced today a slew of relief measures for commercial clients within its property portfolio. Measures include flexible rent payments and rent deferrals for a period...
The Minister of Human Resources and Social Development Ahmed Bin Sulaiman Al-Rajhi has approved adding a paragraph to the table of violations and penalties, and the decision was published in the official gazette on Friday.The decision stipulates imposing a fine of SR10,000 for not complying with...
Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al-Khorayef, emphasized that the novel Corona crisis will be followed by radical changes in various concepts of global trade, and that the world commercial map will change radically, which is positively reflected on the development of...
Director General of Dubai Customs Ahmed Mahboob Musabih and Pilar Giradu Porigu Director of Spanish Customs held a video meeting to discuss the latest updates about the outbreak of Covid-19 and its negative impacts on economy and the global supply chain. The two...
The Kingdom of Saudi Arabia has implemented several precautionary measures at Al-Masjid Al Haram in Makkah in the wake of COVID-19, with a temporary hold on prayers and Umrah inside the Mosque until further notice, to ensure the safety of worshipers.The General Presidency for the Affairs of the...
As a business support organization, The Small and Medium Enterprises General Authority “Monshaat” were established to organize, support and develop the Saudi SMEs sector to increase their productivity and their contribution to the GDP from 20% to 35% by 2030. The authority support SMEs via...
Bahri, a global leader in logistics and transportation, has announced that it has taken delivery of the new dry-bulk carrier ‘Sara.’ Built by Hyundai Vietnam Shipbuilding (HVS), a subsidiary of Hyundai Mipo Dockyard Co. Ltd. (HMD), the vessel increases the company’s fleet of dry-bulk carriers ...
The Visa Foundation today announced its approval of a $1.6 million COVID-19 relief grant to the Red Cross to support their COVID-19 recovery programs across Central and Eastern Europe, Middle East and Africa. The Red Cross is supporting the frontline response to the pandemic and providing critical...
Virtually, the Council of Economic and Development Affairs held a meeting today.During the meeting, the Council reviewed a number of economic and developmental issues, including a quarterly economic presentation submitted by the Ministry of Economy and Planning which gave an account on the key...