Business & Money | Thursday 30 April, 2020 2:26 pm

MARSH HIGHLIGHTS KEY CONSIDERATIONS FOR PROPERTY INSURANCE POLICIES DURING COVID-19

  According to a new report by Marsh, the world’s leading insurance broker and risk adviser, evaluating property insurance policies during the outbreak of COVID-19 will allow businesses to upscale their resilience and recovery opportunities; putting them ahead of their competitors when...

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Business & Money | Thursday 30 April, 2020 12:10 pm

MHPS Announces New Company Name “Mitsubishi Power”

Mitsubishi Hitachi Power Systems, Ltd. (MHPS), a part of Mitsubishi Heavy Industries (MHI) Group, today announced its new company name, Mitsubishi Power, and will also adopt a new corporate brand logo. Under its new name, Mitsubishi Power will work to enhance its reputation around...

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Business & Money | Thursday 30 April, 2020 9:02 am

Saudi-US Business Council, (B20) group conclude meeting on impact of Covid-19 disease on international business community

The Saudi-US Business Council and the Saudi Business Group (B20) concluded an open virtual meeting on the impact of Covid-19 disease on the international business community, highlighting the necessary measures to ensure that global markets operate efficiently during future...

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Business & Money | Thursday 30 April, 2020 1:35 am

The Red Sea Development Company Identifies Optimum Location of Overwater Assets

Saudi Arabia, Riyadh (Date 29 April 2020): The Red Sea Development Company (TRSDC), the developer behind one of the world’s most ambitious tourism projects, has shared details of an activity to identify the location of its overwater assets around four key islands at the destination. This...

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Business & Money | Thursday 30 April, 2020 1:32 am

RTA reopens customer happiness, service provider centres starting Thursday

Dubai’s Roads and Transport Authority (RTA) is reopening three customer happiness centres at Umm Al Ramoul, Deira and Al Barsha, as well as 21 service provider centres, starting from Thursday 30 April 2020.  Meanwhile, RTA will maintain full preventive health measures including the...

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Business & Money | Wednesday 29 April, 2020 3:38 pm

Apicorp Announces Usd 500 Million To Member Countries In Covid-19 Recovery Support

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today that it has launched a USD 500 million countercyclical support package aimed at supporting its clients in Member Countries and the region in the energy sector mitigate the...

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Business & Money | Wednesday 29 April, 2020 2:27 pm

Empower initiates a program to take care of its employees during the challenging situation

As part of the strategy to support its employees during challenging situations, the Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, launched an initiative that includes an integrated food distribution program for the staff serving in...

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Business & Money | Wednesday 29 April, 2020 2:16 pm

Saudi Arabia posts SR34 billion deficit in Q1 2020

Saudi Arabia's budget deficit in the first quarter of 2020 stood at SR34.107 billion ($9.07 billion), according to a report released by the finance ministry early Wednesday.According to the figures in the report, the Kingdom recorded total revenues worth SR192.072 billion ($51.219 billion) in the...

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Business & Money | Wednesday 29 April, 2020 3:37 am

INJAZ Al-Arab Launches its First Virtual Innovation Camp Challenge for the MENA

INJAZ Al-Arab/ JA MENA launched its first virtual Innovation Camp Challenge, INJAZ Beyond Borders, supported by Citi Foundation on April 16th, 2020. INJAZ Beyond Borders Challenge is built around proposing solutions to gaps and weaknesses exposed by the COVID-19 crisis in Education, Healthcare and...

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Business & Money | Wednesday 29 April, 2020 1:11 am

Zoom Selects Oracle as a Cloud Infrastructure Provider for Its Core Online Meeting Service

Today Oracle announced that Zoom Video Communications, Inc. is turning to Oracle Cloud Infrastructure to support its growth and evolving business needs as the enterprise video communications company continues to innovate and provide an essential service to its extensive customer base. “We...

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