The Social Development Bank launched an online portal for governmental bodies, in line with shifting into digitally-oriented transformation, in sorting out procedures to deal with funding individual employees of government's departments, making it a fully operating e-portal, working without using...
Saudi Arabian Logistics (SAL) has moved some of its services to the newly launched facilities at King Khalid International Airport (KKIA). This comes in line with SAL new operational plan aiming to enhance ground-handling services and streamline the cargo acceptance procedures through the...
The Ministry of Finance announces that it has closed the April 2020 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 5.550 billion.The Sukuk issuances were divided into two tranches as follows:The first tranche has a size of SAR 1.300...
The Mohammed bin Rashid School of Government (MBRSG) – the first research and teaching institution focusing on governance and public policy in the Arab world – held two remote sessions exploring the post-COVID-19 economy, as well as health policies during and after epidemics. The...
Bahri, a global leader in logistics and transportation, on Wednesday reported strong growth in net profit during the first quarter of 2020 despite challenges posed by the global COVID-19 pandemic. The increase in quarterly earnings was driven by a significant improvement in the performance of the...
Johnson Controls Chairman and CEO, George Oliver, reaffirmed that the Company is delivering ‘essential products, services and personnel’ during the COVID-19 pandemic. “At times like these, it is critically important to reach out and let people know that we are here and that we continue to...
The Board of Directors of Saudi Arabian Military Industries (SAMI) announced the appointment of Eng. Walid Abukhaled as acting CEO to oversee the company’s operations starting from April 23, 2020, until further notice. Eng. Abukhaled will be taking over from Dr. Andreas Schwer who served as CEO...
DUBAI, 23rd April, 2020 (WAM) -- Emirates plans to operate passenger services to Frankfurt, Jakarta, Johannesburg, Lagos, London Heathrow, Madrid, Manila, and Tunis, for those wishing to return home. In a statement by the airline on Thursday, the flights to Frankfurt will be on (25th, 27th,...
The Future Investment Initiative (FII) Institute kicks off by hosting an exclusive virtual event on April 23rd, moderated by entrepreneur and futurologist, Dr. Peter H. Diamandis. This inaugural meeting marks the start of the FII Institute Series, bringing together an influential group of...
The Saudi Basic Industries Corporation (SABIC) announced that its ordinary general meeting (OGM) has approved the board of directors’ recommendation to distribute cash dividends to shareholders for the second half (H2) of 2019. With a total amount of SAR 6.6 billion, the dividends will be...