In light of the global COVID-19 pandemic, Ducab Group, one of the UAE’s largest manufacturing businesses, and a key supplier to the Energy Sector, has implemented measures to ensure the health of employees and public is protected, and that Ducab’s global customers ...
Shaker Group (“Al Hassan Ghazi Ibrahim Shaker Co.”, the “Company” or the “Group”), Saudi Arabia’s leading importer, manufacturer and distributor of Air Conditioners and Home Appliances, has announced its financial results for the year ended 31 December...
In response to the continuing COVID-19 outbreak, Nissan has announced a temporary suspension to production in its Africa, Middle East and India region.
This action follows the advice and guidance of respective national governments, and is being taken to safeguard the wellbeing of staff,...
Via a videoconference, H.E. Rashed Abdul Karim Al Balooshi, Undersecretary of Abu Dhabi Department of Economic Development (ADDED), recently held a virtual meeting with members of the Word Bank to discuss the evaluation processes for Abu Dhabi in terms of the...
The Saudi Arabian Monetary Authority (SAMA) has pledged to support people living in the Kingdom who lose their jobs as a result of the ongoing coronavirus crisis – offering financial support for any charges incurred as a result.
“The measures taken include supervisory...
In times of uncertainty, inspiring people play an even more important role in sustaining society. The BMW Group and CNN International Commercial (CNNIC) have teamed up to portray the stories and attitude of some of the most remarkable creatives, artists and leaders of our time through two unique...
Saudi Reinsurance Company (Saudi Re), listed on the Saudi Stock Exchange (Tadawul), reported a net profit before zakat of SR 59.32 million for the full year ended 31 December 2019, a three-fold increase (332%), from SR 13.72 million in the same period last year.
Gross written premium...
Municipalities in Saudi regions have stepped up their environmental sanitation campaign and sterilization of public sites, markets and streets to prevent the spread of the coronavirus disease (COVID-19).
Atif Al-Sharaan, mayor of Al-Jouf region, said that the municipality is working to disinfect ...
B20 Saudi Arabia welcomes the statement on the need for global coordination to respond to the impact of COVID-19, announced at the end of the Extraordinary G20 Leaders’ Summit. We commend the leadership of the Kingdom of Saudi Arabia, in particular The Custodian of the Two Holy Mosques King...
It is a good sign when the G20 produces its traditional communique within minutes of the formal close of a summit of world leaders.
It means there was genuine and broad agreement on the issues under discussion, and that there were no tricky last-minute “accommodations” to be made to...