Business & Money | Sunday 25 August, 2019 1:50 am

Bidaya Launches Down Payment Support Initiative For Citizens

Bidaya Home Finance recently launched a newly developed program targeting nearing retirement civilians, providing them with 140 thousand riyals as a down payment support for citizens who are above 50 years of age.   The program will cover the marginal profit on the home monthly...

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Business & Money | Saturday 24 August, 2019 6:10 am

Saudi women with media licenses can run business in public place

Saudi women, who have media licenses, can now run their activities in public places, not necessarily in designated women-only spaces, following the changes in the regulations carried out by the concerned authorities recently, Okaz has learned. The Ministry of Ministry of Media and the General...

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Business & Money | Saturday 24 August, 2019 6:05 am

IKEA to invest $1.4 bn in China strategy

IKEA plans to invest 10 billion yuan  (US$1.41 billion) in the Chinese market to advance its commercial operations and digitization, it announced at a press briefing in Beijing at which it outlined its strategy for the next three years, Yicai Global reported. This is the largest annual...

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Business & Money | Friday 23 August, 2019 3:27 am

Reportage Properties to deliver 5 projects in next 3 years

Reportage Properties, Abu Dhabi-based leading real estate developer, revealed that it is ready to hand over five new developments in Abu Dhabi within two to three years. "The five projects offer more than 1,600 new housing units for the Abu Dhabi market," said Nasser Al Khamees, CEO...

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Business & Money | Friday 23 August, 2019 1:30 am

Azizi Developments appoints CFO to drive financial strategy and reinforce governance

Azizi Developments, one of the leading private real estate developers in the UAE, strengthened its executive team with the appointment of a seasoned Chief Financial Officer. Mika Toivola brings with him an extensive background in corporate finance, treasury, financial planning and analysis,...

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Business & Money | Thursday 22 August, 2019 12:14 pm

Dubai Financial Market Instils Good Corporate Governance Through Partnership With Hawkamah

In line with its focus on enhancing sustainability and promoting Environmental, Social and Governance best practices among listed companies and other stakeholders, Dubai Financial Market (DFM) has successfully contributed to the improvement of corporate governance practices in the United...

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Business & Money | Thursday 22 August, 2019 3:00 am

Hankook Tire wins the Red Dot Award 2019 for its new UHP Ventus S1 evo 3 tire

Global leading premium tire maker Hankook Tire (President & CEO Hyun Bum Cho)’s new Ventus S1 evo 3 (K127) tire was named at the Red Dot Award: Product Design 2019, an award for high design...

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Business & Money | Thursday 22 August, 2019 2:27 am

Lexus Is The Official Car Of The 76Th Venice International Film Festival – La Biennale Di Venezia

For the third consecutive year, Lexus is a sponsor of the Venice International Film Festival – La Biennale di Venezia. Lexus UX Hybrid, the first full hybrid electric compact SUV in the premium segment, among the cars at the Biennale Cinema 2019 Actors, directors, and guests will arrive ...

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Business & Money | Wednesday 21 August, 2019 10:49 am

4,608 training opportunities for Saudi graduates

Graduates are being urged to take advantage of paid on-the-job-training opportunities in the Kingdom, the Saudi Press Agency reported. The Saudi Human Resources Development Fund (HRDF) said 4,608 training opportunities were available for university graduates as part of the Tamheer program. It...

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Business & Money | Wednesday 21 August, 2019 3:09 am

Saudi Arabia’S Leading Online Grocery Platform Nana (نعناع) Raises Usd 6.6Mm In Series A Financing Co-Led By Mevp

Middle East Venture Partners (MEVP) and Impact46 have co-led an investment in KSA-based Nana Direct, an online grocery platform serving 13 cities across the Kingdom. Other investors include Watar Partners, Saudi Venture Capital (SVC) Company, Wamda Capital and the Alzamil family. Nana has built...

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