Business & Money | Sunday 28 April, 2019 1:39 am

Saudi Tadawul ranks high among global markets

The Saudi Stock Exchange (Tadawul) is ranking 24th among global markets, and 7th among developing markets, in terms of market capitalisation, chairman of Capital Market Authority of Saudi Arabia (CMA), Mohammed El-Kuwaiz, stated. The Saudi market is the biggest in the Middle...

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Business & Money | Sunday 28 April, 2019 12:58 am

MHPS announces National Program for Saudi Arabia with a new manufacturing facility at its core

MHPS Saudi Arabia, Co., a subsidiary of Mitsubishi Hitachi Power Systems, Ltd. (MHPS), today announced the launch of the MHPS National Program for Saudi Arabia, heralding a pivotal moment for both the energy and manufacturing sectors in Saudi Arabia.  While MHPS has been a long-term...

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Business & Money | Sunday 28 April, 2019 12:35 am

IHG second in Best Workplaces to Work in KSA

IHG (InterContinental Hotels Group), one of the world’s leading hotel companies, has been named one of the best places to work in Saudi Arabia, by Great Place to Work, the global authority on Workplace Culture assessment. IHG was awarded the second place at a prestigious event ceremony held...

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Business & Money | Saturday 27 April, 2019 4:41 am

Saudi Aramco looking at potential gas JVs, sells first LNG cargo - CEO

Saudi Aramco's chief executive said on Thursday the company was in discussions with many partners around the world regarding potential joint ventures in gas, and that it has sold its first LNG cargo. The state oil giant, the world's top oil producer, wants to become a major player in gas ...

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Business & Money | Saturday 27 April, 2019 3:39 am

Saudi, Chinese officials meet at Belt and Road Forum in Beijing

Nabeel Al-Amoudi, the Saudi minister of transport and chairman of the Public Transport Authority, met Chinese Minister of Transport Li Xiaopeng to discuss ways to strengthen cooperation between the two countries in the transport industry. Their meeting took place in Beijing on the sidelines of...

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Business & Money | Saturday 27 April, 2019 3:33 am

Saudi Real Estate Refinancing Company, SABB Co-sign Agreement to Buy Financing Portfolios

The Saudi Real Estate Refinancing Company, an affiliate of the Public Investment Fund, has signed a strategic agreement with the Saudi British Bank (SABB) to buy residential real estate finance portfolios, through which the company will provide liquidity for the portfolios purchased for the Bank,...

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Business & Money | Saturday 27 April, 2019 3:29 am

Dubai Customs celebrates World Intellectual Property Day 2019

Dubai Customs held its annual celebration of the World Intellectual Property Day 2019 at Maydan Hotel in the presence of HE Ahmed Mahboob Musabih, Director General of Dubai Customs, and H.E Lieutenant General Dhahi Khalfan Tamim, Deputy Chairman of Police and General Security of Dubai, alongside...

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Business & Money | Saturday 27 April, 2019 2:21 am

Higher Organising Committee of UMEX, SimTEX 2020 Convenes First Meeting

The Higher Organising Committee of the Unmanned Systems Exhibition and Conference (UMEX) and Simulation Exhibition and Conference (SimTEX) today convened its first meeting in the run-up to the 2020 edition of the dual event. The meeting drew the participation of His Excellency Staff Brigadier...

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Business & Money | Friday 26 April, 2019 5:03 am

Vocalink and Saudi Payments to introduce real-time payments to Saudi Arabia

International payment systems provider Vocalink, a Mastercard company, has partnered with the Saudi Payments a fully owned subsidiary of the Saudi Arabian Monetary Authority (SAMA) to launch real-time payments in the Kingdom.    The milestone partnership will enable...

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Business & Money | Friday 26 April, 2019 5:00 am

Isnaad Crowned ‘top Cleaning Company of the Year’ at Middle East Cleaning, Hygiene & Facilities Awards

Isnaad, a subsidiary of Imdaad that provides a comprehensive range of Soft Facility Management with specialized cleaning services and highly-trained manpower supply, has been named the ‘Top Cleaning Company of the Year’ at the second edition of the prestigious Middle East Cleaning,...

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