Business & Money | Wednesday 21 April, 2021 12:03 am

Pearl Initiative and stc convene Saudi-based Compliance experts to share best practices on building a strong corporate culture of integrity in line with Saudi Vision 2030 Agenda

 The Pearl Initiative, a leading Gulf business-led non-profit organisation promoting a corporate culture of accountability and transparency, held a virtual panel discussion in conjunction with stc. The discussion, moderated by Siemens, highlighted the perspectives of leading Saudi companies,...

More Details

Business & Money | Tuesday 20 April, 2021 2:22 pm

Almarai recommends distributing one billion Riyals of profits to shareholders

On Tuesday evening 1st of Ramadan, 1442 (13th of April 2021), Almarai held the Extraordinary General Meeting (EGM), at its headquarters in Riyadh, in the presence of Prince Nayef bin Sultan bin Muhammad bin Saud Al-Kabeer, the Chairman of the Board of Directors in Almarai and the Chairman of the...

More Details

Business & Money | Tuesday 20 April, 2021 2:19 pm

Jadwa Investment partners with Saudi Ministry of Human Resources and Social Affairs to develop non-profit sector

Jadwa Investment, one of the region’s leading investment management and advisory firms, has announced the signing of a Memorandum of Understanding (MOU) with the Ministry of Human Resources and Social Affairs to launch two investment funds for the purpose of supporting the development of the...

More Details

Business & Money | Monday 19 April, 2021 1:02 am

COVID-19 amplifies integrity challenges for businesses in emerging markets: EY

As organizations transition from managing the COVID-19 crisis towards building economic resilience, the EY Global Integrity Report 2020 reveals some diversity regarding the impact on company ethics. The findings are part of a survey highlighting the views of 2,948 board members, managers, and...

More Details

Business & Money | Monday 19 April, 2021 12:56 am

Riyad Capital signs agreement with BNP Paribas Securities Services to provide joint asset servicing offering

Riyad Capital has signed an agreement with BNP Paribas Securities Services to provide global custody, fund services and consolidated data management services in the Kingdom of Saudi Arabia under a unique joint servicing model, the first of its kind in the Kingdom and the region. Developed over ...

More Details

Business & Money | Monday 19 April, 2021 12:29 am

Mastercard Track™ Business Payment Service Welcomes HSBC UAE as Part of Mission to Help Modernize the Middle East and Africa’s B2B Payment Ecosystem

Technology leader Mastercard continues to deliver on its promise to modernize business payments worldwide and across the Middle East and Africa region, announcing a new partnership with HSBC that will provide the bank’s commercial customers in the UAE with an enhanced business-to-business payment ...

More Details

Business & Money | Sunday 18 April, 2021 11:18 am

Saudi Aramco part of $50 million funding for US software firm

Saudi Aramco’s investment arm was among a group of investors who awarded SR187.5 million ($50 million) to a Seattle-based manufacturing and technology software company. Seeq Corp. said it had raised the new funds as part of a Series C funding round as the group of investors backing the...

More Details

Business & Money | Sunday 18 April, 2021 10:28 am

Dar Al Arkan brings world’s first villas with Versace Home interiors at Shams Ar Riyadh

 Dar Al Arkan, the leading real estate company in Saudi Arabia, has announced a unique collaboration that will bring the world’s first ever villas with interiors by Versace Home to the Kingdom’s Shams Ar Riyadh project. Versace Home’s outstanding design and craftsmanship will...

More Details

Business & Money | Saturday 17 April, 2021 12:31 pm

#Bupa_Arabia named Middle East’s most valuable insurance brand

Bupa Arabia for Cooperative Insurance has been named as the Middle East's most valuable insurance provider, in the annual report for 2021 by Brand Finance, the world's leading independent brand valuation consultancy headquartered in London. The report noted that Bupa Arabia's strong financial...

More Details

Business & Money | Friday 16 April, 2021 3:41 pm

VAT specialists and accounting technicians get Hadaf support

The Human Resources Development Fund (HADAF) has extended its support to those who hold certificates of the Saudi Organization for Certified Public Accountants (SOCPA) to practice as VAT (value-added tax) specialists and accounting technicians. Under the support scheme, HADAF will extend...

More Details