Business & Money | Wednesday 17 March, 2021 5:14 am

stc pay Turns to Red Hat OpenShift to Help Unlock Digital Services Innovation

Red Hat, Inc., the world's leading provider of open source solutions, today announced that stc pay has chosen Red Hat to help it expand its fintech services. stc pay uses Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform, along with Red Hat integration and cloud storage...

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Business & Money | Wednesday 17 March, 2021 1:08 am

Dar Al Arkan moves actively to spread Saudi Arabian brands overseas and start works on Sidra, the first of its kind vacation and 2nd homes project in Bosnia.

Dar Al Arkan, the leading real estate development company in Saudi Arabia, has released its SR500,000,000 new luxury vacation and housing development in Bosnia for sale.  The project offers the opportunity to own a second home in a haven of peace and tranquility within the heart of Europe and...

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Business & Money | Tuesday 16 March, 2021 9:56 am

Ferns N Petals is All Set to Launch Operations in Saudi Arabia & Expand Business in the Middle East

Ferns N Petals is a world-renowned online gifting portal. The company was established in India in 1994 and gained a lot of fame for its exceptional services. Ferns N Petals is a one-stop platform for all your gifting needs. From fresh flower arrangements to personalised gifts, the company offers...

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Business & Money | Tuesday 16 March, 2021 9:13 am

KPMG Report: Despite pandemic, Saudi banks have thrived rather than survived; a dynamic outlook for 2021

KPMG’s latest report on the financial sector, Banking Perspectives 2021, records the sector seen moving towards a better year. Backed by government reforms, halt in credit losses (ECL), stable liquidity, stronger CAR, and transformational changes, banks are heralding a stable year, as compared to ...

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Business & Money | Tuesday 16 March, 2021 6:56 am

Bahri Chemicals concludes long-term time charter agreement with UACC for 9 IMO2 MR chemical tankers

Bahri, a global leader in logistics and transportation, today announced that its business unit Bahri Chemicals has concluded a long-term time charter agreement with Dubai-headquartered international shipping company United Arab Chemical Carriers Limited (UACC). As part of the deal, nine UACC IMO2...

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Business & Money | Tuesday 16 March, 2021 2:43 am

Lumi, Seera Group’s car rental business, expands retail presence in KSA with bid wins for 3 additional airport counters

 Lumi, the car rental business of Seera Group, is expanding its retail service network in Saudi Arabia, having won the bid to open counters at Jeddah King Abdulaziz International Airport, Ta'if Regional Airport and Al-Baha Domestic Airport in Saudi Arabia. These join the current network of 8...

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Business & Money | Tuesday 16 March, 2021 1:35 am

Schneider Electric partners with Origin Systems to deliver smart factory solutions for the Gulf’s manufacturers

Schneider Electric has signed an agreement with regional systems integrator Origin Systems. The partnership between the two will focus on providing consultancy and expertise to Gulf-based manufacturers who are looking to upgrade their factories through the latest technologies. The intent is to...

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Business & Money | Monday 15 March, 2021 10:44 am

Wa’ed, Royal Commission for Jubail & Yanbu, announce start-up alliance in Saudi Arabia’s two largest industrial zones

Wa’ed, the entrepreneurship arm of Aramco, signed a memorandum of understanding (MOU) with the Royal Commission for Jubail & Yanbu to support the creation of new start-ups and SMEs in Saudi Arabia’s two largest industrial cities.The agreement with the Royal Commission, which oversees the...

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Business & Money | Monday 15 March, 2021 2:16 am

Saudi Arabia In the Top 30 Global Destinations Where Foreign Nationals Would Prefer To Pursue Career Options

The Kingdom of Saudi Arabia’s (KSA) international standing as a preferred location where foreign nationals would like to pursue professional opportunities has increased, with the country’s global attractiveness rising seven places from number 35 in 2018 to number 28 in 2020, according to a new...

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Business & Money | Sunday 14 March, 2021 1:11 pm

Ericsson KSA empowers local female talents

In line with the Kingdom of Saudi Arabia’s (KSA) 2030 Vision, Ericsson (NASDAQ: ERIC) is working towards empowering more Saudi women in the field of Science, Technology, Engineering and Mathematics (STEM). As of December 2020, the overall company representation stands at 25% women. Moreover, ...

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