Business & Money | Sunday 15 November, 2020 12:23 pm

Fintech Saudi Announces the Launch of Fintech Tour 20 and Invites Everyone to Join

Fintech Saudi, an initiative launched by the Saudi Arabian Monetary Authority and the Capital Markets Authority to support the growth of the fintech industry in Saudi Arabia is excited to announce the third annual Fintech Tour to be held from 29 November – 10 December 2020.  Fintech...

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Business & Money | Sunday 15 November, 2020 12:18 pm

wasl cements its leading position in the sector, receives Dubai Quality Gold Award

wasl Asset Management Group, one of the leading real estate management and development companies in Dubai, has announced its winning of the prestigious Dubai Quality Gold Award, which is part of the Business Excellence Awards. The event was hosted by Dubai Economy and was held virtually under the...

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Business & Money | Saturday 14 November, 2020 2:31 pm

SAIP now to be under purview of prime minister office: Royal order

The Saudi Authority for Intellectual Property (SAIP) has organizationally put under the purview of the prime minister office, according to a royal order.The royal order also directed that the Board of Directors of the SAIP would be headed by the Minister of State Mohammed Bin Abdulmalik Al...

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Business & Money | Saturday 14 November, 2020 1:54 am

Under Saudi Arabia's Chairmanship, G20 Member States' Finance Ministers, Central Bank Governors Hold Extraordinary Meeting

The Finance Ministers and Central Bank Governors of the G20 Countries held a meeting today under the Kingdom of Saudi Arabia's presidency of the G20, chaired by Minister of Finance Mohammed Al-Jadaan and Governor of the Saudi Arabian Monetary Authority Dr. Ahmed Al-Kholifey.The Finance Ministers...

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Business & Money | Friday 13 November, 2020 6:24 am

SALAMA’s net profit for first 9 months surges 392% to AED 137.06m

SALAMA has continued to build on the strong progress made in H1 2020, in particular delivering significant growth in underlying net profit, with the first nine months of 2020 more than doubling to AED 73.69m (YTD 2019: AED 34.99m). This growth, which sees SALAMA further deliver on the Board’s...

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Business & Money | Friday 13 November, 2020 3:34 am

Saudi Arabia Signs Agreement with United States to Implement Multi-sector Joint Program in Cox's Bazar

The Kingdom of Saudi Arabia signed virtually an agreement with the United States of America to implement a multi-sector joint program in Cox's Bazar District of the Republic of Bangladesh through the implementing partner World Food Program, with the aim of rehabilitating multi-use homes, with a...

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Business & Money | Thursday 12 November, 2020 5:35 pm

G20 Finance Ministers and Central Bank Governors Convene For an Extraordinary Meeting Under The Saudi G20 Presidency

The G20 Finance Ministers and Central Bank Governors (FMCBGs) will meet under the Saudi Presidency on Friday November 13, 2020, to discuss the “Common Framework for Debt Treatments beyond the DSSI”. This FMCBG meeting will be chaired by Mr. Mohammed Aljadaan, Saudi Minister of Finance, and ...

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Business & Money | Thursday 12 November, 2020 2:04 pm

DAMAC Properties reports revenue of AED3.7 billion and net loss of AED 931 million for 9M 2020

DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company") announced financial results for the first nine months of 2020. Total revenue stood at AED 3.7 billion vs AED 2.8 billion in 9M 2019. Booked sales for the period stood at AED 1.6 billion vs AED 2.4 billion for the similar...

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Business & Money | Thursday 12 November, 2020 12:41 pm

Virtual Global Symposium on Health hosted by Mohammed bin Rashid School of Government Continues

Education, health security, and reimagining research were three of the key topics covered in the initial sessions of the sixth Global Symposium on Health Systems Research (HSR2020), which opened on Sunday.  Running throughout the week, HSR2020 is being hosted by the Mohammed bin Rashid...

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Business & Money | Thursday 12 November, 2020 6:06 am

King Abdullah International Medical Research Center Deploys Oracle Cloud Infrastructure To Run Vital COVID-19 Research

Saudi Arabia’s King Abdullah International Medical Research Center (KAIMRC), one of the leading biomedical and clinical research institutions has chosen Oracle Cloud Infrastructure to provide high performance computing (HPC) to power its complex research into a potential treatment for COVID-19...

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