Business & Money | Monday 14 September, 2020 3:36 am

Dubai South Properties Invests Aed 500 Million In Developing Best-in-class Sakany Staff Accommodation

Master-developer, Dubai South Properties, announced that investments in its first leasehold staff accommodation development, Sakany, have reached AED 500 million, helping to position the project as a regional benchmark for safe and secure housing for blue collar workers. The welfare of residents is ...

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Business & Money | Monday 14 September, 2020 2:20 am

Sidra Capital distributes in excess of 7.5% on its international real estate portfolio

Sidra Capital’s strategy of focusing on income-generating real estate investments in core and core plus locations of mature markets has once again delivered on its return to investors. The company announced details of its real estate portfolio distributions for Q2 2020 which on average have...

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Business & Money | Sunday 13 September, 2020 5:39 pm

Dubai-based prominent African entrepreneur and philanthropist, Mahmood Ahmadu, conferred the Forbes ‘Best of Africa’ Award

In a virtual ceremony held on September 11th 2020, Mr. Mahmood Ahmadu – founder of Africa’s leading multi-business IT conglomerate - was one of three celebrated business leaders to be presented the Forbes Best of Africa Award for 2020. Mr. Ahmadu received the Award in recognition of the several ...

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Business & Money | Sunday 13 September, 2020 5:33 pm

Almarai Wins the Middle East’s Best in Class Treasury Solution 2020

Almarai awarded the Best in Class Treasury Solution in the Middle East for the year 2020 at Adam Smith Awards. The company applied outstanding solutions that demonstrate exceptional best practice and innovation in the corporate treasury arena. Treasury Today’s Adam Smith Awards is...

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Business & Money | Sunday 13 September, 2020 4:06 pm

Emicool’s electric vehicle fleet operation marks a year, drops CO2 emissions by 135.5 Tons, maintenance costs by 48%

Emirates District Cooling (Emicool) LLC, a leading district cooling service provider in the region and a wholly owned subsidiary of Dubai Investments, has announced marking a year of operation after the implementation of the first phase with 10 Renault ZOE electric vehicle fleet, cutting CO2...

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Business & Money | Sunday 13 September, 2020 10:12 am

SAL now runs operations of customs security areas at main airports

Saudi Arabian Logistics (SAL), a member of the Saudi Arabian Airlines Corporation, has officially begun today running the operations of customs security areas across most Kingdom’s airports, as part of the Memorandum of Understanding (MoU) signed previously by the Saudi Customs and the National...

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Business & Money | Saturday 12 September, 2020 2:38 pm

KAPSARC assesses impacts of precautionary measurement imposed by KSA

While mitigating the precautionary measures that Saudi Arabia has taken since mid-March to prevent the spread of COVID-19, and starting the return of business as usual, the King Abdullah Petroleum Studies and Research Center (KAPSARC) assessed in its latest Instant Insight publication the impact of ...

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Business & Money | Saturday 12 September, 2020 2:02 pm

Chairman, Ras al Khaimah Chamber of Commerce and Industry Receives Sri-Lanka Ambassador to UAE

H. E Mohamed Ali Musabbeh Al Nuaimi, Chairman of Ras al Khaimah Chamber of Commerce and Industry received His Excellency Malraj De Silva, Ambassador of the Democratic Socialist Republic of Sri Lanka to the United Arab Emirates who led a business delegation on Thursday 10th of...

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Business & Money | Saturday 12 September, 2020 11:12 am

Alwaleed Philanthropies and the Human Rights Commission sign a Memorandum of Cooperation to Protect Human Rights and Empower Women and Youth

Alwaleed Philanthropies, chaired by HRH Prince Alwaleed Bin Talal Al Saud, and the Human Rights Commission (HRC) have signed a memorandum of cooperation (MoC) to strengthen the protection of human rights for women and youth in Saudi Arabia.  The agreement was signed by His Excellency Dr....

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Business & Money | Friday 11 September, 2020 9:27 am

Saudi minister of human resources and social development addresses G20 employment and labor ministers virtual meeting

Eng. Ahmed bin Suleiman Al-Rajhi, Minister of Human Resources and Social Development, said that supporting the youths, particularly those drastically affected by coronavirus COVID-19, is imperative to achieve the commitment pledged by the leaders of G20 in Italy 2015 when they sought to reduce the...

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