Environment & Energy | Tuesday 9 June, 2020 9:22 am

Saudi Arabia urges OPEC+ members to fulfill oil production cut commitments

Saudi Energy Minister Prince Abdul Aziz bin Salman on Monday stressed the Kingdom’s determination to rebalance global oil markets in the wake of the successful weekend meeting of members of the OPEC+ alliance. “First and foremost, our purpose is to ensure the stability of the markets,”...

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Environment & Energy | Tuesday 9 June, 2020 9:02 am

Saudi Arabian Young Innovators Win People’s Choice Award for 2020 Purina BetterwithPets Prize

Pet Me, a mobile App project developed by a team of six young Saudi Arabian innovators which aims to facilitate free pet adoption and foster pet relationships and empathy in Saudi Arabia, has won the People’s Choice category of the 2020 Purina BetterwithPets Prize, announced in a...

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Business & Money | Tuesday 9 June, 2020 8:26 am

Enterprising Saudi businesses, citizens have market for cloth face masks sewn up

An industrious army of Saudi businesses and enterprising individuals has got the Kingdom’s booming new market for cloth face masks all sewn up.Since wearing masks in public areas and workplaces became mandatory in the country on May 30 as part of measures to stop the spread of the coronavirus...

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Business & Money | Tuesday 9 June, 2020 6:06 am

Framework Working Group Advances the G20 Action Plan

The G20 Framework Working Group (FWG) met virtually on June 8, 2020 to advance the G20 Action Plan – Supporting the Global Economy through the COVID-19 Pandemic –. The Action Plan was endorsed by the G20 Finance Ministers and Central Bank Governors during their meeting on April 15, 2020.The FWG ...

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Business & Money | Tuesday 9 June, 2020 6:00 am

Ericsson Response: 20 years of providing connectivity in emergencies

Ericsson Response, the company’s humanitarian relief program that focuses on providing connectivity to humanitarian workers and populations in affected areas, is celebrating 20 years of service. Find out about the key role the program plays enabling humanitarian response here. The mission...

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Business & Money | Tuesday 9 June, 2020 5:00 am

GROHE Goes ZERO – GROHE Achieves Carbon-Neutral Production

As one of the first leading manufacturers for full bathroom solutions and kitchen fittings, GROHE has now achieved carbon-neutral production. GROHE has thus reached a central milestone in its long-term commitment to sustainability. “The initiative ties in seamlessly with the numerous...

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Cars & Autos | Monday 8 June, 2020 1:46 pm

Almajdouie Changan opens a state-of-the-art center for after-sales service

Almajdouie Motors Company, the authorized distributor for Changan cars in Saudi Arabia, has announced the opening of a state-of-the-art center for after-sales services for its customers in the eastern region.   The company has announced the start of operating its new advanced center...

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Business & Money | Monday 8 June, 2020 1:28 pm

Lockheed Martin Partners with TAQNIA to Build New Satellite Ground System for Kingdom of Saudi Arabia

Following the successful launch and operation of Saudi Arabia’s newest commercial communications satellite, SaudiGeoSat-1 (SGS-1), Lockheed Martin (NYSE: LMT) has been selected to develop a new ground system to control, manage and operate the satellite. The Saudi Technology Development and...

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Business & Money | Monday 8 June, 2020 1:01 pm

Finastra research reveals strong interest in Open Banking among UAE banks

Finastra research1 reveals that nearly nine out of ten (88%) financial institutions in the UAE plan to enable Open Banking in the next 12 months. The demand from UAE banks for further collaboration is driven by innovation in customer service and the customer experience. However, the main factors...

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Technology & IT | Monday 8 June, 2020 11:52 am

Nearly half of Arab online users, did not receive cybersecurity guidelines from employers

Kaspersky conducted a recent survey in collaboration with popular Arabic technology news portal – AITnews. This survey aims to understand employees working from home are equipped to protect themselves from the increased attacks on networks and mobile devices.  The survey revealed...

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