Business & Money | Tuesday 14 April, 2020 2:55 pm

Visa supports move in KSA to increase in PIN-free contactless transactions

In accordance with SAMA’s decision, Visa cardholders in Saudi will only be required to enter PIN for contactless transactions above SAR300; new limit is a 200% increase on previous SAR100 limitVisa is working alongside local bank partners and merchants to implement new PIN-free limit on Visa...

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Environment & Energy | Tuesday 14 April, 2020 2:48 pm

Empower advances technologies in plant operations, remote working and customer services.

Un-manned self-operating plants and Command Control Centre   AI for analyzing millions of data and the operation of the Thermal Energy Storage (TES) tanks   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services...

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Business & Money | Tuesday 14 April, 2020 2:04 pm

PepsiCo supports the MENA region with $5 million relief funds in response to the COVID-19 crisis

As regional efforts kick into high gear to provide relief from the devastating impact of COVID-19, PepsiCo and its philanthropic arm, the PepsiCo Foundation have confirmed that it is committing $5 million in relief efforts across the region. In the wake of the COVID-19 pandemic, PepsiCo, The...

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Business & Money | Tuesday 14 April, 2020 1:45 pm

MAWANI & SGP signs remotely the largest single BOT Agreement in the Kingdom with investments of 7 billion Saudi Riyals

Saudi Ports Authority (MAWANI) and Saudi Global Ports (SGP) signed a new Build, Operate and Transfer (BOT) agreement for the Container Terminals in the King Abdulaziz Port in Dammam over a virtual signing ceremony today. Under the patronage of H.R.H. Prince Saud bin Nayef bin Abdulaziz,...

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Business & Money | Tuesday 14 April, 2020 1:34 pm

Statement on Finance and Trade

The COVID-19 pandemic knows no boundaries, with about 1.8 million confirmed cases and over a hundred thousand deaths across 209 countries and territories. As the COVID-19 pandemic continues to spread, so do the resulting economic shockwaves. Heightened uncertainty surrounding the crisis means the...

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Business & Money | Tuesday 14 April, 2020 1:05 pm

Nakheel completes deep disinfection at 647 residential buildings across Dubai

Master developer Nakheel has completed a two-week precautionary deep disinfection programme at all 647 residential buildings in its Dubai property portfolio as part of its continued efforts to safeguard public health.   More than 6,000 corridors, 3,000 concierge and lobby areas, and...

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Technology & IT | Tuesday 14 April, 2020 12:48 pm

WHY OLED IS THE BEST TV FOR GAMING

Latest Technology by LG Creates a Seamless and Immersive Gaming Experience With so many televisions to choose from, picking the right one for gaming can be a challenge. There are many factors to take into consideration, from refresh rates, screen size and resolution, to avoiding tearing,...

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Environment & Energy | Tuesday 14 April, 2020 12:01 pm

Apicorp 2019 Financial Results Demonstrate Strong Growth Momentum With Net Income Of Usd 112 Million

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, today disclosed its financial results for the year ended 2019. Building on record performance in 2018, APICORP posted strong results including a 17% Y-O-Y increase in net recurring income to...

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Sports | Tuesday 14 April, 2020 11:38 am

3.8 million people across Saudi engage with Sports for All Federation’s Baytak Nadeek campaign

The digital national health and wellness campaign launched by the Saudi Sports for All Federation (SFA), Baytak Nadeek, has already reached more than 3.8 million people in just over two weeks. The SFA’s aim for the Baytak Nadeek campaign (#بيتك_ناديك Arabic for ‘Your Home, Your...

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Culture & Education | Tuesday 14 April, 2020 11:28 am

Special Grading Model Introduced at Zayed University Amid Remote-Learning Period

Following the three weeks of Remote Learning, Zayed University (ZU) announced the implementation of a special grading model for courses of the Spring 2020 semester, to ensure students GPA won’t get effected due to current circumstances.   The Pass/No Pass (P/NP) model, which has...

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