Business & Money | Tuesday 9 June, 2020 12:26 pm

APICORP participates in financing the first Independent Sewage Treatment Plant in Saudi Arabia

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today that it has provided USD40 million in financing to the Kingdom of Saudi Arabia’s first Independent Sewage Treatment Plant (ISTP) sponsored by the private sector – out of a...

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Business & Money | Tuesday 9 June, 2020 12:23 pm

New Autonomous ITVS to Boost Operational Efficiency at Jebel Ali Port in Deal between DP World, UAE Region and DGWORLD

Leading trade enabler, DP World, UAE Region and the autonomous vehicle, robotics and AI specialist DGWorld has entered a contractual agreement to equip Jebel Ali Port with a fleet of Autonomous Internal Terminal Vehicles (AITV´s), including all related integrations in the existing operation...

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Business & Money | Tuesday 9 June, 2020 10:37 am

Samba launches instant credit card issuance service online

As part of its commitment to serve customer needs faster and more conveniently through its 24-hour electronic banking channels, Samba Financial Group recently launched an instant credit card issuance service through SambaMobile and SambaOnline. For the first time, the new service allows Samba...

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Business & Money | Tuesday 9 June, 2020 10:34 am

MBRSG releases COVID-19 report highlighting UAE’s swift and effective response to outbreak

The prompt and effective actions taken by the UAE to contain the spread of COVID-19 in the country has been outlined in a detailed report released by the Mohammed bin Rashid School of Government (MBRSG) in collaboration with the Knowledge to Policy (K2P) Center Faculty of Health...

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Business & Money | Tuesday 9 June, 2020 9:48 am

The Red Sea Development Company Announces Medical Services Contract Award

The Red Sea Development Company (TRSDC), the developer behind one of the world’s most ambitious tourism projects, has awarded a contract for the provision of medical services during the initial construction phase of the project. The contract was awarded following a competitive tendering...

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Tourism & Hospitality | Tuesday 9 June, 2020 9:41 am

Shangri-La Hotels and Resorts’ Heroes Campaign to celebrate medical workers around the world

Shangri-La Hotels and Resorts has launched a global Heroes Campaign to celebrate and recognise the tireless work medical workers are undertaking around the world.The campaign, which will run until the end of June will see the company donate 100 room-nights at 12 participating hotels to key medical...

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Culture & Education | Tuesday 9 June, 2020 9:25 am

Training program launched for Saudi youth

A new training program to support entrepreneurship among Saudi youth will teach participants important steps in starting a business. As part of the Kingdom’s drive to increase the role of small and medium enterprises in the economy, Neom, a planned cross-border city that aims to use smart...

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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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