Business & Money | Monday 23 October, 2023 8:45 am

FCCI Secretary General, Deputy Prime Minister of Fiji discuss ways to strengthen private sector relations

Humaid Mohamed Ben Salem, Secretary-General of the Federation of UAE Chambers of Commerce and Industry (FCCI), discussed in his office in Dubai with Manoa Seru Kamikamica, Deputy Prime Minister and Minister for Trade, Cooperatives, Small and Medium Enterprises and Communications of the Republic of...

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Business & Money | Monday 23 October, 2023 8:42 am

Sharjah Chamber welcomes nearly 5,000 new member companies in 2023

The Sharjah Chamber of Commerce and Industry (SCCI) has logged an impressive surge in new memberships this year, registering 4,981 new companies through the end of the third quarter.With this increase, the Chamber’s main branch and its other branches in Al Dhaid, Khor Fakkan, Dibba Al-Hisn, and...

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Business & Money | Monday 23 October, 2023 8:40 am

Saudia Group New Brand Prioritizes Growth, Expansion and Localisation

Saudia Group, formerly known as Saudi Arabian Airlines Holding Corporation, has unveiled its new brand identity as part of a comprehensive transformation strategy which included the rebrand of Saudia – the national flag carrier of Saudi Arabia. The announcement comes as the Group reaffirms its...

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Business & Money | Monday 23 October, 2023 8:36 am

CMA approves Trahum Endowment Fund IPO

The Capital Market Authority (CMA) gave the go-ahead for Al Rajhi Capital's request to float units of Trahum Endowment Fund, according to the CMA website.   An investment decision without reading the terms and conditions (T&Cs) carefully or fully reviewing its content may involve ...

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Business & Money | Monday 23 October, 2023 8:35 am

Al Yamamah Steel inks SAR 185.9 mln electrical towers contract

Al Yamamah Steel Industries Co. signed, on Oct. 22, a contract with Al Sharif Group & KEC Ltd. to manfucture and supply electrical towers at a total value of SAR 185.9 million excluding VAT, according to a statement to Tadawul.   The contract will extend for 10 months, and the...

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Healthcare | Monday 23 October, 2023 8:29 am

Saudi Arabia applies annual fees to vehicle driving licenses as per fuel efficiency

Saudi Arabia started today, Oct. 22, applying the first phase of annual fees to the issuance and renewal of vehicle licenses as per their fuel efficiency, Saudi Press Agency reported. The first phase will be applied to new light vehicles starting from model 2024.    ...

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Government | Monday 23 October, 2023 8:26 am

Saudi Arabia, South Korea sign bilateral agreements

Saudi Crown Prince Mohammed bin Salman welcomed Korean President Yoon Suk Yeol at Al Yamamah Palace in Riyadh today, Oct. 22. Both leaders held an expanded meeting, and an official talks session, the SPA reported. During the meeting, the two sides held official discussions about bilateral ...

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Business & Money | Monday 23 October, 2023 8:25 am

PIF, Hyundai Motor sign JV agreement on automotive manufacturing plant in Saudi Arabia

The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) announced the signing of a joint venture (JV) agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia.   PIF will hold a 70% stake in the new joint venture with Hyundai holding the...

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Environment & Energy | Monday 23 October, 2023 8:12 am

Saudi Arabia converts 60% of high value-added aluminum products: Alkhorayef

Saudi Arabia is betting on becoming a key contributor to the global supply chains and on finding solutions for the challenges they face, thanks to its natural resources, strategic location and human capabilities, Minister of Industry and Mineral Resources Bandar Alkhorayef...

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Technology & IT | Sunday 22 October, 2023 3:02 pm

Kaspersky launches specialized security solution for containerized environments

Kaspersky has launched a full-featured solution for containerized environments – Kaspersky Container Security (KCS). It secures containerized application at all stages, from development to operation. The product is ready to go directly after installation, low-cost, and easy to deploy and...

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