Business & Money | Monday 13 April, 2020 2:25 am

SAMA and Financial Sector’s Initiatives .. Sustainable Development in the Time of COVID-19 Pandemic

A tremendous development of the economic and financial system in the Kingdom of Saudi Arabia can be observed since the emergence of Corona virus (COVID-19). A high level of professionalism in dealing with local and global developments in an attempt to maintain the stability and sustainability of...

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Business & Money | Monday 13 April, 2020 1:22 am

G20 Finance Ministers and Central Bank Governors to Hold Meeting Next Wednesday

The G20 Finance Ministers and Central Bank Governors will meet under the Saudi G20 Presidency on April 15 to continue to discuss and take urgent actions needed to address the global challenge presented by the COVID-19 pandemic. Traditionally, the April G20 Finance Ministers and Central Bank...

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Business & Money | Monday 13 April, 2020 1:04 am

Pfizer Advances Battle Against COVID-19 on Multiple Fronts

Pfizer Inc. (NYSE: PFE) today announced important advances in the battle against the global COVID-19 pandemic.  As outlined in Pfizer’s five-point plan, the company has been collaborating across the healthcare innovation ecosystem ranging from large pharmaceutical companies to the...

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Business & Money | Sunday 12 April, 2020 1:27 pm

RAKEZ MyBusiness Package unveiled to encourage entrepreneurship

Committed to encourage UAE-based entrepreneurs to turn uncertainty into opportunity, Ras Al Khaimah Economic Zone has rolled out its MyBusiness Package, which is bundled with everything an individual needs to bring their ideas to life during these challenging times.  RAKEZ’s newest...

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Business & Money | Sunday 12 April, 2020 12:24 pm

IG Group launches IG Prime offering to serve the needs of Institutional clients in the prime brokerage market

IG Group, a FTSE 250 global leader in online trading, has today launched IG Prime for institutional clients to address the specific needs of start-up & multi-prime hedge funds and Family Offices. IG Prime will provide clients with prime brokerage services, such as asset servicing, multi...

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Business & Money | Sunday 12 April, 2020 12:07 pm

JAGGAER/Tejari ramps up support, helping customers mitigate risk and maintain EBITDA during the Coronavirus outbreak

Organisations of all sizes around the globe are experiencing a wide variety of unexpected and unplanned supply chain disruptions during the COVID-19 pandemic. In many cases, companies are exposed to problems and risks that might have already existed but have come to the fore as a result of the...

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Business & Money | Sunday 12 April, 2020 12:00 pm

69% of KSA consumers to maintain current shopping habits post COVID-19

A survey commissioned by Kearney Middle East reveals that 95% of KSA respondents have admittedly changed their shopping habits amid COVID-19 developments  Consumers in KSA estimate that they are now spending more online on essential (68%) and non-essential (54%) items since the introduction ...

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Business & Money | Sunday 12 April, 2020 11:36 am

Emirates NBD launches contactless export trade collections capability

As part of its ongoing digitisation strategy, Emirates NBD, a leading bank in the region, has further enhanced its trade portal, smartTRADE, by introducing smartCollections, a new service that enables completely contactless processing of Export Collections. This new digital service aligns with the...

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Business & Money | Sunday 12 April, 2020 11:02 am

Emicool starts testing its Command Control Centre, controls plants remotely

Emirates District Cooling (Emicool) LLC, a leading district cooling service provider in the region and a wholly-owned subsidiary of Dubai Investments, has commenced testing its Command Control Centre (CCC), which provides operations and performance data from all its district cooling plants. The...

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Business & Money | Saturday 11 April, 2020 11:22 am

G20 supports EMPOWER Alliance

The Saudi G20 Presidency organized the inception meeting of the Private Sector Alliance for the Empowerment and Progression of Women’s Economic Representation (EMPOWER). Saudi Arabia's G20 Sherpa gave the opening remarks in which he welcomed the members and expressed strong support of...

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