Business & Money | Tuesday 14 May, 2019 3:27 pm

STC & Philips to unlock telehealth’s potential to transform care in Saudi Arabia

Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, is partnering with The Saudi Telecom Company (STC), the largest telecom operator in the Middle East,  to rollout telehealth solutions powered by Artifical Intelligence in a move that could transform the ability to...

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Business & Money | Tuesday 14 May, 2019 3:22 pm

Al Ahli Bank of Kuwait Wins ‘The Banker Deal of the Year 2019’ Middle East Award for Dubai Aerospace Enterprise Deal

‘The Banker Deals of the Year Awards 2019’  were recently announced and ABK was honored to be recognized as the winner of ‘Deal of the Year’ for their landmark financing facility arranged last year with Dubai Aerospace Enterprise (DAE), which was for $800 million. ABK...

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Business & Money | Tuesday 14 May, 2019 4:36 am

Higher demand anticipated for Gabon wood and forestry exports

The demand for timber products from Gabon is expected to rise with the positive construction business outlook in Central and West Africa. This report was released by Africa Construction Trends 2018 and was received with enthusiasm by the exhibitors and organizers of Gabon WoodShow, the leading...

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Business & Money | Tuesday 14 May, 2019 2:32 am

Draft Law Approved for Residence Permits without a Sponsor or Employer

The Consultative Assembly of Saudi Arabia has approved a draft law regulating the issuance of residence permits for highly-skilled and wealthy foreign nationals without the need for a sponsor.    In a move to attract foreign investors and entrepreneurs, the Consultative Assembly of...

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Business & Money | Tuesday 14 May, 2019 1:34 am

UAE leads MENA region in adopting holistic sustainability strategies: Emirates NBD study

The UAE currently leads the MENA region in organisations adopting a holistic strategy towards sustainability, according to astudy sponsored by Emirates NBD that sheds light on the practices of sustainability and Corporate Responsibility management in the region. The study, which was...

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Business & Money | Monday 13 May, 2019 2:50 pm

Visa Acquires Control of Earthport

Visa’s Ownership of Earthport to Bring More Speed, Simplicity, Transparency and Trust to Global Payments.   Visa Inc. (NYSE:V) today announced it has acquired control of Earthport (AIM:EPO), a company that provides cross-border payment services to banks, money transfer service...

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Business & Money | Monday 13 May, 2019 2:45 pm

Dubai Customs distributes 20,000 meals during Ramadan

HE Ahmed Mahboob Musabih, Director General of Dubai Customs and Philip Frayne, US Consul General to Dubai joined Ghayath Volunteer team last Saturday in distributing 5,000 Iftar meals to motorists and pedestrians on Sheikh Rashid road at sunset time as part of Al Furdah Hands...

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Business & Money | Monday 13 May, 2019 2:00 pm

Hyundai and Careem to Create New Opportunities for Saudi Citizens

In line with the Saudi 2030 Vision and a commitment to Saudization of employment opportunities, Hyundai Motor Company and Careem Fleet Solutions have partnered to launch a program that provides affordable vehicle finance for Careem Captains.    The initiative is supported by Raya...

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Business & Money | Monday 13 May, 2019 4:00 am

DHL Express announces strategic partnership with Vinculum Solutions to facilitate cross-border ecommerce in the MENA region

 DHL Express, the world’s leading international express services provider, has partnered with Vinculum Solutions, a leader in omnichannel retailing, to simplify cross border eCommerce solutions for online brands and retailers. This will enable local eCommerce retail providers to grow...

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Business & Money | Monday 13 May, 2019 4:00 am

In line with its expansion plans to reach customers all over the world, BoConcept opens its largest global store in Riyadh

  BoConcept, the Danish international retail furniture chain, has announced opening its biggest global store in the Saudi capital Riyadh on April 30, 2019. This step comes in support of BoConcept's strategy to expand and reach the largest customer base and contribute towards achieving a ...

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