Business & Money | Saturday 31 October, 2020 1:05 am

Radisson Hotel Group Remains Committed And Prudently Optimistic As It Looks Towards The Future

Globally, the hospitality sector has faced challenging times due to COVID-19 which has resulted in reduced travel demand and booking cancellations. Moving forward, there will continue to be changes to the hospitality and travel sectors as consumers adapt and review their travel plans. Hospitality...

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Business & Money | Saturday 31 October, 2020 12:10 am

T20 Think Tanks Ramp Up Engagement During Pandemic And Call For G20 Leaders To Use Covid-19 As An Opportunity To 'build Back Better'

Global political leaders must take a long-term view of recovery from the COVID-19 pandemic, Think20 (T20) experts advise as their Summit Season comes to an end ahead of November's G20 Summit. T20, the research and policy advice network of the Group of 20 (G20), kicked off its T20 Summit Season ...

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Business & Money | Friday 30 October, 2020 5:30 am

"Zain Ksa" Increases Its 5G Network Coverage To 50 Cities Enabled By More Than 4,600 Towers

Zain KAS announced that it has added 3 new cities, Buqayq, Jubail, and Hafar Al Batin, to the 5G services map. With this new addition, the number of cities in the Kingdom covered by the company's 5G network has increased to 50 cities enabled by more than 4,600 towers. Accordingly, the three new...

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Business & Money | Friday 30 October, 2020 5:20 am

Riyadh Tech Start-up Foodics Launches $100M Fund To Support Smes

It will extend loans between $5,000 and $133,000, depending on the requirements of the businessesFoodics, a Riyadh-based technology start-up servicing the retail and food and beverage industries, rolled out a $100 million micro loan fund on Tuesday to support small and medium-sized enterprises.A...

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Business & Money | Friday 30 October, 2020 1:04 am

Etihad Becomes First Airline To Issue Sustainability-linked Sukuk

Etihad Airways, the national airline of the United Arab Emirates, has launched the world’s first Transition Sukuk and the first Sustainability-Linked financing in global aviation, under a Transition Finance Framework. This follows the first aviation financing linked to the United Nations...

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Business & Money | Friday 30 October, 2020 12:02 am

Cyber Crime Costing Industry Up To $8-trillion Annually Revealed At Acronis Global Cyber Summit 2020

Cyber crime is costing businesses worldwide between $4-8 trillion annually and has the potential to grow twenty-fold over the next few years according to Acronis CEO and founder Serguei “SB” Beloussov speaking at the Acronis Global Cyber Summit 2020. The Summit attracted more than 9,500...

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Business & Money | Thursday 29 October, 2020 1:10 am

Bee’ah Confirms Landmark Waste Management Contract At Egypt’s New Administrative Capital

 Bee’ah, the UAE-based leading sustainability pioneer, and the Administrative Capital for Urban Development (ACUD) have officiated Bee’ah’s appointment as the waste management and city cleaning partner for the new Administrative Capital in Egypt at a signing ceremony, marking...

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Business & Money | Thursday 29 October, 2020 12:21 am

Larsen & Toubro Makes Its Presence Felt In The Middle East

Larsen & Toubro (L&T) is showcasing its digital solutions and distinctive range of Engineering, Procurement and Construction services at the Water, Energy Technology and Environment Exhibition (WETEX) and the Dubai Solar Show 2020, which began on October 26th 2020. The show is the...

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Business & Money | Thursday 29 October, 2020 12:09 am

Snc-lavalin’s Atkins Business Awarded Lead Design Contract For Six Flags Qiddiya Theme Park In Saudi Arabia

SNC-Lavalin’s Atkins business has been awarded the lead design consultant services contract from Qiddiya Investment Company (QIC) for the Six Flags Qiddiya theme park project – located within Qiddiya, south-west of Riyadh, the capital of Saudi Arabia.Under the three-year contract, Atkins,...

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Business & Money | Wednesday 28 October, 2020 3:35 am

Saudi Ministry To Announce New Initiatives To Develop Labor Market

Saudi Arabia will announce a new set of initiatives to organize and improve the labour market, a spokesperson for the Ministry of Human Resources and Social Development said on Tuesday.Nasser bin Abdulrahman Al-Hazani tweeted that all initiatives will be announced as soon as they are ready and...

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