Business & Money | Wednesday 13 November, 2019 12:48 pm

Saudi Arabia’s Flagship Misk Foundation signs MoU with Hub71 for Cross-Market Access into the UAE and KSA

During the three-day Misk Global Forum in Riyadh, the Misk Foundation signed a Memorandum of Understanding (MoU) with Hub71, Abu Dhabi’s global tech ecosystem, that outlined steps towards creating a more dynamic market for startups between the Kingdom of Saudi Arabia and the United Arab...

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Business & Money | Wednesday 13 November, 2019 10:31 am

ADNOC Forms Joint Venture with Abu Dhabi’s Group 42 to Develop and Commercialize AI Products for the Oil and Gas Industry

The Abu Dhabi National Oil Company (ADNOC) announced today it has signed an agreement with Group 42 (G42), an Abu Dhabi based artificial intelligence (AI), cloud and supercomputing company, to establish a joint venture to develop and commercialize market-leading AI products for the oil and gas...

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Business & Money | Wednesday 13 November, 2019 10:08 am

DAMAC Properties reports revenue of AED 2.8 billion and sales of AED 2.4 billion in the first nine months of 2019

DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for the nine months of 2019, reporting a total revenue of AED 2.8 billion, with booked sales reported at AED 2.4 billion.   Gross profits for the same period stood...

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Business & Money | Wednesday 13 November, 2019 9:57 am

ADNOC Distribution partners with ADCB for Virtual Accounts

Abu Dhabi Commercial Bank (ADCB) and ADNOC Distribution have recently entered into an agreement for ADCB’s digital banking solution, Virtual Accounts. The Virtual Accounts solution is enabling ADNOC Distribution, one of the region’s largest and most innovative petroleum companies, to...

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Business & Money | Wednesday 13 November, 2019 3:44 am

SDRPY, SU train 80 professionals from 14 Saudi govt entities

The Saudi Development and Reconstruction Program for Yemen (SDRPY) officials jointly organized the 1st Saudi-UK Stabilization Workshop here Tuesday. The workshop was jointly held with counterparts from the Stabilization Unit (SU) of the Department for International Development (DFID), the...

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Business & Money | Wednesday 13 November, 2019 1:48 am

Uber and Alnahda Society celebrate graduating Saudi women drivers

Uber and Alnahda, a non-profit organization, hosted a special ceremony in recognition of women who benefited from the partnership between Uber and Alnahda, and earned their driver’s licenses from the Saudi Driving School (SDS).  The ceremony took place at Alnahda’s...

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Business & Money | Tuesday 12 November, 2019 12:16 pm

Over 23 employers set to showcase job opportunities at ADU’s career fair

Abu Dhabi University (ADU) students and graduates are set to meet with prospective employers, discover potential internships and explore part-time and full-time employment opportunities with leading local and multinational companies during the targeted career fair taking place...

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Business & Money | Tuesday 12 November, 2019 11:26 am

Saudi Contractor Authority certified by Great Place to Work®

Great Place to Work® honored the Saudi Contractors Authority after recently selecting its workplace as one of the best workplaces in Saudi Arabia in 2019. Since its inception nearly 30 years ago, Great Place to Work® has advised organizations to lay foundations for a distinctive workplace...

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Business & Money | Tuesday 12 November, 2019 9:59 am

The Custodian of the Two Holy Mosques King Salman Al Saud Awards Sipchem at the “King Khalid Sustainability Award” Ceremony

The Custodian of the Two Holy Mosques, King Salman Bin Abdulaziz Al Saud, honored the winners of the 2019 edition of the King Khalid Award, comprising of three divisions: (Development Partners), (Excellence for Non-Profit Organizations), and (Sustainability) during the awarding ceremony held at Al...

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Business & Money | Tuesday 12 November, 2019 4:32 am

Dubai Customs: DLC made 130,000 customs transactions between January and September 2019

Director General of Dubai Customs Ahmed Mahboob Musabih made a field trip to the customs centers at the Dubai Logistics City (DLC), and Al Maktoum Cargo Center, which operate under the Jebel Ali Customs Center Management, and the passenger terminal at Al Maktoum International Airport. Musabih...

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