Friday, September 20, 2019
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Eye of Riyadh

Emirates NBD determined on UAE Paralympic success
Business & Money | Wednesday 18 September, 2019 1:54 pm
The UAE’s pursuit of a record haul of medals at the quadrennial Paralympic Games in Tokyo in 2020 will receive a major boost with the support of Emirates NBD, one of the leading banks in the region. A new partnership between Emirates NBD and the National Paralympic Committee...
Future Food 2019: Her Excellency Mariam Al Mehairi and His Excellency H.E. Abdulla Al Maeeni to be present amongst the panel of speakers
Business & Money | Wednesday 18 September, 2019 12:57 pm
The unprecedented Food and Beverage event, hosted by UAE Food and Beverage Manufacturers Group, which brings together the manufacturing industry, developers, leaders in the sector and the industry experts; will be held on the 25thand the 26thof September 2019 at  Address Hotel, Dubai...
Saudi Arabia Joins the Global Race to AI Leadership
Business & Money | Wednesday 18 September, 2019 12:40 pm
Saudi Arabia is taking its economy to the next level by channelling a major part of investments into emerging technologies through its PIF (Public Investment Fund). Majority of CEOs in Saudi Arabia are seeing the favourable impact that AI, Robotics and Intelligent & Cognitive Automation can...
Dubai Cultiv8 invests in FinTech startup Wahed Invest  in a multi-million dollar deal
Business & Money | Wednesday 18 September, 2019 12:33 pm
Dubai Cultiv8 Investments Limited (Dubai Cultiv8), a full subsidiary of Mohammed Bin Rashid Fund for SME (an integrated division of the Department of Economic Development “DED”), has announced a multi-million dollar investment in Wahed Invest (“Wahed”) through its USD 100...
Bahri signs VLCC order with IMI and HHI to promote indigenous shipbuilding industry in Saudi Arabia
Business & Money | Wednesday 18 September, 2019 11:00 am
Bahri, a global leader in logistics and transportation, announced today it has signed a Vessel Purchase Agreement (VPA) with International Maritime Industries (IMI) and a subsequent sub-contract agreement with its long-term partner Hyundai Heavy Industries (HHI) to build of a 319,000 DWT Very Large ...
McDonald’s Declares September 19 Global ‘McDelivery Night In’ with Release of First-Ever Night In Product Line
Business & Money | Wednesday 18 September, 2019 5:00 am
McDonald’s will host its annual McDelivery celebration on Thursday, September 19 with a new twist: A new line of apparel and accessories to help maximize the night-in vibes. The majority (60%) of McDelivery orders globally are placed at night, so McDonald’s is encouraging everyone...
UNHCR’s Refugee Zakat Fund Recognized as Best Global Zakat Distribution Platform 2019 by Global Islamic Finance Awards
Business & Money | Wednesday 18 September, 2019 2:30 am
UNHCR’s pioneering Refugee Zakat Fund has been recognised as the ‘Best Global Zakat Distribution Platform 2019’ at the Global Islamic Finance Awards (GIFA), held in Cape Town, South Africa last night (Sep. 16). With Islamic finance becoming a more prominent and sophisticated...
Dynamic currency conversion option on Emirates NBD ATMs
Business & Money | Wednesday 18 September, 2019 1:39 am
Visitors to the UAE will now have the option of choosing to carry out dynamic currency conversion of their cash withdrawals when using their Visa card at any Emirates NBD ATM across the country.   The initiative follows a successful pilot by Emirates NBD in partnership with Network...
Worker housing project kicks off in NEOM city
Business & Money | Wednesday 18 September, 2019 1:28 am
The NEOM company on Tuesday started construction work on the first phase of residential complexes dedicated to project workers’ housing. The first phase will house 30,000 workers who will be moving to NEOM to develop different areas of the project. Building...
5.6% Growth in the Fire Safety Systems Equipment in the Kingdom in the Next Five Tears
Business & Money | Wednesday 18 September, 2019 1:12 am
An industrial report indicated, discussed during the Saudi International Oil Fire Safety Conference OFSAC 2019 and its accompanying exhibition, that the market of fire safety equipment and systems in the Kingdom will witness a remarkable growth of 5.6% during the next five years. The...