Business & Money | Monday 9 July, 2018 1:17 am

(GIAS) to host 500 aviation investors as UAE invests Dh85bn in airports

Dubai will host the first Global Investment in Aviation Summit (GIAS) – a major aviation conference – to be attended by the world’s 500 top aviation finance, aviation asset managers, aircraft lessors, investors, airlines, aircraft manufacturers, maintenance, repair and overhaul...

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Business & Money | Sunday 8 July, 2018 11:00 am

‘Green’ retailers to continue to gain traction with consumers

Going green has now become a key business strategy and retailers that adopt sustainable practices in their operations will continue to harness value and gain competitive advantage, industry reports reveal.   Consumers across all demographics are increasingly becoming more eco-conscious...

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Business & Money | Sunday 8 July, 2018 10:51 am

Philips and AOC brand of monitors partners with New Solutions Trading to boost its channel base in Saudi Arabia

MMD, the brand license partner for Philips displaysand AOC monitorspartnered together with Riyadh based distributor, New Solutions Trading to distribute both Philips and AOC brand of monitors across the Kingdom. New Solutions Trading is one of thefastestgrowing distribution company in...

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Business & Money | Sunday 8 July, 2018 6:30 am

Women 20 holds roundtable on financial inclusion in Saudi Arabia

Women 20 held its third roundtable with more than 40 people, including delegates, experts and special guests, who addressed the main topics of the agenda of financial inclusion for women. The activity, supported by the British Bank of Saudi Arabia (SABB), was carried out in Riyadh where the key...

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Business & Money | Sunday 8 July, 2018 6:09 am

234,000 expats lose jobs in 2018 first quarter

Official data released at the weekend showed that 234,000 foreigners lost their jobs in the private and public sectors during the first quarter of 2018. The facts were reported by a survey based on the data of the General Authority of Statistics (GaStat). The number of non-Saudi employees...

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Business & Money | Sunday 8 July, 2018 6:08 am

Saudi FM meets with US State Department delegation

Saudi Arabia’s Foreign Minister Adel Al-Jubeir met Brian Hook, senior policy adviser to the US secretary of state and director of policy planning, and his accompanying delegation on Saturday in Jeddah.  During the meeting, they discussed bilateral relations and means of...

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Business & Money | Sunday 8 July, 2018 6:07 am

Young Saudi architects make a difference by renovating schools

Three years ago, during the holy month of Ramadan, a group of young enthusiasts volunteered in an Iftar Sayem campaign, serving and distributing iftar (breakfast) meals to fasting people in need.  When the month ended, instead of winding up the project they decided to expand it to continue...

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Business & Money | Sunday 8 July, 2018 2:12 am

“Fares” Acquires 50 Percent of “Tawseel” Delivery Services Shares

Fifty percent shares of Tawseel Delivery Services, a Sharjah-based food delivery service provider, have been acquired by the UAE-based Fares Foundation for General Trading, which specialises in logistics and distribution through land, air and sea.       As per the...

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Business & Money | Sunday 8 July, 2018 1:08 am

UBF enhances its initiative to develop and upgrade the profession of court banking experts

Further to its initiative in 2012 to regulate the appointment of court banking experts in the UAE, the UAE Banks Federation (UBF) continued its collaboration with the Ministry of Justice (MoJ) and the Central Bank of UAE (CBUAE) to further develop and enhance the profession of banking experts in...

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Business & Money | Saturday 7 July, 2018 12:30 am

Equinix and Omantel Enter Agreement to Build New Equinix Data Center in Oman

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, and Oman Telecommunications Company (Omantel, a MSM listed company: OTEL), announced the companies have entered into a joint venture to deliver data center and interconnection services to customers ...

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