Business & Money | Monday 13 July, 2020 10:33 am

The Red Sea International Airport Takes Off with a Contract Award to Nesma & Partners and Almabani

The Red Sea Development Company (TRSDC), the developer behind one of the world's most ambitious tourism initiatives, has awarded its largest value contract to date for airside infrastructure works for the destination’s international airport, set to open in 2022.  The contract was...

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Business & Money | Monday 13 July, 2020 4:06 am

Mastercard’s Online Remittance Solutions supporting remitters, in Response to COVID-19

As the world is witnessing an unprecedented lockdown in recent times as a result of the COVID-19 pandemic, Mastercard has been enabling people in the MENA region to go online to transfer money faster and more securely than previously possible.  With Mastercard Cross-Border Services,...

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Business & Money | Monday 13 July, 2020 1:13 am

Saudis control 71% of key positions in private sector

Saudis hold an overwhelming majority of 71.53 percent of the total managerial positions in the Kingdom’s private sector firms, Okaz/Saudi Gazette has learned from sources.Government data showed that the number of Saudis holding key managerial positions in the private sector reached 144,450 while...

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Business & Money | Sunday 12 July, 2020 9:47 am

Amlak International allocation of shares, excess money refund, and trading to begin tomorrow Monday

NCB Capital, the Financial Advisor, Lead Manager, Bookrunner and Underwriter of Amlak International’s IPO announced the completion of the allocation of shares for individual (retail) subscribers. NCB Capital said that after closing the subscription period for the retail tranche, all receiving...

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Business & Money | Sunday 12 July, 2020 8:51 am

Inauguration of Dubai Route 2020 Metro

Alstom congratulates Dubai’s Roads and Transport Authority (RTA), on the inauguration of the Dubai Route 2020 Metro. This iconic project was ceremonially inaugurated by H. H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, and Ruler of the...

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Business & Money | Saturday 11 July, 2020 3:26 am

American Express, Discover, Mastercard and Visa to Power Global Expansion of Simple, Consistent Digital Checkout Experience

E-commerce has reached new heights around the world, as more consumers are going online to make secure, touch-free purchases across various merchants and platforms. Now, it’s more important than ever that the online checkout experience is seamless and consistent across all types of digital...

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Business & Money | Thursday 9 July, 2020 5:20 pm

Riyadh and Houston welcome innovative ideas to help urban citizens as outcomes of U20 Second Sherpa Meeting this Week

The cities of Riyadh and Houston virtually hosted the second U20 meeting of 2020 this week. The U20 mayors’ representatives – known as Sherpas –gathered to examine key policy recommendations and new content developed by three new multinational expert taskforces. These recommendations are part ...

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Business & Money | Thursday 9 July, 2020 7:55 am

Saudi Payments and Discover Sign Network Alliance Agreement

Discover and Saudi Payments signed a strategic agreement that will increase the global acceptance footprint for both organizations. The agreement will give Discover, Diners Club International, PULSE and network alliance cardholders the ability to use their card on the mada...

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Business & Money | Thursday 9 July, 2020 6:47 am

Abdul Latif Jameel High Institute For Training And Continuous Learning Celebrates 40Th Anniversary

This month, the Abdul Latif Jameel High Institute for Training and Continuous Learning celebrates its 40th anniversary. Established in 1980, the Institute has gained a reputation for its investment in human capital development at Abdul Latif Jameel to ensure world-class services for its guests, as...

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Business & Money | Thursday 9 July, 2020 5:30 am

Bain Al Jisrain - Al Maqtaa to be renamed Rabdan after famous purebred Arabian horse and Ras Ghurab Island to be renamed Al Alya

Under the directives of  H. H. Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and the follow-up of His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of the Abu Dhabi Executive Council, the Department of...

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