Business & Money | Tuesday 5 May, 2020 12:58 pm

RAK ICC launches Business Stimulus Measures to support its clients

RAK International Corporate Centre (RAK ICC), a world-class corporate registry in Ras Al Khaimah, has recently announced unprecedented Business Stimulus Measures to support its Registered Agents and promote new business during these challenging times. RAK ICC’s Business Stimulus Measures are ...

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Business & Money | Tuesday 5 May, 2020 2:49 am

SAMA affirms commitment to exchange rate policy of pegging Saudi riyal to US dollar strategic choic

Saudi Arabian Monetary Authority (SAMA) today affirms its commitment to its exchange rate policy of pegging the Saudi riyal to the US dollar as a strategic choice that has supported economic growth in Saudi Arabia for over three decades.In a press statement, the Saudi Arabian Monetary Authority...

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Business & Money | Tuesday 5 May, 2020 2:36 am

The ENTERTAINER business gifts clients with the ENTERTAINER during unprecedented times

The ENTERTAINER business is working hard to support its clients existing customer loyalty and employee rewards programs during the COVID-19 pandemic. Through streamlined enhancements, the ENTERTAINER business is gifting its clients with the ENTERTAINER where its employees can access delivery...

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Business & Money | Monday 4 May, 2020 4:52 pm

Saudi Industrial Development Fund Digitally Transforms to Boost SAR 184 Billion Industrial Market

The Saudi Industrial Development Fund (SIDF), the Kingdom’s primary financial enabler for the National Industrial Development and Logistics Program, has announced a digital transformation partnership with global technology company SAP, which has financially empowered Saudi Arabia’s industrial...

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Business & Money | Monday 4 May, 2020 4:37 pm

The Zayed Sustainability Prize Extends 2021 Awards Submissions Deadline to June 11, 2020

The Zayed Sustainability Prize has announced the extension of its submissions’ deadline for the 2021 awards edition to June 11th, 2020, in efforts to accommodate its diverse international audience base throughout the ongoing global health crisis. Small-to-medium sized enterprises, non-profit ...

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Business & Money | Monday 4 May, 2020 4:27 pm

Saudi Arabia joins coronavirus global response pledging event

As the holder of the G20 Presidency, Saudi Arabia has welcomed the global call to action to fund a universally available and affordable COVID-19 vaccination, treatment and diagnostics.Saudi Arabia will co-lead the Global Response Pledging on Monday (May 4) along with the European Union, Canada,...

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Business & Money | Monday 4 May, 2020 2:29 pm

Switzerland sets to take part in 2021 Dubai World Expo

Due the COVID-19 pandemic, a number of global events are being postponed, including Expo 2020 in Dubai. Following its meeting yesterday, the Federal Council has confirmed Switzerland’s participation in this major event, which will now be held in 2021. In light of this, the council has instructed...

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Business & Money | Monday 4 May, 2020 4:13 am

SDAIA launches Tawakkalna App to facilitate the issuance of movement permits electronically during the curfew period

In implementation of the directives of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense for the government agencies to work in order to strengthen...

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Business & Money | Monday 4 May, 2020 3:05 am

RTA reactivates mobile customers’ happiness centres to deliver services via WhatsApp

Dubai’s Roads and Transport Authority (RTA) announced the relaunch of the mobile customers' happiness centre, adding another channel for delivering services to customers, especially senior citizens and people of determination. The mobile service channel is expected to boost customers...

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Business & Money | Sunday 3 May, 2020 3:31 pm

MHPS J-Series Gas Turbine Fleet Achieves One Million Commercial Operating Hours

Mitsubishi Hitachi Power Systems’ (MHPS) J-Series gas turbine installed fleet today reached one million hours of commercial operation, nearly double that of similar sized gas turbines from competitors. This gas turbine series - the company’s largest and most advanced - leads the industry with...

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