Business & Money | Monday 25 July, 2022 12:13 pm

People in Middle East are wary of rising inflation, but over two-thirds still behind equity markets: The Continental Group survey

 The Continental Group, a leading insurance intermediary and financial services provider in the GCC region, recently hosted a webinar titled ‘Can inflation be tamed? Learn from the experts', where finance specialists demystified inflation and its current and potential impact on businesses,...

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Business & Money | Monday 25 July, 2022 11:51 am

Citi and Etihad sign on First Sustainable Deposit Solution

 Etihad Airways has become the first client to sign on to Citi ADGM’s Sustainable Deposit Solution. Citi’s newly launched deposit solutions will further assist the airline in investing excess cash as part of its sustainability agenda.  Etihad will have access to Citi’s two new...

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Business & Money | Monday 25 July, 2022 11:09 am

Saudi construction firm Red Sea International to reduce capital by half to $80m

Red Sea International Co. has received its shareholders’ approval for a 50 percent capital reduction in a bid to support the company’s future plans. The construction firm will bring down its capital to SR302 million ($80 million) from SR600 million by canceling nearly 30 million shares...

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Business & Money | Monday 25 July, 2022 11:05 am

TRSDC inks deal with ZeroAvia to develop zero-emission flights

The Red Sea Development Co. has signed a memorandum of understanding with ZeroAvia, a British-American hydrogen-electric aviation firm, to test and develop zero-emission travel across its new luxury tourism destination with a focus on environmental sustainability and regeneration. Signed...

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Culture & Education | Monday 25 July, 2022 11:02 am

Saudi students encouraged to learn space sciences, technology

The Saudi Space Commission on Saturday opened registration for the second virtual “Go to Space” training camp. Registration will remain open until Aug. 6. The commission is organizing the camp in collaboration with Teaching Science and Technology, Inc. The program aims to increase...

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Environment & Energy | Monday 25 July, 2022 10:55 am

Japan raises eruption alert for Sakurajima volcano to highest level

A volcano on Sakurajima in Kagoshima Prefecture, southwestern Japan, erupted early Monday for the second straight day, with the country's weather agency maintaining a heightened alert, Kyodo news agency reported. Following the eruption around 8:05 pm. the previous day, the agency raised the...

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Business & Money | Monday 25 July, 2022 10:44 am

Abu Dhabi Maritime enters a long-term sponsorship agreement with Abu Dhabi International Boat Show

The Abu Dhabi International Boat Show (ADIBS), the UAE capital’s prestige boating, leisure marine and fishing show, organised by the Abu Dhabi National Exhibitions Company (ADNEC), has entered into a three-year sponsorship agreement with Abu Dhabi Maritime to support the event’s upcoming...

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Culture & Education | Monday 25 July, 2022 10:30 am

5 Key Enablers to Selecting the Right School

Shannon Pipes, Principal, OWIS, Riyadh  Saudi Arabia has an impactful 2030 vision committed to providing international education opportunities for students. As a Founding Principal and educator, I support this vision and believe that there are some critical enablers parents should...

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Business & Money | Sunday 24 July, 2022 4:10 pm

Jazz power on full display at Dhahran’s Arabic Jazz Music Festival

On a humid Friday night, the Dhahran Expo — the venue where people received COVID-19 vaccines over the past year — had a different remedy to offer: Music. The auditorium, with rows of plush white seats facing the large stage where oud, saxophones and singing inaugurated Shargiyya’s first ...

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Sports | Sunday 24 July, 2022 3:44 pm

Saudi population witnesses an increase in sports and physical activity based on General Authority for Statistics findings

The Ministry of Sports (MoS), Saudi Sports for All Federation (SFA), Quality of Life (QOL), and the Saudi Arabian Olympic Committee (SOAC) are pleased to announce that the Kingdom has taken another important step towards accomplishing its Vision 2030 goals. According to the General Authority for...

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