Business & Money | Saturday 18 April, 2020 4:26 am

Nestlé PureLife Safety Confirmed

Saudi Arabia authorities have confirmed that there is no risk of contamination with coronavirus from packaged foods and beverages, including bottled water, following public uncertainty over food safety during the COVID-19 pandemic.    Nestlé Waters has...

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Business & Money | Saturday 18 April, 2020 2:21 am

Coastal Village land raising at The Red Sea Project, Media Overview

As part of our masterplan, Phase One of the Project will see the construction of Coastal Village. Our partner HUTA Hegerfield and Saudconsult, will land raising and ground improvement for the 1.5 million square meter Coastal Village area. This will house the workers, staff and management of The Red ...

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Business & Money | Friday 17 April, 2020 7:07 am

The Saudi G20 Presidency calls for US$8 billion in Combatting the COVID-19 Pandemic and Saudi Arabia pledges US$500 million

The Kingdom of Saudi Arabia, as the holder of the G20 Presidency, has pledged US$500 million to relevant international organizations to support global efforts in combatting the COVID-19 pandemic. This pledge will support emergency and preparedness response, developing and deploying new diagnostics, ...

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Business & Money | Friday 17 April, 2020 3:00 am

Memac Ogilvy announces new regional leadership team

The integrated creative network Memac Ogilvy has announced a new regional leadership team in its Public Relations and Influence capability. The appointments include a new regional director and three new country leads who will run operations across the GCC.  Ashraf Shakah, former Saudi...

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Business & Money | Thursday 16 April, 2020 12:07 pm

MENA Mergers and Acquisition transactions totalled US$14.8 billion in Q1 2020

Refinitiv today released the 2020 first quarter investment banking analysis for the Middle East. According to the report, investment banking fees in the Middle East and North Africa reached an estimated US$188.8 million during the first quarter of 2020, up 11% from last year’s slow start, with...

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Business & Money | Thursday 16 April, 2020 11:38 am

G20 fights to save global economy from virus disaster

The world’s 20 most powerful countries unveiled a raft of measures on Wednesday to deal with the crippling effects of the coronavirus pandemic as it threatens a global slump to rival the 1930s Great Depression.“Immediate and exceptional measures” were announced by finance ministers and...

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Business & Money | Thursday 16 April, 2020 3:22 am

Geely Automotive bolsters its Corporate Social Responsibility with Cutting Edge Air Filtration Technology

n an effort to promote safety and hygiene in a time of prolonged virus threat, Geely Automotive launched the industry's first medically validated "CN95 air filter" in its vehicles’ air conditioning systems. Taking its cue from the N95 masks that are a hot commodity nowadays, the highly efficient...

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Business & Money | Wednesday 15 April, 2020 2:51 pm

Al Wathba National Insurance Company allocates AED1 Million of insurance premium discount to support UAE healthcare workers

 Al Wathba National Insurance Company (AWNIC) allocates AED1 Million of insurance premium discount to support the UAE healthcare workers as a gesture of thanks for combatting COVID-19 Al Wathba National Insurance Company (AWNIC) is offering medical sector employees a 30% discount in...

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Business & Money | Wednesday 15 April, 2020 2:29 pm

Nakheel supports Dubai’s frontline heroes

Master developer Nakheel is supplying Dubai’s frontline medical staff with 485,000 items of protective clothing as part of its ongoing pledge to support the fight against Covid-19.    The supplies have been delivered to the Dubai Health Authority for distribution among doctors ...

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Business & Money | Wednesday 15 April, 2020 1:52 pm

Cisco Recognized as one of the Kingdom’s Best Workplaces

Cisco has been identified as one of the ‘Best Workplaces in Saudi Arabia’, by Great Place to Work (GPTW) Middle East, achieving second position in this year’s list. Great Place to Work recognized 25 private and 9 public and non-profit entities in the Kingdom of Saudi Arabia, evaluating...

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