Business & Money | Thursday 2 January, 2020 5:19 am

Biggest bus transport project to begin operation in Riyadh in Q2 2020

The Royal Commission for Riyadh City has specified Q2 2020 as the period for beginning operation of the King Abdulaziz Bus Public Transport Network in Riyadh City, Saudi Press Agency (SPA) quoted the Saudi Public Transport Company (SAPTCO) as saying Tuesday. Commenting on the development, SAPTCO ...

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Business & Money | Thursday 2 January, 2020 4:22 am

Global obstacles to growth top agenda at Riyadh event

Overcoming global challenges to generate new opportunities for economic growth and job creation on Thursday topped the agenda as Saudi Arabia held its first official event in the runup to hosting the G20 summit of world leaders. Welcoming delegates to the Saudi G20 Finance Track symposium, in...

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Business & Money | Thursday 2 January, 2020 3:11 am

SESP signs cooperation agreement with MAERSK

 A board member of the Saudi Electric Services Polytechnic (SESP) Eng. Khalid bin Abdulrahman Al-Tuaimi signed here yesterday two cooperation and training agreements with Danish company MAERSK. The two sides seek to identify suggestions and potential ideas regarding training in the field of...

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Business & Money | Wednesday 1 January, 2020 11:46 am

UAE supports, promotes renewable energy solutions in developing countries

 The UAE has constantly promoted and utilised renewable energy solutions, and supported and financed developing countries to launch sustainable clean energy projects. Since the capital, Abu Dhabi, was chosen to be the headquarters of the International Renewable Energy Agency, IRENA, the UAE ...

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Business & Money | Wednesday 1 January, 2020 11:44 am

Dubai marks arrival of six international cruise liners in one day

Strengthening Dubai’s position as the leading "cruise hub of the region", the emirate welcomed six international cruise liners on 29th December 2019, via the Mina Rashid cruise terminal. The terminal dealt with over 60,000 cruise passengers, as they handled all the processes for...

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Business & Money | Tuesday 31 December, 2019 11:46 am

(CLIX) 2020 Sees 42 Sustainability Start-Ups Emerge as Finalists from Record-High Participation

The World Future Energy Summit’s Climate Innovations Exchange (CLIX) 2020, supporting innovative global green tech and sustainability start-ups, announced today the 42 finalists out of a record-high 600 shortlisted entries.   Hosted by the Ministry of Climate Change and Environment ...

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Business & Money | Tuesday 31 December, 2019 2:41 am

Meeting the United Nations Sustainable Development 
Goals Will Require up to USD 70 Trillion in Investment 
Over the Next 10 Years

Meeting the United Nations Sustainable Development Goals with require up to USD 7 trillion of global investment each year till 2030, according to the United Nations’ own figures. In parallel, governments and the private sector will have to adopt new policies and business models to...

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Business & Money | Tuesday 31 December, 2019 1:10 am

Saudi Customs and Bahraini counterpart sign mutual recognition agreement of Authorized Economic Operator Program

The Saudi Customs and the Customs of the Kingdom of Bahrain here today signed Agreement of Mutual Recognition of Authorized Economic Operator Program, which aims to enhance the security of the supply chain and enhance the advantages of trade facilitation offered by the Authorized Economic Operator...

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Business & Money | Monday 30 December, 2019 3:15 pm

HyperPay, the Leading Payment Processing Company in MENA, Closes an Investment Round Led by Mad'a Investment Company

HyperPay, an award-winning payment service provider in the MENA region, announced today the closing of an 8-digit investment round, led by Mad'a Investment Company, with participation from Saudi Venture Capital Company (SVC), iNet, MEVP, and other investors. The round also included successful...

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Business & Money | Monday 30 December, 2019 11:45 am

Jawaher Al Qasimi launches Elevate to accelerate goals of women’s economic empowerment and gender equity

    Her Highness Sheikha Jawaher Bint Mohammed Al Qasimi, wife of the Ruler of Sharjah and Chairperson of NAMA Women Advancement Establishment (NAMA), has taken forward the global call to action for gender equity and women’s economic empowerment with the launch of...

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