Business & Money | Tuesday 26 November, 2019 1:00 pm

E-payments exceed expectation accounting for 36% of all Saudi retail transactions by July 2019

Citi introduced today Global Wallet to its newly revamped Citi Mobile® App. In a first by a bank in Bahrain, Global Wallet is a new feature that allows customers to make purchases overseas without incurring additional currency conversion charges.    “The next...

More Details

Business & Money | Tuesday 26 November, 2019 4:18 am

Ajman Free Zone signs agreement with LinkedIn to boost global investors outreach and enhance talent acquisition

Ajman Free Zone has signed an agreement with LinkedIn, which will see it benefit from an enhanced profile on the global business networking platform and enable targeted communications with key business sectors on a global scale. The move is part of Ajman Free Zone’s expansion strategy to...

More Details

Business & Money | Tuesday 26 November, 2019 3:30 am

Instagram will be top marketing channel for SMBs within the next 5 years

Instagram, part of the Facebook company, will be the primary marketing channel for 73% of small and medium sized businesses (SMBs) in the Middle East and North Africa (MENA) within the next five years.   With Instagram's community of over one billion people coming to the platform to...

More Details

Business & Money | Tuesday 26 November, 2019 3:21 am

Mashroat signs MoU with Saudi Council of Engineers

The National Project Management, Operation, and Maintenance Organization in Public Entities (Mashroat) has signed a Memorandum of Understanding with the Saudi Council of Engineers (SCE) to build capability and skills in the construction sector and ensure regulations follow the best...

More Details

Business & Money | Tuesday 26 November, 2019 2:12 am

SAMINavantia launches on-the-job training program with first batch of Saudi engineers arriving in Spain

SAMI Navantia Naval Industries (SAMINavantia), a joint venture between Saudi Arabian Military Industries (SAMI) and Navantia S.A., has launched its On-the-Job Training (OJT) program on the sidelines of the First Saudi International Maritime Forum 2019 (SIM), which is taking place from 24-26...

More Details

Business & Money | Tuesday 26 November, 2019 1:26 am

Subscription Results for the Initial Public Offering of Saudi Aramco as at 5pm of November 25

  Samba Capital and Investment Management Company (“Samba Capital”), in its capacity as Lead Manager for Saudi Arabian Oil Company (“Saudi Aramco”), announces that retail subscription results as at 5pm of November 25, totaled SAR 21,768,145,280 representing total...

More Details

Business & Money | Monday 25 November, 2019 12:40 pm

AEC Wins LinkedIn Award for Best Talent Learning and Development Company in MENA Region

The Advanced Electronics Company (AEC), a Saudi Arabian Military Industries (SAMI) company, won the LinkedIn Award for Best Development, Training, and Learning Culture among more than 1,000 companies in the Middle East and North Africa. The award is a culmination of the company’s efforts as...

More Details

Business & Money | Monday 25 November, 2019 5:35 am

Emirates Building Systems exhibits at BIG 5

Emirates Building Systems (EBS), a wholly-owned subsidiary of Dubai Investments, and one of the leading manufacturers of steel structures in the Middle East with an annual production capacity of over 75,000 tons, is participating in the BIG 5, the largest building and construction show in the...

More Details

Business & Money | Monday 25 November, 2019 4:04 am

MoU signed to employ 36,000 Saudis in industrial sector

A new agreement has been signed to nationalize thousands of jobs in the industrial sector. The Ministry of Labor and Social Development, represented by its deputy minister, Abdullah Abu Thunain, signed a memorandum of understanding (MoU) with the Ministry of Industry and Mineral...

More Details

Business & Money | Monday 25 November, 2019 3:06 am

Visa and Jumeirah expand partnership with new experiences

Visa (NYSE: V), the world’s leader in digital payments, and Jumeirah Group, partners since 2016, today announced the expansion of their partnership with a new three-year deal. The deal reinforces Visa’s position as the ‘partner of choice’ for prestigious home-grown brands...

More Details