Business & Money | Monday 27 May, 2019 3:25 am

Saudi researchers join T20 summit in Japan

The world’s leading think tanks gathered for the G-20’s Think20 (T20) Japan Summit on Sunday in Tokyo, ahead of the upcoming G-20 Osaka Summit next month. In the opening address, the president of the Japan Institute of International Affairs (JIIA), Kenichiro Sasae, spoke of the...

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Business & Money | Monday 27 May, 2019 12:01 am

Saudi consumers increasingly trust digital payments over cash, according to latest Visa-mada security survey

An important finding that emerged from the survey and one for retailers to take note of was offering card payment option (mobile POS) upon product delivery could help with converting Cash on Delivery (COD) customers into digital payers. According to the survey, 98% of those customers preferring COD ...

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Business & Money | Sunday 26 May, 2019 5:30 pm

Wyndham hotels in Ajman hand out free iftars for the community

Wyndham Garden Ajman Corniche, Ramada Hotel & Suites by Wyndham Ajman, and Ramada by Wyndham Beach Hotel Ajman, in partnership with Ajman Tourism Development Department (ATDD) and Sheikh Humaid bin Rashid Al Nuaimi Foundation, reached out to the underprivileged community in the emirate by...

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Business & Money | Sunday 26 May, 2019 3:38 pm

Emirates Islamic contributes AED 2 million to support Emarati families

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has contributed AED 2 million to the Dubai Community Development Authority (CDA) from its Zakat Account, to support low-income Emarati families through CDA’s Social Solidarity Fund.   The...

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Business & Money | Sunday 26 May, 2019 3:38 pm

Bayt.com Reveals Salary Expectations: More than Half of UAE Professionals Expect to Receive a Raise in 2019

A research study conducted amongst professionals in the UAE by Bayt.com in partnership with YouGov, revealed a variety of insights on employees’ perceptions of salaries and benefits. Over half (54%) of employees expect to receive a raise in 2019, with 17% expecting a raise of up to...

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Business & Money | Sunday 26 May, 2019 2:17 am

Alawwal bank donates SR500,000 to support the Kingdom’s special needs community 

Alawwal bank has donated SR500,000 to the Al Eradah Society for Talented Special Needs Individuals. The donation was made as part of the bank’s program of giving back to the communities it serves.    Alawwal bank’s donation...

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Business & Money | Saturday 25 May, 2019 5:53 am

Saudi Arabia to impose fines for breach of new public decency laws

People breaking any of 10 new rules on public behavior in Saudi Arabia face being fined up to SR5,000 ($1,333). A list of offenses relating to breaches of public decency came into force throughout the Kingdom on Saturday. Cabinet members last month approved the regulations which aim to uphold...

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Business & Money | Saturday 25 May, 2019 5:47 am

Activation of Declaring Red Sea Special Area for IMO, Approved

Under the chairmanship of the Minister of Environment, Water and Agriculture Eng. Abdulrahman bin Abdulmohsen Al-Fadhli, the 18th Ministerial Meeting of the Ministers of Environment of the Red Sea and Gulf of Aden states held here today, approved starting activation of declaring Red Sea and Gulf of ...

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Business & Money | Saturday 25 May, 2019 5:32 am

Algerian delegation visits Dubai Customs for more cooperation

An Algerian delegation has recently visited Dubai Customs to view its experience in the risk engine, K9 Unit, and Riise; the new disruptive project of Customs World.   The Algerian delegation included Boutaleb Redouane, Director of Resource Department, Boudadi Smail, Director of...

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Business & Money | Saturday 25 May, 2019 3:35 am

US-Saudi business council reports $13bn in contracts

The value of joint Saudi-US contracts rose to $13 billion in the first quarter of 2019, according to a business council report. That marked the highest value of awarded contracts since the first quarter of 2015, the US-Saudi Arabian Business Council said. The value of contracts awarded during ...

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