Business & Money | Saturday 3 February, 2024 4:52 am

SAUDIA intends to provide over 10,000 jobs, localize pilot jobs: Official

SAUDIA has a strategy to provide more than 10,000 specialized quality jobs in the aviation sector over the coming years, said Abdullah AlShahrani, General Manager of Communication and Media Affairs and Spokesperson for the airline.   The jobs include pilots, cabin navigators, and...

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Business & Money | Friday 2 February, 2024 1:26 am

Network International obtains payment licence from Saudi Central Bank (SAMA) to expand merchant acquiring business in KSA

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced that it has obtained a Major Payment Institution (Major PI) licence from the Saudi Central Bank (SAMA) that will strengthen the acquirer’s foothold in the...

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Business & Money | Friday 2 February, 2024 1:25 am

Azizi Developments’ Beach Oasis reaches 11% construction completion

Azizi Developments, a leading private developer in the UAE, has announced the 11% construction completion of Beach Oasis, its vibrant mixed-use community located in one of the emirate’s most dynamic and youthful areas, Dubai Studio City. Beach Oasis is scheduled for handover in Q1...

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Business & Money | Friday 2 February, 2024 1:00 am

Sheikh Saud bin Saqr Al Qasimi witnesses RAKEZ-BCCD MoU

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, welcomed a high-level British delegation to discuss areas of trade and economic cooperation between the emirate and the UK. The delegation comprised officials from the British Embassy, including...

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Business & Money | Thursday 1 February, 2024 12:15 pm

Saudi Ground Services renews SAR 800M contract with Flyadeal

Saudi Ground Services Co.’s (SGS) board of directors decided to renew, on Jan. 31, a three-year contract with Flyadeal Co., at an expected value of SAR 800 million, according to a statement to Tadawul. The contract’s duration extends from Jan. 1 2024 to Dec. 31 2026. The contract includes...

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Business & Money | Thursday 1 February, 2024 12:09 pm

Insurance coverage for new domestic workers comes into effect today

Insurance coverage for new domestic worker contracts will be effective today, Feb.1 and will be applied to workers coming to Saudi Arabia for the first time via the Musaned platform. The insurance coverage for domestic workers’ employment contracts for the...

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Business & Money | Thursday 1 February, 2024 9:56 am

DME Achieves Remarkable Growth in Trading and Physical Delivery Volumes in 2023

Dubai Mercantile Exchange (DME), the premier international energy futures exchange in the Middle East, recorded an impressive increase in total volume and physical delivery in 2023 compared to last year, cementing its position as the main crude oil benchmark in the East of Suez...

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Business & Money | Thursday 1 February, 2024 9:50 am

Moro Hub Honored with ‘Project of the Year’ Award at Axis Partner Awards

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC) was recognized for its outstanding collaboration and achievements for 2023 by Axis Communications, a global leader in network video solutions. Moro Hub was bestowed with the prestigious...

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Business & Money | Thursday 1 February, 2024 9:48 am

Saudia Group Showcases Leading Military Services at the World Defense Show

Saudia Group announced its participation in the World Defense Show (WDS) 2024, taking place in Riyadh from February 4th till the 8th. Saudia Group will be participating alongside three of its strategic business units, Saudia Academy, Saudia Technic, and Saudia Private. The Group will be displaying...

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Business & Money | Thursday 1 February, 2024 9:17 am

HUMAN CAPABILITY INITIATIVE CONVENES POWERHOUSE LINE-UP OF SPEAKERS FOR EXPERT-LED PLATFORM IN RIYADH

The Human Capability Initiative (HCI) is thrilled to announce key speakers for its forthcoming event taking place from the 28th – 29th February, 2024. Bringing together luminaries from diverse sectors and backgrounds, these eminent industry leaders and experts will spearhead dynamic discussions...

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