Business & Money | Tuesday 2 June, 2020 3:42 am

Amaala’s Youth Empowerment Programme Welcomes Next Generation Of Saudi Talent

AMAALA, the ultra-luxury destination located along Saudi Arabia’s northwestern coast, launched its youth empowerment programme to develop young Saudi talent by providing on-the-job training to boost skills and expertise. The initiative reflects Saudi Arabia’s ongoing drive to nurture and...

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Business & Money | Tuesday 2 June, 2020 2:31 am

SAMA injects SR50bn to boost banking sector liquidity

The Saudi Arabian Monetary Authority (SAMA) has injected SR50 billion into the banking sector to boost liquidity and enhance lending capacity for the private sector, it said in a statement on Monday. The move aims to help banks restructure or modify the private sector loans without additional...

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Cars & Autos | Tuesday 2 June, 2020 1:28 am

Mohamed Yousuf Naghi Motors Co. launches Virtual Showroom Portal for customers across KSA

Mohamed Yousuf Naghi Motors Co. is staying abreast on the ever-changing consumer demands in the nation by the launch of their new cutting-edge virtual showroom.  Introducing the sleek and user-friendly digital platform has been an essential step for the car dealership, who can continue to ...

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Business & Money | Monday 1 June, 2020 11:28 pm

AgriTech Sector Development Team discusses post-Covid-19 plans to advance agricultural technology in the UAE

The UAE’s food production landscape post Covid-19 was the topic on the table during the second meeting of the AgriTech Sector Development Team, a newly established team comprising public sector and private sector stakeholders from the country’s growing agricultural technology...

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Technology & IT | Monday 1 June, 2020 5:00 pm

Sony’s range of BRAVIA Android TVs delivers immersive viewing experience with the smartest, most intuitive Arabic voice search

Sony Middle East & Africa has announced that users can enjoy a personalized experience by using the voice search in their own language on the award-winning BRAVIA Android TVs.   Sony’s voice-activated TVs provide a smarter viewing experience. TV owners can now talk to the...

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Technology & IT | Monday 1 June, 2020 11:39 am

Virgin Mobile eyes market growth as Saudi digital transformation executive joins as CEO

“Virgin Mobile” Saudi Consortium has moved to accelerate its growth in the market with the appointment of Eng. Yaarob Al-Sayegh as the company’s first Saudi CEO. With more than 22 years of experience in the Saudi telecommunications sector, Al-Sayegh will guide the delivery of Virgin...

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Business & Money | Monday 1 June, 2020 9:25 am

FedEx Express Supports Local Communities Combating COVID-19 Across the Middle East, Indian Subcontinent and Africa

FedEx Express, a subsidiary of FedEx Corp (NYSE: FDX) and the world’s largest express transportation company, has committed to donate critical medical supplies, including Personal Protective Equipment (PPE) and face masks to healthcare workers and first responders working on the...

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Environment & Energy | Monday 1 June, 2020 9:20 am

the ‘First-of-its-kind’ Independent Sewage Treatment Plant in KSA Reaches Financial Closing

Saudi Water Partnership Company (SWPC) and the consortium led by the Metito Group and comprising the companies; Metito, Mowah, and Orascom Construction (the Consortium) today confirmed the successful financial closing of the Kingdom’s first independent sewage treatment plant (ISTP) to...

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Business & Money | Monday 1 June, 2020 9:14 am

Gulf Pharmaceutical Industries ‘Julphar’ launches AED 500 million rights issue

Gulf Pharmaceutical Industries PSC (Julphar), one of the largest pharmaceutical manufacturers in the Middle East and Africa, announced today the launch of its AED 500 million rights issue as the company progresses on its ambitious turnaround plan. The rights issue is set to improve the company’s...

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Business & Money | Monday 1 June, 2020 7:00 am

Ingram Micro signs distribution agreement with Red Hat to provide enterprises with products and solutions across the MENA region

 Ingram Micro, the global technology and supply chain services provider, today announced the signing of a distribution agreement with Red Hat, Inc., the world's leading provider of open source solutions, to offer Ansible, Open Source, Open Shift, and Cloud solutions to enterprises across the...

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