Business & Money | Thursday 30 June, 2022 3:12 pm

ARABIAN CENTRES ADOPTS FAIR VALUE MODEL, INCREASES NET ASSETS BY SAR 10.5 BILLION

Arabian Centres Company “ACC”, the largest owner, developer and operator of contemporary lifestyle centres in Saudi Arabia, announced that its Board of Directors has approved on 29 June 2022 the adoption of the fair value model “FMV” to measure its real-estate and investment...

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Business & Money | Thursday 30 June, 2022 3:06 pm

UAE hosts high-level meeting of amended Djibouti Code of Conduct

In line with its commitment to support the security and safety of the maritime industry, the UAE hosted the 2022 high-level workshop of the amended Djibouti Code of Conduct (DCoC) concerning the repression of piracy and armed robbery in the Western Indian Ocean and the Gulf of Aden area. The...

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Business & Money | Thursday 30 June, 2022 1:12 pm

AMC Cinemas refreshes its “AMC Da’era” loyalty program to reward the Kingdom’s movie-going community

AMC Cinemas, the first cinema operator in Saudi Arabia, has refreshed its one-of-a-kind “AMC Da’era” loyalty program, providing AMC members access to a wider and more immersive range of entertainment experiences. The updated loyalty program offers guests with new additional benefits and...

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Business & Money | Thursday 30 June, 2022 1:08 pm

NTP Signs an MOU with Saudi Grains Organization and Savola World Foundation to Minimize Food Waste

On Wednesday the 29th of June 2022, National Transformation Program (NTP) signed an MOU with Saudi Grains Organization and Savola World. The main goal of this MOU is to effectively minimize food waste in the Kingdom and enable the participation of the non-profit sector in achieving NTP’s...

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Business & Money | Thursday 30 June, 2022 11:59 am

Schneider Electric launches inaugural Global Partner Recognition Program

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the launch of the inaugural Schneider Electric Sustainability Impact Awards, the first initiative from the Partnering for Sustainability Program, to recognize the critical role that...

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Business & Money | Thursday 30 June, 2022 11:14 am

Geidea Partners with Saudi Delivery-as-a-Service Startup BARQ to Enable Point-of-Delivery Digital Payments

Geidea, a leading Fintech company in Saudi Arabia, has partnered with the Saudi-based delivery-as-a-service startup BARQ in a move that facilitates point of delivery, digital payments for BARQ customers through the Geidea-enabled BARQ App. The collaboration equips BARQ - which enables bullet...

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Business & Money | Wednesday 29 June, 2022 3:43 pm

TABADUL and SAR Sign an MoU Enhancing joint logistics cooperation to tackle environmental damage

The Saudi Electronic Info Exchange Company (TABADUL) and the Saudi Railway Company (SAR) have signed a Memorandum of Understanding (MoU), joining efforts to bolster the logistics sector to cement the Kingdom’s position as a global logistics hub and drive the logistics sector’s digital...

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Business & Money | Wednesday 29 June, 2022 3:37 pm

KAFD signs MOU with SenseTime to Collaborate on Smart City Initiatives

King Abdullah Financial District (KAFD) has signed a MoU with SenseTime, a leading global artificial intelligence (AI) software company, to run a pilot project that will support the development of a smart city platform within its iconic business and lifestyle destination and to provide better...

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Business & Money | Wednesday 29 June, 2022 12:35 pm

Amazon Payment Services Drives Discussion Around the Future of Digital Currencies at DIFC Fintech Week 2022

 This week, Amazon Payment Services, a regional leader in digital payments operating across the Middle East and North Africa (MENA), took part in the inaugural DIFC Fintech Week 2022. A thought leadership conference, DIFC Fintech Week took a deep dive into the latest opportunities, challenges, ...

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Business & Money | Wednesday 29 June, 2022 12:09 pm

DIFC launches region's first Open Finance Lab

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, today launched the region’s first Open Finance Lab, heralding a new era of finance in the region. The Open Finance Lab initiative is a six-month...

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