Business & Money | Wednesday 24 June, 2020 2:38 am

King Abdullah Port Welcomes World’s Largest Container Ships

Marking their first voyage to Saudi Arabia, mega container ships MSC Gulsun, MSC Mia and MSC Sixin recently docked at King Abdullah Port in the same week. The maiden calls from the three vessels, among the world’s largest container ships, were received and handled efficiently utilizing the...

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Business & Money | Wednesday 24 June, 2020 1:40 am

APICORP receives credit rating of ‘AA’ with a Stable Outlook from Fitch Ratings, reflecting strong credit profile and continued growth

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, today announced that Fitch Ratings assigned it a Long-Term Issuer Default Rating (IDR) of ‘AA’ with a Stable Outlook.   According to Fitch, APICORP’s Long-Term IDR of...

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Business & Money | Tuesday 23 June, 2020 6:27 pm

Microsoft announces ‘Tomoh’ initiative to accelerate employability and skills among Emiratis

Under the patronage, and in presence of His Excellency Nasser bin Thani Al Hamli, Minister of Human Resources & Emiratisation, Microsoft today announced the launch of Tomoh – a unique programme designed to empower Emiratis to pursue careers in technology. The virtual launch event...

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Business & Money | Tuesday 23 June, 2020 2:01 am

BMW AG agrees package of personnel measures for a sustainable future

Munich. In constructive dialogue with the German Works Council, the BMW AG has agreed to a package of personnel measures that balances the future competitiveness of the company with the interests of the workforce. Having applied existing flexibility instruments, such as reducing working time and...

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Business & Money | Tuesday 23 June, 2020 1:17 am

DHL Express Expands its MENA Aviation Fleet with Two Boeing 767-300Fs to Boost Regional Load Capacity

DHL Express recently added two new Boeing 767-300Fs to its MENA air fleet, marking a further step in the Company’s efforts to enhance its regional aviation network and improve its air capability to better support the region’s logistical demands.  The technologically-advanced,...

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Business & Money | Monday 22 June, 2020 1:50 pm

NEOM Announced as Key Partner of Digital Gaming Conference (DGC) 2020

NEOM Co. is proud to announce its Diamond Sponsorship of the Digital Gaming Conference (DGC Live) 2020, taking place from today until June 23. During the virtual event, NEOM will demonstrate its ambition to play an integral role in the future of the regional gaming industry, as the region’s first ...

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Business & Money | Monday 22 June, 2020 10:53 am

Ministry of commerce carries out price inspection tours in all regions of Saudi Arabia

The Ministry of Commerce started today to implement inspection tours to control prices in commercial establishments in all regions of the Kingdom of Saudi Arabia, and to follow-up of the commitment of wholesale and retail trade stores to apply the approved preventive protocols to address the spread ...

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Business & Money | Monday 22 June, 2020 2:39 am

Emirates NBD Capital successfully closes Islamic Development Bank (IsDB)’s landmark USD 1.5 billion Sustainability Sukuk

Emirates NBD Capital Limited, the investment banking arm of Emirates NBD has successfully closed Islamic Development Bank (IsDB)’s first ever USD Sustainability Sukuk. The bank acted as Joint Lead Manager and Bookrunner for the landmark transaction by IsDB, rated Aaa/AAA/AAA by...

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Business & Money | Sunday 21 June, 2020 7:46 pm

ION Partners with University Hospital Sharjah To Provide Sustainable Logistical Solutions

UAE-based sustainable mobility solutions provider ION, announced a partnership agreement today with University Hospital Sharjah to use ION’s fleet of electric vehicles to provide sustainable transportation services for its medical logistics and transportation needs across the Emirate. The...

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Business & Money | Sunday 21 June, 2020 3:15 pm

Ruler of Ras Al Khaimah surprises Emirate’s employees with inspirational video message

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, has urged employees in the Emirate to continue working and providing services of the highest quality, while adhering to all measures that have been put in place to maintain the community’s health...

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