Business & Money | Tuesday 16 June, 2020 2:53 pm

Savola Group in Top 100 Companies in Middle East 2020 by Forbes

Savola Group, a leading strategic holding group for food and retail in the Region (Middle East, and North Africa), has been announced one of the Top 100 companies in the Middle East for 2020 by Forbes Middle East Magazine. Savola Group was ranked as the 14th in Saudi Arabia, and the 39th in Middle...

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Business & Money | Tuesday 16 June, 2020 2:50 pm

KPMG: Saudi banks continue to be hyper-vigilant on credit underwriting and focus on asset protection

KPMG, leading provider of audit, tax and advisory services in Saudi Arabia, released the first edition of its Banking Pulse, a quarterly report in a series on recent developments in Saudi banking sector after the first quarter 2020 results of listed banks are published. The...

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Business & Money | Tuesday 16 June, 2020 3:14 am

Seven Tides sells 250 units in three months, despite pandemic

  UAE-headquartered upscale residential, hospitality and commercial property developer Seven Tides has recorded 250 residential unit sales between1st March and 31st May 2020. Abdulla Bin Sulayem, CEO, Seven Tides said: “These are impressive sales figures given that during ...

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Business & Money | Tuesday 16 June, 2020 2:25 am

Applying precautionary measures for a safer shopping experience; Red Sea Mall re-open over 2 phases

Red Sea Mall has resumed operations after the period of temporary closure due to the spread of the Covid-19 pandemic. This step was based on the decision of the Saudi government to allow shopping centers to resume their activities following precautionary measures to confront the Corona pandemic....

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Business & Money | Monday 15 June, 2020 4:50 pm

Dubai’s economy continues exceptional performance despite pandemic

Dubai’s economy continued its exceptional performance despite headwinds from a slowdown in global economic growth due to the coronavirus pandemic. Number of customs transactions completed by Dubai Customs skyrocketed 36% in the first five months of 2020 to reach 5.9 million compared to 4.4...

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Business & Money | Monday 15 June, 2020 3:26 pm

Vanuatu Government Appoints New Trade Commissioner in the UAE

Over the next three-years, the new Trade Mission will be committed towards building a stronger relationship between Vanuatu and the UAE After the Republic of Vanuatu formed their new Government under the Hon. Prime Minister Bob Loughman, the Minister of Foreign Affairs, the Hon. Marc Ati,...

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Business & Money | Monday 15 June, 2020 2:09 pm

Tetra Pak Arabia commits to net zero emissions

Tetra Pak Arabia reconfirms its strategic priority in driving the sustainability transformation by setting an ambition for net zero emissions across the value chain by 2050, supporting this with an intermediate 2030 target of net zero carbon emissions across its own operations. The company will...

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Business & Money | Monday 15 June, 2020 2:05 pm

Empower successfully performs over 63,700 online transactions

Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, has successfully performed over 63,700 various transactions in different segments of its customers in Dubai since the activation of remote work platform until the resumption of in-house...

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Business & Money | Monday 15 June, 2020 7:05 am

Dubai Investments enhances sustainable reporting; volunteers to publish ESG report 2019

Dubai Investments - the leading diversified investment company listed on the Dubai Financial Market [DFM] announced that it has enhanced its sustainable reporting by voluntarily publishing the ESG Report 2019, highlighting the Company’s sustainable practices and demonstrating its commitment to...

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Business & Money | Monday 15 June, 2020 1:24 am

Nakheel Malls thanks Dubai’s health heroes with special offers for DHA and DCAS staff

Nakheel Malls has launched Thank Our Local Heroes – a campaign to recognise the work, dedication and commitment of Dubai Health Authority and Dubai Corporation for Ambulance Services staff with gift cards, retailer discounts and more.  Under the #thankourlocalheroes initiative – live...

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