Business & Money | Monday 8 June, 2020 11:11 am

Saudi Arabia records $20.09bln trade surplus in Q1 2020

By Staff Writer, Mubasher Riyadh –   Saudi Arabia’s trade balance surplus reached SAR 73.74 billion during the first quarter (Q1) of 2020, declining by 38.3% year-on-year (YoY) from SAR 119.54 billion in Q1-19. On a quarterly basis, the trade surplus decreased by 32.5%, up...

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Business & Money | Monday 8 June, 2020 11:06 am

Saudi job fund deposits SR379 million in bank accounts

The Saudi Human Resources Development Fund (Hadaf) reported that it had deposited more than SR379 million ($100 million) in people’s bank accounts for May.The beneficiaries, numbering more than 253,000, are registered with the Hafiz unemployment and difficulty finding employment schemes.Hadaf...

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Business & Money | Monday 8 June, 2020 10:56 am

Dubai-based RAW introduces Matic: maintaining results on a reduced budget

RAW Agency, the digital arm of Publinet Network, has once again broken new grounds by taking its experience and knowledge in the digital realm a step further and developing an integrated product that delivers on all marketing and promotional needs while reducing marketing budgets. Labelled...

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Business & Money | Monday 8 June, 2020 4:00 am

Atkins announces new Middle East and Africa business structure, aligned to market and client needs

Atkins, a member of the SNC-Lavalin Group, today announces a new market-focused structure for its Atkins, Faithful+Gould and Atkins Acuity brands in the Middle East & Africa. The new business structure, which will take effect from 1 July 2020, will be based around two core markets of the...

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Business & Money | Sunday 7 June, 2020 1:10 pm

Emirates NBD and Visa renew partnership with a five-year agreement

Emirates NBD, a leading bank in the region, and Visa (NYSE: V), the world’s leader in digital payments, today announced the renewal of their partnership with a five-year agreement. Partners since the inception of Emirates NBD, this renewal demonstrates both entities’ ongoing commitment to...

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Business & Money | Sunday 7 June, 2020 1:07 pm

Saudi Sports for All Federation’s Move to Donate generates SAR125,000 for Saudi Food Bank

Move to Donate (#حركتك_صدقتك), the Saudi Sports for All Federation’s (SFA) Ramadan-centric activation, has come to a successful close with SAR125,000 in donations to the Saudi Food Bank. More than 5,500 pledges to get active and workout from home came from people across Saudi Arabia,...

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Business & Money | Sunday 7 June, 2020 10:13 am

Dubai Customs handles remote working efficiently

Dubai Customs is reaping what it has sown and invested for years in advanced technologies following the directives of Ahmed Mahboob Musabih, Director General of Dubai Customs and as part of the government vision to turn into a smart government. This was manifested in a number of smart services,...

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Business & Money | Sunday 7 June, 2020 9:14 am

G20 contributes over $21bn to fight COVID-19

The Group of 20 (G20) and emerging economies have contributed more than $21 billion to fight COVID-19 pandemic. And, with a spirit of solidarity, the group has shown that it will spare no effort to protect lives and the most vulnerable. A statement by the group after an extraordinary summit...

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Business & Money | Sunday 7 June, 2020 3:20 am

First ‘Food Truck’ fruit and vegetable market in Saudi Arabia

The Eastern Province Municipality has inaugurated the first innovated mobile “Food Truck” for selling fruits and vegetables, amid the precautionary measures being taken to curb the spread of novel coronavirus COVID-19 infection and also ridding the crowding of customers at centers for selling...

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Business & Money | Saturday 6 June, 2020 4:00 am

Ministry of Human Resources Approves Mechanisms for Attendance at Workplaces in Jeddah

The Ministry of Human Resources and Social Development approved a number of mechanisms for attendance at workplaces in Jeddah Governorate, based on the Ministry of Interior's decision issued today to re-impose strict precautionary measures in Jeddah Governorate for a period of 15 days; starting...

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