Business & Money | Friday 22 November, 2019 3:20 am

Monshaat and Kafalah announce initiatives to support SMEs in Saudi Arabia

The Small and Medium Enterprises General Authority (Monshaat) has stressed its keenness to support small and medium enterprises (SMEs) through initiatives, programs, and activities, including consulting, follow-up, training and awareness-raising, the Saudi Press Agency (SPA) reported on...

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Business & Money | Friday 22 November, 2019 2:19 am

Saudi government agency announces new petrochemical investment deals worth over $2bn

The Saudi Arabian General Investment Authority (SAGIA) on Thursday announced a raft of new petrochemical investments worth more than $2 billion (SR7.5 billion). At least 80 representatives of more than 13 government and private-sector entities from the Kingdom and throughout the world met at the ...

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Business & Money | Friday 22 November, 2019 1:11 am

Subscription Results for the First Five Days of the Initial Public Offering of Saudi Aramco

  With reference to the announcement made by Saudi Arabian Oil Company (“Saudi Aramco”) in relation to the Offer Price Range and the start of the institutional book-building and retail offering period on Sunday, 17November 2019, Samba Capital and Investment Management...

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Business & Money | Thursday 21 November, 2019 1:29 pm

Aquafina Puts Breaks on Plastic Waste at Formula E to Accelerate Recycling in Saudi

Aquafina, PepsiCo’s brand of purified bottled water and the proud hydration partner of the ABB FIA Formula E Championship in Diriyah, Saudi Arabia, plans to make this season opener the first edition of Formula E to be free of plastic waste. The event from 22-23...

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Business & Money | Thursday 21 November, 2019 3:12 am

Dubai Cranes partcipates at ARABAL 2019

Dubai Cranes & Technical Services LLC, a subsidiary of Dubai Investments PJSC, is participating in The Arab International Aluminium Conference (ARABAL) - the premium platform for the aluminum industry in the Arab world, held in Manama, Bahrain from the 19th- 21st Nov...

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Business & Money | Thursday 21 November, 2019 2:54 am

ADDED reveals 105 per cent increase in new economic licenses reaching more than 5,000 in Q3 2019

The issuance of new economic licenses in Abu Dhabi has dramatically increased by 105 per cent during the third quarter of 2019, following growing demand for commercial and craftsmanship licenses compared to the same period last year, according to the Q3 2019 Business Activity Report. The report...

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Business & Money | Thursday 21 November, 2019 2:12 am

Dubai brand DesignKraft participates for the first time in Dubai Design Week

An emerging Dubai-based design studio makes its regional debut at the fifth edition of Dubai Design Week 2019. DesignKraft, established in 2017 by Sidarth Menon, exhibits its newest collection ‘Ideas Taking Shape’ as part of Downtown Editions at Dubai’s annual design fair Downtown ...

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Business & Money | Wednesday 20 November, 2019 4:24 pm

Organising Committee of Dubai WoodShow announces 5th Edition of Cairo WoodShow in December

Held under the patronage of Egyptian Ministry of Commerce and Industry, the 5th edition of the Cairo WoodShow, one of the events of WoodShow Global, will have the participation of more than 200 brands from 32 different countries around the world, according to organisers. Cairo WoodShow, North...

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Business & Money | Wednesday 20 November, 2019 3:49 pm

Alwaleed Philanthropies joins the Bill & Melinda Gates Foundation and partners with new commitment to eradicate polio

His Royal Highness Prince Alwaleed Bin Talal AlSaud, Chairman of Alwaleed Philanthropies, joined Bill Gates and leading figures from the international community to announce the first round of funding to a major global initiative to end polio. The commitment was made at Reaching the Last...

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Business & Money | Wednesday 20 November, 2019 12:40 pm

Arabian Centres successfully completes a refinancing of USD 1.9 billion

Arabian Centres Company (“ACC” or “the company”), the leading owner, developer and operator of lifestyle shopping centres in Saudi Arabia, announced today the completion of the offering and pricing of its USD 500 million Sukuk issuance, part of a successful USD 1.9 billion...

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