Business & Money | Friday 5 July, 2019 12:00 am

(Ma’aden) announces changes regarding its subsidiary, Ma’aden Rolling Company

Saudi Arabian Mining Company (Ma’aden) announces that Alcoa Corporation (Alcoa) has agreed to transfer to Ma’aden its 25.1% interest in Ma’aden Rolling Company (MRC), without any cash compensation in exchange for the release of Alcoa from future MRC lenders obligations. This will...

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Business & Money | Friday 5 July, 2019 12:00 am

Name Airports After Top Taxpayers In A Decade, Economic Survey Suggests

The Economic Survey 2019, a comprehensive report presented to parliament a day before the budget, outlined a number of steps to encourage people to pay taxes. Outlining a blueprint to reach Prime Minister Narendra Modi's goal of a 5-trillion dollar economy, the document was prepared by Chief...

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Business & Money | Thursday 4 July, 2019 10:00 am

SAGO to import 730,000 tons of wheat

Saudi Grains Organization (SAGO) has completed the procedures of the third batch for importing 730,000 tons of solid wheat during the period September - November 2019 , from the origins of the European Union, Australia, South and North America ( except Canada). SAGO Governor Engineer Ahmed bin...

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Business & Money | Thursday 4 July, 2019 9:45 am

Verrency Appoints Shezan Amiji to Global Advisory Board

Global payment innovation company Verrency today announced the appointment of Shezan Amiji, a seasoned entrepreneur, to its global advisory board. Mr. Amiji co-founded Beam Wallet, a leading mobile wallet, payments and rewards app. The UAE operations of Beam Wallet were acquired in 2018 by Majid Al ...

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Business & Money | Thursday 4 July, 2019 3:00 am

Masdar and First Abu Dhabi Bank award landmark energy-saving project to Future Rehabilitation Centre

Abu Dhabi Future Energy Company (‘Masdar’) and First Abu Dhabi Bank (FAB) are celebrating the Year of Tolerance in the UAE by helping an Abu Dhabi-based school for people of determination to drastically reduce its electricity and water bills. Funds raised from a special co-branded,...

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Business & Money | Thursday 4 July, 2019 12:00 am

Express Auto Wash introduces attractive rates for companies

Revolutionary car wash facility behind Mushrif Mall promises efficient 5-minute car wash service for customers   Express Auto Wash (EAW), a premium environment automatic car wash facility located behind Mushrif Mall in Abu Dhabi introduces attractive discounts to corporate customers from ...

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Business & Money | Thursday 4 July, 2019 12:00 am

Salam Air launches three weekly flights from Abu Dhabi to Salalah, Oman

 Abu Dhabi International Airport (AUH) has welcomed three weekly flights between Abu Dhabi and Salalah, the popular holiday destination on the south coast of Oman.  The inaugural flight operated by the Omani airline, Salam Air, commenced on July 2 and will continue running until...

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Business & Money | Thursday 4 July, 2019 12:00 am

Abu Dhabi Fund for Development Participates in Launching of Infrastructure Projects in Albania Worth AED240 Million

A delegation from Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, participated in the official inauguration of the final phase of its funded projects in the Albanian capital Tirana, valued at AED240 million (US$65 million) – the Tirana...

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Business & Money | Thursday 4 July, 2019 12:00 am

152,000 Saudi women work in construction sector: SCA

The Saudi Contractors' Authority (SCA) has claimed that about 152,000 Saudi women work in the Kingdom's construction and contracting sector. According to statistics for the fourth quarter of 2018 released by the SCA, expatriates constituted 85.39 percent of the total number of the...

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Business & Money | Wednesday 3 July, 2019 11:30 pm

ASE closes trading at JD6.7 million

(MamoonAlomary) -- The Amman Stock Exchange (ASE) closed Wedsday's trading session up by 0.64 percent at 1,887 points. A total of 6.6 million shares were traded through 3,794 transactions at a trading value of JD6.7 million. The closing prices of 34 companies went up, while 48 others...

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