The pavilion of the Saudi Arabian Monetary Agency (SAMA) at the National Festival of Heritage and Culture, Janadriyah 33, explained means to visitors, which would enable the public to recognize and differentiate between original and counterfeit banknote, in addition to methods of checking banknotes ...
The value of transactions of 5 halala coins has increased markedly to over SR2.12 million by the end of November, 2018. This figure registered an increase of 1,796 percent compared to SR111,761 at the end of Nov. 2017, according to a recent report of the Saudi Arabian Monetary Agency (SAMA).
The ...
A number of economists expect the Saudization of jobs in groceries to remarkably reduce annual remittances by expatriate workers. They said the remittances would drop by SR6 billion if the decision was implemented.
They also believe that the nationalization of work in the groceries would create...
The euro is about to celebrate its 20th birthday, but the countries that use it are still wrestling over how the shared currency should work and how to fix flaws exposed by the debt crisis that marred its second decade.
The euro was launched on Jan. 1, 1999, when 10 countries fixed their exchange...
Saudi Arabia's new foreign minister struck a note of defiance Friday in the face of international outrage over critic Jamal Khashoggi's murder, rejecting the kingdom was in crisis and his predecessor had been demoted.
Ibrahim al-Assaf, a former veteran finance minister, replaced Adel...
The joint military drill, Red Wave 1, is to launch early next week with the participation of the countries bordering the Red Sea, including Jordan, Egypt, Sudan, Djibouti and Yemen, in addition to observers from Somalia in the Western Fleet.
“This exercise, which will be implemented by the...
Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets, recently hosted its annual Strategic Partner Appreciation event at Palazzo Versace hotel in Dubai. Based on their efficiency and...
ICONS Coffee Couture, an international lifestyle coffee chain announced that it has appointed Hassan Jawad as its new CEO, to lead the company through its next phase of innovation and spur exponential growth. Jawad brings with him over 9 years’ experience in the Food and Beverage industry and ...
Milestone, an interior design and landscaping solutions company celebrated its milestone 15th anniversary, this December. The business has grown from the futuristic vision of Sejal Nagjee to the to an establishment of 75 dedicated professionals who are the forefront of the creativity and design of...
BANK Aljazira gains new awards during the 4th Islamic Retail Banking Awards Ceremony held in Dubai. The two prestigious awards received were: Critics Choice for Best Islamic Digital Banking and Critics Choice for Best Islamic Retail Banking Innovation Awards – 2018.
These two awards were...