Business & Money | Sunday 23 August, 2020 3:24 am

Saudi Arabia finance ministry announces closure of August issuance of sukuk program

Saudi Arabia’s finance ministry announced on Saturday the closure of the August 2020 issuance of the government’s sukuk progam. The first tranche of the sukuk, or Islamic bonds, has a size of 100 million riyals ($26.6 million) and a total tranche size of 6.125 billion riyals, maturing in...

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Cars & Autos | Sunday 23 August, 2020 1:31 am

Cadillac Teases V-Series Blackwing Performance Steering Wheel

Today, Cadillac shared an early image of the 2022 CT5-V Blackwing and CT4-V Blackwing performance steering wheel. The wheel is meticulously crafted with leather and cut-and-sewn stitching, a 12 o’clock red racing stripe, carbon fiber trim and a V-Series emblem ensuring that each vehicle reflects...

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Environment & Energy | Saturday 22 August, 2020 1:22 pm

Schneider Electric is leading the change which is required to achieve sustainability

Schneider Electric, a leader in digital transformation, energy management, and automation, is leading the change which is required to achieve both ecological balance and people's well-being, two key components of sustainability. Each year, Earth Overshoot Day marks the date when humanity has...

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Tourism & Hospitality | Saturday 22 August, 2020 12:35 pm

Resumption of economic events in Dubai from 15 Sep

Aligned with the directive of Dubai’s Covid-19 Command Control Center, the Emirate’s Tourism Activities rules for facilities and services have been updated to resume economic activities and allowing the below:  1. MICE Local Event, starting from Sep 15th 2020.  2....

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Healthcare | Saturday 22 August, 2020 4:51 am

Healthcare Facilities Among The Buildings Seeing The Biggest Changes As A Result Of Covid-19 Pandemic

While the global COVID-19 pandemic overwhelmed almost every industry sector, the healthcare field in particular learned some valuable lessons for the future. For example, less than 20% of public hospitals in Australia were equipped with the specialized Intensive Care Units (ICU) required for caring ...

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Business & Money | Saturday 22 August, 2020 2:28 am

Ministry of Human Resources: All Public Sector Employees Shall Return to Workplaces, as of 11/01/1442 H

An official source at the Ministry of Human Resources and Social Development said here today that following reviewing the reports of the work team, on the health indicators and data in the cities and governorates of the Kingdom of Saudi Arabia, all public sector employees shall return to the...

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Business & Money | Saturday 22 August, 2020 1:51 am

Bahri signs $410m agreement to receive 10 new chemical tankers from Hyundai Mipo Dockyard

Bahri, a global leader in logistics and transportation, signed a new agreement with Hyundai Mipo Dockyard, a member of Hyundai Heavy Industries (HHI) Group, which owns one of the largest state-of-the-art shipyards in the world, to build ten 49,999-dwt Medium Range (MR) chemical...

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Cars & Autos | Saturday 22 August, 2020 1:45 am

First-Ever Ford GT Heritage Edition to Celebrate Storied ’66 Daytona Win, Plus 2021 Studio Collection Graphics Package

The Ford GT is America’s only Le Mans-winning supercar, and taking this pinnacle of Ford Performance even further for 2021, Ford is revealing two new enhancements today – the first-ever Heritage Edition inspired by the original model’s first endurance win at the 1966 Daytona 24 Hour...

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Business & Money | Friday 21 August, 2020 9:00 am

E-payment compulsory from Aug. 25; 30% reward for whistleblowers

Okaz/Saudi Gazette Abdulrahman Al-Hussein, spokesman of the Ministry of Commerce, said that teams from the Ministry of Commerce and Ministry of Municipal and Rural Affairs detected 82 violations during their raids carried out on 3,500 commercial establishments during the last three weeks.It...

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Cars & Autos | Friday 21 August, 2020 3:24 am

Geely Automobile Holdings Announced lnterim Results for the First Half of 2020

Geely Automobile Holdings Limited (Group) (HK.0175), the Hong Kong-listed subsidiary of Geely Auto Group, released its interim results for the first half of 2020. During the period the Group’s revenue (excluding the revenue of the Group’s 50% owned joint venture, namely Lynk & Co joint...

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