Business & Money | Monday 8 June, 2020 1:28 pm

Lockheed Martin Partners with TAQNIA to Build New Satellite Ground System for Kingdom of Saudi Arabia

Following the successful launch and operation of Saudi Arabia’s newest commercial communications satellite, SaudiGeoSat-1 (SGS-1), Lockheed Martin (NYSE: LMT) has been selected to develop a new ground system to control, manage and operate the satellite. The Saudi Technology Development and...

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Business & Money | Monday 8 June, 2020 1:01 pm

Finastra research reveals strong interest in Open Banking among UAE banks

Finastra research1 reveals that nearly nine out of ten (88%) financial institutions in the UAE plan to enable Open Banking in the next 12 months. The demand from UAE banks for further collaboration is driven by innovation in customer service and the customer experience. However, the main factors...

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Technology & IT | Monday 8 June, 2020 11:52 am

Nearly half of Arab online users, did not receive cybersecurity guidelines from employers

Kaspersky conducted a recent survey in collaboration with popular Arabic technology news portal – AITnews. This survey aims to understand employees working from home are equipped to protect themselves from the increased attacks on networks and mobile devices.  The survey revealed...

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Business & Money | Monday 8 June, 2020 11:17 am

McDonald's Saudi Arabia Shares the Goodness

In collaboration with the Ministry of Health and Ministry of Labor and Social Development, McDonald's Saudi Arabia created an initiative to express its appreciation to the Kingdom and especially to all those heroes who endeavored and persevered to protect and preserve the health and safety of all....

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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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Government | Monday 8 June, 2020 3:50 am

Prince Abdulaziz bin Saud Inaugurates Maidan Application

Prince Abdulaziz bin Saud bin Naif bin Abdulaziz, Minister of Interior, inaugurated here today, via a virtual network, the "Maidan" application which was developed in technical partnership among the Public Security, the General Directorate of Narcotics Control and the National Information Center;...

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Cars & Autos | Monday 8 June, 2020 2:00 am

Cadillac Introduces the first-ever CT4 Luxury Sedan to the Middle East

Cadillac has taken the next step in the realignment of its sedan portfolio with the introduction of the first-ever CT4 sport sedan to the Middle East. A game changer in the luxury-sedan segment, the 2020 Cadillac CT4 is poised to appeal to a new generation of customers and is now available for...

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