Saudi Arabia’s Binladin group has been missing salary payments

Jeddah: Saudi Binladin Group failed to pay thousands of employees as the construction giant reels under the impact of coronavirus and restructures about $15 billion of debt. The conglomerate missed some salary payments in April and May. It’s not clear yet whether the company, which employs about 100,000 staff, will be able to pay those […]

COVID-19: Kuwait lawmakers call on government to pay six months rent, 80% wages for SMEs

Abu Dhabi: A Kuwaiti parliamentary panel has submitted a motion to the Cabinet to open up the largest number of businesses with firm health controls, offering non-refundable grants of no more than 10,000 dinars ($32,500) for each small and medium enterprise (SME), Kuwaiti media reported. The lawmakers also proposed the state guarantee to pay rents […]

Ras Al Khaimah offers unique value propositions to businesses

CEO’s of various organisations in Ras Al Khaimah, including Ramy Jallad, Group CEO of RAKEZ, share the emirate’s most attractive features that promise a brighter future. يستعرض رامي جلاد، الرئيس التنفيذي لمجموعة راكز وزملائه من الرؤساء والمدراء التنفيذيين لمختلف المؤسسات في إمارة رأس الخيمة أهم المزايا الجاذبة والفرص الواعدة بمستقبل مشرق في الإمارة.