Expats to be replaced by Saudi citizens in high-profile telecom sector

Cairo: Saudi Arabia aims to replace expats with citizens in more than 30 specialisations across telecom-related jobs, the kingdom’s Ministry of Human Resources and Social development has said. The targeted jobs include telecom engineers, computer and network engineers, software development specialists, technical support staff, and business analysis and software programmers. The plan to Saudise telecom jobs comes […]

Khalifa Fund partners with noon.com to support local SMEs

Abu Dhabi: Khalifa Fund for Economic Development has joined up with noon.com – the largest GCC e-commerce company – to roll out a series of support programmes for SMEs. The partnership will see the implementation of a three-tiered initiative, which will include preferential rates at noon.com, the launch of the ‘noon Mahali’ programme that will […]

India’s financial capital Mumbai hit by massive power outage

Mumbai: A major grid failure caused a widespread power outage in India’s financial capital Mumbai and surrounding areas on Monday, the first such blackout in more than two years that stranded thousands of train passengers and delayed college exams. The failure was caused by “technical problems” during maintenance work, the energy minister of Mumbai’s home […]

Dubai Future Foundation: fuelling growth in Dubai’s start-up sector

The Dubai Future Foundation institutionalises future shaping through network connections and solutions to global challenges. Through #innovation, inclusiveness, and #collaboration, the Foundation fuels growth in Dubai’s start-up sector, making it a leading city of tomorrow. Learn more – https://bit.ly/2PX9r6e #BusinessDubai

RIF Trust unveils its Certified Agent of RIF Trust programme

To meet rapidly increasing demand in the Middle East, RIF Trust, part of the Latitude Group, an international leading residency and citizenship by investment advisory, has recently introduced its ‘Certified Agent of RIF Trust’ (CART) Programme. Through a series of in-depth training sessions and an array of bespoke tools at their fingertips, the CART programme […]

K-pop group BTS’ label Big Hit debuts at double IPO price

Seoul: Big Hit Entertainment, the management label of popular South Korean boy band BTS, debuted at double its initial public offering (IPO) price on Thursday as investors scrambled for a piece of the country’s largest listing in three years. Big Hit shares opened at 270,000 won, valuing the company at about 9.6 trillion won (Dh31 […]

G20 says to extend debt relief for poor countries by 6 months

Riyadh: G20 nations on Wednesday announced they were extending a debt suspension initiative for the world’s poorest countries by an additional six months, until June 2021. “G20 finance ministers and central bank governors just agreed to extend the G20 Debt Service Suspension Initiative by an additional 6 months to support the most vulnerable countries in […]

While Boris Johnson sinks, Rishi Sunak is on the rise

London: Breakfast starts at 8am and guests help themselves to croissants and juice before the sleek figure of Rishi Sunak, the British Chancellor of the Exchequer, works his way around the crowded, oak-panelled dining room of his official London home, No. 11 Downing Street. For Sunak, meetings with groups of Conservative Party lawmakers help him […]