Month: March 2020

Reading time: 2 MinutesThe G20 trade and investment ministers and host countries confirmed that immediate action will be taken to facilitate trade in essential products, support the availability of medical supplies and pharmaceuticals and enable affordable and equitable access to those who need them most and as quickly as possible, by encouraging additional production through incentives... Read more

Reading time: 2 MinutesThe Saudi Arabian Monetary Authority (SAMA) has emphasized the importance of banks« commitment to provide a range of support to their customers at this current time and enable them to face the effects of the spread of the Coronavirus, in addition to the importance of supporting and financing the private sector to mitigate the effects of reduced cash flows. SAMA called on banks to support and finance the private sector by taking precautionary measures in favor of ... Read more

Reading time: < 1 MinuteThe Ministry of Municipal and Rural Affairs, represented by the secretariats of the regions and governorates, completed 12004 transactions for commercial and construction licenses during the past days, including 9769 transactions for commercial licenses and 2235 for construction licenses. She pointed out that the municipal sector system issued 1601 commercial licenses, renewed 5760 commercial licenses, completed 401 property transfers, 531 license amendments, and 1476 commercial license cancellations. ( ... Read more

Reading time: 2 MinutesSince the 1960s, the concept of human resource management (HRM) has evolved several times. They used to call work teams and groups of employees, the workforce, and then the concept evolved to human resources, assuming that workers are among the important resources in the life of companies. With the evolution of management concepts and the development of work environments, specialists called the labor force, human capital, considering that ... Read more