Category: Economy & Business
Sidra Capital’s USD Private Finance Funds Continue To Achieve Target Returns despite The Effects of COVID-19 Pandemic
USD Income Fund generates an annual return of 8% while USD Mutajara Fund registers healthy 5%...
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‘Three Forces are Driving the New Cloud Shift for Organizations in Saudi Arabia,’ says Nutanix Saudi Country Head
عربي Riyadh, KSA, 25 March 2021: Cloud adoption is accelerating in Saudi during the pandemic as...
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Operation 300bn: The critical role of Smart Water in achieving a thriving economy
Comment by Francois Frigaux, Regional Director, Sensus, a Xylem brand, following the...
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SWCC sets a new Guinness World Records™ title for Lowest energy consumption for a water desalination plant
عربي Riyadh, Saudi Arabia, 24 March 2021 – The Saudi Water Conversion Corporation (SWCC) has set a...
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Liquid continues growth trajectory across MENA region with expansion into KSA & Egypt
A team of 20 experts across KSA & Egypt offices, the majority of which are local...
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Banque Saudi Fransi goes live with Finastra to future-proof treasury and trading business
Bank chooses the latest version of Fusion Kondor to streamline trading and risk operations and...
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Evelo Biosciences & Abdul Latif Jameel Health Announce Strategic Collaboration to Develop & Commercialize Novel Therapy EDP1815 for Inflammatory Diseases & COVID-19 in Select Developing Markets Serving 1.7 Billion People
Collaboration expected to accelerate access to Evelo’s lead inflammation product candidate...
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Huawei Increases Investment in Carrier Software
Middle East, March 23, 2021: To strengthen its leadership in 5G business transformation,...
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Jadwa Investment Launches Real Estate Investment Fund
عربي Riyadh, 22 March 2021: Jadwa Investment, one of the region’s leading investment...
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Geidea becomes the only non-bank to be granted acquiring a license from SAMA and announces “Tap on Phone” solution enabling merchants to accept contactless payments with their mobile phones
عربي In addition to the Tap on Phone solution, Geidea also offers a complete suite of payment...
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Cedar Rose Rolls Out its Full Range of Credit Risk Management Services in the GCC
عربي Cedar Rose has announced the launch of its comprehensive range of award-winning Credit Risk...
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Warning: Middle Eastern banks must minimize Non-Performing Loans consequences and ensure portfolios remain high in terms of value
Non-Performing Loans are set to peak in 2021 and effects can be mitigated through a Workout Unit,...
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Amazon grows its network with 11 new buildings and 1,500 jobs across Saudi Arabia
Amazon will create over 1,500 additional jobs across KSA; the multiplier effect of Amazon...
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Wa’ed, Royal Commission for Jubail & Yanbu, announce start-up alliance in Saudi Arabia’s two largest industrial zones
عربي The collaboration between Wa’ed, the entrepreneurship arm of Aramco, and the Royal Commission...
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Citi Announces Retirement of Atiq Rehman, Head of EMEA Emerging Markets (EM) Cluster
عربي UAE, Dubai- 11 March 2021: After 37 years with Citi, Atiq Rehman, Head of EMEA Emerging...
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Saudi National, Esraa Al-Buti, selected as a 2021 World Economic Forum Young Global Leader
EY tax partner recognized for pioneering work in tax-advisory and tax-structuring services as well...
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ABB urges greater adoption of high-efficiency motors and drives to combat climate change – global electricity consumption to be reduced by 10%
In a new whitepaper published today, ABB reveals the potential for significant energy efficiency...
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Wa’ed backs Postage, an express courier redefining ‘fast delivery’ in Saudi Arabia
عربي March 10, 2021 – Postage, a last-mile logistics provider for businesses that is...
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First-ever ERM diagnostic survey of regional companies by Protiviti highlights an imminent need for stronger risk management
عربي KSA; March 09, 2021: Spurred by the desire to mitigate the impact of risky events like the...
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AVEVA, ADNOC and ARC Conclude that Digital Transformation will Increasingly Drive Sustainable Business Practices in a Post-Pandemic World
Capital-Intensive Industries Demonstrate Significant Digital Agility in the face of Unprecedented...
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