Sunday September 07, 2025 / 15 , Rabi' al-awwal , 1447
Header Logo
Leading The Way
search-icon
Footer Header
search-icon
SG
Saudi Arabia
Opinion
Discover Saudi
World
Sports
Business
Life
Advertisements
search-logo
  • Home
  • BUSINESS
BUSINESS
10131 - 10140 from 16583 . In "BUSINESS"
PepsiCo committed to excellence in everything
PepsiCo launches drive for more sustainable practices
PEPSICO, the global food and beverage company, showcases how it incorporates innovative processes, sustainability and design excellence into its operations at Saudi Design Week, taking place at the King Abdulaziz Center for National Dialogue in Riyadh on Oct. 3-7, 2018. PepsiCo, the official nutrition partner for the event, has created an evocative maze installation using Aquafina bottles, which visitors will have the opportunity to interact with during the event by adding used bottles to the installation throughout the week. The maze will feature bottles that will be sent for recycling after the event, demonstrating the need to adopt more sustainable practices. PepsiCo will also use the innovative Hashtag Printer on-site, which will use user-snapped images to create a mosaic throughout...
October 06, 2018

PepsiCo launches drive for more sustainable practices

Dan Purkis
Aramco awards extreme expansion tech to Pragma
PRAGMA Well Technology Ltd, a FrontRow Energy Technology Group company focused on advanced production technologies, has secured a contract with Saudi Aramco worth over $700,000. Saudi Aramco Exploration and Petroleum Engineering Centre - Advanced Research Centre (EXPEC ARC) will sponsor a three year contract to develop an Extreme Expandable Packer for its Thru-tubing Water Shut-off challenge. “Pragma shall develop a Thru-tubing Expandable Patch (TEP), employing additive manufacturing,” said Dan Purkis, Technical Director and inventor. “These printing machines can manufacture parts that would be impossible using traditional reductive techniques, making extreme expansion solutions possible. We are getting very exciting results and see a wide range of future applications.” ...
October 06, 2018

Aramco awards extreme expansion tech to Pragma

Western Union and STC Pay enter into partnership
STC Pay, a subsidiary of Saudi Telecom Company (STC), Saudi Arabia’s largest telco, and The Western Union Company, a leader in cross-border and cross-currency money movement, entered into strategic discussions to embed Western Union’s cross-border functionality into a new STC Pay led FinTech platform offering financial services locally and globally.Saudi Digital Payments Company, a subsidiary of Saudi Telecom charged with pioneering leading edge FinTech capabilities, today launched STC Pay digital mobile wallet available from Apple or Android app stores. It will allow customers to seamlessly transact a range of payments without the need of formal bank accounts.The ceremonial launch today was hosted in Riyadh, Saudi Arabia at midday U.S. EST, amid a distinguished gathering presided by...
October 06, 2018

Western Union and STC Pay enter into partnership

In this file photo Carlos Vegh, chief economist for Latin America and the Caribbean at the World Bank, speaks during the 2018 Spring Meetings of the International Monetary Fund and World Bank Group at the World Bank Group Headquarters in Washington, DC. — AFP
World Bank warns of Latin America's 'fragile' recovery
WASHINGTON — The World Bank on Friday expressed concern over the "fragile" economic recovery in Latin America and the Caribbean, weighed down by Venezuela's spiraling crisis and weak performances in Brazil and Argentina. "We've hit a bump in the road to recovery," Carlos Vegh, World Bank Chief Economist for Latin America and the Caribbean said in a report. "This makes it all the more important to better understand and manage risks and other shocks, from financial turbulence to natural disasters." This "fragile recovery highlights the need to increase efforts to build resilience and manage risks," he added. After a six-year regional economic slowdown, the region had a 1.1 percent growth spurt in 2017, and was expected to grow at...
October 05, 2018

World Bank warns of Latin America's 'fragile' recovery

A Danske Bank sign is seen at the bank's Estonian branch in Tallinn, Estonia, in this file photo. — Reuters
Danske shares slide as US criminal inquiry spooks investors
COPENHAGEN — Danske Bank's deepening money laundering scandal dragged its shares to a four-year low on Friday as Denmark's biggest bank sought to calm investors over the impact of a U.S. criminal investigation into its Estonian branch. Morten Mosegaard, the bank's interim chief financial officer, said the involvement of the US Department of Justice (DOJ) in an inquiry into alleged money laundering is very different to the case of Latvia's failed ABLV. US authorities in February accused the Latvian bank of covering up money laundering, leading to it being denied dollar funding after the US Treasury proposed invoking a section of the USA Patriot Act, and prompting its rapid demise. "It's very difficult to see any comparison between the two cases," Mosegaard...
October 05, 2018

Danske shares slide as US criminal inquiry spooks investors

The electric car revolution still faces a few hurdles. — AFP
'Not right away': Electric cars still have long road ahead
PARIS — Under dazzling autumn sunshine in the heart of Paris, Marc Fiot steps out of a new Zoe, Renault's flagship all-electric hatchback, and readily declares it "the future". Does that mean the 70-year-old retiree, who says he hasn't missed an edition of the Paris Motor Show since 1966, is ready to join what carmakers insist will be the electric revolution? "Not right away," Fiot says. "What's stopping us is the price — it's a bit expensive for a small car." The base price for a Zoe starts at 23,000 euros ($26,500) in France, and doesn't include battery rental costs — though the government is offering a 6,000 euro clean car rebate. But higher costs relative to traditional vehicles are just one of the hurdles facing the industry...
October 05, 2018

'Not right away': Electric cars still have long road ahead

Europe's consumer affairs commissioner has called for closer scrutiny of budget airline Ryanair, whose planes are visible on the airport.
EU commissioner questions legality of new Ryanair terms
BRUSSELS — Consumer officials should examine budget airline Ryanair's new terms and conditions, as any move to force dissatisfied customers to seek redress in Ireland would be illegal, a top European official said Thursday. Vera Jourova, the European Commissioner for justice and consumer affairs, was responding on Twitter to a media report about the Dublin-based airline changing its terms and conditions. "I read with concern news on Ryanair," wrote Jourova, the European Commissioner for justice and consumer affairs. "The fact that passengers would only have the possibility to seek legal remedies in Ireland is clearly against consumer rules," she added. "I call on Consumer Protection Authorities to examine these practices." She was reacting to an...
October 05, 2018

EU commissioner questions legality of new Ryanair terms

The logo of Samsung Electronics is displayed outside a company's building in Seoul in this file photo. — AFP
Samsung Electronics flags record Q3 operating profit
SEOUL — Samsung Electronics Friday forecast a record operating profit of 17.5 trillion won ($15.4 billion) in the third quarter led by solid demand for its memory chips. Sales for July to September are expected to reach 65 trillion won, the world's largest maker of smartphones and memory chips said in a regulatory filing. The earnings forecast from the South Korean electronics giant beat market consensus of about 17.2 trillion won according to market researcher FnGuide, with analysts expecting a jump in profits on a strong performance by the company's semiconductor unit. Third-quarter operating profit was up 20.4 percent from a year ago while sales jumped by 4.7 percent. "Operating profit seems to be at its peak now," Greg Roh, an analyst at Hyundai Motor...
October 05, 2018

Samsung Electronics flags record Q3 operating profit

In this file photo Elon Musk, CEO of SpaceX and Tesla, speaks during the International Space Station Research and Development Conference at the Omni Shoreham Hotel in Washington, DC. Less than a week after settling fraud charges with the US Securities and Exchange Commission, Musk on Thursday derided the agency on Twitter.
Tesla's Musk mocks SEC as judge demands they justify fraud settlement
NEW YORK — Tesla Inc's Elon Musk on Thursday mocked the US Securities and Exchange Commission, just hours after a federal judge ordered him and the regulator to justify their securities fraud settlement, which let Musk remain chief executive. "Just want to that the Shortseller Enrichment Commission is doing incredible work," Musk, a frequent critic of investors betting against the electric car company, wrote on Twitter. "And the name change is so on point!" The tweet came five days after Musk settled SEC charges that he misled investors in tweets on Aug. 7, including that there was "funding secured" to take his Palo Alto, California-based company private at $420 per share. Musk agreed to pay a $20 million fine, and step aside as Tesla's chairman...
October 05, 2018

Tesla's Musk mocks SEC as judge demands they justify fraud settlement

Traffic and people pass by the front of the Unilever building in central London, Britain, in this file photo. — Reuters
Marmite maker Unilever axes move from UK to Netherlands
THE HAGUE — Consumer giant Unilever, owner of iconic brands like Marmite and Dove soap, on Friday ditched its post-Brexit plan to move its main headquarters from London to Rotterdam after a revolt by shareholders. The Anglo-Dutch group, which also makes Ben and Jerry's ice cream, Persil washing powder and PG Tips tea, said it was scrapping a proposal that would have seen its corporate base move to the Netherlands. "We recognize that the proposal has not received support from a significant group of shareholders and therefore consider it appropriate to withdraw," the company said in a statement. The group had originally unveiled the planned switch in March in a symbolic decision that was largely interpreted by analysts as a blow to post-Brexit Britain. It also followed a...
October 05, 2018

Marmite maker Unilever axes move from UK to Netherlands

< Previous Next >
footer logo
COPYRIGHT © 2025 WWW.SAUDIGAZETTE.COM.SA - ALL RIGHTS RESERVED
Powered by NewsPress
NEWS CATEGORY
saudi arabia world opinion business sports esports life
COMPANY
advertisements about us Epaper contact us Archive privacy policy