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10151 - 10160 from 16581 . In "BUSINESS"
Fatima Al Sakkaf
UAE eyes investment law to attract expatriates
DUBAI — As UAE developers unveiled another raft of projects at Cityscape Global this week, a legal expert said more of the new homes will be snapped up by expatriates encouraged to stay longer in the country by changes to company ownership and visa rules.Plans to introduce an investment law allowing 100 per cent foreign ownership this year, as well as a new 10-year visa for international investors and talented professionals, were announced by the UAE cabinet in May.“There is a growing interest both from investors around the world and expatriate professionals in many sectors who are anxiously awaiting the government’s draft regulations,” said Zisha Rizvi, Partner at STA Law Firm.“One thing that is certain is that the new visa rules will change the trend for the UAE’s...
October 03, 2018

UAE eyes investment law to attract expatriates

APICORP sets sights on $574 billion new development
DAMMAM – The Arab Petroleum Investments Corporation (APICORP), the multilateral development bank focused on the energy sector, participated in the 11th Arab Energy Conference being held in Marrakech, Morocco. At the conference’s Third Ministerial Session held last Tuesday, APICORP’s Chief Executive Officer Dr Ahmed Ali Attiga presented the findings of the corporation’s most recent report on the investment outlook for the MENA Energy Industry. The agenda of the Third Ministerial Session was “Investment Requirements in the Arab Energy Sector.”The report forecast that the MENA region will see a number of critical energy projects pushed through over the next five years, despite the uncertain geopolitical backdrop. Around $345bn has been committed to projects under execution while...
October 03, 2018

APICORP sets sights on $574 billion new development

Ali AbuKumail
MENA urged to capitalize on entrepreneurial thrust
DUBAI — Although entrepreneurship in the MENA region is booming, greater and more comprehensive cooperation between local governments is necessary in order to capitalize on recent momentum within the ecosystem, according to a senior World Bank representative.Ali AbuKumail, a Senior Private Sector Specialist at the World Bank, recently worked on the Arab World Competitiveness Report 2018 - a joint cooperation between the World Economic Forum and World Bank which focuses on MENA entrepreneurship. In the latest Wamda podcast, he shares his views on the state of the startup ecosystem with Walid Faza, Partner at Wamda Capital.“Policymakers have to look at the comprehensive picture of ecosystem development and the journey of entrepreneurs from the minute they are individuals who aspire to...
October 03, 2018

MENA urged to capitalize on entrepreneurial thrust

Diamond-studded jewelry
Khader Rizk unveils rare diamond jewelry
“ALLAH is One” is one of the most timeless national songs in the history of Saudi art in the eighties. The poet Prince Bader Bin Abdul Mohsen wrote the lyrics and the performance of the Arab artist Mohammed Abdo was perfected. A piece of diamond jewelry, each one of which represents a part of the poem’s verses, with the design and innovation of Saudi businessman and designer Khader Rizk.The collection of jewelry was made in Saudi Arabia, inspired by the design of the house of poetry in the poem «in our hand the book of God and in our hands» was 22 pieces in the form of swords gilded and studded with pure diamonds, and handles swords open “Quran”, and wrote the verses on each sword in a way that reflects the thought and mastery, coinciding with the issuance of the National...
October 03, 2018

Khader Rizk unveils rare diamond jewelry

Ritz-Carlton, Jeddah opens ‘Saltz’ signature restaurant
THE Ritz-Carlton, Jeddah opens ‘Saltz’ restaurant – the hotel’s new signature restaurant. Taking cues from the shorelines of Red Sea and as a tribute to the contemporary coastal setting, an array of salts, harvested from every corner of the world, are available to enhance the flavor and appearance of each exquisite dish. Salt is the star ingredient in the menu and each type of salt has its own texture, color and unique taste. ‘Saltz’ offers an eclectic menu of flavorful culinary creations focusing on elevating your senses and aiming at an unforgettable dining experience. The menu personifies the sophisticated culinary philosophy of the award winning Executive Chef Thomas Pendarovski. The newly opened iconic restaurant features the finest ingredients including ‘grade 12...
October 03, 2018

Ritz-Carlton, Jeddah opens ‘Saltz’ signature restaurant

Samer Omar
Cyber Saber Hackathon 2018 slated to take place in Riyadh
#VIRTUPORT’S CEO Eng. #Samer_Omar announced that more than 100 Saudi students are expected to participate in the two-day hackathon including offensive and defensive challenges more advanced than anything previously held in the region. VirtuPort’s Cyber Saber Hackathon 2018 is being exclusively sponsored by STC Business. The hackathon is being run for the second year in a row in Riyadh with plans to expand in 2019 to other cities in the Middle East and goal of having playoffs for a regional winner. The students will be representing various public and private universities in the hackathon where they will be getting their hands on a state-of-the-art model Smart City which will have more smart components including requirement to have red team (offensive) and blue team (defensive) team...
October 03, 2018

Cyber Saber Hackathon 2018 slated to take place in Riyadh

Group photo of Anker and Shareef Corner Trading Co. officials
Anker holds its 3rd annual event
ANKER and SCT “Shareef Corner Trading Company” celebrated the 2018 third Anker Annual event at a Gala Dinner held in Al Faisalliah Hotel Riyadh, with the presence of a large number of representatives of Saudi companies and institutions specialized in mobile accessories technologies trading.This annual event is part of Anker actions toward its agents and partners around the world to enhance the spirit of collaboration and to create a unique work environment in order to encourage creativity and achievements.Shamekh Al Assaf, Regional Director of Sales in Anker Innovations highlighted the company’s achievements, strategic and expansion plans.Mohammed Abu Jameh, SCT Marketing Manager, reviewed the partnership success factors with Anker for three consecutive years and admired the role of...
October 03, 2018

Anker holds its 3rd annual event

Fundraising represents the largest-ever women-led VC funding round in e-commerce in MENA
GII becomes single largest shareholder in Mumzworld
DUBAI-based Mumzworld.com, the Pioneer and leading e-commerce shopping destination for mothers in the MENA region, announced that it has successfully closed its Series B funding round with an additional investment from Gulf Islamic Investments (GII), a leading financial services firm in the UAE. This makes GII the single largest shareholder in Mumzworld. The fundraise represents the largest-ever women-led VC funding round in e-commerce in the MENA region. Delta Partners, a global TMT advisory and investment firm, advised on the transactionUnderpinned by strong investor appetite, the raise, follows investments from Tamer Group, Wamda Capital and Swicorp, together with 6 additional investors earlier this year, demonstrating strong confidence in the company’s aggressive growth trajectory,...
October 03, 2018

GII becomes single largest shareholder in Mumzworld





TalkBand B5
Huawei introduces its latest wearable device
HUAWEI Consumer Business Group (CBG) launched its latest wearable device, Huawei TalkBand B5, the fourth new generation of Huawei’s TalkBand products and the successor to Huawei TalkBand B3 launched in 2016. Equipped with a 1.13-inch Amoled touchscreen display with 2.5D curved glass and 160 × 300 pixels resolution, the Huawei TalkBand B5’s display is 2.4 times bigger than the previous one.Like its predecessors, Huawei TalkBand B5 is a 2-in-1 hybrid device, functioning as a smart Bluetooth headset and smarter health tracker. Thanks to the new device its users will be able to monitor their health on a daily basis, and be certain not to have missed a call even when in meetings, exercising or catching a flight. The wearable comes with stylish and premium straps offered in sport, fashion...
October 03, 2018

Huawei introduces its latest wearable device

Mohammed Wajih Sharbatly, CEO of Al Nahla Group,  with other executives, during the launch of the all-new Audi Q8 at Audi – SAMACO
Audi Q8 launched in KSA
THE Audi Q8 combines the best of two worlds – the elegance of a four-door luxury coupe and the convenient versatility of a large SUV. The generously dimensioned interior with variable luggage compartment, state-of-the-art operating and suspension technologies as well as intelligent assistance systems make the Audi Q8 a convincing companion for business and leisure. With the permanent quattro all-wheel drive and a ground clearance of up to 254 millimeters, the SUV coupe can continue when paved roads end. The Audi Q8, which is manufactured at the Bratislava plant, can be ordered now and will be available at all SAMACO Centre in Saudi Arabia and prices start at SR335,000 (incl. VAT).Mohammed Wajih Sharbatly, CEO of Al Nahla Group, said with the launch of the all-new Audi Q8 at Audi –...
October 03, 2018

Audi Q8 launched in KSA

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