Wednesday June 25, 2025 / 29 , Dhu al-hijjah , 1446
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
10281 - 10290 from 16530 . In "BUSINESS"



 Mohammed Alardhi
Investcorp launches its first investment in China
MANAMA — Investcorp, a global provider and manager of alternative investment products, has announced Tuesday its first private equity investment in China since its inception in 1982.Investcorp has partnered with China Everbright Limited (“Everbright”), a reputable sovereign-backed cross-border asset manager that is publicly listed on the Hong Kong Stock Exchange (Everbright, 165.HK). Investcorp, has agreed an investment of up to $150 million in the second round of the China Everbright Limited New Economy Fund L.P. (the “Fund”) as well as an additional co-investment right of up to $100 million. In the first round, the Fund received an aggregate commitment of $313 million from other investors that has been deployed into high-growth Chinese technology companies that operate in a...
September 18, 2018

Investcorp launches its first investment in China

Glowork Women’s Career Fair 2018 slated in Riyadh
RIYADH — Saudi-based Glowork has announced that the 6th edition of its annual A Step Ahead Career Fair will be held on Oct.1-3, 2018 in Riyadh at AlFaisaliah Hotel in Prince Sultan Hall.Titled ‘A Step Ahead’ Glowork, the largest women’s employment and recruitment related event in the Middle East, is endorsed by the Human Resources Development Fund.The three-day event features more than 80 leading local, regional and international companies that will have booths offering female jobseekers and university students advice on their future career paths as well as conducting interviews for currently available job opportunities. A Step Ahead 2017 Career Fair saw the participation of 84 companies and attracted 40,000 attendees, and 45 workshops were hosted.This year’s agenda includes...
September 18, 2018

Glowork Women’s Career Fair 2018 slated in Riyadh




Mohammed Radwan
Intelligence at the edge: Its business effect
OVER the past few years, a significant number of organizations worldwide have started to incorporate cloud into their operations, gathering insights from large amounts of data that help them achieve key business outcomes. Cloud traffic is expected to increase almost four times by 2020. Simultaneously, the Internet of Things (the billions of devices around the world sending and receiving data across the internet) market is expected to reach $267 billion in the same period. The Middle East and Africa is no exception. The region is expected to see an exponential growth in data centre traffic, estimated to reach one quintillion bytes per year by 2020.However, as the IoT continues to grow and businesses realize its benefits, the next breakthrough capability is to enable IoT devices themselves...
September 18, 2018

Intelligence at the edge: Its business effect

Huawei P20 Pro
Huawei P20 Pro heralds new era of mobile photography
THE Huawei P20 Pro released in 2018 belong to fourth generation camera phones. With its powerful AI capabilities, the Leica Triple Camera and super telephoto zoom, the P20 Pro beats its competitors and brings revolutionary changes to mobile photography, enabling users to take high-quality professional photos.Nowadays, smartphones have become the go-to tool that people use to capture their daily lives. Mobile photography is changing our visual experience and dominates the way we see; it also profoundly changes people’s thinking and interpretations about things. As a leader, Huawei is committed to providing the best smartphone photography experience.Every year, Huawei holds the global Next-Image Awards. The Awards are a social contest that is broken down into six categories. In 2017, there...
September 18, 2018

Huawei P20 Pro heralds new era of mobile photography





Ithmaar Bank-Eazy Financial Services initiative will result in a major positive change in Bahrain›s economy and capital market
Ithmaar, Eazy to launch region’s first biometric payment network
ITHMAAR Bank and Eazy Financial Services announced plans to launch the region’s first biometric payment network, supported by the Labour Fund “Tamkeen”, providing new and more efficient alternative for customers to conduct many of their financial transactions.When implemented, Ithmaar Bank customers will no longer be required to use their bank cards at ATMs. Instead, they will simply be able to use their fingerprint along with their PIN to process financial transactions. This provides a simpler, more secure way to process financial transactions than ever before. In future, this may also include points of sale.Bahrain Economic Development Board (EDB) Chief Executive, Khalid Al Rumaihi, said: “With this announcement Ithmaar Bank and Eazy Financial Services are truly showcasing...
September 18, 2018

Ithmaar, Eazy to launch region’s first biometric payment network





J-Clinic builds on MIT expertise across multiple scientific disciplines
Abdul Latif Jameel Clinic for Machine Learning in Health launched in the US
MIT and Community Jameel, the social enterprise organization founded and chaired by Mohammed Abdul Latif Jameel ’78, launched on Tuesday in Cambridge, Massachusetts, the Abdul Latif Jameel Clinic for Machine Learning in Health (J-Clinic). This is the fourth major collaborative effort between MIT and Community Jameel. J-Clinic, a key part of the MIT Quest for Intelligence, will focus on developing machine learning technologies to revolutionize the prevention, detection, and treatment of disease. It will concentrate on creating and commercializing high-precision, affordable, and scalable machine learning technologies in areas of health care ranging from diagnostics to pharmaceuticals, with three main areas of focus:• Preventative medicine methods and technologies with the potential to...
September 18, 2018

Abdul Latif Jameel Clinic for Machine Learning in Health launched in the US

Hyperloop institutes certification guidelines
Hyperloop Transportation Technologies, leading testing, certification and inspection company TÜV SÜD, and Munich Re, one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions announced on Tuesday the creation of the first set of Hyperloop core safety requirements and certification guidelines along with the first insurance framework for HyperloopTT worldwide systems. As construction moves forward at different locations around the world, HyperloopTT has reached key milestones on two of the biggest hurdles remaining for the new transportation system: regulation and insurance.At a private meeting held at TÜV SÜD’s global headquarters in Munich, Germany, several of HyperloopTT’s partners and stakeholders, together with government...
September 18, 2018

Hyperloop institutes certification guidelines





Jumeirah Nanjing
Jumeirah unveils luxury hotel in Nanjing, China
JUMEIRAH Group, the global luxury hospitality company and a member of Dubai Holding, announced the launch of Jumeirah Nanjing on Sept. 10. Under the direction of Jumeirah CEO, José Silva, the Group is in a phase of accelerated expansion and this new Jumeirah branded property in China represents an important deliverable in achieving the brand’s global growth ambitions.Jumeirah Nanjing combines China›s rich ancient history with modern day living. Located on the banks of the city’s Yangzte River, the hotel is situated on the 39-67th floors North Tower within the prestigious International Youth Cultural Centre (IYCC) of the Hexi New District. The striking and iconic architecture was created by the legendary architect Zaha Hadid, whose design took inspiration from a graceful sailing...
September 18, 2018

Jumeirah unveils luxury hotel in Nanjing, China

Uber said in talks to acquire Careem
NEW YORK — Uber Technologies Inc. is said to be in discussions to buy its Dubai-based rival Careem Networks FZ as the ride-hailing giant expands in the Middle East, people familiar with the matter said, according to Bloomberg on Monday.A deal could value Careem at $2 billion to $2.5 billion, the people said, asking not to be identified because the talks are private, said Bloomberg in the report. Negotiations are ongoing and Careem management is working to convince the firm’s shareholders of the merits of a deal, the people said. No final decisions have been made, and the companies may decide against the transaction, they said.“We believe the consumer Internet opportunity in the region is massive and untapped,” Careem said in an emailed statement, according to Bloomberg. “In the...
September 17, 2018

Uber said in talks to acquire Careem

Saudi PIF invests $1bn in Lucid Motors
RIYADH — The Saudi Public Investment Fund (PIF) announced on Monday said that it has concluded an investment agreement of over $1 billion with Lucid Motors, through a special-purpose vehicle wholly owned by PIF.Under the terms of the agreement, the parties made binding undertakings to carry out the Transaction subject to regulatory approvals and customary closing conditions.The Transaction, part of PIF’s International Investment Strategy, will provide the necessary funding to commercially launch Lucid’s first electric vehicle, the Lucid Air, in 2020. The company plans to use the funding to complete engineering development and testing of the Lucid Air, construct its factory in Arizona, enter production for the Lucid Air to begin the global rollout of the company’s retail strategy...
September 17, 2018

Saudi PIF invests $1bn in Lucid Motors

< 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