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14361 - 14370 from 16583 . In "BUSINESS"
ABB debuts collaborative industrial robot YUMI at Gulfood Manufacturing 2017
Gulfood 2017 shows demand for industrial robots on the rise
THE international food manufacturing and processing industry is embarking on arguably its biggest transformation to date as robots, the Internet of Things (IoT), machine learning and artificial intelligence shape the factories of the future and play an increasingly prominent role in the global food supply chain.Amid increasing consumer demand for convenience, sustainability and affordability, and tighter food safety regulations, manufacturers and producers need more efficient and cost-effective production, processing and distribution solutions to meet demands. These key factors are driving the global food robotics market, which is estimated to be worth $1.37 billion by the end of this year and is forecast to rise at a Compound Annual Growth Rate (CAGR) of 12.8 per cent over the next five...
November 01, 2017

Gulfood 2017 shows demand for industrial robots on the rise

Istanbul's new airport
SITA tech solutions to bring Istanbul’s new airport to life
ISTANBUL new airport, one of the world’s most ambitious airport projects, has appointed global IT provider SITA to bring the region’s most advanced airport to life. SITA will deliver a wide range of airport, passenger and baggage processing solutions to deliver a world-class experience, showcasing the future of air travel.İGA, the contractor and designated operator of the new airport, has brought SITA on board to design and deliver IT solutions that will manage everything from landing to take off as well as all passenger processing and baggage management systems from check-in through to boarding. SITA’s systems will be required to support 75 flight departures per hour, 3,500 flight operations per day and 1,000 bags per flight. Upon completion of all phases of the project, the...
November 01, 2017

SITA tech solutions to bring Istanbul’s new airport to life

Executives and CEO of Dammam Airport Company (DACO) with Flyadeal officials at KFIA exchange mementos
flyadeal celebrates flight to Dammam
FLYADEAL, Saudi Arabia’s new low fare airline, flew its first flight to Dammam on Nov. 1. The new daily flight from Jeddah non-stop to Dammam is part of flyadeal’s expansion plan across the Kingdom, serving key gateway cities.Turki A. Aljawini, CEO of Dammam Airports Company (DACO), congratulated Flyadeal on the commencement of operations to and from KFIA. Expressing that the addition of Flyadeal to the DACO family will add value to the airport and to the region at large and is on track to contribute to development of tourism in the Eastern Province. Aljawini also indicated that the increased competition among carriers operating in Saudi will also help to drive down costs and improve services.Chairman of flyadeal Saleh bin Nasser Al-Jasser said “the success of flyadeal has been...
November 01, 2017

flyadeal celebrates flight to Dammam

Oman Air opens new call center in Malaysia
DEMONSTRATING its continued commitment to providing excellent customer service and a seamless passenger experience, Oman Air, the national carrier of the Sultanate of Oman, announced the soft opening of its new call center in Kuala Lumpur, Malaysia on Nov. 2, 2017 beside the current one operates in Oman. The new call center will provide support in English 24 hours on a daily basis one week after the soft opening.The new call center, which will be managed by call center experts Interglobe Technologies, will provide support in Thai, Malay, Bahasa, Tagalog, Chinese (Mandarin & Cantonese) languages. The center will be staffed by a professional team, all of whom will offer help and advice in the welcoming manner that Omanis and Oman Air are known for.The call center is one of newly launched by...
November 01, 2017

Oman Air opens new call center in Malaysia

S-Carpet Event at Jarir
Samsung brings Galaxy Note8 closer to buffs
IN its efforts to bring the user closer to its latest flagship model and its features, Samsung Electronics held its public S-Carpet event in Saudi Arabia in presence of a unique audience eager to get hands-on experience of the all new Galaxy Note8. The event was recently held at Jarir and Extra’s branches and entailed an experiential zone whereby visitors were invited to take part in a drawing competition for a chance to win the Galaxy Note8.Omar Abdelfattah, HOD IT & Mobile Division at Samsung Electronics KSA, said: “We are pleased to be delivering a one of a kind event that gives our audience the liberty to use the device as they see fit. The Samsung Galaxy Note8 enables users to make use of all the various features available to facilitate their ongoing daily activities and enjoy an...
November 01, 2017

Samsung brings Galaxy Note8 closer to buffs

DAMAC ranks first on Forbes List of Fastest Growing Companies
DUBAI — DAMAC Properties, a leading luxury real estate developer in the region, has clinched the number one spot on the Forbes Global 2000 List of Growth Champions, making it the fastest growing company worldwide among the top 2,000 listed by Forbes.The Forbes list was created in collaboration with Statista, a leading portal providing online statistics, market research and business intelligence, and is based on four metrics - sales, profit, assets and market value, and takes into account a company's compounded annual revenue growth between 2013 to 2016.Hussain Sajwani, Chairman of DAMAC Properties, said "topping the Forbes Global 2000 Growth Champions list is a personal honour for me as it puts the UAE and Dubai firmly on the global map for competitiveness. This ranking is a...
November 01, 2017

DAMAC ranks first on Forbes List of Fastest Growing Companies

Oman Air opens new call center in India
MUSCAT — Demonstrating its continued commitment to providing excellent customer service and a seamless passenger experience, Oman Air, the national carrier of the Sultanate of Oman, announced the soft opening of its new call center in Gurgaon, India last Oct. 30 2017 beside the current one operating in Oman. The new call center will operate 24 hours on a daily basis one week after the soft opening.The new call center, which will be managed by call center experts Interglobe Technologies, will provide support in English, Hindi, Urdu, Nepali and Tamil languages. The center will be staffed by a professional team, all of whom will offer help and advice in the welcoming manner that Omanis and Oman Air are known for.The call center is one of newly launched by the airline and will serve...
November 01, 2017

Oman Air opens new call center in India

Saudi stocks shrug off petchem results
JEDDAH/DUBAI — Saudi Arabia’s stock market fell on Tuesday despite a big rebound by petrochemical company PetroRabigh, while Dubai Investments helped offset losses by real estate-related shares in that market.The Saudi stock benchmark Tadawul All Share Index dropped 0.2 percent to 6,934 points as PetroRabigh’s gain failed to bolster the petrochemical sector as a whole while banking and insurance stocks weighed heavily on the market.PetroRabigh jumped 4.3 percent in its heaviest trade since May after reporting third-quarter net profit of 706 million riyals ($188.3 million) versus a year-earlier loss of 211 million riyals, with sales surging 43 percent.The petrochemical sector in general was mixed, with Saudi Kayan rising 2.3 percent in heavy trade and National Petrochemical rising 1.6...
November 01, 2017

Saudi stocks shrug off petchem results

Mohammad Turki Al-Otaibi
Orange appoints country manager for Saudi Arabia
DUBAI — Orange Business Services has appointed Mohammad Turki Al-Otaibi as country manager, Kingdom of Saudi Arabia. He takes over the management role from Laurent Marini who has moved to another position in the Orange Group.Mohammad is a Saudi national with more than 20 years’ experience of technology solutions for both enterprise and government sectors. His career spans more than a decade in a variety of leadership roles, including vice president for Sales and Solutions with Ericsson Saudi Arabia, project manager in the oil and gas sector at the Royal Commission for Jubail & Yanbu and lead software engineer with the Saudi Arabian Air Force.Mohammad holds an MBA from the University of Hull in the UK and a bachelor’s degree in Information Computer Science from the King Saud...
November 01, 2017

Orange appoints country manager for Saudi Arabia

UAE Minister Dr. Abdullah bin Mohammed Belhaif Al Nuaimi
India-UAE Partnership Summit seals $1bn investment pledge
DUBAI — The two-day India-UAE Partnership Summit (IUPS) concluded with a $1 billion (AED3.67 billion) fund-raising by the NRI-Emirati Investor’s Group, established by the Business Leaders Forum (BLF), organizers of the IUPS.The NRI-Emirati Investors Group includes more than 20 top NRI businessmen in UAE.Nitin Gadkari, India’s Union Minister for Roads, Highways, Transport, Maritime and Water Resources, invited UAE investors to take up projects from a selection of hundreds of new development projects under the Sagarmala and Bharatmala initiatives.The International Monetary Fund says, the current initiatives will help India to raise its GDP growth rate to 8.1 per cent by 2020, from the current 7.2 percent.“We are currently constructing 28 kilometers of road per day, up from 2...
November 01, 2017

India-UAE Partnership Summit seals $1bn investment pledge

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