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321 - 330 from 16494 . In "BUSINESS"
JAECOO launches groundbreaking Torque Vectoring Four-Wheel drive technology reshaping extreme off-road experiences
Adhering to the design philosophy of "From Classic, Beyond Classic," the #JAECOO #J7 masterfully integrates the joys of off-roading with luxury, intelligence, and safety. The ARDIS All Road Drive Intelligent System, a smart technology uniquely developed by JAECOO to meet off-road demands, has evolved technologically once again, introducing an industry-unique Torque Vectoring Four-Wheel Drive system.JAECOO's Torque Vectoring Four-Wheel Drive system surpasses traditional off-road AWD technologies. It not only breaks through the performance limitations of conventional AWD but also enhances the off-road lifestyle of users with a strong and reliable performance value advantage.The Torque Vectoring Four-Wheel Drive technology in the J7 which is unique among competitors and based on...
June 03, 2024

JAECOO launches groundbreaking Torque Vectoring Four-Wheel drive technology reshaping extreme off-road experiences

Ali Bailoun, Visa’s Regional General Manager for Saudi Arabia, Bahrain, and Oman.
Unleashing the Full Potential of Fintech: Challenges, Opportunities, and a Way Forward
By Ali Bailoun, Visa’s Regional General Manager for Saudi Arabia, Bahrain, and OmanThe GCC has been experiencing rapid growth in its digital economy, spurred by a combination of government initiatives, regulatory support, and the increasing adoption of digital payments.Fintech is also driving this transformation with innovative technologies that extend the benefits of digital commerce to consumers and businesses. Through fintech, more consumers enjoy seamless and personalized financial experiences, businesses access a broader range of financial services, and the economy benefits from increased financial inclusion and innovation.Governments have been in the driver’s seat of this transformation. The Saudi Central Bank (SAMA), Central Bank of Bahrain, and Central Bank of Oman, for...
June 02, 2024

Unleashing the Full Potential of Fintech: Challenges, Opportunities, and a Way Forward

OPEC+ extends production cuts until end of 2025
Saudi Gazette reportRIYADH — The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, have agreed to extend voluntary production cuts amounting to 2.2 million barrels per day until the end of 2025.OPEC announced in a press release on Sunday that the next ministerial meeting of OPEC+ is scheduled for December 1. Additionally, the Joint Ministerial Monitoring Committee (JMMC) will meet every two months to monitor production.The coalition, which includes OPEC and allies led by Russia, has implemented significant production cuts since late 2022. Currently, the total cuts by OPEC+ members amount to 5.86 million barrels per day, roughly 5.7% of global demand.These cuts include 3.66 million barrels per day from OPEC+ members until the end of...
June 02, 2024

OPEC+ extends production cuts until end of 2025

Unstoppable OMODA & JAECOO global export sales volume surpassed 220,000! Now joining the KSA market with their pre-sales campaign
The long wait for OMODA & JAECOO is finally over for the Saudi market, as starting next week, the pre-sales for OMODA & JAECOO will begin. Saudi customers can now book OMODA or JAECOO vehicles directly from their websites. In fact, the soft launch of the brand will also take place early next month at the beginning of June.To make it more attractive and honor the first batch of customers of OMODA or JAECOO vehicles, the Riyadh Head Office of OMODA & JAECOO has decided to offer several exciting sales and service offers, which will be limited to only the first batch customers. The first batch customers will be eligible to get a 7-year or 250,000 KM warranty (whichever comes first) instead of 6 years. They will also enjoy free maintenance service for up to 60,000 KM for up to 3 years....
May 31, 2024

Unstoppable OMODA & JAECOO global export sales volume surpassed 220,000! Now joining the KSA market with their pre-sales campaign

Houssem Jemili, Partner and member of the Vector℠ and Advanced Manufacturing & Services practices at Bain & Company.
Houssem Jemili of Bain & Company discusses enhancing KSA's startup ecosystems and innovation landscape
Houssem Jemili, Partner and member of the Vector℠ and Advanced Manufacturing & Services practices at Bain & Company, recently shared valuable insights into the burgeoning startup ecosystems and innovation landscape in Saudi Arabia. He emphasized the critical roles of livability, funding, business environment, and infrastructure in transforming Saudi cities into global hubs for innovators and creators.Saudi Arabia's livability is crucial for attracting and retaining top-tier global talent and beyond the basic livable standards such as health, connectivity, and safety. It is important to create a sense of belongingness in the community, which can be spurred through social events, and creative conferences. “Events like LEAP have already started creating a positive flywheel effect in...
May 30, 2024

Houssem Jemili of Bain & Company discusses enhancing KSA's startup ecosystems and innovation landscape

James Root, Partner and co-chair of Bain Future at Bain & Company.
James Root of Bain & Company unveils groundbreaking insights on future of work
James Root, Partner and co-chair of Bain Future at Bain & Company, recently shared his expertise into the evolving landscape of workplace dynamics and human capabilities development. This follows the transformative panel discussion he led at the Human Capital Initiative (HCI) earlier this year, titled "The New Future of Work – Putting the Working Future into Action”.During the discussion, Root highlighted the complexity of being a people leader in today’s workforce environment. "Leaders must navigate the intricacies of gig and remote work, the impact of automation, and the increasing stress levels within teams," he stated. “Putting it simply, there is no such thing as an average worker anymore. That would be fine if firms used the same approach to segmenting their...
May 30, 2024

James Root of Bain & Company unveils groundbreaking insights on future of work

Saudi Awwal Bank (SAB).
Saudi Awwal Bank recognised for excellence in sustainability, wins 'Best Bank for ESG' award second year in a row
Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, was awarded Euromoney's “Best Bank for ESG” award for the second consecutive year. The award recognizes SAB's approach to sustainability and reporting.It comes as part of SAB’s efforts to align with market best practices while being a key contributor towards shaping corporate sustainability discussions in the Kingdom.Commenting on the award, Tony Cripps, Managing Director & CEO at SAB, said: "We are proud to have received this award. This is a recognition of our efforts to embed ESG principles across our operations and decision-making processes."He added: "It is a testament to our commitment to sustainable banking and our desire to create long-term value for our...
May 30, 2024

Saudi Awwal Bank recognised for excellence in sustainability, wins 'Best Bank for ESG' award second year in a row

OMODA 5 sets new safety benchmarks, secures E-NCAP and A-NCAP global 5-star safety certification
The automotive industry has never before been at the convergence of so many technological revolutions. Electrification and the intelligent revolution are carving out a new track. Regardless of how the track changes, building automobiles still requires a solid industrial foundation and craftsmanship to go further. In recent years, OMODA, a favorite among the global Z generation, has always upheld quality as its priority. Its first global model, the OMODA 5, has subsequently achieved scores far above the class average in the E-NCAP and A-NCAP, flaunting the highest safety prowess in its class.It is worth mentioning that in the critical tests of "Child Occupant Protection" and "Safety Assist," the OMODA 5 demonstrated capabilities significantly above the industry average....
May 30, 2024

OMODA 5 sets new safety benchmarks, secures E-NCAP and A-NCAP global 5-star safety certification

Lucid Group, EVIQ partner to enhance high-speed EV charging infrastructure in Saudi Arabia
RIYADH — Lucid Group alongside Electric Vehicle Infrastructure Company (EVIQ), announced on Wednesday a strategic Memorandum of Understanding (MoU) aimed at revolutionizing the electric vehicle (EV) charging landscape in Saudi Arabia.This collaboration is set to develop high-speed public charging stations across the Kingdom, facilitating easier access to charging solutions and supporting the wider adoption of EVs.The partnership marks a pivotal step in enhancing the EV infrastructure within the Kingdom, propelling Saudi Arabia towards becoming a global hub for EV technology innovation and development.The MoU outlines plans to utilize EVIQ’s extensive network of fast-charging stations, significantly improving the ownership experience for Lucid customers in Saudi Arabia.Lucid's...
May 29, 2024

Lucid Group, EVIQ partner to enhance high-speed EV charging infrastructure in Saudi Arabia

PIF crowned world’s most valuable sovereign wealth fund brand
LONDON — PIF is the most valuable sovereign wealth fund (SWF) brand, with a brand value of $1.1 billion, according to new data from Brand Finance.The Public Investment Fund (PIF) leads among SWFs, driven by its investment strategy and high trust in its name, emerging as one of the strongest brands globally in the sovereign wealth sector.BlackRock is crowned the world’s most valuable asset management (AM) brand, with a brand value of just over $7 billion. Robust revenue growth and innovation have fueled BlackRock’s brand value. Among all AM firms, PIF is ranked sixth in brand value to assets under management ratio.JP Morgan Asset Management claims close second position in the overall ranking, with a brand value just below $7 billion. Vanguard follows in third with a brand value of $6...
May 29, 2024

PIF crowned world’s most valuable sovereign wealth fund brand

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