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411 - 420 from 16524 . In "BUSINESS"
A rainy summer in Europe meant sales of ice cream dropped
Unilever is cutting jobs and splitting off its ice cream unit
LONDON — Marmite and Dove soap-owner Unilever is to cut about 7,500 jobs worldwide, as part of an extensive three-year cost-saving plan.The group also said it would split off its ice cream business which includes the Wall's, Ben & Jerry's and Magnum brands.The food and household goods giant said the spin-off will start immediately and should be completed by the end of 2025.Unilever said the shake-up would help it to "do fewer things better".The job cuts, which Unilever said would mostly affect office staff, represent more than 5% of its 128,000 global workforce and are aimed at saving around €800m (£684m) over the next three years.Unilever employs 6,000 staff in the UK including producing ice cream in north-east Gloucestershire, Marmite and Bovril in Burton-on-Trent...
March 19, 2024

Unilever is cutting jobs and splitting off its ice cream unit

Rami Kichli, Senior Vice President of Software AG Middle East and Turkiye.
Leading integration company Software AG to build future ready government e-services
As digital transformation takes center stage in Saudi Arabia, Software AG's "Super iPaaS" that unifies and simplifies the integration of applications, devices, data and cloud, underscores a pivotal shift towards enhanced connectivity and efficiency in the public sector.This innovative integration suite, meeting evolving demands of connected digital services, serves as a cornerstone for nationwide organizations, with its unified interface facilitating seamless global governance, marking a significant leap forward.Rami Kichli, Senior Vice President of Software AG Middle East and Turkiye, emphasized its importance at last week's LEAP event, aligning with Vision 2030's digital aspirations.A recently published report by the General Authority for Statistics highlighted that...
March 18, 2024

Leading integration company Software AG to build future ready government e-services

Malik Alyousef, Co-Founder & Chief Operating Officer at Mozn.
Successful conclusion of Leap 2024: Mozn highlights new partnerships and innovations
Mozn, the regional leader in enterprise AI technologies, made a significant impact at LEAP 2024, a prestigious global technology event, by showcasing its cutting-edge AI solutions and announcing a strategic collaboration with Google Cloud. This collaboration marks a pivotal moment in Mozn's journey to advance digital humanity through the power of artificial intelligence.At LEAP 2024, Mozn unveiled its state-of-the-art AI offerings, including OSOS and FOCAL, which are designed to revolutionize AI-powered capabilities across industries. OSOS, Mozn's generative AI marvel tailored for the Arabic language, was lauded for its ability to understand and interpret the linguistic nuances of Arabic, catering to the specific needs of regional markets. Additionally, FOCAL, Mozn's...
March 18, 2024

Successful conclusion of Leap 2024: Mozn highlights new partnerships and innovations

A McDonald's restaurant in Tokyo
McDonald’s stores hit by global IT failure
NEW YORK — McDonald’s has been hit by a system failure that closed stores and disrupted online and app orders in countries as far apart as the United States, Australia, Japan, Hong Kong and the United Kingdom.“We are aware of a technology outage, which impacted our restaurants; the issue is now being resolved,” McDonald’s (MCD) said in a statement to CNN Friday. “Notably, the issue is not related to a cybersecurity event.”A spokesperson declined to give further details about the cause or geographical extent of the outage.A cashier at a McDonald’s store in New York told CNN that the store’s IT system went down around 1 a.m. and came back around 5 a.m.Meanwhile, McDonald’s Japan said in a post on X Friday: “Many stores across the country have temporarily suspended...
March 15, 2024

McDonald’s stores hit by global IT failure

Takamol Holding signs 18 agreements at LEAP 2024
The LEAP Tech Conference 2024 witnessed a notable participation with strategic engagements by Takamol Holding and its role as a strategic sponsor of the conference. The company stood out by showcasing diverse presentations of its products and programs, with its CEOs and members actively participating in panel discussions on the main stage.The participation included introducing Takamol Holding's products and programs, as well as its subsidiaries, and conducting a series of discussions with leading companies to explore technological solutions for social and economic development in the Kingdom. This effort resulted in the signing of 18 agreements with partners from various vital sectors serving the labor market and the Vision 2030 of the Kingdom of Saudi Arabia. Additionally, CEOs and...
March 13, 2024

Takamol Holding signs 18 agreements at LEAP 2024

Merck’s expansion: Launches a regional office in Riyadh and SR100 million Merck Limited Company
Merck, a leading science and technology company, announced the opening a regional office in Riyadh, marking a significant milestone in the company's journey of collaboration and growth. The decision to establish the office in Riyadh underscores the city's stature as a key economic center and a prime investment destination in the Middle East.The Ministry of Investment of Saudi Arabia granted Merck the license to establish the regional office, marking a significant milestone in the company's journey. The official reception on February 26, 2024, brought together key stakeholders to commemorate this momentous occasion and reaffirm Merck’s commitment to serving the Saudi market.The incorporation of Merck Limited Company further solidifies the company's foothold in Saudi Arabia...
March 13, 2024

Merck’s expansion: Launches a regional office in Riyadh and SR100 million Merck Limited Company

G-SHOCK turns 40: A spectacular celebration of resilience and innovation in Jeddah with CASIO Middle East and Africa & Mahmood Saleh Abbar & Partners
In a grand collaboration, CASIO Middle East and Africa FZE, the regional subsidiary of CASIO COMPUTER CO., LTD., the leading technology company in collaboration with together with Mahmood Saleh Abbar Partners trading Co, the exclusive distributor of CASIO products in the kingdom, are proud to announce the celebration of the 40th anniversary of the iconic G-SHOCK brand. This grand event, that was held in city of Jeddah, Saudi Arabia, on March ,7 marks a significant milestone for the brand renowned for its innovation, resilience, and timeless appeal. The choice of Jeddah, a city that uniquely bridges cultural heritage with modernity, underscores the brand’s ethos of building on strong foundations while continuously pushing the boundaries towards the future. Born from Kikuo Ibe's...
March 12, 2024

G-SHOCK turns 40: A spectacular celebration of resilience and innovation in Jeddah with CASIO Middle East and Africa & Mahmood Saleh Abbar & Partners

Xiaomi's SU7 electric car
China technology giant Xiaomi starts electric car sales
BEIJING — Chinese technology giant Xiaomi says it will start deliveries of its first electric vehicle (EV) this month — its first ever foray into the competitive automotive industry.The car's price is expected to be announced on 28 March.China's fifth-largest smartphone maker says it has 59 stores in 29 cities around the country to take orders.It comes as a price war intensifies between firms like BYD and Tesla in China, the world's biggest car market.At the unveiling of the Speed Ultra 7 (SU7) last year, Xiaomi's chief executive Lei Jun said the company aims to become one of the top five car makers in the world.The smartphone giant has said it will invest $10bn (£7.8bn) in its vehicles business over the next 10 years.Lei said the SU7 was "super electric...
March 12, 2024

China technology giant Xiaomi starts electric car sales

Dr. Soliman Fakeeh Hospital in Jeddah named world’s best private hospital in Saudi Arabia by Newsweek 2024
In a clear sign of its dedication to great healthcare, Dr. Soliman Fakeeh Hospital in Jeddah has once again been recognized as the best private hospital in Saudi Arabia for the third straight year. Additionally, it secured the third spot among all hospitals, public and private, in a ranking conducted by Newsweek in 2024. This achievement showcases the hospital's strong commitment to providing exceptional medical care.The recognition by Newsweek, a globally renowned publication, is a significant milestone for Dr. Soliman Fakeeh Hospital, reaffirming its position as a leading healthcare institution not only in Saudi Arabia but also on the world stage. The hospital's consistent performance and exceptional standards have earned it the title of the best private hospital for three...
March 10, 2024

Dr. Soliman Fakeeh Hospital in Jeddah named world’s best private hospital in Saudi Arabia by Newsweek 2024

Lulu KSA announces Ramadan deals that bring charity & convenience together
Lulu Saudi Hypermarkets in the Kingdom of Saudi Arabia have announced a grand Ramadan promotion that offers some of the best products from around the world at super affordable prices. Given that shoppers will be looking for value and quality for a wide range of essential goods, the Hypermarket has announced ‘killer prices’ on basic goods such as rice, tea, juices, flour, oil etc. to ready-to-prepare foods like samosa, kibbeh etc. in the ‘Freezer to Fryer’ section, the best cuts of meat and fresh fruit and vegetables for Ramadan meals; there will also be deals on desserts, delicatessen cheeses and cold cuts, to children’s treats and even special diet meals (vegan, organic, keto etc).Since the Holy Month is also marked with unique local traditions, LuLu will be stocking up on...
March 09, 2024

Lulu KSA announces Ramadan deals that bring charity & convenience together

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