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New Pierre Hermé Paris patisserie opens in Four Seasons Hotel Riyadh lobby
The art of pastry is now available to savor at the new Pierre Hermé Paris patisserie at Four Seasons Hotel Riyadh at Kingdom Centre. Situated in the Lobby of the high-altitude Hotel in the heart of the capital of Saudi Arabia, the gorgeous retail boutique invites guests and visitors into a realm where artistry and architecture coalesce, and every treat displayed is a work of culinary wonder prepared to perfection to dazzle the eyes as well as the palate.Just like at Pierre Hermé Paris cafes worldwide, the pastries, macarons, and chocolates crafted by the renowned French pastry chef and chocolatier Pierre Hermé – often hailed as the 'Picasso of Pastry' – artfully blend flavors, textures, and decorative elements in remarkably original and sometimes unexpected ways, aiming to...
February 15, 2024

New Pierre Hermé Paris patisserie opens in Four Seasons Hotel Riyadh lobby

'Saraya Al-Bahar', 'Dar Wa Emaar' project, wins the best new community award
“Dar Wa Emaar” Real Estate Investment & Development Company, specializing in community development and urban planning, was honored with the Best New Community Project award at the 11th International Finance Awards. The company’s “Saraya Al-Bahar” project clinched the prestigious accolade at a ceremony held on January 18, 2024, at Jumeirah Emirates Towers in Dubai.Established in 2013, the International Finance Awards have become renowned for their recognition of outstanding industry talents, exceptional leadership skills, significant industry net worth, and outstanding capabilities on a global scale.“Dar Wa Emaar” CEO, Osama Alkhunaizi, expressed pride in the achievement, stating: “We are all proud that our Saraya Al Bahr project in the Qatif region has been awarded the Best...
February 15, 2024

'Saraya Al-Bahar', 'Dar Wa Emaar' project, wins the best new community award

Tamimi Markets Company completes acquisition of Al Raya  
Tamimi Markets Company (“Tamimi”) announced on Thursday the completion of its acquisition of 100% of Al Raya For Food Stuffs Company JSC (“Al Raya” or the “Company”), a portfolio company of Levant Capital and a leading supermarket chain operating along the western half of the Kingdom of Saudi Arabia.The transaction aligns with Tamimi Markets’ national growth strategy and further strengthens its position in the Western region of Saudi Arabia. By acquiring Al Raya, Tamimi aims to leverage the combined strengths of both companies while serving new customers in multiple markets.Bobby Rajendran, CEO of Tamimi Markets, expressed his enthusiasm for the partnership, stating, “The Al Raya brand is renowned for its neighborhood convenience and fresh positioning, particularly with its...
February 15, 2024

Tamimi Markets Company completes acquisition of Al Raya  

Dr. Moataz Bin Ali, Regional Vice President & Managing Director, MMEA, Trend Micro.
Trend Micro recognized as leader in endpoint security by Gartner for 18th consecutive year
Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, has been recognized in the 2023 Gartner’s Magic Quadrant report for Trend Vision One in Endpoint Protection Platforms (EPP). This marks the 18th consecutive recognition for Trend Micro by Gartner, showcasing a remarkable track record since its initial acknowledgment in 2002.The Gartner Magic Quadrant research methodology places technology providers into four categories-Leaders, Visionaries, Niche Players, and Challengers-in rapidly evolving markets. According to Gartner's report, Trend Vision One - Endpoint Security is well-suited for a "broad range" of global organizations, making it an ideal choice for those seeking to consolidate security vendors, integrate workspace security, and manage...
February 14, 2024

Trend Micro recognized as leader in endpoint security by Gartner for 18th consecutive year

Jeff Bezos
Amazon founder Jeff Bezos sells shares worth over $4bn
NEW YORK — Multi-billionaire Jeff Bezos has sold more of his shares in Amazon, bringing the total value of sales in recent days to more than $4bn (£3.2bn).The technology giant, which Bezos founded in 1994, said he has sold 24 million Amazon shares this month.Bezos, who is the firm's executive chair, last sold Amazon shares in 2021.Earlier this month, the company said he was planning to sell 50 million shares over the next year, which are worth around $8.4bn at current prices.The first sale of 12 million shares was announced in a regulatory filing on Friday, followed by an announcement on Tuesday of the sale of another 12 million shares.Bezos has also given away shares in Amazon as part of his philanthropy, most recently in 2022.As Bezos moved to Miami in Florida from Seattle in...
February 14, 2024

Amazon founder Jeff Bezos sells shares worth over $4bn

Fadi Al Sheikh, Partner, Digital & Innovation at KPMG in Saudi Arabia.
Innovation and Resilience: KPMG’s blueprint for IT’s future
The information technology (IT) landscape is undergoing rapid changes with the emergence of public cloud, everything-as-a-service (XaaS), artificial intelligence (AI), and other technological advancements, presenting new challenges for IT leaders and their teams.According to recent publication by KPMG Saudi Arabia titled “The future of IT”, IT functions play a pivotal role in ongoing digital transformation, yet their future remains uncertain.The report conducts in-depth research into the changing forces of IT, identifying six key trends that center on XaaS, data, resilience, talent, innovation, and ESG.Firstly, the report highlights a significant shift from on-premises to IT consumed as a service (XaaS), with IT supporting applications by brokering, integrating, and orchestrating...
February 13, 2024

Innovation and Resilience: KPMG’s blueprint for IT’s future

Prince Turki bin Mohammed bin Nasser opens Beautyworld Saudi Arabia 2024
Prince Turki bin Mohammed bin Nasser bin Abdulaziz Al Saud today opened Beautyworld Saudi Arabia, the region’s largest beauty and wellness trade fair, at the Riyadh International Exhibition Centre.Running until 13th of February, Beautyworld Saudi Arabia offers visitors unrivalled access to five of the industry’s fastest-growing segments: Fragrance, Cosmetics & Skincare, Hair, Nails and Salon Supplies, Personal Care & Hygiene, and Supply Chain & ServicesBeautyworld Saudi Arabia is spread over 4 halls for the 2024 show at RICEC having grown four times in size from previous events and is expected to welcome over 340 exhibitors from around 36 countries. This year's edition promises to capitalise on the previous demand from 2022’s Beautyworld Saudi Arabia which was the most successful...
February 12, 2024

Prince Turki bin Mohammed bin Nasser opens Beautyworld Saudi Arabia 2024

SWFI FORT Dubai 2024 culminates with major AI innovation and global collaboration
Sovereign Wealth Fund Institute (SWFI) successfully concluded its Family Office Round Table (FORT) Dubai 2024 at Dubai's iconic Museum of the Future on February 2nd. "Abundance for the Future”, co-hosted with US-based Patel Family Office brought together policymakers, innovators and global wealth leaders managing an estimated $2 trillion in assets from 46 countries.Across a unique and varied blend of high-level panel discussions, keynote speeches, fireside chats, awards, networking sessions, notable attendees included H.H. Shaikha Jawaher Bint Khalifa Al Khalifa, Founder and Chairperson, FUTURE8 and Member of Board of Directors, NFINITY8 Dubai; H.E. Marwan Jassim Al Sarkal, Founder and CEO, Chapter 3; Mohammed Alblooshi, Chief Executive Officer, DIFC Innovation Hub.Lakshmi...
February 11, 2024

SWFI FORT Dubai 2024 culminates with major AI innovation and global collaboration

JACO launches largest Mercedes-Benz vehicle centre in Riyadh on Northern ring road
Juffali Automotive Company (JACO), the Exclusive Distributor of Mercedes-Benz in Saudi Arabia, inaugurated its largest center in the Kingdom in January 2024. The center is located on the Northern Ring Road in Alghadir District near KAFD in Riyadh. The Mercedes-Benz “Centre of Tomorrow” has been constructed on a total built-up area of over 21,000 square meters, featuring state-of-the-art facilities and technologies all aiming to provide the best experience for customers.This new center features an innovative showroom utilising latest technologies to create a unique experience for Mercedes-Benz customers in terms of sales and after-sales services. Customers can explore a variety of vehicles and choose what suits them in the new spacious two-floor showroom, accommodating more than 30...
February 08, 2024

JACO launches largest Mercedes-Benz vehicle centre in Riyadh on Northern ring road

UAE’s Lulu Group continues sending relief aid to Gaza
Abu Dhabi based Lulu Group has again lent a compassionate hand to the people of Gaza with much needed aid and relief materials. The second batch of aid, consisting of 50 tons of food products, hygiene products and other essentials were handed over to the Egypt Red Crescent authorities in Cairo on Monday.The relief materials were received by Dr. Rami El-Nasser, Chief Executive Officer of the Egypt Red Crescent from Lulu Egypt Marketing Manager Hatim Said along with Juzer Rupawala, Lulu Egypt & Bahrain Director, Huzefa Qureshi, Regional Director and other officials.Red Crescent aims to deliver the relief materials to the people of Gaza at the earliest, said Dr. Rami El-Nasser. He welcomed Lulu’s helping hand and expressed gratitude to Yusuff Ali MA and the Lulu Group for the continued...
February 07, 2024

UAE’s Lulu Group continues sending relief aid to Gaza

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