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501 - 510 from 16532 . In "BUSINESS"
Foldable or regular? This year is the perfect year to make the upgrade
As we start 2024, major tech brands are making a powerful entrance with groundbreaking devices set to reshape the smartphone landscape. Whether you're in search of a foldable phone or a regular one, this year promises significant product releases that are transforming the industry.From one side, HONOR is gearing up to unveil the thinnest and lightest foldable HONOR Magic V2, featuring groundbreaking capabilities, smart features, huge battery and powerful performance. Meanwhile, Samsung has introduced the Galaxy S24 Series, and the key to its features is the integration of "AI."HONOR Magic V2 Dominates the Foldable Market Unlike what people thought about foldables being bulky, fragile and comes with small battery capacity, HONOR changed that perception with the introduction of...
January 21, 2024

Foldable or regular? This year is the perfect year to make the upgrade

IMC obtains certificate for CIMS for second time
For the second time, the International Medical Center (IMC) in Jeddah basks in the distinguished glow of the CIMS certificate, reaffirming its mastery of cleaning industry management standards with top honors from ISSA, the global hygiene powerhouse. As the first hospital in Saudi Arabia to have received this certificate, IMC shines as a beacon of unwavering commitment to immaculate cleanliness, earning international recognition that underscores its profound dedication to patient well-being and safety.This renewed CIMS certification elevates IMC to new heights of global repute, further enriching its prestigious collection of international and local accolades. It stands as a resounding testament to the flawless quality meticulously woven into every aspect of the patient experience, from the...
January 21, 2024

IMC obtains certificate for CIMS for second time

Addleshaw Goddard.
Addleshaw Goddard secures foreign law firm license to operate in Saudi Arabia
RIYADH — Addleshaw Goddard has obtained a Foreign Law Firm License from the Saudi Ministry of Justice, following its 2023 announcement to establish an office in Riyadh. This new office joins the firm's existing Middle Eastern locations in Dubai, Qatar, and Oman.On Jan. 17, 2024, in Riyadh, the firm celebrated its launch at a prestigious event attended by over 300 clients and contacts in the historic district of At-Turaif, a UNESCO World Heritage site. The Riyadh office is now fully operational with a strong team of five esteemed partners.The team includes Christian Both, a recent arrival from Clifford Chance, and three KSA-based lateral hires: Ibrahim Siddiki, previously leading the KSA corporate M&A practice at Bracewell in Dubai; Homam Khoshaim, an M&A specialist formerly with...
January 18, 2024

Addleshaw Goddard secures foreign law firm license to operate in Saudi Arabia

stc recognized in top 150 most valuable brands in the world and the most valuable telecom brand in the Middle East
stc Group, an engine of digital transformation, has been acknowledged as the most valuable telecom brand in the Middle East for the fourth year in a row and in the top 10 strongest telecom brands in the Middle East, according to a landmark report from BrandFinance. The group is also the strongest brand in Saudi Arabia.Every year, Brand Finance tests 5,000 of the world’s biggest brands, and publishes over 100 reports, ranking brands across all sectors and countries. The world’s top 500 most valuable and strongest global brands are included in the annual Brand Finance Global 500 2024 ranking.The report states that stc has shown impressive growth with its brand value increasing by 12% to USD13.9 billion. Being recognized as the 149th most valuable brand, in the Global 500 ranking makes...
January 18, 2024

stc recognized in top 150 most valuable brands in the world and the most valuable telecom brand in the Middle East

Impressive wins at Riyadh Golf Club En Route to the iconic US Masters Major
Riyadh Golf Club in Saudi Arabia was center stage last weekend, as the 2023-2024 Race to Georgia Amateur Golf Series (powered by Reza Hygiene) kicked off its KSA return with an impressive lineup of 85 golfers producing some spectacular winning scores. Despite having a bogey on the front nine, Division A winner Ben Dawson fought back with 3 birdies for a back nine score of 33 for a spectacular gross 69. In the junior division, lady golfer Joeun Kim scored an impressive gross 70, which included an eagle 2 on the 7th hole.Six qualifier positions were up for grabs to reach the regional final on March 9th in Riyadh, for the ultimate prize of a 1-week trip to the world final in Georgia, USA in April 2024, which includes a bucket list 2-day visit to the iconic Masters golf major at Augusta...
January 18, 2024

Impressive wins at Riyadh Golf Club En Route to the iconic US Masters Major

The ruling affects two smart watch models
US upholds ban on Apple watch sale over patent dispute
AUSTIN — Apple has once again been banned from selling two smartwatch models in the US, while a legal battle continues over a patent dispute.The tech giant was earlier allowed to sell its Series 9 and Ultra 2 watches while proceedings were ongoing — but a US appeals court has since reversed that decision.Imports of watches are also affected.On Thursday, Apple said it will release watches without the disputed blood oxygen feature to keep them on shelves.It is the latest turn in a dispute between the firm and medical technology company Masimo.Masimo and spin-off Cercacor have accused the iPhone maker of poaching key staff and taking other steps to steal technology it developed to measure oxygen levels in the blood.In October, the US International Trade Commission said it agreed that...
January 18, 2024

US upholds ban on Apple watch sale over patent dispute

OMODA hits record high in sales in 2023 with 13,677 vehicles sold in December
OMODA hits record high in sales in 2023 with 13,677 vehicles sold in December
2023 was an extraordinary year for OMODA, marked by the sensational debut of the OMODA E5 at the global brand launch event in April, followed by the boundary-pushing expansion showcased at the user conference in October, and capped off with a multitude of global accolades at the end of the year.During the year, OMODA's new energy layout accelerated with the launch of its first pure electric model E5, completing the diversified product matrix, building a user ecosystem that highlights "more than cars," and venturing into new frontiers with its global presence.With a firm strategic approach, OMODA excelled in the intensely competitive automotive market, achieving an impressive milestone of over 147,000 vehicles in cumulative export sales throughout 2023.In the last month of...
January 15, 2024

OMODA hits record high in sales in 2023 with 13,677 vehicles sold in December

A graffiti reads 'Tax the richs' onto the facade of the national French Bank during a demonstration Thursday, April 13, 2023 in Paris
World’s five richest men double their fortunes as poorest 60 percent lose money, Oxfam says
DAVOS — The world’s five richest men have more than doubled their fortunes since 2020, while the poorest 60 per cent have lost money, according to an Oxfam report released on Monday in Davos, Switzerland, where the annual World Economic Forum (WEF) is being held.According to data from research company Wealth X, the combined wealth of Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison and Mark Zuckerberg – the five richest men in the world - has increased by €423.8 billion ($464 billion), or 114 per cent since 2020.Within the same timeframe, the world’s poorest 4.77 billion people have lost 0.2 per cent in real terms of their wealth.That means that while the world’s billionaires were €3 trillion ($3.3 trillion) richer in 2023 than in 2020 - with their wealth growing three...
January 15, 2024

World’s five richest men double their fortunes as poorest 60 percent lose money, Oxfam says

Computer programmer wearing glasses looking at codes.
AI to hit 40% of jobs and worsen inequality, IMF says
NEW YORK — Artificial intelligence is set to affect nearly 40% of all jobs, according to a new analysis by the International Monetary Fund (IMF).IMF's managing director Kristalina Georgieva says "in most scenarios, AI will likely worsen overall inequality".Ms Georgieva adds that policymakers should address the "troubling trend" to "prevent the technology from further stoking social tensions".The proliferation of AI has put its benefits and risks under the spotlight.The IMF said AI is likely to affect a greater proportion of jobs, put at around 60%, in advanced economies. In half of these instances, workers can expect to benefit from the integration of AI, which will enhance their productivity.In other instances, AI will have the ability to perform key...
January 15, 2024

AI to hit 40% of jobs and worsen inequality, IMF says

KPMG: Smart-X tech holds immense potential yet security concerns persist
The landscape of interconnected smart devices, dubbed as Smart-X technologies, is promising and continuously evolving, offering vast potential for unlocking new functionalities across various industries, KPMG Professional Services said in its latest cybersecurity publication. That said, there are security concerns to be aware of.“The future of Smart-X security holds immense potential, with an anticipated surge in demand driven by key sectors that rely on data-intensive operations and prioritize stringent security measures,” said Ton Diemont, Partner and Head of Cybersecurity and Data Privacy at KPMG in Saudi Arabia.“Industries, such as energy, automotive, government, and healthcare, are poised to lead this growth,” he added. “As the need for secure and interconnected solutions...
January 14, 2024

KPMG: Smart-X tech holds immense potential yet security concerns persist

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