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5881 - 5890 from 16533 . In "BUSINESS"
Students keen on cybersecurity ideas urged to take part in Secur’IT Cup 2019
JEDDAH — Kaspersky is calling for young talent to take part in Secur’IT Cup 2019 – an international competition for ambitious students to work on fresh cybersecurity ideas which will help create a safer future.All modern world developments are driven by technology. Older, established industries are changing rapidly as a result, with new ones gaining momentum. However, one downside of a reliance on advanced and innovative technologies is that they are highly vulnerable to cyberthreats. As solutions become more developed, the greater the demand becomes for the next generation of cybersecurity support.That’s why Kaspersky is driving educational initiatives to encourage young people to enter the cybersecurity industry. The Secur’IT Cup’19 competition gives young enthusiasts the...
September 30, 2019

Students keen on cybersecurity ideas urged to take part in Secur’IT Cup 2019

SAUDIA  welcomes its first Boeing 787-10 Dreamliner
SAUDIA receives its first Boeing 787-10 Dreamliner
JEDDAH – Saudi Arabian Airlines (SAUDIA), the national flag carrier of the Kingdom of Saudi Arabia, at a special ceremony at the new Terminal 1 of Jeddah’s King Abdulaziz International Airport on Monday, welcomed its first 787-10 Dreamliner, which will play a key role in the airline’s fleet and network expansion.The largest member of the Dreamliner family sets the benchmark for fuel efficiency and operating economics and will complement SAUDIA’s existing fleet of 13 Boeing 787-9s.“SAUDIA operates a state-of-the-art fleet equipped with the latest technology, and in addition to the airline’s existing Boeing 787-9 Dreamliners, is now adding the 787-10 variant which will further support future network growth plans,” said Director General Saudi Arabian Airlines, His Excellency...
September 30, 2019

SAUDIA receives its first Boeing 787-10 Dreamliner

Majid Saad Alarifi
Upcoming GITEX Tech Week to showcase latest innovative digital systems
DUBAI — GITEX Technology Week 2019 will be held on Oct. 6-10 at Dubai World Trade Center. Elm, the leading digital solution provider, will showcase its latest digital systems that reflect its adoption of the Data Revolution concept during its participation at the technology week.Participating for the 10th consecutive year in GITEX Technology Week, Elm will present its new integrated systems, including Elm Analytics Platform; Elm Health Information System; IoT Telemedicine Platform; “Seraj” Smart Consulting Integrated System for Intelligent PMO and the Integrated Transport System.Elm's participation in the 39th edition of the region's premier ICT event is characterized by “Passion for Innovation” which comes in line with Elm’s vision in business.Elm has achieved a lot of...
September 30, 2019

Upcoming GITEX Tech Week to showcase latest innovative digital systems

‘Sakni’ & ‘military's mortgages’ raise mortgage contracts to 157% last July: Jadwa
JEDDAH — A recent report by Jadwa Investment Company says that the continuity of implementation of the Kingdom's Vision 2030 objectives by the Ministry of Housing in Saudi Arabia increased the residential mortgage by 157% to exceed SR35 billion. Villa loans accounted for 79% of the total value, according to the report.The report pointed out that there are two main reasons for this remarkable rise. The first is about 30,000 of military members granted subsidized loans without interest during the first half of 2019, which is about 50% of the total mortgages. The other is announcement of "Sakni" to provide 200,000 units for citizens during 2019, include providing 100,000 subsidized loans.The report emphasis that the goal of increasing the level of real estate loans is to raise...
September 30, 2019

‘Sakni’ & ‘military's mortgages’ raise mortgage contracts to 157% last July: Jadwa

MENA hotels profit-losing streak continues
JEDDAH — August marked the 12th consecutive month of profit decline at hotels in the Middle East and North Africa, as profit per room fell by 7.0% year-over-year to $58.06. This is in stark contrast to the last time the region saw positive profit growth, when in August 2018 GOPPAR was up 24.8% over the same time the prior year.As in times before, decline in profit was led by a drop in RevPAR, which fell by 4.2% YOY to $107.26. This was impacted by a 4.4% drop in average room rate to $161.10. Occupancy increased by a marginal 0.2 percentage points to 66.6%.Typical of August, the market mix was dominated by the leisure segment, which accounted for 48.4% of total roomnights sold.This was in contrast to volume in the commercial segment, which comprised just 24.9% of all roomnights sold, down...
September 29, 2019

MENA hotels profit-losing streak continues

The awardees
Regional investor relations professionals recognized
DUBAI — Regionally listed companies and industry professionals with exceptional performance in Investor Relations (IR) during the last year were recognized at the recently held 11th Middle East Investor Relations Association (MEIRA) Awards ceremony.The ceremony followed the MEIRA Annual Conference, the region’s largest event dedicated to investor relations. The Awards Ceremony was a much-awaited highlight which attracted over 120 top-tier industry professionals, regulators and stock exchanges as well as representatives of MEIRA’s member companies. The event recognized the achievements of winners in three main categories including the best IR teams, annual reports and IR websites in the Middle East.For the first time in 2019, the best IR website was selected through a judging process...
September 29, 2019

Regional investor relations professionals recognized

SME Gulf Capital Award winners
UAE SME businesses recognized for contribution to market growth
DUBAI – Gulf Capital has unveiled the winners of the 8th Gulf Capital SME Awards 2019 at a gala dinner hosted at The Ritz-Carlton, DIFC. 17 SMEs across the technology, F&B and healthcare sectors were recognized for implementing innovative techniques and strategies that lead to business growth and rapid expansion.The UAE continues to be the preferred location for SMEs to flourish as the number of new companies entering the market has increased by 30% in the last decade, according to a recent report by Diligencia, Gulf Capital and MEED. The number of new companies in the technology sector has increased dramatically over the last five years from 11% of new SMEs in the UAE during 2015 to 47% during 2018,* testament to the commitment local organizations have to be at the forefront of...
September 29, 2019

UAE SME businesses recognized for contribution to market growth

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IATA launches gender diversity campaign
MONTREAL — The International Air Transport Association (IATA) last Thursday launched the 25by2025Campaign — an airline industry initiative to advance gender diversity in the airline industry by 2025.The 25by2025 Campaign is a voluntary commitment by participating IATA member airlines. Key among the commitments of airlines participating in the 25by2025 Campaign are:• Increasing the number of women in senior positions (to be defined by the member airlines) by either 25% against currently reported metrics or to minimum representation of 25% by 2025• Increasing the number of women in under-represented jobs (e.g. pilots and operations) by either 25% against currently reported metrics or to a minimum representation of 25% by 2025• Reporting annually on key diversity...
September 29, 2019

IATA launches gender diversity campaign

flydubai inaugural flight to Moscow
flydubai marks five years of operations to Moscow
MOSCOW — Dubai-based flydubai is marking the fifth anniversary of its first flight to Moscow’s Vnukovo Airport (VKO). In the last five years, more than 450,000 passengers have flown with flydubai on this route.The airline expanded its service to the capital of Russia following four years of operations to several other Russian destinations. Russia has been a key market on the flydubai network, and the airline has been flying to Russia since November 2010 when it launched flights to Ekaterinburg and Samara. Since then flydubai has created a network of nine destinations across Russia.Jeyhun Efendi, Senior Vice President, Commercial Operations and E-commerce at flydubai, said: “I would like to thank our passengers for being an important part of our journey. Today, passengers from Russia...
September 29, 2019

flydubai marks five years of operations to Moscow

Mate30 Pro gets highest score in smartphone photography
RIYADH — Huawei has received the highest rating from DxOMark for the Huawei Mate30 Pro’s industry-leading camera system. The Mate30 Pro’s SuperSensing Cine Camera received an overall score of 121, four points higher than the second-highest score of 117, as well as the highest photo score of 131. Both accolades recognize the Huawei Mate30 Pro as the new king of smartphone photography, raising the bar for competitors.DxOMark, the photographic ranking system which thoroughly evaluates the image quality of smartphone cameras, has announced that the Huawei Mate30 Pro’s integrated quad-camera system, including the innovative SuperSensing Camera and Cine Camera, ranks number one in overall DxOMark camera score. By achieving the number one status, Huawei’s latest flagship device...
September 29, 2019

Mate30 Pro gets highest score in smartphone photography

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