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5901 - 5910 from 16533 . In "BUSINESS"
Abdullah Al-Dawood
Seera Group invests over SR1bn in Saudi tourism
RIYADH — Seera Group, the leading travel and tourism company in the Middle East, has announced an investment of over SR1 billion in tourism for the Kingdom covering promotion, distribution, infrastructure and Saudi human capital development.This was announced by Abdullah Al-Dawood, Board Member and Group CEO of Seera Group, at the signing of an agreement with His Excellency Ahmed Al Khateeb, President of the Saudi Commission for Tourism and National Heritage (SCTH) on September 27, 2019 in Riyadh.“Our investment highlights our commitment to build the tourism value chain of the Kingdom, as Saudi Arabia enters a new era of growth,” said Al-Dawood. “In this transformation of the tourism sector, the private sector will play a key role in enabling global visitors to experience the rich...
September 28, 2019

Seera Group invests over SR1bn in Saudi tourism

Konica Minolta ensures business growth for customers
DUBAI — Konica Minolta Business Solutions Middle East, a leader in delivering matchless business transformation solutions and technologies, continues to add more value and offerings to its customers through Prokom, an exclusive community of Konica Minolta production print and industrial print users.Konica Minolta’s invites its customers in the Middle East region to join Prokom, in an order to share ideas through joint discussions, develop and grow efficient digital communication services, as well as become a platform for members to express their voice and cross-pollinate with other Konica Minolta users in the region and globally.Prokom provides opportunities for members to connect learn and grow through e-learning courses, self-help videos, forums, expert content, market research as...
September 28, 2019

Konica Minolta ensures business growth for customers

Tal Nazer
Bupa Arabia joins MCSI EM Index
JEDDAH — Tal Nazer, CEO of Bupa Arabia, announced that the company has recently joined the MSCI Tadawul 30 (MT30) Index, a joint tradeable index launched by the Saudi Stock Exchange (Tadawul) and MSCI to serve as the basis for Exchange-Traded Funds (ETFs). The index is designed to reflect the performance of approximately the 30 largest and most traded stocks listed on the Saudi Stock Exchange (Tadawul).“Bupa Arabia is proud to be part of this historic moment which witnessed the Saudi Stock Exchange joining arms with MSCI Emerging Market Index”, stated Tal Nazer- Bupa Arabia’s CEO. He attributed this economic achievement to the increasing competitiveness of the Saudi stock market and the Kingdom’s ambitious Vision 2030 which established a new phase in the Saudi economic system.He...
September 28, 2019

Bupa Arabia joins MCSI EM Index

‘Foodex Saudi 2019’ to have more participants
JEDDAH — Saudi and international official bodies have started preparing to participate in the largest international food and beverage exhibition in the Kingdom — “Foodex Saudi”. The Exhibition will be held on Nov. 11-14 at the Jeddah Center for Forums and Events, and will be witnessing an exciting competition between local, regional and international corporations to provide the latest innovations in the food industry, amid the keenness of a large number of investors in the world to be in the Saudi market.The Organizing Committee of “Foodex Saudi 2019” has announced a wide participation this year from countries that will be participating for the first time in official wings with the support of their governments, headed by Singapore, India, China and Uzbekistan. On the local...
September 28, 2019

‘Foodex Saudi 2019’ to have more participants

HMP03755
'Saudi Event Show' ends on a high note
RIYADH — With major developments under the Vision 2030 National Transformation Program, the events and entertainment sector in the Kingdom of Saudi Arabia is set to undergo a major expansion in the coming years, according to industry experts who participated in the Saudi Event Show, which concluded on Thursday.The two-day Saudi Event Show, which attracted an attendance of more than 2,000 events and entertainment professionals and 50 innovative exhibitors from across the industry, offered a platform for the attendees to meet and engage with key local and international stakeholders and discuss Kingdom’s prospective opportunities for the industry.The first day of the event hosted several renowned speakers including Mohammed Tayem, CEO entourage marketing & events; Basil Ghannam Al...
September 28, 2019

'Saudi Event Show' ends on a high note

Mohammad Gazzaz
UberTaxi service launched in Saudi Arabia, first in the GCC
RIYADH – Uber Saudi Arabia has launched the UberTaxi service in the Kingdom, offering convenient and seamless taxi rides via the Uber app at the tap of a button. Saudi Arabia is the first market in the GCC region to benefit from the UberTaxi service and the move is testament to Uber’s dedication to the Kingdom in further advancing the mobility system and serving the needs of its cities, taxi companies and riders.Uber aims to enhance mobility options across the Kingdom and contribute towards its growth and modernization through its services, in line with the National Transformation Program, one of which its initiatives is improving the quality of urban transportation services.While Saudi Arabia has one of the largest road networks in the world connecting major cities and providing...
September 28, 2019

UberTaxi service launched in Saudi Arabia, first in the GCC

Börje Ekholm
Ericsson to work hard every day to recover from loss
DUBAI — As previously disclosed, Ericsson (NASDAQ: ERIC) has been cooperating voluntarily since 2013 with an investigation by the United States Securities and Exchange Commission (SEC) and, since 2015, with an investigation by the United States Department of Justice (DOJ) into Ericsson’s compliance with the US Foreign Corrupt Practices Act (FCPA) and the process is still ongoing. The investigation covers a period ending Q1 2017 and revealed breaches of the company’s Code of Business Ethics and the FCPA in six countries: China, Djibouti, Indonesia, Kuwait, Saudi Arabia and Vietnam.The company previously communicated that the resolution of the investigations will result in material financial and other measures. While Ericsson cannot comment in detail on the ongoing process with the US...
September 28, 2019

Ericsson to work hard every day to recover from loss

Infographic - Top MENA Solar Power Projects
Middle East’s solar projects worth $15bn operational in 5 years
DUBAI – A massive $15 billion worth of solar projects are expected to be operational in the next five years in the Middle East and North Africa (MENA).The Middle East Solar Industry Association (MESIA) made the projection ahead of the Solar Asset Management MENA conference, the biggest gathering of solar industry stakeholders which will take place on Nov. 17-18 at the Renaissance Downtown Hotel in Dubai, United Arab Emirates.Currently, the solar power market in MENA is estimated to be worth more than $20 billion, according to MESIA. But further growth is expected as the region sees shrinking cost of solar coupled with a surge in clean energy demand. The MENA region is expected to require 267 GW of additional power generation capacity by the year 2030, representing a jump of 66%, which...
September 28, 2019

Middle East’s solar projects worth $15bn operational in 5 years

Majid Saad Alarifi
Elm to showcase latest Innovative Digital Systems at GITEX 2019
DUBAI — 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 GITEX Technology Week 2019, which will be held on Oct. 6-10 at Dubai World Trade Center.During its participation 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 28, 2019

Elm to showcase latest Innovative Digital Systems at GITEX 2019

From (L) Wolfgang Kutschera, Muhammad Wakil Shahzad, Kurt Altmann and Mansour Ismael.
Winner named in National Energy Globe Award Saudi Arabia
By Samar YahyaRIYADH — National Energy Globe Award Saudi Arabia for the project "Innovative Hybrid Desalination Cycle for Future Sustainability" was awarded to Dr. Muhammad Wakil Shahzad, who was working as research scientist at King Abdullah University of Science and Technology (KAUST).Recently, he joined Northumbria University, Newcastle UK. The awarded technology is considered as a game changer to achieve sustainable water supplies.Speaking to Saudi Gazette, Shahzad said: “This innovative research was done at KAUST. This original idea was started as my PhD project at national university of Singapore in 2011 and the first pilot was installed in 2013. The second and more advance pilot was installed at KAUST when I joined in 2014. The pilot experimentation showed excellent...
September 28, 2019

Winner named in National Energy Globe Award Saudi Arabia

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