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Over 6,500 trade visitors, including consultants, contractors, architects, interior designers, engineers and other C-level industry professionals, visit the three-day event
‘Stone & Surface Saudi’ show pulls enthusiasts
JEDDAH — The third edition of Stone & Surface Saudi Arabia was opened Sunday by Bader Al Hokair, Deputy CEO Western Region, Al Hokair Group, with thousands of construction industry professionals in attendance at the trade show taking place at the Jeddah Centre for Forums and Events.Like in the first two editions, Stone & Surface Saudi Arabia has attracted a large number of professionals in the construction industry, to view cost effective products and solutions for people working on construction, commercial design, remodeling, refurbishment and other relatedprojects.The construction sector in Saudi Arabia is expected to significantly contribute in driving the economy in lines of the Kingdom’s Vision 2030, and through this diversification the Kingdom is set to create job opportunities...
April 22, 2019

‘Stone & Surface Saudi’ show pulls enthusiasts

MENA software spend tops $6 billion
DUBAI — The digital transformation of the Middle East and North Africa (MENA)’s small- and medium-sized enterprises and Smart Cities is driving regional software spend to top USD 6 billion, industry experts announced today.The MENA region is a fast-growth market for digital transformation, as organizations look to gain greater business agility, better understand customer needs and trends, and scale up on emerging technology innovations. In particular, software spend is the fastest growing technology sector in the MENA region, increasing by 11 percent year-on-year to a record-high of $6.2 billion in 2018, according to Gartner.In anticipation of digital business growth, global technology company SAP, which has 12 MENA offices, is advancing its senior leadership to support digital...
April 22, 2019

MENA software spend tops $6 billion




Jamil Ahmad
IoT can help shift high street retail into digital future in Saudi Arabia
RIYADH — Retail sales in Saudi Arabia is booming. According to Euromonitor International’s report at the end of last year, the retail industry in Saudi Arabia is worth $106 billion and is forecast to steadily rise to $119 billion by 2023. Customers are getting smarter about their shopping choices and their expectations of the retail experience are accelerating quickly. Non-store retailing, which includes online shopping, direct selling, mobile internet, social media and home shopping, was expected by the report to grow by 93% from 2018 to 2023, meaning high streets are taking the hit, and it’s going to take something special to get shoppers back into stores.Jamil Ahmad, Country Manager – KSA at Aruba, a Hewlett Packard Enterprise company, said technology can certainly help in...
April 22, 2019

IoT can help shift high street retail into digital future in Saudi Arabia

Tadawul to participate in financial conference
RIYADH — The Saudi Stock Exchange (Tadawul) announced its participation in the Financial Sector Conference (FSC) to be held in Riyadh on April 24-25, 2019 under the auspices of the Financial Sector Development Program (FSDP).Ms. Sarah Al-Suhaimi, Tadawul›s Chairperson, will participate in a panel discussion on “Moving Saudi Markets to the Next Level: A Matter of Trust” and Eng. Khalid Al Hussan will participate in a panel discussion on “Optimizing the Kingdom’s Capital Market Potential through Infrastructure Development & Product Diversification.”Tadawul participation will include several activities at the accompanying FSC Exhibition, where it will conduct workshops for the public on «Invest Wisely» program that will introduce the basics of investments and financial...
April 22, 2019

Tadawul to participate in financial conference

China monetary policy should be neither too tight nor too loose
BEIJING — China should fine-tune monetary policy in a pre-emptive way based on economic growth and price changes, the official Xinhua News Agency said on Monday, citing a top-level meeting chaired by President Xi Jinping.“Monetary policy needs to be neither too tight, nor too loose and should be fine-tuned in a timely and pre-emptive way based on economic growth and changes in price situations,” Xinhua quoted the Central Financial and Economic Affairs Commission as saying.The report was the fourth from a top-ranking policymaking body in China in less than two weeks, and comes as financial markets debate how much more additional support Beijing will provide to the world’s second-largest economy after surprisingly resilient data released last week.The economy expanded at a steady 6.4...
April 22, 2019

China monetary policy should be neither too tight nor too loose

The Hotel Show also hoststhe 3rd ‘Inter-Hotel Culinary Competition
7th Hotel Show Saudi Arabia in Jeddah draws tremendous interests
JEDDAH — Bader Al Hokair, Deputy CEO Western Region - Al Hokair Group, opened the seventh edition of The Hotel Show Saudi Arabia 2019 on Sunday (April 21) at the Jeddah Centre for Forums and Events with thousands of hospitality industry professionals attending the Kingdom’s premier trade show here.Gary Williams, The Hotel Show Saudi Arabia’s event director, stressed the importance of the event and how it is helping to develop the industry.“With tourists’ arrivals in the Kingdom growing year on year, hoteliers and restaurateurs understand the need to keep investing and researching to keep up with the increased levels of competition and to better serve their clients.”Once again the three-day event, which ends on Tuesday (April 23), has opened with a range of features, CPD...
April 22, 2019

7th Hotel Show Saudi Arabia in Jeddah draws tremendous interests




Najm’s Chief Customer Officer Sattam Alhozami (right) receives the award on behalf of the company
Najm gets ‘Best Call Center in the Middle East Award’
RIYADH — Najm for Insurance Services has celebrated receiving the ‘Best Call Center in the Middle East Award’ within the emergency category, which was announced during the Middle East Call Center Conference and Exhibition conducted in Dubai on April 16-17, 2019.Najm was awarded following a close competition among various regional companies from different sectors, which reiterates Najm’s outstanding efforts in providing quality customer services to support its new corporate strategy launched earlier this year.Commenting on this recognition, Najm’s Chief Customer Officer Sattam Alhozami said the award confirms the development and successes accomplished by Najm, in addition to highlighting its continuous commitment toward achieving further growth and excellence.Najm’s new...
April 22, 2019

Najm gets ‘Best Call Center in the Middle East Award’

Sam Darwish
Zain Saudi Arabia and IHS deal to speed up development of Kingdom’s information tech infrastructure
JEDDAH — IHS Holding Limited (IHS), one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world and leader in EMEA by tower count, said that the recent agreement signed with Mobile Telecommunications Company Saudi Arabia (Zain KSA) will help accelerate the development of the Kingdom’s information technology infrastructure.The agreement comprised the sale and lease back of Zain KSA’s passive physical infrastructure of its mobile tower portfolio to IHS. Zain KSA has approximately 8,100 mobile telecommunication sites located in prime and strategic locations across the Kingdom.In an interview, Sam Darwish, IHS Towers Executive Vice Chairman and Group CEO, said the deal will also expand coverage and capacity to continue...
April 22, 2019

Zain Saudi Arabia and IHS deal to speed up development of Kingdom’s information tech infrastructure

Dollar firm in thin trade, oil prices up
TOKYO — The dollar edged up against key peers such as the euro and the yen on Monday, boosted by the relative strength of the US economy, while losing ground against the Canadian dollar following a rise in crude oil prices.Financial markets in Australia, Hong Kong and many major countries in Europe are closed on Monday for the Easter holiday. Currency trading continues globally but volume is expected to be light.The dollar was lacklustre against the loonie as crude oil prices rose more than 2 percent following a Washington Post report the United States is likely to ask all importers of Iranian oil to end their purchases or will be subject to US sanctions.The greenback has found support in recent weeks on the back of a gradual rise in US 10-year Treasury yields and signs of strength in...
April 22, 2019

Dollar firm in thin trade, oil prices up

HR Tech MENA Summit focuses on transformation
DUBAI — Workplace technology is in an era of such rapid change that it’s more important than ever for organizations to adopt digital mindset and be future ready. In line with the current trends that will rule the world of work and keeping in mind the Middle East’s hunger for innovation, the HR Tech MENA Summit in its fifth year is all set to unlock the full potential of HR technology and how organizations can make this technology shift seamless. A by invite only event, the Summit is scheduled to take place on April 24- 25 in Dubai and is supported by Oracle and SAP as Platinum Sponsors and MetLife as the Employee Experience & Wellbeing Stream Key Sponsor.Dr. Shawn DuBravac, internationally renowned futurist and top 40 under 40 leaders to watch out for, will open the event by sharing...
April 22, 2019

HR Tech MENA Summit focuses on transformation

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