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7801 - 7810 from 16560 . In "BUSINESS"
Saudi Exim Bank launch slated in Q4 2019
AL-KHOBAR – Saudi Minister of Energy, Industry and Mineral Resources Khalid Al-Falih announced on Sunday that the Saudi export and import bank (Exim) will be launched in the fourth quarter of 2019. He said the bank will include many products that serve international exporters and buyers to meet all their financing needs and will be open to international markets.The minister made the remarks while attending a function of exchanging exports financing initiatives of companies, which are beneficiaries of the Export Financing Initiative, organized by the Saudi Exports Development Authority (Saudi Exports).Deputy Minister of Energy, Industry and Mineral Resources Abdul Aziz Al-Abdul Karim and Secretary General of the Saudi Exports Saleh Al-Salami attended the ceremony.The initiative is a...
March 31, 2019

Saudi Exim Bank launch slated in Q4 2019





Emotional moment at the AliExpress pop-up store
AliExpress brings clients closer to their families
A very heartwarming incident took place on March 30 at the main entrance of Riyadh Park illustrating how tech-products and e-commerce can connect generations with each other. These is a video post released by AliExpress that demonstrates the emotional occurrence transpired at the AliExpress pop-up store open for the weekend at Riyadh Park.The video showcases a boy who wants to give his grandmother a surprise gift to celebrate her birthday. The boy brings his grandmother to the shop and offers to buy multiple gifts for her birthday. The grandmother seems disinterested at the beginning, until her grandson connects a Bluetooth speaker to his phone and plays a voice note of her late husband singing a love song. The grandmother was impressed and had a very emotional moment at the same time and...
March 31, 2019

AliExpress brings clients closer to their families

David Dew
SABB wins ‘Saudi Arabia’s Best Bank for Asia’ Award
THE Saudi British Bank (SABB) has been named “Saudi Arabia’s Best Bank for Asia” 2019 by Asiamoney magazine. It is the second consecutive year that SABB has won this award.SABB was granted this award following a rigorous evaluation process measuring the quality of banking services provided to Middle Eastern customers doing business in Asia, as well as Asian customers doing business in the Middle East.David Dew, Managing Director at SABB, said: “We are proud of this award which recognizes SABB’s unique ability to connect Asia and the Middle East. As the Leading International Bank in Saudi Arabia, SABB is a crucial partner to Saudi businesses as they expand and grow in the world’s fastest-growing economies.”SABB, which is currently undergoing a merger with Alawwal bank, is one...
March 31, 2019

SABB wins ‘Saudi Arabia’s Best Bank for Asia’ Award





Said Ziyad Al-Twaijri and  Mohammed Ali
Nayyara Banqueting gets HACCP safety certificate
NA YYARA recently received the international food quality and safety certificate HACCP (Hazard Analysis and Critical Control Points) from the Crystal International Company for the year 2019.Nayyara has contracted with Crystal International Company - a company specialized in food quality and safety - to check on monthly basis all the manufacturing stages starting from vendors, raw material receiving, warehouse storing and food processing till the final stage of high-end service provided to its customers.Crystal International Company reviews and audit digitally all stages of food processing, and after which includes nearly 250 points are controlled to provide healthy food for customers.After a rigorous digital inspection process of all stages of food processing for more than 250 inspection...
March 31, 2019

Nayyara Banqueting gets HACCP safety certificate

TPM unveils new range of Vidimed & Giuliani health and cosmetic products
THE Principals MENA (TPM), a fast-growing brand marketing company in the Middle East and North Africa (MENA), recently launched its latest range of best-in-class health, skin and hair care products from a network of leading international partners, at a special launching event held at V Hotel, The Palm. The launching was part of the company›s continuing efforts to bring high-quality and carefully-chosen consumer healthcare and wellness products to the region. The event also marks the regional entry of Vidimed and Giuliani--European brands exclusive to TPM.Headquartered in Dubai, TPM is one of the leading companies in MENA providing baby healthcare, consumer, pharmaceutical and sports nutrition products, trusted by global companies in the healthcare and pharmaceuticals sector for its...
March 31, 2019

TPM unveils new range of Vidimed & Giuliani health and cosmetic products

S&P affirms Saudi ratings at ‘A-/A-2’ with stable outlook
Riyadh — Standard & Poor’s Global Ratings has affirmed Saudi Arabia’s credit ratings at “A-/A-2” with a stable outlook.The stable outlook is based on expectations that the Kingdom will maintain moderate economic growth in the next two years, the agency said in a statement.It said it expected Saudi Arabia to cut its budgeted expenditures to meet its target of a balanced budget by 2023, setting an ambitious strategy to reduce the economy's dependence on oil and foreign labor. — Agencies
March 30, 2019

S&P affirms Saudi ratings at ‘A-/A-2’ with stable outlook

B777X lr
Saudi Arabia hosting Global Aviation Summit 2019
RIYADH — Boeing Saudi Arabia is a sponsor of the 2019 Global Aviation Summit that is being held under the patronage of the Custodian of the Two Holy Mosques King Salman Bin Abdulaziz Al-Saud and organized by the General Authority of Civil Aviation (GACA). The Summit will be held April 1 and 2.Boeing’s sponsorship is an affirmation of the company’s long-term partnership with the Kingdom, and underscores its commitment to Saudi Arabia’s Vision 2030 that supports a range of programs and the local industry.“The aviation industry in Saudi Arabia has recorded remarkable growth and the Summit is a key platform to sustain and continue building dialogue between the government and private sector,” said Ahmed Jazzar, president, Boeing Saudi Arabia. “Boeing is very keen to support this...
March 30, 2019

Saudi Arabia hosting Global Aviation Summit 2019

Financial institutions start to reengineer risk management systems
JEDDAH — In a volatile market environment and with the edict to “do more with less,” many financial institutions are beginning efforts to reengineer their risk management programs, according to a new survey by Deloitte Global, with emerging technologies in the driver’s seat.Seventy percent of the financial services executives surveyed said their institutions have either recently completed an update of their risk management program or have one in progress, while an additional 12 percent said they are planning to undertake such a renewal effort. A big part of this revitalization will be leveraging emerging technologies, with 48 percent planning to modernize their risk infrastructure by employing new technologies such as robotic process automation (RPA), cognitive analytics, and cloud...
March 30, 2019

Financial institutions start to reengineer risk management systems

readiness
Businesses in Middle East not future-workforce-ready
JEDDAH — Business leaders across the region, by their own admission, are not doing enough to develop future-proof capabilities within their organizations, PwC›s latest report “Middle East Workforce of the Future” revealed.Building on its survey and interviews of HR and business leaders across the region, the report found that those capabilities are centered around three key areas — the future of work; future workers; and unleashing performance. Although respondents in the region were broadly in line with their counterparts around the world when it comes to the importance of key capabilities, the big difference was in how ready Middle Eastern leaders were to deal with them. The lack of preparedness, PwC said, will put businesses at risk in the future when it comes to attracting,...
March 30, 2019

Businesses in Middle East not future-workforce-ready

Ned Baltagi
Cyber security risks need skilled warriors
DUBAI —“In the next few years, approximately 24 billion Internet-connected devices will be installed worldwide. This means that, with the gap for cyber security jobs set to run into several millions, according to reports, we are putting ourselves at risk in new and unprecedented ways,” says Ned Baltagi, Managing Director in the Middle East, SANS Institute.SANS Institute will participate in the Gulf Information Security Expo & Conference (GISEC) at the Dubai World Trade Center on April 1-3, 2019, to urge regional leaders to get tough on tackling the cyber security skills gap. The largest provider of cyber security training and certification worldwide will be showcasing its over 60 immersion-style world-leading training courses aimed at private- and public-sector security...
March 30, 2019

Cyber security risks need skilled warriors

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