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Surface Go
Microsoft’s ‘hyper-portable, ultra-affordable’ Surface Go now available in Saudi Arabia
MICROSOFT on Wednesday announced the general availability of the Surface Go – the smallest, lightest, most affordable Surface device to date – in Saudi Arabia.Weighing only 1.15 pounds and carrying a vibrant 10-inch display, the Surface Go delivers the versatility and portability of a tablet together with the performance of a laptop, all in a single, compact device. It empowers people to stay connected, pursue their passions and tackle their side projects, without compromising on the performance or quality.The Surface Go is a new entry point for users – a productivity powerhouse, driven by the might of a 7th-generation Intel Pentium Gold Processor 4415Y, in a fan-less design, and capable of delivering up to nine hours of battery life. For the family at home or on the move; the expert...
November 14, 2018

Microsoft’s ‘hyper-portable, ultra-affordable’ Surface Go now available in Saudi Arabia

Tony Douglas, Group Chief Executive Officer of Etihad Aviation Group, and  Krešimir Kučko, Chief Executive Officer of Gulf Air, sign the MoU
Gulf Air and Etihad Airways explore greater cooperation
GULF Air, the national carrier of the Kingdom of Bahrain, and Etihad Airways, the national airline of the United Arab Emirates, are set to explore deeper cooperation following the signing of a Memorandum of Understanding (MOU) at the Bahrain International Airshow.The wide-ranging MOU covers scope to introduce joint codeshare operations between Abu Dhabi and Manama, as well as on the global flight networks beyond the two carriers’ GCC hubs. The MOU also contains plans for greater commercial cooperation in the fields of cargo, engineering, guest experience and the optimisation of pilot training facilities.The MOU was signed on the first day of the Bahrain International Airshow, currently taking place at the Sakhir Airbase, by Tony Douglas, Group Chief Executive Officer of Etihad Aviation...
November 14, 2018

Gulf Air and Etihad Airways explore greater cooperation

iPhady launches 5 th ‘White Friday’ Sale
iPhady, one of Saudi Arabia’s leading e-commerce sites and subsidiary of Al Falak Electronic Equipment & Supplies Co, has announced the fifth edition of its promotion, the “White Friday” Sale, which will be held for seven days — starting from midnight of November 20 until midnight of Nov. 27, 2018. The e-store, which is available through www.iphady.com, will provide attractive offers on smart devices and electronics, including devices such as Microsoft Surface, Surface Pro, Surface Laptop, Surface Book, Surface Go, screens, mobile phone accessories and other lifestyle products, which gives customers a variety of products and options at discounted prices.The promotion comes as Saudi Arabia’s e-commerce market is expected to grow to $10.864 million by 2020 and as part of the...
November 14, 2018

iPhady launches 5 th ‘White Friday’ Sale

Ibrahim Al Mahboub, Acting CEO of Najm for Insurance Services, and Major General Dr. Hamoud Al Faraj, Assistant General Director of the Civil Defense, sign the agreement
Najm and Civil Defense in deal over vehicle damages caused by calamities
NAJM for Insurance Services announced signing a memorandum of understanding with the General Directorate of Civil Defense for inspecting vehicle damages resulting from natural disasters. The agreement was signed last Nov. 12 at the General Directorate of Civil Defense headquarters in Riyadh, and was represented by Ibrahim Al Mahboub, Acting CEO of Najm for Insurance Services, and Major General Dr. Hamoud Al Faraj, Assistant General Director of the Civil Defense. Natural disasters such as flood or heavy winds can cause serious damages to the vehicles and under this agreement, a specialized surveyor from Najm will inspect vehicle damages resulting from natural disasters, only in the cities where the company operates. Whereas vehicle damages caused by natural disasters which result in injury...
November 14, 2018

Najm and Civil Defense in deal over vehicle damages caused by calamities

Montblanc opens boutique at Red Sea Mall
MONTBLANC continues to expand its presence in the Kingdom of Saudi Arabia, celebrating the official opening of its latest boutique together with its longstanding partner Al Hussaini Group. Located in Jeddah’s leading retail location, the Red Sea Mall boutique is the first in the Kingdom to unveil the Maison’s new retail design concept currently being rolled out around the world. The inauguration of the new boutique by Sheikh Mohammed Al Hussaini, CEO of Al Hussaini Group, and Franck Juhel, President of Montblanc Middle East, India and Africa took place during an exclusive reception for VIP customers, media and friends of the Maison.Designed by French designer and interiors architect Noé Duchaufour-Lawrance, the boutique concept narrates Montblanc’s long-standing passion for...
November 14, 2018

Montblanc opens boutique at Red Sea Mall

Youth around world cautiously optimistic about future: Study
RIYADH — New research published by the Misk Foundation has found that, while youth around the world are optimistic about the future, almost half (45%) of those interested in starting their own venture have not done so because they do not have the necessary support. Yo ung people are also concerned about a lack of suitable education and on-the-job training. These are among the main findings of the first Global Youth Index, which was developed by the Economist Intelligence Unit with the support of the Misk Foundation. The index is a tool for understanding ways of empowering young people to become active participants in the knowledge economy.The Global Youth Index (GYI) analyzes the extent to which young people in 25 countries areprepared for the future, based on five domains: education and...
November 14, 2018

Youth around world cautiously optimistic about future: Study

German economy contracts in Q3 on weak foreign trade
BERLIN — Germany’s economy contracted for the first time since 2015 in the third quarter as global trade disputes and problems in the auto industry put the traditional growth engine of exports into reverse, raising concerns that a long expansion is faltering.Gross domestic product (GDP) in Europe’s biggest economy fell 0.2 percent quarter-on-quarter, the Federal Statistics Office said on Wednesday.But the economy Ministry said the upswing would resume in the fourth quarter, adding that the slowdown between July and September had been a temporary phenomenon as car companies struggled to adjust to new pollution standards known as WLTP.“A 0.2 percent contraction isn’t a catastrophe,” economy Minister Peter Altmaier said in Berlin.Compared with the same quarter of the previous...
November 14, 2018

German economy contracts in Q3 on weak foreign trade

IMF not changing Saudi recovery forecasts
Dubai — The International Monetary Fund (IMF) is not changing its forecasts for a recovery in Saudi Arabia’s economy in response to the death of Jamal Khashoggi, a senior IMF official said.Asked whether the IMF felt a need to re-examine its expectations for the economy because of the Khashoggi affair, Jihad Azour, director of the Middle East and Central Asia department at the Fund, said it did not.“What would have an impact is how oil prices will have moved going forward, and a certain number of other indicators like the pace of fiscal adjustment and the reforms that Saudi authorities will implement going forward,” he told Reuters this week.“The prospect for the Saudi economy for the next year is showing continuous growth, led by the increasing oil price as well as the increase...
November 13, 2018

IMF not changing Saudi recovery forecasts

The Custodian of the Two Holy Mosques King Salman presents the prestigious King Khalid Responsible Competitiveness Award to President of Huawei Middle East Charles Yang
King Khalid Responsible Competitiveness Award conferred on Huawei
RIYADH — King Khalid Responsible Competitiveness (RC) Award has honored Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, with the first place prize of the prestigious King Khalid Responsible Competitiveness Award. This announcement was made during the illustrious annual Award Gala which took last Monday at Al Faisaliah Hotel in Riyadh. During the event, the Custodian of the Two Holy Mosques King Salman recognized Huawei for its excellent sustainability practices and responsible competitiveness leadership, as well as its exceptional management capabilities and innovative social and environmental initiatives. Launched in 2008, the King Khalid Responsible Competitiveness Award is the first and only award focused on...
November 13, 2018

King Khalid Responsible Competitiveness Award conferred on Huawei

Saudi Re’s net profit before Zakat surges 16% in 9 months ’18
RIYADH — Saudi Reinsurance Company (Saudi Re) recorded a net profit before Zakat of SR24.1 million in the nine-month period ending Sept.30, 2018, an increase of 16 percent over the same period last year. Total comprehensive income grew by 26 percent over the same period last year, as the nine month positive results were supported by a strong performance in the Q3 2018. Saudi Re recorded a net profit before Zakat of SR10 million in Q3 2018 compared to a net loss of SR270 thousands in Q3 2017. Net claims declined by 16 percent in Q3 2018, which had a positive impact on the underwriting results. Fahad Al-Hesni, Managing Director and Chief Executive Officer of Saudi Reinsurance Company, said: “The positive nine-month results reflect an improvement in the overall performance of Saudi Re...
November 13, 2018

Saudi Re’s net profit before Zakat surges 16% in 9 months ’18

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