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9541 - 9550 from 16533 . In "BUSINESS"
Finablr buys major share in Swych
ABU DHABI — Finablr, a global platform for payments and foreign exchange solutions, has increased its stake in Swych, a digital gifting platform, with a follow-on Series B investment to become a majority shareholder. With further exposure to the fast-growing digital gifting industry, Finablr will leverage its network’s leadership and global presence to bring Swych’s gifting network to a broader international audience. Promoth Manghat, Executive Director and CEO of Finablr, said: “At Finablr, we facilitate access for consumers and businesses to the digital economy. To deliver on that promise, we are constantly looking to innovate and partner with companies providing exceptional products and services. Swych has a distinctive business proposition that complements the services offered...
November 12, 2018

Finablr buys major share in Swych

Dr. Sultan Ahmed Al Jaber
Oil & gas industry a critical enabler of economic growth
ABU DHABI — The global oil and gas will be a critical enabler of economic growth in the 4th Industrial Age, according to Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC). Delivering the opening keynote address on Monday at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), one of the world’s leading oil and gas conferences and exhibitions, Dr. Al Jaber said the world is on the verge of an era of unprecedented prosperity. This will be driven, he said, by rapid advances in technology and a global middle class, which will grow to five billion people by 2030, creating greater demand for energy and products derived from oil and gas.“We are at the cusp of a new age of opportunity for our industry, an era in...
November 12, 2018

Oil & gas industry a critical enabler of economic growth

Uber launches Safety Toolkit for riders, drivers in Kingdom
RIYADH —Uber on Monday announced the new Safety Toolkit which, over the next few weeks, will be rolled out to riders, drivers and couriers using the app across the Kingdom. The toolkit will introduce new innovative features which aim to raise the bar on safety, and increase transparency, accountability and peace of mind for all users.Since launching the app, Uber has provided millions of people with technology that allows them to get a ride at the push of a button, track every trip with GPS technology and report any issues 24/7 with a dedicated safety team. With the introduction of new safety features, the company aims to double down on safety and help make the Uber community safer.Features that will be introduced as part of the new rider and driver safety toolkit, include:Emergency...
November 12, 2018

Uber launches Safety Toolkit for riders, drivers in Kingdom

Abdulla Salem Al Dhaheri (right), Director of Marketing, Sales and Trading at ADNOC; and HPS Ahuja, CEO and MD at ISPRL, sign the MoU on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC)
ADNOC and ISPRL sign MoU to store crude oil at Padur facility in Karnataka
ABU DHABI — The Abu Dhabi National Oil Company (ADNOC) signed Monday a Memorandum of Understanding (MoU) with the Indian Strategic Petroleum Reserves Ltd (ISPRL) to explore the possibility of storing ADNOC crude oil at ISPRL’s underground oil storage facility at Padur in Karnataka, which has a 2.5 million ton (17 million barrels) capacity. Under the MoU, ADNOC could store crude in two compartments at Padur.The MoU with ISPRL, an Indian government-owned company mandated to store crude oil for emergency needs, follows the arrival, on November 4, of the final shipment of the initial delivery of ADNOC crude to be stored in another ISPRL underground facility in Mangalore, also in Karnataka, which will store 5.86 million barrels of ADNOC crude oil.The MoU was signed by Abdulla Salem Al...
November 12, 2018

ADNOC and ISPRL sign MoU to store crude oil at Padur facility in Karnataka

High net worth GCC clients ill prepared for transition of wealth to younger generations
DUBAI – Ninety two percent of respondents to a survey launched at Jersey Finance’s new office in the DIFC Monday said that High Net Worth [HNWI] GCC clients are poorly prepared and inadequately structured for the transition of wealth across generations. It is not surprising therefore, that it is estimated that only 6% of family businesses will make it to the third generation if those current structures are not made more effective and compliant. The study concludes that GCC wealth clients need expert guidance in both structures and products, services and merits of International Finance Centers [IFCs] in order to match the complexity of compliance procedures with enhanced knowledge and attention to detail. With an estimated $1 trillion wealth set to transition between families and...
November 12, 2018

High net worth GCC clients ill prepared for transition of wealth to younger generations

Seeds for the Future ceremony
Huawei’s 4th ‘Seeds for the Future’ program attracts projects
RIYADH — Communications and Information Technology Commission (CITC) is set to collaborate with Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, to launch Huawei’s fourth edition of the global ‘Seeds for the Future’ program. This year the Seeds for the Future program is expected to attract numerous projects from a wide range of universities presented from Riyadh, each with the potential to be selected for incubation. The initiative aims to develop Information and Communication Technology (ICT) talent among Saudi students who will become tomorrow’s leaders. They will also receive focused mentoring from top Huawei executives and a chance to travel to Huawei’s global headquarters in Shenzhen, China, to gain...
November 12, 2018

Huawei’s 4th ‘Seeds for the Future’ program attracts projects

Women In Business
‘Women in Business’ Forum makes headway in identifying gender balance challenges
DUBAI —The third edition of CBRE’s ‘Women in Business’ has taken place at the Renaissance Hotel, Downtown Dubai. The event welcomed more than 70 female business leaders from across the UAE to discuss the key challenges that still face women in the workplace and how best to ensure the professional development of females, particularly in male dominated industries. Key themes explored during the panel discussions included the barriers that contribute to the ‘glass ceiling’ effect for women, including sector specific challenges, how women can support younger female employees, the role that men must play in the advancement of women in the workplace and gender differentiators in leadership roles.The event forms part of an ongoing initiative by global real estate consultancy CBRE to...
November 12, 2018

‘Women in Business’ Forum makes headway in identifying gender balance challenges

LG honored with CES 2019 Innovation Awards
THE Consumer Technology Association (CTA) is recognizing LG Electronics (LG) for groundbreaking innovations in technology and design with CES 2019 Innovation Awards – led by Best of Innovation wins and multiple honors for flagship smartphones, wearables, LG OLED TVs, soundbar and home appliances.This marks the seventh consecutive year that flagship smartphones, LG OLED TVs and home appliances all have received CES Innovation Awards, the official industry recognition for the most innovative products introduced at the annual consumer technology show known as CES®. LG will receive CTA’s highest honor, CES Best of Innovation Awards, for the LG V40 ThinQ smartphone and an innovative new soundbar products to be introduced at the 2019 show that is sure to wow the audience.Leading the...
November 12, 2018

LG honored with CES 2019 Innovation Awards





BIG Dodgeball
BOUNCE applies X-Factor style recruitment campaign to discover talent in Riyadh
BOUNCE Middle East is set to open the world’s first female only trampoline park in Riyadh in December this year and is looking for talented ladies who want a career with a difference where they can spend most of their days flying through the air and teaching customers some of the incredible skills they have been trained in.The unique interview process will be held in the format of X-Factor auditions where candidates will be asked to demonstrate tricks and impress the recruiters with their personality.Those that are successful could become part of the become one of the renowned BOUNCE Tribe as a backroom staff, safety officials or even go onto become a host trainer, whose jumps, flips and tricks wow the crowds across the Middle East on a daily basis in Jeddah, Abu Dhabi, Dubai and Al...
November 12, 2018

BOUNCE applies X-Factor style recruitment campaign to discover talent in Riyadh

Dareen Mall unveils biggest educational, entertainment event
IN an event which considered to be the largest of its kind in Saudi Arabia, Dareen Mall in Dammam Conducted the biggest free educational and entertainment event under the theme “Dinosaur world” for 25 continues days. The 25-day event, which began on 25 October, has attracted a great deal of interest from families and their children The event aimed to educate the visitors about the dinosaurs and simulate their era to increase the awareness of children and their knowledge about dinosaurs. Each dinosaur contains documented scientific information about its life, its type of food and many other useful contents, along with gifts and prizes provided for the visitors.It is worth mentioning that Hamat Real Estate Company, which operates Darren Mall, has played an important role in its...
November 12, 2018

Dareen Mall unveils biggest educational, entertainment event

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