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Fahad Alanazi named General Manager, IBM Saudi Arabia

RIYADH, Saudi Arabia/March 3, 2021/ --IBM (NYSE: IBM) announced today that Fahad Alanazi has joined IBM as General Manager of IBM Saudi Arabia.  “I am privileged to join IBM and lead its business in Saudi Arabia,” says Alanazi. “Technology is a core component of the Kingdom's Vision 2030. By leveraging IBM's hybrid cloud and AI solutions, services and our ecosystem partners, IBM is positioned to accelerate our clients’ digital transformation journeys and support Saudi Arabia’s Vision.” “Alanazi is a highly respected transformational leader and brings strong knowledge and expertise of the Saudi market. I am confident that his perspective and experience will be an asset to IBM and our clients,” said Hossam Seif El-Din, General Manager, IBM Middle East and Pakistan. ......read more

Cisco Small Business Partner Summit to Explore Growth Opportunities Across MEA

Changing Market Conditions and Strategic Priorities for the Sector to be Showcased During Regional Event Riyadh, KSA, 2 March 2021 – Cisco’s Small Business Partner Summit is taking place virtually this week, outlining the importance and growth potential of the small business sector across the Middle East and Africa. Small businesses account for 44% of all IT spending and continue to outpace traditional enterprise growth. On Tuesday 2nd March, summit attendees will be provided with insights into Cisco Designed – a tailor-made portfolio which delivers simple, secure and flexible products, available at competitive price points to help small businesses to thrive.  Participants will also learn about Cisco’s Partner Programs, incentives and rewards to expand their own business offerings, while ......read more

AMAALA Signs MoU With the Saudi Federation for Cyber Security, Programming and Drones

AMAALA and Saudi Federation for Cyber Security, Programming and Drones to work on joint initiatives related to drones, programming, and artificial intelligence   Chief Executive Officer at AMAALA, John Pagano                        Chief Executive Officer of The Saudi Federation for Cybersecurity, Programming and Drones, Muteb Alqany   March 01, 2021:   AMAALA, the ultra-luxury development located along Saudi Arabia’s north western coast, has signed a Memorandum of Understanding (MoU) with the Saudi Federation for Cyber Security, Programming and Drones (SAFCSP). The signing will pave the way for the adoption of innovative and emerging technologies within the fields of drones, programming, and artificial Intelligence at AMAALA and marks a ......read more

#TogetherForOurPlanet: British Embassy Riyadh Launches Social Media Campaign to Encourage Action Against Climate Change

Following Saudi Arabia’s G20 Presidency last year, and ahead of COP26, the UN’s Climate Change Conference in Glasgow in November, the British Embassy in Riyadh is asking all of society to make a change #TogetherForOurPlanet Saudi Arabia, Riyadh - 27 February 2021:   As we recover from COVID-19, it is critical that we build back greener and more resilient, protecting the environment for future generations. Our world continues to get hotter, and climate change is a challenge for all. It is crucial that all countries and people take action to safeguard our planet. Today, the British Embassy in Riyadh launched the #TogetherForOurPlanet ãÚÇð_áÃÌá_ßæßÈäÇ# campaign, calling on all of society to pledge one climate action to stop climate change.  The campaign drives awareness about the impact of human actions ......read more

Cisco Reveals Top Cybersecurity Threats of 2020*

Defending Against Critical Threats Report identifies migration to remote working and evolution of ransomware as key contributors towards diverse criminal activity Riyadh, KSA, 17 February 2021 – Cisco has revealed the findings of its Defending Against Critical Threats Report, noting changes in criminal activity during 2020 and new methods of exploitation, arising as a result of the pandemic. During a year in which transitioning to digital infrastructures became essential for all, Cisco explores the ongoing complexity and evolution of cyber threats, to inform organizations and empower stronger decision-making.  Increased Vulnerabilities with Remote Working Cisco Umbrella – a cloud-driven Secure Internet Gateway – examined traffic running through its DNS servers, identifying mid-March 2020 as a peak ......read more

Saudi Arabia Set to Become the Next Cloud Computing Hub as Major Leaders Share Their Vision at World Cloud Show – KSA

Endorsed by Saudi Cloud Computing Association, World Cloud Show is gearing up to virtually connect the most influential voices in the Saudi's cloud space this March. Notable speakers include the likes of Fahad A Alhamed, Dr Fatmah Ba Othman, Badar Khan & more. Saudi Arabia, Feb 14, 2021:   Having hosted multiple high-level conferences across the globe, World Cloud Show (WCS) has established itself as the one of the world's biggest and elite cloud show series. While it has proven itself as the quintessential cloud event, World Cloud Show has a reputation of getting global experts, investors, and cloud entrepreneurs all under one roof consistently, edition after edition. Taking place on 29 March 2020, World Cloud Show - KSA is endorsed by Saudi Cloud Computing Association. With Oracle as the headline ......read more

Saudi Arabia's Public Investment Fund Anchors NBK Capital Partners' Private Lending Fund

 Targeted US$ 300 Million Shari’ah Credit Opportunities Fund to Invest in Saudi Arabia, UAE and Select MENA Countries    Riyadh, KSA – 10 February 2021:  NBK Capital Partners has announced the successful first closing of a targeted US$ 300 million Shari’ah credit fund anchored by Saudi Arabia’s Public Investment Fund and other institutional investors.    NBK Capital Partners employs a pioneering strategy for flexible, long-term direct lending launched in the wake of the global financial crisis to meet the financing needs of mid-sized firms unable to secure attractive financing terms. The new fund will provide flexible capital solutions to mid-market companies in the Middle East and build on the impressive track-record of credit investments achieved since ......read more

Government's Focus on Balancing growth and stability to buoy KSA property market, says JLL

JLL releases KSA 2020 Year in Review Report Riyadh, KSA, 27 January 2021 – While much of 2020 was prioritizing the response to COVID-19, Saudi Arabia remained focused on growth and stability, long-term economic sustainability, diversification and an enhanced quality of life for its people, according to JLL’s KSA 2020 Year in Review report released today.  This was especially evident in the SAR 990 billion (USD 264 billion) budget for 2021, which emphasized health and social development, as well as education spending, with each allocated SAR 186 billion and SAR 175 billion respectively “Even though there are sectors in KSA’s property market which remain challenged as a result of COVID-19, the government is looking beyond the implications of the pandemic by continuing to support a number of ......read more

Arab Megastar Hussain Al Jassmi and Pepsi® Pay Tribute to Saudi Arabia in New Ode to Kingdom

Saudi -  January 24, 2021:   As a long supporter of creative talent and artistic expression, Pepsi® is proud to collaborate with the Arab world’s renowned singer, Hussain Al Jassmi. The partnership will see the launch of a new song called ‘Hay Hal Sot’ composed by the talented singer himself and written by Saudi Arabia’s leading poet and literary icon, Prince Badr Bin Abdul Mohsin.    Music has always been a powerful cultural indicator, the song called ‘Hay Hal Sot’ is an ode to the Kingdom – its beauty, bountiful nature, traditions and the unconditional love of its people. “Hay Hal Sot” is a celebration of the region’s diverse talent and rich culture, bringing people together to experience the musical canvas of Saudi – the old and new beat ......read more

Latest PGA Tour Winner Kevin Na Joins Strong American Contingent vying for 2021 Saudi International powered by SoftBank Investment Advisers Title

Strong list of partners gather in support of third edition; SoftBank Investment Advisers, Ministry of Sport, Public Investment Fund, Aramco, King Abdullah Economic City (KAEC),  SAMBA,  Saudia,  Invest Saudi, Sky Prime, GIB, STC, Rolex, Saudi Cargo, Saddik & Mohamed Attar, UMA Premium,  Mix FM,  Nova, Adidas, Al Laith, Luxury Carts, Reza Hygiene and Royal Greens Golf & Country Club. 19 January 2021:  Five-time PGA Tour winner Kevin Na, who won the PGA Tour’s Sony Open in Hawaii on Sunday, is the latest American star to enter the 2021 Saudi International powered by Softbank Investment Advisers, Royal Greens Golf & Country Club, 4 – 7 February 2021. The third edition of the Saudi International powered by Softbank Investment Advisers sees the strongest field gathered in ......read more

Golf Saudi CEO Hails Neom & the Line as a Future Global Golf Destination

Majed Al Sorour, CEO of Golf Saudi also confirmed preparations for February’s Saudi International powered by SoftBank Investment Advisers are now complete Saudi - January 18, 2021:   Ahead of the third edition of the Saudi International powered by SoftBank Investment Advisers, Golf Saudi CEO Majed Al Sorour has hailed the revolutionary launch of The Line — a 170-kilometer, zero-carbon, urban-development project, which will see several hyper-connected communities incorporated into one city, becoming the Kingdom’s most ambitious project to date. Commenting on the project Al Sorour said: “His Royal Highness, the Crown Prince, Mohammed Bin Salman’s announcement of The Line, as well as other great projects that have preceded it, including NEOM, will be a blessing for world tourism and ......read more

IHG® Signs Agreement for Holiday Inn Jeddah Corniche

Signing continues accelerated growth of the Holiday Inn brand across Saudi Arabia  Al Riyadh, Saudi Arabia, January, 17, 2021:  IHG® Hotels & Resorts, one of the world’s leading hotel companies, has signed a Management Agreement with Saleh Alsalamah and Partner Companies, to open Holiday Inn Jeddah Corniche. Having signed Holiday Inn Riyadh Al Malaz last year with the same partner, this latest development is part of IHG’s dedicated efforts to increase its midscale portfolio in the region. Once completed, Holiday Inn Jeddah Corniche will be IHG’s third Holiday Inn hotel in Jeddah, joining Holiday Inn Jeddah Gateway and Holiday Inn Jeddah – Al Salam. Expected to open in January 2022, the 156-room property will be strategically located behind the corniche road, near Jeddah Waterfront, ......read more

Ogilvy Names James Kinney as Global Chief Diversity, Equity & Inclusion Officer and Chief People Officer for North America

January 17, 2021:   Ogilvy announced today that James Nicholas Kinney has been appointed Global Chief Diversity, Equity & Inclusion Officer and Chief People Officer for North America.  In North America, James will oversee all aspects of talent management, recruitment, learning & development, and wellbeing working with Jag Dhanji, who was recently appointed Global Chief People Officer, and Devika Bulchandani, who is joining the company as CEO of Ogilvy North America.  As Global Chief Diversity, Equity & Inclusion Officer he will partner with leaders across the company’s global network to develop and evolve practices, policies, and programs to ensure Ogilvy has a strong culture of belonging — one that fosters an open environment for everyone to thrive and be their authentic selves. Kinney ......read more

World Gold Council ETF 2020 Report and Gold Outlook 2021

The World Gold Council has released its Gold Outlook 2021 as well as its ETF Flows report for December (and the full year 2020).   The 2021 Outlook envisages another well supported year for gold investment (after finishing 2020 up 24%), while consumption should benefit from the nascent economic recovery, especially in emerging markets.    The report includes analysis based on the WGC's gold valuation tool Qaurum which suggests gold's performance may be boosted further by the prolonged low interest rate environment which all but removes the opportunity cost of investing in gold.  Pulling from his work on World Gold Council’s newly released 2021 Gold Outlook, Krishan Gopaul, Market Intelligence Manager, World Gold Council, is available to discuss the following key themes for gold in ......read more

Samsung Introduces Latest Innovations for a Better Normal at CES 2021

Samsung enhances the home experience with products like Samsung Bespoke 4-Door Flex,  110-inch MICRO LED, and JetBot 90 AI+. Continuing sustainability efforts, Samsung announces Galaxy Upcycling at Home  and expansion of eco-packaging for TV products in 2021   January 12, 2021:  Samsung Electronics Co., Ltd. shared its vision for the future at the 2021 Consumer Electronics Show (CES). The company introduced new products at its virtual press conference, showing how it’s continuing to innovate by creating solutions that are flexible, intelligently connected, and use AI to understand context to make daily life seamless.        “Our world looks different, and many of you have been faced with a new reality–one where, among other things, your home has taken on ......read more

Cisco Reveals the Top 6 Tech Trends for 2021 and Beyond

From a greater adoption of sensors to a password-less future and closing the digital divide, 2021 will accelerate technologies that allow for more agility, resilience, and innovation 06  January 2021:  Cisco has revealed the top tech trends for 2021 and beyond with technologies that enable businesses to be more agile, resilient, and better prepared for unexpected challenges coming to the fore. In 2020, the arrival of future digital transformation occurred far faster than expected and research from Cisco expects this trend to continue during 2021. “As the pandemic unfolded, we worked with our customers to move from business continuity to business agility. We also helped to deliver and scale innovative application experiences faster than ever before. With those changes in mind, we see six key trends defining the near ......read more

Cisco's Duo Security Report Shows Shift to Remote Work is Accelerating Digitisation

• Analysis of millions of corporate users, devices and applications details security consequences of massive change in how we work • Influx of Bring-Your-Own-Device (BYOD) causes 90% spike in out-of-date devices attempting to access business apps • Cloud adoption to surpass use of on-premises applications by 2021   KSA, Riyadh, 24 December 2020: A new report published today from Duo Security at Cisco, the leading multi-factor authentication (MFA) and secure access provider, reveals the unprecedented IT change organizations underwent this year amid a massive shift to remote work, accelerating adoption of digital solutions including cloud technology. The security implications of this transition will reverberate for years to come, as the hybrid workplace demands the workforce to be secure, connected and ......read more

Viktor Hovland and Tony Finau, join stellar 2021 Saudi International powered by SoftBank Investment Advisers field

Europeans Martin Kaymer, Matt Wallace, Bernd Wiesberger and Danny Willett join burgeoning European contingent at 2021 Saudi International powered by SoftBank Investment Advisers set to be one of the strongest events on the 2021 European Tour schedule Jeddah, Kingdom of Saudi Arabia – 23 December, 2020:    Viktor Hovland and Tony Finau are the latest top ranked international stars to confirm their entry into the third edition of the Saudi International powered by Softbank Investment Advisers, Royal Greens Golf & Country Club, 4 – 7 February 2021. Hovland is undoubtedly the rising star of world golf and at 23 years old, he sits at a career high ranking of World No.14 following his second PGA Tour win earlier this month. Hailing from Norway, Hovland turned professional in 2019 having finished as low amateur ......read more

HP Seizes Thousands of Counterfeit Products in Saudi Arabia

HP’s Anti-Counterfeiting and Fraud Team partnered with Saudi authorities to identify and confiscate counterfeit HP toner cartridges Riyadh, Saudi Arabia, December 10, 2020 – HP’s Anti-Counterfeit and Fraud teams in the Middle East have continued to see successes in identifying and seizing counterfeit print supplies. In August 2020, the Saudi customs tackled an illicit cross-border trade in counterfeit cartridges for HP printers.  The Saudi authorities seized a shipment of counterfeit supplies, which was about to enter the country via a port on the Red Sea Coast. Consequently, around 6,000 ready-for-sale counterfeit toner cartridges were confiscated. “HP is proud of its continued work with the Middle Eastern authorities to combat the sale of counterfeit print supplies. We thank the local authorities ......read more

Middle East Records Some of the Highest Global SO2 Emissions

● Saudi Arabia records the highest levels of emissions in the region followed by Kuwait, UAE, Iraq and Morocco ● Emission hotspots’ proximity to population centers increase public health risks   December 08, 2020:    The Centre for Research on Energy and Clean Air- CREA and Greenpeace India released their report about Ranking the World’s Sulphur Dioxide Emissions Hotspots 2019-2020, which revealed the emissions of this toxic gas resulting annually from anthropogenic activities in the energy, oil, gas and  smelting sectors.   Despite the general decrease in SO2 emissions around the world, the Middle East is still one of the worst polluted regions, specifically emissions around the Gulf region which did not witness any significant change between 2018 and ......read more

Refinitiv & Saudi Central Bank Inaugurates 12th Compliance & Anti Money Laundry Seminar in KSA

SAUDI ARABIA - December 03, 2020:    Refinitiv and The Saudi Central Bank inaugurated today the 12th edition of the Compliance and Anti Money Laundry Seminar in Saudi Arabia.   His Excellency Dr. Ahmed bin Abdul Karim Al-Kholifey, Governor, Saudi Central Bank, and Chairman of the Anti-Money Laundering Permanent Committee, delivered a keynote speech at the opening ceremony highlighting the emergence of new compliance risks following the Corona outbreak this year.   “Among the most prominent of those risks observed during the pandemic period are the increase in financial fraud cases, namely, emergence of individuals claiming to invest in digital currencies or claiming to provide investment services in some major companies,” he pointed out.   In response to the threats, Mr. Al-Kholifey noted that ......read more

Golf Saudi Strikes Partnership With The Club Managers Association of Europe To Discover Future Leaders Of Golf In Saudi Arabia

Unique educational programme tailored to support Saudi Nationals career pathway in, and through golf Riyadh, Kingdom of Saudi Arabia, 29 November 2020:  Golf Saudi and the Club Managers Association of Europe (CMAE) have signed an ambitious new partnership which will see both organisations work together to roll out a multi-level, certified Arabic language educational programme, the first of its kind, aimed at spiking interest and encouraging Saudi nationals pursuit of a future career in golf. The agreement with the CMAE underlines Golf Saudi’s seriousness in implementing training and education programmes, designed to discover and create future national leaders for the Kingdom’s growing golf sector. CMAE will define, develop, design and deliver a custom made education platform in Saudi Arabia, drawing on its ......read more

Refinitiv Announces Winners of 2020 Lipper Fund Awards For The Saudi Arabian Fund Industry

SAUDI ARABIA – November 25, 2020:   Refinitiv today announces the winners of the Lipper Fund Award Winners for the Saudi Arabia Fund Industry 2020. These highly-respected awards recognize funds and fund management firms that have excelled in providing consistently strong risk-adjusted performances relative to their industry peers – the merit of the winners is based on objective, quantitative criteria.   As to the Gulf Cooperation Council (GCC) Equity Awards, Jadwa GCC Equity Fund by Jadwa Investment won the three, five, and ten-years category. The Global Equity Awards went to AlJazira International Equities Fund by AlJazira Capital for the three and five-year category, and Riyad Global Equity Sharia Fund by Riyad Capital for the ten-year category.    As to the Saudi Arabia Equity Awards, Osool ......read more

Devika Bulchandani Named CEO of Ogilvy North America & Global Chairwoman of Advertising

November 22, 2020 — Ogilvy announced today that Devika Bulchandani has been appointed Chief Executive Officer of Ogilvy North America and Global Chairwoman of Advertising. Devika will be responsible for driving all aspects of Ogilvy’s core business across the United States and Canada which spans Advertising, Brand & Content, Public Relations & Influence, Experience, Growth & Innovation, and Health. She will also support Ogilvy's advertising business across the global network.     Andy Main, Global CEO for Ogilvy said: “Dev is a leader with relentless drive, a sharp understanding of our clients’ rapidly evolving needs, and an undeniable track record of using creativity as a catalyst for growth. With Dev leading our teams across North America, I’m confident that Ogilvy will be ......read more

Ministry Of Transport Completes Jadeedah Arar Port Road Network Coinciding with its Opening

November 21, 2020 - Riyadh, Saudi Arabia - The Ministry of Transport carried out maintenance work on the road leading to Jadeedah Arar port, coinciding with its opening on November 17 under the patronage of the Governor of the Northern Borders Region, Prince Faisal bin Khalid bin Sultan.    The opening of the port was part of a package of joint agreements between the Kingdom of Saudi Arabia and the Republic of Iraq. The agreements aim at creating investment opportunities across all sectors and securing all roads to and from the port, the foundation of which was laid by Custodian of the Two Holy Mosques King Salman bin Abdulaziz.   Deputy Minister of Transport Eng. Badr Abdullah Al-Dulami said the developed logistics area at the port would serve as a gate for the northern part of the Kingdom to promote the economy by ......read more

Other Top Stories from Banking and Investments
 
Immensa Technology Labs makes the largest Additive Manufacturing (3D Printing) investment in Saudi ...…

• Move comes in line with the company’s plans to cater to the surging demand for 3D printing and digitization services in the Kingdom of Saudi Arabia (“KSA”) by acquiring two Saudi based companies and investing to expand them.   17 November 2020: Immensa Technology Labs, the region’s leading additive manufacturing (3D Printing) company, has announced its ......read more

Samsung Wraps up its AI training as Part of Samsung Innovation Campus…

Riyadh, Kingdom of Saudi Arabia – 11 November 2020:  In line with the Kingdom’s goal to drive forward digital innovation, Samsung Electronics Co., today Ltd., concluded its Samsung Innovation Campus (SIC), a worldwide initiative which aims to provide students with academic and professional skills in fields such as Artificial Intelligence (AI) and Internet of Things (IoT), to ......read more

Never Miss a Moment of Action in Your Favourite Saudi Sports With the New GSA Live Platform Built ...…

Riyadh, KSA 9, November 2020: Sports fans across Saudi Arabia can now live stream sports matches, and get the latest news, scores and standings with the new GSA Live platform. Developed in collaboration between the Ministry of Sports and Saudi super app Hala Yalla, the platform gives sports fans a choice of a dedicated website, mobile & tablet apps, and a newly launched Apple TV app, ......read more

Shaker Group reports Q3 revenue of SAR 247.5 million; Net profit of SAR 4.4 million…

• Improved economic activity and agile response to Covid-19 drive top-line growth  • Material impact of Breakthrough Program turnaround strategy realised on bottom-line  • 9M revenue of SAR 736.2 million improved by 5.4% from 2019 • 9M net profit of SAR 6.2 million compared to net loss of SAR 45.3 million in 2019   09 November 2020:  ......read more

Saudi Arabia to Host Formula 1 Race in 2021…

Jeddah street race, confirmed for November 2021, is the first of a long-term partnership that aims to reach new audiences and inspire millions Jeddah, 7th November 2020: History will be made in 2021, when one of the world’s biggest sports events comes to Jeddah for the first ever Formula 1 Saudi Arabian Grand Prix.  The race in November 2021 will see the world’s best ......read more

Free Registration Continues for the 1st Global Conference on Giftedness and Creativity…

-         17 speakers will present their visions during the two-day event organized by King Abdul Aziz and His Companions Foundation for Giftedness and Creativity (Mawhiba) and G20 Saudi Secretariat -         Attendees from all over the world are expected to take part in the virtual conference, which coincides with Mawhiba's 20th ......read more

Multiple Major Champions Join Stellar Field for the 2021 Saudi International Powered by SoftBank ...…

Golf Saudi aim to deliver the strongest field on the middle east swing with many more stars to be announced in the coming weeks Jeddah, Kingdom of Saudi Arabia – November 4, 2020:  Major Champions Shane Lowry, Sergio Garcia, Phil Mickelson, Patrick Reed, Justin Rose and Henrik Stenson have confirmed their participation in the third edition of the Saudi International powered by ......read more

Cisco Unveils Simplified Partner Program, New Platforms and Solutions at Partner Summit 2020…

• Cisco celebrates 25th annual Partner Summit with virtual global event to ensure its channel community are “Future Ready”  • Nearly 13,000 partners spanning 157 countries will attend • Company Announces Simplified Partner Program, Breakthrough Software Solutions to Fuel IT Agility, Cloud-Native Security Innovation and New Webex Solutions for ......read more

Ministry of Transport, Saudi Development and Reconstruction Program for Yemen Sign Cooperation Pact ...…

November 03, 2020 - RIYADH, Saudi Arabia:   The Ministry of Transport and the Saudi Development and Reconstruction Program for Yemen (SDRPY) signed on Monday a memorandum of cooperation to develop the land, sea and air transport sector in the Republic of Yemen and improve roads in Yemeni cities.   The memorandum of cooperation was signed by the Saudi Minister of Transport ......read more

Riyad Bank Signs Acquiring Agreement with JCB for Local Acceptance in the Kingdom of Saudi Arabia…

October 27, 2020:   Riyad Bank, a listed company on the Saudi Arabia Stock Exchange in the Kingdom of Saudi Arabia, and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., announced that Riyad Bank had signed a partnership agreement with JCBI to enable the acceptance of JCB Cards at all Point of Sale systems, online and ATMs throughout the Kingdom of ......read more

Ericsson Runs Three-year Fresh Graduates Program to Accelerate Saudi Arabia's Digitalization Journey…

• Saudi fresh graduates enhance their potential in an innovative and engaging environment • Program fast-track and train potential leaders to meet business challenges of the future   October 26, 2020:    Ericsson (NASDAQ:ERIC) has been running a three-years Fresh Graduate Program in Saudi Arabia since 2018 that has employed more than one hundred persons. The ......read more

5G Holds the Key to Saudi Arabia's Digital Future…

By Fadhel Isa, Chief Technology Officer at Ericsson Saudi Arabia  October 22, 2020:    At the dawn of a new decade, we have continued to leverage our technology towards our customers and achieved a significant milestone by securing the company’s 100th commercial 5G contract. As we celebrate this momentous occasion, we also celebrate being on the forefront of the 5G race ......read more

Almarai Announces Next Phase of Digital Transformation to Boost Middle East's Food Self-Sufficiency…

• Almarai Supports Saudi Vision 2030’s Local Manufacturing and Self-Sufficiency • SAP S/4HANA Intelligent Suit Optimizes Production and Distribution to Tens of Millions of Consumers Across the GCC, Egypt, and Jordan     RIYADH, Kingdom of Saudi Arabia – 13 October 2020:  Almarai, the Middle East’s largest food & beverage manufacturer and ......read more

BofA - National Commercial Bank: Creating Saudi's National Champion of Banking…

October 12, 2020:  Refer to important disclosures at the end of these reports (see links below). Please note, you may quote directly from this research report solely in your reporting as a member of the media; however all quotes must be cited as having come from a BofA Global Research report. All other copying, redistribution, retransmission, republication and any other unauthorized ......read more

Younger Saudi Healthcare Professionals Are Enthusiastic Adopters of New Technology, According to ...…

• Saudi Arabia's younger healthcare professionals are well prepared for both the clinical and non-clinical aspects of their roles by their medical education • 51% of younger healthcare professionals in Saudi Arabia know a lot about value-based care, which is among the highest awareness out of all of the countries surveyed • 84% of Saudi’s next generation of ......read more

Barakatalan Launches New Coupons & Deals Website in the Middle East…

As everything in the world is quickly changing and developing so is the e-commerce market around the globe. With people getting fast internet access and reliability over modern technology, they have switched from traditional shopping to online shopping. And this online shopping has given rise to the e-commerce market.  While the e-commerce market is gaining pace in the rest of the world, ......read more

Saudi Bugshan Company Transforms its Business Operations with IBM Cloud…

New cloud environment to support the company’s business growth and need for enterprise-grade security   JEDDAH, Saudi Arabia, September 28, 2020:  Saudi Bugshan Company (SBC), in collaboration with its technology arm Brmaja Commercial Company (Brmaja), has selected IBM Cloud to host its IT infrastructure. This transition aims to support SBC’s business growth plans ......read more

Kantar to Launch the First BrandZ Top 30 Most Valuable Emirati and Saudi Brands…

Experts from six WPP companies across the United Arab Emirates and the Kingdom of Saudi Arabia share insights in the report.   September 23, 2020:   Kantar announces the inaugural launch of the BrandZ™ Top 30 Most Valuable Emirati and Saudi Brands on 6 October 2020 at a virtual event. The ranking identifies the United Arab Emirates and Saudi Arabia’s Top 30 ......read more

Knight Frank's Saudi Arabia National Housing Survey highlights the residential demand preferences ...…

Knight Frank’s Saudi Arabia National Housing Survey is a detailed quantitative and qualitative survey, which highlights the residential demand preferences of owner-occupiers, renters and those living with their families across Saudi Arabia’s major cities.  The survey was designed to bridge the gap in the understanding of effective demand and supply.   Riyadh, KSA, 20th ......read more

Jones Day advises Sponsors on closing of Jeddah Airport 2 ISTP Project in Saudi Arabia…

• Largest such project in the Kingdom  • Critical project for the city of Jeddah • Part of Vision 2030 infrastructure reforms   September 17, 2020:  Jones Day has acted as legal counsel on the financial closing of the Kingdom of Saudi Arabia’s largest privately-financed sewage treatment plant, the Jeddah Airport 2 ISTP.  The project forms part ......read more

Marafiq and its Partners, Veolia and Amwal AlKhaleejiah, Reach the Financial Closing of Jeddah ...…

SWPC and the consortium composed by Marafiq, Veolia, and Amwal AlKhaleejiah have successfully achieved the financial closing of the US$ 280M ISTP (Independent Sewage Treatment Plant) project for Jeddah. September 13, 2020:   Marafiq (Power and Water Utility Company for Jubail and Yanbu) is the lead developer in Jeddah Airport 2 ISTP (Independent Sewage Treatment Plant) and has a ......read more

New COVID-19 Response Report Analyses Saudi Arabia's Insurance Industry as Digitisation Gains Pace'…

Oxford Business Group and Najm Insurance Services launch latest research tool    Riyadh, 10 September 2020:  The impact of Covid-19 on the insurance sector in Saudi Arabia and the efforts of sector players to support the national response to the challenges of the pandemic  are explored in a new Covid-19 Response Report (CRR) by Oxford Business Group (OBG), produced ......read more

Ogilvy Becomes First Agency Brand to Reach 1 Million Followers on LinkedIn…

September 10, 2020:  Ogilvy has become the first agency brand to reach an impressive social media milestone: one million followers on LinkedIn.    LinkedIn has become the social destination for business, employment, and company culture content. Ogilvy’s global social and thought leadership strategy is a natural fit with LinkedIn. The one million follower landmark is the ......read more

Saudi Arabia has Reached the Highest Download Speed of 144.5 Mbps Through 5G Networks Among ...…

Please find below the statement from Femi Oshiga, VP Sales, Service Providers, Middle East & Africa, CommScope:   Saudi,  September 02, 2020:  ”It’s incredibly encouraging to see such download speeds being reached in Saudi Arabia through 5G networks. As we’re beginning to see, 5G holds the promise of superfast download speeds and unparalleled performance ......read more

Intention to List Bindawood Holding Company On the Saudi Stock Exchange (Tadawul)…

Saudi, August 31, 2020:  BinDawood Holding Company (“BinDawood Holding” or the “Company”), one of the leading grocery retail operators of hypermarkets and supermarkets in the Kingdom of Saudi Arabia (“KSA” or “Saudi Arabia”), announces its intention to proceed with an initial public offering (the “IPO” or the “Offering”) ......read more

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