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• Mobily and Ericsson test 5G on low band for extended 5G coverage• Ericsson Spectrum Sharing will support Mobily in expanding 5G coverage  September 17, 2020:  Mobily has teamed up with Ericsson (NASDAQ: ERIC) to trial 5G on 800/1800 MHz band using Ericsson Spectrum Sharing. The trial showed 5G capabilities in a real-... ... Read more
>First in the automotive world use of DLP technology “Head-Up” Aviator’s advanced credentials >With the arrival of Aviator, Lincoln’s most advanced suite of driver-assist technologies became available in an upgrade aptly named Lincoln Co-Pilot360™ Plus  >Aviator has enjoyed a stellar summer of s... ... Read more
September 15, 2020:  Playful elegance is at the heart of this Versus Versace timepiece that combines sophistication with raw glamour. Decidedly designed to make a bold statement, this timepiece doesn’t shy away from the spotlight; it embraces its uniqueness and celebrates the Versus DNA in every inch of its details..  A motley mix o... ... Read more
Saudi Arabia - September 14, 2020: The people working behind each of our bags and accessories are the ones who make sure that each one of them reaches our clients after a long process.. By transforming an idea or an inspiration into a pattern, a modeling material or leather in order to create the bag. Everyone that works at Purificación Garc&#... ... Read more
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 (Indep... ... Read more
The Tonda GT collection adds an integrated chronograph to its line-up for Watches & Wonders Shanghai September 12, 2020:  In 2016, in celebration of their 20th anniversary, Parmigiani Fleurier joined a small but prestigious group of manufactures with the introduction of the Tonda Chronor Anniversaire, featuring the Maison’s firs... ... Read more
September 09, 2020: The world’s most-watched football league moves onto Hublot time Hublot is thrilled to announce it will become the Premier League’s Official Timekeeper from the start of the 2020/21 season. Hublot Loves Football! Hublot’s historical and now ubiquitous presence in football makes it a perfect partne... ... Read more
Oxford Business Group and Najm Insurance Services launch latest research tool  Riyadh, 9 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 Bu... ... Read more
Hello September!. September 09, 2020:  Reminiscent of all things romantic and whimsy, like a treasured flower tucked inside the yellowed pages of a book, this spectacular AIGNER timepiece and jewellery is an ode to the season of Spring. Of sun and her flowers, of subdued charm and delicate femininity – this beautiful timepiece and jewell... ... Read more
7th September 2020:  “Art begets art”, American author Susan Vreeland once famously said. And this is certainly true in the case of Tripod, the 13th collaboration between MB&F and Switzerland’s premier clockmaker L’Epée 1839.Tripod comprises a minimalist clock face suspended between three delicate insect-like legs. ... ... Read more
A CULT WATCH INITIALLY CREATED IN 1985. A SQUARE INSIDE A CIRCLE. AN EXTRAORDINARY DESIGN. AN EXTROVERT AND UNISEX WATCH. A COLLECTION . Produced in steel, yellow gold, pink gold and set with diamonds, the Pasha de Cartier collection includes many models, incorporating fine jewellery pieces and fine watchmaking creations with skeleton versions... ... Read more
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 dow... ... Read more
• Health precautions introduced throughout the visa application system, including the doorstep ‘On Demand Mobile Visa’ service available for student visa customers. • UK Visas and Immigration has introduced greater flexibility in visa rules, allowing students to apply for visas when they are able to travel to the UK, rath... ... Read more
• Health precautions introduced throughout the visa application system, including the doorstep ‘On Demand Mobile Visa’ service available for student visa customers. • UK Visas and Immigration has introduced greater flexibility in visa rules, allowing students to apply for visas when they are able to travel to the UK, rath... ... Read more
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Riyadh/Dubai, August 26, 2020- Swicorp, the Fund Manager of Swicorp Wabel REIT (the “REIT”), has announced the opening of a nine-screen AMC Cinema in the capital city of Saudi Arabia, in another of its REIT’s properties, Al Makan Mall, Riyadh. This is the second AMC Cinema to open at a Swicorp property this month, following the opening of AMC Hafr Al Batin, the first of its kind in the area. The opening of AMC Al Khair 9 in Al Makan Mall Riyadh yesterday was attended by various government officials, guests of honour and members of AMC’s executive team. The Riyadh location is operated by AMC Cinemas, the largest cinema chain in the world and the company behind many ......read more

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 September 2020:  Over recent times despite shifts in demographics, a reduction in household sizes and on-going cultural reform, we have seen very little change in the nature of housing supply across the kingdom. The majority of new stock is centred towards large villas on the periphery of the ever ......read more

September 20, 2020:  The Bloomberg Commodity Index, which tracks a basket of major commodities spread evenly across energy, metals and agriculture, traded higher for the first time in three weeks. A softer dollar, continued buying momentum among major U.S. crop futures and a Saudi-fueled bounce in oil products, together with Chinese economic optimism all helped support a week of broad-based gains across all three sectors. Gold traded quite passively with ‘algo’ traders currently in charge, something that for now has resulted in an unusually high positive correlation with the movements in the S&P 500 index.  Crude oil and fuel products led from the front as the ......read more

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• 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 of the Saudi Government’s Vision 2030 and will bring significant benefits to the city of Jeddah.   Jones Day acted on all aspects of the Jeddah A2 ISTP for the consortium of sponsors who are investing in the plant, consisting of The Power and Water Utility Company for Jubail and Yanb ......read more

• Mobily and Ericsson test 5G on low band for extended 5G coverage • Ericsson Spectrum Sharing will support Mobily in expanding 5G coverage    September 17, 2020:  Mobily has teamed up with Ericsson (NASDAQ: ERIC) to trial 5G on 800/1800 MHz band using Ericsson Spectrum Sharing. The trial showed 5G capabilities in a real-world environment over a live network, including tests on speed and latency.   Ericsson Spectrum Sharing allows both 4G and 5G to be deployed in the same band and on the same radio through a software upgrade – instantly allocating spectrum between the two mobile technologies based on user demand on a one millisecond (ms ......read more

>First in the automotive world use of DLP technology “Head-Up” Aviator’s advanced credentials   >With the arrival of Aviator, Lincoln’s most advanced suite of driver-assist technologies became available in an upgrade aptly named Lincoln Co-Pilot360™ Plus    >Aviator has enjoyed a stellar summer of sales, setting new records for model monthly sales   Al Riyadh, Saudi Arabia, September 17, 2020:  Luxury customers expect their vehicles to be more than a moving sanctuary; they want them to be smart devices on wheels. And though Lincoln Aviator embodies quiet flight, it also comes packed with purposeful technologica ......read more

141,000 searches were conducted on our platform following the announcement     Dubai, 16 September 2020:  Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), supports Saudi Arabia’s decision on the resumption of exceptional flights and explains the regulations and categories of travelers allowed to enter and exit the country.   According to the Saudi Press Agency, citizens are allowed to re-enter the kingdom through all land, sea, and airports after January 1, 2021, provided that all coronavirus-related precautionary measures are taken.    In addition, it allows certain categories to travel to and from the Kin ......read more

September 15, 2020:  Playful elegance is at the heart of this Versus Versace timepiece that combines sophistication with raw glamour. Decidedly designed to make a bold statement, this timepiece doesn’t shy away from the spotlight; it embraces its uniqueness and celebrates the Versus DNA in every inch of its details.  A motley mix of shapes, textures and patterns harmoniously come together to present this timepiece that adds a splash of color to your personality. With the textured bezel offsetting the guilloches on the dial, the timepiece is highlighted by the stick and elegant dauphine hour hands. The signature Versus 3D lion head finds its place in the conspicuous lugs ......read more

Saudi Arabia - September 14, 2020: The people working behind each of our bags and accessories are the ones who make sure that each one of them reaches our clients after a long process. By transforming an idea or an inspiration into a pattern, a modeling material or leather in order to create the bag. Everyone that works at Purificación García has put in all their passion to support the customers. In May of 2020, the brand launched #PGOPTIMISMO where the brand has decided to give 10% donations to associations such as Home Health Care Foundation in KSA for each accessory purchase until the 31st of December 2020.  We manufacture optimism by supporting our society and b ......read more

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 wealth of experience as an integrated utility service provider to major industrial cities in Saudi Arabia.  The Jeddah Airport 2 ISTP was awarded under the Build, Own, Operate and Transfer (BOOT) concession model, and will be developed under a 25-year Public-Private Partnership (PPP) model. Maraf ......read more

The Tonda GT collection adds an integrated chronograph to its line-up for Watches & Wonders Shanghai   September 12, 2020:  In 2016, in celebration of their 20th anniversary, Parmigiani Fleurier joined a small but prestigious group of manufactures with the introduction of the Tonda Chronor Anniversaire, featuring the Maison’s first-ever in-house integrated chronograph- the PF361 caliber. Only seven brands in the watchmaking world have the expertise necessary to develop, manufacture and meticulously assemble such an intricate caliber, and today, Parmigiani Fleurier is proud to announce the third such feat in its 23-year history for the highly anticipated Watches & ......read more

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 with Najm Insurance Services.   The CRR provides an in-depth analysis of Saudi Arabia’s response to the coronavirus in an easy-to-navigate and accessible format, focusing on key data and infographics relating to the country’s socio-economic landscape.   The report examines t ......read more

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 result of the cultivation of a community where big ideas that shape brands are shared, celebrated, and discussed.     Ogilvy’s one million LinkedIn followers come from across the globe and the business spectrum. The top five nations represented in Ogilvy’s LinkedIn community ......read more

September 09, 2020:   The world’s most-watched football league moves onto Hublot time   Hublot is thrilled to announce it will become the Premier League’s Official Timekeeper from the start of the 2020/21 season. Hublot Loves Football!   Hublot’s historical and now ubiquitous presence in football makes it a perfect partner for the Premier League, which attracts many of the world’s best players and most decorated managers, and is enjoyed by fans around the globe.   Matches featuring the 20 teams are available to watch in 880 million households in 188 of the world's 193 countries recognized by the United Nations. According ......read more

Oxford Business Group and Najm Insurance Services launch latest research tool    Riyadh, 9 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 with Najm Insurance Services.   The CRR provides an in-depth analysis of Saudi Arabia’s response to the coronavirus in an easy-to-navigate and accessible format, focusing on key data and infographics relating to the country’s socio-economic landscape.   The report examines the Kingdom&r ......read more

Hello September! September 09, 2020:  Reminiscent of all things romantic and whimsy, like a treasured flower tucked inside the yellowed pages of a book, this spectacular AIGNER timepiece and jewellery is an ode to the season of Spring. Of sun and her flowers, of subdued charm and delicate femininity – this beautiful timepiece and jewellery celebrate the rendezvous between nature and you.    While Aprilia is a defining style statement on its own, the jewellery provides the perfect prologue to your striking persona. Imbuing movement and touched by grace, the patterns on the mother-of-pearl jewellery capture the beauty of rays of sun reflecting on its tranquil surf ......read more

7th September 2020:  “Art begets art”, American author Susan Vreeland once famously said. And this is certainly true in the case of Tripod, the 13th collaboration between MB&F and Switzerland’s premier clockmaker L’Epée 1839. Tripod comprises a minimalist clock face suspended between three delicate insect-like legs. It follows the mighty T-Rex in what will become a trilogy of half animal/half robot creations that MB&F calls Robocreatures. Tripod’s name originates in the trios that inform it: three legs, three insect-eye spheres, and three movement levels comprising the creature’s mechanical body. Also, Tripod is the second in a group of thr ......read more

A CULT WATCH INITIALLY CREATED IN 1985 A SQUARE INSIDE A CIRCLE AN EXTRAORDINARY DESIGN AN EXTROVERT AND UNISEX WATCH A COLLECTION  Produced in steel, yellow gold, pink gold and set with diamonds, the Pasha de Cartier collection includes many models, incorporating fine jewellery pieces and fine watchmaking creations with skeleton versions. With its distinctive codes and extraordinary design, the Pasha watch is for those who think big. A broad worldview which echoes a whole new generation of successful talent. Their success is reflected in new, unique and diverse creative projects being launched in 2020 that set them apart from previous generations. A community of personali ......read more

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 that enables us to move the world towards connected communities and advanced IoT adoption. As we’re beginning to see, 5G holds the promise of superfast download speeds and unparalleled performance that enables us to move the world towards connected communities and advanced IoT adoption. ......read more

• Health precautions introduced throughout the visa application system, including the doorstep ‘On Demand Mobile Visa’ service available for student visa customers.  • UK Visas and Immigration has introduced greater flexibility in visa rules, allowing students to apply for visas when they are able to travel to the UK, rather than at the start of their studies. • Students completing courses online will still be eligible to apply for the Graduate Route, provided they are in the UK by 06 April 2021.    September 02, 2020:  As part of its commitment to enhance the visa system experience for students, United Kingdom Visas and Immigration ......read more

September 02, 2020:  The Snake chain bracelet was the first Pandora Moments bracelet designed and launched 20 years ago and has since become an iconic canvas on which people can tell their story and express themselves. The Snake chain is not just a functional part of our bracelets, But an aesthetic element we could invoke in new ways. We have reimagined some of our favourite existing Pandora pieces with the Snake chain pattern The ideal way to celebrate Pandora’s past and weave it into our future. INNOVATION: This Snake chain line-up increases with a brand new stylish and secure T-bar closure.   ...read more

NordPass gives advice on keeping children safe online   United Arab Emirates,  September 01, 2020:  With the back to school season in full swing, the dangers of online hacks, scams, and cyberbullying increase. Today, children spend more time online than ever before. Most schools now require children to have their own laptops or tablets, especially during the Covid-19 pandemic, when most schools chose remote teaching. However, few schools give clear instructions to children and parents about how to stay secure online.  NordPass has collected some tips and tricks so that parents can teach their children about internet privacy and safety.   1. Educate on t ......read more

August 31, 2020: Global technology brand, HONOR, has announced it will be part of the IFA 2020 Special Edition in Berlin on September 4.  Under the theme Expand Your Smart Life, HONOR will be launching a portfolio of products including smart wearables, personal computers, and tablets. The new lineup will feature the latest preeminent technology for today’s digital consumer.  HONOR’s 1+8+N IoT strategy, which refers to an ecosystem integration of one smartphone, eight categories of additional connected products and a wide offering of third-party linked devices that create an intelligent and fully immersed experience. As a young and disruptive tech brand, H ......read more

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”) and listing of its ordinary shares (“Shares”) on the Main Market of the Saudi Stock Exchange of Saudi Arabia (“Tadawul”). The Offering is expected to comprise a sale of existing Shares and result in a free float of 20 per cent.   Tadawul approved the Company’ ......read more

August 30, 2020:   Brought together by the love of craftmanship and refined details, this season two Dubai-based and female-owned brands, HALM and Kristina Fidelskaya, have collaborated on four exclusive bags, as part of the Autumn-Winter 2020 “Dream” collection, set to launch in September. The collaboration was conceived as a meeting of minds between the founders of each label, Hanna Ransjö and Kristina Fidelskaya, with both brands located in the city’s creative quarter, Dubai Design District. The partnership materialized organically through their mutual appreciation for creative artistry and fondness for high quality leatherwork - inspirited by their ali ......read more

Saudi, August 29, 2020:   Next performance of Cercle, one of the leading electronic music platforms which broadcasts DJ sets in carefully selected and unusual places with their motto “Timeless Music”, will be held in Cappadocia at dawn in a hot air balloon. Within the scope of the event organized with the contribution of Turkey Tourism Promotion and Development Agency and Ministry of Tourism, Cappadocia -an incredibly special location included in UNESCO's world heritage list- will be hosting a special performance by Ben Böhmer in a hot air balloon on August 31 Monday at dawn. This heavenly electronic music show will be broadcasted live on Cercle Music social ......read more

August 29, 2020:  A flying tourbillon shines amid an aventurine sky, adorned by a gem-studded rainbow to make up the ultra-thin Tonda 1950 Moonbow, a new timepiece presented by Parmigiani Fleurier. « Whoever learns to observe acquires art. » These words, taught to young Michel Parmigiani by his father, summarize the philosophy of the Parmigiani Fleurier manufacture. The Tonda 1950 Moonbow draws inspiration from two phenomena only apparent to a careful observer and re-imagines a lunar rainbow, or moonbow, on the bezel and a spiral galaxy on the dial. Its flying tourbillon is reminiscent of a spiral galaxy and dances amid celestial beings on an aventurine sky, carefully pl ......read more

Focus upon all-around efficiency extends beyond energy efficiency to spatial efficiency in Lucid’s “Space Concept,” an innovative new design layout that provides more interior space and comfort than competitive luxury and EV offerings, including the largest EV frunk ever   Saudi, August 27, 2020:  Lucid Motors, which seeks to set new standards for sustainable transportation with its advanced luxury EVs, today announced that the Lucid Air will come to market with class-leading interior space and spatial efficiency, ingeniously packaged around a powerful, compact, and energy dense 113kWh extended-range battery pack. This combination maximizes customer com ......read more

August 27, 2020:  Storytelling and collecting are natural human impulses, something Pandora first tapped into 20 years ago with the creation of its Pandora Moments charm bracelet concept. To celebrate the now-iconic piece and thank Pandora consumers around the world, the brand kicks off Voices of Pandora on August 18, a global activation designed to ignite self-expression and connection through collecting personal stories. Throughout September, Pandora will release collages of fan photos from all over the world wearing charms that are linked to memorable firsts in their lives. With the activation, Pandora invites its community to become the voice of its celebration. By uploading a ......read more

Partnerships with Electrify America include unlimited three-year subscription of 350kW fast charging at its nationwide network and with QMerit for installation of Lucid’s bi-directional home charger for car-to-grid capability together deliver future-proof solutions for Lucid customers   Saudi - August 25, 2020:  Lucid Motors, which seeks to set new standards for sustainable transportation with its advanced luxury EVs, today announced the Lucid Air will be the fastest charging electric vehicle ever offered with the capability to charge at rates of up to 20 miles (32 km) per minute. For owners charging their Lucid Air in real-world conditions on the road, that translates ......read more

August 24, 2020:  Think of perfume as living high jewellery. This is how the Cartier perfumer, Mathilde Laurent, has created the first trio of Les Épures de Parfum — three irresistible pieces of jewellery. The purity of raw olfactory pleasures, which Mathilde Laurent captures with a sense of life and spontaneous freshness.  A collection aimed at men and women who are searching for an olfactory beauty that is simple rather than sophisticated.  A Pur Muguet, a Pur Kinkan, a Pur Magnolia: three ultra-realistic, striking and vibrant olfactory pieces.  With Les Épures de Parfum, Cartier is celebrating the original resonance and beauty of living natu ......read more

• REALITY project could help reduce aluminium production emissions by up to 26% • Pioneering recycling process gives a second-life to premium automotive grade aluminium  • Results have revealed new alloy passes initial quality testing • The research will help close the loop on precious raw materials as part of Jaguar Land Rover’s journey to zero emissions    August 24, 2020:    Research by Jaguar Land Rover has revealed how an innovative recycling process could upcycle aluminium waste from drinks cans, bottle tops and end-of-life vehicles into the premium cars of the future and reduce production CO2 emissions by up t ......read more

Munir Eldesouki, Assistant Minister, Ministry of Communications and Information Technology, tells Oxford Business Group    RIYADH, Kingdom of Saudi ARABIA, 24 August 2020:  Vision 2030, Saudi Arabia’s, gave the Kingdom of Saudi Arabia the resilience it needed to navigate through the COVID-19 global pandemic, according to insights given by H.E Dr. Munir Eldesouki, Assistant Minister, and Mrs. Daniah Orkoubi, Chief Economist, at the Kingdom’s Ministry of Communications and Information Technology, in recent interviews with Oxford Business Group’s online broadcasting channel, Global Platform.   Digitally enabled through more than a dozen nat ......read more

THC to expand its services to include scenic tourism and aerial work @AirbusHeli @thc_sa #MakingMissionsPossible   Riyadh, 20 August 2020 –  The Helicopter Company (THC), which is fully owned by the Public Investment Fund (PIF) of Saudi Arabia, today announced that it has signed a purchase agreement with Airbus Helicopters to purchase 10 H125 helicopters. The deal comes as part of THC’s commitment to further expand its fleet and introduce new services that fulfill market demand and support the development of the Kingdom’s wider aviation sector. Considered a multi-task aircraft, the Airbus H125 can carry up to six passengers and be easily reconfigured to ......read more

The largest packaged product mosaic (image) measures 157.7 m² and consisted of 8,600 items   20 August 2020 – Guinness World Records™ (GWR), the global authority on record-breaking achievements announced a new world record for The largest packaged product mosaic (image) measures 157.7 m² which was achieved by Funko (UAE) in association with Dubai Summer Surprises and Mall of the Emirates.  The brand-new title with a minimum requirement of 150 m2 is the first on-site adjudication GWR delivered in the MENA region since lockdown. The instalment, which consists of 8,600 packaged products, took 15 people and a total of 16 hours to complete, and was barrier ......read more

• New Abercrombie & Fitch and Hollister stores open in Saudi Arabia  • Store openings include the first Abercrombie & Fitch location in Riyadh • Each store launched with an online catalogue for shoppers to purchase from while social distancing     Riyadh, Saudi Arabia, 20 June 2020:   Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, has expanded its fashion retail business with new store openings across the region. In fact, the company has launched this month in Saudi Arabia two new stores from global specialty retailer Abercrombie & Fitch Co, brin ......read more

Successful Breakthrough Program, supported by agile response to Covid-19, have returned the Group to profitability for the first time since Q3 2016   Riyadh, Saudi Arabia, 18th August 2020: Shaker Group (“Al Hassan Ghazi Ibrahim Shaker Co.”, the “Company” or the “Group”), Saudi Arabia’s leading importer, manufacturer and distributor of Air Conditioners and Home Appliances, has announced its financial results for the 6-month period ended 30 June 2020.  Revenue of SAR 488.75 million improved by 8.4% from H1 2019. The Group recorded a first half net profit of SAR 1.79 million, compared to a net loss of SAR 38.68 million in H1 2019, and t ......read more

CLYMB™ is now officially home to the world’s largest indoor skydiving wind tunnel and world’s tallest indoor artificial climbing wall.   18 August 2020:  CLYMB™ Abu Dhabi, the new sports and leisure attraction on Yas Island, is awarded with two GUINNESS WORLD RECORDS™ titles for the world’s largest indoor skydiving wind tunnel at 10 meters (32 feet) in diameter and 54.6 m (179.2ft) high and the world’s tallest indoor artificial climbing wall reaching 42.16 m (138ft).  Launched on November 29, 2019, CLYMB™ Abu Dhabi provides guests with a unique experience, taking them to record-breaking heights. The two attractions are s ......read more

August 17, 2020:   Today, after careful deliberation, the IB will be making an adjustment to awarded results for the Diploma Programme (DP) and Career-related Programme (CP) May 2020 session, where applicable, using predicted grades and coursework (IA). Given the current unprecedented circumstances, using the IAs as the basis for awarding the updated grades provides an accurate and reliable reflection of an IB student’s performance. The IA grades are based on student coursework and assessed by trained independent IB examiners.     The IB confirms that no IB student will incur an overall point score decrease from the originally issued grades as a result of the ......read more

● German Sustainability Award Foundation awards prize for sustainable design for the first time ● As a resource-saving solution, GROHE Blue reduces water consumption, CO2 emissions and plastic waste ● Tackling the global plastic waste problem is an important component of GROHE's sustainability strategy   17 August 2020:  Having already been nominated for the 13th German Sustainability Award for companies, the global brand for complete bathroom solutions and kitchen fittings is now delighted to be nominated for the first German Sustainability Award Design 2021 for its GROHE Blue water system. A top-class jury of experts will decide on the finalists ......read more

Saudi start-up leading excavation, backfilling, and earthworks for Triple Bay Marina   The yacht club at Triple Bay   17 August 2020:   AMAALA, the ultra-luxury destination located along Saudi Arabia’s northwestern coast, has awarded the contract for excavation, backfilling, and earthworks to Duba-based startup, HASCO (Hasan Al-Harbi Corp.). As part of the contract, HASCO has deployed a team of 90 across Triple Bay Marina to manage the excavation of the AMAALA’s marina basin.   HASCO has also overseen the installation of critical infrastructure, including access roads, and the construction of on-site offices, following the initial p ......read more

Oxford Business Group and Saudi Payments launch new economic analysis    17 August, 2020 – Riyadh, Saudi Arabia:   A new Covid-19 Response Report (CRR) issued by Oxford Business Group, (OBG) in partnership with Saudi payments, revealed the success of the Kingdom of Saudi Arabia in benefiting from e-commerce, digital transactions and dealing with the challenges imposed by the Coronavirus, which contributed in supporting the recovery of the national economy, despite the quarantine policies and commercial lockdown during the last period. The CRR provides an in-depth analysis at the Saudi Arabia’s response to the challenges imposed by this pandemic, as ......read more

August 13, 2020:  Global average commercial insurance prices increased 19% in the second quarter of 2020, according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk adviser. The increase, the largest since the index was launched in 2012, follows year-over-year average increases of 14% in the first quarter and 11% in the fourth quarter of 2019.    As with the first quarter, average price increases were driven principally by increases in property insurance rates and financial and professional lines. Among other findings, the survey noted:   • Global property insurance was up 19% and global fin ......read more

Oxford Business Group and Saudi Payments launch new economic analysis    Riyadh, 13 August 2020:  A new Covid-19 Response Report (CRR) by Oxford Business Group (OBG), produced in partnership with Saudi Payments, charts the shift under way in the Kingdom towards e-commerce and digital transactions, which is expected to be instrumental in supporting the economy’s recovery.   The CRR provides an in-depth analysis of Saudi Arabia’s response to the coronavirus in an easy-to-navigate and accessible format, focusing on key data and infographics relating to the country’s socio-economic landscape.   The Kingdom’s national payment infrastructu ......read more

A CULT WATCH INITIALLY CREATED IN 1985 A SQUARE INSIDE A CIRCLE AN EXTRAORDINARY DESIGN AN EXTROVERT AND UNISEX WATCH A COLLECTION  August 13, 2020:  Produced in steel, yellow gold, pink gold and set with diamonds, the Pasha de Cartier collection includes many models, incorporating fine jewellery pieces and fine watchmaking creations with skeleton versions. With its distinctive codes and extraordinary design, the Pasha watch is for those who think big. A broad worldview which echoes a whole new generation of successful talent. Their success is reflected in new, unique and diverse creative projects being launched in 2020 that set them apart from previous generations. A ......read more

•         Bilfinger first digitalization contract in the Middle East  •         Objective is to analyze and optimize the operation of chiller modules with the help of BCAP (Bilfinger Connected Asset Performance)  •         Location: Saudi Arabia, Riyadh August 13, 2020:  Babcock Borsig Service Arabia Ltd. has signed its first digitalization contract with Saudi Tabreed Operations & Maintenance Company. This is the first digitalization awarding secured by Bilfinger Middle East for the region. Saudi Tabreed, a highly experienced district cooling scheme operator in the Kingdom of S ......read more

BCG's telco focused consumer behavior study found that 53 percent of respondents in the Kingdom of Saudi Arabia expects the changes in consumption trends to continue beyond the lockdown, highlighting the importance of telco services in the Kingdom   Riyadh, August 13 2020: The COVID-19 pandemic and the ensuing lockdown have significantly impacted telco consumers' behavior in the Kingdom of Saudi Arabia (KSA). A new study conducted by Boston Consulting Group (BCG) highlights the key trends that are expected to continue or amplify beyond the current crisis. The study, which was conducted in 13 leading digital nations surveyed consumer actions and perception of telco ser ......read more

August 13, 2020:  This year Pandora has celebrated 20 years of storytelling through jewellery and next month our Pandora Moments charm bracelet will stand in the spotlight as the ultimate style tool for self-expression. Defining your signature style is a powerful way to creatively express yourself and and a part of Pandora’s DNA. The Pandora Signature collection takes centre stage in August, with new pieces a fresh take on beloved Pandora design elements such as the Pandora logo, cut-out hearts and sparkling pavé, combined with geometric details and exceptional craftsmanship. Inspired by the designs of winding staircases, futuristic buildings and gravity-defying sculp-tur ......read more

13 August 2020:  Commenting on the publication of an open letter to the UN Secretary-General urging them to take action to deal with the FSO SAFER oil tanker and stop a humanitarian and environmental catastrophe off Yemen, Greenpeace MENA Executive Director Zeina Alhajj said: “Time has run out on doing nothing to avert the looming social and ecological disaster that is the FSO SAFER oil tanker. Inaction is no longer an option. “The UN is our last, best hope of averting a catastrophic oil spill in the Red Sea. It has all the influence and expertise to solve the problem and Greenpeace urge the Secretary-General to make repairing the tanker and removing the million barrels ......read more

• In March 2021 Jaguar will celebrate the 60th anniversary of the iconic E-type  • Jaguar Classic is creating six limited-edition matched pairs of restored 3.8 E-types  • E-type 60 Edition specification includes commemorative detailing and exclusive paint colours, paying tribute to two of the most famous examples: ‘9600 HP’ and ‘77 RW’ • The E-type 60 Collection is available to order now. Customers interested in this unrepeatable opportunity should contact Jaguar Classic directly: www.jaguar.com/classic, +44 (0) 2476 566 600, sales@classic-jaguarlandrover.com • For regular updates from Jaguar Classic, including the progre ......read more

Independent verification of this industry-leading range highlights Lucid Motors’ in-house engineering of advanced EV drivetrains, battery packs, and more   August 12, 2020:   Lucid Motors, which seeks to set new standards for sustainable transportation with its advanced luxury EVs, today announced independent range verification of 517 miles on a single charge for its forthcoming Lucid Air all-electric sedan.  This new benchmark range was secured with FEV North America, Inc. in Auburn Hills, Michigan, applying the EPA's Multicycle Test Procedure (SAE J1634 Oct 2012 Standard) with the standard adjustment factor. The results confirm that the Lucid Air is the ......read more

August 12, 2020:   Following the successful launch of its first ever Hijri calendar wristwatch, the Tonda 1950 Tourbillon Double Rainbow and the Toric Tourbillon Slate, Parmigiani Fleurier is proud to announce the new Tonda GT. The Maison’s dress watches have long been revered among collectors for their elegance and fine craftsmanship, the result of its in-house manufacturing prowess combined with Michel Parmigiani’s master watchmaking talent and commitment to excellence.  This commitment continues in this new introduction, a line designed to appeal to the modern gentleman looking for a watch he can wear on every occasion.   Three distinct sporty, yet el ......read more

Saudi - August 11, 2020:  Landmark event is supported by Saudi Government, powered by the Ministry of Communications and Information Technology (MCIT) and will host leading global tech companies LEAP 2021 integral to boosting foreign investment in the transformative Kingdom, elevating the digital economy’s contribution to non-oil GDP by US$13 billion, and empowering women in tech Transformative event for disruptive, star-gazing entrepreneurs with Saudi venture capital funds committing USD billions to transform domestic and global startup economy Riyadh, KSA – 11 August, 2020: Saudi Arabia has revealed ambitious plans to transform the Middle East’s technology s ......read more

Intensifying Urban Mobility Challenges Emphasize The Need For An Overhaul Of Public Transport Services, Says New Report By BCG and HSG   Dubai / Riyadh, August 11, 2020: Traffic systems worldwide are broken, and countless cities across all continents are being confronted with mounting urban mobility challenges year-on-year, with congestion, carbon emissions, space, and road accidents all becoming increasing causes for concern. Although several new mobility solutions are poised to address these issues beyond 2030, determining which solutions to adopt for each city has been unclear until now, according to a new report by Boston Consulting Group (BCG) and the University of St. Gallen ......read more

August 09, 2020:  As the world slowly resumes to the ‘new normal’, getting back to your old makeup habits may be tricky, especially with your mask on almost everywhere. Hourglass has curated the top products to create a quick no-makeup makeup look.   Start off your look with the Hourglass Veil Mineral Primer, to elevate your foundation to unprecedented performance. With a texture unlike any other, this oil free primer not only creates a smooth, even canvas for makeup, but also conceals redness, minimizes the appearance of pores, fine lines and wrinkles, and provides broad spectrum spf 15 protection, all in a supremely airy, silky, cloud-like texture.    PR ......read more

Saudi - August 09, 2020:  Focusing keenly on their growth in the Kingdom, The Ascott Limited continues its niche brand offerings as an exclusive ‘hotel apartment’ destination for business and leisure travellers in Jeddah. Catering to a wide sector of both long and short stay guests, the properties, namely Ascott Sari Jeddah, Ascott Tahlia Jeddah, Citadines Al Salamah Jeddah and Spectrums Residence Jeddah offer exquisite living spaces with comprehensive facilities for business and leisure travellers who enjoy a global lifestyle. Early birds planning a trip to Jeddah in the second half of the year, can avail up to 25% off on bookings at the-ascott.com/offers ...read more

August 09, 2020:   A flying tourbillon shines amid an aventurine sky, adorned by a gem-studded rainbow to make up the ultra-thin Tonda 1950 Moonbow, a new timepiece presented by Parmigiani Fleurier. « Whoever learns to observe acquires art. » These words, taught to young Michel Parmigiani by his father, summarize the philosophy of the Parmigiani Fleurier manufacture. The Tonda 1950 Moonbow draws inspiration from two phenomena only apparent to a careful observer and re-imagines a lunar rainbow, or moonbow, on the bezel and a spiral galaxy on the dial. Its flying tourbillon is reminiscent of a spiral galaxy and dances amid celestial beings on an aventurine sky, ca ......read more

Football star Omar Al Somah joins initiative to welcome back Saudi football season; hosts bespoke filter to celebrate the return  KINGDOM OF SAUDI ARABIA - August 09, 2020:   Instagram is welcoming the Saudi football season back with a brand-new initiative - #ThereinSpirit - that seeks to encourage fans to come together and in a single voice, share their love of the game in creative ways. To help fans express their excitement, Instagram has partnered with popular footballing star Omar Al Somah (@somah) to launch a voice-activated AR filter, tailor-made for its Saudi users, that will allow fans to bring their best stadium cheer to the platform.  With Sa ......read more

Saudi, August 06, 2020:   Being the first of its kinds in the city, Ascott Rafal Olaya Riyadh continues to create a benchmark for the serviced residence industry with its niche offerings. Part of the portfolio of the leading international lodging owner-operators ‘The Ascott Limited’, the property features the most exclusive amenities. Offering luxuriously adorned and spaciously furnished Studio, One and Two-bedroom hotel apartments, comprehensive facilities include the city’s first outdoor swimming pool dedicated to women on the 27th floor, along with other health & leisure facilities and a comprehensive conference room. For business travellers, the property i ......read more

HONOR Successfully Expand International Business into PC and Wearable category, Experience Consistent Growth in Russia and Made Solid Progress in Sales and User Registration at HIHONOR.com    August 06, 2020:  Huawei, has announced its business results for the first half of 2020. The company generated CNY454 billion in revenue during this period, representing a 13.1% increase year-on-year, with a net profit margin of 9.2%[1]. Huawei's carrier, enterprise, and consumer businesses achieved CNY159.6 billion, CNY36.3 billion, and CNY255.8 billion  in revenue, respectively. As part of the Huawei Consumer Business Group's dual-brand strategy, global technology bra ......read more

REBOOT FOUNDATION   #REBOOTBYMAKEUPFOREVER     24 Hour Benefits – Weightless Satin Finish – Buildable Light to Medium Coverage   REBOOT your skincare with MAKE UP FOR EVER! Launched this April, the latest in skincare revolution. A complexion product with a dual-action benefit. Created by makeup artists for you.   REBOOT combines skincare and foundation in one bottle and instantly corrects the five visual effects of skin fatigue, thanks to an exclusive combination of makeup and skincare making your morning routine easier than ever! Tired, dull and dehydrated skin is a thing of the past with REBOOT as the active ingredients work o ......read more

• After more than 150 days, Panasonic Jaguar Racing head to Berlin Tempelhof, Germany for the final six races of season six of ABB FIA Formula E  • The pacesetting Jaguar I-TYPE 4 will line up for six races in an incredible nine days on three different track layouts for the most intense finale in motorsport history • Mitch Evans sits second in the ABB FIA Formula E drivers’ championship  • Panasonic Jaguar Racing are third in the ABB FIA Formula E teams’ championship • Tom Blomqvist announced as the reserve driver for Panasonic Jaguar Racing  • Lights go green for the Berlin E-Prix at 19:00 local time (CET) on 5 August ......read more

The conference discusses real estate challenges and solutions post COVID-19 and cements cooperation between the UAE and KSA 3 August 2020:   The Dubai Real Estate Institute (DREI) in Dubai Land Department (DLD) is organising the first virtual real estate conference titled ‘Real Estate post-COVID-19 – Challenges and Solutions,’ in cooperation with a number of entities in the KSA. The conference, which will be held on 23 – 24 August, will witness the participation of a group of real estate speakers and experts from both countries. The sessions will be held through modern technology that supports the remote organisation of conferences and exhibitions. T ......read more

Saudi Arabia,  July 29, 2020:  In preparation for this year’s Hajj, the Ministry of Transport has completed the maintenance of about 491 km of roads leading to Makkah and has assigned buses for each pilgrim group with full precautionary measures.   These steps follow the directives of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness the Crown Prince with the support and supervision of Prince Khaled Al-Faisal, Adviser to the Custodian of the Two Holy Mosques and Governor of Makkah Al Mukaramah Province, and the follow-up of Eng. Saleh bin Nasser Al-Jasser, Minister of Transport, to serve the visitors of the Holy House of Allah ......read more

Areej Al Hammadi claimed the title for Most football 'hotstepper' ball control tricks in one minute Walid Yari raised the bar on Most side jump push-ups in 1 minute Records announced at the launch of Guinness World Records Day 2020 Assets available to download here: Areej Al Hammadi: video + photos Walid Yari: video + photos   29 July 2020 - Dubai, United Arab Emirates: Guinness World Records (GWR), the global authority on record breaking achievements, can today announce that the player of the UAE National Football Team, Areej Al Hammadi breaks the Guinness World Records title for Most football 'hotstepper' ball control tricks in one minute completing 86 repet ......read more

• Revenue grew 6.2% to reach SAR 73.2 million for Q2 2020, and 7.9% to reach SAR 148.4 million for 1H 2020 • Earnings before tax (EBT) of SAR 28.5 million, at margin of 38.9% • Net real estate financing portfolio grew by 9.56% or SAR 305.6 million • New disbursements across the lending book increased by 22.32% • Amlak completed its listing on Tadawul in July, under ticker symbol 1182   Riyadh, Saudi Arabia, 29 July 2020: Saudi Arabia’s leading non-bank real estate lender, Amlak International (“Amlak” or the “Company”), has announced its financial results for the period ended 30 June 2020. Net income grew by 20.9% y ......read more

• Siemens Energy to supply 20 compressor trains for a critical gas project in the Kingdom of Saudi Arabia (KSA) • The project will enable the operator to manage its surplus gas volumes efficiently to meet seasonal demands     July 29, 2020:  Siemens Energy was selected to provide centrifugal compressor systems for Saudi Aramco’s Hawiyah Unayzah Gas Reservoir Storage (HUGRS) project. The plant includes a gas injection facility with a capacity of 1,500 million standard cubic feet per day (MMSCFD) (42,475,270 cubic meters per day, or m3/d) and a withdrawal facility capable of processing up to 2,000 MMSCFD (56,633,693 m3/d) of gas.    ......read more

July 29, 2020: Watches & Wonders is coming to Shanghai for the first time. Eleven brands will exhibit at this leading watch fair, to be held September 9th to 13th, 2020 at the West Bund Art Center – a unique opportunity for visitors to immerse themselves in Watchmaking Excellence and also be first to view the brands' new releases for 2020.    Watches & Wonders is making its Shanghai debut. This leading watch fair, which will observe strict Health and safety measures, will take place September 9th to 13th, 2020 at the West Bund Art Center. By invitation only, this exclusive event is where media, retailers and clients can experience the fabulous world of fine ......read more

Score deals on the latest HONOR devices    RIYADH, KSA, July 28, 2020:   Young consumers looking to upgrade their smart devices can rejoice with the latest new offerings from global technology brand, HONOR. With intelligent features and accessible price points, HONOR smart devices are the perfect gift to celebrate Eid. Smartphone users will be particularly interested in the coveted options now available from HONOR.    Offering the latest next-generation technology at an irresistible price, users can be rewarded with desired upgrades across photography, design, and performance with the newest HONOR devices.    KSA - The newly laun ......read more

Oxford Business Group launches landmark analysis of key region in Saudi Arabia   Dubai, United Arab Emirates, July 28, 2020: The key role earmarked for the Medina region of Saudi Arabia in driving growth across the non-oil sector of the Kingdom’s economy is mapped out in a new report by the global research and advisory firm Oxford Business Group (OBG), produced in partnership with Al Madinah Regional Development Authority. The Report: Medina 2020 puts the new Al Madinah Region Strategy 2030 under the microscope, looking at its objectives, while analysing the way in which they dovetail with the social and economic targets laid out in Vision 2030, Saudi Arabia’s ......read more

 27th July 2020: Instinctif Partners and Advert One have completed their role in providing strategic communications counsel and public relations to Saudi Arabia’s leading non-bank real estate lender, Amlak International, for its IPO on the Saudi Stock Exchange. Established in 2007 and headquartered in Riyadh, Amlak offered 30% of its equity at a price of SAR 16, raising approximately SAR 435 million. The IPO was oversubscribed by almost 5x by institutional investors and by nearly 27x by retail participants. On their first day of trading, Amlak’s shares were well-received by investors and rose in price by their regulatory 10% limit.  Amlak International is Saudi Arabi ......read more

• Jaguar Racing publish new episode of its new video podcast series - ‘RE:CHARGE @ Home’  • In the latest episode, Amanda Stretton introduces the VIP drivers who will compete in the Jaguar I-PACE eTROPHY Lockdown Showdown in Berlin     27 July 2020, Dubai, United Arab Emirates: Jaguar Racing has released the latest episode of ‘RE:CHARGE @ Home’ – the new video podcast series. Available across YouTube, Spotify, Apple and Google Podcasts this episode introduces the VIP drivers who will compete in the Jaguar I-PACE eTROPHY Lockdown Showdown in Berlin.    During this episode, Amanda Stretton speaks to Michelin VIP ......read more

AQUA RESIST   #LIVEINTENSELY       Dubai, United Arab Emirates, July 27, 2020:   AQUA RESIST is the ultimate waterproof and long-lasting range of eye products, co- created with makeup artists and tested in extreme conditions to guarantee absolute staying power. Legendarily innovative, these high-performance products last 24 hours* and are waterproof, smudge-proof, sweat-proof, humidity-proof and climate- proof, for a look that is 100% life-proof. The reinvention of the Aqua legacy features 2 new products: Aqua Resist Colour Pencils and Aqua Resist Smoky Shadows.    NEW: Aqua Resist Colour Pencil: Full-Impact Gliding Eye Liner ......read more

July 27, 2020:  This Eid leave the stress on The BodyShop to amaze all your near and dear ones with their amazing Gift Sets. They're packed with fragrant, warm and sensual bath and body treats to spritz and slather. The BodyShop has free home delivery for a limited period!!! It's a win-win deal! CELEBRATED EID & TOGETHERNESS Order Now & Enjoy Free Delivery >>> https://www.thebodyshop.ae/ Cash on Delivery available. Available In-Store & Online.         ...read more

A journey from spectacular 84.10 carat rough to extraordinary collection of D Flawless diamonds July 26, 2020: Mouawad has revealed the journey of the incredible Mouawad Botswana Diamond, from spectacular rough crystal to extraordinary collection of six D Flawless diamonds. Discovered deep within the Karowe mine in Botswana, a spectacular 84.10 carat type IIa D colour rough was unearthed as a true wonder of nature and acquired by Mouawad in late 2018.   Approximately three billion years old, type IIa diamonds are estimated to have formed at a depth of up to 600km below the earth’s surface and are highly sought after for their pure, nitrogen-free composition tha ......read more

Agreement focuses on capacity building to support development of the Internet via trainings, meetings and workshops Partnership also highlights collaboration in the academic sector and Internet measurement tools 23 July 2020: The Réseaux IP Européens Network Coordination Centre (RIPE NCC) and the Communication & Information Technologies Commission (CITC), the Kingdom of Saudi Arabia, have signed a Memorandum of Understanding (MoU) to work towards a stable and innovative Internet in the Kingdom of Saudi Arabia (KSA) and the Middle East Region. The MoU highlights collaboration in the areas of capacity building for the development of Internet infrastructure through training course ......read more

Pablo Larrazabal joins Adri Arnaus as Golf Saudi’s newest international ambassador  21 July 2020, Riyadh, Saudi Arabia:  Golf Saudi has confirmed that Pablo Larrazábal is the latest professional player to join their ranks as an international golfing ambassador. The in-form Spaniard joins his fellow compatriot Adri Arnaus from the European Tour and Britain’s Amy Boulden and Sweden’s Camilla Lennarth from the Ladies European Tour, in representing Golf Saudi in its extensive efforts to promote the Kingdom of Saudi Arabia internationally as an exceptional golfing nation. Born in Barcelona, Pablo Larrazábal started playing golf aged five and under ......read more

Did you know that diet can do wonders for your skin?    July 21, 2020:   We all know that eating healthy can benefit our skin. It brings in hydration, the nutrients and vitamins that we need, and overall makes our skin look and feel amazing. So not only do many of us eat healthy for our overall health, but for our skin, too!  And this is where the skincare diet begins. Since we're so focused on eating healthy foods, we completely look past at the idea of skincare diet. And believe it or not, it can even make a bigger impact on our skin, since we're putting the premium ingredients straight onto our body.  Olay’s game-changing fa ......read more

Riyadh, KSA, 21 July 2020 – Saudi Arabia’s real estate sectors remained soft during quarter two, although the residential market remained somewhat active and saw several key projects delivered across the Kingdom’s major cities, according to JLL’s 2020 mid-year review report. The report, however, highlighted that in the short-to-mid-term, delays in the handover of projects can be expected, as the higher VAT imposed (effective 1st July) is expected to increase the cost of residential developments and sale prices. To counter the impact, the Minister of Housing has agreed to absorb the increased VAT for first time buyers on unit's worth SAR 850K or less, in an e ......read more

Every two years, ‘World Defense Show’ will feature latest innovations in interoperability across air, land, sea, security and satellite defense systems    Riyadh, Saudi Arabia, 16 July 2020: Today the Kingdom of Saudi Arabia’s General Authority for Military Industries (GAMI) announced the launch of ‘World Defense Show’. The show will take center stage in the global defense show circuit, offering exhibitors and visitors the opportunity to participate in Saudi Arabia’s first truly integrated defense show. Founded by GAMI, World Defense Show is focused on interoperability across air, land, sea, security innovative defense technologies and ......read more

July 18, 2020:  Huawei announced its business results for the first half of 2020. The company generated US$64.23 billion in revenue during this period, a 13.1% increase year-on-year, with a net profit margin of 9.2%.[1] Huawei's carrier, enterprise, and consumer businesses achieved US$22.58 billion, US$5.13 billion, and US$36.19 billion in revenue, respectively. As countries around the globe are grappling with the COVID-19 pandemic, information and communications technologies (ICT) have become not only a crucial tool for combatting the virus, but also an engine for economic recovery. Huawei reiterated its commitment to working with carriers and industry partners to maintain stabl ......read more

Pandora and brand Muse Halima Aden unite in support of UNICEF, as the Marley family reimagine iconic anthem One Love for global fundraising appeal.   July 16, 2020:   Model and activist Halima Aden has come together with Pandora in support of UNICEF’s One Love initiative, to reimagine a world fit for all children. With the goal of preventing the COVID-19 pandemic becoming a lasting crisis for the world’s most vulnerable children, Pandora will match every dollar donated through One Love up to the value of US$1 mil-lion. Members of the Marley family are re-recording the late Bob Marley’s iconic anthem One Love in support of UNICEF. Tuff Gong Internatio ......read more

Industry Roundtable Identifies Increased Investment and Co-Creation as Essential to Helping Meet the Kingdom’s Growing Digitization Demands   Kingdom of Saudi Arabia – 15 July 2020: During the virtual roundtable discussion hosted by Cisco, titled ‘Securing the Internet for the Future: Investing in the Road to Recovery’, telecommunication service providers and industry regulators explored key learnings from recent events and evaluated the capability to meet expected demands of future work and communication.   Attendees included Ali Amer – Managing Director, Service Provider Sales, Cisco MEA; Hisham Alsheikh, Deputy CEO of the e-Government Pr ......read more

— New and enhanced rebates; Increased flexibility across program tiers; and new deal registration benefits, all coupled with an innovative, partner-ready product portfolio positions partners to grow, profit and be future ready —   July 15, 2020:  Commvault (NASDAQ: CVLT), a recognized global enterprise software leader in the management of data across cloud and on-premises environments, today announced the launch of its enhanced Partner Advantage program, creating a path for partner future readiness built on industry-leading intelligent data management solutions and a commitment to innovation.  With the evolution of the program, partners will receive a rang ......read more

56 consecutive step-ups in 30 seconds were enough to secure the title   15 July 2020 – It took Mahmoud Mohamed Ayoub 30 seconds in front of the renowned Hibs Temple in Elkharga, Egypt to complete 56 step ups on a training bench. This led him to being recognised by Guinness World Records (GWR) as a new world record, breaking the previous record stood at 51 The 23-year old Egyptian national appeared in a video performing an Official Attempt for Most aerobic step ups in 30 seconds, witnessed by coaches and fellow alumni members. The global authority on record-breaking achievement said Mahmoud Ayoub has a potential to become a serial Guinness World Records titles breaker. As a ......read more

July 15, 2020:  Beyond the luxury, beneath the razzmatazz of the runway -  AIGNER continues its legacy with the recognize horsehoe has graced every AIGNER accessory. This collection is an ode to the eterinal constant that has been adding the toch of fortune and opulence to AIGNER timepiece and jewellry. A vivacious and brazen timepiece that carries regal bearings of the AIGNER DNA, Ferrara is one of the frontrunners in the gents collections. Its unique bezel and case add to its distinctive appeal with the structural silhoutte balancxed by flawlessly positioned details. Paired with a bworn leather strap, the timepiece makes fo a great gift this ffestive season and is available ......read more

Saudi, July 14, 2020: The Diplomatic Quarter General Authority has recently partnered with the leading integrated ICT Infrastructure service provider in the Kingdom, TAWAL, for the development of the area’s telecommunication infrastructure. The strategic partnership is first of its kind in Saudi Arabia through which TAWAL will be managing the ICT infrastructure and dealing with the mobile network operators in fulfilling the Diplomatic Quarter’s requirements. The agreement was signed by the CEO of the Diplomatic Quarter General Authority Dr. Fahad bin Hussein Bin Mushayt and the CEO of TAWAL Eng. Mohammed bin Abdulaziz Alhakbani. The partnership witnessed the attendance of of ......read more

July 12, 2020:   The new High Jewelry collection by Cartier reveals a nature that is more real than nature itself, freed from reality's constraints. The starting point for this collection reveals a creative path linking figuration with abstraction: Water, flora and fauna as part of the supernatural. On one side, water, plants and animals. On the other, creations, which emanate from these sources but retain only their spirit, stylizing this primary energy in a multitude of details. The roundness of a plant form bursting with flavor, colored spots coming together to form an unreal animal coat or a series of glistening ice crystals.   As with every High Jewel ......read more

Riyadh, Saudi Arabia: 12 July 2020:  NCB Capital, the Financial Advisor, Lead Manager, Bookrunner and Underwriter of Amlak International’s IPO announced the completion of the allocation of shares for individual (retail) subscribers. NCB Capital said that after closing the subscription period for the retail tranche, all receiving banks completed the settlement and auditing process on Sunday evening, 14/11/1441H corresponding to 5 July 2020G, in accordance with the closing date of the subscription process. The coverage ratio for the retail offer was 26.90x of the total shares offered to individual subscribers, which amounted to 2,718,000 shares, representing 10% of the total shares ......read more

Mandatory mask wearing will protect travellers and workers People need to learn to live with COVID-19 until a vaccine is widely available July 11, 2020:  The World Travel & Tourism Council (WTTC) has called upon all travellers to don protective face masks to show they ‘wear to care’ in the new normal of travelling. As countries transition from lockdowns to reopening their borders, the wearing of face masks helps signal the return of safer travels, while also providing personal protection for users as well as those around them. The advice from WTTC in favour of mandatory mask wearing comes from evidence that countries which are recovering faster and avoid se ......read more

“I would have never attempted a record if I didn’t move to Dubai,” says the Indian national   9 July 2020 – A total of 101 hops over a stationery ruler brought Soham Mukherjee, a 17-year old from New Delhi, a Guinness World Records title. The Dubai-based Indian national managed to break the previous title of 96 for Most side to side hops in 30 seconds.  In a video taken in his bedroom, Mukherjee completed 110 hops in total with 9 deemed invalid according to the global authority on record breaking, recording the same with two phone cameras. “The record was measured by a close-up slow-motion video, so that the line object and my feet are cl ......read more

July 08, 2020:   Hey beauty lovers, we have big news for you! THE SEPHORA SQUAD IS HERE! We are proud to announce the official launch of the SEPHORA SQUAD program. The most anticipated moment for everyone who lives for beauty (us included). 18 of the most authentic voices in the region, inspiring beauty content creators and trendsetters, who will share their passion for beauty and give you their favorite tips and tricks in makeup, skincare and fragrances. Meet the SEPHORA SQUAD and get to know their top 3 beauty picks from SEPHORA. We promise you this is just the beginning of an amazing journey of beauty.         Asya Shah - @aaqsha:  D ......read more

● LIXIL EMENA has set itself the goal of creating plastic-free product packaging for its GROHE brand by 2021 ● Thanks to the initiative, approx.10 million plastic packaging could already be saved until today ● Cooperation with Pacific Garbage Screening (PGS) supports common vision to reduce the environmental impact of plastic waste   7 July 2020 -  In 2018, GROHE, a leading global brand for complete bathroom solutions and kitchen fittings, launched its initiative to replace plastic in product packaging with more sustainable alternatives. Until today, approximately 10 million items of product packaging made from plastic could be eliminated; by 2021 ......read more

Global Business Group Lays Out Plan for Addressing Resurgence from Pandemic and Issues Call to Action for Collaboration      July , 2020, Riyadh, Saudi Arabia --- B20 Saudi Arabia, the official voice of business to the G20, today announced a six-point plan designed to combat the current global pandemic and lay a foundation to address future resurgences of the disease, including a potential “second wave” of the virus in the coming months. The warning comes in concert with the launch of a new special report by B20, which was developed in collaboration with business leaders and leading multilateral organizations around the world.    B20 wanted ......read more

Dubai, United Arab Emirates, July 7, 2020:  Webedia Arabia Group, a leading media and technology company developing strategic, insight-driven, culturally-led and creative content for Arab Consumers, announces Netflix’s licensing of the popular Saudi drama series, Takki, which is now available for viewing on the platform.   Produced by UTURN which is part of Webedia Arabia Group, the dramatic series follows the story of a young Saudi film director following his dream of what was once a ban of cinemas in the Kingdom and several other social issues such as women not being able to drive at one point in time. It reflects facets of the Saudi society and the social challenge ......read more

• Total retail coverage at 2,690% • Institutional book build achieved coverage of 498% • Successful IPO demonstrates investor confidence in Company fundamentals and long-term attractiveness of Saudi capital market     Riyadh, Saudi Arabia: 7th July 2020:  NCB Capital, Financial Advisor, Lead Manager, Bookrunner, and Underwriter for the IPO of Amlak International has announced that the offering of the Company’s shares was completed on Sunday 14/11/1441H (5 July 2020G), after finalising the retail subscription tranche, with coverage by individuals at a ratio of 26.90x. The total number of retail subscribers was 266,821, subscribing to invest S ......read more

Webex Adds More Capacity, Even More Security and Intelligent Insights and Simplifies Telehealth   News Summary:    • Webex platform sees unprecedented demand and more than triples its normal volume. • As the foremost trusted business continuity provider, Cisco invests in the resilience of Webex through continued expansion of global capacity.   • To ensure customers can easily and securely collaborate from anywhere, Cisco increases Webex security capabilities and adds new integration with Box. • Webex Control Hub’s intelligent and actionable insights help IT manage an enlarged remote workforce and a return to office.  ......read more

July 04, 2020:   Millie Bobby Brown can now add jewellery codesigner to an already impressive list of titles, which includes being the face of and ambassador for Pandora Me, when the latest range of jewellery launches globally on 2 July. Brown collaborated with Pandora’s designers and creative directors to codesign four dangle charms and an earring sold as a single stud as part of the range of new Pandora Me jewellery, inspired by Brown’s vision of summer. A star-fish, pineapple, flamingo, ocean wave and sea turtle are the symbols Brown chose to bring to life in her co-creations. Brown said she loved the process of co-creating the bold and colourful charms for the ......read more

Saudi-based pharmacy chain automates its treasury and payment systems, boosting efficiency and visibility as it plans regional expansion       July 2, 2020 – Infor, a global leader in business cloud software specialized by industry, today announced that Nahdi Medical Company, a Saudi Arabia-based pharmacy retail chain, has digitally transformed its financial management, payment systems, and financial planning with Infor Treasury Management.     This solution allows vast improvements to Nahdi Medical’s financial management and planning capabilities, placing the company in a strong position to expand its operations in line with Saudi Arabia’ ......read more

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