Mohamed Ghamdi

KSA; March 09, 2021: Spurred by the desire to mitigate the impact of risky events like the COVID-19 pandemic on businesses, Protiviti conducted the first-ever Enterprise Risk Management (ERM) survey in the Middle East to help regional companies evaluate their ERM preparedness. Protiviti’s largescale ERM Readiness Assessment Survey included companies from across sectors like Government, Financial Services, Technology, Media and Telecom, […]

Positions Autodesk to offer end-to-end solutions for design, construction, operations and maintenance of water infrastructure Riyadh, Saudi Arabia, 9th March 2021 – Autodesk, Inc. (NASDAQ: ADSK) today announced it had signed a definitive agreement to acquire Portland, Oregon-based Innovyze, Inc., a global leader in water infrastructure software, for $1 billion net of cash subject to working capital and tax […]

Dubai, United Arab Emirates – March 9th 2021 –Bain & Company’s new survey of nearly 300 M&A practitioners shows that appetite for M&A remains robust, with about half of respondents expecting higher M&A activity in their industries in 2021. The survey also shows that M&A will continue to be a key strategic pillar for business, with […]

JEDDAH, Saudi Arabia (March 9, 2021) – On the occasion of International Women’s Day, Nissan Saudi Arabia conducted a special webinar for the students at Dar Al Hekma University, one of the leading female universities in Jeddah, Saudi Arabia. The discussion was led by Nissan KSA General Manager of Corporate Communication, Hatoon Bushnaq – one of the […]

Riyadh, KSA – March 09, 2021: Speaking to audiences during its recent participation in the third Women Enablement Summit hosted by the Ministry of Communications and Information Technology (MCIT), Huawei has stressed its support for more talent development programs for women in Saudi Arabia’s ICT industry as a means to close the gender gap. The summit itself […]

Kaspersky has become a sponsor of Aprilia Racing – one of the most successful teams in motorcycle racing history. The cybersecurity company’s logos will be placed on the team’s bikes for the entire 2021 season, starting with the first race in Qatar on March 28. The sponsorship comes as part of Kaspersky’s partnership with Aprilia’s […]

Riyadh, KSA; March 9, 2021: Saudi Real Estate Refinance Company (SRC), wholly owned by the Public Investment Fund (PIF), announced today the successful completion of its dual tenor SAR 4 billion (approx. USD 1.067 billion) Sukuk issuances. The issuance is part of the newly launched SAR 10 billion Saudi-Riyal Sukuk programme under which SRC will issue […]

Kaspersky researchers are reporting on phishing pages dedicated to the International Women’s Day gifts purchase. The fraudsters exploit users who wish to buy presents for women on International Women’s Day. In 2020, Saudi Arabia saw 3 million phishing attacks on users.   Fraudsters create phishing webpages to scam users by either pretending to be a legitimate service […]

IPG-JAGGAER survey identifies steady overall progress but also a “Covid-19” effect Dubai, United Arab Emirates, March 7, 2021: Procurement remains heavily weighted towards operational as opposed to strategic functions, but the latest survey conducted by Swiss-based innovation consultancy IPG Group and leading spend management technology company JAGGAER has identified an ongoing shift towards the strategic. Between July and October 2020, […]

Middle East, March 8, 2021: Huawei officially launched its HUAWEI Women Developers (HWD) program, which aims to empower women developers to create applications and tools that can change the world. The program is intended to encourage more women to join in technological innovation by providing participants with more opportunities and platforms for career development and skill training. […]

Philips is one of the first health technology companies in the world that has become fully carbon neutral in its operations New integrated Environmental, Social and Governance framework with targets and action plans builds on current success to raise the bar for the company’s ESG performance over the next five years  United Arab Emirates, Dubai  – Royal […]

This will strengthen the kingdom’s position as a leading regional business center Riyadh, March 7, 2021: stc has inaugurated the digital operations control center, which is considered the largest integrated operating center in the region with an area of more than 42,000 square meters that can accommodate about 2,300 employees. The ceremony took place in His Royal […]

The entire globe is currently undergoing one of the largest and most complex vaccination campaigns in history, and, not surprisingly, scammers and sellers on the dark market have been eager to make a profit off the process.  Kaspersky researchers examined 15 different marketplaces on the Darknet and found advertisements for three major COVID vaccines: Pfizer/BioNTech, AstraZeneca, […]

Sharper design with an even stronger Q identity Rear light cluster featuring new digital OLED technology New MMI touch-sensitive controls SAMACO Automotive Company, the exclusive distributer of Audi in Saudi Arabia, announced the arrival of the new Audi Q5 to its showrooms. One of the bestselling SUVs in the premium mid-size segment on European markets […]

Finastra publishes five-point plan to tackle algorithmic bias in consumer finance decision-making New KPMG report, commissioned by Finastra, examines the size of global consumer lending markets and the potential impact of algorithmic bias in society Finastra urges the financial industry to address the problem and work together to help solve it Dubai, UAE – March […]

Riyadh, 6 March 2021: Jadwa Investment, one of the region’s leading investment management and advisory firms, has signed a sale and purchase agreement to acquire The Boulevard Riyadh, a luxury retail and office complex in the north of Riyadh, for SAR 320 million, on behalf of Jadwa REIT Saudi Fund. The Boulevard Riyadh on Prince […]

DUBAI, UAE. March 03, 2021: HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has inaugurated the newly expanded regional HQ of VMware Middle East, highlighting the role of digital technologies in developing innovative services in the UAE and the entire region. VMware Middle East has expanded its regional HQ in Dubai Internet […]

HONOR True Wireless Earbuds are the Ideal Companion for Music Lovers to Enjoy RIYADH, 3 MARCH – People have had a love affair with music for generations: pleasing the mind with beats, patterns and vocals. Research has shown that the brain releases dopamine when listening to music, a chemical messenger in the body that occurs when […]

From MICRO LED and Samsung Neo QLED to monitors and lifestyle screens, Samsung redefines the role of the TV in the home with capabilities relevant to consumers’ new needs and personal interests Riyadh, Saudi Arabia – March 4, 2021 – Samsung Electronics Co., Ltd. showcased its 2021 lineup of MICRO LED, Samsung Neo QLED, lifestyle TVs, monitors, […]

Study Commissioned by Alteryx predicts transformational investments to spike in 2021  KSA — 4 March 2021— Alteryx, Inc. (NYSE: AYX), a leader in analytic process automation (APA), today revealed that insights from a newly-commissioned IDC Infobrief, which show that despite current economic challenges, businesses are investing in data-driven transformative technologies to make informed business decisions for the future. With […]

83% increase in app distribution and 33% growth of monthly active users mark a year of rapid growth for Huawei’s apps ecosystem. Riyadh, Saudi Arabia 03 March 2021: HUAWEI AppGallery, one of the top three app marketplaces globally, has reached several milestones on its ongoing development – one year on from revealing plans to expand its mobile ecosystem […]

2 March 2021 (Geneva) — The International Air Transport Association (IATA) announced that passenger traffic fell in January 2021, both compared to pre-COVID levels (January 2019) and compared to the immediate month prior (December 2020).  Because comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted all comparisons are […]