Mohamed Ghamdi

LG’S LATEST MONITORS PUT COMFORT AND CLARITY AT THE HEART OF THE HOME OFFICE EXPERIENCE
With UHD 4K Displays and Optimized Viewing Angles, LG UltraFine Display Ergo Monitors Promote Productivity and Peace of Mind DUBAI, March 10, 2021 – While 2020 ushered in a new era of remote working and e-learning, what at first seemed to be short term solutions have fast proved to be here for the long-run. Having experienced […]

World’s first-ever electric race eSkootr breaks cover
Carbon-fibre S1-X capable of 100km/h top speeds Ready for eSkootr Championship first season in 2021 Wurz: “We set aggressive design, performance and handling targets” London – UK, 1/3/2021:The eSkootr Championship (eSC) has officially unveiled the electric eSkootr that will contest the series’ first races in 2021. The cutting-edge eSkootr S1-X model has been developed and designed by […]

Wa’ed backs Postage, an express courier redefining ‘fast delivery’ in Saudi Arabia
March 10, 2021 – Postage, a last-mile logistics provider for businesses that is shortening the wait times for express deliveries in Saudi Arabia, has raised a seed investment from Wa’ed, the entrepreneurship arm of Aramco. The investment, through Wa’ed’s venture capital arm Wa’ed Ventures, will enable Postage to expand beyond its current hubs in Riyadh and […]

Major Middle East Companies Leaving Customers at Risk of Email Fraud: Proofpoint and Help AG Study
76% of the Top 100 companies in the Middle East are not proactively blocking fraudulent emails from reaching customers DUBAI, March 10, 2021 – Proofpoint, Inc. (NASDAQ: PFPT), a leading next-generation cybersecurity and compliance company, in collaboration with its strategic partner Help AG, the cybersecurity arm of Etisalat Digital, today released research identifying that almost a third (31%) of the […]

First-ever ERM diagnostic survey of regional companies by Protiviti highlights an imminent need for stronger risk management
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, […]

Autodesk to Acquire Innovyze, Inc. for $1 Billion; Provider of Smart Water Infrastructure Modeling and Simulation Technology
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 […]

the pandemic has hastened trends in dealmaking that were previously years away, including rapid digitalization of the dealmaking process
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 […]

Nissan KSA Celebrates International Women’s Day with Top Saudi University
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 […]

Huawei working to bolster the participation of women in Saudi’s ICT industry
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 […]

Tandem wheelie: Kaspersky becomes sponsor of Aprilia Racing and partners with Piaggio Group
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 […]

Saudi Real Estate Refinance Company issues SAR 4 billion sovereign guaranteed Sukuk under its SAR 10 billion Sukuk programme, providing liquidity to the Saudi housing market
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 […]

8 March scams: Treat the women, not the scammers
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 […]

Organizations view procurement as increasingly strategic
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, […]

HUAWEI Women Developers Program Drives Technological Innovation
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 meets its ‘Healthy people, Sustainable planet’ targets and forges ahead with an integrated ESG framework
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 […]

stc launches the largest Digital Operations Control Center in the MENA
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 […]

COVID-19 vaccines for sale on the underground for $250 to $1,200
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, […]

SAMACO Automotive announces the arrival of the new Audi Q5 with its new design
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 […]

Financial industry must tackle gender bias in algorithms, according to global fintech leader, Finastra
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 […]

Jadwa REIT Saudi Fund Acquires The Boulevard Riyadh
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 […]

VMware expands its regional HQ in Dubai to support national transformation plans
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 […]

Pair Up and Play On With Uninterrupted Sound from HONOR
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 […]
