Mohamed Ghamdi
MBSC Celebrates a Remarkable Surge of Over 220% in 2024 Graduate Numbers
Jeddah, Kingdom of Saudi Arabia, 19 May 2024: In an unprecedented milestone, Prince Mohammed Bin Salman College of Business and Entrepreneurship (MBSC), the Kingdom’s world-class business school, celebrates over 220% increase in graduates in 2024, marking the largest graduating class to date with a total of 327 graduates in 2024 compared to 101 in 2023. This […]
Thakher Development: Handing Over “Novotel Residences Makkah” Units to Buyers in Preparation for the Hajj Season
Makkah, Kingdom of Saudi Arabia, May 19, 2024: Thakher Development Company, the master developer for the Thakher Makkah project, announced its readiness for the Hajj season by starting the delivery of residential units in the “Novotel Residences Makkah” tower, located approximately 1 km from the Great Mosque (Haram), and also provides easy access to the holy […]
THE NEW CONTINENTAL GT IS COMING
(Crewe, 17 May 2024) The new, fourth-generation Continental GT is to be unveiled in June, as the first car built around Bentley’s new Ultra Performance Hybrid powertrain. Delivering 782 PS and 1000 Nm of torque, combined with 50 miles (80 km) of electric-only range and a CO2 figure (WLPT) of under 50 g/km, the new Continental GT […]
New Murabba: A Destination for the Future Saudi of Urban Development
Riyadh, 18 May 2024: New Murabba – a PIF company – one of the leading players in Saudi Arabia’s giga-project landscape, solidified its commitment to shaping the future of Riyadh and global urban development at the recently concluded MENA Construction Summit Saudi Giga Projects 2024. The summit offered a comprehensive view of the US$880 billion […]
Deloitte Middle East and UAE Internal Auditors Association sign MOU at The Audit Summit in Abu Dhabi
Abu Dhabi, United Arabi Emirates – 17 May 2024: On the back of its participation as the Knowledge Partner of The Audit Summit that was held in Abu Dhabi 15 and 16 May, Deloitte Middle East announced today its Memorandum of Understanding (MOU) with the Internal Audit Association in the United Arab Emirates (UAE IAA), to […]
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THE BATUR CONVERTIBLE FROM BENTLEY SAUDI ARABIA – THE NEXT CHAPTER OF
LUXURY, PERFORMANCE AND PERSONALISATION, COACHBUILT BY MULLINER Saudi Arabia – 16 May 2024: Bentley Saudi Arabia today reveals the third coachbuilt Bentley of the modern era – the Batur Convertible. Created by Mulliner, Bentley’s in house bespoke division and the longest standing coachbuilder in the world, the Batur Convertible follows the exquisitely hand-crafted Bacalar barchetta and […]
EZDUBAI LAUNCHES FOURTH E-COMMERCE REPORT, HIGHLIGHTS KEY TRENDS SHAPING MENA E-COMMERCE MARKET
Dubai, UAE, 16 May 2024: EZDubai, the fully dedicated e-commerce zone in Dubai South, has launched the fourth edition of its ‘E-Commerce Report in the MENA Region 2023’ in collaboration with Euromonitor International, the world’s leading provider for global business intelligence, market analysis and consumer insights. The report revealed that the UAE’s total e-commerce market size […]
Splunk Celebrates Tenth Consecutive Time as a Leader in the 2024 Gartner® Magic Quadrant™ for Security Information and Event Management
Analyst Firm Names Splunk a Leader Based on its Completeness of Vision and Ability to Execute Riyadh, Kingdom of Saudi Arabia – May 15, 2024 – Splunk Inc., the cybersecurity and observability leader, today announced it has been named a Leader in the 2024 Gartner Magic Quadrant for Security Information and Event Management (SIEM)* for the […]
QFZ and FedEx Logistics Sign MoU to Establish a Regional Logistics Facility in Qatar’s Free Zones
Doha, Qatar, (May 15, 2024): Qatar Free Zones Authority (QFZ) and FedEx Logistics, a subsidiary of FedEx Corporation (NYSE: FDX), signed a Memorandum of Understanding (MoU) to facilitate the establishment of a regional logistics facility in Qatar’s free zones. The facility, which will operate under the company’s FedEx Trade Networks Transport & Brokerage division, will be […]
Nissan reports financial results for fiscal year 2023
YOKOHAMA, Japan (May 14, 2024) – Nissan Motor Co., Ltd. today announced financial results for the full year and the fourth quarter of fiscal year 2023, ending March 31, 2024. Full year financial results Nissan has strengthened its business foundation by steadily implementing key initiatives under the Nissan NEXT business transformation plan. In FY2023, the final year of the plan, despite a very challenging business environment, Nissan has been continuously improving the quality of sales in each market. Global sales remained at 3.44 million units […]
Eaton launches the 9395X UPS, an intelligent, space-saving, uninterruptible Power Supply (UPS) for the hyperscale and colocation data centre segment
DUBAI, UNITED ARAB EMIRATES – Eaton, the intelligent power management company, has opened a new state-of-the-art campus in Helsinki to boost its capacity to manufacture and supply Uninterruptible Power Supply (UPS) systems, including its latest product, the Eaton 9395X. Now in production at the company’s new state-of-the-art campus in Helsinki, Finland, the Eaton 9395X UPS occupies a footprint […]
CONTINENTAL GT V8, GTC V8 AND FLYING SPUR V8 LEAVE THE UK, EUROPEAN AND MEAI MARKETS
(Crewe, 13 May 2024) Bentley Motors is today confirming the retirement of its current-generation 4.0-litre twin-turbo V8 engine from the Continental GT, Continental GTC and Flying Spur model lines. The first regions to see the current V8 version depart will be the UK, Europe and MEAI, with other areas to follow later. While the current engine […]
“National Housing Company” and “Talaat Mostafa Group” Lay Foundation Stone for “Banan City” in Northeast Riyadh
The project’s expected revenues are projected to reach SAR 40 billion (approximately USD 12 billion) 11 May 2023 Riyadh, KSA: In a significant step forward for real estate development in Saudi Arabia, the National Housing Company (NHC), in collaboration with Talaat Mostafa Group – Saudi Arabia, marked a milestone with the foundation stone laying of […]
ACCIONA CELEBRATES 14 MILLION HOURS WITHOUT INJURIES DURING THE CONSTRUCTION OF THE AL KHOBAR 2 DESALINATION PLANT
WATER PRODUCTION The plant will have a daily capacity of more than 600,000 m³ and will provide a service to three million people in the area, making it one of the biggest in the country. RIYADH, APRIL 01 2024. ACCIONA has achieved fourteen million man-hours without lost-time injuries (LTI) at the Al Khobar 2 SWRO desalination […]
Ajman Bank sets New Record Jumping to 117.1 million up by 139% profit before tax (AED 107.4 million net profit)
Ajman Bank has reported an all time high quarterly profit in Q1 2024 of AED 107.4 million. This is on the back of a 7.0% increase in total operating income to AED 400.3 million as compared to AED 374.0 million in corresponding period of 2023, and net operating income of AED 194.8 million. Return on […]
Descon Engineering Leverages SAS Technology to Level Up Data Analytics and Business Decisioning
Dubai, United Arab Emirates, 09 May 2024: SAS, the leader in analytics, further fosters its long-standing relationship with the multinational engineering company Descon Engineering Limited. Descon has chosen SAS as its trusted partner to develop an innovative and highly customized solution that enables qualified analysis and decision-making based on reliable data. Recognized globally for its quality, […]
Taiba Investments joins FHS Saudi Arabia 2024 as Founding and Platinum Sponsor
Taiba Investments participated in Riyadh’s Future of Hospitality Summit as a Founding and Platinum Sponsor. FHS Saudi Arabia, the most significant investment event of its kind, brought together an exclusive group of government leaders, investors, owners, and operators in the hospitality sector. The summit took place at the Mandarin Oriental Al Faisaliah Riyadh Hotel from […]
Intelmatix Launches First Software Suite for (EDIX) Platform
Intelmatix, a deep tech AI company, has announced the launch of their first software suite of their Enterprise Decision Intelligence Platform (EDIX). The launch follows a yearlong pilot implementation with a group of partners, during which the platform demonstrated significant performance improvements. EDIX is the first platform, in the MENA region, that utilizes advanced AI […]
Saudi Arabia’s New Carrier Riyadh Air and AlUla partner to promote Saudi Arabia’s premier luxury heritage destination
Riyadh, Saudi Arabia – 8th May 2024: AlUla, the ancient oasis city in the northwest of Saudi Arabia, has entered into a strategic partnership with Riyadh Air, Saudi Arabia’s new world-class airline which has announced an ambitious target to fly to over 100 destinations by 2030. Having signed a memorandum of understanding (MoU) at this year’s Arabian Travel Market […]
Huawei and Emirates Soar to New Heights with Groundbreaking Cooperation Agreement
Dubai, UAE: 8 May 2024 – Huawei, one of the world’s global tech giants, and Emirates, a global airline leader, signed a Memorandum of Understanding (MoU) to solidify their cooperation. The signing ceremony took place on May 7th at the Emirates stand, at the Arabian Travel Market (ATM) 2024. In a move to strengthen their […]
New Laptops, Tablet, and More: Huawei Showcases Impressive Lineups at Innovative Product Launch Event
Alriyadh, 7 May 2024: Huawei has unveiled a series of exciting new products at its Innovative Product Luanch event on May 7th. The launch event, held at hotel Atlantis The Royal in Dubai, saw the presence of hundreds of journalists, and popular social media figures, and high ranking officials from across the globe. The new products […]
stc announced its interim condensed consolidated financial results for the period ending at 31 March 2024
stc Group net profit for the first quarter of 2024 increased by 44.5% as compared to the previous quarter, and by 5.69% as compared to the comparable quarter of last year, and it distributes SAR 0.40 per share dividends for the 1st quarter of 2024. Riyadh, May 8, 2024 Revenues for the 1st quarter of 2024 […]