Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
51% of companies have no business continuity plan to combat coronavirus outbreak: Mercer study finds
More than half of companies (51%) around the world have no plans or protocols in place to combat a global emergency, such as coronavirus (COVID-19), a study by global consultancy firm Mercer has shown. Commenting on the role of businesses during times of ambiguity, Nuno Gomes, Head of Career at Mercer MENAT stated: “Organisations must […]
TVs, phones, and a lot more: Samsung showcases what’s in store for the region at the MENA Forum 2020
Samsung Electronics Middle East and North Africa (MENA) today shared its new lineup of advanced innovations at its latest MENA Forum in Malta, all of which have been designed with a human-centric approach to solve problems and enhance people’s lives. The MENA has emerged as key market and major hub for technology innovation having witnessed […]
AIM 2020 to highlight need for innovative strategies to address global economic challenges
The 10th edition of the Annual Investment Meeting (AIM 2020), the world’s leading investment platform, will highlight the changing global investment landscape and the need to develop work mechanisms and innovative investment strategies that help facilitate FDI flows into global economies, to promote sustainable economic growth, particularly in light of the global FDI decline under […]
Huawei commits to empower 10,000 Saudi ICT talents by 2023
Huawei has reiterated its commitment to developing talent within the Kingdom’s ICT sector in line with the goals of Vision 2030. Having recently celebrated the first anniversary of launching its Saudi Talent Enabling Program (STEP), Huawei has reconfirmed the program’s aim to benefit 10,000 local talents by 2023. The STEP program focuses on training, enabling, […]
The UAE accelerates digital efforts to become the World’s Leading Economy
The UAE government has transformed the country’s economy, knowledge ecosystem and community, with its digital innovations. These efforts are in line with the goal set in the UAE National Agenda to make the country one of the most innovative nations in the world by 2021. Notably, the most significant strategies are the national 2031 AI […]
Network and Application Performance will Drive Business Innovation
today announced the results of a survey which found that over 80% of leaders in Saudi Arabia believe business innovation and staff retention are driven by improved visibility into network and application performance. The survey findings unveiled in the ‘Rethink Possible: Visibility and Network Performance – The Pillars of Business Success’ report cites a positive […]
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Samsung Electronics Declares “Age of Experience” at CES 2020
Samsung Electronics Co., Ltd. announced the “Age of Experience” at the opening keynote at CES. As the featured keynote speaker, Samsung Consumer Electronics President and CEO H.S. Kim heralded a decade of human-centric innovation that seamlessly combines hardware and software to create personalized experiences that make life more convenient, more enjoyable, and more meaningful. The […]
W7Worldwide is AVAYA’s Communications Partner in Saudi Arabia
As part of its vision to enhance business and communications strategies, AVAYA, Avaya Holdings Corp. a global leader in solutions to enhance and simplify communications and collaboration, announced W7Worldwide Marketing Communications Consultancy Agency, as its new corporate communications partner in Saudi Arabia. W7Worlwide was selected among a number of regional and international agencies due to […]
Samsung Electronics Showcases Successful ‘C-Lab Inside’ Projects and ‘C-Lab Outside’ Start-ups at CES 2020
Samsung Electronics showcased five innovative projects from its C-Lab Inside program as well as products from four start-ups participating in its C-Lab Outside program at CES 2020, the world’s largest consumer electronics exhibition. “We will actively support C-Lab to create products that reflect the latest market trends and customer demands and will showcase outstanding projects […]
By looking back at 2019, we can make the most out of the next data decade in 2020
By Mohammed Amin, Senior Vice President, MERAT, Dell Technologies It’s hard to believe that we’ve started the year 2020 and that a very interesting decade has come to an end. With every end comes a new beginning and we view 2020 as the start of a more intelligent and connected world enabled by technology. […]
Dell Technologies reinforces commitment to accelerate digital transformation in Saudi Arabia
With digital transformation being a major area of focus for businesses and government across Saudi Arabia, Dell Technologies has reinforced its commitment to advancing the country’s ICT agenda. The Dell Technologies Forum 2019 that was held in Riyadh, brought together business leaders and industry experts to share their insights and expertise on how emerging technologies […]
Global ICT experts discuss solutions for Saudi’s digital future at sixth annual Huawei Day KSA
Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, hosted global experts and leaders within the Kingdom’s ICT field at its sixth annual Huawei Day KSA event, recently held in the Ritz Carlton Hotel in Riyadh on December 9, to discuss the latest technologies and how they can be […]
Sterling and Wilson Solar Wins ‘Renewable Company of the Year’ at MEED Awards 2019
Sterling and Wilson Solar Limited (SWSL) (BSE script id: SWSOLAR), the world’s largest solar EPC solutions provider*, has been awarded the prestigious ‘Renewable Company of the Year’ in the GCC Region at the recently held MEED Awards 2019. In 2018, the Company won the ‘Specialist Contractor of the Year’ award at the same event. The […]
OXFORD BUSINESS GROUP TO LAUNCH NEW REPORT ON DUBAI’S ECONOMY Roundtable event to debate emirate’s future, post-Expo 2020
: The global research and advisory firm Oxford Business Group (OBG) will launch The Report: Dubai 2020, its new analysis of the emirate’s economic development and investment opportunities, on Monday December 9 at Nasdaq Dubai, The Exchange Building, DIFC. The event will include a roundtable, titled “Dubai Beyond Expo 2020”, at which leading representatives […]
Century Financial organizes a Global Investment Symposium that puts the spotlight on economic outlook and investment trends for 2020
As the World Economic Outlook projects global growth to pick up to 3.4 percent in 2020, investors in the region are keen to understand how the dynamic business and political landscape will impact their investment decisions next year. Fueled by an improvement in economic growth in a number of emerging markets including the Middle […]
GLOBAL SPOTLIGHT FALLS ON SAUDI POWER TRANSFORMATION AT MIDDLE EAST ELECTRICITY SAUDI
The global power industry spotlight is shining on Saudi Arabia as Riyadh plays host to a highly focused exhibition and conference poised to drive prospects for the Kingdom’s electricity sector over the coming decade. Suppliers, innovators, experts, global thought leaders and service providers have gathered at Riyadh International Convention & Exhibition Centre for the annual […]
SOUQ.com announces White Friday Sale, its biggest sale of the year, with thousands of new deals every day and better than ever low prices
It’s back! SOUQ.com today announced that the 6th edition of its White Friday Sale will kick off on November 23rd and will last for an epic seven days until 29th November. It will be SOUQ.com’s biggest sale of the year, offering savings of up to 70% on a wide array of items. The SOUQ.com […]
Cisco Commits to Championing Small Businesses in Saudi Arabia
In an aim to help local organizations grow, Cisco is renewing its commitment to small businesses, with a multi-year awareness campaign and increased partner investments in the Kingdom to capitalize on the opportunity. Cisco is also expanding its simple, secure and flexible portfolio of solutions designed with small businesses and their digitization agendas in […]
GLOBAL SPOTLIGHT FALLS ON SAUDI POWER TRANSFORMATION AT MIDDLE EAST ELECTRICITY SAUDI
The global power industry spotlight is shining on Saudi Arabia as Riyadh plays host to a highly focused exhibition and conference poised to drive prospects for the Kingdom’s electricity sector over the coming decade. Suppliers, innovators, experts, global thought leaders and service providers have gathered at Riyadh International Convention & Exhibition Centre for the annual […]
Nutanix to Host .NEXT on Tour – The Enterprise Cloud Conference in Saudi Arabia
Nutanix, a leader in enterprise cloud computing, announced today that it will host its annual .NEXT on Tour with the theme ‘Invisible Clouds, Visible IT’ at the Fairmont Riyadh, Saudi Arabia on November 18, 2019. The conference will focus on helping enterprises in the Kingdom free themselves from the complexity and cost of legacy […]
Dubai Supreme Council of Energy organizes a roadshow of the Emirates Energy Award 2020 in Kuwait
The Dubai Supreme Council of Energy held a press conference (12 November 2019) in Kuwait, to highlight the fourth edition of the Emirates Energy Award 2020, organized under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, under the theme ‘Inspiring […]
Al Arabiya News Channel discusses business strategy and region’s potential with Huawei Chairman
The Middle East is a pioneer in the ICT field today and remains a very important market for Huawei globally, the company’s Chairman of the Board of Directors, Mr. Liang Hua, recently confirmed in an exclusive interview with senior business presenter Lara Habib from Al Arabiya News Channel at the company headquarters in Shenzhen, China. […]