Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Digital Shadows Strengthens Management Team as Business Continues to Expand
Digital Shadows, the leader in digital risk management and threat intelligence, today announced several key appointments to its management team designed to scale the business in support of company growth following Series C funding earlier in the year. Digital Shadows has appointed Samantha Murphy to the new post of Vice President Customer Success, tasked in […]
The all-new sound of Visa will debut in Visa’s global advertising campaign
Visa (NYSE: V) today announced a suite of sensory branding that will support the Visa brand in an expanded universe of connected, payment-enabled devices. These new sound, animation and haptic (vibration) cues will help signify completed transactions in digital and physical retail environments when you pay with Visa. The sound of Visa will debut in […]
Nordson EFD Launches New Optimum ESD-Safe Dispensing Components for High-End Electronics
Nordson EFD, a Nordson company (NASDAQ: NDSN), the world’s leading precision fluid dispensing systems manufacturer, has launched a new line of Optimum® ESD-safe dispensing components. The complete system includes dispense tips, syringe barrels (available in five sizes), and adapter assemblies. These components are designed specifically for precision fluid applications used in manufacturing mobile devices, wearables, […]
First Swiss Businesswomen Delegation Explores Business Opportunities in Saudi Arabia
A Swiss Businesswomen delegation met on Tuesday, 28 November 2017, in Jeddah with a number of Saudi Businessmen and Businesswomen to learn about potential commercial and investment opportunities in the Kingdom of Saudi Arabia. This comes in line with Saudi Arabia’s keenness to encourage investments and trade in promising vital sectors, and reflects the decisions […]
The Japan External Trade Organization (JETRO) and the Ministry of Economy, Trade and Industry of Japan (METI) Host Two Intellectual Property (IP) Events to Promote Cooperation between UAE and Japan
The Japan External Trade Organization (JETRO) and the Ministry of Economic, Trade, and Industry of Japan (METI) held two events to discuss the development of appropriate collaborative measures for tackling IP infringement and counterfeiting region. IP Judicial Workshop – 26 November 2017The first event aims to promote a mutual understanding of judicial system protocol and […]
Climatecoin: Crypto Carbon Revolution
-CLIMATECOIN and CARBON TRADE EXCHANGE (CTX) – GEM, closed an agreement to create the first peer to peer decentralized platform for carbon credits trading/exchange in the world. Climatecoin will become the first carbon zero cryptocurrency in the world by ‘stapling’ a carbon credit to every coin. CTX is the world’s first Global exchange for Carbon […]
Ad
Rockwell Automation Acquires Odos Imaging to Leverage 3-D Time-of-Flight Technology for Sensing and Safety Applications
Rockwell Automation, Inc. (NYSE: ROK) has acquired Odos Imaging, a Scottish technology company that provides three-dimensional, time-of-flight sensing systems for industrial imaging applications.Rockwell Automation will apply this technology to sensing products to deliver solutions to a broad range of demanding industrial applications including automotive and general assembly, packaging and material handling, and logistics. “This acquisition […]
Youth-Led Initiative “Unleash Tunisia Venture Bus” Receives the 2017 Intercultural Innovation Award.
Young Leaders Entrepreneurs and their “Unleash Tunisia Venture Bus” initiative is one of the ten global grassroots organizations receiving the 2017 Intercultural Innovation Award bestowed by the United Nations Alliance of Civilizations (UNAOC) and the BMW Group. The Intercultural Innovation Award Ceremony, held this year for the first time at United Nations headquarters in New […]
Visa Readies Digital Payments for the Projected 500,000 Visitors Traveling to Russia for the 2018 FIFA World Cup Russia™
In celebration of the Final Draw for the 2018 FIFA World Cup Russia™, Visa (NYSE: V), the Official Payment Service Partner of FIFA, released travel and spending data for the 2018 FIFA World Cup™. Throughout official FIFA venues, Visa will enable a cash-free fan experience by implementing point-of-sale terminals that accept a Visa credit or […]
In a Move to Accelerate Transparency and Development in the Diamond Industry, CEDEX and IDEX Online Join Forces
Under the agreement, CEDEX will leverage on IDEX diamond knowledge and real-time diamond prices to present it to its future exchange customers, while IDEX will use CEDEX technology to better accommodate investments in the diamond professional market. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171127005483/en/With over two decades of undisputable reputation as a prominent and unbiased market […]
Italian Major Player DAB Targets 20% Growth in the GCC Water Management Technology Market
DAB Water Technology, an Italian frontrunner in the global water management industry, brings to Dubai a selection of wide line-up, focusing on those products that are of particular interest for the Middle East. The company’s presence at the Big 5 Dubai, taking place at Dubai World Trade Centre from November 26 to 29, is aimed […]
Surplus Stores Dubai – Setting a New Wholesale Experience
Surplus Stores has opened its doors to the public with its ground-breaking wholesale concept that redefines the wholesale business and is first of its kind in the UAE. Surplus Stores, conveniently located in close proximity to Sheikh Mohamed Bin Zayed Rd. and other major landmarks such as Dubai International Airport and International City deals with […]
During an event in Riyadh, Dr Kaplan prompted representatives of the private sector and civil society to take the lead in identifying development opportunities in KSA…
Dr. Robert S. Kaplan, an influential thought leader in strategy and performance management, presented a new model for inclusive growth, which requires the adoption of new roles by Saudi government bodies, the private sector, and society. All of these actors need to work collaboratively to generate sustainable development and overcome economic challenges such as low […]
Alibaba Group and UNCTAD Launch eFounders Initiative
Alibaba Business School and UNCTAD welcomed inaugural class of African entrepreneurs to China for two-week intensive course on e-commerce HANGZHOU, China, Nov. 22, 2017 /PRNewswire/AsiaNet-Pakistan — Alibaba Business School and the United Nations Conference on Trade and Development (UNCTAD) brought together 24 Africa-based entrepreneurs to participate in the inaugural eFounders Initiative. The eFounders Initiative is […]
Andersen Global Announces Expansion in Uganda
Andersen Global is proud to announce a presence in Uganda by way of a Collaboration Agreement with Ligomarc Advocates, a financial and corporate tax and legal firm. The firm is led by Managing Partner, Kabiito Karamagi. The addition of Ligomarc Advocates as a Collaborating Firm of Andersen Global continues the organization’s expansion in Africa. Ligomarc […]
FS-Elliott Nominated as Finalists in 2017 MEED Awards
FS-Elliott, a leading manufacturer of oil-free, centrifugal compressors, has announced that their office in Saudi Arabia has been nominated for three MEED Awards in the categories of Industrial Company of the Year, Manufacturer of the Year, and Supplier of the Year. The MEED Awards recognize and honor contractors, consultants, suppliers, service providers, and clients that […]
Gartner Survey Shows Growth in Marketing Budgets Stalled in 2017
Growth in marketing budgets has stalled after continued increases over recent years, according to a survey by Gartner, Inc. The survey found that marketing budgets hit a plateau in 2017 after three years of growth, with budgets falling from 12.1 percent of company revenue in 2016 to 11.3 percent in 2017, representing a return to […]
AURAK Hosts Workshop on the Entrepreneurship and Innovation Challenges in the 21st Century
The Entrepreneurship and Innovation Challenges in the 21st-Century forum was organized by the American University of Ras AL Khaimah in association with the Arab German Young Academy of Sciences and Humanities (AGYA) and the Arab Council for Training Students of Arab Universities (ACTSAU). The forum for students’ inventions is a great opportunity for Arabic students […]
Gartner Survey Shows Digital Business Is Turning CIOs Into Business Leaders
For 82 percent of Europe, Middle East and Africa (EMEA) CIOs digital business has led to a greater capacity for change and a more open mindset in their IT organization, according to Gartner, Inc.’s annual survey of CIOs. On average, EMEA CIOs have increased the amount of time they spend on business leadership — up […]
Al Rajhi Bank and SOUQ to offer discounts in co-operation to customers in the KSA
SOUQ and Al Rajhi Bank, one of the largest Islamic Banks in the world, have announced that they will co-operate offer customers in the Kingdom of Saudi Arabia an array of benefits when they purchase products on the SOUQ website and mobile app using Al Rajhi Bank credit cards. SOUQ customers in KSA will get […]
Thousands Convene in Houston to Learn About the Latest In Automation Technology While Helping to Support Area Recovery
HOUSTON–(BUSINESS WIRE/AETOS Wire)– Thousands of industrial professionals are convening in Houston for the Automation Fair event to learn more about the latest advanced manufacturing technologies shaping the industry, and the automation tools that can help them be more globally competitive and productive. Hosted by Rockwell Automation and its PartnerNetwork members, the Automation Fair event is the premier […]
2.38 Million Visitors and USD 56 Million Book Sales at Sharjah International Book Fair 2017
The 36th Sharjah International Book Fair (SIBF) concluded on a record-breaking note, attracting 2.38 million visitors over its 11-day run. The world’s third largest book fair featured more than 2,600 cultural events, 400 authors and intellectuals, and 1,690 exhibitors from 60 countries, who put up 1.5 million titles on display. A high volume of purchase […]