Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Al khaliji adds two more coveted titles to its Banker Middle East
Al Khaliji Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next-generation bank, has been recognized for having the ‘Best Premium Bank Service’ and the ‘Best Private Bank Service’ from CPI Financial’s prestigious magazine, adding two more coveted titles to the awards the bank has received from the ‘Banker Middle East in the 2016 year. On claiming the ‘Best Premium Bank Service’ title, […]
Shapoorji Pallonji Commences Construction of First Real Estate Project in the Middle East
Following its recent announcement of Imperial Avenue, leading Indian Engineering and Construction group Shapoorji Pallonji (SP) International Property Developers, today announced its plans to commence the construction of the project at the site located in Downtown Dubai. A testament of the company’s long-term commitment to the real estate market in the region, this $350M project […]
BravoSolution Confirmed as Knowledge partners at Blue Ocean’s 5th Annual Procurement & Supply Chain Conference
leading management training and consulting firm Blue Ocean Academy have announced strategic procurement company BravoSolution as headline sponsors at their 5th Annual Procurement & Supply Chain Conference in Riyadh Saudi Arabia. The one-day conference will bring together heads of Supply Chain and Procurement from across the Middle East, to analyze contemporary trends and pave the […]
Sage ‘Advice Roadshow’ to discuss SMAC in Saudi Arabia
Sage, the market and technology leader for integrated accounting, payroll and payment systems, together with distribution partner Josor, will hold a luncheon discussion on the role of SMAC (social, mobile, analytics, and cloud) technologies in business innovation across Saudi Arabia. The events will take place in Riyadh, Jeddah and Al Khobar and will include a […]
Savant Data Systems empowers retail experience with advanced shopping solutions
Sàvant Data Systems (SDS), a leading retail intelligence provider for UAE’s retail, shopping, banking and commercial sectors, partners with Dubai-based shopping and retail conglomerate Aswaaq to better the retail experience of shoppers in the UAE through intelligent and innovative shopping solutions. The SDS and Aswaaq partnership will implement various technology integrated systems including People Counting […]
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SEDCO Holding Maintains 8th Best Workplace in Kingdom for a Second Year in a Raw
For the second consecutive year, SEDCO Holding maintained its top ranking among Saudi Arabia’s best 10 workplaces, and earned the eighth place, according to the Great Place to Work Institute 2016 list. This success was mainly due to the company’s talent development programmes, positive and transparent corporate culture; and employee recognisation which enhances work-life effectiveness. […]
TechAccess Hosts Business Development Session with Fujitsu partner ISYX
TechAccess, the leading value added distributor in the Middle East, North Africa, LEVANT, Pakistan and Afghanistan is demonstrating its commitment to Fujitsu by engaging with partners on an individual basis. The VAD hosted a business development session with ISYX, a Fujitsu partner for the Gulf region. The session was attended by more than 30 members […]
Empower goes green by implementing E-Bills
In line with Dubai Smart Vision and keeping up with the long-term ‘A Green Economy for Sustainable Development’ national initiative, Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, will stop issuing printed paper bills for all its 65,000 customers as of this month (December 2016). “This step comes out from […]
SAP and TIEC Launch Global Start-up Focus Program for Technology Start-ups
7 December 2016 – Technology company SAP and the Technology Innovation and Entrepreneurship Center (TIEC) of the Information Technology Industry Development Agency (ITIDA) have launched the SAP Startup Focus Program in Egypt with the first ever Startup Focus Event. Demonstrating strong growth, ICT is set to boost Egypt’s GDP. A major driver is e-commerce, which […]
HID Global Acquires Bluvision to Expand with Bluetooth Solutions for the Enterprise Internet of Things Market
HID Global®, a worldwide leader in trusted identity solutions, today announced that it has acquired Bluvision, a leading Bluetooth Low Energy (BLE) provider in the enterprise Internet of Things (IoT) market. The acquisition transaction closed today. Financial terms are not being disclosed. Bluvision is a complete IoT ecosystem provider, offering real-time location system technology, presence […]
Most read in Economy & Business
- Saudi Businesses Expand Investment in Agentic AI for Enterprise Operations
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- iSolution Earns Great Place to Work Certification in Saudi Arabia and UAE
- Fortinet and Aramco Sign Agreement to Expand Industrial Cybersecurity in Saudi Arabia
- ELSEWEDY ELECTRIC PSP and Sinohydro Sign $2.2B Rabigh 2 IPP Expansion Contract
Ooredoo Marks Tens Years of Qatar Data Centre Innovation
Senior executives, major customers, VIPs from across Qatar and leading technology experts have attended a major ceremony at Ooredoo’s Qatar Data Centre to mark ten years of operations.Officially launched in 2006, the Qatar Data Centre was the first facility in Qatar to offer businesses a full suite of enterprise services, evolving into one of the […]
Securing the digital transformation journey in Kingdom of Saudi Arabia
Earlier this year, Saudi Arabia approved its National Transformation Program and Saudi Vision 2030, making great headway in economic diversification. Key to these goals is a nationwide digital transformation initiative to improve the Kingdom’s technology infrastructure, drive innovation and develop human capital. These issues and more will be addressed at the upcoming Kingdom Cyber Security […]
Thomson Reuters launch Venture Capital Report on Economic Development in GCC
Thomson Reuters, the world’s leading provider of intelligent information for businesses and professionals, today released the findings of a Venture Capital (VC) Report on Economic Development in Bahrain. The report was launched at the World Islamic Banking Conference in Bahrain. The study covers recommendations from leading market experts and exclusive interviews with market practitioners. It […]
Abu Dhabi Ports observes Commemoration Day and celebrates 45th National Day
Abu Dhabi Ports, the master developer, operator and manager of the Emirate’s commercial and community ports as well as Khalifa Industrial Zone, has observed Commemoration Day and celebrated the UAE’s 45th National Day on November 30. Held at Abu Dhabi Ports’ offices at Al Taweelah, the event was kicked off with flying the UAE flag […]
Sabre taps Traci Mercer to lead B2B digital commerce for hotel, car, cruise and rail
Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, has appointed Traci Mercer as senior vice president of hotel, car, cruise and rail, to lead commercial efforts and supplier relationships for the company’s growing land and sea customer portfolio worldwide. In this position, Mercer will focus on defining a strategic direction […]
THE COCA-COLA COMPANY AND NATIONAL BEVERAGE COMPANY EXPAND INVESTMENT IN PALESTINIAN BUSINESS AND COMMUNITIES IN GAZA
The Coca-Cola Company and National Beverage Company (NBC) today officially inaugurated a new Coca-Cola bottling facility located in Gaza, which represents a US$20 million investment in the region. The new bottling facility further expands National Beverage Company’s Palestinian operations to four bottling plants and four distribution centers, and immediately creates 120 direct jobs in Gaza, […]
Sabre empowers travel agents with virtual payment technology for air bookings
Travel agents face it every day: payment and settlement for air travel that requires multiple entries in the reconciliation process, ultimately driving cost and inefficiencies. While corporations look to increase the security of business travel accounts with high credit limits and reduce the number of travelers using personal credit cards to book travel, both corporations […]
Saudi Hollandi Bank shifts to a better future as it rebrands to Alawwal Bank
Saudi Hollandi Bank, announced today that it has rebranded to Alawwal Bank. The name change marks the start of a transformation that will see the bank build on its reputation for innovation and service excellence. The new branding highlights the bank’s commitment to supporting the growth of the country’s economy while meeting the demands of […]
SWIFT Announces the Business Forum UAE in Abu Dhabi
SWIFT, a global provider of secure financial messaging services, announces today that it is hosting its UAE Business Forum in Abu Dhabi on December 7th. Senior representatives from the UAE’s banking and financial industry will join regulators and policymakers to discuss the challenges and opportunities for the country’s financial services industry. The Forum will explore […]
80 % of Marketers Say that a Marketing Budget is ‘Very Important’
BR Communications, the award-winning PR and Marketing Agency in the Middle East recently conducted a survey on the ‘Marketing Budgets and Preferences’ of business organizations in the region. The survey was administered to ascertain market appetite for marketing activities and preferences within the current economic climate. In initial results, BR Communications has gained insight into […]
Hempel Paints to Transfer All of Saudi Arabia’s Manufacturing Operations to New Factory in Jeddah, Plans to Produce 40 Million Litres Annually
Hempel Paints, a global supplier of marine, protective and decorative coatings, announced plans to move its entire production in Saudi Arabia to its new plant in Jeddah’s Second Industrial City as part of a strategy aimed at meeting the needs of its Saudi customers. Inaugurated two years ago, the factory in Jeddah is Hempel’s first […]
Empower underscores importance of ‘UAE Innovation Week 2016’ in reinforcing innovation culture in public and private sectors
Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, said that ‘UAE Innovation Week 2016’, taking place from 20 to 26 November with participation of government, private and academic entities, and various segments of society, is contributing in reinforcing the UAE’s position as a global hub for innovation. It is also […]