Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.

Data security and digital innovation to help drive in more digital economic growth in the UAE, says Buzinessware
Data security and the continuing emergence of digital innovations are poised to play a significant role in the UAE’s efforts to drive in more digital economic growth, says Buzinessware, a leading Middle East Internet Infrastructure service provider. The company has further noted that local hosting can provide UAE and regional-based businesses with key advantages and […]

Automated Cleaning Technologies to Reduce Cost and Labour in the Region by 2020
The regional cleaning and hygiene industry is expected to grow exceptionally over the coming decade with two most important gulf countries officially named to host the Expo 2020 and FIFA World Cup 2022. Reports in media suggest that Dubai will add 100,000 hotel rooms by 2020 while Qatar aims to add 60000 rooms to fill […]

12% of enterprises in Saudi Arabia suffered a DDoS attack in 2015
Research by Kaspersky Lab and B2B International shows that businesses don’t need to have external interfaces such as public websites, customer portals and transactional systems to be hit by a DDoS attack: internal web services, operations and connectivity are just as vulnerable. In 2015, one in six companies worldwide suffered a Distributed Denial of Service […]

Cisco Honours Top Performing Partners at its UAE Partner Summit
Cisco presented twenty awards to its top performing partners in the UAE in recognition for their outstanding performance in 2015 across several categories. The gala awards ceremony held at The Ritz – Carlton, Dubai was attended by more than 200 delegates from the Cisco channel partner community. “Our UAE Partner Summit 2016 was a tremendous […]

Geometry Global launches region’s first marketing consultancy service in UAE
Geometry Global has launched a bespoke marketing consultancy offering – Geometry Global Intelligence (GGI) – in Europe, Middle East and Africa (EMEA). The platform is designed to advise and support marketers and brands on all elements of purchase-journey marketing using astute data, research and expertise. Geometry Global Intelligence will enhance the agency’s offering across a […]

TechAccess and Unify Expand Partner Agreement to GCC and Levant
TechAccess, the leading value added distributor in the Middle East, North Africa, LEVANT & Pakistan, today announced that it has expanded its distribution agreement with Unify. In addition to its existing partnership agreement for Saudi Arabia and Pakistan, TechAccess will now offer Unify’s complete Unified Communications and collaboration solutions portfolio to organisations across the wider […]

Tecbuy Wins Three Awards in Successful First Half of 2016
Tecbuy Electronics Trading LLC, a leading IT solutions enabler and exclusive electronics concessionaire of the global leader in retail entertainment throughout the middle east region, Virgin Megastore Middle East, has bagged three awards in the first half of a very successful 2016. Tecbuy took home the Channel ME 2016 award for ‘Power Retailer of the […]

Arabnet Partners with Smart Dubai to Highlight Smart Economy and Digital Business Transformation
For the second year in a row, Smart Dubai Office is partnering with the ArabNet Digital Summit to highlight digital transformation in the public and private sector and the potential for the Smart Economy. “We believe what we are doing today in Dubai will be the platform other cities will learn from,” declared H.E. Dr. […]

Cisco to drive ‘Digitization’ message at UAE Partner Summit
Under the theme ‘Powered by Partnerships’, Cisco is holding its UAE Partner Summit at The Ritz – Carlton, Dubai, on 24 May, 2016. The event will feature exclusive keynotes, interactive presentations, breakout sessions, panel discussions and an awards evening to honor Cisco’s top performing partners in the country. Over 200 partners’ delegates including CXOs and […]

Alpha Data double-winner at Citrix Partner Accelerator 2016 summit
Alpha Data, the UAE’s leading systems integrator and one of the longest-standing IT companies in the country, has won two awards during the 2016 Citrix Partner Accelerator Awards that recently took place in Dubai. The two awards Alpha Data received was the ‘Highest Product Attainment in 2015 for Networking – MENA,’ while Deepak M.S., Product […]
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City Centre Bahrain trains more than 600 employees on safety measures
City Centre Bahrain—the largest shopping, leisure and entertainment destination in Bahrain—offered the latest training in safety measures and firefighting to 619 employees from the mall retailers. The workshop, led by the mall’s Operations Department, included a live session demonstrating the skills needed to handle a mock disaster to ensure the mall staff’s preparedness for […]

Surge in office documents and information an increasingly complex challenge for local businesses
With offices across the region rapidly investing in digital infrastructure, a new report from Canon Middle East, world leader in imaging solutions, notes that the accelerated growth of documents and information represents an increasingly complex challenge for businesses today. The Office Insights 2016 report aims to understand how working practices are evolving in the digital […]

Empower commences operations in third district cooling plant in Business Bay with capacity of 45,000 RT
Emirates Central Cooling Systems Corporation (EMPOWER), the world’s largest district cooling services provider, has commence operations in its third Business Bay district cooling plant. The company said in a statement the new plant will cover commercial and residential buildings. By this, Empower currently provides 135,000 RT to the entire Business Bay area.The plant took around […]

Gulf Air Signs TransSys To Accelerate Its Digital Transformation Journey With Mobility and Hybrid Cloud
Gulf Air and TransSys Solutions announced that they have partnered to enhance Oracle E-Business Suite capabilities and features to utilise latest technologies such as mobility and interface to Hybrid Cloud. The agreement was signed by Dr. Jassim Haji, Director Information Technology, Gulf Air and Prabu Balasubramanyan, Executive Director, TransSys Solutions. As part of Gulf Air’s […]

Telecommunications Regulatory Authority set to organize workshop series aimed to help further develop UAE’s Smart Government Program
The Telecommunications Regulatory Authority (TRA) has announced its move to organize a series of workshops aimed towards helping further develop the UAE’s ‘Smart Government’ program. The workshops, which will be held from May 16 – 22, 2016, will be facilitated by an expert from the United Nations (UN) Department of Economic and Social Affairs. The […]

KERZNER INTERNATIONAL APPOINTS STUART THOMSON AS EXECUTIVE VICE PRESIDENT GLOBAL HUMAN RESOURCES
Kerzner International Holdings Limited (the “Company”) has appointed Stuart Thomson Executive Vice President of Global Human Resources, effective 10 April2016. In this role, Mr. Thomson will lead the Company’s Human Resources strategy, and will work with the operations and HR leaders of Kerzner to adopt and implement best practice human resources initiatives that will support […]

Empower saves 263 million gallons of fresh water in 2015
Emirates Central Cooling Systems Corporation (EMPOWER), the world’s largest district cooling services provider, achieved record saving of 263 millionin imperial gallons of fresh water in 2015, enough to fill 478 Olympic swimming pools. This was achieved despite the higher demand for District Cooling services in Dubai, in which Empower occupies a share of 70%. This […]

eHosting DataFort Awarded ‘Managed Services Provider of the Year’ at the Intelligent CIO Technology Excellence Awards 2016
eHosting DataFort (eHDF), the region’s leading Managed Hosting and Cloud Infrastructure services provider, was awarded the prestigious Intelligent Managed Services Provider of the Year at the Intelligent CIO Technology Excellence Awards 2016. The award ceremony took place recently at the Westin Hotel in Al Habtoor City, Dubai and honoured companies and end-user individuals that have […]

More than 220 international and local companies Launching The Saudi Power and Saudi Aircon Exhibition 2016
H.E. Dr. Saleh Bin Hussein Al Awaji inaugurated the Saudi Power 2016 exhibition organized by Riyadh Exhibitions Company in collaboration with Informa Company. The show brings together more than 220 exhibitors from 19 countries around the world including Saudi Arabia, UAE, Lebanon, India, Spain, Switzerland, Britain, South Africa, Taiwan, the Netherlands, Turkey and other countries. […]

Babyshop Unveils its First Ever Product Catalogue
Babyshop, the one-stop children’s retailer, recently launched their first ever consumer product catalogue, a splendid shopping guide for mums to be and for existing parents. The catalogue highlights the extensive range of products for children starting from new-borns to toddlers and beyond. The creatively illustrated catalogue, supported by world renowned photography artist Queenie Liao, features […]

Saudi Vision 2030 Enables Kingdom to Leapfrog in Digital Economy Innovation
Public-private partnerships in technology will drive Saudi Vision 2030, and support the Kingdom to leapfrog in Digital Economy innovation, industry experts announced at the SAP Saudi Forum. “Technology mega-trends such as hyper-connectivity and the cloud can enable the Kingdom to leapfrog in Digital Economy innovation, in line with Saudi Vision 2030. By combining public sector vision with […]

President Obama visits Phoenix Contact at the Hannover Messe
President Barack Obama visited the Phoenix Contact booth together with German Chancellor Angela Merkel at the opening of the Hannover Messe (Hannover Trade Show). The heads of state were greeted by CEO Frank Stührenberg as well as the President of the U.S. subsidiary, Jack Nehlig. Stührenberg served as the spokesperson for a number of new […]
