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1031 - 1040 from 16601 . In "BUSINESS"
KPMG: Saudi firms faster than their peers in adopting cutting-edge tech
KPMG, a leading provider of audit, tax and advisory services in Saudi Arabia, has published “Tech Survey Saudi Arabia 2022”, which uncovers the technology strategies businesses are using to help outsmart their competitors in a time of unprecedented global change.The report surveyed more than 2,200 executives around the world – including 51 in Saudi Arabia – and conducted a series of in-depth discussions with industry experts.The Tech Survey was launched during LEAP 2023, the four-day annual tech convention held in Riyadh, with more than 100,000 tech innovators and leading experts from around the world.Public and private sector organizations in Saudi Arabia have been investing heavily in digital transformation. Organizations in the Kingdom have set their sights high, inspired by...
February 07, 2023

KPMG: Saudi firms faster than their peers in adopting cutting-edge tech

Dr. Mohaymen Abdelghany, the new Chief Executive Officer (CEO) of King’s KSA.
Ashmore & King’s College Hospital London announce new CEO for King’s KSA
Ashmore Group plc, a UK listed investment management company with a focus on emerging markets, together with its strategic partner King’s College Hospital London (King’s), a leading UK hospital with a global reputation of excellence in patient care, education and research, announced the appointment of Dr. Mohaymen Abdelghany, as the new Chief Executive Officer (CEO) of King’s KSA.Dr. Mohaymen Abdelghany, an accomplished physician consultant and healthcare leader, has more than 25 years of global achievements across the healthcare sector. The Harvard educated executive, who has received a number of prestigious awards in the region recognizing his leadership in the sector, said, “I am thrilled to be leading King’s College Hospital London’s platform in Saudi Arabia. It is very...
February 07, 2023

Ashmore & King’s College Hospital London announce new CEO for King’s KSA

BP scales back climate targets as profits hit record
LONDON — Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil and gas it produces by 2030.The company's profits more than doubled to $27.7bn (£23bn) in 2022, as energy prices soared after Russia invaded Ukraine.Other energy firms have seen similar rises, with Shell reporting record earnings of nearly $40bn last week.It has led to calls for energy firms to pay more tax as people's bills soar.BP boss Bernard Looney said the British company was "helping provide the energy the world needs" while investing the transition to green energy.But it came as the firm scaled back plans to cut carbon emissions by reducing its oil and gas output.The company - which was one of the first oil and gas giants to announce an ambition to cut...
February 07, 2023

BP scales back climate targets as profits hit record

Boeing will outsource some of the roles to Tata Consulting Services, a unit of one of India's largest conglomerates.
Boeing plans to cut 2,000 office jobs this year
LONDON — Plane maker Boeing plans to cut about 2,000 jobs in finance and human resources this year, as it focuses on engineering and manufacturing.The move comes as the company puts more of its resources into "products, services and technology development".It will outsource some of the roles to Tata Consulting Services, a unit of one of India's largest conglomerates.Boeing has faced a number of issues in recent years, including the grounding of its 737 Max after two fatal crashes."We have and will continue to communicate transparently with our teams that we expect lower staffing within some corporate support functions," the company told the BBC."As always, we will support affected teammates and provide assistance and resources to support their...
February 07, 2023

Boeing plans to cut 2,000 office jobs this year

Mozn announces new AI-powered anti-fraud product
RIYADH — Mozn, a market leader in enterprise artificial-intelligence technologies, on Monday announced an advanced AI-powered anti-fraud product capable of proactively identifying suspicious activity and preventing criminals from targeting organizations and their clients to profit from financial crime.Released as an additional product suite to the company’s innovative Anti-Money-Laundering (AML) platform, FOCAL, Anti-Fraud product was announced at Saudi Arabia’s LEAP 2023 tech conference at Riyadh Front Expo Center. In the spirit of LEAP – which gathers tech innovators and leading experts from around the world to discover new ideas and build new partnerships – FOCAL Anti-Fraud leverages powerful AI to address the increasing volume and complexity of fraud in emerging markets.FOCAL...
February 07, 2023

Mozn announces new AI-powered anti-fraud product

Rajiv Ramaswami ... CEO of Nutanix
Nutanix turns the web of complexity into simplicity: CEO Ramaswami
Rajiv Ramaswami, CEO of Nutanix, said, "My keynote at LEAP was around ‘Simplifying IT to enable Vision 2030’. Saudi Vision 2030 has set an ambitious target to transform the Kingdom and create a thriving economy and vibrant society." here are the excerpts:Can you give us an overview of the keynote you delivered at LEAP 2023?My keynote at LEAP was around ‘Simplifying IT to enable Vision 2030’. Saudi Vision 2030 has set an ambitious target to transform the Kingdom and create a thriving economy and vibrant society. Significant transformation isn’t easy, and technology is the underpinning of progress. We have seen great examples of technology and the Cloud transforming the world we live in. For example Amazon paved the way for ‘endless aisles’ and online shopping. Careem...
February 07, 2023

Nutanix turns the web of complexity into simplicity: CEO Ramaswami

Zaid Al Mashari CEO of PROVEN Solution.
Emerging and transformational technologies take center stage at LEAP 2023
Following last year’s success, LEAP 2023 is all set to kick off its second edition from February 6 - 8, 2023 at the Riyadh Front Expo Centre in Saudi Arabia. Launched under the title “Towards New Horizons,” the region's most anticipated tech conference is expecting over 900 local and international companies and will focus on Artificial Intelligence (AI), robotics, Web 3.0, the Metaverse, Virtual Reality (VR) and Augmented Reality (AR) solutions, green tech and other ground-breaking technologies from all over the world. Saudi enterprises have been quick to embrace and adopt digital transformation initiatives to achieve the goals set forth in the Saudi Vision 2030. Cutting-edge technologies such as analytics, AI automation, and cybersecurity have facilitated and supported this...
February 05, 2023

Emerging and transformational technologies take center stage at LEAP 2023

Zagzoog for Home Appliances opens first Kitchen Aid Showroom in Saudi Arabia
Zagzoog for home appliances opened the first Kitchen Aid showroom in the Kingdom of Saudi Arabia, which is the best brand of small appliances in the United States of America since 1919.Engineer Yasser Al-Zagzoog said: “The company was keen to bring this ancient American brand to the Saudi market through its agent, the Zagzoog Company for Home Appliances. This was done after a careful study that indicated the ability of this brand to compete and obtain a share commensurate with its ancient history”.Engineer Yasser Al-Zagzoog added: “The inauguration of the Kitchen Aid showroom is the first of a series of Kitchen Aid showrooms that will be opened in the Kingdom. The aim is based on a well-studied strategic plan to expand the marketing of Kitchen Aid products, as the showroom includes a...
February 03, 2023

Zagzoog for Home Appliances opens first Kitchen Aid Showroom in Saudi Arabia

Saudi Health Minister visits Houston Methodist booth at Arab Health 2023
Saudi Minister of Health, Fahad Al-Jalajel, visited the Houston Methodist booth during his tour at Arab Health 2023 Conference.Al-Jalajel met Houston Methodist Global Health Care Services leadership Cathy Easter, President and CEO, Najla AlHudaib, Senior Country Manager KSA and Qatar, José Núñez, Vice President Global Development, and Talal Braidy, Regional Director Global Development.
February 02, 2023

Saudi Health Minister visits Houston Methodist booth at Arab Health 2023

The Bank of England raised interest rates by half a percentage point, outpacing the latest hike by the US Federal Reserve.
Bank of England takes interest rates to highest level since 2008
LONDON — The Bank of England raised UK interest rates by half a percentage point on Thursday, moving more aggressively than its US counterpart to fight inflation.The central bank took rates to 4% — the highest level since the depths of the global financial crisis. UK inflation eased to 10.5% in December but remains near a 41-year high.The Bank of England said inflation was likely to fall sharply over the rest of the year, largely as past increases in energy and other prices fall out of the calculation. But it signaled significant uncertainty over its forecast.“The labor market remains tight and domestic price and wage pressures have been stronger than expected, suggesting risks of greater persistence in underlying inflation,” the bank said in a statement.Wholesale energy prices...
February 02, 2023

Bank of England takes interest rates to highest level since 2008

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