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1051 - 1060 from 16601 . In "BUSINESS"
Alghanim Industries opens 2 new Xcite electronics stores in Saudi Arabia
In line with its longstanding commitment in providing the best customer experience to its growing presence in the Kingdom of Saudi Arabia, Alghanim Industries (Kutayba Alghanim Group), one of the largest private companies in the region, opened two new stores in the Kingdom in Dammam and Jeddah.With these two additions to the existing strong network of 8 stores in Riyadh and one in Makkah, the region’s most prolific tech retailer has now 11 stores in the Kingdom. There are plans for further expansion of Xcite stores during the year alongside many other Alghanim businesses in the Kingdom.Xcite’s widespread growth mirrors both the Kingdom of Saudi Arabia’s flourishing economy and the central values of Saudi Vision 2030, most notably when it comes to empowering local youth in unleashing...
January 30, 2023

Alghanim Industries opens 2 new Xcite electronics stores in Saudi Arabia

Fogo de Chão Jeddah offers dining experience like no other
Fogo de Chão is a dining experience like no other, with a truly unique steakhouse atmosphere from Rio Grande do Sul in Southern Brazil. Their menu features chicken, beef and lamb seasoned to perfection and slow-roasted over an open flame to capture their individual flavor. The savory cuts are presented on skewers and carved table side by the authentic Brazilian Gaucho chefs.The meats are complimented by a 50+ item gourmet Market Table( salad bar) Traditional side dishes of warm cheese bread, fried bananas, crispy hot polenta and seasoned mashed potatoes are automatically brought to each table and replenished throughout the meal. You can enjoy this experience with different themes they host during the week such as Business Lunch/ Gents Night/ Couples Night, Ladies Night, Family Weekend...
January 29, 2023

Fogo de Chão Jeddah offers dining experience like no other

Adib Kilzie, Head of Customer Experience, Cloud and Enterprise Solutions at KPMG in Saudi Arabia.
KPMG: Customer Experience as the number one brand differentiator
KPMG Saudi Arabia, has published the results of its 2022 global annual Customer Experience Excellence (CEE) survey. This 13th global edition, and the second to run in Saudi Arabia, is based on inputs from 1,550 consumers in Saudi Arabia measured against inputs from 89,000 consumers across 25 countries worldwide.The Saudi version of the survey included 96 brands across nine different sectors and provided the respondents with the ability to evaluate those brands based on their personal customer experiences with them. The survey was based on the CEE methodology, developed by KPMG’s global CEE Centre of Excellence, and is made up of six pillars; Empathy, Personalization, Expectations, Resolution, Integrity and Time & Effort. Those pillars represent the core of this research as they make up...
January 29, 2023

KPMG: Customer Experience as the number one brand differentiator

Al Borg Diagnostics signs a partnership agreement with International SOS Medical Complex
Al Borg Diagnostics signed a strategic partnership agreement with International SOS Medical Complex, to operate and manage its medical laboratories for a period of five years, on the twenty-sixth of January 2023. Al Borg Diagnostics was represented by its CEO, Dr. Saeed bin Mohammed bin Saeed Al-Amoudi, and International SOS Medical Complex was represented by its Mr. Paolo Abbate, General Manager, International SOS Al-Rushaid.This step comes to complete the expansion of Al Borg Diagnostics through its strategic partnerships and achieve its vision to be the preferred diagnostic medical laboratory for all customers and the optimal health partner, as it will give more patients the opportunity to benefit from the most accurate medical test results and expand its customer base spread throughout...
January 29, 2023

Al Borg Diagnostics signs a partnership agreement with International SOS Medical Complex

Gautam Adani
Gautam Adani’s business loses $50 billion in market value after short seller report
NEW DELHI — The value of Gautam Adani’s business empire has crashed by more than $50 billion this week since Hindenburg Research, a US firm that makes money from short selling, published a blistering report accusing it of fraud.India’s Adani Group has denounced Hindenburg’s allegations as “baseless” and “malicious,” and it is considering legal action. But the sharp sell-off in shares, which began Wednesday, accelerated Friday after US hedge fund billionaire Bill Ackman said he found the short seller’s report credible.Hindenburg Research published an investigation on Adani’s conglomerate late on Tuesday, accusing it of “brazen stock manipulation and accounting fraud scheme over the course of decades.” It said it had taken a short position in Adani Group companies,...
January 27, 2023

Gautam Adani’s business loses $50 billion in market value after short seller report

Mayor of the Riyadh Region Prince Faisal Bin Abdulaziz Bin Ayyaf announced on Wednesday that Remat Al-Riyadh Development Company has offered the most significant investment opportunity.
Riyadh Mayor unveils most significant investment opportunity in outdoor advertising
RIYADH — Mayor of the Riyadh Region, Chairman of the Board of Directors of Remat Al-Riyadh Development Company Prince Faisal Bin Abdulaziz Bin Ayyaf, announced on Wednesday that Remat Al-Riyadh Development Company — the developmental arm of Riyadh Region Municipality — has offered the most significant investment opportunity of its kind in the region to invest in outdoor advertising in Riyadh city, in partnership with the private sector, via “Furas” the municipal investment portal.This opportunity is considered unique in terms of its size, innovative business model, and economic impact, as it comes as part of the advertising master plan for Riyadh City, which was previously announced.This opportunity is based on the creative and innovative aspects of improving the urban landscape...
January 25, 2023

Riyadh Mayor unveils most significant investment opportunity in outdoor advertising

KAUST on Wednesday announced that Ma’aden, the Saudi Arabian mining company, and KAUST Innovation Ventures fund are investing $6 million into Lithium Infinity (Lihytech).
KAUST startup Lihytech raises $6 Million for lithium extraction from seawater
THUWAL — King Abdullah University of Science and Technology (KAUST) on Wednesday announced that Ma’aden, the Saudi Arabian mining company, and KAUST Innovation Ventures fund are investing $6 million into Lithium Infinity (Lihytech). The KAUST startup’s battery-grade lithium will be a key component in driving the Kingdom of Saudi Arabia’s commitment to developing the entire value chain of electric vehicles (EVs).Lihytech has patented a membrane-based lithium extraction technology developed by Professor Zhiping Lai at KAUST. The innovative technology can extract the alkali metal from sources such as seawater, brine, red mud and more. Based on KAUST research, the startup was funded through the KAUST Near Term Grand Challenge, a research translation program, and the technology is being...
January 25, 2023

KAUST startup Lihytech raises $6 Million for lithium extraction from seawater

What’s the Short and Long-Term Outlook for Bitcoin?
How does the future look for the likes of Ethereum, Genesis, and BlockFi? And what’s the near and long-term outlook for Bitcoin prices?Top Crypto Forecast for 2023One thing that happened in the aftermath of the FTX bankruptcy in November was a swift outflow of funds from crypto exchanges. By the third week of the month, it was known that FTX creditors were owed as much as $3.1 billion, but the full extent of the defunct company’s debt, with its implications for the industry, had not yet come to light.“With each passing day... it becomes increasingly plausible that a wider scale reduction in confidence is in play”, remarked an analyst from Glassnode. Still, November 22nd saw Bitcoin prices shoot up 4.2% and Ether was up on a similar scale. Solana and Dogecoin also took the...
January 25, 2023

What’s the Short and Long-Term Outlook for Bitcoin?

I feel like I’m back to my second home — Indian Ambassador
RIYADH — The LuLu Group launched India Utsav, a celebration of Indian commercial ties with KSA and festival of India’s popular cuisine as part of the 74th Republic Day of India which falls on January 26th.The festival was inaugurated at the LuLu Hypermarket Murabba branch, Riyadh Avenue Mall by Chief Guest Dr. Suhel Ajaz Khan, the Indian Ambassador to the KSA. The Ambassador was welcomed by Shehim Mohammed, Director - LuLu Saudi Hypermarkets and senior officials of LuLu.More than 12,700 Indian items will grace the aisles of LuLu across Saudi Arabia – from popular FMCG products, Lulu Pvt label’s products, Indian fruits & vegetables to household goods and garments. Moreover, LuLu is putting a spotlight on a huge range hot foods freshly prepared in store for the entire promotion, from...
January 25, 2023

I feel like I’m back to my second home — Indian Ambassador

The shares of Jahez company were among the most listed shares in the Saudi Parallel Stock Market (Nomu).
Jahez in forefront of Nomu companies with wide acceptance of investors
Okaz/Saudi GazetteJEDDAH — The shares of Jahez company were among the most listed shares in the Saudi Parallel Stock Market (Nomu), and that resulted in decreasing the percentage of its free float shares.The number of free or public float shares of the leading Saudi food delivery firm decreased by 10.91 percent during the first weeks of the first quarter of 2023, compared to the fourth quarter of 2022, according to a monitoring conducted by Okaz/Saudi Gazette.It was revealed that many companies listed on Nomu recorded a noticeable change in the number of their free float shares, and the number of free shares often increases when there is no demand for the company’s shares from the part of large investors, while the number decreases when large investors desire to own shares of that...
January 24, 2023

Jahez in forefront of Nomu companies with wide acceptance of investors

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