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1091 - 1100 from 16601 . In "BUSINESS"
ManageEngine President Rajesh Ganesan stresses IT is responsible for business innovation more than ever before.
IT’s role increasingly responsible for business innovation: ManageEngine chief
DUBAI — IT is responsible for business innovation more than ever before, said ManageEngine President Rajesh Ganesan, while stressing its role to drive innovation inside Saudi enterprises. He said this was the outcome of a ManageEangine recent study that also emphasized increased role of non-IT employees in innovation.“This is due, at least in part, to the collaboration between IT personnel and non-IT employees, which has markedly increased post-pandemic,” he said while speaking to Saudi Gazette.In order to drive innovation, CIOs in Saudi enterprises should be open to collaboration. In fact, they should treat their colleagues in every other department as equal partners, he added.On what initiatives can the IT department take to improve technology skills and technology decision-making...
December 21, 2022

IT’s role increasingly responsible for business innovation: ManageEngine chief

Fadhel Makhlooq, Managing Director and Acting CEO of SICO Capital.
SICO Capital introduces new securities services business line in Saudi Arabia
SICO Capital, a financial services firm based in Riyadh (licensed by the CMA), announced the launch of its comprehensive securities services business line, offering a full range of custody and fund services, further diversifying the firm’s robust spectrum of capital market activities.The new offerings are tailor-made to meet the evolving needs of a diverse local and global client base of both emerging and established players, capitalizing on the flourishing asset management business in Saudi Arabia.SICO Capital’s securities services, in addition to pre- and post-trade execution solutions, will include more value-added services for asset managers, such as middle office and performance analytics for public and private funds covering all asset classes – both liquid and illiquid. The...
December 21, 2022

SICO Capital introduces new securities services business line in Saudi Arabia

 Chenghez Ahmed Khan, General Manager at Juffali Automotive Company.
JACO to open largest Mercedes-Benz showroom in Saudi Arabia by 2023 — GM
JEDDAH — Juffali Automotive Company (JACO) has a very aggressive and extensive network development plan for the upcoming 3-4 years in Saudi Arabia, Chenghez Ahmed Khan, General Manager at Juffali Automotive Company, has said.Speaking in a wide-ranging interview, Khan revealed that the company is working on opening the largest Mercedes-Benz showroom in Saudi Arabia by end of 2023 in Riyadh. "This flagship facility in Riyadh will be built on an area exceeding 13,000m2 with an investment of over SR100 million."He also said further developments in Jeddah are also in the works to potentially open a Mercedes-Benz Service factory in the North of Jeddah by 2024/2025.JACO will be launching various fully electric cars starting 2022 with the EQS followed by the EQE, EQS SUV, EQA in...
December 21, 2022

JACO to open largest Mercedes-Benz showroom in Saudi Arabia by 2023 — GM

Trend Micro joins forces with SCCC Alibaba Cloud to strengthen cybersecurity resilience in Saudi Arabia
Trend Micro, a global leader in cybersecurity solutions, recently signed a Memorandum of Understanding (MoU) with Saudi Cloud Computing Company (SCCC) Alibaba Cloud to protect the enterprises of Kingdom of Saudi Arabia from the evolving threat landscape and to promote the localization of cybersecurity solutions in Saudi Arabia.During a special ceremony at the inauguration of Trend Micro’s MEA HQ in Riyadh, SCCC Alibaba Cloud’s Chief Executive Officer, Eng.Talal Albakr, and Trend Micro’s Area Vice President and Managing Director for the Middle East and Africa, Dr. Moataz Bin Ali, signed the agreement in the presence of His Excellency Haytham Alohali, Vice Minister, Ministry of Communications, and Information Technology.In 2022, Alibaba Cloud became the world’s first hyperscale cloud...
December 20, 2022

Trend Micro joins forces with SCCC Alibaba Cloud to strengthen cybersecurity resilience in Saudi Arabia

Salam scoops two awards at the Global Brand Awards 2022
RIYADH — Salam, a leading ICT operator in Saudi Arabia, has been named as the Fastest Growing Saudi Telecommunications Brand and the Most Innovative Saudi Telecommunications Brand of the Year at the 10th Global Brand Awards 2022 held recently in Dubai, in recognition of Salam’s exceptional performance in the Kingdom’s ICT sector.Alongside leading companies from around the world, Salam was one of the only two Saudi telecom providers and one of a select few from the Middle East to be awarded since 2018. This highlights Salam’s hard work to deliver a unique, bold and experience-led presence in the sector.Each year since 2013, the UK-based Global Brands Magazine honors companies that stand out from industry leaders by demonstrating exceptional service and a unique vision.Salam’s...
December 19, 2022

Salam scoops two awards at the Global Brand Awards 2022

Panasonic announces Ahmed Abdulwahed Trading Co (AAW) as the new distributor in Saudi Arabia
Panasonic Marketing Middle East & Africa (PMMAF) has announced the appointment of Ahmed Abdulwahed Trading Co (AAW) as its new distributor for small domestic appliances in Saudi Arabia. This marks an important stage in Panasonic’s growth strategy as the partnership will help the Japanese manufacturer revitalize its small domestic appliances business in the Kingdom, while giving a major push to its goal of expanding its regional market share as it caters to evolving customer demands.AAW is one of the biggest multi-brand distributors and retailers of smart lifestyle electronic products in KSA and the alliance is seen to strengthen Panasonic’s business in the Kingdom by creating a value-added supply chain for its customers, specifically in its small domestic appliances segment.This...
December 19, 2022

Panasonic announces Ahmed Abdulwahed Trading Co (AAW) as the new distributor in Saudi Arabia

Saudi Hankook Racing Team has dominated to clinch the most share of the first places in the Saudi Toyota Championship 2022 held recently at Jeddah Corniche Motor Racing Circuit.
Hankook Racing Team claims 2022 Saudi Toyota Championship
JEDDAH — Saudi Hankook Racing Team has dominated to clinch the most share of the first places in the Saudi Toyota Championship 2022 held recently at Jeddah Corniche Motor Racing Circuit. Motor racing champion Capt. Saeed Al-Mouri succeeded in winning the first place in the Time Attack Race category, while his teammate Capt. Mohammed Al-Orabi won the drifting championship, making Hankook the overall champion of the tournament after winning two of the three race categories.During this strong and exciting championship, the team relied on Hankook F200 tires, which were fitted to Capt. Al Mouri's car in the Time Attack Race, while Capt. Al Orabi's car started in the drift race after being fitted with Hankook K127 tires.On this occasion Capt. Al-Mouri confirmed that he and his teammate...
December 18, 2022

Hankook Racing Team claims 2022 Saudi Toyota Championship

Saudi re
S&P assigns A- rating to Saudi Re with a stable outlook
RIYADH — Saudi Reinsurance Company (Saudi Re) announced obtaining 'A-' long-term issuer credit and insurer financial strength rating and 'gcAAA' regional scale rating from S&P Global Ratings, with a stable outlook.S&P highlighted that Saudi Re has continued to strengthen its competitive position via profitable business growth and diversification in recent years, thanks to local and international expansion. In its report published on Dec. 16, 2022, S&P mentioned that Saudi Re's exposure to catastrophe and other large risks is relatively modest and the company maintains capital adequacy above the 'AAA' level in S&P’s model.According to S&P, the planned capital increase through a rights issue in early 2023 will further support Saudi Re’s growth plans, and...
December 18, 2022

S&P assigns A- rating to Saudi Re with a stable outlook

Kevin Simzer, Chief Operating Officer, Trend Micro.
Trend Micro throws down the gauntlet to MEA threat actors: ‘You have an adversary; and we are here to stay’
Saudi Arabia has a vision. Wrapped up in that vision are goals such as world-leading healthcare, peerless education, jobs for all, and sustainable economic prosperity. In the many guidelines released by the kingdom’s government on Vision 2030, a recurring note is the need for digital transformation. This is occurring at scale, accelerated by the global pandemic, and now maintaining pace in pursuit of a new hybrid-work future. But amid innovation lurks threat. Cybergangs accelerated their operations to take advantage of remote-work and the vulnerable personal devices it introduced to digital estates. Cybersecurity has become a boardroom imperative.Trend Micro is an undeniable giant in the industry. Today, more than 7,500 employees (or “Trenders”) around the world serve around 500,000...
December 18, 2022

Trend Micro throws down the gauntlet to MEA threat actors: ‘You have an adversary; and we are here to stay’

Hankook Tire Ventus will be fitted with BMW i4
Global leading tire company Hankook Tire is equipping the BMW i4 Gran Coupé with its ultra-high-performance (UHP) Ventus S1 evo 3 tires. The tires come in mixed sizes in 18-inch and 19-inch widths. In addition, the manufacturer supplies a 19-inch runflat option and an 18-inch all-position option.The Ventus S1 evo 3 combines a reinforced sidewall with a high-strength bead core, resulting in sporty, dynamic driving performance and precision steering. In addition, the ultra-light rayon carcass and special aramid composite material in the belt area partly reduce unwanted expansion in the rolling circumference, even at very high speeds, which likewise has a positive effect on driving stability and precision steering. The special tread compound made from high-performance natural resins...
December 15, 2022

Hankook Tire Ventus will be fitted with BMW i4

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