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321 - 330 from 16531 . In "BUSINESS"
This positive shift demonstrates growing consumer confidence in Saudi Arabia's economic direction.
Consumer sentiment in Saudi Arabia shows positive trends: Ipsos report
Saudi Gazette reportRIYADH — The latest Ipsos Primary Consumer Sentiment Index (PCSI) for Saudi Arabia, released in May 2024, indicates an overall positive consumer outlook, reflecting strong confidence in the country's economic future.The PCSI for May 2024 stands at 72.7, slightly up from 71.9 in April. This positive shift demonstrates growing consumer confidence in Saudi Arabia's economic direction. A significant 95% of respondents believe that the country is heading in the right direction. This is one of the highest confidence levels globally, surpassing major economies like China (91%) and India (78%).When asked to rate the current state of the local economy, 73% of respondents rated it as strong, and 24% as neither strong nor weak. Looking ahead, 87% expect the economy to be...
July 29, 2024

Consumer sentiment in Saudi Arabia shows positive trends: Ipsos report

TCL unveiled lifestyle festival: The first POP-UP event, the best place to chill with family this summer
TCL Electronics, the world's Top 2 TV brand and Top 1 98-inch TV brand, proudly announced the TCL Lifestyle Festival, the first-ever POP-UP event in the Kingdom of Saudi Arabia. Held from July 25-31, 2024, at Cabo Coffee in City Yard, Jeddah, this event was positioned as the ultimate summer destination for families seeking comfort, entertainment, and innovative home solutions.As summer temperatures soared, homeowners looking to upgrade their air conditioning systems found their answer in TCL. Renowned for its innovative cooling solutions, TCL stood out as the premier choice for creating a comfortable and refreshing home environment. TCL invited attendees to "Relax and Breathe with TCL" at the TCL Lifestyle Festival, the ultimate destination to chill and experience the breeze...
July 26, 2024

TCL unveiled lifestyle festival: The first POP-UP event, the best place to chill with family this summer

OMODA JAECOO: A highly anticipated automotive launch in Saudi Arabia on July 29
OMODA JAECOO is set to make its highly awaited debut in the Saudi market on July 29, 2024.This launch has generated significant anticipation within the automotive industry in the Kingdom of Saudi Arabia (KSA), the largest automotive market in the Middle East.Despite its volume, the Saudi market faces challenges, particularly regarding service and spare parts availability.The market is saturated with several brands, yet none are directly distributed by their parent companies, creating a disconnect between the end consumers and the manufacturers. #OMODA #JAECOO, however, is poised to change this dynamic by positioning itself as a consumer-centric brand that prioritizes direct engagement with its customers.OMODA JAECOO's innovative business model in Saudi ArabiaFor the first time in Saudi...
July 24, 2024

OMODA JAECOO: A highly anticipated automotive launch in Saudi Arabia on July 29

Fiorenzo Manganiello, Managing Partner - LIAN Group.
Spotlight on emerging markets: venture capital opportunities beyond Silicon Valley
Venture capital, once synonymous with the bustling innovation hub of Silicon Valley, is now experiencing a shift in focus towards emerging markets.Despite the challenging global VC market performance in 2023, characterized by a sharp decline in investment levels, opportunities abound beyond traditional investment landscapes. Let's delve into how these facts and figures intertwine with the burgeoning venture capital scene in emerging markets with expert Fiorenzo Manganiello.Fiorenzo Manganiello is a seasoned entrepreneur and brings a wealth of expertise to the venture capital landscape. As the Managing Partner of LIAN Group, a venture capital firm specializing in technology-driven disruptions, he pioneers investments in companies poised to reshape traditional industries.His accolades,...
July 24, 2024

Spotlight on emerging markets: venture capital opportunities beyond Silicon Valley

Saudi Awwal Bank, HSBC forge strategic partnership to drive financial innovation in the Kingdom
This strategic alliance comes as Saudi Arabia aspires to become a hub for Financial innovation through Vision 2030. The signing ceremony took place in London, further solidifying the strong partnership between the two banks.Tony Cripps, Managing Director and CEO at SAB said: “Our customers' evolving needs in this rapidly changing, technology-driven era require us to innovate and introduce cutting-edge solutions continuously. As the Kingdom's leading international bank, we are thrilled to leverage HSBC's significant scale, capabilities, and expertise to bring the next generation of banking services to Saudi Arabia.”Stephen Moss, Chief Executive Officer, HSBC Middle East, North Africa and Turkiye and Board Member of SAB, echoed the sentiment: “For over 70 years’, HSBC and...
July 24, 2024

Saudi Awwal Bank, HSBC forge strategic partnership to drive financial innovation in the Kingdom

Hyundai Heavy Industries Turbomachinery successfully establishes corporate presence in Eastern Province
The grand opening ceremony of Hyundai Heavy Industries Turbomachinery was held on May 30 at the Mövenpick Hotel in Al Khobar.As one of the global top players in the turbo machinery sector, Hyundai Heavy Industries Turbomachinery produces a wide variety of pumps, centrifugal compressors, steam turbines, and cryogenic pumps for industrial and marine use, including ships, offshore oil and gas facilities, thermal and nuclear power generation, desalination, and petrochemical plants.Hyundai Heavy Industries Turbomachinery (HHI-TMC) celebrated the grand opening of its new joint venture with Supply and Support Service Systems Co. Ltd (4S), a technology and engineering company specializing in providing innovative solutions and services in the industrial and energy sectors in the Eastern Province...
July 24, 2024

Hyundai Heavy Industries Turbomachinery successfully establishes corporate presence in Eastern Province

Bayut Saudi Arabia launches innovative 'Search 2.0' tool to enhance property search experience in the Kingdom
Bayut Saudi Arabia, the leading real estate marketing platform in the Middle East and part of the Dubizzle Group, has announced the launch of a new search tool named "Search 2.0".This tool aims to improve the user experience in searching for properties by allowing users to find properties based on driving time to their preferred locations, thus facilitating decision-making for buyers, renters, and investors.The "Search 2.0" tool is distinguished by its ability to calculate driving time from the property to the workplace or any other preferred location. It also allows searches based on the user's budget and requirements. This tool is part of Bayut Saudi Arabia's efforts to enhance its marketing experience and meet the growing market demand in the Kingdom.To...
July 24, 2024

Bayut Saudi Arabia launches innovative 'Search 2.0' tool to enhance property search experience in the Kingdom

Fahad Al-Saif will maintain his current position as Head of the Global Capital Finance Division.
Fahad Al Saif appointed as PIF’s new Head of Investment Strategy & Economic Insights
RIYADH — The Public Investment Fund (PIF) has announced the appointment of Fahad Al-Saif as the new Head of the Investment Strategy & Economic Insights Division, effective immediately.Al-Saif will also maintain his current position as Head of the Global Capital Finance Division.In his expanded role, Al-Saif will be instrumental in shaping PIF’s investment strategy and addressing market trends, with a particular focus on sustainability and achieving net zero targets. His responsibilities will include leveraging advanced economic research and analytics to support strategic decision-making at the highest levels of PIF leadership.As the continuing Head of the Global Capital Finance Division, Al-Saif will oversee PIF's financing activities, which encompass capital finance strategy...
July 23, 2024

Fahad Al Saif appointed as PIF’s new Head of Investment Strategy & Economic Insights

Hassana and Dar wa Emaar sign MoU to develop 1.2 million sqm real estate project in Riyadh
Hassana Investment Company (Hassana) signed a Memorandum of Understanding (MoU) with Dar wa Emaar Real Estate Investment & Development Company (DWE) to develop a 1.2 million square meter real estate project in the Al Qadissiyah district of North Riyadh.This collaboration, a strategic partnership built on mutual strengths, will focus on master planning, infrastructure development, public amenities, and potentially developing anchor real estate assets.The development will accommodate up to 4,000 modern residential units and provide a total retail built-up area of approximately 100,000 square meters.The residential-focused master plan development will offer quality residential, educational, entertainment, and retail spaces to meet the growing needs of modern Saudi families. It also creates...
July 21, 2024

Hassana and Dar wa Emaar sign MoU to develop 1.2 million sqm real estate project in Riyadh

HONOR launches the HONOR 200 Series in Middle East region, unveils the future of AI portrait photography
HONOR, the global technology brand, launched regionally yesterday the all-new HONOR 200 Series at a spectacular launch event in Dubai. The series introduces two cutting-edge models, the HONOR 200 Pro and HONOR 200, promising to reshape the smartphone experience & portrait photography with a range of advanced AI features across camera, chipset, display, user interface and powerful capabilities in a sleek design. The HONOR 200 Series will be available in UAE, KSA, Iraq, Oman, Qatar, Kuwait, Jordan with a later rollout expected in South Africa.The event revolved around the concept of taking off on a journey to "HONOR AI World," where guests were invited to discover the latest advancements in AI portrait photography on the HONOR 200 Series. They engaged in interactive zones and...
July 18, 2024

HONOR launches the HONOR 200 Series in Middle East region, unveils the future of AI portrait photography

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