Friday December 19, 2025 / 28 , Jumada al-akhirah , 1447
Header Logo
Leading The Way
search-icon
Footer Header
search-icon
SG
Saudi Arabia
Opinion
Discover Saudi
World
Sports
Business
Life
Advertisements
search-logo
  • Home
  • BUSINESS
BUSINESS
5211 - 5220 from 16722 . In "BUSINESS"
Abdulaziz Al-Sowailim
EY Ripples corporate responsibility program launched in MENA
RIYADH — EY has announced the launch of EY Ripples globally and in the MENA region. EY Ripples is a global corporate responsibility program aimed at promoting positive change in the lives of millions by mobilizing and inspiring EY people and networks.To build a better working world, EY Ripples focuses on three distinct areas: supporting the next generation workforce, working with impact entrepreneurs, and accelerating environmental sustainabilityAbdulaziz Al-Sowailim, MENA Chairman and CEO, EY, said: “As a global organization with the ability to create an impact, EY is fully committed to making a meaningful contribution in the communities we operate in by using our skills, knowledge, and experience to help drive sustainable economic growth. The EY Ripples program is a testament to this...
December 24, 2019

EY Ripples corporate responsibility program launched in MENA

Honda opens a new showroom in Jizan
JEDDAH — Abdullah Hashim Co. Ltd, sole distributor for Honda products in Saudi Arabia, gladly announced the opening of a new showroom in Jizan at Malik Abdulaziz Road to meet the growing demand and to provide best service to the customers.This showroom contains all the Honda products including automobiles, motorcycles, power products and marine. “We have invested in new location in Jizan to expand the company’s network, which is one of the most important basics of our plan and strategy, where we strive to bring the Honda brand closer to all customers across the Kingdom,” the company said in a statement. — SG
December 24, 2019

Honda opens a new showroom in Jizan

Travis Kalanick
Uber says co-founder Travis Kalanick to leave company's board
NEW YORK — One of the founders of dominant ride-hailing service Uber, Travis Kalanick, will exit the company at the end of the year, the company announced on Tuesday.Kalanick resigned from the board of directors effective Dec. 31 "to focus on his new business and philanthropic endeavors," Uber said in a statement."Uber has been a part of my life for the past 10 years. At the close of the decade, and with the company now public, it seems like the right moment for me to focus on my current business and philanthropic pursuits," Kalanick said. — AFP
December 24, 2019

Uber says co-founder Travis Kalanick to leave company's board

Gita Gopinath
IMF calls for 'urgent' action by India amid slowdown
WASHINGTON — India's government must take steps quickly to reverse the economic slowdown of an economy that has been one of the engines of global growth, the International Monetary Fund said Monday.Declining consumption and investment, and falling tax revenue, have combined with other factors to put the brakes on one of the fastest growing economies in the world, the IMF said in its annual review.After lifting millions out of poverty "India is now in the midst of a significant economic slowdown," Ranil Salgado, of the IMF Asia and Pacific Department, told reporters."Addressing the current downturn and returning India to a high growth path requires urgent policy actions."However, the government has limited space to boost spending to support growth, especially given...
December 24, 2019

IMF calls for 'urgent' action by India amid slowdown

China's Premier Li Keqiang speaks during a joint press conference at the 8th trilateral leaders' meeting between China, South Korea and Japan in Chengdu, southwestern China's Sichuan province, on Tuesday. — AFP
China signals stepping up economic support in 2020
BEIJING — Chinese Premier Li Keqiang signaled plans to free up more cash for the country's banking system in a bid to boost lending to small businesses as leaders look to kick-start the world's number two economy.Li flagged a fresh cut to the amount of cash lenders must keep in reserve, according to state news agency Xinhua, in the latest move to ramp up stuttering growth.The comments from Li came as he visited a bank in Chengdu a day before Tuesday's trilateral summit with the leaders of South Korea and Japan in the southwestern city.Li said he was "very concerned about the financing of small and micro businesses" and the government will "increase support for small and medium-sized banks" that directly serve these businesses, Xinhua reported.The...
December 24, 2019

China signals stepping up economic support in 2020

LEVA Mazaya Centre Dubai opens
DUBAI — Celebrate the season of joy with LEVA Mazaya Centre. With an outstanding choice of accommodation options, irresistible dining offer and superb location, the hotel offers the perfect setting to enjoy the festive season with your family and friends. Whether you are celebrating Christmas, New Year or simply the Holiday Season, LEVA Mazaya Centre the has got a unique experience waiting for you.JS Anand, Founder and Chief Executive Officer of LEVA Hotels & Resorts, said “it is the most wonderful time of the year. We have created some fantastic festive packages to make your celebrations memorable. Our chefs have been working extremely hard to serve you with the finest delicacies and traditional favourites such as the exquisite festive menu. Being a family destination on our menu is...
December 24, 2019

LEVA Mazaya Centre Dubai opens

During the signing of two concession contracts
Mawani signs SR9bn BOT deals for the development of Jeddah Islamic Port container terminals
JEDDAH — Saudi Ports Authority, (Mawani) signed on Monday two concession contracts for the development of container terminals at Jeddah Islamic Port under the BOT scheme (Build, Operate and Transfer) with DP World – a prominent global ports operator and developer, and Red Sea Gateway Terminal – a leading local and regional ports operation and development firm.The high-profile event was hosted under the patronage of Prince Badr Bin Sultan Bin Abdulaziz Al Saud, Acting Governor of Makkah Province, in the presence of Prince Mishaal Bin Majid Bin Abdulaziz Al Saud, Governor of Jeddah, Minister of Transport and Mawani Chairman Eng. Saleh Bin Nasser Al-Jasser, Minister of Industry and Mineral Resources Bandar Bin Ibrahim AlKhorayef and other ranking officials, dignitaries and executives...
December 23, 2019

Mawani signs SR9bn BOT deals for the development of Jeddah Islamic Port container terminals

BoeingCEO
Boeing CEO ouster stirs markets out of holiday lethargy
LONDON — The shock announcement that Boeing ousted its embattled CEO invigorated Wall Street, while trading was muted on European and Asian stock markets as many investors were already away for Christmas.Boeing said the leadership change was needed to "restore confidence" and "repair relationships with regulators, customers and all other stakeholders" and the news sent the Dow member's share price jumping 2.5 percent.Still, at around $336, the share is considerably off from the $446 it struck earlier this year as the aircraft manufacturer has been unable to deliver a quick fix to the problem seen behind the crash of two 737 MAX airliners.Dennis Muilenburg was replaced by board Chairman David Calhoun because the grounding of the MAX has dragged on far longer than...
December 23, 2019

Boeing CEO ouster stirs markets out of holiday lethargy

$34bn investment In HVAC R Systems needed amid Saudi construction demand
RIYADH — HVAC R Expo Saudi, Saudi Arabia’s largest event dedicated heating, ventilation, air conditioning and refrigeration (HVAC R) industry, will return to for a 5th edition at Riyadh International Convention & Exhibition Centre on Feb. 11 – 13, 2020, organizer dmg events said.The announcement comes as opportunities for HVAC R stakeholders in the Middle East market are growing exponentially. GCC investments in HVAC R systems over the next decade is estimated to exceed $68bn in total, according to a recent report published by dmg events and MEED Projects.As for the Kingdom itself, Event Director for HVAC R Expo Saudi, Roni El Haddad said: “On the back of a construction boom in the country, Saudi Arabia alone represents over 50% of the total needed investments for HVAC R solutions...
December 23, 2019

$34bn investment In HVAC R Systems needed amid Saudi construction demand

AI has many environmental applications
AI key to boosting global GDP by $5.2trn
ABU DHABI — Artificial Intelligence (AI) will be a key enabling technology in achieving renewable energy and sustainability targets, according to a report released today ahead of January’s 2020 World Future Energy Summit.The report, “Artificial Intelligence: Transforming the Future of Energy and Sustainability,” is based on a comprehensive literature review of AI’s predicted impact – compiled from almost 70 separate consultants’ reports, journal articles, news articles and analysis, and government documents. It shows AI will be the common factor in sustainability improvements across a wide range of industries, acting as the enabler of other innovations.Current predictions from PwC suggest that by the end of the next decade, using AI for environmental applications could unlock...
December 23, 2019

AI key to boosting global GDP by $5.2trn

< Previous Next >
footer logo
COPYRIGHT © 2025 WWW.SAUDIGAZETTE.COM.SA - ALL RIGHTS RESERVED
Powered by NewsPress
NEWS CATEGORY
saudi arabia world opinion business sports esports life
COMPANY
advertisements about us Epaper contact us Archive privacy policy