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5281 - 5290 from 16520 . In "BUSINESS"
Nahdi Medical Co. wins Brand of the Year 2019 Award
JEDDAH — Nahdi Medical Co, the leading Saudi pharmaceutical retailer, won the Brand of the Year 2019 Award during the World Branding Awards ceremony that was held at the State Apartments of Kensington Palace in London at the 14th of November 2019. Winners of these annual awards are uniquely judged through three streams: brand valuation, consumer market research, and public online voting.Nahdi Medical was the only Saudi brand to be selected for this year's National Award in the healthcare – pharmacies category. The company won extensive public approval thanks to the great care that its pharmacists and medical professionals provide to every visitor, as well as the online services that are customized to meet consumer needs. Furthermore, Nahdi Medical CO is firmly committed to...
November 27, 2019

Nahdi Medical Co. wins Brand of the Year 2019 Award

Ghanem Al Ghanem
Saudi Arabia to host 10th Middle East Investment Conference
RIYADH — CFA Society Saudi Arabia will host the 10th Middle East Investment Conference on Dec. 11, 2019 at the Crowne Plaza Riyadh RDC Hotel & Convention. It will be the first time that the flagship Middle East Investment Conference will be held in Saudi Arabia, reinforcing its position as the region’s growing financial and investment center. Approximately 400 international thought leaders, policymakers, industry experts and key market participants from across the Middle East are expected to attend.Ghanem Alghanem, CFA, President of CFA Society Saudi Arabia, said: “We are honored to host such a prestigious event in Saudi Arabia for the first time with an outstanding program featuring key stakeholders in the Middle East investment industry and most distinguished practitioners.”Given...
November 27, 2019

Saudi Arabia to host 10th Middle East Investment Conference

Jollychic launches Jolly Friday in KSA and the rest of GCC
RIYADH — Jollychic, the world's leading online shopping platform, in conjunction with the Black Friday events on Nov. 29, launched JollyFriday in Saudi Arabia and the GCC, which runs throughout November, in the first of its kind for an electronic shopping platform.The JollyFriday event includes exclusive offers and special discounts of up to 80%. The offer includes all the products on the platform, most notably electrical appliances, electronics, clothing, personal care products, beauty, accessories and other exclusive items prepared for sale this month.JollyFriday activities include free gift coupons under the slogan "Guaranteed price and high quality", where the company offers customers the possibility to return goods and products in the event of a better selling price...
November 27, 2019

Jollychic launches Jolly Friday in KSA and the rest of GCC

Global smartphone demand weak in Q3
DUBAI — Global sales of smartphones to end users continued to decline in the third quarter of 2019, contracting by 0.4% compared with the third quarter of 2018, according to Gartner, Inc. Demand remained weak as consumers became more concerned about getting value for money.“For the majority of smartphone users, desire has shifted away from owning the least expensive smartphone. Today’s smartphone user is opting for midtier smartphones over premium-tier ones because they offer better value for money,” said Anshul Gupta, senior research director at Gartner. “In addition, while waiting for 5G network coverage to increase to more countries, smartphone users are delaying their purchase decisions until 2020.”This shift has led brands such as Samsung, Huawei, Xiaomi, OPPO and Vivo to...
November 26, 2019

Global smartphone demand weak in Q3

Global fashion industry 2020 outlook gloomy
JEDDAH — Though fashion leaders are not looking forward to 2020 as the prevailing mood among respondents to a survey is one of anxiety and concern.The McKinsey Global Fashion Index (MGFI) forecast that global fashion industry growth will slow further - down to 3 to 4 percent - slightly below predicted growth for 2019.On the one hand, evolving channels, shifting markets, and groundbreaking research offer revenue opportunities and the chance for radical innovation. On the other, global economic growth is slowing and competition is more intense than ever.To thrive in this environment, companies must think strategically, sharpen their decision making, and keep their fingers on the pulse of customer demand. They need to get digital right and to address consumers increasingly concerned by the...
November 26, 2019

Global fashion industry 2020 outlook gloomy

Participants in the meeting pose for a group photo
Najm and BIA meet with aim to enhance traffic safety in the GCC
RIYADH — In an effort to elevate knowledge exchange within the GCC vehicle insurance sector, Najm for Insurance Services and Bahrain Insurance Association (BIA) conducted a joint meeting on Sunday (Nov. 24) at the Wyndham Grand Hotel in Manama, during which Najm outlined its recent technology integration achievements and extensive expertise built by Saudi talents since its inception in 2007.The two entities, presided by Dr. Mohammad Al Suliman, CEO of Najm, and Mr. Abdulhameed Al Ammadi, General Manager of BIA, discussed methods to strengthen cooperation towards developing the vehicle insurance services in both nations and promoting emerging Saudi expertise within the sector, in aims to achieve safer roads that contribute to an enhanced quality of life as outlined in Saudi Vision 2030.In...
November 26, 2019

Najm and BIA meet with aim to enhance traffic safety in the GCC

E-payments account for 36% of all Saudi retail deals by July ’19
RIYADH — A study into electronic payments has revealed that e-payments accounted for more than 36% of all available payments in Saudi Arabia, including cash, exceeding the target share of non-cash transactions targeted by the Kingdom's Vision 2030, knowing that the objectives of the Financial Sector Development Program (FSDP) were to reach 28% by the end of 2020.The Saudi Arabian Monetary Authority (SAMA) in cooperation with the Saudi Payments Company conducted the study into the diversity of electronic payment methods. It found card payments accounted for the largest share of payments at nearly 30%, while other methods included SADAD platform payments and other financial payments.The study also found that Mada Sale Service Points recorded an unprecedented increase in the number and...
November 26, 2019

E-payments account for 36% of all Saudi retail deals by July ’19

MG Motor launches its first electric vehicle for Mideast
DUBAI — MG Motor has revealed its first-ever 100% electric vehicle for the Middle East market – the brand-new MG ZS EV - at the 2019 International Conference for Future Mobility. The stylish, compact SUV is based on the popular Middle East seller, the MG ZS, and is the first all-electric car from the British-born brand.MG is prepared to embrace the New Energy Vehicle world, and has already showcased this through the overwhelming response and the successful introduction of the MG ZS EV in Europe and the UK, the brand is launching its first-ever 100 percent electric vehicle in the region.The new MG ZS EV is equipped with a single electric motor that drives the front wheels and delivers 148bhp and 350Nm of torque – accelerating the compact SUV from 0 – 100 km/h in just 8.2 seconds....
November 26, 2019

MG Motor launches its first electric vehicle for Mideast

DIFC to host flagship Future of Finance Conference
DUBAI — Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region and global number eight international financial center, has announced that it will host the region’s leading finance conference at the Dubai Exhibition Centre during Expo 2020 Dubai, taking place in Dubai from October 20, 2020 to April 10, 2021.The Centre’s flagship event – a two-day conference under the theme The Future of Finance will bring together global leaders and business commentators alongside international and local sector changemakers. Exploring the latest financial sector trends, the event will uncover business growth opportunities offered within the fast growing MEASA region and reveal strategies to capitalize on the...
November 26, 2019

DIFC to host flagship Future of Finance Conference

Tim Berners-Lee
Web inventor launches plan to stop Internet abuse
BERLIN — World Wide Web inventor Tim Berners-Lee on Monday unveiled a "Contract for the Web" to halt "misuse" by governments, companies and individuals, bringing several capitals and tech titans like Google aboard."If we don't act now – and act together – to prevent the web being misused by those who want to exploit, divide and undermine, we are at risk of squandering" its potential for good, Berners-Lee said in a statement from his World Wide Web Foundation.Credited with laying the groundwork for the web – the universe of multimedia webpages accessible via the internet – in 1989, the computer scientist has since last year been developing the so-called Contract for the Web.His unveiling of the final document Monday comes as government, business...
November 26, 2019

Web inventor launches plan to stop Internet abuse

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