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5281 - 5290 from 16719 . In "BUSINESS"
SCAT Airlines launches direct flights to Jeddah and Madinah
RIYADH — SCAT Airlines, one of the largest air carriers transporting Kazakhstan passengers to the neighboring countries and beyond for 22 successful years, started operating flights on the routes Almaty-Jeddah (on Wednesdays) and Almaty-Madinah (on Saturdays) on Boeing-757 aircraft. The flight, taking approximately 5 hours travel time, will leave every Saturday and Wednesday from the Kazakh capital.The launching of new direct flights to one of the popular destinations from Kazakhstan will expand the relations between the two countries. The new route will allow individuals of religious and business communities, in addition to tourist groups to arrange for trips with the most convenient schedule, saving time as well.“I want to congratulate all of you on the launch of SCAT's direct...
December 17, 2019

SCAT Airlines launches direct flights to Jeddah and Madinah

MYNM launches Ford 2020 models at the 41st Saudi International Motor Show
JEDDAH — Mohamed Yousuf Naghi Motors revealed its latest collection of Ford models at the recently held 41st Saudi International Motor Show, after being appointed the authorized dealer of Ford cars in the Western and Southern provinces of the Kingdom. A host of top executives were present at the company’s stand, amid a dazzling fleet of Ford cars much beloved by Saudi drivers, the most notable of which is the all-new Explorer SUV revealed here for the first time in the Kingdom, in addition to numerous new Ford models for 2020, such as Escort and Taurus that have been recently launched in the Kingdom.Abdul Wahab Itani, Executive Vice President of MYNM, attended the motor show along with Isam Abunabah, General Manager Ford & Lincoln, Marketing Manager Eng. Essam Nauwar, and Ahmad...
December 17, 2019

MYNM launches Ford 2020 models at the 41st Saudi International Motor Show

Cyber security specialist fastest-growing profession in Saudi Arabia
RIYADH — LinkedIn, the world’s largest professional network, debuted a Saudi-focused chapter of its annual Emerging Jobs Report that reveals a major shift towards tech-oriented professions in Saudi Arabia. Cyber security specialist, digital specialist, full-stack engineer, and digital marketing specialist have all been listed among the top 10 emerging jobs in the country.By compiling data collected between 2015 and 2019, the Emerging Jobs Report offers an in-depth analysis of global job markets and the fastest-growing professions in today’s world of work. The report allows job seekers as well as hirers to understand the current employment landscape and helps professionals explore economic opportunities and stay relevant in the rapidly changing labor market.This is the first time...
December 17, 2019

Cyber security specialist fastest-growing profession in Saudi Arabia

صورة الافتتاح 1
First Abu Dhabi Bank opens Jeddah branch
JEDDAH — First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, further expands into the Kingdom of Saudi Arabia with the opening of a branch in Jeddah. The Saudi Arabian Monetary Authority (SAMA) has granted FAB a license to open three branches in the Kingdom, with the bank commencing operations in Riyadh and Al Khobar earlier in 2019.The ribbon-cutting ceremony to mark the Jeddah opening was attended by Saleh Al-Turki, Mayor of Jeddah; Mohamed Yousuf Naghi, Chairman of Chamber of Commerce – Jeddah; and Hana Al Rostamani, Group Head of Personal Banking, FAB, along with other members of the bank’s senior leadership.Abdulhamid Saeed, Group Chief Executive Officer of FAB, said: “Our new Jeddah branch marks an important...
December 16, 2019

First Abu Dhabi Bank opens Jeddah branch

US, China deal lifts stocks into record
NEW YORK/BEIJING — Wall Street stocks pushed into record territory on Monday as investors absorbed a new US-China trade deal and Beijing released some upbeat economic data.All three main US stock indexes, the benchmark Dow Jones Industrial Average, the broader S&P 500 and tech-heavy Nasdaq all moved into record territory during morning trading.The Dow was up 0.6 percent at 1630 GMT.European stock markets pushed higher Monday, led by strong gains for London thanks to a steadier pound.The dollar largely weakened and Asian equities mostly retreated as markets awaited details of a key China-US trade deal.Sterling held up against the dollar, but was down from Friday's 18-month high against the greenback. The pound drifted lower against the euro, against which it had hit a more than...
December 16, 2019

US, China deal lifts stocks into record

ArcelorMittal completes acquisition of Essar Steel
MUMBAI — The world's biggest steelmaker ArcelorMittal announced Monday that it has concluded its acquisition of debt-laden Essar Steel, a significant win for India's nascent bankruptcy law designed to help nurse insolvent companies back to health.The announcement brings a fractious chapter to a close after India's Supreme Court cleared ArcelorMittal's bid for Essar Steel last month, setting aside a previous ruling by a national tribunal that threatened to obstruct the deal.One of India's key steelmakers, Essar Steel was earmarked for insolvency proceedings in 2017 under the country's first ever bankruptcy law passed a year earlier."The acquisition of Essar Steel is an important strategic step for ArcelorMittal," the global giant's chairman Lakshmi...
December 16, 2019

ArcelorMittal completes acquisition of Essar Steel

10 predictions for airports of future
JEDDAH — SITA, the leading IT provider for the air transport industry, on Monday unveiled 10 bold predictions about the technology shaping how passengers will move through the airport of the future, based on unique insights, driving industry forces and emerging technologies.The airport experience has morphed dramatically in the past 10 years with the introduction of biometric security, mobile check-in, and baggage tracking. And there is much more to come.The next decade will witness an exponentially accelerated pace of change as digital native passengers and staff usher in transformative technologies, from flying taxis to airports that think for themselves.Benoit Verbaere, Business Development Director, SITA predicts major change for nearly all aspects of the airport experience.Verbaere...
December 16, 2019

10 predictions for airports of future

SBI Card Pay service launched
NEW DELHI — SBI Card has recently launched the SBI Card Pay service that enables customers to create a virtual card on their mobile phone for their physical Visa SBI credit card. The customers can now simply tap their mobile phone on a Near Field Communication (NFC)-enabled point of sale (POS) terminal to make payments. Besides SBI Card app, the service is powered by Comviva's HCE Module from its mobiquity Banking suite, that leverages host card emulation (HCE) technology and tokenisation to deliver swift, seamless, secure and convenient contactless mobile payments to customers.To avail of the SBI Card Pay service, customers with an Android smartphone (housing Android OS KitKat version 4.4 and above) have to register their Visa SBI credit card on the SBI Card mobile application. This...
December 16, 2019

SBI Card Pay service launched

HEALTH CARE
Universal healthcare issues tackled in 7th Islamic Conference of Health Ministers
ABU DHABI — The 7th Islamic Conference of Health Ministers (ICHM) Health Ministers was officially inaugurated Monday in Abu Dhabi with high-profile attendees featuring Secretary-General of the Organization of Islamic Cooperation (OIC), Ministers of Health and high-level representatives from the OIC Member States and representatives of international organizations.Hosted by the UAE and organized by the Ministry of Health and Prevention (MoHAP) in cooperation with OIC, the conference is scheduled to run until Dec. 17 under the theme “Quality of Life”.The opening session was kicked off with a speech by Dr. Tawfiq Bin Fawzan Al Rabiah, Minister of Health, Kingdom Of Saudi Arabia, in which he shed light on plans that ministries of health of member states are working on and challenges they...
December 16, 2019

Universal healthcare issues tackled in 7th Islamic Conference of Health Ministers

Jamil Ahmad
Saudi healthcare industry stands to gain from Edge
JEDDAH — According to a recent report by Global Health Exhibition by Informa Markets, entitled ‘2019 Saudi Arabia Healthcare Industry Overview - Towards the healthcare goals of Saudi Vision 2030’, healthcare remains a top priority for the government in the Kingdom of Saudi Arabia. In line with the government’s Vision 2030 and the National Transformation Program (NTP), the Ministry of Health (MoH) is expected to spend close to $71 billion over five-years ending in 2020. There is also a significant rise in population with an increase in those over the age of 60 years, as well as the adoption of mandatory health insurance in the country.Jamil Ahmad, country manager – Saudi Arabia at Aruba, a Hewlett Packard Enterprise company, said “with the expected growth rates in the healthcare...
December 16, 2019

Saudi healthcare industry stands to gain from Edge

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