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In "BUSINESS"
February 14, 2024
Amazon founder Jeff Bezos sells shares worth over $4bn
The information technology (IT) landscape is undergoing rapid changes with the emergence of public cloud, everything-as-a-service (XaaS), artificial intelligence (AI), and other technological advancements, presenting new challenges for IT leaders and their teams.According to recent publication by KPMG Saudi Arabia titled “The future of IT”, IT functions play a pivotal role in ongoing digital transformation, yet their future remains uncertain.The report conducts in-depth research into the changing forces of IT, identifying six key trends that center on XaaS, data, resilience, talent, innovation, and ESG.Firstly, the report highlights a significant shift from on-premises to IT consumed as a service (XaaS), with IT supporting applications by brokering, integrating, and orchestrating...
February 13, 2024
Innovation and Resilience: KPMG’s blueprint for IT’s future
February 12, 2024
Prince Turki bin Mohammed bin Nasser opens Beautyworld Saudi Arabia 2024
Sovereign Wealth Fund Institute (SWFI) successfully concluded its Family Office Round Table (FORT) Dubai 2024 at Dubai's iconic Museum of the Future on February 2nd. "Abundance for the Future”, co-hosted with US-based Patel Family Office brought together policymakers, innovators and global wealth leaders managing an estimated $2 trillion in assets from 46 countries.Across a unique and varied blend of high-level panel discussions, keynote speeches, fireside chats, awards, networking sessions, notable attendees included H.H. Shaikha Jawaher Bint Khalifa Al Khalifa, Founder and Chairperson, FUTURE8 and Member of Board of Directors, NFINITY8 Dubai; H.E. Marwan Jassim Al Sarkal, Founder and CEO, Chapter 3; Mohammed Alblooshi, Chief Executive Officer, DIFC Innovation Hub.Lakshmi...
February 11, 2024
SWFI FORT Dubai 2024 culminates with major AI innovation and global collaboration
February 08, 2024
JACO launches largest Mercedes-Benz vehicle centre in Riyadh on Northern ring road
February 07, 2024
UAE’s Lulu Group continues sending relief aid to Gaza
February 06, 2024
Amit Midha appointed as global CEO of Alat
Known for its outstanding project execution, Alfanar Engineering Services, a leading provider of engineering services for utility assets and electrical equipment, received an award from Saudi Aramco Total Refining and Petrochemical Company (SATORP) for their work in the scheduled maintenance of the first production line in October 2023. This commendation highlights the significant role played by Alfanar Engineering Services in completing the project, which encompassed Medium Voltage Switchgear, Motor Control Centers, Distribution Panels, Transformers, Motors, and Low Voltage Switchgear across five locations within the SATORP complex.The recognition was conferred at a ceremony hosted by SATORP in Jubail, honoring contractors involved in the scheduled maintenance in 2023. SATORP is one of...
February 05, 2024
Alfanar Engineering Services awarded at Saudi Aramco Total Refining and Petrochemical Company ceremony
Jiad Modern Motors, a Mohamed Yousuf Naghi Company and the distributor for MG Motor in Saudi Arabia, celebrated the official launch of the all-new MG WHALE SUV COUPE in a grand ceremony held at a luxury hotel in Jeddah. The event was attended by Eng. Ihab Elfeky, Managing Director of Jiad Modern Motors, distinguished businessmen, media representatives, major influencers, and auto enthusiasts.The MG WHALE is a sporty mid-size SUV designed to cater to young customers, ambitious professionals, and urban families seeking adventure in their lives. Inspired by the whale, its design features a unique Whale grille, Whale-fin inspired exterior mirrors, and a Whale-tail spoiler, reflecting the model's vitality and elegance.The MG WHALE is powered by a 2.0L Turbo engine with 231 HP and 370 Nm...
February 04, 2024
Jiad Modern Motors launches the all-new SUV Coupe: MG WHALE
February 03, 2024
HONOR announces the launch of HONOR Magic V2 in the KSA
