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5691 - 5700 from 16554 . In "BUSINESS"
Al-Talayi, Bridgestone mark 70 years of partnership
JEDDAH — Al-Talayi Co. Ltd, the sole distributor of Bridgestone tires in the Kingdom of Saudi Arabia, commemorated its 70th Anniversary with Bridgestone in memorable style, by holding a lavish gala dinner in Jeddah - Laylati Hall last Monday. In attendance were Sheikh Khalid Bugshan, Chairman of Saudi Bugshan Company; Akihiro Eto, President & COO and Representative of Executive Officer of Bridgestone Corporation, in addition to respectable members of Bugshan family, hundreds of customers, suppliers and employees. During the event, Al-Talayi awarded its clients for their loyalty and honored its senior employees for their achievements and years of service.Alper Yuksel, CEO of Al-Talayi Co. Ltd, said “we take pride in this longstanding partnership with Bridgestone. It is one of the...
October 22, 2019

Al-Talayi, Bridgestone mark 70 years of partnership

Huawei Watch GT 2
Huawei Watch GT 2 for a smart living
RIYADH — Huawei keeps surprising us with their innovation especially with their wearable products where they are always seeking to make our lives easier by developing the Huawei Watch GT 2 through adding an amazing 14 days long battery life, and smart reminders applications, without forgetting the unique fashionable design.The Huawei Watch GT series has been working on improving their software with a new smart power saving algorithm 2.0 mode. It can smartly identify the user’s actions in different situations, such as standing, wearing or sport activities and adjusts energy usage for a perfect balance between performance and energy consumption during standard daily use.Huawei is known to have a deeply-rooted strength in innovation where we can see that Huawei used an HD Oled screen,...
October 22, 2019

Huawei Watch GT 2 for a smart living

SIRC completes acquisition of GEMS
RIYADH — The Saudi Investment Recycling Company (SIRC), a wholly- owned subsidiary of the Public Investment Fund (PIF), said Monday it has completed all procedures to acquire a 100 percent stake in Global Environmental Management Services (GEMS) from Jadwa Waste Management Opportunities Fund, which is managed by Jadwa Investment.The Saudi Investment Recycling Company (SIRC) and Jadwa Investment celebrated the success of the completed acquisition between SIRC and GEMS. The event was attended by Eng. Abdulrahman bin Abdulmohsen Al-Fadley, Minister of Environment, Water and Agriculture, and Chairman of the Board of Directors of (SIRC); and Adib Alzamil, Chairman of the Board of Directors of Jadwa Investment Company; Tariq Al-Sudairy, Managing Director and Chief Executive Officer of Jadwa...
October 21, 2019

SIRC completes acquisition of GEMS

TAQNIA, RDIF to provide commercial launch services for small spacecraft
RIYADH — The Saudi Technology Development and Investment Company (TAQNIA), owned by the Public Investment Fund (PIF), and the Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, on Monday signed a cooperation agreement to launch a project of organizing commercial launch services for small spacecraft.The agreement was signed as part of the official visit of Russian President Vladimir Putin to Riyadh, which aims to strengthen the strategic relationship between the two countries.Under the agreement, TAQNIA and RDIF will coordinate their joint efforts on preparing and investing in the development of technologies for launching small spacecraft into low Earth and solar-synchronous orbits as well as harness the potential commercial uses. Small space satellites of the two...
October 21, 2019

TAQNIA, RDIF to provide commercial launch services for small spacecraft

Eng. Abdulrahman AlMufadda
Zain Saudi Arabia further expands 5G network
RIYADH — Zain KSA held a press conference to unveil its 5G network services in Saudi Arabia, which was launched by the company last Oct. 5.The press conference provided media representatives and social media influencers a unique opportunity to experience the 5G network with all its features and enjoy the live applications of the service.At the outset of the conference, Zain KSA’s Chief Technology Officer Eng. Abdulrahman AlMufadda reviewed the company's journey and achievements in terms of the 5G network until its recent commercial launch. He stated that Zain has been a pioneer in providing the 5G services at several major events, including PUBG Championship 2019 organized during the Jeddah season, where contestants enjoyed an unprecedented experience in terms of speed and low...
October 21, 2019

Zain Saudi Arabia further expands 5G network

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PPA, Al-Yusr Leasing to provide financing benefits for pensioners
RIYADH – At its headquarters and under the patronage of its Governor Mohammed bin Talal Al-Nahas, the Public Pension Authority (PPA) signed a memorandum of understanding with Al-Yusr Leasing and Finance, in the presence of Bader bin Khalaf Al Shamari, CEO of Al-Yusr. The agreement includes the provision of financing benefits for pensioners and beneficiaries of the PPA's services across the Kingdom.The agreement was signed by the PPA, represented by Saud bin Sulaiman Al-Juhani, Assistant Governor for Insurance Affairs, and by Al-Yusr Leasing and Finance, represented by PPA's Governor praised the efforts of the team that worked to develop this agreement and turn it into a reality for both parties. He stressed the importance of the sustainability element in introducing such...
October 21, 2019

PPA, Al-Yusr Leasing to provide financing benefits for pensioners

tariffs
China seeks $2.4bn in sanctions against US in Obama-era case
GENEVA — China is seeking $2.4 billion in retaliatory sanctions against the United States for non-compliance with a WTO ruling in a tariffs case dating to the Obama era, a document published on Monday showed.WTO appeals judges said in July that the United States did not fully comply with a WTO ruling and could face Chinese sanctions if it does not remove certain tariffs that break the watchdog's rules.The WTO's Dispute Settlement Body effectively gave Beijing a green light to seek compensatory sanctions in mid-August. The United States said at the time that it did not view the WTO findings as valid and that the judges had applied "the wrong legal interpretation in this dispute".China continued to be the "serial offender" of the WTO's subsidies agreement,...
October 21, 2019

China seeks $2.4bn in sanctions against US in Obama-era case

Bentley Jeddah aftersales facility
Samaco opens Bentley Service Centre in Jeddah
JEDDAH — Samaco Automotive Company, the authorized dealer for Bentley in Saudi Arabia, announced the opening of the new service center for Bentley (Bentley Service Center Jeddah), which is the newest center among Bentley service centers in the Middle East after being fitted with the latest equipment and means that provide high-caliber services to Bentley customers.This new center is capable of serving 10 cars a day, where it is equipped with 9 car hydraulic lifts. The new state of the art center consists of Quick Service zone, reception area fitted with various entertainment facilities and high-speed Internet to keep the customer in touch with his business while awaiting the completion of his car service.Wayne Banoub, COO of Samaco Automotive, said:” Bentley's new service center...
October 21, 2019

Samaco opens Bentley Service Centre in Jeddah

Adnan v. Alonto (the ambassador of the Republic of the Philippines to Saudi Arabia) is inaugurating the LuLu “Pinoy Fiesta 2019” food festival at LuLu Hypermarket, Riyadh Avenue Mall, murabba  with presence of LuLu Saudi hypermarkets officials.
LuLu launches 'Pinoy Fiesta 2019'
RIYADH — LuLu, the largest hypermarket chain in the region, launched its annual Filipino Food Festival “Pinoy Fiesta 2019”, 7 Days of Fun and Food. The week-long fest from Oct. 20 to 26 offers a wide variety of food products imported from the Philippines. The launch event was inaugurated by Adnan V. Alonto, the Ambassador of the Republic of the Philippines to Saudi Arabia, at LuLu Hypermarket, Riyadh Avenue Mall, Murabba in the presence of LuLu officials.The festival highlights the culinary heritage and food and health hygiene in the Philippines. Moreover, the promotion features the best-quality agriculture produce and Filipino food products from local communities.Speaking on the occasion, Shehim Mohammed, Director of LuLu Hypermarket Saudi Arabia, said: “We have always been...
October 21, 2019

LuLu launches 'Pinoy Fiesta 2019'

Richard Teng
Fintech Abu Dhabi Festival kicks off with investor forum
ABU DHABI — Global investors are increasingly looking to the Middle East and North Africa for the next unicorn and high return investments, delegates in Abu Dhabi heard as the third edition of FinTech Abu Dhabi opened with the Investor Forum.More than 400 people gathered at Abu Dhabi Global Market (ADGM) Authorities Building for the inaugural FinTech Abu Dhabi Investor Forum day where the growth of the FinTech industry in MENA was lead topic. Prominent regional and international entrepreneurs shared their expertise on growing a thriving start-up ecosystem in the region, how to spot a unicorn and the possibility of another financial crisis in 2020.FinTech Abu Dhabi Festival continues tomorrow at Abu Dhabi National Exhibition Centre (ADNEC) with His Excellency Ahmed Ali Al Sayegh, Minister...
October 21, 2019

Fintech Abu Dhabi Festival kicks off with investor forum

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