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5911 - 5920 from 16547 . In "BUSINESS"
“Smart drilling” software systems will help increase oil well productivity by up to 30 percent and to reduce construction times by half.
‘Smart drilling’ technologies to boost productivity by 30% and cut construction time: Report
DUBAI — Geosteering and other modern “smart drilling” software systems will help Gulf to increase oil well productivity by up to 30 percent and to reduce construction times by half, while mitigating production and process risks, according to the Finnish-Russian digital solutions provider ZYFRA.ZYFRA has invested $9 million in acquiring a controlling stake in Geosteering Technologies (GTI), one of the leading vendors of “smart drilling” software.The company’s core product is Geonaft, a modular software package designed to provide comprehensive engineering support for directional and horizontal drilling through optimal positioning of the well bore within the target horizon. Geonaft determines the well’s stratigraphic position while drilling and forecasts changes in the...
September 29, 2019

‘Smart drilling’ technologies to boost productivity by 30% and cut construction time: Report

LogiPoint has been awarded the Seatrade Maritime Supply Chain & Logistics Award 2019 in Dubai.
LogiPoint wins Seatrade Maritime Supply Chain & Logistics Award
DUBAI — LogiPoint (Logistics Enabled), the largest company of its kind in Saudi Arabia, has been awarded the Seatrade Maritime Supply Chain & Logistics Award 2019 for the Middle East, Indian subcontinent and Africa during a special ceremony here to celebrate and honor distinguished regional shipping, port and maritime logistics operators.LogiPoint has won the award for the extended commitment to continually provide high quality and advanced integrated logistics solutions, and by making dynamic efforts to introduce international concepts towards logistics efficiency contributing to Saudi Arabia’s Vision 2030 and the National Industrial Development and Logistics Program (NDLIP), under the supervision of the Saudi logistics Hub, which seeks to develop the Kingdom’s economic growth...
September 29, 2019

LogiPoint wins Seatrade Maritime Supply Chain & Logistics Award

ADFD supports healthcare sector in Zanzibar
ABU DHABI – Abu Dhabi Fund for Development (ADFD) signed a Memorandum of Understanding (MoU) with the Government of Zanzibar in the Federal Republic of Tanzania to provide AED37 million (US$10 million) towards the development of Wete Hospital on Pemba Island in Zanzibar.The MoU was signed by Mohammed Saif Al Suwaidi, ADFD Director General and Mohammed Ramia Abdiwawa, Minister of Finance and Planning in the region.The project aims to support the healthcare sector, improve the efficiency of healthcare services and develop the capacities of local medical personnel. It will provide treatment and healthcare services to thousands of citizens on Pemba and surrounding islands in Zanzibar.Mohammed Saif Al Suwaidi said: “The MoU signed today articulates the active role of the UAE and ADFD in...
September 28, 2019

ADFD supports healthcare sector in Zanzibar

Ned Baltagi
SANS Institute to host cyber security training event in Riyadh
RIYADH – SANS Institute, the global leader in cyber security training and certifications, is hosting its autumn training event in Riyadh this October, providing cyber security professionals in the Kingdom with the hands-on skills and latest tools and techniques to defend their organizations against security breaches and prevent future attacks. SANS Riyadh October will be held on Oct. 5-10, 2019 at the Burj Rafal Hotel, Riyadh.Ned Baltagi, Managing Director, Middle East and Africa at SANS Institute, said: “The recent cyber attacks in the Kingdom of Saudi Arabia have shown that organizations there remain vulnerable. SANS’ courses are designed to train cyber security professionals in the Kingdom to defend against all kinds of attack, from sophisticated nation-state driven attacks on the...
September 28, 2019

SANS Institute to host cyber security training event in Riyadh

Abdullah Al-Dawood
Seera Group invests over SR1bn in Saudi tourism
RIYADH — Seera Group, the leading travel and tourism company in the Middle East, has announced an investment of over SR1 billion in tourism for the Kingdom covering promotion, distribution, infrastructure and Saudi human capital development.This was announced by Abdullah Al-Dawood, Board Member and Group CEO of Seera Group, at the signing of an agreement with His Excellency Ahmed Al Khateeb, President of the Saudi Commission for Tourism and National Heritage (SCTH) on September 27, 2019 in Riyadh.“Our investment highlights our commitment to build the tourism value chain of the Kingdom, as Saudi Arabia enters a new era of growth,” said Al-Dawood. “In this transformation of the tourism sector, the private sector will play a key role in enabling global visitors to experience the rich...
September 28, 2019

Seera Group invests over SR1bn in Saudi tourism

Konica Minolta ensures business growth for customers
DUBAI — Konica Minolta Business Solutions Middle East, a leader in delivering matchless business transformation solutions and technologies, continues to add more value and offerings to its customers through Prokom, an exclusive community of Konica Minolta production print and industrial print users.Konica Minolta’s invites its customers in the Middle East region to join Prokom, in an order to share ideas through joint discussions, develop and grow efficient digital communication services, as well as become a platform for members to express their voice and cross-pollinate with other Konica Minolta users in the region and globally.Prokom provides opportunities for members to connect learn and grow through e-learning courses, self-help videos, forums, expert content, market research as...
September 28, 2019

Konica Minolta ensures business growth for customers

Tal Nazer
Bupa Arabia joins MCSI EM Index
JEDDAH — Tal Nazer, CEO of Bupa Arabia, announced that the company has recently joined the MSCI Tadawul 30 (MT30) Index, a joint tradeable index launched by the Saudi Stock Exchange (Tadawul) and MSCI to serve as the basis for Exchange-Traded Funds (ETFs). The index is designed to reflect the performance of approximately the 30 largest and most traded stocks listed on the Saudi Stock Exchange (Tadawul).“Bupa Arabia is proud to be part of this historic moment which witnessed the Saudi Stock Exchange joining arms with MSCI Emerging Market Index”, stated Tal Nazer- Bupa Arabia’s CEO. He attributed this economic achievement to the increasing competitiveness of the Saudi stock market and the Kingdom’s ambitious Vision 2030 which established a new phase in the Saudi economic system.He...
September 28, 2019

Bupa Arabia joins MCSI EM Index

‘Foodex Saudi 2019’ to have more participants
JEDDAH — Saudi and international official bodies have started preparing to participate in the largest international food and beverage exhibition in the Kingdom — “Foodex Saudi”. The Exhibition will be held on Nov. 11-14 at the Jeddah Center for Forums and Events, and will be witnessing an exciting competition between local, regional and international corporations to provide the latest innovations in the food industry, amid the keenness of a large number of investors in the world to be in the Saudi market.The Organizing Committee of “Foodex Saudi 2019” has announced a wide participation this year from countries that will be participating for the first time in official wings with the support of their governments, headed by Singapore, India, China and Uzbekistan. On the local...
September 28, 2019

‘Foodex Saudi 2019’ to have more participants

HMP03755
'Saudi Event Show' ends on a high note
RIYADH — With major developments under the Vision 2030 National Transformation Program, the events and entertainment sector in the Kingdom of Saudi Arabia is set to undergo a major expansion in the coming years, according to industry experts who participated in the Saudi Event Show, which concluded on Thursday.The two-day Saudi Event Show, which attracted an attendance of more than 2,000 events and entertainment professionals and 50 innovative exhibitors from across the industry, offered a platform for the attendees to meet and engage with key local and international stakeholders and discuss Kingdom’s prospective opportunities for the industry.The first day of the event hosted several renowned speakers including Mohammed Tayem, CEO entourage marketing & events; Basil Ghannam Al...
September 28, 2019

'Saudi Event Show' ends on a high note

Mohammad Gazzaz
UberTaxi service launched in Saudi Arabia, first in the GCC
RIYADH – Uber Saudi Arabia has launched the UberTaxi service in the Kingdom, offering convenient and seamless taxi rides via the Uber app at the tap of a button. Saudi Arabia is the first market in the GCC region to benefit from the UberTaxi service and the move is testament to Uber’s dedication to the Kingdom in further advancing the mobility system and serving the needs of its cities, taxi companies and riders.Uber aims to enhance mobility options across the Kingdom and contribute towards its growth and modernization through its services, in line with the National Transformation Program, one of which its initiatives is improving the quality of urban transportation services.While Saudi Arabia has one of the largest road networks in the world connecting major cities and providing...
September 28, 2019

UberTaxi service launched in Saudi Arabia, first in the GCC

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