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941 - 950 from 16600 . In "BUSINESS"
JOALI Maldives offers a Maldivian Eid escape with a difference
At just a short flight from GCC cities, the Maldives proves a perpetually popular destination for those searching for peace, relaxation and connecting with loved ones. Providing the hallmarks of the idyllic Indian Ocean archipelago but with a unique character and soul is JOALI Maldives, the first and only art-immersive, ultra-luxury resort in the Maldives.Nestled on Muravandhoo Island in the unspoilt northern Raa Atoll, JOALI Maldives transforms the traditional Maldives getaway with a focus on art, culture, and immersive travel, elevating the traditional island experience by bringing the resort to life with creativity. This Eid, and beyond, the striking resort is inviting guests to tap into their creative side as a means to relax and rejuvenate the mind, body, and spirit, with the launch...
April 11, 2023

JOALI Maldives offers a Maldivian Eid escape with a difference

Dr. Abdulrahman Ibn Saad Aldakkan.
Dallah Hospital AlNakheel performs a successful procedure for a woman in her seventies with severe stroke
Dallah Hospital AlNakheel in Riyadh performed the first brain catheterization to remove a clot on a woman in her seventies with a severe stroke in a record time after the patient arrived at the hospital.In more detail, as soon as the patient arrived at the hospital, the medical team handled the case, and after performing thorough examinations on the patient, it turned out one of the main arteries feeding the patient's brain was blocked, leading to her having a severe stroke.The medical team stated that the severe stroke led to speaking difficulties, in addition to extreme weakness in the right side of the patient's body, resulting in weakness (drooping) in the face. This led to extreme difficulties in the patient's movement.In a comment about this case, Dr. Abdulrahman Ibn Saad...
April 11, 2023

Dallah Hospital AlNakheel performs a successful procedure for a woman in her seventies with severe stroke

OMODA/JAECOO is conducting investment promotion activities in Saudi market
On March 30, Chery International carried out in-depth exchanges and interactions with Saudi Arabian media outlets via live-streaming link event.During the live-streaming link event, Chery International not only introduced the enterprise strength of Chery Group, but also focused on two young and fashionable brands, OMODA and JAECOO.Chery International also indicated that Saudi Arabia will be the first step for OMODA/JAECOO to implement the "Gulf Strategy". In the future, the annual sales volume in the Saudi market is expected to reach 70,000 units, with a market share of more than 10%.Targeting at the trend of younger global consumer groups, Chery has proactively launched two new brands, OMODA and JAECOO. Specifically, the name of OMODA originated from "Modern" which...
April 10, 2023

OMODA/JAECOO is conducting investment promotion activities in Saudi market

TCL partners with Arsenal to enhance consumer engagement in the Middle East, Africa and Europe
TCL, a Global top 2 TV brand, has announced a new partnership with Arsenal Football Club. The collaboration will give Arsenal supporters in the UK, Middle East and Africa more opportunities to engage with the club, while also increasing TCL’s expanding footprint in sport by becoming the club’s Official Regional Consumer Electronics Partner in those markets.With a mission to Inspire Greatness, TCL understands the impact sport has on people around the world and the new partnership aims to engage supporters around their common passion for football.TCL will provide Arsenal supporters with exclusive club content and exciting deals on a product range including TVs, white goods and home appliances. Supporters will have the opportunity to participate in competitions and games with the lucky...
April 10, 2023

TCL partners with Arsenal to enhance consumer engagement in the Middle East, Africa and Europe

Tesla showroom in Beijing
Tesla to build new battery factory in Shanghai
BEIJING — Elon Musk's electric car company Tesla says it is expanding in China as it builds a new factory to make its large-scale batteries.The plant in Shanghai will be able to produce 10,000 of its "Megapack" energy storage units a year, the firm says.A Megapack is a very large battery that can be used to help stabilize energy grids and prevent power outages.Tesla already has Megapack plant in California, which also produces 10,000 of the units each year.Musk said on Twitter that the new Chinese plant will be in addition to Tesla's US factory.Building work on the new Megapack plant in China is expected to begin later this year, with battery production due to get underway by the summer of 2024, according to Chinese state media outlet Xinhua.Tesla did not immediately...
April 10, 2023

Tesla to build new battery factory in Shanghai

LuLu warehouse to run on solar energy: Big step towards sustainability
As part of Lulu’s ESG & Sustainability programs, a solar project is being installed at LuLu Warehouse in Riyadh, Saudi Arabia, in accordance with a contract with Kanoo Renewable Energy and CleanMax. As a result of the project, the first year is expected to generate 0.87 Mn kWh of electricity.With such a large solar project, LuLu has taken an important step towards sustainability and demonstrates their commitment to ESG and eco-friendliness. The solar installation will reduce LuLu Warehouse's carbon footprint and result in significant energy cost savings, which will contribute to a more sustainable future. Further, if LuLu's production exceeds its needs, LuLu plans to contribute the same to the Kingdom’s wellbeing, demonstrating their commitment to supporting sustainable...
April 08, 2023

LuLu warehouse to run on solar energy: Big step towards sustainability

KPMG: Conflict resolution and succession planning in Saudi family businesses
Family businesses in Saudi Arabia make up 63% of the private sector, bringing significant economic contributions to the economy. However, the survival rate of family businesses drops significantly as the business transitions from generation to generation.Family businesses in the Kingdom are relatively young and have either gone through one succession or none yet but the theme of succession planning is becoming more prevalent. KPMG Professional Services in Saudi Arabia, and the National Center of Family Business (NCFB) teamed up to support the family business ecosystem, given their impactful role in their contribution to the economy and job creation.Earlier, KPMG and NCFB signed a comprehensive agreement to examine family businesses in the Kingdom to design good governance strategy, smooth...
April 08, 2023

KPMG: Conflict resolution and succession planning in Saudi family businesses

KPMG: Despite increase in cost of funds and liquidity constraints, Saudi banking industry reported robust growth in 2022
With the global banking industry making headlines in the past weeks, the Saudi banking sector published its annual results for 2022. According to KPMG, a leading provider of audit, tax and advisory services, in its annual market update, the consolidated numbers for the ten Tadawul-listed banks reflect a robust performance, particularly indicating an increase in net profit by 28%, reaching SR62.71 billion. The growth trajectory is expected to continue on account of consistent demand of public and private sector financing and availability of non-interest-bearing deposits.The challenges faced by global banking sector faces were particularly heightened by shockwaves sent by the failures of Silicon Valley Bank and Signature Bank in the US and acquisition of Credit Suisse in Europe.“During...
April 03, 2023

KPMG: Despite increase in cost of funds and liquidity constraints, Saudi banking industry reported robust growth in 2022

The Pearl Initiative and SABIC collaborate on gender and corruption training for Saudi female business leaders
The Pearl Initiative, a business-led non-profit organisation focused on promoting corporate accountability in the Gulf Region, partnered with SABIC to organize a series of workshops on Gender and Corruption in Saudi Arabia. The training provided a forum for women leaders and executives to discuss and identify strategies to combat workplace corruption and other related challenges in the business environment.Baker Sindi, Senior Manager, Compliance Programs MEA at SABIC and Shatha Awdah Al-Shammari Senior Manager, New Hire Experience at SABIC, led the workshops, which engaged 75 female and male business leaders and executives. The primary objective was to equip participants with the skills required to recognize and address gender-specific issues related to corruption. To achieve this, case...
April 03, 2023

The Pearl Initiative and SABIC collaborate on gender and corruption training for Saudi female business leaders

A view of Elizabeth Tower at the Houses of Parliament in London
Britain strikes biggest post-Brexit trade deal
LONDON — The United Kingdom has clinched its biggest trading deal since leaving the European Union three years ago, though critics say it pales into insignificance compared to Brexit losses.On Friday, the government announced Britain was joining the Asia-Pacific trade pact, known as the CPTPP, which includes Japan, Mexico and Australia.The UK economy will receive a 1.8 billion pound (2 billion euro) boost in the long run, with tariffs on goods such as cheese, cars, chocolate, machinery, gin and whiskey slashed, said the government.They expected the CPTPP to increase the size of the economy by a modest 0.08% in ten years.Brexit will reduce the UK's long-term potential economic growth by 4% in the long term, according to the Office for Budget Responsibility, which advises officials.The...
March 31, 2023

Britain strikes biggest post-Brexit trade deal

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