Zero trust remains an ongoing cybersecurity evolution
Achieving Zero Trust Data Resilience is not an overnight task but a journey requiring organizational alignment, continuous adaptation, and the...
Opinion
Innovative building codes transform MENA construction
Two emerging construction processes gaining popularity, especially in the MENA region, are 3D printing of concrete structures and offsite construction....
Opinion
Saudi Arabia plans new national airline
New carrier would push SA into the 5th rank globally in terms of air transit traffic The move is part...
Raayi: Online customer reviews can make or break a business
 Make customer ratings part of company's revenue-generation strategy  A negative review could cost a firm as many as 30 customers...
OPEC meet on Thursday likely to agree on raising production
Russia is expected to favor increasing output Most investors are currently expecting a modest rise of some 500,000 bpd over...
Saudi healthcare distributor Tamer Group acquires Mumzworld
Tamer Group calls acquisition step towards its digital plan aimed at contributing to Saudi Vision 2030 Mumzworld Founders Mona Ataya...
Hotel revenue rises more than 200 percent in Middle East
Data from HotStats shows hotel industry is seeing a rebound in the region The Middle East has now had 10...
Aramco awards East-West Pipeline compounds contract to special-purpose vehicle
Saudi Aramco has signed a deal for the construction of six residential compounds along the 1,200-km East-West pipeline The contract...
GE to develop Iraq’s power infrastructure, promote clean energy
GE will help Iraq develop power infrastructure It will also promote clean energy in the country General Electric (GE) will...
Rockwell Automation opens first training center in Egypt
Rockwell, a Fortune 500 company, recently acquired software provider Plex Systems Inc in an all-cash transaction that was valued at...
Saudi Arabia aims to be world’s primary source for dates
Saudi Arabia looks to dominate the dates industry It wants to establish itself as the primary source of dates for...
UAE professionals seek challenging work, advanced tech at workplace: Survey
59 percent claim remote work option is an important aspect in their workplace In the UAE, there is a higher...
Zero trust remains an ongoing cybersecurity evolution
Achieving Zero Trust Data Resilience is not an overnight task but a journey requiring organizational alignment, continuous adaptation, and the...
Opinion
Company News
Latest News
Markets drop as China growth worries offset Fed rate hopes
Regional traders extended Monday's retreat sparked by disappointing second-quarter data out of Beijing that missed forecasts badly and highlighted the...
Qatari small and medium-sized companies sign deals worth US$201m in H1
Doha, Qatar--Small and medium-sized companies in Qatar have signed deals worth $201 million during the first half of 2023, benefiting...
Economy
Rise in foreign sukuk offset by local currency decline
Saudi Arabia's reduced banking liquidity and lower oil prices have led to a decline in local currency sukuk, but a...
Business
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Economy
Saudi Arabia and Bahrain to collaborate on speeding up sustainable development
New York, US--Saudi Arabia and Bahrain are looking to collaborate in order to speed up the sustainable development goals, aligning...
- The discussion took place in New York on the sidelines of the United Nations High Level Political Forum on Sustainable Development 2023
- The ministers spoke at length about the he innovative practices adopted by the two countries for achieving sustainable development and deepening their expertise
Business
Qatar: Commercial Bank profit rises by 8.5%, Masraf Al Rayan’s dips by 24%
Doha, UAE - The Commercial Bank, a Qatari public shareholding company, experienced an 8.5 percent upswing in net profit, reaching...
- The figures issued by the bank website showed an increase in the EPS of Commercial Bank of QR 0.37 ($0.10) in the first half of 2023
- The financial statement of Masraf Al Rayan revealed a decline in net profits by 24 percent, to $207.12 million in H1 2023
Norway threatens $100,000 daily fine on Meta over use of personal data
The Norwegian watchdog, Datatilsynet, said Meta uses information such as the location of users, the content they like and their...
- The business practices of US big tech firms are under close scrutiny across Europe over concerns about privacy, with huge fines handed out in recent years
- The Norwegian watchdog, Datatilsynet, said Meta uses information such as the location of users, the content they like and their posts for marketing purposes