Business & Money | Tuesday 30 August, 2022 12:09 pm

Sustainability at the core of the corporate strategy.

The BMW Group continues to adhere to its ambitious sustainability targets and will reduce its CO2 emissions by 40 per cent per vehicle by 2030 across the entire value chain, compared to 2019 values. “We are consistently driving the issue of sustainability with our innovations,” says Thomas ...

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Business & Money | Tuesday 30 August, 2022 12:06 pm

Logitech’s Cloud-based Software Expands to Support Users Wherever They Work

 Logitech (SIX: LOGN) (NASDAQ: LOGI) announced a major update to the Sync device management platform, built to support the modern, hybrid workforce. Sync now supports personal collaboration devices, such as webcams, headsets, and docking stations, making it easy for IT to manage conference...

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Business & Money | Tuesday 30 August, 2022 9:55 am

AWS Launches Region in the United Arab Emirates

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced the launch of its second Region in the Middle East, the AWS Middle East (UAE) Region. Starting today, developers, startups, entrepreneurs, and enterprises, as well as government, education, and...

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Business & Money | Monday 29 August, 2022 3:59 pm

Three SAUDIA Employees Appointed to IATA’s Advisory Councils

 Three members of Saudi Arabian Airlines (SAUDIA), the Kingdom’s national flag carrier, have joined The International Air Transport Association’s (IATA) Advisory Councils for the 2022-2025 term. IATA is a global airline trade association, representing 290 airlines, 120 countries, and 83%...

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Business & Money | Monday 29 August, 2022 1:19 pm

Saudi Maritime Congress to emphasize digitalization, modern solutions

The 2022 Saudi Maritime Congress will focus on the revolution in the shipping and logistics industry — not just for Saudi Arabia but for the Gulf Cooperation Council. The event is scheduled to take place on Sept. 28-29 in Dammam, along with an exhibition with more than 50 exhibitors. The SMC ...

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Business & Money | Monday 29 August, 2022 1:15 pm

Aramco’s Q3 earnings likely to decline despite record H1 performance: Al Rajhi Cap

Aramco is expected to see a drop in third-quarter earnings, following record performance in the first half of 2022, Al Rajhi Capital highlighted in a recent report. “We expect Aramco to witness a slight decline in earnings in Q3. However, the medium to long-term outlook remains positive,”...

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Business & Money | Monday 29 August, 2022 11:59 am

Emirati women invested AED34.6 bn at Abu Dhabi financial market in 2022

Emirati women have invested AED34.6 bn at the Abu Dhabi bourse since the beginning of the year until mid-August, figures by the Abu Dhabi Securities Exchange (ADX) have revealed.This represents a 74.7 percent growth over the corresponding period last year, when their trading value was around...

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Business & Money | Sunday 28 August, 2022 1:55 pm

TAWAL joins Small Cell Forum to enhance the Kingdom’s ICT infrastructure and facilitate 4G and 5G deployment across the world

TAWAL, the leading integrated ICT infrastructure provider in the Kingdom, has been welcomed as the newest member of the Small Cell Forum (SCF) — a global membership organization committed to supporting agile, low-cost mobile infrastructure through small cells.  TAWAL joins the...

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Business & Money | Saturday 27 August, 2022 1:19 pm

Rua Al Madinah project to add $37m to GDP, will create 93,000 jobs: CEO

The Rua Al Madinah project launched by Crown Prince Mohammed bin Salman will add SR140 million ($37.25 million) to Saudi Arabia’s gross domestic product upon its completion, according to its CEO. Ahmad Al Juhani added the project will create 93,000 direct and indirect job opportunities,...

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Business & Money | Saturday 27 August, 2022 1:12 pm

Riyadh’s Disney on Ice is a real-life fantasy

Fans will be able to see their favorite Disney tales performed live on ice at Boulevard Arena in Riyadh until Sept. 21.They will be able to join their favorite characters during the performance of “Disney on Ice presents Mickey and Friends.”The show is a collaboration between Feld...

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