Business & Money | Wednesday 3 July, 2019 10:30 am

MIT Technology Review Lists Huawei in 50 Smartest Companies

Huawei was named one of the 50 Smartest Companies by MIT Technology Review on June 29, 2019. Since 2010, the MIT Technology Review, a globally influential technology media outlet, has annually published a list of the 50 companies that best combine innovative technology with an effective business...

More Details

Business & Money | Wednesday 3 July, 2019 10:00 am

KOC Awards Halliburton Integrated Offshore Services Contract

Kuwait Oil Company (KOC) and Halliburton (NYSE: HAL) today announced the companies have signed an Integrated Offshore Drilling Services contract for six high-pressure high-temperature (HPHT) exploration wells on two jack-up rigs in the Arabian Gulf. Through Halliburton Project Management, the...

More Details

Business & Money | Wednesday 3 July, 2019 10:00 am

Saudi Team of Makkah Road Initiative Completes Its Readiness at Kuala Lumpur Airport for Receiving Malaysian Pilgrims

'Makkah Road Initiative' Saudi team has completed its preparations at the Kuala Lumpur International Airport, Malaysia, for the third year in a row to complete the entry of the Malaysian pilgrims to the Kingdom in 2019, as part of the initiative launched by the Ministry of the Interior with ...

More Details

Business & Money | Wednesday 3 July, 2019 1:15 am

Aramco inks MoU for non-metallic materials production facility

Saudi Aramco signed a memorandum of understanding with Baker Hughes, a GE company (BHGE), on Tuesday to create a new joint venture facility in Saudi Arabia to manufacture non-metallic materials for use in a variety of areas of the energy industry. This is part of Aramco’s strategy to play...

More Details

Business & Money | Wednesday 3 July, 2019 12:00 am

Ericsson’s 5G leadership in Europe awarded at World 5G Summit

Ericsson, Swisscom, and strategic partners Qualcomm Technologies and OPPO, have been recognized on the European stage with a prestigious award at this year’s World 5G Summit in London, UK. The partners were jointly awarded the “Best 5G Network Development in Europe” award at a...

More Details

Business & Money | Tuesday 2 July, 2019 8:51 pm

Non-Jordanian investors own 51.1% of shares in ASE

Eye of Jordan:-Mamoon Alomary  The value of shares bought by non-Jordanian investors in the Amman Stock Exchange (ASE) in June reached JD17.3 million, constituting 17.3 percent of the total trade value, ASE figures have suggested.  The value of shares sold by non-Jordanians in June...

More Details

Business & Money | Tuesday 2 July, 2019 3:12 pm

Turkish Airlines’ first Boeing 787-9 Dreamliner is in the air.

Turkish Airlines has announced that up to 30 new Boeing 787-9 Dreamliner aircraft will join the airlines’ young and fast-growing fleet over the next four years, and each will feature the carrier’s bespoke, all-new Business Class Cabins. The Turkish national flag carrier had placed 25...

More Details

Business & Money | Tuesday 2 July, 2019 2:54 pm

Ideal Standard: Explore endless design possibilities to find and express your style

From elegant ceramics and innovative brassware to a huge range of compatible furniture options, Ideal Standard, one of the world’s leading manufacturers of private and public bathroom solutions, offers customers complete flexibility when it comes to creating inspirational basin spaces. Ideal...

More Details

Business & Money | Tuesday 2 July, 2019 2:36 pm

EY appoints Matthew Benson as Transaction Advisory Leader

EY appoints Matthew Benson as Transaction Advisory Services Leader across the Middle East and North Africa (MENA) region, leading a team of transaction professionals across 16 countries and 21 offices, effective 01 July 2019. Abdulaziz Al-Sowailim, MENA Chairman and CEO, EY,...

More Details

Business & Money | Tuesday 2 July, 2019 12:59 pm

Careem Ends Sudan Operations as Part of Uber Takeover Deal

Careem has ended operations in Sudan as part of its planned takeover by Uber, a spokeswoman said on Monday, less than a year after the Middle Eastern ride-hailing firm launched in the country. Careem began operations in Sudan in September 2018 after the US lifted economic sanctions in...

More Details