Saudi Gazette/ BUSINESS

BUSINESS

1 - 10 from 6624 . In "BUSINESS"

October 17, 2018

Saudi Arabia’s GDP projected to jump 30% by 2023: IMF

By Abdurahman Al-MisbahiOkaz/Saudi GazetteJEDDAH — Saudi Arabia’s gross domestic product (GDP) is expected to jump 29.53 percent to $889.5 billion by the year 2023 while comparing with the year 2017. The GDP is projected to increase 12.11 percent to $769.88 billion during the current year against $689.38 billion in the previous year, according to a report of the International Monetary Fund (IMF). The robust growth in GDP consolidates the Kingdom’s ...

October 17, 2018

Cloud crucial for scaling innovations in Saudi Arabia

Saudi GazetteDUBAI — “Cloud has reached the tipping point in Saudi Arabia, with fourth-fifths of IT decision-makers recognizing how the cloud is vital for scaling innovations for Intelligent Enterprise and Smart Cities,” said Khaled Alsaleh, Managing Director, SAP Saudi Arabia, speaking to Saudi Gazette during GITEX Technology Week that will conclude today (Oct. 18)“Intelligent Enterprises, and Smart Cities such as NEOM, can leverage emerging technology innovations to meet and predict ...

October 17, 2018

Aramco boosts export capacity of Yanbu unit

DHAHRAN — The commissioning of Yanbu South Terminal (YST) marked the addition of 3 million barrels per day to the West Coast export capacity when the first VLCC was loaded on Oct. 12, according to Saudi Aramco officials here.Yanbu South Terminal, whichis located south of Yanbu City on the West Coast of Saudi Arabia, consists of a tank farm and offshore facilities to receive, store and load Arab Light (AL) ...

October 17, 2018

Dubai: Wellness tourism haven for health-conscious travelers globally

WELLNESS tourism has evolved to become tourism industry’s fastest growing sector, recording a 10 per cent growth this year to make it a larger than $500 billion market and a rapidly advancing niche within the global tourism economy. This remarkable growth is marked by a profound shift in the way wellness services are being perceived and consumed. Previously seen as luxury or add-on services, they are now being woven into ...

October 17, 2018

Bahrain tops World Bank Index for Human Capital in MENA

MANAMA — The World Bank has announced its inaugural Human Capital Index, with Bahrain coming in the lead for the MENA region. Focusing on health and education, the Index measures how productive a child born today will be by the time they turn 18, where the Kingdom’s score increased by 6% since the research project started in 2012.Bahrain’s performance was most notable in education, where it ranked first in ...

October 17, 2018

Riyadh Municipality – Elm seminar on Blockchain for entrepreneurs a success

DUBAI —Elm, a leading provider of innovative digital solutions owned by the Public Investment Fund of the Kingdom of Saudi Arabia (KSA) and Riyadh Municipality, has organized a seminar aimed at raising awareness among entrepreneurs on the importance and benefits of Blockchain technology, in cooperation with IBM company. The seminar was held during the 38th edition of GITEX Technology Week 2018, the largest technology event in the region participated by ...

October 17, 2018

Cisco agrees to redesign STC network to support 5G services

SAUDI Telecom Company (STC) and Cisco on Wednesday announced plans to collaborate on STC’s network architecture transformation. STC is embarking on a mass-scale networking and automation project to support new capabilities and future innovations including the evolution of enterprise services, enhanced broadband and IoT, as well as the demands of multicloud environments.The new architecture buildout is based on cisco’s flagship service provider routing platforms and automation software. Cisco will provide ...

October 17, 2018

Activating business incubators specialized in logistics proposed

PARTICIPANTS in the two-day Supply Chain and Logistics Conference organized by the Ministry of Transport in Riyadh, with the participation of more than 30 experts from eight countries, have reached sixteen recommendations. The most prominent of which were the adoption and activation of incubators specialized in logistics sciences and supply. Hence attracting gifted youth to research in this field and start the entrepreneurial work, and expand the adoption of the ...

October 17, 2018

Alamar Foods names COO in Saudi Arabia

ALAMAR Foods Company announced the appointment of Ibrahem Alsuhaibani as the chief operating officer in Saudi Arabia. The pioneering food establishment expressed its confidence that Alsuhaibani, who possesses a solid expertise of 15 years working in the Kingdom and region, will largely contribute to its journey of growth within the regional food sector.Praising the new COO, the CEO of Alamar Foods Company Eng. Ibrahim Aljammaz commended Alsuhaibani’s role and said ...

October 17, 2018

Al Falak takes action to enhance Saudi IT sector

AL FALAK Electronic Equipment & Supplies Co., a leading IT and communications solutions provider in the Kingdom of Saudi Arabia, has participated at the 2nd edition of the Oracle Modern Business Forum, which was held last Oct. 8 at the Movenpick Hotel Al- Khobar. The company’s presence at the event falls in line with its commitment to develop key software and IT solutions that can help in the unified efforts ...

Next >>