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1871 - 1880 from 16576 . In "BUSINESS"
Solar power’s supply chain crisis makes 1.5°C climate target a major challenge
OSLO — Grid parity, resilient networks and strategic partnerships have spurred growth in the world’s solar panel manufacturing capacity in recent years, to 330 gigawatts (GW) in mid-2021.A Rystad Energy analysis reveals that to meet the 1.5°C 2050 scenario under the Paris Agreement, capacity has to quadruple to 1,200-1,400 GW by 2035 to handle the peak installations needed.This will be a challenging task, however, as manufacturers now see their utilization plummet due to rising costs and COVID-19 — a turn of events that could discourage the investments needed to expand capacity further.The aggregated utilization rate for solar modules (the difference between manufacturing capacity and shipments) was 84% in 2018 and has been decreasing since, to 71% in 2019 and to 58% in 2020, when...
September 25, 2021

Solar power’s supply chain crisis makes 1.5°C climate target a major challenge

Mohamed Talaat, VP, Saudi Arabia, Egypt and Levant, Dell Technologies
Organizations in Saudi Arabia view data overload as prime barrier to transformation
RIYADH — Dell Technologies announced the findings of a globally commissioned study conducted by Forrester Consulting titled, ‘Unveiling Data Challenges Afflicting Businesses Around The World’. The study, shows that for most businesses, data has become their most valuable business asset but are overwhelmed with the sheer volume, velocity and variety of data.Based on a survey with 4,036 data decision-makers from 45 locations including KSA, the findings build upon the biennial Dell Technologies Digital Transformation Index study, which assesses the digital maturity of businesses around the globe. The 2020 DT Index revealed that “data overload/unable to extract insights from data” was the prime barrier to transformation, up from 12th place in 2016. Dell Technologies commissioned the...
September 25, 2021

Organizations in Saudi Arabia view data overload as prime barrier to transformation

 In a proud first, the LuLu Group in the Kingdom of Saudi Arabia will be the first retailer to support the Ministry of Culture’s unique efforts to preserve, promote and celebrate the history and aesthetics of Arabic calligraphy in the Year of Arabic Calligraphy 2021.
LuLu celebrates Saudi culture with Year of Arabic Calligraphy
RIYADH — In a proud first, the LuLu Group in the Kingdom of Saudi Arabia will be the first retailer to support the Ministry of Culture’s unique efforts to preserve, promote and celebrate the history and aesthetics of Arabic calligraphy in the Year of Arabic Calligraphy 2021.The 22 LuLu Hypermarkets in Saudi Arabia will soon start using distinctive Arabic calligraphic artwork on all point-of-sale materials, such as paper bags, shopping bags, and reusable bags.Launching the Year of Arabic Calligraphy in 2020 and extending it to 2021, the ministry aims at turning the spotlight on the beauty of Arabic calligraphy which reflects the historic heritage and richness of the Arabic culture, as well as positioning the Kingdom as its incubator, sponsor and supporter, unifying efforts that seek to...
September 23, 2021

LuLu celebrates Saudi culture with Year of Arabic Calligraphy

Alungal
Abeer Medical Group celebrates National Day in special way
I wish my second home — the Kingdom of Saudi Arabia, Custodian of the Two Holy Mosques King Salman, Crown Prince Muhammed Bin Salman, and everyone residing in the holy lands of the Kingdom, a warm and heart felt wises of happiness and prosperity on this special day.I am very proud to have the chance to share in your celebrations on this special day. You've opened up doors of opportunities for us and blessed us with your generosity.On the special occasion of the 91st Saudi National Day, Abeer Medical Group supports the Kingdom's Vision 2030 through offering free medical tests under the initiative “Healthy Family; Healthy Nation”.Through this special initiative, Abeer Medical Group managed to perform 91,000 free medical checkups for citizens and residents of Saudi Arabia.We...
September 23, 2021

Abeer Medical Group celebrates National Day in special way

Sultan Al-Qasimi opens the 21st edition of Sharjah International Narrator Forum
SHARJAH — Sheikh Sultan bin Ahmed Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Sharjah Media Council (SMC), inaugurated on Thursday the activities of the 21st edition of the Sharjah International Narrator Forum (SINF). The event, which is organized annually by the Sharjah Institute for Heritage, is taking place the Expo Centre Sharjah under the slogan “Animal Stories” and will run until 24 September. Upon his arrival, Sheikh Sultan was received Sheikh Majid bin Sultan Al Qasimi, Director of the Districts & Villages Affairs Department, Abdullah Al Owais, Chairman of Sharjah Department of Culture (SDC), Dr Abdulaziz Al Musallam, Chairman of the Sharjah Institute for Heritage and Chairman of the Higher Organizing Committee of the Forum, Salem Yousef Al Qasir,...
September 23, 2021

Sultan Al-Qasimi opens the 21st edition of Sharjah International Narrator Forum

US President Joe Biden hold talks with British Prime Minister Boris Johnson at the White House.
Joe Biden plays down chances of UK-US trade deal
WASHINGTON -- Joe Biden has played down the chances of brokering a post-Brexit free trade deal with the UK, as he held talks with Boris Johnson at the White House, BBC reported.Downing Street said its priority was still getting a deal with the US alone.But the BBC understands that UK ministers are now considering joining an existing North American trade pact instead of pursuing a separate deal.The two leaders also discussed Northern Ireland, climate change and Afghanistan during the 90-minute meeting.Downing Street said they "had agreed to continue working towards a future full free trade agreement".However, Johnson had earlier also downplayed chances of securing a deal with the US before the next general election, saying: "The Americans do negotiate very hard."Speaking...
September 22, 2021

Joe Biden plays down chances of UK-US trade deal

KAPSARC analyzes sectoral investment in Saudi Arabia for 8 non-oil sectors
RIYADH — The King Abdullah Petroleum Studies and Research Center (KAPSARC) analyzed the determinants of investment behavior in Saudi Arabia for eight non-oil sectors.Saudi Arabia is currently proceeding with its historic Vision 2030 reform plan, which aims to significantly increase the private sector’s contribution to the country’s GDP.The objective of Vision 2030 is to increase the private sector’s contribution to GDP from 40% to 65%, raise the share of non-oil exports in GDP from 16% to 50%, and reduce unemployment from 12% to 7%.In this regard, the role of the private sector investment is important for the kingdom. Private sector investment not only contributes to economic performance over the business cycle but also improves the economy’s long-run growth prospects.The study,...
September 20, 2021

KAPSARC analyzes sectoral investment in Saudi Arabia for 8 non-oil sectors

Bashaar Alqunaibit
SABB wins 'Best Consumer Digital Bank in the Kingdom' award
RIYADH - The Saudi British Bank (SABB) has won the “Best Consumer Digital Bank” award in Saudi Arabia for 2021 from Global Finance. This award recognizes the bank's efforts in developing digitally innovative solutions that provide customers with a cutting-edge digital experience.The award was given based on a number of criteria, including the strength of the company’s strategy in attracting and supporting digital customers, growth of digital customers base, the success of digital initiatives, as well as the design and functionality of websites and mobile applications.Commenting on winning the award, Basha’ar AlQunaibet, Deputy Managing Director, Retail Banking and Wealth Management at SABB said: “We are honored to receive this award, especially during this challenging year,...
September 20, 2021

SABB wins 'Best Consumer Digital Bank in the Kingdom' award

Almarai's Sustainability Report 2020: 119% increase in solar energy usage
RIYDH — Almarai's Sustainability Report 2020 revealed a 119 percent increase in solar energy use compared to 2019, as part of the company’s keenness to implement more sustainable solutions to reduce emissions every day.According to the annual report, Almarai is aware of the serious risks involved in climate change and the impact of greenhouse gas emissions associated with fuel and electricity consumption.The report monitored the progress of pastures in 2020 at the level of achieving a 4 percent reduction in car fuel consumption through the sales, distribution and logistics department compared to 2019, while clean energy accounted for 2.5 percent of total electricity consumption (4.4 percent within the limits of the sustainability strategy), and the development of a road map based...
September 20, 2021

Almarai's Sustainability Report 2020: 119% increase in solar energy usage

Saudi speed bike racer and rallyist Dania Akeel felicitated as first REDTAG ‘Real Hero’
Saudi speed bike racer and rallyist Dania Akeel felicitated as first REDTAG ‘Real Hero’
RIYADH — With every step in her extraordinary journey, Saudi motorsport star Dania Akeel has smashed glass ceilings, and left stereotypes in the dust of her racing wheels. Dania has emerged as an icon in her sport, and is an inspiration to millions of fans. Her extraordinary feats are the reason REDTAG, the region's homegrown value fashion and homeware brand, has selected Dania to be their first ‘Real Hero’.REDTAG’s ‘Real Heroes’ initiative acknowledges talent, leaders, and changemakers in the KSA, who have achieved extraordinary things, overcoming the obstacles in their path, to inspire the next generation of youth, and show them that possibilities are unlimited, when they pursue their dreams with passion, perseverance, and commitment to achieve success, in any...
September 19, 2021

Saudi speed bike racer and rallyist Dania Akeel felicitated as first REDTAG ‘Real Hero’

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