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1891 - 1900 from 16576 . In "BUSINESS"
The ‘Best of Sri Lanka’ festival was inaugurated in the Lulu Hypermarket in Murabba, Riyadh Thursday by Chief Guest Dulmith Waruna, the Charge d’Affaires. Also present was Shehim Mohammed, director of LuLu Saudi Hypermarkets and other LuLu Group officials.
Sri Lankan flavors fill Lulu Hypermarket
RIYADH — This week, from Sept. 8-14, 2021, the spicy and full-bodied flavors of Sri Lanka’s cuisine will fill Lulu Hypermarkets across the Kingdom of Saudi Arabia along with a basket of selected goodies from the Emerald Isle of the Indian Ocean — tea, spices, fruits and veg, rice and a variety of coconut products.The ‘Best of Sri Lanka’ festival was inaugurated in the Lulu Hypermarket in Murabba, Riyadh Thursday by Chief Guest Dulmith Waruna, the Charge d’Affaires. Also present was Shehim Mohammed, director of LuLu Saudi Hypermarkets and other LuLu Group officials.The Hypermarket focus has been to bring alive the unique culinary heritage of Sri Lanka which is a blend of many colonial influences — British, Dutch and Portuguese as well as pan-Asian with Indian (especially...
September 11, 2021

Sri Lankan flavors fill Lulu Hypermarket

Najm targets customer-centric Saudi auto insurance
RIYADH — With an increasing demand for the speed and efficiency of digital customer service, businesses have been undergoing a monumental shift to keep up with an ever-changing world shaped by the COVID-19 pandemic and the uptick in digital services and technologies.With the lack of person-to-person interaction amid the pandemic, industries and consumers have pushed for safer, more convenient alternatives, shifting the bulk of their interactions to digital communication channels.Recognizing this movement and riding the wave of advancement, Najm for Insurance Services leads the Saudi insurance ecosystem, seeking enhanced engagement with its customer base who can now access their services when they want, where they want, and via multiple channels whether through the Najm App, Najm Website,...
September 09, 2021

Najm targets customer-centric Saudi auto insurance

First Mover CEO receives CEO Excellence Award 2021
First Mover, represented by its CEO Louay Al-Maqooshi, won the “Global CEO Excellence Award” for the year 2021, according to a study and statistics conducted by CEO Monthly magazine. The award was recently delivered at the company’s headquarters in Riyadh.Al-Maqoshi explained, “First Mover” is one of the emerging Saudi creative companies, which was established in the fourth quarter of 2016 in the capital Riyadh, and provides its services in developing visual identities, building marketing and digital strategies, as well as providing implementation and event management services.The company includes a team specializing in various creative and innovative fields. Within a short period of its establishment, it was able to occupy a prominent position in the Saudi market and to prove...
September 09, 2021

First Mover CEO receives CEO Excellence Award 2021

REDTAG introduces National Day Celebration Offer ‘4 for SR90’, along with free gifts for customers
RIYADH, KSA — REDTAG, the region’s favorite homegrown value fashion and homeware brand, has launched a special offer for its Saudi customers, on the occasion of the Kingdom’s 91st National Day, or ‘Al-Yaom-Al-Watany’, on Sept. 23, 2021.The brand’s ‘National Day Celebration Offer’ will give customers the chance to purchase 4 items for SR90, as well as a free gift, in the form of a premium perfume or high-quality hair grooming set — for purchases of SR250 or above. The offer will extend from Sept. 12 to Sept. 25, 2021, in the Kingdom of Saudi Arabia and is available both online and instore.Renowned in the region for its special offers, and a brand identity built on delighting its customers through high quality services and products at value prices, REDTAG’s latest...
September 08, 2021

REDTAG introduces National Day Celebration Offer ‘4 for SR90’, along with free gifts for customers

Shaikh Abdullah Bin Khalifa Al Khalifa, chairman of the Board SICO BSC (c)
SICO unveils newly rebranded Saudi-based investment bank SICO Capital
SICO BSC (c), a leading regional asset manager, broker, market maker and investment bank (licensed as a wholesale bank by the CBB), Tuesday unveiled its newly rebranded subsidiary, SICO Capital, a full-fledged capital markets services provider based in Saudi Arabia.SICO Capital is the new brand for Muscat Capital, which has been operating in Saudi Arabia since 2009. The launch of the new identity follows the completion of SICO’s acquisition of a majority stake from Bank Muscat by way of a share swap in March 2021.“SICO is renowned in the region for offering premium services with a well-established track record spanning two decades,” said Shaikh Abdullah Bin Khalifa Al Khalifa, chairman of the Board at SICO.“With the launch of SICO Capital’s operations in Saudi Arabia, we are...
September 07, 2021

SICO unveils newly rebranded Saudi-based investment bank SICO Capital

Cinema industry in Saudi Arabia expands to meet increasing demand
RIYADH — The cinema industry in Saudi Arabia is prospering in line with life being back to normal. People love watching movies on the big screen, and since entertainment is part of the Kingdom’s Vision 2030, the sector has been witnessing a tremendous growth on a steady basis.With the increase in demand for movie tickets nation-wide, cinema operators in the Kingdom are seeking to expand significantly in establishing movie theaters all over the country, in major cities as well as rural ones.In the past three years, 11 cinema operators, 9 of which are international chains, have been licensed to operate the ever increasing number of movie theaters across the Kingdom.To date, over 34 cinemas in 12 cities are operating at full capacity, with a total number of 342 screens and over 35,000...
September 07, 2021

Cinema industry in Saudi Arabia expands to meet increasing demand

Trend Micro launches WeDiscover Partner program to strengthen its footprint across MENA
DUBAI — Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, launched on Monday its Channel Partner Demand Generation Program, WeDiscover with a focus to strengthen its market presence across the Middle East And North Africa (MENA) region.The program is designed to help partners leverage Trend Micro solutions while helping them differentiate their services, build new security expertise, and grow profitable businesses as they meet customers’ needs in a dynamic security market. “At Trend Micro, we aim to be creative in everything we do, and the WeDiscover partner program in the MENA region is one such feat,” said Moataz Bin Ali, VP & Managing Director, Middle East and Africa (MENA) at Trend Micro.“We are devoted to consistently providing a...
September 06, 2021

Trend Micro launches WeDiscover Partner program to strengthen its footprint across MENA

The Hotel Show Saudi Arabia 2021, taking place this week at the Riyadh Front Exhibition & Conference Center (Sept. 7–9), is a strong supporter of the Kingdom’s Vision 2030 and believes in recognizing the Saudi talent abounding in the hospitality and tourism sectors following the Saudization process.
Saudization harnessed by promoting upcoming talent in hospitality and tourism sector
RIYADH — Although the process of Saudization has started in 1985, major recent regulatory and economic reforms have accelerated the process under the Saudi Vision 2030 with the aim of increasing the involvement of young Saudi nationals in the country’s economic activities, promoting non-oil sectors and improving overall quality of life.The Hotel Show Saudi Arabia 2021, taking place this week at the Riyadh Front Exhibition & Conference Center (Sept. 7–9), is a strong supporter of the Kingdom’s Vision 2030 and believes in recognizing the Saudi talent abounding in the hospitality and tourism sectors following the Saudization process. New to this year’s program The Hotel Show Saudi Arabia has launched the Saudi Hospitality Talent Award.With the changing hospitality landscape in the...
September 06, 2021

Saudization harnessed by promoting upcoming talent in hospitality and tourism sector

Sadara EO-PO Project.
Sadara Chemical to mark mechanical completion of EO/PO pipeline for PlasChem Park
JUBAIL — Sadara Chemical Company (Sadara) marked recently the mechanical completion of its Ethylene Oxide /Propylene Oxide (EO/PO) Pipeline and Distribution Center Project for providing feedstock to tenants in the adjacent value park, PlasChem Park.The two parallel feedstock pipelines will distribute EO and PO feedstock to various business tenants in PlasChem Park, enabling them to produce diversified specialty chemical products. The EO pipeline runs for about 6.8 kilometers (km), while the PO line runs for about 6.2 km. Both pipelines end at the PlasChem Park Oxide Distribution Facility.Sadara’s EO and PO products will enable important applications for the Kingdom in a number of key downstream industries, including oil and gas field chemicals, construction materials, detergents, home...
September 06, 2021

Sadara Chemical to mark mechanical completion of EO/PO pipeline for PlasChem Park

Hurricane Ida hits US oil supply and refinery capacity, paving way for price volatility
OSLO — Rystad Energy’s initial assessment of Hurricane Ida’s impact on US oil production and refinery capacity estimates a peak daily supply curtailment of 1.8 million barrels per day in the Gulf of Mexico, which currently has a peak daily production capacity of 1.9 million bpd.Based on reported power outages and the closure of refineries in preparation for the storm, nearly 2 million bpd of US Gulf Coast refining capacity is estimated to be currently offline.As was the case with major hurricane and storm events during the 2016-2020 period, we estimate the cumulative production outage impact to be equivalent to 5.5 days of maximum capacity, assuming rapid reactivation to start as soon as Aug. 31 and Sept. 1.This will result in an impact of approximately 215,000 bpd and 127,000 bpd on...
September 06, 2021

Hurricane Ida hits US oil supply and refinery capacity, paving way for price volatility

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