Aramco and stc announced today the launch of Dammam 7, a new supercomputer among the top ten most powerful in the world. The supercomputer presents new opportunities in both exploration and development and enhances Aramco’s decision-making on exploration and investment decisions. This is the next step in Aramco’s digital transformation, complementing a suite of advanced
The Kingdom of Saudi Arabia has become one of the most attractive markets for international companies seeking new mergers and acquisitions (M&A), and 2021 is set to witness an increase in the trend following several successful deals in 2020, according to The Unit: Business Consulting & Support, a regional consulting firm operating in the KSA
EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), released today its overall brokerage rankings for markets across its four-continent footprint, ranking first for FY2020 in Egypt, Kuwait, Dubai, and Kenya, placing second in Abu Dhabi and Nigeria (by value traded), and securing a third-place spot in Oman as it works to
UAE-headquartered hospitality company TIME Hotels has underscored its commitment to staff welfare and dedication to positively supporting local communities with the launch of the group’s 2021 CSR calendar. The campaign, which is based around the four pillars of workplace, marketplace community and environment, has been a mainstay of TIME Hotels’ commitment to improving others’ lives and forms
Al-Futtaim Lexus, the exclusive distributor of Lexus in the UAE, is ramping up its customer approach in order to cater to new behavioural norms and higher expectations from automotive customers in 2021. The global pandemic and lockdown in 2020catalysed an evolution in consumer behaviour as consumers adjusted to a new contactless way of living and
Agthia Group PJSC, a leading UAE-based food and beverages company, today announced that its Board of Directors approved a strategic acquisition of a majority stake in Nabil Foods, one of the leading regional producers of frozen and chilled processed protein products distributed in more than 20 local and international markets. Nabil Foods has a processing
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