Over the last couple of decades, the Saudi trade finance industry has envisioned significant developments with the introduction of innovative strategies at par with the Saudi Vision 2030. As per the Saudi Macroeconomic report submitted by Jadwa Investment, the Kingdom of Saudi Arabia is foreseen to grow by 2 percent in the year 2019 where
According to the latest Monster Employment Index (MEI), online ‘Hospitality and Travel’ related occupations in the UAE have increased by 37 percent from Q3 2018. The ‘Hospitality’ sector also witnessed a 21 percent increase in online hiring during the same period. The growth in demand for professionals in the sector comes despite a 10 percent
In its third edition, the Beirut Institute Summit in Abu Dhabi brings global thinkers and innovators to devise realistic and forward-looking solutions for the ongoing challenges in the Arab region. The summit under the title “Thinking 2020s: What to expect? How to prepare?” inaugurates officially in the presence of His Excellency Sheikh Nahayan Mabarak Al
Saudi Telecom giant STC and leading low-cost carrier flynas have signed an agreement during the GITEX Technology Week 2019 event in Dubai to allow the airline’s customers to pay for flight bookings with STC Pay. Ms. Asma Hamdan, Chief Information Officer at flynas, expressed her delight with this partnership that will add value to flynas’
Honeywell (NYSE: HON), a global technology leader, addressed Saudi Arabia’s growing demand for Industrial Internet of Things (IIoT)-enabled technologies during a smart building and city technology showcase event held in Riyadh on October 9, 2019. The Honeywell Technology Day 2019 was attended by VIP guests including Ahmad Aalem, Head of Strategy at The Red Sea
At the Science and Technology in Society (STS) forum held Monday in Kyoto, Japan, Ahmad O. Al-Khowaiter, Saudi Aramco’s chief technology officer, said “the challenge for our generation is to achieve net zero greenhouse gas emissions, within this century.” The STS forum, an annual international high level platform for leaders to facilitate discussions across government, industry, and
Cashless transformations represent a game-changing opportunity to drive growth for GCC economies, with a potential to provide at least a 1% boost to non-oil GDP, equating to nearly $3 Billion, to the region’s largest economies. Boston Consulting Group’s (BCG), recent study titled How Cashless Payments Help Economies Grow, shows that cash-intensive economies are at risk