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Eye of Riyadh

Swarovski Hosts the Second Edition of the Sparkling Couture Exhibition in Dubai
Beauty & Style | Saturday 28 October, 2017 1:00 am
Swarovski, the global leader in cut crystal and fashion jewelry, recently hosted the second edition of the Sparkling Couture exhibition at the Madinat Arena in Dubai. Taking place two years after the first ever edition, Sparkling Couture Infinity, was inspired by the concept of Infinity and the...
Toshiba is the Winner of the 2017 MIPI Corporate Award
Technology & IT | Saturday 28 October, 2017 12:17 am
Toshiba Electronic Devices & Storage Corporation today announced that Toshiba Corporation (Toshiba Corp.) has received the 2017 MIPI Corporate Award, one of the MIPI® Alliance Membership Awards. The award effectively recognizes the work and achievements of the company, Toshiba Corp’s...
High net worth expats in Saudi Arabia contributed a 42% increase in overall demand for second citizenship
Business & Money | Saturday 28 October, 2017 12:05 am
According to Citizenship Invest, market leader specialized in the fastest citizenship programs to legally obtain a second passport, high net worth expats living in the Kingdom of Saudi Arabia contributed a 42 per cent increase in overall demand for a second nationality and passport in 2017. The...
KSA, Virgin Group to form $1 billion partnership in space projects
Business & Money | Friday 27 October, 2017 2:40 pm
The Public Investment Fund (PIF) and Virgin Group will form a $1 billion partnership to invest in Virgin Galactic, The Space Ship and Virgin Orbit, the Saudi Press Agency (SPA) reported.   The agreement includes a $480 million future option for investment in the space services sector....
VAT in the GCC: Are your accounting systems ready?
Technology & IT | Friday 27 October, 2017 1:11 pm
Compliance with the UAE VAT Law may require significant changes to a business’ technology, operations, financial management and bookkeeping practices.   The law, which comes into effect across the six Gulf Cooperation Council (GCC) nations on 1 January 2018, sets administrative...
Iconic Lincoln Navigator SUV Ramps Up First Class Travel
Cars & Autos | Friday 27 October, 2017 4:07 am
Lincoln took the wraps off its first-class all-new Navigator SUV last night, unveiling it to some of the Middle East’s most discerning experts in style at a regional fashion event. Epitomising style and refinement, the 2018 Navigator – making its regional debut ahead of the Dubai ...
Huawei unveils its AI-powered Mate 10
Technology & IT | Thursday 26 October, 2017 12:36 pm
In September, Huawei introduced the world’s first Kirin AI processor — Kirin 970 — and on October 16 unveiled the first smartphone to feature this chipset - the HUAWEI Mate 10 in Munich.   What makes Kirin 970 unique? Huawei integrated a Neural Network...
Zain Saudi Arabia turnaround continues, reports 3rd consecutive quarterly profit
Business & Money | Thursday 26 October, 2017 8:37 am
Zain Saudi Arabia reported its third consecutive quarterly net profit for the period ending 30 September 2017 reflecting a significant turnaround in the company’s historical performance. Ongoing focus on customer acquisitions, further improvement in quality of service and network reach and...
MoU inked to establish Solar Energy Plan 2030
Business & Money | Thursday 26 October, 2017 7:22 am
The Public Investment Fund (PIF) and Softbank Vision Fund signed a memorandum of understanding (MoU) on Wednesday to establish the ‘Solar Energy Plan 2030’, which will be a new framework for development of the Kingdom’s solar energy sector. The MoU was signed during the...
Nissan to join Formula E electric racing from 2018-19 season
Cars & Autos | Thursday 26 October, 2017 2:12 am
Nissan will become the first Japanese automotive brand to compete in the all-electric FIA Formula E racing championship starting in 2018.   The move to participate in the growing Formula E series gives Nissan a highly visible global platform from which...
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