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Eye of Riyadh

Smartphones Are About to Lose Their Headphone Socket, and Music Will Sound Better as a Result
Technology & IT | Wednesday 13 April, 2016 9:37 am
The Apple iPhone 7 is likely to spark a rapid shift away from the traditional 3.5mm headphone jack on high-end smartphones when it goes on sale this year, says leading technology retailer, axiom telecom. The new-generation iPhone is rumored to drop the familiar audio output when it is released this ...
Julphar announces full year 2015 financial results
Business & Money | Tuesday 12 April, 2016 2:26 pm
Following its Board of Directors’ meeting at its Ras Al Khaimah head office – Julphar Gulf Pharmaceutical Industries, the largest generic pharmaceutical manufacturer in Middle East and North Africa (MENA), announced it has closed the year 2015 at AED 1.47 billion, with a growth of 6 per ...
Issues of Digital Disruption and Shifting Demographics
Business & Money | Monday 11 April, 2016 8:57 am
Ashridge Executive Education's research with 250 C-suite executives worldwide, including the Middle East, highlights key issues that are 'keeping CEOs awake at night'.   In an age where mobile phones and web-enabled devices are ubiquitous, new volumes of data offer enormous...
Egyptian Tourism Authority Announces 6% Increase in Saudi Visitors
Tourism & Hospitality | Sunday 10 April, 2016 4:22 pm
The Egypt Tourism Authority (ETA) today announced a marked increase on visitors from the Kingdom of Saudi Arabia in January and February 2016 compared to the same period in 2015.  The 6% increase comes as the tourist board recently launched a regional campaign called “This is...
A Missed Opportunity for Middle East Companies Looking to Create Superior Value
Business & Money | Sunday 10 April, 2016 2:44 pm
According to The Boston Consulting Group (BCG), a total of 459 divestitures were made in the region between 2010 and 2015, only four of which were actual spin-offs; globally, however, 28 spin-offs were created in 2015 alone   Globally, one of the big trends in the increasingly active...
Catalytic Finance Initiative Brings Together Banks and Investors, Directs $8 Billion in Capital for High-Impact Sustainable Projects
Business & Money | Saturday 9 April, 2016 9:58 am
A consortium of leading financial institutions and investors today announced a new partnership under the Catalytic Finance Initiative (CFI) to direct $8 billion in total commitments toward high-impact sustainable investments. Partners joining the CFI include AllianceBernstein (AB); Babson...
Easy ways to enjoy flying with children
Tourism & Hospitality | Thursday 7 April, 2016 1:05 pm
With the summer holidays approaching and families starting to think about flying home or to a new destination, it’s worth remembering some basic steps to make flying more pleasant for you, your children and your fellow flyers. To make the holiday planning and journey even more enjoyable, ...
UK ‘preferred’ destination for Middle East travellers in 2015
Tourism & Hospitality | Thursday 7 April, 2016 9:52 am
Preferred Hotels & Resorts, the world’s largest global provider of sales, marketing and distribution services to independent luxury hotels, has announced that room nights from outbound business originating from the Middle East region increased by 21% in 2015, when compared with...
QNB Financial Results For The Three Months Ended 31 March 2016
Business & Money | Wednesday 6 April, 2016 2:27 pm
QNB Group, a leading bank in the Middle East and Africa, announced its results for the three months ended 31 March 2016. For the first three months of 2016, Net Profit was QAR2.9 billion, (USD 787 million) up by 7.1% compared to last year.  The Group’s prudent cost control policy...
Saxo Q2 Outlook: A social contract in tatters fuels anti-establishment voices and volatility
Business & Money | Wednesday 6 April, 2016 1:29 pm
Saxo Bank, the online multi-asset trading and investment specialist, has today published its quarterly outlook for global markets and key trading ideas for the second quarter of 2016, the Essential Trades:   Political uncertainty and the rising anti-establishment sentiment seen around...
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