19 Ramadan 1445 - 29 March 2024
    
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Eye of Riyadh

The Yield Search focused on Emerging Markets
Business & Money | Sunday 21 August, 2016 4:03 pm
The post-Brexit world in Europe does not appear to be as bad as some commentators had forecast.  Recent data releases from Europe have shown some firming up in the eurozone and UK economies. The eurozone July composite industrial confidence data rose slightly in July and is expected to...
Solid Lenovo 1ST Quarter FY16-17 in Face of Industry & Currency Headwinds
Business & Money | Sunday 21 August, 2016 11:39 am
 Lenovo Group (HKSE: 992) (ADR: LNVGY) announced results for its first fiscal quarter ended June 30, 2016. Quarterly revenue was US$10.1 billion, a six percent decrease year-over-year (or four percent decrease in constant currency). Quarter-to-quarter, this represented a 10...
BYOD Could Mean ‘Bring Your Own Disaster’ if Organizations in Saudi Don’t Plan for Security Risks
Business & Money | Sunday 21 August, 2016 7:34 am
Author: Ammar Enaya, Regional Director, HPE Aruba, Middle East & Turkey   As adoption of wearables becomes more mainstream in Saudi, it brings added complexity to BYOD in an enterprise. One of the more interesting features of wearable tech is its ability to tether to, and control,...
Deloitte Middle East Point of View: Virtual Reality boom rising in MENA
Business & Money | Thursday 18 August, 2016 2:46 pm
The Virtual Reality (VR) market in the Middle East and North Africa (MENA) region is expected to grow at a rapid rate according to Deloitte. Factors driving the MENA VR technology growth are among the topics discussed in the summer 2016 issue of Deloitte’s quarterly publication, the...
A New Wave of Targeted Attacks against Industrial and Engineering Organizations in multiple counties
Technology & IT | Thursday 18 August, 2016 10:30 am
Kaspersky Lab has discovered a new wave of targeted attacks against the industrial and engineering sectors in multiple countries around the world, including United Arab Emirates. Using spear-phishing emails and malware based on commercial spyware kit, criminals hunt for valuable business related...
DEALING WITH THE CYBER THREAT
Business & Money | Wednesday 17 August, 2016 11:58 am
Since the 2010 discovery of the Stuxnet worm targeted at industrial programmable logic controllers (PLCs), the Middle East has been central to the increased profile of cyber security threats facing industrial enterprises worldwide. The 2012 security breach of a leading oil and gas company in the...
Ensure Your Data is Not Taken Hostage: Ransomware Remediation Strategies for Businesses in KSA
Technology & IT | Wednesday 17 August, 2016 10:47 am
After slowing slightly in mid-2015, ransomware has overall regained its rapid growth rate. According to the June 2016 McAfee Labs Threats Report, total ransomware grew 116% year-over-year for the period ending March 31. Total ransomware rose 26% from Q4 2015 to Q1 2016 as lucrative...
Half Year Sales Success For Audi
Cars & Autos | Wednesday 17 August, 2016 2:28 am
AUDI AG has started the second half of the year with sales growth: In July, the company sold 149,400 units, up 2.3 percent year-on-year. The brand increased sales in all three core regions – in North America by 5.9 percent, in Asia-Pacific by 4.4 percent and in Europe by 1.5 percent. The new...
The U.S. – Going for Gold again
Business & Money | Tuesday 16 August, 2016 7:29 am
It’s a marked reversal from February this year when markets fell sharply on fears of a global recession. All three major U.S. stock indices reached new records on Thursday. The Dow Jones Industrial closed at 18613, the S&P 500 at 2185 and the Nasdaq at 5228. The...
Henkel delivers strong second-quarter performance
Business & Money | Monday 15 August, 2016 11:04 am
“Henkel delivered a strong business performance in the second quarter. We generated solid organic sales growth, supported by a strong development in the emerging markets and a positive development in the mature markets. We were also able to significantly increase both earnings and...
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