18 Ramadan 1445 - 28 March 2024
    
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Eye of Riyadh

New Publication Highlights Qatar’s Drive to Broaden Non-Energy Sector
Business & Money | Monday 15 August, 2016 7:56 am
A new report recently produced by the global publishing, research and consultancy firm Oxford Business Group (OBG) analyses the burgeoning sectors of Qatar’s economy that are expected to act as key drivers for future growth.    The Report: Qatar 2016 considers the...
Gulf International Bank Reports a First Half Profit of $41.7 Million
Business & Money | Monday 15 August, 2016 4:01 am
Gulf International Bank B.S.C. (GIB) reported consolidated net income after tax of $41.7 million for the six months ended 30th June 2016, compared to $47.3 million in the prior year period. Net income after tax in the second quarter was $31.2 million compared to $20.9 million in the prior year...
DEMAND FOR BEST CLASS MANAGEMENT CONSULTANCY SEES MENA PRACTICE DOUBLE CAPACITY
Business & Money | Sunday 14 August, 2016 12:03 pm
PA Consulting Group Middle East and North Africa has doubled in size since the beginning of 2016 as it continues to grow business across the healthcare, government services and transport, travel and logistics sectors.   More than 30 members of staff have joined the innovation, technology ...
Growth in tourism for religious purposes segment plays key role in bolstering Saudi Arabia’s ‘post oil’ plan
Tourism & Hospitality | Sunday 14 August, 2016 11:34 am
Saudi Arabia’s new ‘post-oil’ economy plan as outlined in ‘Vision 2030,’ which was announced recently, is receiving a huge boost from the tourism sector with the influx of tourists visiting the Kingdom for their Hajj pilgrimage, starting this week. According to the...
DAMAC Properties Dubai reports net profit of AED 1.94 billion in first half of 2016
Business & Money | Sunday 14 August, 2016 10:08 am
DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), a leading developer of high-end property in the Middle East, today announced the financial results for the six months ending 30 June 2016.    During the first six months of 2016, DAMAC...
Jet Airways Records Fifth Consequtive Profitable Quarter
Tourism & Hospitality | Sunday 14 August, 2016 6:53 am
Jet Airways Group has announced its fifth successive profitable quarter for the period ending June 30, 2016 based on continuing improvement in aircraft utilization, increased efficiency and reduction in cost, including non-fuel expenses.    Consistent financial performance has...
Deloitte identifies 14 business impacts of a cyberattack
Business & Money | Friday 12 August, 2016 9:44 am
While cybersecurity is one of the most prevalent issues of our time, the resulting impact of a cyber incident is still largely unproven. Recognizing the need of business leaders to have clarity around the enterprise-wide effect of such events, Deloitte the global leader in cyber risk advisory...
Sleep better to boost productivity
Healthcare | Friday 12 August, 2016 8:25 am
Summers are here and these energy-sapping, warmer days may impede us from staying focussed on our daily tasks. According to Sleep Experts at The London Sleep Centre Dubai; sleeping comfortably through a hot, humid summer night is no easy task. Heat exposure increases wakefulness and decreases rapid ...
Air Arabia reports net profit of AED 245 million in first half of 2016, an increase of 3.5 per cent
Tourism & Hospitality | Thursday 11 August, 2016 1:59 pm
Air Arabia (PJSC) today announced strong financial results for the first half of 2016 ending June 30, 2016 as the Middle East and North Africa’s first and largest low-cost carrier continued to deliver robust, sustained performance. Air Arabia reported a net profit of AED 245 million for...
 KSA Witnessing on Average 95,000 Malwares Per Month
Technology & IT | Thursday 11 August, 2016 11:11 am
A global leaders in cloud security, Trend Micro Incorporated (TYO: 4704; TSE:4704), is concerned that Saudi Arabia is highly vulnerable to cybercrime, the Kingdom has seen an alarming increase in infected machines this year. Increased internet usage provides more opportunity for cyber criminals,...
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