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Eye of Riyadh

Saudi Arabian firms’ outlook mixed in Q2, 2016
Business & Money | Monday 23 May, 2016 5:20 am
Dun & Bradstreet South Asia Middle East Ltd (D&B) in association with the National Commercial Bank released the D&B Business Optimism Index (BOI) survey for Saudi Arabia for Q2, 2016. The survey reveals cautious optimism levels for firms in Saudi Arabia. Hydrocarbon Sector The...
Saudi Arabia consumers deeply conflicted over privacy and security priorities
Business & Money | Sunday 22 May, 2016 6:29 pm
An EMEA-wide study commissioned by F5 Networks has revealed that whilst Saudi consumers have no confidence in some organisations to keep their data safe, many are willing to share their personal information in return for using a service for free. The study, conducted by Opinium Research, surveyed...
Middle East organizations poised to embrace proactive cyber threat hunting: Survey
Technology & IT | Sunday 22 May, 2016 5:19 pm
Middle East companies, already leading the world in the use of managed security services, or MSS, to protect networks from cyber threats, are poised for the next step in the evolution of cybersecurity: proactive threat-hunting, in which cyber defenders seek to stop threats before they do...
Give your body the sleep it needs even during Ramadan. Alter sleep patterns to ensure healthy and safe fasting
Healthcare | Thursday 19 May, 2016 8:08 am
In an attempt to bring about awareness on the effects that fasting can have on sleep during the holy month of Ramadan and the importance of regulated sleeping patterns while at it; The London Sleep Centre in Dubai released tips on sleep techniques for everyone who will be fasting. As Ramadan...
Arabic International Public Sector Accounting Standards Certification by Deloitte & ACCA
Business & Money | Tuesday 17 May, 2016 2:25 pm
Deloitte and ACCA (the Association of Chartered Certified Accountants) launched today the ACCA Certificate in International Public Sector Accounting Standards in Arabic (Cert IPSAS in Arabic). In fact, out of the 22 Arab League member states, five governments are currently implementing accrual...
Drake & Scull reports AED 1.03 Billion in revenue and net profit of AED 9.52 Million for First Quarter of 2016
Business & Money | Monday 16 May, 2016 4:34 pm
Drake & Scull International PJSC, (DSI PJSC), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Mechanical, Electrical and Plumbing (MEP), Rail & Infrastructure, Oil & Gas, and Water & Wastewater Treatment, reported...
MENA’s US$50b to US$60b annual M&A market expected to remain unchanged in 2016: EY
Business & Money | Monday 16 May, 2016 8:18 am
According to the latest edition of the EY Capital Confidence Barometer (CCB), low oil price is having little impact on M&A strategy as MENA executives continue their steadfast pursuit of deal-making. Of the MENA executives surveyed, 37% expect to actively pursue acquisitions in the next 12...
Marka Announces Q1 2016 Financial Results
Business & Money | Thursday 12 May, 2016 2:55 pm
Marka PJSC (DFM: MARKA), the first retail-focused listed company in the UAE, today released its interim financial results for the first quarter of 2016. For the three months ending 31st  March 2016, the company reported total revenue of AED 75,730 million. Total losses reported for the period...
Deloitte: Transforming gender balance in the Middle East
Business & Money | Thursday 12 May, 2016 1:54 pm
Monitor Deloitte recently published a white paper “Getting the balance right- A blueprint for gender balance in the Middle East private sector” which showcases the firm’s recognition of the importance of gender balance in driving economic engines and improving organizations’ ...
Nissan reports net income of 523.8 billion yen for FY 2015
Cars & Autos | Thursday 12 May, 2016 1:52 pm
Nissan Motor Co., Ltd. today announced financial results for the 12 months to March 31, 2016.   The company delivered increased full-year revenues and profitability. Rising demand for new products in North America, Western Europe and China offset the impact of negative foreign exchange...
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