Wednesday, November 13, 2019
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Eye of Riyadh

HPE Signs Agreement with Zain to support Digital Transformation in the Kingdom of Saudi Arabia
Technology & IT | Wednesday 13 November, 2019 12:57 pm
Hewlett Packard Enterprise (HPE) today announced that it has signed an agreement with Zain, a leading Saudi telecoms company, to offer digital transformation solutions to customers in the Kingdom of Saudi Arabia. The MOU between the parties’ states that the two companies will work together on ...
Saudi Arabia’s Flagship Misk Foundation signs MoU with Hub71 for Cross-Market Access into the UAE and KSA
Business & Money | Wednesday 13 November, 2019 12:48 pm
During the three-day Misk Global Forum in Riyadh, the Misk Foundation signed a Memorandum of Understanding (MoU) with Hub71, Abu Dhabi’s global tech ecosystem, that outlined steps towards creating a more dynamic market for startups between the Kingdom of Saudi Arabia and the United Arab...
Baker Hughes to Expand Chemicals Manufacturing Capabilities with New Facility in Saudi Arabia
Environment & Energy | Wednesday 13 November, 2019 11:45 am
Baker Hughes (NYSE: BKR) broke ground on its first chemicals manufacturing facility in Saudi Arabia, designed to help customers improve production, reduce costs, and maximize the value of their assets across the chemicals value chain.    The company held a ground-breaking ceremony...
Tourism & Hospitality | Wednesday 13 November, 2019 11:29 am
Ras Al Khaimah Tourism Development authority (RAKTDA), Ras Al Khaimah Waste Management (WMA) and Ras Al Khaimah Public Services Department (PSD), came together recently to unveil the latest developments and significant milestones related to the sustainable tourism and waste management vision for...
ADNOC Forms Joint Venture with Abu Dhabi’s Group 42 to Develop and Commercialize AI Products for the Oil and Gas Industry
Business & Money | Wednesday 13 November, 2019 10:31 am
The Abu Dhabi National Oil Company (ADNOC) announced today it has signed an agreement with Group 42 (G42), an Abu Dhabi based artificial intelligence (AI), cloud and supercomputing company, to establish a joint venture to develop and commercialize market-leading AI products for the oil and gas...
DAMAC Properties reports revenue of AED 2.8 billion and sales of AED 2.4 billion in the first nine months of 2019
Business & Money | Wednesday 13 November, 2019 10:08 am
DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for the nine months of 2019, reporting a total revenue of AED 2.8 billion, with booked sales reported at AED 2.4 billion.   Gross profits for the same period stood...
ADNOC Distribution partners with ADCB for Virtual Accounts
Business & Money | Wednesday 13 November, 2019 9:57 am
Abu Dhabi Commercial Bank (ADCB) and ADNOC Distribution have recently entered into an agreement for ADCB’s digital banking solution, Virtual Accounts. The Virtual Accounts solution is enabling ADNOC Distribution, one of the region’s largest and most innovative petroleum companies, to...
Middle East remains key market for European apple trade
Tourism & Hospitality | Wednesday 13 November, 2019 9:54 am
  Interfel, the French fresh fruit and vegetable interprofessional organisation responsible for promoting the consumption of apples in the Middle East together with the European Union, are hosting an exclusive event for top local buyers and key importers, at The Renaissance Hotel in Dubai...
Peter Pan Musical Delights Families During Riyadh Season
Tourism & Hospitality | Wednesday 13 November, 2019 5:46 am
The musical ‘Peter Pan’ continues its successful run at the Red Hall Theatre in Princess Nourah Bint Abdul Rahman University during #Riyadh_Season, with performances taking place until 23 November 2019.   Designed for all ages, the elaborate musical production features 16...
OPPO and Ericsson Launch 5G Joint Lab to Strengthen Collaboration
Technology & IT | Wednesday 13 November, 2019 4:27 am
OPPO, the leading global smartphone brand, has announced the launch of a 5G joint laboratory with Ericsson, a leading information and communication technology provider, which will serve to deepen the two companies’ collaboration in the area of 5G. Through the new lab, OPPO and Ericsson will...