Wednesday, January 16, 2019
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Eye of Riyadh

Masdar launches ‘Noor’ solar home system solution
Environment & Energy | Wednesday 16 January, 2019 10:09 am
Masdar, the Abu Dhabi Future Energy Company, has positioned itself in the commercial off-grid energy sector by increasing its capacity to rapidly deploy solar kits in off-grid communities around the world. Building on the company’s extensive experience delivering renewable solutions in...
Saudi urges ‘fair’ energy transition, defends oil
Environment & Energy | Wednesday 16 January, 2019 12:27 am
Top oil exporter Saudi Arabia called Tuesday for a “fair” and gradual global energy transition as it unveiled an ambitious domestic renewable energy program. Experts say energy output from renewables, especially solar and wind, is growing faster than anticipated, threatening to...
Saudi Jadarah Programme Attracts New Industry Giants in the Quest to Develop Young Arab Business Leaders
Business & Money | Wednesday 16 January, 2019 12:18 am
adarah, the six-month long talent accelerator programme launched in September 2018 by Al Tayyar’s Strategic Online Business Unit, has welcomed a number of exciting new partners. Amazon Web Services (AWS), The University of Manchester Middle East Centre, Step Group and Microsoft have pledged...
Canon Partners with Copatra Graphics to further its Commitment to the Saudi Arabia’s Graphic Art Industry
Technology & IT | Tuesday 15 January, 2019 4:38 pm
Canon Saudi Arabia, the leader in imaging and printing solutions, today announced a strategic partnership with Copatra Graphics, a leading provider of printing and media solutions in the Kingdom of Saudi Arabia. With this collaboration, existing and prospective graphic art customers across the...
Riyadh-based firm plans to make solar panels
Environment & Energy | Tuesday 15 January, 2019 4:28 am
ACWA Power plans to expand into solar panel manufacturing, its chief executive said, in a move which would put the power and water plants developer at the heart of Saudi Arabia’s plans to develop its renewable power industry. Riyadh-based ACWA Power, partly owned by Saudi’s Public...
Demand for oil is strong, says Saudi energy minister
Environment & Energy | Tuesday 15 January, 2019 3:27 am
Saudi Arabia’s Energy Minister Khalid Al-Falih said that oil demand remains strong and that he sees no impact from US-China trade tensions. “The global economy is strong enough, I’m not too concerned. If a slowdown happens, it will be mild, shallow and short,” he told...
The Gathering brings winter wonderland to Riyadh
Tourism & Hospitality | Tuesday 15 January, 2019 2:25 am
Over the past ten days, more than 50,000 people have attended Winter Day Out, an event sponsored by the General Entertainment Authority (GEA), at The Gathering in Riyadh’s Masharef Hills development complex. Now in its second year, Winter Day Out is one of around 5,000 events either...
Saudi Arabian General Investment Authority licensed investments rise by 99% in 2018
Business & Money | Monday 14 January, 2019 3:14 am
The achievements report of the Saudi Arabian General Investment Authority (SAGIA) for 2018 showed a 99 percent increase in the number of licensed investments and a 100 percent increase in the number of investment expansion requests. The report also showed that the time required for issuing a new...
Oil price forecast at $70 for 2019
Environment & Energy | Monday 14 January, 2019 2:12 am
Bank of America Merrill Lynch has retained its forecast that oil will average at $70 this year, after prices rebounded from a two-year low in December. Despite recent market volatility and economic jitters, the bank sees oil demand growth remaining roughly unchanged at 1.2 million barrels a day...
 Riyadh city hosts Internet of Things conference and exhibition this coming February.
Technology & IT | Sunday 13 January, 2019 3:38 pm
Riyadh city is getting ready to welcome the Internet of things (IoT) conference and exhibition in its second edition between the period 13th to 15th of February 2019, the event will be taking place in the Saudi international exhibition, under the patronage of Ministry of communication and...
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