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Eye of Riyadh

Saudi Arabia Among Top 3 Countries Leading Digital Readiness Across MEA: Cisco Study
Technology & IT | Wednesday 26 February, 2020 4:41 am
Cisco’s 2019 Global Digital Readiness Index has identified Saudi Arabia as one of the top three countries in the Middle East and Africa in its readiness transitioning towards a digital economy. Now in its second edition, the company’s report combines analysis from sources including...
Majid Al Futtaim Reports Increased Revenue and EBITDA in 2019
Business & Money | Tuesday 25 February, 2020 12:35 am
Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has announced its audited operational and financial results for 2019, highlighting a revenue increase of 1% year-on-year to AED35.2 billion. Solid operational...
Saudi Arabia’s entertainment-led developments continue to drive forward the Kingdom’s real estate industry in 2020
Business & Money | Monday 24 February, 2020 12:45 pm
Saudi Arabia’s real estate industry continues to be well-positioned to benefit from the growth of the Kingdom’s entertainment industry and new major entertainment-led projects. These and other initiatives are aimed at positioning the country as a global hub for leisure, tourism and...
Middle East Gas Market Growing at Double the Rate of Global Energy Demand
Business & Money | Sunday 23 February, 2020 11:44 am
The natural gas market in the Middle East is experiencing a substantial growth phase, with its cost of supply remaining competitive in the long-term despite shale revolution. The recent report by Boston Consulting Group’s (BCG), Snam, and the International Gas Union (IGU) reveals...
Low-Cost Carriers to boost Middle East aviation market
Tourism & Hospitality | Sunday 23 February, 2020 1:31 am
Low-Cost Carriers (LCC) are driving growth in the Middle East aviation market, recording a 9.3% increase in seat capacity in 2019, according to CAPA Centre for Aviation. Indeed, LCC’s share of total seat capacity across the Middle East increased from 14.9% in 2018 to 16.5% in 2019, with a...
 KPMG Survey: Saudi CEOs identify  cybersecurity as greatest threat to business
Business & Money | Thursday 20 February, 2020 2:02 pm
Cybersecurity is the top risk to an organization’s growth, according to chief executives in Saudi Arabia, as opposed to 2018 when it was ranked the sixth among greatest threats, according to the latest Saudi Arabia CEO Outlook report by KPMG.    The report found that 20% of...
New year, new capabilities: infamous Ginp banker now spurs victims to loose credentials via fake SMS
Technology & IT | Monday 17 February, 2020 3:31 pm
Kaspersky researchers identified a new version of the Ginp banking Trojan, first discovered by the company’s analyst in 2019. Apart from the standard functions of Android-focused bankers – capacities to intercept and send SMS, perform window overlays – the new resurfaced ...
Short leisure breaks to drive 38% increase in visitors to KSA by 2024, says new ATM research
Tourism & Hospitality | Friday 14 February, 2020 4:07 am
Visitors to Saudi Arabia are predicted to increase 38% from 15.5 million in 2019 to 21.3 million by 2024, according to new research by Colliers International, commissioned by Arabian Travel Market (2020), which takes place at Dubai World Trade Centre from 19—22 April 2020.   This...
2020 Safer Internet Day: TikTok Launches In-App Safety Quiz to Raise Awareness Around Online Safety and Spread Positivity
Technology & IT | Friday 14 February, 2020 1:55 am
To mark this year’s Safer Internet Day (SID), TikTok, the world’s leading short video platform, is launching an in-app quizz to support the annual initiative and equip its millions of users around the world with online safety tips.    TikTok has quickly become an...
The road ahead: Leveraging network performance to address growth opportunities
Technology & IT | Wednesday 5 February, 2020 3:01 am
By Nicolas Blixell, Vice President, Ericsson Middle East and Africa   The world as we know it is becoming more digital than ever, and this is just the beginning. Emerging technologies are opening up new opportunities that were unimaginable just a few years ago and changing the way we...
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