Business & Money | Thursday 16 September, 2021 4:37 pm

Acer Reports Q2 2021 Results: Net Income of US$104 million

Acer Reports Q2 2021 Results: Net Income of US$104 million (NT$2.90 Billion), Highest in 11 Years with Strong 142.5% YoY GrowthAcer Middle East’s Year-to-Date (January 2021 to Juy 2021)& Year-on-Year results (compared against January 2020 to July 2020) show 48% revenue growth with...

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Business & Money | Sunday 19 September, 2021 4:00 am

Invest Saudi showcases investment opportunities at global defense event

Investment opportunities in Saudi Arabia’s defense sector were in the international spotlight at the Defense and Security Equipment International event in London this week. Invest Saudi joined the prestigious four-day event alongside 114 countries and more than 40,000 visitors to showcase...

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Business & Money | Thursday 16 September, 2021 3:38 am

Mobily and Ericsson sign agreement to scale up 5G technology applications in the region

To enhance its position in 5G services and accelerate the use of 5G applications by all sectors and consumers in Saudi Arabia, Mobily has signed an agreement with Ericsson (NASDAQ: ERIC) to exchange experiences and avail of its global program for partnerships in 5G applications that will help it...

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Business & Money | Wednesday 15 September, 2021 3:39 am

World Defense Show to unlock Middle East opportunity at DSEI as trade association ADS signs deal to operate UK Pavilion

 Saudi Arabia’s World Defense Show has announced its participation at the Defence and Security Equipment International (DSEI) event, unlocking the Middle East opportunity for UK firms.A senior-level delegation from World Defense Show, held under the Patronage of the Custodian of the Two Holy ...

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Business & Money | Wednesday 15 September, 2021 12:04 am

Mastercard Offers Expo 2020 Dubai Visitors the Opportunity to Contribute to our #PricelessPlanet

As the Official Payment Technology Partner of Expo 2020 Dubai, Mastercard will be powering the mega-event’s payments and ticketing platform and offering visitors an opportunity to join the fight against climate change. When purchasing tickets, visitors to the Expo 2020 Dubai website will now be...

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Business & Money | Tuesday 14 September, 2021 1:07 am

150 design, construction companies visit NEOM

About 150 design and construction companies visited NEOM in the last four days, as the Saudi giga project aims to explore partnership opportunities. NEOM is seeking contractors for, and investors in the giga project, which is located in northwest of Saudi Arabia, on the Red Sea...

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Business & Money | Tuesday 14 September, 2021 12:50 am

Cisco commits to net zero greenhouse gas emissions by 2040

 Today Cisco announced that it is committing to reaching net zero for greenhouse gas (GHG) emissions across all scopes by 2040, 10 years ahead of when climate scientists say the planet must reach net zero to avoid the worst impacts of climate change. Cisco’s net zero goal will be supported...

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Business & Money | Tuesday 14 September, 2021 12:31 am

Saudi private sector grows 11% in Q2 despite slowdown in oil GDP

Saudi Arabia’s private sector grew by 11 percent in the second quarter of 2021, compared to the same period last year, pushing GDP up by 1.8 percent. Latest figures from the General Authority for Statistics (Gastat) published today showed an 8.4 percent growth in the Kingdom’s non-oil...

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Business & Money | Monday 13 September, 2021 11:20 am

Petrolube Oil participates in ‘Omnipreneurship Award 2021’ to promote environmental sustainability

Petrolube Oil has successfully qualified to participate in the global 2021 Omnipreneurship Awards: through its Sustainability Branch Challenge. After a tough competition during which several companies pitched their proposals on business challenges to which they are seeking an innovative and...

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Business & Money | Sunday 12 September, 2021 12:08 am

Almarai participates in the Hotel Show 2021 in Riyadh

Almarai participated in the Hotel Show 2021 in Saudi Arabia, which was held for the first time in Riyadh at Riyadh Front Center for Exhibitions and Conferences from the 7th till the 9th of September 2021. The Hotel Show 2021 is an annual event that brings together the leaders of the hotel and...

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