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Eye of Riyadh

Evonik and the GCC Board Directors Institute sign partnership agreement
Business & Money | Sunday 26 June, 2016 2:07 pm
Evonik, one of the world's leading specialty chemicals companies, and the GCC Board Directors Institute (BDI), the pre-eminent organisation for Boards and directors in the Gulf, have signed a three-year partnership agreement designed to help develop high-performance boards in the...
Nissan Powers Qatari Rally Champ Adel Hussein Abdulla to World Rally Championship
Business & Money | Sunday 26 June, 2016 1:45 pm
Nissan Middle East and Saleh Al Hamad Al Mana Co., its exclusive dealer in Qatar, extended their commitment and support to Qatari rally driver, Adel Hussain Abdulla, by sponsoring him as he takes his championship-wining driving to the World Rally Championship (WRC) 2016.    The...
REDTAG announces the winners of the 10th Anniversary car giveaways in Saudi Arabia
Business & Money | Sunday 26 June, 2016 1:30 pm
REDTAG, the value fashion and lifestyle brand home-grown in the Middle East has announced the winners of the 10th Anniversary car giveaway in Saudi Arabia. The raffle was in celebration of ten years of unprecedented growth as well as to thank customers for their ongoing loyalty to the stylish value ...
Doha Bank steps up its digital game with the launch of revamped mobile banking app
Business & Money | Sunday 26 June, 2016 12:43 pm
Taking a further step forward in its digital transformation plan, Doha Bank has introduced a number of new features to its best-in-class mobile banking application to offer an even more seamless and convenient digital banking experience to its customers. The enhanced app has been launched just...
Saudi’s federal healthcare goals to drive job demand, according to the latest Monster Employment Index
Business & Money | Sunday 26 June, 2016 12:22 pm
Saudi Arabia’s healthcare sector is showing promising growth, with job demand for skilled healthcare professionals leading the charts above all other sectors, with an increase of 18 per cent year to date in May 2016, according to the latest Monster Employment Index.  The rise in demand...
Karcher to Introduce New Deep-Cleaning Carpet Machine
Business & Money | Sunday 26 June, 2016 12:20 pm
Karcher, the world leader in innovative cleaning technology solutions will introduce a new deep-cleaning and intermediate cleaning carpet machine, the BRC 40/22, to the Middle East market in September. The machine has been shortlisted for the International Sanitary Supply Association (ISSA)...
Deloitte: Mobile consumers check their phones over 80 billion times a day
Business & Money | Sunday 26 June, 2016 12:15 pm
Deloitte’s Technology, Media & Telecommunications (TMT) practices highlight the increasing trends for connectivity and mobile phone usage across the board in Deloitte’s  latest report entitled: Global Mobile Consumer Trends. Both intensity in usage and ownership rates are...
Brexit - Two major shocks for UK -comment by Villamin and Gautry of UBP
Business & Money | Sunday 26 June, 2016 12:04 pm
 Economics: Brexit should drive the economy into a technical recession in H2-16 and in 2017 (-3%/-1% range), due to lower consumption and a fall in capex. The unemployment rate is expected to rise next year (by probably 1/1.5 point from the current 5%). As the current account deficit is...
At MIT, Al-Falih focuses on Kingdom’s long-term future
Business & Money | Sunday 26 June, 2016 11:53 am
The Massachusetts Institute of Technology (MIT) hosted Energy, Industry and Mineral Resources Minister Khalid Al-Falih for a wide-ranging discussion on Friday about Saudi Arabia’s long-term directions in economic and human development. The event convened a group of leaders from academic...
Saudi Deputy Crown Prince meets with Twitter’s CEO
Business & Money | Sunday 26 June, 2016 10:34 am
Saudi Deputy Crown Prince Mohammed bin Salman on Saturday met with Twitter’s CEO Jack Dorsey during his New York visit. The two discussed cooperation to train and qualify Saudi cadres and investment in creative technology sectors during their meeting. The deputy crown prince’s...
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