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Eye of Riyadh

Deloitte: Digital transformation key to organizations’ survival
Business & Money | Wednesday 13 April, 2016 4:31 pm
The digital age is moving at a fast pace that it is fundamentally transforming the way organizations operate, be it in the private or the public sector, according to Deloitte’s latest report entitled “The changing role of people management in the digital age.” This trend is...
Nexthink Raises $40 Million Gearing up for IPO
Business & Money | Wednesday 13 April, 2016 4:29 pm
Nexthink®, the unique provider of End-user IT Analytics, today announced it has raised $40 million in new investment, led by Highland Europe, a leading global venture capital firm. This is the largest round of funding to date for Nexthink and includes participation from the Bertarelli...
casio launching a series of innovative models at Baselworld 2016
Business & Money | Wednesday 13 April, 2016 2:18 pm
A 20th anniversary model to commemorate the origi- nal launch of the flagship MR-G series in the G-SHOCK line, the new MRG-G1000HT explores the theme of tsuiki1, a traditional Japanese metalworking technique. Casio designed the watch in collaboration with a third- generation master artisan in the...
Steelcase Reports Fourth Quarter and Fiscal 2016 Results
Business & Money | Wednesday 13 April, 2016 1:51 pm
Steelcase Inc. (NYSE: SCS) reported fourth quarter revenue of $747.9 million and net income of $77.5 million, or diluted earnings per share of $0.62. Excluding restructuring costs, adjusted earnings were $0.64 per share.  During the fourth quarter, the company reversed its valuation allowance...
KAEC Industrial Valley Witnesses First Factory for Assembling Firefighting Apparatus in Arab World
Business & Money | Wednesday 13 April, 2016 1:36 pm
The Economic Cities Authority (ECA) participated in the opening of the new Rosenbauer Saudi Arabia factory, the first manufacturing facility specializing in assembling firefighting apparatus in the Arab world. The factory was built in the Industrial Valley in King Abdullah Economic...
Alkhabeer Capital Appoints Ahmed Ghouth as CEO
Business & Money | Wednesday 13 April, 2016 1:18 pm
 Alkhabeer Capital, the premier asset management and investment firm based in Jeddah, Saudi Arabia, today announced the appointment of Ahmed Ghouth as Chief Executive Officer. Ammar Shata, founder of Alkhabeer Capital, will remain in his role as Executive Director of the...
Businesses in KSA Need an Integrated Approach to The Threat Defense Lifecycle
Business & Money | Wednesday 13 April, 2016 1:15 pm
Attackers today use multiple techniques to penetrate an organizations’ infrastructure and compromise their vital data assets or systems. This problem has only been exasperated with the proliferation of the cloud and IoT and today’s targeted multiphase attacks consist of a series of...
Waseela Successfully Completes Milestone Five-Year WiMAX/LTE Network Managed Services Project in Saudi Arabia
Business & Money | Wednesday 13 April, 2016 1:09 pm
Waseela, the regional Information and Communication Technology (ICT) company specializing in turnkey system integration and managed services, successfully completed the delivery of a WiMAX/LTE Network Managed Services project for Samsung in Saudi Arabia.  The project for Samsung which began ...
2nd day of the Annual Investment Meeting (AIM 2016)
Business & Money | Wednesday 13 April, 2016 4:17 am
The second day of the Annual Investment Meeting (AIM 2016) held under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai at the Dubai International Convention and Exhibition Centre, had lengthily discussions on the opportunities...
First-time buyers were second day’s most prominent visitors at the International Property Show 2016
Business & Money | Wednesday 13 April, 2016 4:01 am
First-time buyers were second day’s most prominent visitors of the 12th International Property Show, which coincided with the Annual Investment Meeting 2016, at the Dubai International Convention and Exhibition Centre (DICEC) where global exhibitors are competing to showcase their residential ...
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