Business & Money | Monday 2 August, 2021 3:24 am

Saudi Arabia’s real estate price index rises by 0.4% in Q2

The real estate price index in Saudi Arabia rose by 0.4 percent in the second quarter of 2021 compared to the same period of the previous year, official data showed on Sunday. The statistics issued by the General Authority for Statistics showed a 0.8 percent increase in the residential real...

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Business & Money | Monday 2 August, 2021 2:47 am

Red Sea Development Company Signs Contract with KACST to Provide Satellite Data of Development Sites

 The Red Sea Development Company (TRSDC) has signed a contract with King Abdulaziz City for Science and Technology (KACST) to provide high resolution satellite data of key locations at the Red Sea Project to monitor the project. The satellite imagery improves TRSDC’s ability to monitor...

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Business & Money | Monday 2 August, 2021 1:17 am

Following a successful H1, Intigral focussed on further enhancing its value propositions for H2 2021.

Having kicked off 2021 with new content releases and world-class product feature achievements, Intigral, a leading provider of digital entertainment and sports in MENA, has been growing its content line-up, recording higher growth rates, and significantly enhancing its customers’ viewership...

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Business & Money | Sunday 1 August, 2021 7:00 am

4IR can help KSA become a global hub for new drone technology

Saudi Arabia could become a global center for new drone technology under plans being advanced by the Center for the Fourth Industrial Revolution (4IR) recently inaugurated in Riyadh in partnership with the World Economic Forum (WEF). Mansour Alsaleh, director of the center, told Arab News that ...

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Business & Money | Sunday 1 August, 2021 4:23 am

Pandemic Recovery Moves Forward 2021’s Earth Overshoot Day by a Month as Humanity’s Ecological Footprint Grows by Ten Percent

This year’s Earth Overshoot Day has moved almost a month forward, in part due to the world’s economies recovering from 2020 and the growing demand for power fueled by hydrocarbons. Each year, Earth Overshoot Day marks the date when humanity has used all the biological resources that Earth can...

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Business & Money | Sunday 1 August, 2021 2:19 am

Mastercard marks year of collective action in annual Sustainability Report

Mastercard released its 2020 Corporate Sustainability report, highlighting how the company has responded to the challenges of the last year through innovation and trusted partnerships and is delivering on its mission to build a more inclusive, sustainable world with a digital economy that works for ...

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Business & Money | Thursday 29 July, 2021 9:57 am

Wa’ed Selects HES FinTech as Software Vendor

Wa’ed, the entrepreneurship arm of Aramco, has signed a contract with HES FinTech lending software provider to automate financial operations at the company.About the projectWa’ed is an entrepreneurial support center, providing end-to-end assistance to boost Saudi-based start-ups, including...

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Business & Money | Thursday 29 July, 2021 2:30 am

KPMG: ‘Digital Blended Learning’ to Transform Education Method

KPMG’s latest publication on education presents a digital blended learning approach as a model to transform the learning ecosystem. The study identifies the technologically integrated education as an opportunity to take a large step forward and shape the future that our children, society and the...

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Business & Money | Wednesday 28 July, 2021 1:39 am

Red Hat Extends Red Hat Enterprise Linux 8 as a Foundation for More Secure Computing with Second FIPS 140-2 Validation

Red Hat, Inc., the world's leading provider of open source solutions, today announced the renewal of the Federal Information Processing Standard 140-2 (FIPS 140-2) security validation for Red Hat Enterprise Linux 8.2. The second FIPS certification for the Red Hat Enterprise Linux 8 platform, this...

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Business & Money | Tuesday 27 July, 2021 5:33 am

Tabuk companies go green in search of business with NEOM

Saudi Arabia in recent years has made major shifts to transform its economy into one focused on green energy. The government itself is leading the charge, setting a goal to generate 50 percent of the Kingdom’s power needs using renewable energy by 2030. NEOM, a sustainable region under...

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