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Eye of Riyadh

LG Crowned Innovator Of The Year At General Motors Awards
Technology & IT | Thursday 16 July, 2020 1:28 am
LG Electronics (LG) was announced as the winner of the coveted GM Innovation Award at General Motors’ 28th Annual Supplier of the Year Awards event recently as part of the automotive leader’s first-ever virtual awards ceremony. The award recognizes LG’s development (together with sister...
Investing in Infrastructure is Essential to Securing KSA’s Digital Future
Technology & IT | Thursday 16 July, 2020 1:14 am
During the virtual roundtable discussion hosted by Cisco, titled ‘Securing the Internet for the Future: Investing in the Road to Recovery’, telecommunication service providers and industry regulators explored key learnings from recent events and evaluated the capability to meet expected...
HUAWEI nova 7 5G Series is coming soon to Saudi Arabia
Technology & IT | Thursday 16 July, 2020 1:00 am
Huawei Tech Investment Saudi Arabia Company has officially confirmed that it is launching the nova 7 5G Saudi Arabia will be very soon. As one of the world's pioneering technology companies, Huawei is playing a leading role in the global smartphone market and technological innovation. In addition...
Dubai Culture’s debut photo-tour ‘Tales from the Past’ receives overwhelming response from local photography community
Culture & Education | Wednesday 15 July, 2020 2:39 pm
The Dubai Culture & Arts Authority marked the reopening of its Al Shindagha Museum with its debut ‘Tales from the Past’ photo tour, which invited local photographers and content creators to visit, snap and share their experience at the Perfume House and the Dubai Creek: Birth of a City...
Zain Saudi Arabia generates SAR 164 million in profits during first-half of 2020
Technology & IT | Wednesday 15 July, 2020 2:35 pm
Zain Saudi Arabia (Zain KSA) has achieved notable financial results during the first six months of the year ending June 30, 2020, recording a net profit of SAR 164 million on revenues of SAR 3,928 million. This performance reflects the company’s solid fiscal trend despite COVID-19 related...
Gulf Pharmaceutical Industries ‘Julphar’ rights issue oversubscribed by 2.3 times
Healthcare | Wednesday 15 July, 2020 1:48 pm
Gulf Pharmaceutical Industries PSC (Julphar), one of the largest pharmaceutical manufacturers in the Middle East and Africa, has announced today that its AED 500 million rights issue was successfully completed and more than two times oversubscribed. The company will use the net proceeds of the ...
Transguard Group Further Solidifies its Position in the Finance, Banking and Government Sectors
Business & Money | Wednesday 15 July, 2020 1:39 pm
Business solutions provider Transguard Group has announced that Saeed Al Marzouqi has recently been brought on board as its new Senior Director-Group Strategy and Sales. Al Marzouqi joins Transguard from Noor Bank, where he served as Vice President and Head of Institutional Sales for the Treasury...
Dubai real estate activity fell sharply in Q2, although June figures point to a recovery in sales transactions
Business & Money | Wednesday 15 July, 2020 1:32 pm
Dubai’s residential sector faced a challenging second quarter of 2020, with social distancing measures, coupled with Covid-19’s economic impact, affecting market performance.  However, with encouraging transaction figures in June, a move towards more typical sales volume is expected in Q3, ...
Almarai Tops 2020's Most Chosen Brands in the Kingdom
Business & Money | Wednesday 15 July, 2020 11:22 am
Almarai company topped the list of the most chosen FMCG brands by consumers in Saudi Arabia for the year 2020, according to the Brand Footprint study issued by KANTR Media for market research, which polls the consumers' views on different companies around the world.   Among 521...
ADDED launches ‘Paperless Business Challenge’ as part of move to fully digitize internal and external transactions
Business & Money | Wednesday 15 July, 2020 10:55 am
The Abu Dhabi Department of Economic Development (ADDED) has launched the ‘Paperless Business Challenge’ aimed at helping preserve the environment by reducing wastage from excessive and poor usage of paper which negatively impact natural resources. Under the challenge, ADDED will implement...
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