Business & Money | Sunday 21 August, 2016 11:39 am

Solid Lenovo 1ST Quarter FY16-17 in Face of Industry & Currency Headwinds

 Lenovo Group (HKSE: 992) (ADR: LNVGY) announced results for its first fiscal quarter ended June 30, 2016. Quarterly revenue was US$10.1 billion, a six percent decrease year-over-year (or four percent decrease in constant currency). Quarter-to-quarter, this represented a 10...

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Technology & IT | Sunday 21 August, 2016 11:15 am

CAREEM becomes the first and only car booking app to sign MOU with Ministry of Transportation and Communications in Qatar

CAREEM, the region’s leading car booking app, announced it has signed a Memorandum of Understanding with the Ministry of Transport and Communications for the purpose of regulating and licensing the ride-hailing service technology in Qatar. The MOU follows recent moves by the authorities in...

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Business & Money | Sunday 21 August, 2016 11:06 am

Haramain Train project’s life span to be 120 years

The expected lifespan of the Haramain Train project is 120 years, says the director general of the project, Bassam Ghalman. The project, which began in 2009, is near completion after finalization of work at the Jeddah and Madinah stations. Work on the Makkah station was stalled for seven months...

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Business & Money | Sunday 21 August, 2016 10:27 am

Dubai Wholesale City to Boost Cooperation with Potential Spanish Business Partners

In line with its mandate to boost Dubai’s credentials as a wholesale hub of choice and as part of ongoing efforts to strengthen cooperation with partners and stakeholders from the private and public sector within and outside the UAE, Dubai Wholesale City (DWSC) welcomed a delegation from the...

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Technology & IT | Sunday 21 August, 2016 10:21 am

CommScope Discusses Future of Networks at GITEX 2016

Trends that will shape the transformation of networking across the Middle East will be the focus of CommScope’s participation at GITEX Technology Week 2016.    “We are in the early stages of what may be the greatest transformation of networking yet, driven by mobility,...

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Business & Money | Sunday 21 August, 2016 9:50 am

ManageEngine Enters 2016 Gartner Magic Quadrant for SIEM as the Only New Entrant

ManageEngine, the real-time IT management company, today announced that it has been positioned by Gartner, Inc. for its log management and SIEM solution, Log360, in the 2016 Gartner Magic Quadrant for Security Information and Event Management. The company is the only new addition to the Gartner...

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Business & Money | Sunday 21 August, 2016 9:43 am

Ashridge’s Accelerated Leadership Program plays a key role in the success of Saudization

As more companies embrace Saudization, they are also concerned that young Saudis are being moved up the organization at such a rapid pace that they may end up taking on senior roles before developing the business acumen and necessary leadership competencies.   According to Alex Davda,...

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Sports | Sunday 21 August, 2016 9:42 am

duFC Player Selected for Trial at LaLiga Malaga C.F. Youth Club

Following a 17-day intensive training camp in Spain led by LaLiga coaches and attended by LaLiga scouts, du Football Champions (duFC) player Ahmad El Yamani was selected from among 34 of his duFC Elite Team mates, to join the LaLiga Youth Champions, Malaga C.F. team for a two-week trial, which will ...

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Tourism & Hospitality | Sunday 21 August, 2016 8:07 am

190 metro trains to serve 3.6 million commuters in Riyadh

BY the end of 2018, Saudi Arabia’s capital city is expected to launch one of the world’s biggest mass transit systems. Arriyadh Development Authority (ADA) approved the metro network and a brand new bus system being built and implemented simultaneously in 2012 after forecasts of a 50...

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Government | Sunday 21 August, 2016 8:00 am

MOL launches Ajeer portal for temporary work in Haj

The Ministry of Labor and Social Development has launched an electronic service for temporary work during the Haj season via ‘Ajeer’ portal. The aim is to provide an electronic market that shows the supply and demand for jobs during the Haj season, Saudi Press Agency reported...

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