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Eye of Riyadh

68% Businesses in Saudi Arabia Prefer Banks with Solid Security Reputation
Business & Money | Wednesday 6 April, 2016 1:00 pm
68% of companies in Saudi Arabia prefer to bank with a provider who has a solid security reputation, according to a Kaspersky Lab survey. Those banks that make security a priority and take every effort to ensure measures are in place to safeguard against online financial fraud will have an...
What’s the future for Retail Banking?
Business & Money | Tuesday 5 April, 2016 9:20 am
Market disruption in financial sectors, branch transformation, enhanced user experience and digitalization of banking services are some of the main challenges facing Middle East retail bankers in the upcoming years. One of the key questions still remains: “What does the next generation of...
Thinking Of Buying a Luxury Car?
Business & Money | Monday 4 April, 2016 12:33 pm
We’ve all thought about it: owning our dream car. But there is more than just the cost of the car to consider when you buy a car worth AED 300,000+. One important consideration is insurance, which will be a recurring cost for as long as you own the vehicle.  MoveSouq.com sat down with ...
Technology Startup Sector in MENA Grows by Ten-fold according to BECO Capital
Technology & IT | Sunday 3 April, 2016 11:18 am
BECO Capital, a regional venture capital firm focused on technology investments in the Gulf Cooperation Council (GCC) countries, today said that the tech entrepreneur sector has grown by over ten-fold since the nascent Venture Capital industry emerged four years ago, allowing for more and better...
Deloitte “Middle East Point of View”: Lack of proper planning can derail IFRS implementation in KSA
Business & Money | Sunday 3 April, 2016 10:15 am
The Kingdom of Saudi Arabia (KSA) is soon set to join 130+ countries across the globe in the application of International Financial Reporting Standards (IFRS). Today, all companies in Saudi Arabia, other than banks and insurance companies, must follow accounting standards generally accepted in KSA...
Marka Announces Results of 2016 Annual General Meeting
Business & Money | Thursday 31 March, 2016 3:29 pm
Marka Holding PJSC (DFM: MARKA), (‘Marka’), the first public joint stock retail operator in the UAE, held its Annual General Meeting (AGM) on 28th March where shareholders approved the Company’s 2015 financial statements and resolutions presented by the Company’s Board of...
Health is wealth: Why wellness accessories are the new luxury
Beauty & Style | Tuesday 29 March, 2016 4:34 pm
The Middle East’s wellness industry is undergoing rapid growth as consumers increasingly take a new approach to their health and wellbeing. Driven by worryingly high rates of obesity and diabetes the market is seeing a notable increase in sales of wellness brands which fit in with...
Middle East & Africa PC Market Suffers Steepest Ever Decline in Shipments
Technology & IT | Tuesday 29 March, 2016 4:01 pm
The Middle East and Africa (MEA) PC market suffered a 28.7% year-on-year slump in shipments in the final quarter of 2015, according to the latest insights from global technology research and consulting firm International Data Corporation (IDC). Shipments fell for the third consecutive quarter in Q4 ...
ALKHABEER CAPITAL RELEASES GCC 2016 BUDGETS REPORT
Business & Money | Tuesday 29 March, 2016 9:41 am
Alkhabeer Capital, the asset management and investment firm based in Jeddah, Saudi Arabia, released today the 2016 edition of its report reviewing GCC governments’ budgets. The report analyses the latest budgets of the region’s governments, the recent reform measures announced and the...
Al Meera Consumer Goods Company (QSC) holds its Annual General Assembly Meeting for the year 2016
Business & Money | Tuesday 29 March, 2016 4:46 am
Al Meera Consumer Goods Company (QSC) held its Annual Ordinary General Assembly on Monday, March 28, 2016 at Regency Hall in Doha, in the presence of of HE Abdulla Bin Khalid Al Qahtani, Chairman of the Board of Directors, as well as members of the Board of Directors, shareholders and investors....
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