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Eye of Riyadh

The gold price rallies with record ETF inflows while COVID-19 hits consumer demand in H1
Business & Money | Thursday 30 July, 2020 4:10 pm
The COVID-19 pandemic impacted the consumer sectors of the gold market in H1 2020, with total demand dropping by 6% to 2,076t versus the same period in 2019, according to the World Gold Council’s latest Gold Demand Trends report. However, while overall gold demand fell, H1 saw record flows...
89% of Saudi parents use their gadgets to entertain their child when they travel: Kaspersky on tendencies of parenting in a digital age
Technology & IT | Tuesday 28 July, 2020 3:22 pm
While many countries slowly ease the lockdown measures that were implemented because of the coronavirus pandemic, the interest to domestic and international travel starts to increase. Kaspersky throws a light on some travel patterns of parents and their children on the go.  According to...
Trend Micro Finds 83% of Saudi Remote Workers Have Gained Greater Cybersecurity Awareness During Lockdown
Technology & IT | Sunday 26 July, 2020 4:01 am
Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today released survey results that show how remote workers in Saudi Arabia approach cybersecurity. While 83% of remote workers in the kingdom say they understand their responsibilities towards their...
Cybercriminals take advantage of the streaming wars in 2020 to conduct 394 attacks in Saudi Arabia
Technology & IT | Wednesday 22 July, 2020 2:02 pm
When it comes to disguising malicious files under the names of popular streaming platforms and their content, cybercriminals most frequently use Netflix and The Mandalorian (a Disney + original) as a lure. Between January 2019 and April 8, 2020, there were more than 22,000 infection attempts...
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, ...
9% of Business in Saudi Arabia using EDR were able to detect cyber-incidents in hours or less
Business & Money | Tuesday 14 July, 2020 2:54 pm
More than a quarter (28%) of companies that have implemented an Endpoint Detection and Response (EDR) solution have been able to detect cyberattacks in just a few hours or even almost immediately after an incident happened. This is higher than the overall results, as on average only 9% of...
KPMG: Saudi government's agility limits impact of Covid-19 pandemic 
Business & Money | Tuesday 14 July, 2020 1:06 pm
The setting up of governing mechanisms under Saudi Arabia's Vision 2030 to promote intergovernmental collaboration was a big support to the swift response to limit the spread and economic repercussions of Covid-19 pandemic, according to Ismail Daham Alani, Head Government and Public Sector,...
Dubai hotels miss opportunity to save AED 1.45 million on energy bills, says sustainability expert
Business & Money | Sunday 5 July, 2020 11:52 am
According to a research study carried out by leading UAE-based technology and sustainability-driven facilities management (FM) company Farnek, Dubai hotels may have missed out on an opportunity to save thousands of dirhams in energy consumption.  Farnek took a snapshot of the energy and...
23% of parents in Saudi Arabia do not watch video blogs and are not aware of digital content their children are fond of
Technology & IT | Wednesday 1 July, 2020 5:11 pm
Modern parents have to constantly educate themselves and keep up to date when it comes to the Internet trends. There is a strong reason for it – their children. If parents do not know what is popular on the internet, they can have misunderstandings or even conflicts with their children. It turns...
New IDC Report Analyzes Saudi Arabia’s Cybersecurity Landscape
Technology & IT | Wednesday 24 June, 2020 11:09 am
Evolving digital transformation strategies and shifting industry dynamics across Saudi Arabia are driving organizations to innovate and explore new technologies and delivery models. In turn, this is creating a complex ecosystem beset by new cybersecurity challenges. As a result, cybersecurity is no ...
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