Technology & IT | Wednesday 20 January, 2016 2:23 pm

Cisco Annual Security Report Reveals a Decline in Defender Confidence and the Increased Impact of Industrialized Attackers

The Cisco® 2016 Annual Security Report released today, which examines threat intelligence and cybersecurity trends, reveals that only 45 percent of organizations worldwide are confident in their security posture as today’s attackers launch more sophisticated, bold and resilient...

More Details

Business & Money | Wednesday 20 January, 2016 11:43 am

SWIFT’s KYC Registry surpasses 2,000 financial institutions

More than 2,000 financial institutions have signed up for The Know Your Customer (KYC) Registry, SWIFT’s centralised repository which maintains a standardised set of information about financial institutions required for KYC compliance.  The Registry provides a secure, cost-effective...

More Details

Business & Money | Tuesday 19 January, 2016 1:11 pm

Challenging economic climate across GCC may present opportunities for Bahrain’s real estate sector

As GCC markets are forecasted to face prolonged economic challenges over the coming months, Bahrain looks set to be cushioned from the blow by continued infrastructure investment from the GCC aid fund, according to  the global property consulting firm CBRE as part of its Q4 2015 Bahrain...

More Details

Business & Money | Tuesday 19 January, 2016 12:56 pm

Saudi Arabia working to create a strong and diverse economy, say experts

The Saudi government’s policies to counteract the continuing decline in oil prices will contribute to a diversification of the economy, according to economists. They said the Saudi economy is on the verge of significantly increasing its efficiency and competitiveness. One of the sessions ...

More Details

Business & Money | Monday 18 January, 2016 3:42 pm

The Building Materials Industry Directory in the GCC: 37 billion USD worth of cumulative investments until 2014

The Gulf Organization for Industrial Consulting (GOIC) announced that the GCC building materials industry was ranked third in terms of cumulative investments in 2014. This sector was the target of more than 37 billion USD, about 9.8% of the total cumulative investments in manufacturing industries...

More Details

Business & Money | Monday 18 January, 2016 3:35 pm

More than 50 million people in the Middle East to benefit from world’s latest robotics and Assistive Technology products

More than 50 million people with disabilities across the Middle East stand to benefit from the world’s latest Robotics and Assistive Technology products from over 30 countries, which will be showcased at the AccessAbilities Expo 2016, to be held from February 9-11, 2016, at the Dubai...

More Details

Tourism & Hospitality | Monday 18 January, 2016 3:19 pm

Interview with Austine Jarome, Director of Purchasing, Al Faisaliah Hotels – Al Khozama Management Company

Do you believe that the management needs to be more involved in the procurement function from a strategic point of view?   I would rather say that the management should see the strategic importance of procurement function. The procurement function is considered as an expensive stream....

More Details

Cars & Autos | Monday 18 January, 2016 12:47 pm

Audi CEO Rupert Stadler: “We have exceeded our Strategy 2015 target by 300,000 units”

AUDI AG achieved a new sales record in 2015: Compared with 2014, worldwide deliveries increased by 3.6 percent to around 1,803,250 automobiles. This total was achieved despite the fact that the first representatives of the current model initiative – the new A4, the new Q7 and the new R8...

More Details

Business & Money | Monday 18 January, 2016 7:34 am

64% of MENA Respondents Believe That Ethics is the Collective Responsibility of All Employees in a Company

Given the importance of ethics in the corporate world, Bayt.com has recently conducted a poll, in partnership with the Canadian University Dubai (CUD), to ascertain the role that business leaders play in encouraging ethical conduct in the Middle East and North Africa (MENA) region. The poll,...

More Details

Business & Money | Sunday 17 January, 2016 2:07 pm

DevOps Will Speed Innovation, Simplify Business Operations and Create Competitive Advantage for Enterprises in Saudi

The DevOps movement emphasizes communication, collaboration and integration between software developers and the IT operations team within a company. The benefits DevOps can provide for enterprises in Saudi are nothing less than the framework for staying competitive in an era defined by change....

More Details