19 Ramadan 1445 - 29 March 2024
    
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Eye of Riyadh

Oliver Wyman Report Quantifies the Impact of Delivering Excellence on Corporate Banking Return on Equity
Business & Money | Wednesday 22 July, 2015 12:59 am
Financial burdens from new regulation and digitalization are widely considered to be the biggest threats to banking business models. According to a new Oliver Wyman report, Delivering Excellence in Corporate Banking, the corporate banking segment currently faces a lower level of...
Erin Energy Commences 3D Seismic Acquisition Offshore the Gambia
Environment & Energy | Tuesday 21 July, 2015 4:43 pm
Erin Energy Corporation (“Erin Energy” or the “Company”) (NYSE MKT:ERN) through its subsidiary Camac Energy Gambia Limited, has commenced the shooting of a 3D seismic survey off the coast of The Gambia. Polarcus Ltd. has been contracted by the Company to carry out the survey ...
Telecom firms lose SR250m during Eid due to WhatsApp
Technology & IT | Monday 20 July, 2015 2:48 am
Telecommunication companies in the Kingdom must have lost about SR250 million during Eid festivities this year due to a huge increase in the use of WhatsApp texting messages to convey Eid greetings, a noted economist has said. In the not so distant past, Eid greetings were being sent by using...
Top priorities for consumer executives in the UAE - Growth, consumer trust and omni channel strategy and technology
Business & Money | Monday 13 July, 2015 12:10 pm
KPMG’s third annual ‘Top of Mind’ consumer survey, in conjunction with the Consumer Goods Forum (CGF), has found that growth and top-line expansion, consumer trust and a sound omni-channel strategy are the top priorities for consumer company executives - both globally and in the...
Bangkok named one of the world's Top Ten Best Cities in Travel
Tourism & Hospitality | Monday 13 July, 2015 10:18 am
Bangkok was recently named as one of the top ten cities in the world for visitors by influential travel publication Travel + Leisure. Bangkok took the sixth spot overall and third in Asia in a list that included some of the world’s most culturally rich destinations chosen by readers of the...
GOIC: GCC food industries’ investments bordering on 24 billion USD in 2014
Business & Money | Monday 13 July, 2015 2:56 am
The Gulf Organization for Industrial Consulting (GOIC) announced that the number of factories operating in the GCC food industries sector increased from 1606 in 2010 to 1965 in 2014, a compound annual growth rate (CAGR) of 5.2%. During the same period, investments jumped from 13688 million USD to...
Deloitte: Luxury brands must navigate technology and consumer forces to remain competitive
Business & Money | Sunday 12 July, 2015 2:46 pm
Global luxury brands should take advantage of evolving technological and consumer demands to help boost profits and remain competitive, according to the 2nd annual Global Powers of Luxury Goods report issued by Deloitte.   The report provides an outlook on the global economy; an analysis ...
Middle East Digital Economy Expected to Double by 2018
Technology & IT | Sunday 12 July, 2015 2:23 pm
As the region continues to diversify its economy, the Middle East’s business landscape is quickly adopting latest technologies to capture competitive advantages arising from leveraging the Internet of Things,  big data & predictive analytics and further leveraging mobile technology ...
MENA M&A Market Stalls, During 2Q2015, Well Behind Its 3-Year Rebound
Business & Money | Sunday 12 July, 2015 1:44 pm
The MENA M&A market markedly regressed during 2Q2015, well behind its prolonged 3-year revived activity. The overall 12-month activity now falls short from a sustained and marked rebound mainly due to the regional political turmoil which is cited amongst the major factors weighing on investor...
Over 43 banks in MENA region choose Chestertons for property valuations
Business & Money | Thursday 9 July, 2015 2:27 pm
Chestertons, an international property agency established in 1805, stated that determining property valuations should be more vigorous. Chestertons is currently supporting 43 leading banks across the region for property appraisals. Property valuation is a fair measurement tool that is used to...
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