Environment & Energy | Sunday 8 March, 2015 1:39 pm

Dampened Middle East oil and gas transaction activity in 2014

While the Middle East has substantial oil and gas reserves and production, in the context of the global transactions market both current and historic levels of activity are relatively low, according to EY’s Global Oil and Gas Transactions Review 2014. In the Middle East, transaction activity in...

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Technology & IT | Friday 6 March, 2015 10:55 am

Kaspersky Lab Products Achieve Outstanding Results in Independent Tests throughout 2014

Kaspersky Lab has once again led the way in the Top-3 Protection rating for 2014, reflecting the enduring superiority of its products. The rating is based on the results of a series of independent evaluations of security solutions carried out throughout the past year. According to this rating,...

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Business & Money | Wednesday 4 March, 2015 12:51 pm

HONEYWELL FORECASTS STEADY GLOBAL HELICOPTER DEMAND FOR NEXT FIVE YEARS

In its 17th annual Turbine-Powered Civil Helicopter Purchasing Outlook, Honeywell Aerospace (NYSE: HON) expects that 4,750-5,250 civilian-use helicopters will be delivered during 2015-2019. Overall, five-year demand for turbine-powered, civil helicopters remains steady versus the 2014 five-year...

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Business & Money | Wednesday 4 March, 2015 5:50 am

21 Saudis among 100 most powerful Arab women

Saudi Arabia has 21 women ranked in the top 100 list of the most powerful Arab women, determined by Arabian Business magazine every year for the past five years.Number one on the list is Sheikha Lubna Al-Qasimi from the United Arab Emirates (UAE) for her achievements in government. Lawyer Amal...

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Sports | Sunday 1 March, 2015 1:53 pm

FORMULA ONE AND PIRELLI: ALL THE NUMBERS FROM 2014

As Paul Hembery, Pirelli’s motorsport director, explains: “Each year, we’ve traditionally published all the numbers that tell the story of our Formula One season. Last year we faced the biggest challenge that we had experienced since entering the sport, thanks to a completely new generation...

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Business & Money | Tuesday 24 February, 2015 6:25 am

“Better savings” highlighted as the top personal goal in Western Union’s “My Yellow Brick Road” campaign survey

Highlighting the attractiveness of Saudi Arabia, residents in the kingdom who responded to a Western Union survey praised the country for a variety of reasons while revealing fascinating insights into their lives in the country. Respondents to the survey commented on the peace of mind, the...

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Technology & IT | Monday 16 February, 2015 7:45 am

Love across the Twittersphere

What happens in the real world happens on Twitter, and love is no exception. Messages of “I love you,” “Je t’aime,” “te amo,” or “بحبك” are sent each day on Twitter, so we looked into which countries are saying it the most.The United Arab Emirates is ranked #4 globally as...

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Cars & Autos | Wednesday 11 February, 2015 2:05 pm

NISSAN REPORTS 23.6% RISE IN NET INCOME TO 3.2 BILLION DOLLARS

Nissan Motor Co., Ltd. today announced improved financial results for the nine months to December 31, 2014, as solid US sales, cost efficiencies and favorable currency movements contributed to a 23.6% rise in net income to 3.2 billion US dollars.Operating profit rose to 3.9 billion US dollars for...

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Technology & IT | Sunday 8 February, 2015 2:45 pm

Deloitte: Technology investments a strategic priority; yet CIO innovation budgets remain insignificant

Organisations across the globe are setting their sights on stronger growth and, for many, technology investment is a strategic priority. Digital, analytics and big data are taking precedence as technology is changing the way businesses operate and companies are adapting their operating models to...

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Culture & Education | Sunday 8 February, 2015 7:51 am

KSA among top 40 countries investing in research

Saudi Arabia was among the top 40 countries investing in research and development (R&D) areas in 2014, local media said, quoting a report by Gulf Petrochemicals & Chemicals Association (GPCA).The report, based on studies carried out by a US research firm, said Saudi Arabia allocated 0.3 percent of...

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