Business & Money | Sunday 13 December, 2020 7:57 pm

Gaming Industry Remains a Smart Investment

2020 Gave Huge Boost to Gaming with More Innovations ComingThe gaming industry in 2020 is drawing close attention to itself. With growing sales, the manufacturers of gaming consoles plan to increase their profitability in an unprecedented way. Despite global economic setbacks in 2020 due to...

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Technology & IT | Sunday 29 November, 2020 2:06 pm

Cisco Research: UAE and KSA’s CIOs Identify New Strategies to Navigate Changing World

Cisco’s inaugural CIO Perspectives survey has identified the strategic priorities for 1,300 decisionmakers globally, across markets including the United Arab Emirates and the Kingdom of Saudi Arabia. As CIOs navigate new territories, how their IT teams operate on a day-to-day basis and how...

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Business & Money | Tuesday 24 November, 2020 11:53 am

77% of KSA Consumers are Shopping More Online Since the Start of Pandemic, Reveals Mastercard Study

As the global COVID-19 pandemic continues to spur e-commerce, a Mastercard study has revealed the rapid growth of online shopping, with nearly three out of four Saudi consumers shopping more online than they did before the pandemic.  The study provides significant insights into how...

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Environment & Energy | Saturday 21 November, 2020 12:25 am

Saudi Arabia's Electricity Sector Undergoes Largest, Most Comprehensive Transformation On A Global Scale

A press conference was held on Monday 16th November 2020, organized by Saudi Arabia's Ministry of Energy, to announce sweeping electricity sector reforms that will ensure the long-term health and sustainability of the electricity sector and the achievements of the Kingdom's goal under Vision...

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Technology & IT | Wednesday 18 November, 2020 4:16 pm

Digital Transformation and Cloud Security are top priority for 79% of Middle East Enterprises: Trend Micro Survey

  In the era of the coronavirus pandemic, digital transformation, and cloud security (79%) are the chart-topping topics enterprises want to know more about. They are followed by threat and vulnerability research (62%), and risk and compliance (49%), as shown by a pre-event survey of 2,064 ...

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Business & Money | Tuesday 17 November, 2020 1:57 pm

Retail traffic and sales in KSA set to soar during Black Friday: Criteo study

Retail traffic and sales in the Middle East and Africa (MEA) are set to peak once again during Black Friday (November 27) this year. Data from Criteo has shown that Black Friday 2019 saw an average of 336% increase in sales and a 170% increase in traffic. Similar trends are expected this year, with ...

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Business & Money | Tuesday 29 September, 2020 9:59 pm

Kpmg: Saudi-listed Insurers Report Strong Performance In H1 2020 Amid Covid-19 Impacts

Saudi insurers witnessed a substantial increase in net profit before zakat in the first half of 2020 with gross written premium (GWP) maintaining an upward trajectory and declining loss ratios, according to a new report released by KPMG in Saudi Arabia, a leading provider of audit, tax and advisory ...

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Technology & IT | Tuesday 29 September, 2020 3:39 am

Kaspersky registers growing interest in PlayStation 5 among cybercriminals

Kaspersky experts has recently detected a growing interest among phishers and scammers in the popular game console PlayStation, the new version of which is going to be launched in November. In the period of July – September 2020, there was discovered almost 150 suspicious web resources around the ...

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Business & Money | Monday 28 September, 2020 2:55 pm

Value of Awarded Contracts Set to Rebound in Second Half of 2020

The value of awarded contracts in the Kingdom decreased during the second quarter to SAR11 billion ($2.9 billion) after a strong showing during the first quarter, according to a report by the U.S.-Saudi Business Council (USSBC). The promising start to the year fizzled during Q2 as numerous project...

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Environment & Energy | Sunday 27 September, 2020 3:49 am

COVID-19 and the Kingdom’s Power Sector

Attributed to Khalid Salem, CEO and President – Mitsubishi Power MENA The unfolding effect of the COVID-19 outbreak is deeply impacting livelihoods and businesses across the world, and of course in the Middle East. The impact is felt across all industries, and the Power sector is not exempt. ...

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