Business & Money | Wednesday 15 July, 2015 1:06 pm

KAUST's New Shaheen XC40 Ranks Seventh in World's Top Ten Supercomputers

Shaheen XC40, King Abdullah University of Science and Technology's (KAUST's) new Cray system, is the seventh fastest supercomputer in the world according to the TOP500 list announced today at the International Supercomputing Conference in Frankfurt,...

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Business & Money | Wednesday 15 July, 2015 5:52 am

Ekhaa Campaign draws support from wide section of society

 The "Ekhaa" Campaign (#Minkom_Wfikom) recorded remarkable attention from all categories of society on social networking (Twitter, Facebook and Instagram), where all reacted by providing contribution, donation, encouragment, support or plain good wishes.  The campaign was...

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Business & Money | Wednesday 15 July, 2015 5:45 am

80 percent of Saudis to get homes by 2024

About 80 percent of the Kingdom’s population will have a house in about 9 years, if plans by the Ministry of Housing do not go awry. The ministry is seriously working on its plan to build 1 million residential units that will be sufficient to house 80 percent of Saudis by 2024. A ministry...

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Business & Money | Wednesday 15 July, 2015 2:35 am

New Intertek Transformer Oil Testing Laboratory Opens in South Africa

Intertek, the leading quality solutions provider to industries worldwide, has opened a state-of-the-art Transformer Oil (TFO) testing laboratory in South Africa, serving clients in Sub-Saharan Africa and worldwide. The Intertek TFO Laboratory provides testing to local and international methods...

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Business & Money | Wednesday 15 July, 2015 1:52 am

Smart City 2.0 Solution to Address Future City Construction

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, hosted its 11th global analyst conference in Shanghai, sharing its perspective on future industry trends with guests, media, and...

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Business & Money | Tuesday 14 July, 2015 4:31 pm

Towards the realisation of a new model of South-South cooperation

The countdown has started, 10 billion CFA francs will be soon released to launch the first phase of the project. This priority funding has been provided ahead of the release of the 100 billion CFA francs needed to complete the whole of the project.   This first part, made available to...

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Business & Money | Tuesday 14 July, 2015 2:19 pm

BUILDING SMART CITIES WITH THE POWER OF CLOUD

Use of cloud computing and analytics to help create smarter cities Information and Communication Technology (ICT) has been a key enabler to drive productivity, improve collaboration and accelerate innovation. Large-scale infrastructure-driven projects have been the key growth drivers for cloud...

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Business & Money | Tuesday 14 July, 2015 2:17 pm

ZTE and IDC Publish White Paper on Mobile Network Evolution

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, partnered with research company IDC to publish a White Paper on the evolution of mobile network infrastructure and transformation in the ...

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Business & Money | Tuesday 14 July, 2015 1:45 pm

Chestertons launches operations in Saudi Arabia

Chestertons, the international property agency established in 1805, has launched its operations across Saudi Arabia by entering into a joint venture with MEDAD Valuation International. MEDAD Valuation International is part of the leading Najeeb Abdullatif Alissa Holding Company (NHC), one of the...

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Business & Money | Tuesday 14 July, 2015 5:47 am

Experts say Makkah projects will spur an economic boom

 Government spending on development projects in Makkah such as the expansion of the Grand Mosque Project, which includes the first ring road, tunnels and buildings, will lead to an economic boom in the city, say experts. State spending on government projects, as well as expenditures on...

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