Business & Money | Sunday 26 June, 2016 12:20 pm

Karcher to Introduce New Deep-Cleaning Carpet Machine

Karcher, the world leader in innovative cleaning technology solutions will introduce a new deep-cleaning and intermediate cleaning carpet machine, the BRC 40/22, to the Middle East market in September. The machine has been shortlisted for the International Sanitary Supply Association (ISSA)...

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Business & Money | Sunday 26 June, 2016 12:15 pm

Deloitte: Mobile consumers check their phones over 80 billion times a day

Deloitte’s Technology, Media & Telecommunications (TMT) practices highlight the increasing trends for connectivity and mobile phone usage across the board in Deloitte’s  latest report entitled: Global Mobile Consumer Trends. Both intensity in usage and ownership rates are...

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Business & Money | Sunday 26 June, 2016 12:04 pm

Brexit - Two major shocks for UK -comment by Villamin and Gautry of UBP

 Economics: Brexit should drive the economy into a technical recession in H2-16 and in 2017 (-3%/-1% range), due to lower consumption and a fall in capex. The unemployment rate is expected to rise next year (by probably 1/1.5 point from the current 5%). As the current account deficit is...

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Business & Money | Sunday 26 June, 2016 11:53 am

At MIT, Al-Falih focuses on Kingdom’s long-term future

The Massachusetts Institute of Technology (MIT) hosted Energy, Industry and Mineral Resources Minister Khalid Al-Falih for a wide-ranging discussion on Friday about Saudi Arabia’s long-term directions in economic and human development. The event convened a group of leaders from academic...

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Business & Money | Sunday 26 June, 2016 10:34 am

Saudi Deputy Crown Prince meets with Twitter’s CEO

Saudi Deputy Crown Prince Mohammed bin Salman on Saturday met with Twitter’s CEO Jack Dorsey during his New York visit. The two discussed cooperation to train and qualify Saudi cadres and investment in creative technology sectors during their meeting. The deputy crown prince’s...

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Business & Money | Sunday 26 June, 2016 2:29 am

A torn umbrella (EU) will protect none but waken other EU partners

Not very long until the news were released. Britain of today is not Britain of yesterday. 350$ billion were lost, fears, confusions and concerns spread among Britons more notably on Twitter and Facebook. This level of confusion extended to high decision makers; the UK Prime Ministers David...

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Business & Money | Saturday 25 June, 2016 3:25 pm

Barwa Bank joins seniors for Iftar at Qatar Foundation for Elderly Care

In line with the spirit of the Holy Month and its values of solidarity and togetherness, Barwa Bank, Qatar’s most progressive Shari’ah-compliant services provider, has organized an Iftar event for the residents at the Qatar Foundation for Elderly People Care (Ihsan), as part of its...

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Business & Money | Saturday 25 June, 2016 3:20 pm

Doha Bank Upgrades Card System to Improve Customer Experience

Doha Bank today announced it had successfully updated its card payments and processing system and is now running on the latest version of advanced technology of Prime. The successful implementation of the system follows months of rigorous, round-the-clock testing in order to provide faster system...

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Business & Money | Saturday 25 June, 2016 3:17 pm

Mohammed bin Salman 3m company delivers commercial license in Saudi Arabia

3M has been granted a trading license as part of a long-term strategic partnership with the Saudi government. The global, science-based company becomes one of only three companies to be granted 100 percent ownership and the ability to operate and invest in Saudi Arabia.   3M officially...

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Business & Money | Saturday 25 June, 2016 3:02 pm

Saudi Deputy Crown Prince meets Apple chief Tim Cook

Saudi Deputy Crown Prince Mohammed bin Salman has met with Apple’s CEO Tim Cook in New York on Friday. Prince Mohammed’s meeting with the top technology company followed his visit to Facebook’s headquarters on Wednesday and met with the tech giant’s founder and president, ...

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