Business & Money | Wednesday 1 June, 2016 5:29 am

Saudi International Petrochemical Company Collaborates with IBM for IT Services and Digital Transformation

IBM (NYSE: IBM) has signed a ten-year technology services and digital transformation agreement with Saudi International Petrochemical Company (Sipchem). Sipchem will leverage IBM’s cloud, mobile, analytics and security platforms and services to support its ambitious efficiency enhancement and ...

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Business & Money | Wednesday 1 June, 2016 3:24 am

GREE – the new global #1 in air conditioning SET TO DOMINATE THE GLOBAL HVAC MARKET WITH TECHNOLOGY-ORIENTED SOLUTIONS

GREE Appliances Inc. ― the Chinese giant in the heating, ventilation and air-conditioning (HVAC) industry, has rapidly grown from annual sales of 40,000 units in its first year of operation, to a manufacturing capacity of 65 million units in 2015. With over 800 million users in 213 countries,...

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Business & Money | Tuesday 31 May, 2016 4:05 pm

GE celebrates industry partnerships in the Kingdom that support the goals of Saudi Vision 2030

 GE (NYSE: GE) today celebrated its partnerships in the Kingdom that are aimed at supporting economic and industrial diversification, driving localized manufacturing, creating new jobs and promoting human capital development.   John Rice, Vice Chairman of GE, hosted a special event...

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Business & Money | Tuesday 31 May, 2016 4:00 pm

MasterCard leads debate on sustainable banking, public-private partnerships at 2016 International Arab Banking Summit

MasterCard, a technology company in the global payments industry, reaffirmed its support for the Arab banking industry’s journey towards digital transformation and sustainable banking practices with its sponsorship of the “Arab Banker of the Year 2016” Award, which was held...

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Business & Money | Tuesday 31 May, 2016 3:50 pm

NWC's: 250,000 m3 of water to be pumped daily in Taif

NWC’s completed operational plan aims to cut waiting periods for Taif suburbs to receive water from 24 days to a maximum of five to seven days over the demanding summer period. The Company said it is constantly working with the Saline Water Conversion Corporation to increase water supplies,...

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Business & Money | Tuesday 31 May, 2016 2:15 pm

Women on boards in the GCC: Not a priority to business leaders

With businesses in the GCC facing pressing challenges, including oil prices, the issue of gender balance at board level is not a priority in the present climate. This and other revelations are among the findings of a study released today entitled View from the top: What business executives...

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Business & Money | Tuesday 31 May, 2016 1:55 pm

Initiative MENA Awarded at the MENA Digital Awards 2016

Initiative MENA was awarded at the MENA Digital Awards 2016, which adds two more recognitions to its bucket of 30 campaign shortlists and wins since the beginning of 2016.    The Gold win was for the agency work with KFC’s ‘Flying Bucket’ campaign (Dubai), earning...

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Business & Money | Tuesday 31 May, 2016 1:27 pm

Expo 2020 Dubai’s Premier Partnerships take off with Emirates Airline

Expo 2020 Dubai has announced Emirates Airline as its Official Airline Partner. The partnership, signed by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, and Her Excellency Reem Al Hashimy, UAE Minister of State for International...

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Business & Money | Tuesday 31 May, 2016 1:21 pm

2016 UFI Sustainable Development Award goes to American Chemical Society and Taiwan External Trade Development Council

UFI, the Global Association of the Exhibition Industry, has announced the winners of its annual Sustainable Development Award. This year’s competition theme was “Best actions to engage participants around sustainability” and the jury selected two winners: the American Chemical...

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Business & Money | Tuesday 31 May, 2016 1:18 pm

Arab world could see US$69 billion in online payment transactions per annum by 2020

PAYFORT, the leading online payment service provider in the Arab world, has announced its third “State of Payments in the Arab World” report, offering up-to-date data and insights in the region’s payment trends and consumer buying habits. Based on the seven key country markets...

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