Technology & IT | Wednesday 2 September, 2020 12:36 am

Zoom predicts revenue surge

Zoom Video Communications Inc. raised its annual revenue forecast by more than 30 percent after comfortably beating quarterly estimates on Monday as it converts more of its huge free user base to paid subscriptions. Shares of Zoom, which have surged almost four-fold this year, rose 9.3 percent ...

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Business & Money | Tuesday 1 September, 2020 2:07 pm

“Ithra Dubai” Announces the Launch of Plot 3 of the “Deira Enrichment Project (DEP)”

 Ithra Dubai, wholly owned by the Investment Corporation of Dubai, announces the launch of Plot 3 of Phase 1 of the Deira Enrichment Project (DEP.) Known as “Sherina Plaza,” Plot 3 has entered the close-out and handover phase, leading the way before Plots 1, 2, 11 and 12 soon to be...

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Business & Money | Tuesday 1 September, 2020 1:43 pm

Alwaleed Philanthropies appoints Instinctif Partners to expand their regional and global presence

Instinctif Partners has been appointed by KSA-based philanthropy giant, Alwaleed Philanthropies, which delivers vital humanitarian projects both regionally and internationally. To date, Alwaleed Philanthropies has delivered over 1,000 projects in nearly 200 countries. Instinctif Partners will...

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Technology & IT | Tuesday 1 September, 2020 1:41 pm

NESCAFÉ® Dolce Gusto® launches its new ultra-compact Genio S Plus machine in the Region

NESCAFÉ® Dolce Gusto® has officially launched its new automatic ultra-compact Genio S Plus coffee machine in Saudi Arabia, United Arab Emirates, Kuwait, Jordan, Bahrain and Oman. In addition to creating professional quality coffees at home, consumers can now customize their drink with the...

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Environment & Energy | Tuesday 1 September, 2020 1:31 pm

Mitsubishi Power Established with Renewed Commitment to Transforming Energy Systems Around the World

Mitsubishi Power, a major subsidiary of the Mitsubishi Heavy Industries (MHI) Group, officially changed its corporate name from Mitsubishi Hitachi Power Systems today. The rebrand marks the start of an exciting new chapter in the company’s mission to solve the foremost energy challenges of our...

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Culture & Education | Tuesday 1 September, 2020 1:28 pm

Abu Dhabi University launched a series of free community-focused initiatives

Abu Dhabi University (ADU) has launched a series of online courses under its latest initiative entitled ‘Investing in our Community’. The initiative kicked off in July and continued throughout the month of August. It delivered a number of workshops and educational sessions aimed at teachers,...

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Business & Money | Tuesday 1 September, 2020 1:25 pm

Alstom goes full steam ahead with CSR initiatives in support of communities across the UAE

Alstom has continued to reaffirm its commitment to supporting local communities through various CSR initiatives – ensuring its corporate social responsibility (CSR) efforts are deeply rooted in its strategy. As a socially responsible company, the global leader in rail transport and sustainable...

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Technology & IT | Tuesday 1 September, 2020 9:43 am

AI training program for young Saudis

Dr. Abdullah bin Sharaf Al-Ghamdi, president of the Saudi Data and Artificial Intelligence Authority on Monday announced the launch of a training program in the field of data and artificial intelligence (AI) for 100 young men and women in the Makkah region.He was speaking at the inaugural ceremony...

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Business & Money | Tuesday 1 September, 2020 8:44 am

Ministry taking steps to expand Saudi industrial base, says Alkhorayef

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef on Monday said the ministry is taking all measures to boost the industrial and mining sector by introducing investor-friendly regulations and ensuring transparency in procedures.He said the launch of the “Made in Saudi Arabia”...

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Environment & Energy | Tuesday 1 September, 2020 7:46 am

KAPSARC: Global Solar PV Installation grows 80 times in 13 Years

In its effort to create solutions to reduce carbon emissions and enhance energy security, the King Abdullah Petroleum Studies and Research Center (KAPSARC) explores in a recent Data Insight publication, entitled “Trends in Global Solar PV Installation,” that the total global capacity of solar...

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