02 Jumada I 1443 - 6 December 2021
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Eye of Riyadh
Eye of Riyadh

EY: Two MENA IPO deals in KSA and Egypt raise US$190m in Q3 2019
Business & Money | Sunday 3 November, 2019 12:06 pm
According to the EY MENA IPO Eye Report, Initial Public Offering (IPO) deal value in the Middle East & North Africa (MENA) region decreased by 45.3% to US$190.0m in Q3 2019, down from US$347.3m in Q3 2018. Two deals were recorded in the Kingdom of Saudi Arabia (KSA) and Egypt in Q3 2019, a...
Wi-Fi turns 20 – 20 significant milestones
Technology & IT | Thursday 31 October, 2019 1:15 am
To celebrate the 20th anniversary of the inception of Wi-Fi, Cisco outlines 20 significant dates and facts related to the evolution of Wi-Fi technology and its impact:   1971: Early beginnings of Wi-Fi: A network system called ALOHAnet is created at the University of Hawaii,...
Sharing 20+ years of cyberthreat expertise: Kaspersky opens privileged access to curated features of its threat intelligence
Technology & IT | Monday 28 October, 2019 2:54 pm
Kaspersky Threat Intelligence Portal is a single point of access for the company’s threat intelligence, providing all cyberattack data and insights gathered by Kaspersky. It helps enterprises to investigate and respond to a threat in a timely way. With the latest portal update, driven by its...
Saudi healthcare spending expected to increase to US$ 160 billion by 2030
Healthcare | Monday 28 October, 2019 12:13 pm
Arab Health, the largest exhibition for healthcare and trade professionals in the MENA region, has revealed Saudi Arabia’s healthcare spending has grown at a Compound Annual Growth Rate (CAGR) of 12.1% in the last nine years to US$45.9 billion, and is expected to increase to US$160...
App and mobile web-based purchases drive 65% of all transactions for retailers in EMEA in Q2 2019, Criteo report finds
Technology & IT | Sunday 27 October, 2019 3:10 pm
Criteo, the advertising platform for the open Internet, has released the findings of its Global Commerce Review Report for Q2 2019, which reveals that retailers who promote an app continue to benefit from mobile purchases, including apps and mobile web, with 65 per cent of all e-commerce...
Three Sustainability Drivers Reshaping the Food Packaging Industry in the MEA region, according to SIG Combibloc Obeikan
Business & Money | Friday 25 October, 2019 5:43 am
SIG Combibloc Obeikan (SIG CBOB), one of the world’s leading suppliers of carton packaging and filling machines for food and beverages, identifies 3 major drivers making sustainability an integral part of the future of the MEA food packaging industry. These include accelerating consumer...
Ongoing Investments Propel Long-Term Growth of Saudi Mining Sector
Business & Money | Wednesday 23 October, 2019 12:00 pm
The Kingdom currently and in the future will maintain long-term large and growing domestic demand to go along with the abundance of mineral resources and competitive energy costs, revealed a new report by the U.S.-Saudi Arabian Business Council.   Hailed as Saudi Arabia’s third...
Bayt.com: Earning extra income and learning new skills top two motivators for Middle East freelancers
Business & Money | Sunday 20 October, 2019 2:11 pm
Bayt.com, the Middle East’s #1 job site, released it’s latest poll, “Part-time Work in the Middle East”, which sheds light on the state of freelancing in the region. The research discloses four key motivations for MENA professionals to take up freelance work options: Earning ...
Nine in Ten Young Arabs Concerned About Unemployment, 11th Arab Youth Survey 2019 shows
Business & Money | Sunday 20 October, 2019 1:00 pm
An overwhelming 89 percent of young Arabs expressed concern about levels of unemployment in their countries, according to a new finding from the 2019 ASDA’A BCW Arab Youth Survey, unveiled at an event organized by the International Monetary Fund (IMF) during the IMF and World Bank Annual...
Nestlé reports nine-month sales for 2019
Business & Money | Sunday 20 October, 2019 12:16 am
 Mark Schneider, Nestlé CEO:    “We are pleased with our nine-month results and have made further progress towards our 2020 financial goals. We continue to see good momentum in our largest market, the United States and very strong growth for Purina PetCare...
Innovating Nonstop for Faster Digitalization
Innovating Nonstop for Faster Digitalization
Friday 3 December, 2021 9:05