While the Middle East has substantial oil and gas reserves and production, in the context of the global transactions market both current and historic levels of activity are relatively low, according to EY’s Global Oil and Gas Transactions Review 2014. In the Middle East, transaction activity in...
Kaspersky Lab has once again led the way in the Top-3 Protection rating for 2014, reflecting the enduring superiority of its products. The rating is based on the results of a series of independent evaluations of security solutions carried out throughout the past year. According to this rating,...
In its 17th annual Turbine-Powered Civil Helicopter Purchasing Outlook, Honeywell Aerospace (NYSE: HON) expects that 4,750-5,250 civilian-use helicopters will be delivered during 2015-2019. Overall, five-year demand for turbine-powered, civil helicopters remains steady versus the 2014 five-year...
Saudi Arabia has 21 women ranked in the top 100 list of the most powerful Arab women, determined by Arabian Business magazine every year for the past five years.Number one on the list is Sheikha Lubna Al-Qasimi from the United Arab Emirates (UAE) for her achievements in government. Lawyer Amal...
As Paul Hembery, Pirelli’s motorsport director, explains: “Each year, we’ve traditionally published all the numbers that tell the story of our Formula One season. Last year we faced the biggest challenge that we had experienced since entering the sport, thanks to a completely new generation...
Highlighting the attractiveness of Saudi Arabia, residents in the kingdom who responded to a Western Union survey praised the country for a variety of reasons while revealing fascinating insights into their lives in the country. Respondents to the survey commented on the peace of mind, the...
What happens in the real world happens on Twitter, and love is no exception. Messages of “I love you,” “Je t’aime,” “te amo,” or “بحبك” are sent each day on Twitter, so we looked into which countries are saying it the most.The United Arab Emirates is ranked #4 globally as...
Nissan Motor Co., Ltd. today announced improved financial results for the nine months to December 31, 2014, as solid US sales, cost efficiencies and favorable currency movements contributed to a 23.6% rise in net income to 3.2 billion US dollars.Operating profit rose to 3.9 billion US dollars for...
Organisations across the globe are setting their sights on stronger growth and, for many, technology investment is a strategic priority. Digital, analytics and big data are taking precedence as technology is changing the way businesses operate and companies are adapting their operating models to...
Saudi Arabia was among the top 40 countries investing in research and development (R&D) areas in 2014, local media said, quoting a report by Gulf Petrochemicals & Chemicals Association (GPCA).The report, based on studies carried out by a US research firm, said Saudi Arabia allocated 0.3 percent of...