As news reports are abuzz with cyber criminals having reportedly succeeded in stealing USD1 billion from over 100 banks globally within a span of two years, the Market Forecasts and Analysis Report (2014-2019) by MarketsandMarkets predicts that the global cybersecurity industry will be worth...
he world looks to the Saudi gold market as it is the fourth-largest market in the world in terms of gold consumption, and the first in the Arab region. It accounts for a third of the demand in the Middle East, and the main engine behind the rest of the GCC markets. In Qatar alone, Saudi Arabia's...
The King Abdulaziz University in Jeddah on Wednesday hosted its 44th convocation to celebrate the success of its outgoing graduating batch.Excitement and anticipation filled the air in the vast stadium hall in late evening as graduates, proud parents and University officials gathered in the stadium ...
Makkah Gov. and Chairman of the Central Haj Committee Prince Khaled Al-Faisal stressed the need to ensure all projects in Makkah are designed to display an Arab and Islamic identity.During a meeting in Jeddah on Thursday with members of the Higher Supervisory Committee of the Custodian of the Two...
The UAE-based Indian business tycoon B. R. Shetty plans to open 150 branches of UAE Exchange across Saudi Arabia as part of his efforts to expand his operations in the Kingdom.Speaking to Arab News, Shetty said his group has taken over the majority shares in the London-based foreign exchange giant...
Shoura Council members have lambasted the Ministry of Education (formerly Ministry of Higher Education) for not doing enough research, vacant teaching positions, and inability to help students find jobs. Fahad bin Juma’ said universities do not have research capacity, while Firdous Al-Saleh said...
Bahrain’s economy is holding up in the face of low oil prices as policymakers bank on infrastructure spending and the private sector to offset shrinking energy sector revenues, officials and businessmen said this week.Bahrain is among the financially weakest of the Gulf oil exporters, lacking the ...
Apple has sent invitations for a mystery event due to take place March 9, amid speculation about an imminent launch of its much anticipated Apple Watch.The invitation simply said “Spring Forward,” referring to the fact that clocks will spring forward one hour in the US the day before for...
Samsung Electronics Co., Ltd., participated at The 16th Saudi International Weddings Fair 2015 which kicked off February 23rd at the Hilton Jeddah Hotel under the auspices of her Royal Highness Princess Mudhi bint Nasser bin Abdul Aziz Al Saud. Samsung showcased its innovative solutions for the...
Procter & Gamble (P&G) came first in four coveted product innovation awards at the recently held Product of the Year Gulf 2015 awards. The Product of the Year awards, which are selected by an independent consumer survey of consumers in the Gulf, guide consumers to the best products in their market...