Technology & IT | Wednesday 19 August, 2015 2:12 am

Periscope reach 10 million accounts

Earlier this month, we surpassed 10 million Periscope accounts. We launched Periscope just four months ago, on March 26, 2015.   We’re even more stunned by the burgeoning usage of Periscope. Here’s the graph of our Time Watched since launching. We...

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Business & Money | Wednesday 19 August, 2015 2:04 am

EY acquires leading international digital consultancy, Seren

EY has today announced its acquisition of Seren – an international digital consultancy based in the UK with a significant footprint in the MENA region. Seren is a leader in international digital design and innovation of customer service and experience, which works with leading firms across a...

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Government | Wednesday 19 August, 2015 2:02 am

Prince Khaled asks governors to fix ceiling for dowry

Makkah Emir Prince Khaled Al-Faisal, who is also adviser to Custodian of the Two Holy Mosques, has issued directives to all regional governors in the province to hold urgent meetings with tribal elders to finalize a document fixing a ceiling for dowry and discuss ways to end extravagant weddings,...

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Environment & Energy | Wednesday 19 August, 2015 1:00 am

Saudi banking system well positioned to weather lower oil prices

The Saudi banking system is well positioned to weather lower oil prices and the growth slowdown, according to the International Monetary Fund. According to a press release, IMF executive directors welcomed Saudi Arabia’s strong economic performance while noting that the large decline in oil...

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Business & Money | Wednesday 19 August, 2015 12:23 am

MANN+HUMMEL Agrees to Acquire Affinia Group

The MANN+HUMMEL Group, www.mann-hummel.com, based in Ludwigsburg, Germany, today announced that they have entered into a definitive agreement under which MANN+HUMMEL will acquire the global filtration operations (excluding its Affinia South America (“ASA”) operations) of Affinia...

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Business & Money | Wednesday 19 August, 2015 12:07 am

Seiko Instruments (SII) Releases New LDO Regulator

Seiko Instruments Inc. (SII) announced the release of the S-19311 Series automotive high input 36V LDO regulator with reset function, adopting a newly developed compact package TO-252-5S with high heat dissipation. The S-19311 can be connected directly to batteries, and the reset function allows...

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Beauty & Style | Tuesday 18 August, 2015 3:18 pm

Liali Jewellery celebrate sixteen years of cherished moments

From its humble beginning in 1999, Liali has emerged as one of the region’s finest and reputed jewellery brand. Widely recognized for their aspirational and classy designer edge on exquisite jewellery pieces of gold, diamond and pearls; Liali Jewellery is celebrating 16 years of towering...

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Business & Money | Tuesday 18 August, 2015 3:07 pm

TSYS Names Patricia Watson as CIO

TSYS (NYSE: TSS) today announced that Patricia A. Watson, a 17-year veteran of the financial services industry, has been named senior executive vice president and chief information officer (CIO) effective September 14.  “Patty is well respected throughout the financial services...

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Business & Money | Tuesday 18 August, 2015 3:03 pm

Qatar Rail extends Platinum Sponsorship to MEED’s 4th Annual Qatar Transport Forum

Qatar Railways Company (Qatar Rail) announced its participation as a Platinum Sponsor at the 4th Annual Qatar Transport Forum, which aims to focus on the sharp increase in transport project activity in Qatar over the next few years. The event will be held from the 14th to the 16th of September...

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Business & Money | Tuesday 18 August, 2015 3:00 pm

Pacific Life Re Australia Receives Regulatory Approval to Commence Writing Reinsurance Business

Pacific Life Re (Australia) Pty Limited (“Pacific Life Re Australia”) has received regulatory approval from the Australian Prudential Regulatory Authority (APRA) to commence writing life reinsurance business in Australia.  Pacific Life Re Australia is part of Pacific Life Re,...

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