News Agencies Feed 

FINANCE & ECONOMY

Saudi Arabia’s NEOM signs contract with US-based Bechten
August 11, 2020

TABUK: NEOM — the company behind Saudi Arabia’s $500 billion megacity — has signed a contract with US-based Bechtel for executive project management work on the development of the primary, base infrastructure.
NEOM CEO Nadhmi Al-Nasr said: “Built from the ground up as a model of future living, NEOM will be one of the largest, most sophisticated and advanced infrastructure projects ever undertaken globally, and we are delighted to have"...

Continue Reading >

Saudi gamers fuming over local PlayStation Store’s performance
August 11, 2020

JEDDAH: Gamers have vented their anger on Twitter about the Saudi PlayStation store and its Plus services in the Kingdom for failing to meet consumers’ needs and not supplying advertised games.

New content is provided to PlayStation Plus subscribers on a monthly basis, allowing users to try new games for free according to their agreement. The annual fee is $49.99 for the Saudi store."...

Continue Reading >

KSA thought leaders and decision makers see positive social impact of COVID-19 through 2025
August 11, 2020

RIYADH — A survey commissioned by Al Aghar Group in partnership with global management consultancy Kearney, reveals that most thought leaders and decision makers in the Kingdom anticipate that COVID-19 will be a positive accelerant of the transformation already under way in the Kingdom. The survey of Saudi Arabia thought leaders and decision makers focused specifically on the social impact of the COVID-19 crisis on the Kingdom through 2025.

Work"...

Continue Reading >

CyberArk Named a Leader in Gartner 2020 Magic Quadrant for Privileged Access Management
August 10, 2020

CyberArk (NASDAQ:CYBR), today announced it was named a Leader in the Gartner 2020 Magic Quadrant for Privileged Access Management1, positioned both highest in ability to execute and furthest in completeness of vision for the second time in a row. CyberArk delivers the most comprehensive solution for protecting privileged accounts, credentials and secrets associated with humans, applications and machines across cloud and hybrid environments. As the global leader in privileged access management, CyberArk enables organizations of all sizes to reduce risk, improve operational efficiency and securely adopt modern technologies and infrastructure, including cloud, DevOps and process automation, to transform their business. “This report reinforces that the privileged access management market continues to mature with accelerated adoption,” said Marianne Budnik, CMO, CyberArk. “With privileged access management as its foundation, CyberArk’s Identity......

Continue Reading >

British Centres for Business to Represent British Lamb in the Middle East
August 10, 2020

The British Centres for Business (BCB) has been appointed as the official representative for British lamb in the Middle East, working on behalf of the UK’s Agriculture and Horticulture Development Board (AHDB). The appointment comes in response to rising demand for British lamb internationally and particularly in the Middle East. This appointment will help promote British lamb in the region through the BCB’s reach and relationship with buyers across the"...

Continue Reading >

Sharjah-based Bee’ah focuses on Saudi expansion after winning three contracts
August 10, 2020

Sharjah waste management company Bee’ah is looking to expand in Saudi Arabia, the Arab world’s biggest economy, after securing three new contracts in Madinah.

The company said on Sunday that it will provide solid waste collection and transportation services as well as the disinfection of bins across 70 per cent of the city.

It,"...

Continue Reading >

Saudi Arabia's Elm to buy Tabadul from Public Investment Fund
August 10, 2020

Saudi Arabia’s information security company Elm will acquire digital information services company Tabadul from the kingdom’s sovereign wealth fund, the Public Investment Fund.

Elm said yesterday that it will acquire all of Tabadul’s shares but did not disclose the value of the deal.

The transaction"...

Continue Reading >

Fourth Edition of the Noon Arts Award
August 9, 2020

Now being held for the fourth consecutive year, the Noon Arts Award is open for submissions. Organized by the Collage Talent Center at the Sharjah Ladies Club, this prestigious award is presented to UAE-based female artists who are working in the fields of painting, photography, and digital artworks.

Because I Can

This"...

Continue Reading >

Hikma raises annual sales outlook for top two units
August 8, 2020

Hikma Pharmaceuticals revised its annual sales outlook for two of its biggest divisions on Friday and reported higher first-half profit, as hospitals and distributors stocked up on critical medicines during the COVID-19 pandemic.
The UK-based company, which supplies many generic drugs including anaesthetics, pain medications, sedatives, neuromuscular blocking agents and anti-infectives, said core operating profit for the six months to June 30 rose 15 percent"...

Continue Reading >

Economic meltdown threatens Europe’s war on plastic waste
August 8, 2020

OUREM, Portugal: Giving a new life to plastic trash gets Carlos Bento out of bed every morning. But the coronavirus pandemic has seen revenues drop up to 40 percent at Micronipol, the large recycling facility he runs in central Portugal, and it faces an uncertain future.

Micronipol produces recycled polyethylene, the base for plastic bags and bottles. The product is piling up at its warehouses"...

Continue Reading >