A.M. Best Special Report: Stability Returns to Saudi Insurers but Growth Prospects Remain Cloudy

The Saudi insurance market appears to have finally turned the corner following a period of underwriting volatility, according to analysis by A.M. Best. A review of preliminary disclosures by national … [Read more...]

Saudi Arabian Government to Address Cyber Security at the National Level

Saudi Arabia climbed 4 spots to become the 16th biggest economy in the world in 2016, fueled by their commitment to sustainable growth through economic diversification and technological … [Read more...]

Lulu Group has opened its latest hypermarket in Hail

LuLu Group has opened its latest hypermarkets in the city of Hail, Saudi Arabia. The Hypermarket was inaugurated at a ceremony here by Dr. Saud Hamood Al Bugami, Under Secretary of Hail province along … [Read more...]

Saudi Aramco hires Moelis & Co.to advise on its IPO

Saudi Aramco picked Moelis & Co. to advise on its initial public offering, according to people familiar with the matter. The New York-based boutique investment bank had been shortlisted along … [Read more...]

ORYX GTL opens nominations for esteemed post-graduate student awards in Qatar

Nominations are open for The 4th ORYX GTL Student Awards for the Advancement of Post-Graduate Education in Qatar, which recognize outstanding Masters and PhD students in the energy field who are … [Read more...]

New Porsche Panamera range launched

A sports car and luxury saloon in one, the new Panamera launch phase has officially begun. Porsche Centre Dubai and Northern Emirates, Al Nabooda Automobiles, marked the introduction of the latest … [Read more...]

President Xi Jinping: don’t blame economic globalization for the world’s problems

Chinese President Xi Jinping delivered a robust defence of globalization to business, government and civil society leaders in the opening plenary session of the 47th World Economic Forum Annual … [Read more...]

King Faisal International Prize 2017 Awarded across five categories in Saudi Arabia

The King Faisal Foundation, an international philanthropic organization based in Saudi Arabia since 1976 with the mission of preserving and perpetuating the legacy of King Faisal bin Abdulaziz Al … [Read more...]

GIQ Industry Survey: Oil to Average in the $50s/bl in 2017

The average Brent oil price will be in the $50s/bl this year, according to 49% of respondents to a GIQ Industry Survey of 250 energy national and international industry professionals. Comparatively, … [Read more...]

Innovation at CES 2017 transcends industries and spurs Emerging Markets

he latest emerging innovation across every major industry takes center stage this week at CES® 2017, with product launches that propel global markets from automotive, sports and fitness, software, … [Read more...]

How tech is making our day-to-day routines a whole lot easier

Technology on display at CES 2017 is making our homes smarter and safer, keep families connected, offer improved learning and entertainment solutions for kids and adults, and give busy moms and dads … [Read more...]

Promoting peace in Muslim societies forum sets theme for third edition

Organisers have announced that this year’s two-day conference will be centralised around the notion of nation state and its relationship with Islam’s ontological principles that aim to sustain peace. … [Read more...]

United Nations framework convention on Climate Change

Negotiated during COP21, the importance of the Paris Agreement was recognized by all of 195 member states. Roughly a year later it is now legislated and is considered an international law. Now after … [Read more...]

BMW Group sales continue to grow through October

Sales of BMW Group vehicles were higher than ever before in October, with total sales of 196,002 units, an increase of 2.3% on the same month last year. This result brings the year-to-date sales total … [Read more...]

Saudi Arabia’s labour minister replaced

King Salman bin Abdulaziz has replaced Saudi Arabia’s labour minister, in accordance to a royal decree read on state television. In addition to it, the king restructured the country’s top religious … [Read more...]

Saudi Aramco: large IPO announced in 2018

The oil giant Saudi Aramco announced going public with the release of IPO in 2018. Despite the drop of oil prices in the last two years, the CEO Amin Nasser is optimistic: "The market has started to … [Read more...]

For Responsive and Responsible Leadership, Get Back to the Basics

Leaders are losing people’s confidence because they are lacking in values and motivated by personal goals and not by the common good, said business, government and civil society experts in a session … [Read more...]

Saudi Arabia bags 4 awards at Gulf Film Festival

Saudi filmmakers bagged 4 awards in different categories, entering with total of 5 films. The films were: 'Basta' (Street Stall), a short feature film by Hind Al-Fahied, won the third place ; … [Read more...]

Davos Calling: Competition Launched to Tackle Income Inequality

The World Economic Forum, in partnership with Canada’s International Development Research Centre (IDRC) and the World Bank, is launching a competition to crowdsource sustainable and scalable solutions … [Read more...]

Porsche returns for 6 Hours of Bahrain as World Champion

FIA World Endurance Championship final round set for November 19 at Bahrain International Circuit Porsche returns for 6 Hours of Bahrain as World Champion Porsche is set to showcase its racing … [Read more...]