EconomyLoop
where regional business news becomes global to everyone

Tigo & SMA Join Forces to Bring a Rapid Shutdown Solution to Market Supporting SunSpec Specifications

Tigo, pioneer of the smart modular Flex MLPE platform, and SMA, global market leader for solar inverters, have joined forces to deliver total compliance with the newly released SunSpec Alliance specifications regarding Rapid Shutdown adoption for PV ... read more

 Saudi Daily Record39 days ago

     
Emirates Rehab Centre brings US-based Barlow Respiratory Hospital's expertise to Dubai

Emirates Rehab and Homecare, an advanced and comprehensive rehabilitation centre under Emirates Hospitals Group, has signed an agreement with Los Angeles-headquartered Barlow Respiratory Hospital (Barlow) to provide the highest quality respiratory re... read more

 Saudi Daily Record39 days ago
Tanker Conference Tackles Cybercrime Issues

Cybercrime is a matter of growing international concern within the tanker shipping sector and The Maritime Standard has responded by making this a key topic for this year's event. Trevor Pereira, managing director, says, "We have received phenomenal ... read more

 Saudi Daily Record39 days ago
Interactive Brokers Plans to Join the Tel Aviv Stock Exchange as a Remote Member

(AETOS Wire)-- Interactive Brokers Group, Inc. (NASDAQ GS:IBKR), an automated global electronic broker that serves more than 449,000 clients worldwide and operates on more than 120 exchanges, announced today that it plans to join the Tel Aviv Stock E... read more

 Saudi Daily Record39 days ago
AWOK.com launches its services in the KSA

AWOK.com, UAE's largest e-commerce player has now ventured into the KSA region. This is in line with the company's vision of expanding its operations across the GCC. Customers in the KSA region will now be able to purchase from around 50,000 products... read more

 Saudi Daily Record39 days ago
SES Opens New Era in Global Connectivity with O3b mPOWER

SES announced today the beginning of a new era in global cloud-scale connectivity and high power data services with the launch of O3b mPOWER, a revolutionary and powerful networks system that will deliver efficient high-performance network communicat... read more

 Saudi Daily Record39 days ago
Philip Morris International Announces First Round of Projects to Be Funded Through PMI IMPACT, a USD 100 Million Global Initiative to Fight Illegal Trade

( AETOS Wire ) -- Philip Morris International Inc. ("PMI”) (NYSE / Euronext Paris: PM) announced today 32 projects selected in the first funding round of PMI IMPACT, a global initiative to support organizations in developing and implementing pr... read more

 Saudi Daily Record40 days ago
More Cities in the Democratic Republic of the Congo to Get Satellite-Enabled High-Speed Connectivity with SES Networks and Gilat Telecom

( AETOS Wire )-- SES Networks' longtime customer in the Democratic Republic of the Congo (DRC), Gilat Telecom, has expanded the satellite capacity under contract with SES Networks in the country, now topping more than 3.0 Gbps.... read more

 Saudi Daily Record40 days ago
Rockwell Automation Announces CEO Blake Moret to become Chairman

( AETOS Wire )-- Rockwell Automation, Inc. (NYSE:ROK) today announced that its Board of Directors has elected President and Chief Executive Officer Blake D. Moret as Chairman of the Board effective January 1, 2018. Moret, 54, succeeds Keith D. Nosbus... read more

 Saudi Daily Record40 days ago
Superior Uniform Group Switches to Rimini Street Support for Its SAP Platform

( AETOS Wire )-- Rimini Street, Inc., a global provider of enterprise software products and services, and the leading independent support provider for Oracle and SAP software products, today announced that Superior Uniform Group (NASDAQ: SGC), one of... read more

 Saudi Daily Record40 days ago
GTreasury Opens London Office to Support EMEA Expansion

(AETOS Wire)-- GTreasury announced today the opening of their West End, London office at 1 Neal Street. This move gives GTreasury both an expanded presence in Europe for the servicing of its new and existing treasury management customers and a founda... read more

 Saudi Daily Record40 days ago
Luxury, Performance and the Latest World Premier Concept Car - Where GCC Driving Enthusiasts Need to Be

Where do you go to see the most innovative cars about to be launched into the GCC? The International Motor Show (IAA) in Frankfurt/Main, September 14-24, 2017. At IAA visitors from the GCC will get to experience hands-on the most anticipated automoti... read more

 Saudi Daily Record40 days ago
GSMA Highlights US$1.8 Trillion IoT Revenue Opportunity for Mobile Network Operators

The GSMA today announced that mobile network operators are set to benefit from an estimated US$1.8 trillion Internet of Things (IoT) revenue opportunity by 2026 boosted by the early deployment of commercial Low Power Wide Area Networks in licensed sp... read more

 Saudi Daily Record44 days ago
Asseco SEE Announces Leasing Software LeaseFlex Deployment with Egyptian Global Lease Company

Asseco SEE (ASEE), part of Asseco Group, 6th largest software vendor in Europe, announced today the first phase of the deployment of its leasing software solution LeaseFlex at Global Leasing Company (GLC), a pioneer in leasing solutions in Egypt. The... read more

 Saudi Daily Record44 days ago
OpenGate Capital Acquires Hufcor, Inc.

OpenGate Capital, a global private equity firm, announced today that it has acquired Hufcor, Inc. ("Hufcor”), the world leader in the design, manufacturing and installation of movable partitions and flexible space management solutions. Terms of... read more

 Saudi Daily Record44 days ago
Iran looking to improve ties with Saudi Arabia

While Tehran-Riyadh ties are at their worst in years, the recent remarks by Iranian Foreign Minister Mohammad Javad Zarif signal Tehran's intention to improve relations with the regional rival, though Riyadh steel appears reluctant.... read more

 Saudi Daily Record44 days ago
How Saudi Arabia Is Laying the Foundation for Improved Relations With Iraq

The Iraq-Saudi Arabia relationship, while historically rocky, appears to be on the mend.... read more

 Saudi Daily Record44 days ago
MWL forum highlights moderate approach of Islam

A number of muftis of Arab and Islamic countries and key Islamic figures in the world, and guests of the Muslim World League (MWL) for the current Hajj season have lauded King Salman's efforts in serving and defending Islamic causes. They also apprec... read more

 Saudi Daily Record44 days ago
Adahi delivers sacrificial meat to 30m needy people in 27 countries

Adahi is a Saudi Arabian project to distribute Hajj meat to over 30 million people in 27 different countries in Asia and Africa. During previous Hajj seasons, people used to freeze and ship the excess meat from lamb sacrifices to their countries. The... read more

 Saudi Daily Record44 days ago
Madinah sees sales boom during Hajj season

Madinah experiences a sales boom during the Hajj season, due to the greater number of shoppers, especially pilgrims. Textiles, ready-made garments, gold, silver, jewelry and electronics are the most popular items. "There are many types of gold, inclu... read more

 Saudi Daily Record44 days ago
Saudi Labor Ministry: Number of women working in retail reaches 200,000

... read more

 Saudi Daily Record44 days ago
Al-Mashaer Train transports over 2m pilgrims: PTA

The number of pilgrims who used the Al-Mashaer Train during this year's Haj totaled 2,041,000, Saudi Press Agency (SPA) reported quoting the Vice President of the Public Transport Authority (PTA) Muhammad Fahd Al-Shibrimi as saying Wednesday. The pi... read more

 Saudi Daily Record44 days ago
World Cup victory: STC announces free call offers for two days

The Saudi Telecom Company (STC) announced two-day free call offers inside and outside its network on the occasion of the Saudi National Team's qualification to 2018 World Cup finals in Russia. Dr. Khaled H. Biyari, CEO of STC Group, announced that S... read more

 Saudi Daily Record44 days ago
Saudi Haj managers impress global crowd control experts

Crowd management is not an easy task. Governments and security forces across the world find it difficult to manage huge crowds of people at festivals and sports events. It has become a complete science that demands security and logistical support and... read more

 Saudi Daily Record44 days ago
Recovery of non-oil economy in UAE and Saudi Arabia gains momentum

The pace of recovery in non-oil sectors of the UAE and Saudi Arabia, the two largest economies in the Arab world, is gaining a foothold as output increases and exports climb.... read more

 Saudi Daily Record44 days ago
Andersen Global Appoints Leonardo Mesquita Regional Managing Director for Latin America

Andersen Global announces Leonardo Mesquita as its Regional Managing Director for Latin America. Leonardo is currently the Managing Partner for Andersen Tax in Brazil. With this additional role, he will also be focusing on specific strategies to supp... read more

 Saudi Daily Record45 days ago
GSMA Announces First Speakers for Mobile 360 Series – Middle East and North Africa

The GSMA today announced the first speakers for its Mobile 360 Series – Middle East and North Africa (MENA) conference taking place 9-10 October in Dubai, United Arab Emirates. The two-day event, which is now in its fifth year, will bring toget... read more

 Saudi Daily Record45 days ago
Edwards Launches New Air Cooled Dry Pump Range Ideal for Scientific Instruments

Edwards is launching the new air cooled nXLi dry vacuum pump range, ideal for applications where consistent performance, reliability and control are required. The nXLi provides a small footprint with quiet operation, making it a convenient and high p... read more

 Saudi Daily Record45 days ago
YKK to Release Short Animation ''FASTENING DAYS 3,'' the Third Video in the ''FASTENING DAYS'' Trilogy, Which Have Garnered 13 Million Views Online. The Trilogy, Featuring the 3 Members of Perfume Doing the Voiceovers, Will Be Released over 3 Consec

YKK branded content spreads the idea "Little Parts. Big Difference” around the world.... read more

 Saudi Daily Record45 days ago
TCL Wins Prestigious 2017 IFA Product Technical Innovation Awards

TCL, one of the largest consumer electronics companies in the world, has been honored by International Data Group (IDG) and German Industry & Commerce Ltd (GIC) with the "Quantum Dot Technology Gold Award”(TV XESS/85 X6), a 2017 IFA Product Tec... read more

 Saudi Daily Record45 days ago
Saudi teen promotes passion for cycling outdoors

Nadima Abulaynain, 18, is setting the scene for women who are keen to cycle the streets of Jeddah. "I've liked riding a bicycle since I was a child,” the high school student told Arab News. "Why not spread interest in the activity and help othe... read more

 Saudi Daily Record45 days ago
30 million cubic meters of water consumed during Haj

About 30 million cubic meters of water were consumed in Makkah and the holy sites during the Haj, according to Minister of Environment, Water and Agriculture Abdul Rahman Al-Fadli.... read more

 Saudi Daily Record45 days ago
Saudi Red Crescent executes its plans to a T

The Saudi Red Crescent Authority in Madinah is implementing its operational plan for the second Haj season this year to provide the best of services to the pilgrims after performing pilgrimage in Makkah and the holy sites.... read more

 Saudi Daily Record45 days ago
Information Ministry event honors media and cultural delegations

The Ministry of Culture and Information here on Monday held the annual ceremony to honor the media and cultural delegations participating in the coverage of the Haj season this year, 1438H, in the presence of Minister of Culture and Information Dr. A... read more

 Saudi Daily Record45 days ago
OIC's science summit a historical first

The Organization of Islamic Cooperation (OIC) will hold its first science and technology summit at the level of heads of state and government in Astana, Kazakhstan, on Sept. 10-11.... read more

 Saudi Daily Record45 days ago
Saudi Aramco IPO: Hong Kong stock market boss says ''the talk will never stop'' in pursuit of lucrative listing

Hong Kong Exchanges & Clearing (HKEX) has not given up hope of wooing oil giant Saudi Aramco to list on its bourse.... read more

 Saudi Daily Record45 days ago
Saudi, Kuwait remain firm, other markets drop

GCC markets witnessed mixed performance during August-17 due to factors specific to each market along with the normal seasonal profit booking before the Eid holidays. Saudi Arabia and Kuwait witnessed positive returns during the month primarily on th... read more

 Saudi Daily Record45 days ago
Kuwait hands head of new Al-Jazeera channel to Saudi Arabia

Kuwait has handed over the Chairman of the new Al-Jazeera Al-Arabiya channel to the Saudi Arabian authorities, Al-Rai newspaper has reported. Fayez Bin Damkh is a Saudi citizen.... read more

 Saudi Daily Record45 days ago
Kratos Announces $46 Million Single Award Training Contract To Support Royal Saudi Naval Forces

Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it received a Foreign Military Sales (FMS) sole-source, three-year, single award indefinite delivery indefinite quantity (ID... read more

 Saudi Daily Record45 days ago
Morrow Sodali Strenghtens Its Global Activism and Contested Situations Team with the Appointment of Charles A. Koons

Morrow Sodali today announced that Charles A. Koons has joined the firm as Managing Director of its Activism and Contested Situations Advisory Group. Charlie will provide strategic counsel to clients on a variety of shareholder-related issues, with p... read more

 Saudi Daily Record45 days ago
Julphar names Laurent de Chazeaux as Acting CFO

Julphar Gulf Pharmaceutical Industries has announced today the appointment of the company's Associate Director Finance, Laurent de Chazeaux, as Acting Chief Financial Officer – effective immediately. Laurent replaces Jerome Carle, who has been ... read more

 Saudi Daily Record46 days ago
Panasonic to Showcase Future Lifestyles at IFA 2017

Panasonic will exhibit its latest products and technologies at Internationale Funkausstellung Berlin (IFA) 2017 to be held in Berlin, Germany, from September 1 to 6, 2017.... read more

 Saudi Daily Record46 days ago
Hajj metro operated smoothly this year, says transport chief

The "Hajj metro” train service between the holy sites operated smoothly this year, according to Public Transport Authority (PTA) President Rumaih Al-Rumaih. The Al-Mashaaer Al-Mugaddassah Metro, as the transport service is known, successfully t... read more

 Saudi Daily Record46 days ago
Demolition, cleaning work in Al-Masoura district complete

The Eastern Province governorate has completed demolition, removal and cleaning work in Al-Masoura district, in preparation for a development project that is due to be finished in two years. The general director of public relations and media spokesma... read more

 Saudi Daily Record46 days ago
MERS claims 2; 3 new cases recorded this week after lull

A 36-year-old Saudi man died of the virus in Buraidah, while the new case, a 21-year-old Saudi female, was diagnosed with MERS in Dawmat Al-Jandal; her condition is stable. A 69-year-old expatriate man died of MERS in Jeddah on Thursday, said the min... read more

 Saudi Daily Record46 days ago
Abercrombie & Fitch Co. to open first store in Saudi Arabia

Abercrombie & Fitch Co. is set to open its first store in Saudi Arabia in September as part of its franchise and joint venture agreement with leading retailer Majid Al Futtaim.... read more

 Saudi Daily Record46 days ago
Saudi Arabia Issues Final VAT Implementing Regulations: Details

Following the issue of the final VAT law on July 28, 2017, Saudi Arabia has published its final VAT implementing regulations, said Al Tamimi & Company, a leading law firm in the Middle East.... read more

 Saudi Daily Record46 days ago
Saudi Arabia Doubles US Corn Imports in 2017: Report

Saudi Arabia has nearly doubled its purchases of US corn this year due to a combination of favorable government policy shifts, competitive prices and market development work by the US Grains Council (USGC), US Grains Council said on Friday.... read more

 Saudi Daily Record46 days ago
Belarusian R&D to go on display in Saudi Arabia

Belarus' R&D solutions will go on display in the King Abdulaziz City for Science and Technology (KACST) in Riyadh, Saudi Arabia on 23-24 October, BelTA has learned from the website of the National Academy of Sciences of Belarus. With an area of 300m&... read more

 Saudi Daily Record46 days ago
Saudi Arabia seeks Islamic tourism boost

Pilgrimage is the backbone of a plan to expand tourism under Crown Prince Mohammed bin Salman's economic reform programme, announced a year ago to diversify the economy away from oil.... read more

 Saudi Daily Record46 days ago