Business & Money | Monday 13 January, 2020 3:29 am

EY: 23% of wealth management clients in the Middle East are looking to switch providers over the next three years

According to an EY global survey, 23% of wealth management clients in the Middle East are planning to move assets in the next three years, with 50% of clients having already moved their assets in the past three years.   The EY global survey results showed that in comparison to clients in ...

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Technology & IT | Sunday 12 January, 2020 1:54 pm

Ericsson ConsumerLab: Ten Hot Consumer Trends 2030 – The Internet of Senses

Consumers expect an array of beneficial services from connected technology interacting with our senses of sight, sound, taste, smell and touch to be a common reality by 2030.  The consumer predictions about the Internet of Senses are among the expectations highlighted in the ninth edition ...

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Business & Money | Tuesday 7 January, 2020 3:05 pm

KPMG: Saudi Arabia’s new sugary drinks tax won’t impact businesses, investments in long term

The imposition of 50% excise tax on Sugar Sweetened Beverages (SSBs) is one of the most far-reaching expansions of excise taxes to date in Saudi Arabia and will only have a short-term impact on the FMCG supply chain including manufacturers, wholesalers, retailers and the hospitality industry,...

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Business & Money | Sunday 29 December, 2019 3:00 am

"Nashar" renews the presence of Saudi women in the list of Forbes 100 Most Powerful Women for the second year in a row

In a new achievement for Saudi women, Forbes, the American magazine, once again selected "Rania Mahmoud Nashar" CEO of Samba Financial Group, the first Saudi woman to lead a banking group in Saudi Arabia, to maintain her position in the list of Forbes 100 Most Powerful Women for the year...

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Healthcare | Wednesday 25 December, 2019 2:54 pm

KPMG: Saudi Arabia gears up to create world-class primary healthcare system

New model of care programs, the goal of implementing accountable care organizations and other governmental reforms to achieve its Vision 2030 are helping to create an ideal enabling environment to develop a world-class primary care system in Saudi Arabia, KPMG Al Fozan & Partners said in...

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Tourism & Hospitality | Saturday 21 December, 2019 2:36 am

Chinese visitors to GCC will increase 54% by 2023, says latest ATM report

The number of Chinese tourists travelling to the GCC is expected to increase 54% from 1.4 million in 2018 to 2.2 million in 2023, growing at a Compound Annual Growth Rate (CAGR) of 4.8%, according to data published ahead of Arabian Travel Market (ATM) 2020. As destinations from across the...

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Business & Money | Friday 20 December, 2019 10:07 am

Saudi Arabia Jumps 72 Global Positions in Trading Across Borders Ranking, World Bank Reports

Saudi Arabia has been ranked as the world’s top ease of doing business improver by the World Bank Group’s Doing Business 2020 report. The report indicates Saudi Arabia to have jumped 72 global positions in “Trading Across Borders”, an indicator which compares the time and...

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Business & Money | Tuesday 17 December, 2019 1:39 pm

LinkedIn’s 2020 Emerging Jobs Report Ranks Cyber Security Specialist as Saudi Arabia’s Fastest-growing Profession

LinkedIn, the world’s largest professional network, today debuted a Saudi-focused chapter of its annual Emerging Jobs Report that reveals a major shift towards tech-oriented professions in Saudi Arabia. Cyber security specialist, digital specialist, full-stack engineer, and digital marketing...

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Business & Money | Thursday 12 December, 2019 12:41 pm

Cooper Fitch unveils UAE and KSA salary expectations for 2020

The United Arab Emirates’ (UAE) job market is headed for a much-needed job stability boost in 2020 following a spate of restructurings and mergers that have jolted workforce hirings and compensation. But while this is a positive attribute, salaries are largely expected to remain broadly...

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Business & Money | Thursday 5 December, 2019 10:16 am

Value of Awarded Contracts Reach SR47.8 Billion in Q3 2019

The value of awarded contracts reached SAR47.8 billion ($12.7 billion) during Q3’19 as the level of construction activities continue at an accelerated rate thus far in 2019, revealed a report by the U.S.-Saudi Arabian Business Council (USSABC).    While the value of awarded...

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