Saudi Arabia’s asset management industry resilient, cautiously optimistic in 2021

قطاع إدارة الأصول بالمملكة يستقبل عام 2021 بمرونة وتفاؤل حذر

KPMG: Saudi Arabia’s asset management industry resilient, cautiously optimistic in 2021   KPMG, the leading provider of audit, tax and advisory services in Saudi Arabia, published its first edition of the Asset management review, analyzing the industry’s financial performance through the lens of twelve large asset management firms regulated by the Capital Market Authority (CMA). The report details the dynamic shift in investment strategies and business plans amid COVID-19 crisis and how varied investor behaviors have evolved in recent times. The asset management industry in Saudi Arabia reported favorable results…

NNTC Brings Together Experts to Discuss Occupational Health and Safety in Industry 4.0

تجمع “إن إن تي سي” الخبراء معًا لمناقشة جوانب الصحة والسلامة

Speakers share how digital tools can enhance industrial safety, and boost business productivity and profitability NNTC, a UAE-based software developer and solutions provider, in collaboration with IT company NGN International and networking platform Digital Leader, recently held an online meet-up to discuss ‘Occupational Health and Safety in Industry 4.0’. Experts attending the virtual event shared how high-profile businesses create and ensure a safe working environment for their employees, as well as strategies to leverage virtual reality (VR), Internet of Things (IoT), and machine vision to tackle the challenges impeding a…

Cognite Partners with Accel to Transform Industry and Define New Industrial Software Category

Cognite Partners with Accel to Transform Industry and Define New Industrial Software Category

OSLO, Norway–(BUSINESS WIRE/AETOSWire)— Cognite, a global leader in industrial software innovation, announced today that it has signed a partnership agreement with leading global venture capital firm Accel. Coupled with Accel’s broad network and expertise in successfully scaling software companies, the partnership enables Cognite to accelerate its global growth initiatives across industrial verticals, expand go-to-market activities and product development. As part of the agreement, Accel is gaining a seat on Cognite’s Board of Directors. “Cognite has proven that they are a game changer in industrial software innovation,” said Matthew Weigand, Partner…

Saudi Arabia’s Most Influential ICT Leaders Gather Online for Virtual IDC CIO Summit

Saudi Arabia’s Most Influential ICT Leaders Gather Online for Virtual IDC CIO Summit

Riyadh, Saudi Arabia, International Data Corporation (IDC) last week hosted more than 200 senior ICT leaders on its industry-leading virtual platform for the 10th annual edition of its IDC Saudi Arabia CIO Summit. With more than 30 pioneering ICT organizations taking part, the event showcased exclusive insights from Eng. Ali Al Asiri, CEO of Yesser, Saudi Arabia’s e-Government Program, the event’s Strategic Partner, and Eng. Faisal Ahmed Bakhashwain, Deputy Minister of Digital Transformation within the Kingdom’s Ministry of Human Resource and Social Development, the event’s Government Partner. “The IDC Saudi Arabia…

MEA Energy Week virtual conference reveals 10 priorities for successful energy transformation pathway

Siemens Energy MEA Energy Week virtual conference reveals 10 priorities

Ten key priorities for successful long-term energy transformation Decarbonized energy systems build more sustainable, inclusive, and resilient economies More than 2,500 people joined the virtual conference Siemens Energy today published the main priorities to enable facilitate a successful long-term energy transition and enable countries to thrive in the lower-carbon world. These findings were based on the discussions held during the MEA Energy Week. The virtual conference, which was held from 19 – 21 October, brought together regional government and the private sector representatives, from across the energy and finance sectors,…

The UAE construction industry is expected to grow by  3.8 percent in 2021, according to Linesight’s latest market research

نمو قطاع البناء في الإمارات بنسبة 3.8% عام 2021

Linesight findings reveal the impact of COVID-19 on the UAE’s real estate industry to be relatively short lived, with modest growth expected in 2021 Saudi Arabia’s construction industry expected to be buoyed by significant funds invested in the tourism industry as part of Saudi Vision 2030  Leading international construction consultancy, Linesight, has released its latest Middle East construction industry findings, underlining the impact of COVID-19 on the sector in the UAE, Saudi Arabia, Bahrain, and Kuwait. As part of the company’s Knowledge Centre, the findings highlighted ongoing economic volatility however,…

Cloudia Brings Next-generation Procure-to-Pay Solution to Middle East and Africa

DUBAI, United Arab Emirates– (BUSINESS WIRE/AETOSWire)-– Finnish eProcurement service provider Cloudia today announced an exclusive agreement with BuyerQuest to add their Procure-to-Pay (P2P) solution to the Cloudia product portfolio in the Middle East and Africa regions. Described as a next-generation Amazon-style solution, bringing the B2C eCommerce shopping experience to B2B Enterprise Procurement, BuyerQuest’s big selling point is user-friendliness. The company’s usability has been ranked number one by Gartner in peer assessment surveys across the industry. These kinds of endorsements have attracted big-name global brands to BuyerQuest’s list of clientele, among…