Business & Money | Friday 21 August, 2020 9:00 am

E-payment compulsory from Aug. 25; 30% reward for whistleblowers

Okaz/Saudi Gazette Abdulrahman Al-Hussein, spokesman of the Ministry of Commerce, said that teams from the Ministry of Commerce and Ministry of Municipal and Rural Affairs detected 82 violations during their raids carried out on 3,500 commercial establishments during the last three weeks.It...

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Cars & Autos | Friday 21 August, 2020 3:24 am

Geely Automobile Holdings Announced lnterim Results for the First Half of 2020

Geely Automobile Holdings Limited (Group) (HK.0175), the Hong Kong-listed subsidiary of Geely Auto Group, released its interim results for the first half of 2020. During the period the Group’s revenue (excluding the revenue of the Group’s 50% owned joint venture, namely Lynk & Co joint...

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Healthcare | Friday 21 August, 2020 3:10 am

KSA on Emerging Markets List for Digital Diagnostics Following Landmark Healthcare Autonomous AI Acquisition of 3Derm Systems, Inc.

The Kingdom of Saudi Arabia (KSA) has been dubbed a key “emerging market” for autonomous AI healthcare solutions by Digital Diagnostics Inc., a pioneering global healthcare autonomous artificial intelligence (AI) company, formerly known as IDx, which has acquired 3Derm Systems Inc. of Boston,...

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Technology & IT | Friday 21 August, 2020 1:49 am

LG Invites Consumers Around The World To Ifa 2020 Online

LG Electronics (LG) is sharing its vision for the home of the future at IFA 2020, taking place virtually for the first time in its 96 year history.   Under the banner Life’s Good from Home, LG’s online exhibition booth will allow visitors to explore the company’s latest...

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Business & Money | Thursday 20 August, 2020 2:00 pm

Ithra Launches the Tanween Challenges

The King Abdulaziz Center for World Culture (Ithra) is pleased to announce the Tanween Challenges, a set of creativity and innovation challenges that will be featured during this fall’s Tanween Season. The Challenges encourage participants to think creatively while working with industry experts...

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Technology & IT | Thursday 20 August, 2020 12:20 pm

COVID-19: MBZUAI expert discusses the role of AI in predicting and fighting pandemics

During this month’s MBZUAI Talks session – hosted by Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), the world’s first graduate-level, research-based artificial intelligence (AI) university – Dr. Mohammad Yaqub, Assistant Professor at MBZUAI and research fellow at the...

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Business & Money | Thursday 20 August, 2020 12:15 pm

Arqaam Capital Maintains Buy on Saudi Re and Increases Target Price of SAR to SR 14.7

Arqaam Capital maintained its Buy recommendation on the Saudi Reinsurance Company "Saudi Re" share and increased the target price from SAR 11 to SAR 14.7 per share.    "Arqaam Capital" highlighted that the sole Saudi reinsurer is positioned to benefit from growth opportunities...

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Environment & Energy | Thursday 20 August, 2020 10:00 am

OPEC+ reiterates importance of attaining full conformity for market stability

Energy Minister Prince Abdulaziz Bin Salman, who chaired the 21st Joint Ministerial Monitoring Committee (JMMC) meeting via videoconference here, urged the Organization of Petroleum Exporting Countries (OPEC) members and allies to boost compliance with oil output cuts aimed at supporting...

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Technology & IT | Thursday 20 August, 2020 5:16 am

Paving the way for fossil-free commercial heavy transport

Ericsson has joined The Pathways Coalition, a group of innovative companies representing the infrastructure, utilities, transportation and retail sectors, with the ambition to accelerate decarbonisation of heavy transport and reach the objective of zero CO2 emissions latest by year 2050 or earlier, ...

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Technology & IT | Thursday 20 August, 2020 4:06 am

Apple becomes 1st US company to hit $2 trillion in market value

Apple is the first U.S. company to boast a market value of $2 trillion, just two years after it became the first to reach $1 trillion.Apple shares have gained nearly 60% this year as the company overcame the shutdown of factories in China that produce the iPhone and the closure of its retail sales...

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