Wednesday March 29, 2023 / 07 , Ramadan , 1444
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Saudi National Bank (SNB) has appointed Saeed Mohammed Al-Ghamdi as its new chairman.
Saeed Al-Ghamdi appointed as new SNB Chairman
RIYADH — Saudi National Bank (SNB) has appointed Saeed Mohammed Al-Ghamdi as its new chairman.Former Bank Chairman Ammar Al-Khudairy resigned on Monday “due to personal reasons,” the bank said.Talal Ahmed Al-Khereiji will serve now as the new SNB acting CEO, according to a SNB statement to the Saudi Stock Exchange (Tadawul).SNB said that the new changes will be effective from March 27. — SG
March 27, 2023

Saeed Al-Ghamdi appointed as new SNB Chairman

CST issues Saudi Internet Report showing traffic increase to 35 million terabytes
The Communications, Space, and Technology Commission (CST), a government entity established to lead and grow the Kingdom’s telecoms, space, and IT sectors, has published the Saudi Internet Report 2022, an account of the most accurate statistics on internet usage in the Kingdom.Covering the development of IT infrastructure, the report aims to enhance digital services in the public and private sectors, attract technical investments, and contribute to a thriving digital economy. Tracking daily internet usage across gender, age, and region, the report shows a growth in internet usage, with 49.4% of internet users spending 7 hours or more online each day, with some of the heaviest traffic occurring on Saturday.It also includes data on the Kingdom's growing internet penetration,...
March 27, 2023

CST issues Saudi Internet Report showing traffic increase to 35 million terabytes

Dallah Hospital Namar provides integrated health care for ENT patients
Dallah Hospital Namar in Riyadh is one of the most prominent Dallah hospitals for health services, as the hospital puts the needs of its patients in all social layers at the forefront of its priorities, as it works on a patient-centered approach, with a commitment to providing medical services in an effective manner, in order to live up to the aspirations of the patient and society in general.Dallah Hospital Namar is characterized by its inclusion of a group of medical cadres specialized in various fields of medicine, who are keen to provide health care services, in addition to the fact that the clinics and departments of the hospital are equipped with the latest high-tech medical devices, which provides integrated medical care for all patients.The hospital works hard to provide its...
March 27, 2023

Dallah Hospital Namar provides integrated health care for ENT patients

The failure of SVB earlier this month triggered fears about the stability of other lenders
Collapsed US lender SVB bought by rival
NEW YORK — The assets and loans of collapsed US lender Silicon Valley Bank (SVB) are being bought by rival First Citizens BancShares.The failure of SVB earlier this month triggered fears about the stability of other lenders, sparking sharp falls in bank shares around the world.In Europe, worries over the strength of Swiss banking giant Credit Suisse led to a rushed takeover by rival UBS.Markets have remained nervous, although bank shares opened higher on Monday.Shares Germany's Deutsche Bank fell by 14% at one point on Friday, before recovering some ground. As trading began on Monday they rose by about 3%.SVB was seized by US regulators earlier this month after a run on the bank, and its collapse was swiftly followed by the failure of another US bank Signature Bank.The demise of the...
March 27, 2023

Collapsed US lender SVB bought by rival

Zahra Breast Cancer Association renews MoU with Houston Methodist to achieve its strategic goals
Zahra Breast Cancer Association and Houston Methodist renewed their three-year memorandum of understanding that builds on a strategic partnership aimed at supporting cancer awareness campaigns and conducting symposia.Houston Methodist will provide educational content to increase awareness for early detection of breast cancer, partner with Zahra to host both social and scientific events, and participate in Walk for a Cause, all in support of Zahra’s efforts to empower communities in the Kingdom of Saudi Arabia to combat breast cancer.Dr. Suad Bint Mohamed Bin-Amer, founder and vice chairman of Zahra Association, said “We are pleased to renew this partnership with Houston Methodist, as it reflects our commitment to providing a broader range of health care services to our beneficiaries....
March 26, 2023

Zahra Breast Cancer Association renews MoU with Houston Methodist to achieve its strategic goals

Zamakhchary & Co. (Z&Co.), a prestigious leading law firm in the Kingdom of Saudi Arabia, has announced the official appointment of Jawahir Al-Subaie as partner and head of the corporate and commercial law practice. With over a decade of experience in private practice and in-house, Ms. Al-Subaie brings a wealth of expertise and knowledge to the Z&Co. team.
Jawahir Al-Subaie joins Zamakhchary & Co. as Partner
Zamakhchary & Co. (Z&Co.), a prestigious leading law firm in the Kingdom of Saudi Arabia, has announced the official appointment of Jawahir Al-Subaie as partner and head of the corporate and commercial law practice. With over a decade of experience in private practice and in-house, Al-Subaie brings a wealth of expertise and knowledge to the Z&Co. team.Al-Subaie’s extensive experience includes advising government and private sector clients on project development, complex data and technology transactions and projects, and strategic partnerships across the Middle East, Asia, Europe, and the U.S.Chariman of Z&Co., Monaji Zamakhchary, expressed his excitement over Al-Subaie’s addition to the team, stating, “We are excited to welcome Jawahir to the Z&Co. team. Her impressive track record...
March 26, 2023

Jawahir Al-Subaie joins Zamakhchary & Co. as Partner

Saudi King, Crown Prince inaugurate Ramadan campaign with massive donation toward Kingdom’s housing needs
Jood Eskan, Saudi Arabia's crowdfunding platform for home ownership, has launched a charitable campaign to raise SR 1 billion in donations during the Holy month of Ramadan. The campaign aims to break the record for the largest amount of online charitable donations raised in a month. Funds raised will support the country's efforts to provide housing for needy Saudi families.The Custodian of the Two Holy Mosques, King Salman, and Crown Prince Mohammed bin Salman, inaugurated the campaign on the first day of Ramadan by making two generous donations amounting to SR150 million. These initial contributions, given through the Jood Eskan platform, reinforce the leadership’s commitment to supporting all efforts and initiatives that provide housing for needy families.The Jood Eskan digital...
March 25, 2023

Saudi King, Crown Prince inaugurate Ramadan campaign with massive donation toward Kingdom’s housing needs

Lieutenant Governor Manoj Sinha along with Rejith Radhakrishnan, Chief Operating Officer of Lulu India and Amit Jain, Group CEO of EMAAR at the Foundation stone laying ceremony of Mall of Srinagar in Sempora, Srinagar, J&K.
Foundation stone laid for Mall of Srinagar, developed by EMAAR
In a big thrust for the development of Jammu & Kashmir, the Lieutenant Governor Manoj Sinha today laid the foundation stone for the Mall of Srinagar, being developed by Dubai based EMAAR. Middle East retail major Lulu Hypermarket will be the anchor tenant of this ambitious project.An MoU to this effect was was signed by Rejith Radhakrishnan, Chief Operation Officer of Lulu India and Amit Jain, Group CEO of EMAAR on the side lines of groundbreaking ceremony of Mall of Srinagar at Sempora in Srinagar. The Rs 250-crore project will be built on 1 million square feet of area and be ready by 2026.As per the MOU, LuLu Group will be setting up its first hypermarket in J&K at the Mall of Srinagar with an approx. size of 100,000 sq. feet. and will employ about 1,500 youth from the state directly for...
March 24, 2023

Foundation stone laid for Mall of Srinagar, developed by EMAAR

IMC organizes its 1st International Nursing Symposium
Under the auspices of the CEO, Dr. Walid Fitaihi, Founder of the International Medical Center and Chairman of the Board, the IMC organizes its 1st International Nursing Symposium titled “Global Future of Nursing: Evolving today to achieve tomorrow.” This Event took place on the 20th and 21st of February 2023 at the InterContinental Hotel in Jeddah and hosted more than 24 national and international speakers who pioneers in the profession of nursing. These diverse speakers from different backgrounds and specializations helped the attendees, throughout the 20 sessions of the event and the 6 interactive workshops, gain fundamental experience that will be implemented in their daily lives as healthcare professionals.Ms. Nada Massoudi, Chairperson, Symposium Committee, highlighted how being...
March 24, 2023

IMC organizes its 1st International Nursing Symposium

Immerse in the Spirit of Ramadan at Four Seasons Hotel Riyadh
This Ramadan, Four Seasons Hotel Riyadh welcomes guests to experience the true essence of the Holy Month with a distinctive line-up of culinary celebrations and tranquil experiences to be shared with family and friends.A Memorable Stay For a perfect escape in the city, the hotel’s special Ramadan Retreat package offers families a relaxing getaway in newly renovated rooms and suites inclusive of Iftar for two at the Ramadan Tent, 25% off on food & beverage, 25% off on spa treatments, 25% off on laundry and complimentary valet parking.Guests can also create unforgettable memories with a special Ramadan Nights package offering guests 20% off on room rate, complimentary parking, 25% off spa, 25% off on food & beverage and 25% off on laundry.Book your Ramadan escape now at Four Seasons Hotel...
March 24, 2023

Immerse in the Spirit of Ramadan at Four Seasons Hotel Riyadh

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