Friday , 17 August 2018

Science & Tech

A long shot: MENA employers receive 1,000 applications per job – Bayt.com CEO

11Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day. The Middle East and North Africa region has witnessed a massive growth in the number of jobseekers since 2011, but the number of jobs available has been declining, according to the chief executive of a regional jobs website, …

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Saudi Tadawul hires Nasdaq for tech ‘transformation’

Tadawul to upgrade its post-trade technology, including registry, depository and risk-management systems, to be completed by the second half of 2020. DUBAI – The Saudi Stock Exchange has taken a major step toward transforming its financial infrastructure after signing a deal with Nasdaq, the US market based in New York. Tadawul, the Riyadh-based market, on Monday announced an agreement with …

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The Big 5: Robots, 3D printing aren’t feasible yet due to cheap labour costs – construction experts

Traditional forms of construction are still the norm in the Middle East as the low labour costs means there is no major incentive to adopt new innovative methods From Burj Khalifa to twisted towers, the Middle East is famous for its outlandish skyscrapers and buildings, constantly pushing the boundaries of architecture and engineering. Despite this, the construction process to bring …

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Digital conference will gather more than 1,600 leaders and entrepreneurs in Riyadh

For the sixth year in a row, ArabNet Riyadh — the largest and most influential digital conference in the Kingdom — is gathering more than 1,600 regional/international digital professionals, leaders and entrepreneurs, to discuss the digital future in the region. The conference, which will be held December 11-13 at the Burj Rafal Hotel Kempinski, is hosted by King Abdul Aziz …

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Renewable power potential in the Middle East

Declining renewable energy prices and increasing energy demand in the Middle East and North Africa (Mena) region present a unique opportunity for stakeholders to accelerate renewable energy production, invest in long-term competitiveness and energy security. The bright future for renewable energy in the region was explored in-depth at a recent Bloomberg New Energy Finance (BNEF) event in Dubai, attended by …

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UAE central bank to set up cybersecurity department for financial institutions – governor

By Nada Al Rifai UAE central bank governor said a minimum set of standards for cybersecurity controls will be established in coordination with the National Electronic Security Authority The central bank of the United Arab Emirates has taken a set of decisions to mitigate cyber-risks that are likely to increase with the digitalisation of financial services, its governor said today. …

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Saudi Arabia, GCC to be connected by ultra-fast tube transportation system

The entire Gulf region will be connected through an ultra-fast tube transportation system, which will operate at a velocity of 1,100 km per hour. Founder of US-based Virgin Hyperloop One, Josh Giegel spoke to Arab News on Thursday soon after he signed an agreement with the MiSK Foundation for an ultra-fast tube transportation system and to train Saudi youths on …

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Dubai Airshow: Emirates Mars mission on track for 2020 launch

Project manager Omran Sharif said the UAE expects to learn more about changes to planet’s atmosphere. The Emirates Mars Mission is on track to launch its first probe in 2020, with the programme helping to continue developing the UAE’s knowledge economy and inspiring a new generation of scientists, according to project manager Omran Sharaf. Speaking at the Dubai Airshow on …

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GCC countries adopt draft UAE regulations for electric vehicles

GCC Standardization Organization, is currently preparing the draft of GCC regulations according to the UAE project. ABU DHABI- GCC countries have adopted the UAE’s draft regulations on the use of electric vehicles, thanks to their positive features which take into account safety requirements, overall performance of electric vehicles, and their adaptation to weather conditions in the region. Abdulla Al Maeeni, …

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Abu Dhabi ADWEA seeks to reduce energy consumption by 20% by 2030

Abu Dhabi Water and Electricity Authority is seeking to be among the world’s leading providers of water and electricity by 2020. ABU DHABI – The Abu Dhabi Water and Electricity Authority, ADWEA, said its Demand Side Management programme (Tarsheed), seeks a 20 percent reduction in water and electricity consumption by the year 2030, Abdullah Ali Musleh Al Ahbabi, Chairman of …

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