Western Asia

Ituran Location and Control Ltd. Schedules Third Quarter 2020 Results Release and Conference Call For Wednesday, November 18, 2020

Monday, October 26, 2020 - 11:00am

AZOUR, Israel, Oct. 26, 2020 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its third quarter 2020 results on Wednesday, November 18, 2020.

Key Points: 
  • AZOUR, Israel, Oct. 26, 2020 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its third quarter 2020 results on Wednesday, November 18, 2020.
  • On the call, management will review and discuss the results, and will be available to answer investor questions.
  • To participate, call one of the following teleconferencing numbers.Please begin placing your calls a few minutes before the conference call commences.
  • Established in 1995, Ituran has approximately 3,000 employees worldwide, with offices in Israel, Brazil, Argentina, Mexico, Ecuador, Columbia, India, Canada and the United States.

Qatar's Construction Industry is Forecast to Shrink by 4.5% in 2020 due to COVID-19, with Annual Growth of 3.8% Between 2021-2024 Predicted, Supported by the Qatar National Vision 2030 - ResearchAndMarkets.com

Monday, October 26, 2020 - 10:27am

The country's construction industry is forecast to shrink by 4.5% in 2020, hampered by the challenges presented by COVID-19.

Key Points: 
  • The country's construction industry is forecast to shrink by 4.5% in 2020, hampered by the challenges presented by COVID-19.
  • In addition, the country's plan to increase the LNG production capacity will also support investments in oil and gas projects.
  • It provides -
    Historical (2015-2019) and forecast (2020-2024) valuations of the construction industry in Qatar, featuring details of key growth drivers.
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.

Remodeling Market is Projected to Expand at 3.9% CAGR Through 2026; Global Market Insights, Inc.

Monday, October 26, 2020 - 8:00am

The use of smart sensors, displays, automation, and upgrading of plumbing systems in houses have attracted consumers toward home remodeling.

Key Points: 
  • The use of smart sensors, displays, automation, and upgrading of plumbing systems in houses have attracted consumers toward home remodeling.
  • The remodeling industry in developing nations is driven by the rising count of offices, educational institutions, and hotels.
  • Saudi Arabia and South Africa are projected to be the fastest-growing markets in the Middle East region.
  • Growing FDI investments, particularly in hospitality, education, hospitals, and other commercial sectors, are strongly supporting the commercial remodeling market expansion.

Riyad Bank signs acquiring agreement with JCB for local acceptance in the Kingdom of Saudi Arabia

Monday, October 26, 2020 - 6:00am

Riyadh & Tokyo, Oct 26, 2020 - (ACN Newswire) - Riyad Bank, a listed company on the Saudi Arabia Stock Exchange in the Kingdom of Saudi Arabia, and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., announced that Riyad Bank had signed a partnership agreement with JCBI to enable the acceptance of JCB Cards at all Point of Sale systems, online and ATMs throughout the Kingdom of Saudi Arabia.

Key Points: 
  • Riyadh & Tokyo, Oct 26, 2020 - (ACN Newswire) - Riyad Bank, a listed company on the Saudi Arabia Stock Exchange in the Kingdom of Saudi Arabia, and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., announced that Riyad Bank had signed a partnership agreement with JCBI to enable the acceptance of JCB Cards at all Point of Sale systems, online and ATMs throughout the Kingdom of Saudi Arabia.
  • "I am delighted to announce this partnership in consideration of the Vision 2030 and the ever-closer relationship between Saudi Arabia and Japan."
  • We position Saudi Arabia as the most significant market for expanding our business in the Middle East.
  • Riyad Bank is one of the largest financial institutions in the Kingdom of Saudi Arabia and the Middle East.

AJC Lauds Announcement of Israel-Sudan Peace Agreement

Friday, October 23, 2020 - 6:56pm

NEW YORK, Oct. 23, 2020 /PRNewswire/ -- American Jewish Committee (AJC) praised the announcement today that Sudan will establish full diplomatic relations with Israel.

Key Points: 
  • NEW YORK, Oct. 23, 2020 /PRNewswire/ -- American Jewish Committee (AJC) praised the announcement today that Sudan will establish full diplomatic relations with Israel.
  • Sudan will become the fifth Arab country to sign a peace agreement with Israel.
  • "Today's announcement is indicative of a very positive trend, a change of heart, among Arab leaders across the region regarding Israel," said AJC CEO David Harris.
  • "In this peacemaking endeavor, Prime Minister Netanyahu's vision and President Trump's dedication to advancing Arab-Israeli peace have been transformative."

Saudi Arabia and International Telecommunication Union Announce MoU to Support AI for Sustainable Development Efforts

Thursday, October 22, 2020 - 8:11pm

Saudi Arabia, represented by the Saudi Data and AI Authority (SDAIA), and the International Telecommunication Union (ITU) today announced a memorandum of understanding (MoU) to collaborate on initiatives aimed at supporting and strengthening efforts to optimize the benefits of AI technologies and applications for sustainable development.

Key Points: 
  • Saudi Arabia, represented by the Saudi Data and AI Authority (SDAIA), and the International Telecommunication Union (ITU) today announced a memorandum of understanding (MoU) to collaborate on initiatives aimed at supporting and strengthening efforts to optimize the benefits of AI technologies and applications for sustainable development.
  • Under the partnership, Saudi Arabia will support ITU in developing projects, activities and initiatives that will, among other things, aim to facilitate greater multi-stakeholder participation, international cooperation, and knowledge sharing to accelerate progress towards the UN Sustainable Development Goals (SDGs).
  • With the announcement of this MoU, Saudi Arabia intends to support ITU to design activities that will help strengthen global efforts to use AI technologies for the advancement of sustainable development and growth.
  • SDAIA has been established to drive AI programs in the Kingdom, and enable Saudi Arabia to become a global leader in AI.

Iconic musicians unite for Concert for Artsakh

Thursday, October 22, 2020 - 3:29pm

When the war broke out, it became our responsibility to bring together artists for peace, said Hayk Arsenyan, Director of the Performing Arts Department of AGBU.

Key Points: 
  • When the war broke out, it became our responsibility to bring together artists for peace, said Hayk Arsenyan, Director of the Performing Arts Department of AGBU.
  • Now, the voices of these Armenian musicians from across the world and on the ground in Artsakh will resonate with millions and bring awareness to Artsakhs struggle for peace.
  • It is the calling of artists to join forces in these times, and to become a creative force for Artsakh, said Anush Ter-Khachatryan, Director of Programs at Creative Armenia.
  • We are proud to host our global musicians, as they raise awareness, funds, and spirit for Artsakh.

Saudi Arabia Sets out Strategy to Become a World Leader in Artificial Intelligence By 2030

Wednesday, October 21, 2020 - 5:07pm

Saudi Arabia revealed its National Strategy for Data & AI (NSDAI) which will make the country a global leader in Artificial Intelligence by 2030.

Key Points: 
  • Saudi Arabia revealed its National Strategy for Data & AI (NSDAI) which will make the country a global leader in Artificial Intelligence by 2030.
  • By 2030, Saudi Arabias vision is to become the place where the best of Data and AI is made reality.
  • Under the strategy, Saudi Arabia will implement a multi-phase, multi-faceted plan that includes skills, policy and regulation, investment, research and innovation, and ecosystem development.
  • From 2025 until 2030, Saudi Arabia will focus on developing specialisms in specific areas of AI, to become one of the leading AI and data-driven economies by 2030.

G20 Saudi Secretariat Announces Digital Summit to Discuss Inclusive Growth in Aftermath of Covid-19

Wednesday, October 21, 2020 - 3:25pm

RIYADH, Saudi Arabia, Oct. 21, 2020 /PRNewswire/ --The Ministry of Investment of Saudi Arabia and the Saudi Secretariat as part of the international Conference program announces a four-day digital event series to explore how businesses, governments and citizens can drive opportunities for inclusive growth through regulation, new technologies and long-term strategic approaches in the aftermath of the Covid-19 pandemic.

Key Points: 
  • RIYADH, Saudi Arabia, Oct. 21, 2020 /PRNewswire/ --The Ministry of Investment of Saudi Arabia and the Saudi Secretariat as part of the international Conference program announces a four-day digital event series to explore how businesses, governments and citizens can drive opportunities for inclusive growth through regulation, new technologies and long-term strategic approaches in the aftermath of the Covid-19 pandemic.
  • Titled 'A New Framework For Inclusive Growth' and hosted by FT Live, the series will feature influential speakers from the worlds of business, politics and policy, interviewed by FT writers.
  • The series will be live streamed and delegates can participate on an interactive event platform.
  • A full recording of the event will be available afterwards at globalsummitseries.live.ft.com

G20 Saudi Secretariat Announces Digital Summit to Discuss Inclusive Growth in Aftermath of Covid-19

Wednesday, October 21, 2020 - 3:25pm

RIYADH, Saudi Arabia, Oct. 21, 2020 /PRNewswire/ --The Ministry of Investment of Saudi Arabia and the Saudi Secretariat as part of the international Conference program announces a four-day digital event series to explore how businesses, governments and citizens can drive opportunities for inclusive growth through regulation, new technologies and long-term strategic approaches in the aftermath of the Covid-19 pandemic.

Key Points: 
  • RIYADH, Saudi Arabia, Oct. 21, 2020 /PRNewswire/ --The Ministry of Investment of Saudi Arabia and the Saudi Secretariat as part of the international Conference program announces a four-day digital event series to explore how businesses, governments and citizens can drive opportunities for inclusive growth through regulation, new technologies and long-term strategic approaches in the aftermath of the Covid-19 pandemic.
  • Titled 'A New Framework For Inclusive Growth' and hosted by FT Live, the series will feature influential speakers from the worlds of business, politics and policy, interviewed by FT writers.
  • The series will be live streamed and delegates can participate on an interactive event platform.
  • A full recording of the event will be available afterwards at globalsummitseries.live.ft.com