Algeria

W&T Offshore Announces Retirement of Steve L. Schroeder and Names Huan Gamblin Vice President of Business Development

Retrieved on: 
Tuesday, May 10, 2022

Prior to W&T, Mr. Schroeder was with Exxon USA for 12 years.

Key Points: 
  • Prior to W&T, Mr. Schroeder was with Exxon USA for 12 years.
  • Huan Gamblin, who currently serves as Manager of Acquisition and Divestiture, is being promoted to Vice President of Business Development and will assume the majority of Mr. Schroeder's responsibilities.
  • Mr. Gamblin has 17 years of domestic and international industry experience, and he joined W&T in 2020.
  • We are pleased to name Huan Gamblin, who worked closely with Steve, as our new Vice President of Business Development.

Odoo's Rapid Solution for KSA E-Invoicing (FATOORA)

Retrieved on: 
Monday, December 13, 2021

DUBAI, UAE, Dec. 13, 2021 /PRNewswire/ -- The government of Saudi Arabia (KSA) has implemented e-invoicing (FATOORA) as a mandatory requirement from December 4, 2021, under which VAT applicable businesses have to use a compatible system to generate invoices and provide an option to capture QR codes as per Zakat, Tax and Customs Authority (ZATCA) guidelines. This means that suppliers will no longer be allowed to generate or store paper or PDF invoices.

Key Points: 
  • This means that suppliers will no longer be allowed to generate or store paper or PDF invoices.
  • Odoo, a leader in open source all-in-one business software, has the localized solution for KSA e-invoicing Phase One already available for their customers.
  • This solution assists all current and future Odoo customers to comply with ZATCA quickly and efficiently.
  • "We've assisted already the majority of our Saudi Arabian customers to be compliant and avoid any costly penalties."

Odoo's Rapid Solution for KSA E-Invoicing (FATOORA)

Retrieved on: 
Monday, December 13, 2021

This means that suppliers will no longer be allowed to generate or store paper or PDF invoices.

Key Points: 
  • This means that suppliers will no longer be allowed to generate or store paper or PDF invoices.
  • Odoo, a leader in open source all-in-one business software, has the localized solution for KSA e-invoicing Phase One already available for their customers.
  • This solution assists all current and future Odoo customers to comply with ZATCA quickly and efficiently.
  • "We've assisted already the majority of our Saudi Arabian customers to be compliant and avoid any costly penalties."

Award-winning Medallia CX and EX Software Now Available on KSA Servers

Retrieved on: 
Monday, December 13, 2021

MUSCAT, Oman, Dec. 13, 2021 /PRNewswire/ -- Medallia Inc., the global leader in customer and employee experience, launched on servers based in the Kingdom of Saudi Arabia on October 25th, 2021. Hosted locally to facilitate access and compliance, Medallia, in partnership with New Metrics, offers clients across the Middle East the market-leading technology required by public and private sector clients to achieve their citizen and customer-centric objectives in line with the Saudi Vision 2030.

Key Points: 
  • MUSCAT, Oman, Dec. 13, 2021 /PRNewswire/ -- Medallia Inc., the global leader in customer and employee experience, launched on servers based in the Kingdom of Saudi Arabia on October 25th, 2021.
  • And, when combined with operational and transactional data fed into Medallia, organizations can understand every touchpoint along every customer journey.
  • For more information on Medallia solutions available from New Metrics, visit www.newmetrics.net .
  • Medallia uses proprietary artificial intelligence and machine learning technology to automatically reveal predictive insights that drive powerful business actions and outcomes.

Award-winning Medallia CX and EX Software Now Available on KSA Servers

Retrieved on: 
Monday, December 13, 2021

And, when combined with operational and transactional data fed into Medallia, organizations can understand every touchpoint along every customer journey.

Key Points: 
  • And, when combined with operational and transactional data fed into Medallia, organizations can understand every touchpoint along every customer journey.
  • For more information on Medallia solutions available from New Metrics, visit www.newmetrics.net .
  • The company's award-winning SaaS platform, Medallia Experience Cloud, is becoming the experience system of record that makes all other applications customer and employee aware.
  • Medallia uses proprietary artificial intelligence and machine learning technology to automatically reveal predictive insights that drive powerful business actions and outcomes.

The Festive Season Launches at Mall of the Emirates with a Powerful Message for the Future

Retrieved on: 
Monday, December 13, 2021

Running from now until 25 December, Mall of the Emirates will curate a world of joy and adventure for families, shoppers, and mall visitors to immerse themselves in.

Key Points: 
  • Running from now until 25 December, Mall of the Emirates will curate a world of joy and adventure for families, shoppers, and mall visitors to immerse themselves in.
  • The centrepiece of the mall's festive spectacle this year is a captivating eight metre tall festive tree installation that sends a powerful message to Mall of the Emirates visitors and the world.
  • Mall of the Emirate's festive season will also include a Festive Market, made up ofunique vendors serving up a rich range of indulgent festive food favourites and delicious beverages.
  • The festive season really is a joyful celebration of belonging; one in which friends, families and communities are drawn even closer.

The Festive Season Launches at Mall of the Emirates with a Powerful Message for the Future

Retrieved on: 
Monday, December 13, 2021

DUBAI, UAE, Dec. 13, 2021 /PRNewswire/ -- The most wonderful time of the year is fast approaching, and Mall of the Emirates has launched a unique festive installation that looks firmly to the future. Running from now until 25 December, Mall of the Emirates will curate a world of joy and adventure for families, shoppers, and mall visitors to immerse themselves in.

Key Points: 
  • Running from now until 25 December, Mall of the Emirates will curate a world of joy and adventure for families, shoppers, and mall visitors to immerse themselves in.
  • The centrepiece of the mall's festive spectacle this year is a captivating eight metre tall festive tree installation that sends a powerful message to Mall of the Emirates visitors and the world.
  • Mall of the Emirate's festive season will also include a Festive Market, made up ofunique vendors serving up a rich range of indulgent festive food favourites and delicious beverages.
  • The festive season really is a joyful celebration of belonging; one in which friends, families and communities are drawn even closer.

Saudi Arabia Announces Budget 2022, with a Focus on Service Improvement, Fiscal Sustainability and Private Sector Empowerment

Retrieved on: 
Monday, December 13, 2021

His Excellency indicated that such policies have had a positive impact on the gradual recovery of the local economy showing a fast-paced growth in several areas.

Key Points: 
  • His Excellency indicated that such policies have had a positive impact on the gradual recovery of the local economy showing a fast-paced growth in several areas.
  • Al-Jadaan stated that the budget estimates for the FY 2022 show that total revenues will reach SAR 1,045 billion, an increase of 12.4% compared to the projected revenues in 2021.
  • Total expenditures are estimated at around SAR 955 billion, with SAR 90 billion in surplus (2.5% of GDP).
  • The Minister of Finance highlighted that the Kingdom is witnessing ongoing economic growth supported by the economic enablers directed to the private sector.

Saudi Arabia Announces Budget 2022, with a Focus on Service Improvement, Fiscal Sustainability and Private Sector Empowerment

Retrieved on: 
Monday, December 13, 2021

His Excellency indicated that such policies have had a positive impact on the gradual recovery of the local economy showing a fast-paced growth in several areas.

Key Points: 
  • His Excellency indicated that such policies have had a positive impact on the gradual recovery of the local economy showing a fast-paced growth in several areas.
  • Al-Jadaan stated that the budget estimates for the FY 2022 show that total revenues will reach SAR 1,045 billion, an increase of 12.4% compared to the projected revenues in 2021.
  • Total expenditures are estimated at around SAR 955 billion, with SAR 90 billion in surplus (2.5% of GDP).
  • The Minister of Finance highlighted that the Kingdom is witnessing ongoing economic growth supported by the economic enablers directed to the private sector.

Saudi Real Estate Refinance Company (SRC) issues SAR 2 billion Sukuk, under its existing Sukuk Programme, to increase its support for home ownership in the Kingdom of Saudi Arabia

Retrieved on: 
Sunday, December 12, 2021

RIYADH, Saudi Arabia, Dec. 12, 2021 /PRNewswire/ -- Saudi Real Estate Refinance Company (SRC) successfully completed issuing a SAR 2 billion Sukuk to support lenders in the housing market, with the aim to further expand home ownership by making it more affordable. The Sukuk was guaranteed by the Kingdom of Saudi Arabia through the Ministry of Finance.

Key Points: 
  • The Sukuk was guaranteed by the Kingdom of Saudi Arabia through the Ministry of Finance.
  • The funding raised will enable us to expand our relationships with home finance lenders, as Saudi Arabia moves closer to its target of achieving 70% home ownership among Saudi nationals by 2030."
  • Its first Sukuk offerings under the programme were issued in March 2021 in two tranches of 7 and 10-years totaling SAR 4 billion.
  • SRC enables individuals and entities interested in direct or indirect real estate financing to increase and diversify origination of long-term fixed-rate (LTFR) products.