The 8th largest worldwide company for R&D spend.. Huawei unveiled the first long-lifespan graphene-assisted Li-ion battery

Huawei was ranked as the world’s eighth-largest company in terms of research and development spending in 2016, according to EU Industrial R&D Investment Scoreboard, an annual ranking of the world’s top 2,500 R&D investors. The global technology manufacturer’s significant investment in research and development has led to major breakthroughs in the industry including the first long-lifespan graphene-assisted Li-ion battery able to withstand high temperatures.

According to the rankings compiled by European Commission’s Economics of Industrial Research and Innovation, R&D spending by Chinese companies increased 24.7% from previous year, boosting its share of the global total from 5.9% to 7.2%. Furthermore, the scoreboard shows that the largest groups of companies in the world top 2,500 companies are drawn from the ICT, health care and automotive industries.

Huawei’s investment into the Huawei Central Research Institute has led to developments in a number of technological advancements including their latest breakthrough – Li-ion batteries. The Watt Laboratory, an organization under Huawei’s Central Research Institute Huawei announced at the 57th Battery Symposium held in Japan that Huawei plans to unveil Li-ion batteries featuring new graphene-assisted heat-resistant technologies. These technologies allow Li-ion batteries to remain functional in a 60°C environment, a temperature 10°C higher than the existing upper limit. The lifespan of the graphene-assisted Li-ion batteries will also be twice as long as ordinary Li-ion batteries, allowing for an unprecedented long battery life.

Dr. Yangxing Li, Chief Scientist at Watt Laboratory said, “We have performed charging and discharging tests in a high-temperature environment. The tests show that when working parameters are the same, the graphene-assisted high-temperature Li-ion battery is 5°C cooler than ordinary Li-ion batteries. Over 70% of the graphene-assisted battery’s capacity is left after it is recharged 2,000 times at a temperature of 60°C. Less than 13% of its capacity is lost after being kept in a 60°C environment for 200 days.”

Huawei’s research results will reshape the storage systems of communications base stations. In high-temperature regions and countries like the Kingdom of Saudi Arabia, outdoor base stations powered by the graphene-assisted high-temperature Li-ion batteries can have working lifespans longer than four years. These batteries ensure a high mileage for electric vehicles per charge in high temperatures. They can also guarantee the safe operation of drones, which often generate a significant amount of heat.

Huawei’s Watt Laboratory also revealed its quick charging technology, which recharges 48% of a 3000mAh battery in just 5 minutes. This technology turned many heads. According to Dr. Li, Huawei has commercialized the developed quick charging batteries and will announce a super-quick charging mobile phone in late December.

The URL of Huawei’s graphene-assisted high-temperature Li-ion battery demo video: https://youtu.be/OceA8Wye71M

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HYATT REGENCY RIYADH OLAYA OPENS IN THE KINGDOM OF SAUDI ARABIA First Hyatt Regency hotel opens in the heart of Riyadh

Hyatt announced the opening of Hyatt Regency Riyadh Olaya, the first Hyatt Regency hotel to open in Riyadh, the capital of the Kingdom of Saudi Arabia (KSA). Developed by Mohammed A. Al-Swailem Co., Hyatt Regency Riyadh Olaya is the third Hyatt-branded hotel to open in the KSA, joining Park Hyatt Jeddah Marina, Club and Spa and Hyatt Regency Makkah Jabal Omar.

Hyatt Regency Riyadh Olaya has been designed to connect today’s travelers to who and what matters most. With its prime location in Olaya, a growing financial district in Riyadh, the hotel is in close proximity to the King Abdullah Financial District (KAFD) and the Riyadh International Convention & Exhibition Center, and is a less than 40-minute drive to King Khalid International Airport.

Guestrooms and Suites

Hyatt Regency Riyadh Olaya offers 261 spacious guestrooms, including 40 suites, spread across 28 floors. All guestrooms and suites feature panoramic views of the vibrant city of Riyadh, and incorporate subtle local touches and design elements, including patterned leather panels that are embroidered with a contemporary interpretation of a middle eastern mashrabiya motif.

Located on the 26th floor with spectacular views, the hotel’s Regency Club offers guests exclusive services, including complimentary internet access, use of the lounge meeting room, breakfast, afternoon tea, and evening beverages with hors d’oeuvres.

Authentic Culinary Experiences

Hyatt Regency Riyadh Olaya features a wide range of culinary experiences that meet guests’ diverse needs and preferences. The hotel offers Azure, a contemporary dining destination that offers Aegean cuisine from Greece and Turkey with an open-kitchen concept and a wood-fired oven and charcoal grill. Additionally, the hotel offers Fifty Sixth Avenue Diner, a chic and welcoming all-day dining restaurant serving traditional American food.

Meetings and Events

Hyatt Regency Riyadh Olaya offers more than 10,700 square feet (1,000 square meters) of extensive conference and banquet facilities, including the Al Loulou’a Ballroom, which can be divided up into three separate rooms and seat up to 500 people theater-style. With eight flexible event venues, the hotel is the perfect venue for a variety of events such as weddings, social banquets, exhibitions, meetings, and conferences.

Wellness and Relaxation

Guests are invited to recharge in the hotel’s Sokoun Spa, which offers four treatment rooms and a variety of wellness services, including relaxation massages and therapeutic body treatments. A traditional Moroccan Hammam invites guests to unwind from the day’s stress with a cleansing steam or sauna. The wellness and fitness facilities also include an indoor swimming pool, a multi-purpose court and a Camp Hyatt kid’s club.

“Hyatt Regency Riyadh Olaya is set to become the ideal place for both business and leisure travelers in the Kingdom’s vibrant capital with its authentic specialty restaurants and extensive conference and banquet facilities,” said General Manager Nizar Weshah.

For more information, please visit riyadholaya.regency.hyatt.com.

 The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

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Nahdi, Tawuniya Develop Strategic Partnership to Enhance Services

Nahdi, a leading Saudi retail pharmacy chain, and Tawuniya Cooperative Insurance Company, renewed their strategic partnership to offer additional health insurance services to clients and beneficiaries.

The renewal agreement, signed in Riyadh, is part of Nahdi Medical Company’s strategy to enhance healthcare services in line with Saudi Arabia’s 2030 Vision, which focuses on providing the public with improved healthcare services to treat chronic diseases and serious conditions.

The partnership aims to serve Tawuniya clients, holders of the golden, 1, 1+, 2, 2+, and 3 cards, enabling them to obtain prescription drugs, including refills or renewals for chronic diseases (dawaa’i service).

Commenting on the agreement, Nahdi CEO, engineer Yasser Joharji, said: “We have strong business relations with Tawuniya based on a smart partnership that we established in 2011. The renewal agreement aims to enhance joint cooperation and develop extraordinary business relations between the two companies. Seeking first and foremost to better serve beneficiaries, we have amended articles and terms of the existing agreement in order to protect and define the two firms’ commitments and rights.”

For his part, Tawuniya Deputy CEO, Omar Abdulrahman Al Mahmud, said he was proud of the partnership with Nahdi. “We at Tawuniya are happy to renew and develop our business relations and strategic cooperation with Nahdi. Thanks to our joint efforts and successful business relations, we provided clients with optimal healthcare services over the past five years. We are confident that the services we offer will always satisfy our clients and meet their healthcare needs, hoping to introduce additional healthcare services through this partnership.”

The agreement enables medical insurance clients to obtain prescription medication at Nahdi outlets using a direct payment system, which creates facilitated and time-saving medicine dispensation procedures, according to Al Mahmud. Clients receiving medical treatment at hospitals or medical centres can make use of the service if a specific medication was unavailable at their dispensaries or in case these healthcare institutions did not have pharmacies. In order to benefit from the service, clients are required to show their prescriptions, insurance cards, and identification documents to pharmacies.

Nahdi and Tawuniya agreed to expand their beneficiary networks to include holders of the golden, 1, 1+, 2, 2+, and 3 cards. The two sides also agreed to establish or develop projects that would serve their interests and facilitate services, including marketing campaigns and integration of information systems.

 

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Al Tayyar extends strategic partnership with Amadeus

Al Tayyar Travel Group, one of the largest travel and tourism companies in the region, as part of its sustained efforts to contribute to the development of the corporate travel sector, has signed a new partnership agreement with Amadeus, one of the leading providers of advanced technology solutions for the global travel industry.

The agreement extension till the year 2020 will transform the existing relationship between Amadeus and Al Tayyar to a strategic partnership, and expand their cooperation from the local level to the Middle East and North Africa. The signing of the agreement marks a step forward in ensuring the delivery of quality services to a wider customer base across the region.

Al Tayyar Group’s decision to upgrade the partnership with Amadeus to the regional level is in line with its intensive projects and investments in the e-commerce, travel and tourism industries, as well as its global expansions.

Mr. Abdullah bin Nasser Al-Dawood, Managing Director & CEO of Al Tayyar Travel Group, said: “As a major company in the regional travel sector, Al Tayyar has been building on the solid foundation of our existing relationship with global travel solutions providers like Amadeus. Our vision is to find innovative ways to meet the needs of the market and create new avenues for growth. The expansion of our strategic partnership with Amadeus to the regional level will further strengthen our relationship and infuse fresh energy to the corporate travel sector in the region.”

Amadeus is one of main leading innovators in the travel sector; it has been empowering the regional travel industry with next-generation products and services to help it overcome rising costs, unpredictable market conditions and changing business models. Its integrated and comprehensive suite of solutions allows travel agencies to streamline and enhance the corporate travel process, enabling them to leverage the opportunities offered by automation and digitization to gain competitive advantages in the market.

Mr. Antoine Medawar, Vice President of Amadeus MENA, said: “The MENA region represents a key hub of corporate travel and offers vast opportunities for the travel industry. As Amadeus takes its strategic partnership with Al Tayyar to the regional level, the corporate travel sector in the MENA region will stand to gain significantly from the expertise of two leading players in the travel industry. Amadeus is committed to excellence as we work together with Al Tayyar to find new ways to satisfy customer needs and identify exciting new opportunities in the region.”

In the past few years, Amadeus and Al Tayyar Travel Group have worked together to drive operational efficiencies in the Saudi travel industry, offering specially designed services inspired by the unrivalled innovative Amadeus distribution technology. During the course of the existing relationship, Amadeus developed specific solutions that met the needs of Al Tayyar’s customers, and helped it effectively use technology as a true competitive differentiator to succeed in a rapidly changing market.

Known for its professional services and distinguished client care, Al Tayyar Travel Group is the trusted agency of more than 1,600 governmental and private corporations. It has invested in approximately 400 branches across Saudi Arabia and other Gulf countries, Egypt, Sudan, Lebanon, Malaysia, the U.K., Canada and other popular tourist locations.

 

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LETS MEAT – Mooyah Burger opens 7th Restaurant in Kingdom.

MOOYAH Burgers Fries Shakes, a fast-casual, “better burger” chain, has opened its seventh restaurant in the Kingdom. Located in Prince Muqrin Ibn Abdul Aziz Street in Al Nuzha District of the Saudi capital, the restaurant marks the 21st international location for MOOYAH since its launch in late 2013.

The Riyadh restaurants are owned and operated by Healthy Food Company Ltd., which has a multi-unit development agreement with Menafex LLC, MOOYAH’s international development partner. Founded 10 years ago in Dallas, Texas, MOOYAH has experienced impressive growth, expanding from a regional Texas brand into a national player and a leader in the growing “better burger” segment of fast-casual dining. The brand currently operates in 10 countries and 17 US states.

Founded in 2007, the Plano, Texas-based company serves fresh, lean American beef, all-natural Jennie turkey burgers, black bean veggie burgers, buns baked in house daily, real cheeses and toppings made from garden-fresh veggies. While many guests dine in restaurant, MOOYAH also offers online ordering and carry out for guests on the go. In 2015, MOOYAH was ranked No. 46 in Fast Casual Magazine’s annual Top 100 Movers & Shakers, a list they have been included in for several years in a row.

The brand also ranked 2nd in Best Fast Casual Restaurant Franchise Company, 4th in Best Restaurant Franchise Company, and 7th in Best Overall Franchises Company by Franchiserankings.com.

 

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The future of selfies: no longer just a picture New research finds consumers are ready to embrace ‘selfies’ as a tool for banking, shopping, healthcare and more

Smartphone cameras could be poised to transform a number of industries, as ‘selfies’ transition from frivolous fad to technological phenomenon, according to a new report from Sony Mobile. The report and accompanying research, released in conjunction with Futurizon and based on a survey of 6,500 European consumers in the UK, France, Germany and Spain, found that consumers are open to the ‘vast number of potential applications’ for camera photography.

Working with futurologist Dr Ian Pearson, Sony Mobile explored a number of sectors likely to incorporate smartphone photography and selfies as a technological function in the future. The potential applications were wide-ranging, from theme parks building ‘selfie-coasters’ that let adrenaline-junkies capture their experience on the latest rides, to shoppers using it as a ‘virtual personal assistant’ to try on multiple outfits at the touch of a button. Once these applications were identified, more than 6,500 consumers provided their thoughts on the evolution of selfies as a social trend, and the appetite for these more functional uses of smartphone photography.

“The project has given us a real sense of how selfies and video calls have evolved, and why they could be set to transform so many different sectors”, said Jason Smith, Vice President, Middle East & Africa at Sony Mobile Communications.

“At Sony Mobile we face the dual task of designing smartphones that make consumers’ lives easier today, while keeping an eye on what the future holds and being part of driving innovation and change. We have always seen photography as being a key function at the heart of the smartphone and have already advanced front camera technology in our Xperia™ XZ for superior quality photos, so it’s incredibly exciting to find that consumers are ready to embrace selfies for such a wide range of future uses that enhance our everyday lives.”

The report identified the top 10 ways consumers believe selfies could evolve in the next five years:

Socialising: Taking a selfie with your companions to find out what they really think

  1. Medical: Over a quarter of people would prefer to see their GP via a selfie or video call, in the first instance
  2. Banking for the selfie generation: Nearly half of 25-34 year olds would feel more secure if accessing their bank through a ‘selfie password’
  3. In leisure: Around half of thrill-seekers would like to try a ‘selfiecoaster’ – a rollercoaster that puts you in control of capturing your experience on the ride
  4. In a gym / fitness: selfies that work with AI (Artificial Intelligence) to capture body monitoring e.g. testing heart rates and even suggesting how to improve on technique and how accurately a move is being performed
  5. Made to measure clothes: taking a 3D body image for made-to-measure clothes
  6. In retail: using your smartphone camera to try on different outfits suited to your body shape, at the touch of a button
  7. Social currency: paying for entry to the cinema or a tourist attraction through a selfie
  8. Robots: Using your smartphone to control drones or robots to take selfies from other or extreme locations
  9. Home: Using selfies to secure and access our homes and cars

Dr Ian Pearson, Futurologist and creator of the Future of Selfies report, added: “Through this report, it has been fascinating to chart the evolution of selfies and smartphone photography with the team at Sony Mobile. But even more encouraging has been the response from consumers, who have shown they are open to the range of future uses for selfies and video calls.”

“The results clearly show that selfies are well on their way to transitioning from frivolous fad to technological phenomenon, and provide food for thought to a number of industries. The potential is huge, and it will be exciting to watch this unfold over the coming years.”

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HTC U Ultra: It’s all about U

Introducing HTC U Ultra. Made for the brilliant you

It reflects U

Beautiful with its sophisticated new liquid surface

It learns from U

            Evolving as your companion, getting to know you better over time 

It puts U on top

            Convenient with a new Dual Display

It listens to U

Unique in adapting sound to your personal hearing

It captures the best U

Vivid light, color and detail with UltraPixel cameras front and back

Reflects U

Your ambitions – reflected

A new, beautifully 3D contoured, liquid surface that’s designed to reflect the best you

Lustrous, symmetrical, curved glass construction1 reflects light beautifully

Color from vapored minerals layered to add depth and brilliance from every angle

As the polished surface bends and blends seamlessly into the side of the phone

Allowing it to nestle perfectly in your hand.

Learns from U

Introducing HTC Sense Companion2

The personal companion who is always learning from you

Suggesting you dress warm and leave for work earlier on a snowy day

Or reminding you to charge if it figures you need more power to last until you get home

And even recommending the perfect restaurant when you’re away for the weekend

It knows you – and it’s made to evolve and get to know you better over time.3

Responds to U

Voice recognition – the most natural way to interact

HTC U Ultra can recognize your voice and respond, even if it’s asleep

Navigate your phone, take or reject calls, snooze or dismiss alarms, and more

Just say the word.

Puts U on top

Get updated, not interrupted

The new Dual Display gives you the information you need, at your fingertips

Perfect for fast, convenient access to the things you use the most

Like your favorite contacts, apps, reminders, event notifications and more

Because what’s important to you should always be right on top.

Listens to U

Every person’s inner ear is as unique as their fingerprint

HTC USonic4 analyzes your inner ears with a sonar-like pulse, and then adapts to you

Like having a sound engineer in your phone

Tiny microphones listen for the sonic reflection in your ears

One in the left ear, one in the right

Analyzing the reflected tone to optimize the headset just for you

Now you can hear the details you were missing.

Whether you’re in a library or at a party, you can adapt your headset to suit noise levels around you.

HTC BoomSoundTM Hi-Fi edition speakers deliver pulse-pounding audio

Featuring separated sound design like leading acoustic systems

Tweeter above, woofer below

While four omnidirectional mics capture positional sound

Recording 360-degree immersive audio that’s just like being there

At the rock show. In the concert hall. Anywhere you want.

Pick the best U

Take brilliant selfies anyway you like

Easily switch between 16MP and UltraPixelTM in the front camera5

So you can choose between unparalleled light sensitivity* of UltraPixel –

Perfect for candlelit dinners –

Or the high resolution of 16MP –

When you want the biggest shot with the most detail.

Captures U

Every phone camera claims to take great photos

Ours is rated the industry’s best

The 12MP UltraPixel main camera delivers less blur, faster focus, better photos at night

Because every photo is important to you, anytime, anywhere.

HTC U Ultra

Perfectly symmetric

Beautifully colored 3D curved glass

Exquisitely thin

Featuring HTC Sense Companion, HTC USonic with 3D Audio, and magnificent cameras

Built to reflect the best U – the #BrilliantU

Available early February 2017

There’s more for U è

HTC U Play: For the playful you

This is HTC U Play. The playful phone that fits perfectly in your hand

It reflects U

Beautiful with its sophisticated new liquid surface

It learns from U

            Evolving as your companion, getting to know you better over time

It listens to U

Unique in adapting sound to your personal hearing

It captures the best U

Vivid light, color and detail with UltraPixel cameras front and back

Reflects U

Shine on with the 5.2” smartphone designed to reflect the best you

A new, beautifully 3D contoured, liquid surface

Lustrous, symmetrical, curved glass construction1 reflects light beautifully

Color from vapored minerals layered to add depth and brilliance from every angle

As the polished surface bends and blends seamlessly into the side of the phone

We’ve paid special attention to each detail.

Learns from U

HTC U Play comes with HTC Sense Companion2

The personal companion who is always learning from you

It even comes with voice recognition built-in

So it’s able to respond to your voice –

Just say the word to navigate your phone, take or reject incoming calls,

Snooze or dismiss an alarm, send messages and even begin hands-free navigation.

It knows you – and it’s made to evolve and get to know you better over time.3

Listens to U

Every person’s inner ear is as unique as their fingerprint

HTC USonic4 analyzes your inner ears with a sonar-like pulse, and then adapts to you

Like having a sound engineer in your phone

Tiny microphones listen for the sonic reflection in your ears

One in the left ear, one in the right

Analyzing the reflected tone to optimize the headset just for you

Now you can hear the details you were missing.

Whether you’re in a library or at a party, you can adapt your headset to suit noise levels around you.

Captures U

Take brilliant selfies anyway you like

Easily switch between 16MP and UltraPixelTM in the front camera5

So you can choose between unparalleled light sensitivity* of UltraPixel

Or the high resolution of 16MP for whatever meets your need

The 16MP main camera delivers less blur, faster focus, better photos at night

Because you never want to miss that perfect moment.

HTC U Play

Perfectly symmetric

Exquisitely thin

Featuring HTC Sense Companion, HTC USonic adaptive audio, and 3D curved glass

Built to reflect the best U – the #BrilliantU

Available early February 2017

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Beloved Haute-Couture Chocolatier, Forrey & Galland Launches in Saudi Arabia Forrey & Galland delight VIP guests to a luxury chocolate inspired soirée

Forrey & Galland, a luxury retailer that specializes in chocolate, macarons, high-end porcelain products, and meticulous product packaging, opened its doors to Saudi Arabia on January 17th. To mark the memorable occasion Forrey & Galland invited royalty, ambassadors and VIPs to experience an evening full of luxury confectionary, classical music and a showing of their premium products specific to special occasions, such as baby showers and bridal gifts.

Originating from Paris over a century ago, Forrey and Galland have revitalized the brand by finding a new home in the Middle East. Isabelle Jaouen, founder and owner stated: “We pride ourselves on our rich French heritage. Our confectionary and porcelain is entrenched in hundreds of years of craftsmanship, and when guests visit Forrey & Galland they feel the luxurious Parisian experience. However, since our relocation to the Middle East our recipes and traditions have been heavily influenced by Arabian culture. Our dedicated chefs put hours of research into which Arabic ingredients improves our products, which has lead to Arabic flavours, spices, and even flowers included into our handmade chocolates.

After launching their flagship boutique in the iconic Dubai Mall, Mrs Jaouen, identified Riyadh as the prime location to progress the company’s expansion. Mrs jaouen continued: “Similarly to Parisians, the Riyadh community often search for fine quality; whether that be in clothing, dining or of course, chocolate! We’re extremely excited with this new endeavor, and we cannot wait to introduce ourselves to all of our Saudi friends.”

Forrey and Galland’s new boutique can be found in Fiorenza La Piazza Takhassusi street, Al Mohammadiyah, Riyadh, and is open from 10:00 AM to 11:00 PM. For more information regarding their products and offers please visit forreyandgalland.com.

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One Billion Step Challenge Gets Saudi Arabia Moving Saudi community to help realize the Saudi 2030 vision by taking one billion healthier steps

With the aim of creating a nationwide health movement, in line with its Corporate Social Sustainability Strategy, Nahdi, leading Saudi pharmaceutical retailer, has launched the ‘One Billion Step Challenge’, an interactive program that aims to create a healthy community by promoting physical activity.

The one month program, promotes the concept of a holistic health change and encourages the Saudi community to get active in a self-managed program to safeguard their future health and wellbeing. The program also encourages people to step up their daily physical activity, moderately, by walking 10,000 steps a day.

Collectively with the people of Saudi, Nahdi aimed to reach one billion steps by the end of January 2017, however, during Nahdi’s activation event which was held this Friday at the Tahlia Mamsha in Jeddah, Nahdi’s CEO announced a new target of 2 billion steps by the end of the event, which is equivalent to 1,372,000 kilometers or just a bit farther than a round-trip to the Moon and back.

Eng. Yasser Joharji, CEO of Nahdi, stressed on the importance of spreading health and wellness awareness on an ongoing basis and said: “We are committed to building a sustainable community, by creating a healthier and wholesome environment for our people and community, and through this creative program, we aim to trigger a nationwide health movement that will add more beats to their hearts.”

“This national movement is one of our various approaches in supporting the Saudi 2030 vision, which encourages people to living healthy and being healthy. There has been a substantial rise in obesity levels in the Kingdom and through this program we want to collectively encourage the people of Saudi make their next steps count for a cause that they love.” He added

Throughout the campaign, Nahdi will be holding activation events across major cities in the Kingdom, these include; King Abdullah Mamsha on the 20th of January in Riyadh and Damam Corniche on the 27th of January.

To start accumulating steps, download Nahdi’s mobile application and activate the billion step challenge pedometer feature. The application provides users with several features such as measuring the number of steps a participant takes during daily routines and calculating the number of calories burnt, the results will then be downloaded where participants can monitor their overall performance and achievements. Participants will be able to share their results through application and on their social media platforms, in addition to challenging three of their friends on social media to join the campaign and walk 10,000 steps.

As part of its unwavering commitment to promoting hope amongst the local community, Nahdi continuously works to incite health education and prevention. As a community centric pharmacy, the company works hard to contribute to the general healthcare of the society, by providing high quality products and services.

Don’t forget to tag us on: #تحدي_المليار_خطوة

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Dur Hospitality celebrates its 4 Decades of Success

40 years of dedication, excellence and contribution to the hospitality sector was the theme of Dur Hospitality’s celebration on December 27th 2016, at the Marriott Riyadh.

The ceremony which was attended by former presidents, board members and employees in addition to official representatives from both the public and private sector, enjoyed previewing Dur’s 4 decades of success and the key milestones that shaped the company’s journey.

During the ceremony, Former CEO’s, board members and employees were awarded in recognition to their efforts and support throughout their career with Dur, and this awarding embodies values of loyalty which is at the core of the Company’s values since its establishment.

On this occasion, Mr. Abdullah Al Essa, Chairman, Dur Hospitality, initiated the ceremony with a very touching speech highlighting the establishment of the company and the key milestones witnessed. Dur’s 40 years witnessed the evolution of the hospitality industry in the Kingdom of Saudi Arabia, and the contribution of great men who established and reshaped the hospitality industry, and led to the having it as a Key vital sector of the Saudi Economy.

Mr. Abdullah Al Essa praised the role of the Board members, valuing their efforts and expressing his pride to be a member of the founding family of Dur Hospitality and he concluded “With 2.37 billion Riyals worth of assets and more than 21 properties, 6 projects under development and 10 10 under valuation and design, We gather today to celebrate the success of Dur Hospitality.”

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