Japan’s Canon to launch operations in KSA

A man walks past a Canon sign in Tokyo. The imaging giant plans to start operations in Saudi Arabia. (Reuters)
Updated 06 June 2018

Japan’s Canon to launch operations in KSA

  • Aims to hire 300 by 2020
  • Part of regional expansion

LONDON: Saudi Arabia’s drive to attract foreign investment racked up another success on Wednesday when Japanese multinational Canon revealed plans to set up operations in Riyadh, Jeddah and Alkhobar, employing 300 by 2020.

The cameras, photocopiers and medical imaging giant has been operating in the UAE where it employs 260, but is now targeting KSA as it expands in the Middle East and North Africa.

Anurag Agrawal, managing director, Canon Middle East, said, “Saudi Arabia is witnessing a transformation into a more diversified economy with several industries developing and establishing a presence in the region’s largest market.”

The Japanese hope that demand for Canon products will come from small and medium enterprises (SMEs), which make up 90 percent of all enterprises in Saudi Arabia, and which require efficient digital systems to prosper.

Saudi Arabian wants to lift the GDP contribution of SMEs to 35 percent by 2030.

Canon will back the country’s Saudization program by employing Saudi nationals, including women, as modernization takes hold.

Flight rights group takes Ryanair to court over strike compensation

Updated 15 August 2018

Flight rights group takes Ryanair to court over strike compensation

  • Ryanair had to cancel around 1 in 6 flights last week due to a walk-out by pilots in five European countries
  • The disruption affected 55,000 travelers

BERLIN: German passenger rights company Flightright is taking Ryanair to court over whether it should pay financial compensation to passengers affected by strikes at Europe’s largest low-cost carrier.
Ryanair had to cancel around 1 in 6 flights on Friday due to a walk-out by pilots in five European countries, disrupting an estimated 55,000 travelers.
The worst affected country was Germany, where 250 flights affected around 42,000 passengers.
EU rules state that passengers can claim monetary compensation of up to €400 for flights within the region for canceled or delayed flights, unless the reason is extraordinary circumstances, such as bad weather.
Strikes have generally fallen under extraordinary circumstances although a ruling by the European Court of Justice in April said that a wildcat strike by staff at German airline TUIfly following a restructuring could not be classed as extraordinary circumstances. Flightright said it believes Ryanair is therefore obliged to pay monetary compensation to customers and so has filed a complaint with a court in Frankfurt in a bid to clarify the rules around strikes.
A spokeswoman for the court said she was aware of the Flightright statement, but that she had not yet seen the complaint.
Ryanair said it fully complies with the European legislation on the matter, known as EU261.
“Under EU261 legislation, no compensation is payable when the union is acting unreasonably and totally beyond the airline’s control. If this was within our control, there would be no cancelations,” a spokesman said.
Passenger rights groups such as Flightright help passengers to claim compensation from airlines under EU261 rules but in exchange for a share of the compensation received.
Many European airlines, including Ryanair, therefore urge passengers to file claims with them directly instead.