Real estate sector gears up for Gulf Property Show

Jubran Abdulrahman, HCE managing director, and Daniel Taylor, CFO of First Bahrain Real Estate Development, developers of El Mercado Village.
Updated 07 November 2018
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Real estate sector gears up for Gulf Property Show

The Gulf Property Show is gearing up for its debut event in a mall in Bahrain, The Avenues, from Nov. 21-24. The mall event will promote a retail route for property investors in the GCC from Saudi Arabia, Oman, the UAE and Kuwait by taking advantage of the attractive visitor location of Bahrain’s top leisure and entertainment destination — The Avenues. Hilal Conferences and Exhibitions (HCE) Managing Director Jubran Abdulrahman said: “When we launched the Gulf Property Show in 2012 we started with a simple vision, which was to create a dedicated real estate platform promoting property developments and related services from Bahrain, the Gulf and the wider international market place.” The creation of the Gulf Property Show at The Avenues was born out of the demand from exhibitors. “After months of detailed market research and customer consultation, we are delivering an exhibition dedicated to build on the Gulf Property Show’s reputation of being invaluable for sales and investment opportunities for both developers and visitors, and it will coincide with Bahrain’s marquee event, Jewellery Arabia 2018,” said Ahmed Suleiman, exhibitions director of HCE. The property show has already attracted participation from a number of developers and companies who will be providing a variety of projects from Bahrain, the UAE, UK and Turkey. “The projects on show to visitors provide excellent investment potential with entry point purchase starting at under 45,000 Bahraini dinar ($119,376) for prime real estate. There are exciting opportunities for investors available at the show and our team will be promoting this to the wider community,” added Abdulrahman. The Gulf Property Show carries the strategic sponsorship of El Mercado Village and the strategic organizational support of the Real Estate Regulatory Authority of Bahrain (RERA), Survey and Land Regulatory Bureau (SLRB) and the Urban Planning and Development Authority of Bahrain.


STC wins Ookla award for fastest network in KSA

A man passes the Saudi Telecom STC office in Riyadh, Saudi Arabia February 6, 2018. (REUTERS)
Updated 20 January 2019
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STC wins Ookla award for fastest network in KSA

Ookla, the company behind Speedtest for internet testing and analysis, has recognized Saudi Telecom Company (STC) as the “fastest mobile network” in Saudi Arabia. STC achieved a speed score of 29.99 Mbps, with an average download speed of 32.95 Mbps.
The award is an outcome of millions of tests actively initiated by customers across the network to check internet speeds using various applications, and web and mobile platforms.
The Speedtest awards for top providers are determined using a “Speed Score” that incorporates a measure of each provider’s network speeds (download and upload) to rank network speed performance. The STC network was determined as the fastest in the Kingdom.
The telecom giant plans to increase this speed dramatically in the next couple of years to provide “impressive speeds and incorporate future services with KPIs (key performance indicators) targeting higher data rates, very low latency, massive device connectivity, IoT and energy efficiency services.” To achieve this, STC is transforming its existing network, upgrading its 4G-LTE network and rolling out the 5G network.
Haithem Al-Faraj, senior vice president, tech and ops, STC, said: “Our mission has always been to enrich society by providing second-to-none experience with the network. We are continuously improving our network speeds and rolling out new network technologies and services. STC 4G network is transforming all the time to provide remarkably faster speeds.”
He added: “We are also commercially rolling out the 5G network to introduce innovative services to our deserving customers in the Kingdom of Saudi Arabia and across the region. This esteemed Ookla award is a true manifestation of STC efforts to continually improve the network and get the network ready for the digital era, and to meet the Kingdom’s Vision 2030.”
We are very proud of this award and look forward to many similar awards and successes in the near future.”
STC is playing a pivotal role in the Kingdom’s Vision 2030 as an enabler for digital transformation in the public and private sectors and in the development of telecommunications and ICT infrastructure.