ThinkSmart Gulf joins Microsoft's 50th anniversary in a bid for GUINNESS WORLD RECORDS™ while upskilling gulf's Workforce
By joining Microsoft AI Fest, individuals across the Gulf will not only take part in a GUINNESS WORLD RECORDS™ attempt but will also gain future-ready AI skills, boosting their careers while accelerating the region's transformation into a global AI hub. Join us in making history.
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Syyaha
4 days ago
- Syyaha
ManageEngine Endpoint Central Delivered 442% ROI According to Total Economic Impact Study
RIYADH, Saudi Arabia – 6 August, 2025 — ManageEngine, a division of Zoho Corporation and a leading provider of enterprise IT management solutions, today announced the findings of a commissioned Total Economic Impact™ (TEI) study, conducted by Forrester Consulting, of Endpoint Central, its unified endpoint management and security (UEMS) platform. The study revealed that a composite organization, which is a representative of interviewed customers, realized a 442% return on investment (ROI) over three years and achieved a full payback within six at capturing real-world outcomes experienced by enterprises using ManageEngine's UEMS platform, the study also found that interviewed customers gained $4.5 million in total benefits over three years, with a net present value (NPV) of $3.7 million. The exercise was carried out independently by Forrester through in-depth interviews with four customers and financial modeling of a composite organization.'We've always aimed to deliver meaningful outcomes through Endpoint Central, and it's rewarding to see those results consistently reflected in our customers' experiences—and now quantified in this TEI study,' said Mathivanan Venkatachalam, vice president of ManageEngine. 'Many of our customers have significantly reduced operational overhead and administrative burden by replacing multiple tools with Endpoint Central. That's exactly the kind of outcome Endpoint Central was built to deliver.'Key Findings from the StudyWhile ROI is a key outcome, Endpoint Central's broader business impact is evident in the following significant gains realized across productivity, cost, and performance: Endpoint Central helps streamline IT operations, enhancing endpoint security, reducing costs, and boosting productivity for a decentralized workforce Offers improved device compliance and reduced cyber insurance costs by strengthening endpoint security posture View the complete TEI study at: Reduced manual patching effort by up to 95% through automated patch management, resulting in $913,000 in productivity gains over three years. Legacy tool consolidation through Endpoint Central led to over $1 million in savings over a three-year period. Secure self-service and remote troubleshooting across IT functions were implemented, reducing help desk effort and improving end-user efficiency. Improved real-time visibility and control over hardware and software assets and efficient reclamation of unused licenses. Elimination of manual report generation through automated endpoint analytics and reporting per the study, Endpoint Central also enhanced the IT team's ability to support users across geographies and work models through its unified interface and management capabilities. Customers experienced greater endpoint stability and improved end-user experience due to reduced downtime and fewer operational efficiency, customers also shared real-world gains in compliance, security posture, and insurance savings. 'Our compliance rate of devices went from 70% to more than 95% after using Endpoint Central. Devices are much more stable and easier to manage. We were even able to save cyber insurance costs due to this increased security posture,' said an IT director in the software services industry in the study. For the complete findings, download the 2025 Forrester Total Economic Impact™ study of ManageEngine Endpoint Central here.
Gulf Insider
02-08-2025
- Gulf Insider
Saudi Arabia To Build Over 1,000 Rainwater Dams In Major Sustainability Push
Saudi Arabia will construct more than 1,000 rainwater harvesting dams across the country as part of a landmark national drive to ensure water sustainability and strengthen environmental resilience, the Kingdom's Minister of Environment, Water and Agriculture has announced. Described as one of the most ambitious undertakings in the Kingdom's environmental transformation, the initiative aligns with the broader objectives of Saudi Vision 2030. Speaking at a press briefing in Riyadh, Minister Abdulrahman Al Fadley outlined the Kingdom's accelerating progress under the National Environment Strategy. The wide-reaching agenda is transforming policy, regulation, infrastructure, and investment across the environmental and water sectors. The planned dams are expected to harvest a combined annual capacity of four million cubic metres of rainwater. The collected water will support groundwater recharge, agriculture, and the restoration of natural ecosystems. The announcement coincided with an update on the Saudi Green Initiative, which aims to plant 10 billion trees and rehabilitate 40 million hectares of degraded land. To date, more than 151 million trees have been planted, and over 500,000 hectares of land have been restored. The number of national parks has soared from 18 to over 500. Protected terrestrial areas now span 18 per cent of Saudi Arabia's territory, while marine protected zones have expanded by 260 per cent since 2016. Additionally, more than 8,000 endangered species have been successfully reintroduced to their native habitats. Saudi Arabia has also introduced robust regulatory frameworks for environmental protection, meteorology, and waste management — two of which are being implemented for the first time in the country's history. Five specialised environmental centres have been established, alongside the launch of the region's largest environmental fund to finance green projects and encourage private-sector involvement. Al Fadley highlighted a sharp rise in enforcement and compliance activities: Over 173,000 environmental inspections conducted 456 licences issued to environmental service providers More than 40,000 permits granted — a 660 per cent increase since the establishment of the National Center for Environmental Compliance Air quality is now monitored nationwide, supported by 240 active stations and expanded meteorological coverage using advanced forecasting systems. Saudi Arabia's strides in water sustainability have drawn global recognition. The Kingdom has doubled its water production since 2016 to 16.6 million cubic metres per day — 75 per cent of which is desalinated seawater — making it the world's largest producer of desalinated water. Strategic water storage capacity has surged by 600 per cent, and daily delivery now reaches more than 22,000 population centres, including mountain communities located up to 3,000 metres above sea level. The volume of reused water has risen from 251 million to 550 million cubic metres, now comprising 32 per cent of total water use. Energy consumption in the water sector has been reduced by 50 per cent, thanks to efficiency programmes led by the National Center for Water Efficiency and Conservation. Saudi Arabia's water policies have earned it international recognition, with the United Nations Water Conference naming the Kingdom a global model for sustainable water management under Sustainable Development Goal 6. Completed water projects now exceed SR230 billion in value, including SR10 billion in public infrastructure and more than SR45 billion through private-sector partnerships. The Kingdom is also placing increased emphasis on food security. Agricultural GDP has reached SR118 billion — an 8 per cent rise from last year and a 39 per cent increase since 2020. Domestic food production now stands at 12 million tonnes, with Saudi Arabia achieving full self-sufficiency in dates, milk, and eggs, along with high sufficiency rates in vegetables and poultry. The Kingdom also remains the world's leading exporter of dates.
Biz Bahrain
01-08-2025
- Biz Bahrain
Seef Properties reports Bd2.7 Million Net Profit Attributable to shareholders of the parent for the six-month period ended 30 June 2025
Seef Properties B.S.C. (Bahrain Bourse Trading Code: SEEF) announced its financial results for the second quarter ended 30 June 2025 and six months period ended 30th June 2025. The Company reported a net profit and comprehensive income attributable to the parent of BD 1.5 million during the second quarter of 2025, compared to BD 1.7 million for the same period of the previous year, a decrease of 13.3%. The change is attributable to increased market competition and economic fluctuations. Diluted earnings per share attributable to the parent for the first quarter of 2025 amounted to 3 Fils, compared to 4 Fils for the same period the previous year. The Company's operating profits stood at BD 2.9 million for the second quarter of 2025, compared to BD 3.2 million for the same period in the previous year, a decrease of 9.3%. The Company reported a net profit and comprehensive income attributable to the parent of BD 2.7 million for the six-month period ended 30th June 2025, compared to BD 3.1 million for the same period last year, a decrease of 12.9%. Basic and diluted earnings per share attributable to the parent for the six months period ended 30th June 2025 amounted to 6 fils, compared to 7 fils for the same period of the previous year. The Company reported a decrease in operating profit for the period ended 30th June 2025 by 10.4%, reaching BD 5.8 million, compared to 6.5 million for the same period of the previous year. Revenues for the period ended 30th June 2025 decreased by 9.7%, reaching 7.5 million, in comparison with the BD 8.3 million reported in the same period last year. The Company's total equity (after excluding the equity attributable to minority) for the second quarter of 2025 decreased by 0.9%, reaching BD 160.4 million, compared to BD 161.8 million for the same period in the previous year. Total assets for the second quarter decreased by 1.4 %, reaching BD 174.7 million compared to BD 177.1 million for the same period in the previous year. Commenting on these results, Seef Properties Chairman, Mr. Essa Mohamed Najibi stated: 'Our strategy continues to focus on diversifying our portfolio and enhancing the performance of our existing assets. Our balanced business model has helped us achieve several important milestones, including the signing of a second agreement to develop a large-scale mixed-use project in the Kingdom of Saudi Arabia. This is in line with our regional expansion plans and our ambition to share Seef Properties' expertise in real estate development, hospitality, and entertainment, while also building strategic partnerships that position us as a key contributor to Bahrain's economic growth and achieving the objectives of Economic Vision 2030.' Mr. Najibi expressed appreciation for the Kingdom's continued national achievements under the leadership of His Majesty King Hamad bin Isa Al Khalifa, and the follow-up of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister. He added: 'Seef Properties remains committed to its role as a leading national company that contributes to economic development while consistently delivering value to shareholders and customers. Looking ahead, we will focus on launching high-quality, distinctive projects that respond to market needs, support urban growth in the region, and boost our competitive edge. We will continue investing in initiatives that reinforce Bahrain's leadership position and support its sustainable development goals.' Seef Properties Chief Executive Officer, Mr. Ahmed Yusuf said: 'At Seef Properties, we are executing a well-planned strategy to boost occupancy across our developments through targeted and attractive initiatives. In line with this, we have begun implementing our redevelopment plans, which mark an important new phase for the company. We are preparing for a full-scale transformation of Seef Mall – Seef District, reintroducing it in a modern form that reflects evolving visitor expectations through facility upgrades, service improvements, and new concepts that blend comfort with variety. We are also working to attract more top-tier local and international tenants and to diversify the mix of services offered to visitors. As a result, we have seen an increase in occupancy levels and signed new agreements that support our portfolio growth and enhance revenue sustainability.' Mr. Yusuf added: 'We are equally focused on enhancing visitor experience through environmentally conscious initiatives, most notably our solar energy project, which will supply clean electricity to all our commercial destinations. This is in line with our vision to improve quality of life in the Kingdom of Bahrain and support its commitment to meeting the highest global sustainability standards.'
