NEWS DESK GCC Saudi Arabia

Celebrating Saudi Arabia’s Achievements At The Esameyoon 2023

News Editor 02/03/2023

Esameyoon recognizes Saudi entrepreneurs who have achieved success in the business world. Mohammed Ibrahim Al-Subaie and Sons Investment Co. (MASIC) started the event in 2019. This year’s event brought together leaders from both the public and private sectors.  Participants

Business GCC Saudi Arabia

BFL Group strengthens presence in KSA

News Desk 27/02/2023

Saudi Arabia, February 27, 2023: Brands For Less (BFL) Group, one of the leading off-price and multi-brand retailers of the region, expanded its footprint in Saudi Arabia with the launch of a new store in Othaim Mall Rabwa, Riyadh; in light with the increasing retail activities across the country. The new store was inaugurated on […]

NEWS DESK GCC Saudi Arabia

Celebrations are in the Air as the Saudi Arabia Founding Day Begins

News Editor 24/02/2023

Celebrations are in the air, and the excitement is palpable as the kingdom of Saudi Arabia begins preparations for the Saudi Arabia founding day. Under this celebration, the country has declared Wednesday, February 22, 2023, as a national holiday for workers in the public and private sectors. The incoming foundation day is the second of […]

NEWS DESK GCC Saudi Arabia

Saudi Arabia ranks first internationally in the Global Knowledge Index 2022

News Desk 23/02/2023

February 23, 2023- The Global Knowledge Index (GKI) 2022, launched by the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) in cooperation with the United Nations Development Program (UNDP), ranked Saudi Arabia first in two categories, including “percentage of the population using the internet” and “percentage of individuals with standard

NEWS DESK GCC Saudi Arabia

Saudi Arabia to Donate a Significant Amount of Humanitarian Aid in Earthquake Relief to Turkey

News Editor 23/02/2023

The Saudi Arabian government has set up an initiative called the Sahem Program to collect monetary donations to aid the rescue and recovery of earthquake victims in Turkey. This amount has coalesced to USD71 million in addition to the kingdom’s pledge of USD 100 million in relief efforts for the Earthquake. What are the Specifics of the […]

NEWS DESK GCC Saudi Arabia

THA Staffing Expands Operations To Saudi Arabia

News Desk 21/02/2023

Dubai, UAE – February 2023: THA Staffing, one of the leading staffing solutions providers in the region, announced today its expansion into Saudi Arabia, in response to the growing demand for event experts in the country. With a special focus on servicing the entertainment sector across the Kingdom, THA Staffing has deployed over 1,000 personnel across […]

NEWS DESK GCC Saudi Arabia

Saudi Arabia is in an Unprecedented Partnership with Sandbox to Effect plans for a Future Metaverse.

News Editor 21/02/2023

It is official; the Kingdom of Saudi Arabia has partnered with the Sandbox to explore, advise, and support the metaverse development. This move by the Saudi Arabian government is expected as the country has recently been invested in promoting the metaverse to realize its vision for 2030. What are the Specific Details of the Relationship […]

NEWS DESK GCC Saudi Arabia

Saudi Arabia Continues to Hold its Hand in the Production of Oil as it Sounds a Cautionary Note

News Editor 18/02/2023

Prince Abdulaziz bin Salaman, the Saudi Arabi minister of Energy, recently declared that the Kingdom would continue to stay its hand in oil production amidst increasing global demands. This move is in response to the predicted hike in the price of oil and the impact it may have on the liquidity of oil markets and […]

NEWS DESK GCC Saudi Arabia

MENA Paytech Brands Flock to Saudi Arabia for LEAP 2023

News Desk 17/02/2023

Riyadh, Saudi Arabia (February 17, 2023):  Tap Payments made waves at LEAP 2023 in Riyadh, Saudi Arabia, as they announced a record-breaking number of deals signed at the conference. Tap, known for its innovative and cutting-edge payment technology, was the Official Payment Partner at LEAP 2023 and has already made a big impression on the global […]

NEWS DESK GCC Saudi Arabia

The Public Investment Fund is Set to Place Saudi Arabia on a Path to Increased Growth

News Editor 16/02/2023

Saudi Arabia is to attract local and international opportunities with the inception of the Public Investment Fund. The fund is to promote economic diversification in the country through strategic international and domestic investment. Undoubtedly, the fund will set Saudi Arabia on an increased pace to a significant positive growth curve. Why the Public Investment

Business GCC Saudi Arabia

Biban 2023: Saudi Arabia’s flagship SME forum returns to unite the world’s most innovative start-ups, entrepreneurs, and investors

Middle East News 247 16/02/2023

Riyadh, Saudi Arabia — Biban, Saudi Arabia’s largest start-up, SME, and entrepreneurship conference, is returning to the Riyadh Front Exhibition & Conference Center between March 9 and March 13, 2023. Organized by Monsha’at, the Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, this year’s event welcomes its largest audience ever, with […]

Business GCC Saudi Arabia

Atkins secures Delivery Partner role for THE LINE, NEOM’s flagship urban development in Saudi Arabia

Middle East News 247 16/02/2023

Riyadh, Saudi Arabia — Atkins, a member of the SNC-Lavalin Group, has been appointed as a Delivery Partner organization for THE LINE at NEOM in the Kingdom of Saudi Arabia. A civilizational revolution that will have no roads, cars or carbon emissions, THE LINE is set to provide an unprecedented urban living experience. A linear […]

Business GCC Saudi Arabia

SAUDIA CARGO AWARDS MULTI-STATION CONTRACT TO WORLDWIDE FLIGHT SERVICES

News Desk 15/02/2023

Jeddah, Saudi Arabia: Saudia Cargo has officially awarded a landmark multi-station contract to Worldwide Flight Service (WFS), which significantly extends cargo handling services across major key airport gateways in Europe and the United States of America. The contract was formally signed by Teddy Zebitz, CEO of Saudi Cargo, and John Batten Executive Vice President of […]

NEWS DESK GCC Saudi Arabia

Saudi Arabias Mega Project, Neom, has Begun Effecting positive Changes in Human Resources within The Country

News Editor 15/02/2023

In 2017, the kingdom of Saudi Arabia made a bold decision in line with its vision 2030. It unveiled its plan to build a smart city – Neom across the desert North-West of the country. The proposed city was to be a spotless one without carbon emissions and cars. Almost six years later, it is […]

NEWS DESK GCC Saudi Arabia

Saudia Cargo Receives Top Honor at Logistics and Transport KSA Awards

News Desk 15/02/2023

Jeddah, Saudi Arabia, 15 February 2023: Saudia Cargo’s leading position in the industry was recognized by the Logistics and Transport KSA Awards who named the company as the winner of ‘Airline of the Year’ for 2023 in its Cargo category. The distinguished ceremony took place at the Fairmont Hotel in Riyadh, where Saudia Cargo received […]

NEWS DESK GCC Saudi Arabia

Unifonic selected for Saudi Unicorns Program

News Desk 15/02/2023

February 15, 2023: Unifonic, the leading communications platform and Communications Platform as a Service (CPaaS) provider in the Middle East, has been selected to be a part of the Saudi Unicorns Program that aims to support regional start-ups to achieve billion-dollar market value in the Kingdom of Saudi Arabia. Unifonic’s selection was announced during LEAP […]

NEWS DESK GCC Saudi Arabia

Saudi Re wins ‘Reinsurance Company of the Year’

News Desk 15/02/2023

(Riyadh): The Saudi Reinsurance Company (Saudi Re) won the “Reinsurance Company of the Year” award at the prestigious 10th Middle East Insurance Industry Awards. The award ceremony was hosted by MENA IR in Dubai and highlighted this new regional success for the company. The MENA IR awards are regarded as one of the most prestigious awards in the […]

Business GCC Saudi Arabia

Jadwa Investment Awarded Best Asset Manager at Saudi Capital Market Forum

Middle East News 247 14/02/2023

Riyadh, Saudi Arabia — Jadwa Investment, a leading investment management and advisory firm in the Middle East, was awarded Best Asset Manager for 2022 as part of the Saudi Capital Market Awards announced at the Saudi Capital Market Forum yesterday. The award was presented by Eng. Khalid Abdullah Al-Hussan, CEO of Saudi Tadawul Group, and […]

Business GCC Saudi Arabia

Atkins expands business presence in Saudi Arabia with new office in AlUla

Middle East News 247 14/02/2023

AlUla, Saudi Arabia — Atkins, the leading global design, engineering and project management consultancy, has expanded its business presence in the Kingdom of Saudi Arabia with the opening of a new office in AlUla as part of its regional growth strategy. Atkins’ AlUla office will play a key role in supporting existing and new projects […]

Business GCC Saudi Arabia

Clarity AI signs MoU with the Saudi Tadawul Group to Increase Access to Sustainability Assessment, Analysis and Reporting Capabilities for Companies in MENA

Middle East News 247 14/02/2023

RIYADH, Saudi Arabia — Clarity AI, the leading global sustainability tech platform, has signed a Memorandum of Understanding (MoU) with the Saudi Tadawul Group, the largest stock exchange in the Middle East and North Africa (MENA) region with a market capitalization nearing $3 trillion, to facilitate the education of companies in the Kingdom of Saudi […]