Markets GCC NEWS DESK Saudi Arabia

One million users sign up for Saudi Arabia’s first social network

PR News Desk 10/09/2023 0

Jaco platform aiming for 5 million users by the year-end September 10, 2023: In his first appearance on the business stage of Saudi Arabia’s first social network, Jaco’, Saudi entrepreneur Fahd Al-Shidi, the project supervisor, announced that the team expects to reach five million users

Logistics Business GCC Saudi Arabia

‘Landmarks In Logistics KSA Summit 2023’ set for Jeddah City

Arnold Pinto 04/09/2023 0

Inaugural event focuses on the Middle East logistics sector The inaugural edition of ‘Landmarks In Logistics KSA Summit 2023’ is set to be held at the InterContinental Jeddah on September 6, 2023, as Saudi Arabia moves into pole position as a global logistics and supply chain hub spearheaded by its excellent rail, air, sea, and […]

Logistics Events GCC Saudi Arabia

Want Al-powered logistics? Visit Shipsy at Seamless Saudi Arabia 2023

Arnold Pinto 02/09/2023 0

Company is an associate sponsor of the B2B event in Riyadh Shipsy, a leading global intelligent logistics management solutions provider, will showcase its innovative digital transformation, sustainability, and AI-driven logistics solutions when the logistics SaaS company exhibits at Seamless Saudi Arabia 2023. Being held at Riyadh Front, in Riyadh City, from September 4-5,

Sustainability Events GCC Lifestyle Saudi Arabia

Saudi nature reserve to feature at ADIHEX 2023 in Abu Dhabi

Arnold Pinto 30/08/2023 0

The reserve is home to 60+ native animals and 120+ plant species Saudi Arabia’s Imam Turki Bin Abdullah Royal Reserve Development Authority (ITBA) will participate as a regional exhibitor at the 20th Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX), in the UAE capital from September 2-8, 2023. The popular annual event is the largest […]

Finance GCC Saudi Arabia Space

Axiom Space gets AED1.2 billion in a Saudi-led funding round

Arnold Pinto 29/08/2023 0

Axiom Space, the Houston-based space and aerospace company building the world’s first commercial space station in low-Earth orbit (LEO), has secured AED1.2 billion ($350 million) in its latest funding round. With the latest investment round being led by Riyadh-based AlJazira Capital and Seoul-headquartered Boryung and supported by backers that include deep-tech venture

Hospitality GCC Saudi Arabia

Hilton Riyadh Hotel & Residences promotes its special offers for August

Arnold Pinto 25/08/2023 0

Hilton Riyadh Hotel & Residences is reaching out to Saudi residents and visitors to the Saudi capital to avail of special price promotions across its international culinary outlets, spa, and meeting rooms for corporate guests this August. The F&B promotions at the hotel’s on-site restaurants are valid for in-house guests and external diners. The hotel […]

Aviation GCC Saudi Arabia UAE

Dubai Airshow will feature Riyadh Air’s Boeing 787-9 Dreamliner for the first time

Arnold Pinto 10/08/2023 0

Riyadh Air, the newly launched Riyadh-based national airline, will exhibit its flagship Boeing 787-9 Dreamliner passenger aircraft at the Dubai Airshow taking place at Dubai World Central (DWC) airport from November 13-17, 2023. Making the announcement on August 9, 2023, Tarsus Aerospace, organiser of the Dubai Airshow 2023 also confirmed that Perceetech Group, a US- […]

Sport GCC Saudi Arabia

Saudi sovereign wealth fund netting world-class football talent

Arnold Pinto 08/08/2023 0

Flush from its prior success in golf, Saudi Arabia’s Public Investment Fund (PIF) is now redirecting its focus to the world’s most beloved sport: football. Having made waves in the Premier League by acquiring Newcastle United two years ago, the Saudi sovereign wealth fund is intensifying its efforts to shine a spotlight on the domestic […]

Entertainment GCC Lifestyle Saudi Arabia

FIRST EDITION OF SAUDI FILM CONFEX SET TO DEBUT IN RIYADH

News Desk 08/08/2023

Riyadh, Kingdom of Saudi Arabia, 7 August 2023: The Saudi Film Commission is expected to debut its new industry event, the Saudi Film Confex, in Riyadh later this year. Running from 1-4 October in BLVD Expo, the four-day conference and exhibition will lay the foundations for the Kingdom’s future film industry ventures and will attract […]

Hospitality GCC Saudi Arabia

UNMISSABLE OFFERS AT HILTON RIYADH HOTEL & RESIDENCES THIS AUGUST

News Desk 06/08/2023

Riyadh, Saudi Arabia, 02 August 2023: As we move into the latter half of the year, Hilton Riyadh Hotel & Residences, one of Riyadh’s most conveniently located and multipurpose hotels, is inviting guests to take advantage of some unmissable offers on its world-class F&B outlets and spa to be enjoyed with family and friends indoors, as well […]

Tech GCC Saudi Arabia

SANS Institute to Empower Saudi Enterprises with SANS Riyadh Cyber Leaders Training Course

News Desk 03/08/2023

Riyadh, Saudi Arabia, August 032023 – SANS Institute, the global leader in cyber security training and certifications, announced its upcoming training program SANS Riyadh Cyber Leaders 2023, to be held from August 20 – 24, 2023, at the JW Marriott Hotel Riyadh. In an increasingly complex threat landscape, this intensive course is designed to empower […]

NEWS DESK GCC Saudi Arabia

SHUAA launches new Sharia-compliant Saudi Equity fund

News Desk 31/07/2023

United Arab Emirates, 31 July 2023: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, announced the launch of a new Sharia-compliant fund under the Incorporated Cell Company (“ICC”) umbrella, domiciled in Abu Dhabi Global Market (ADGM) and managed by SHUAA GMC Limited (“SHUAA GMC”), the wholly-owned regulated

NEWS DESK GCC Saudi Arabia

Saudi Arabia boards show a preference for experienced directors with CEO backgrounds to power Vision 2030

News Desk 26/07/2023

Riyadh, KSA – 26 July, 2023 – Heidrick & Struggles today launched the second Board Monitor report in Saudi Arabia. With Vision 2030 driving accelerated growth for companies in the country, the composition of Saudi boards is evolving to meet the demands of this era of innovation, diversification and growth.   50 new board appointments […]

Energy GCC Saudi Arabia

SAUDI HUNTS FOR CRITICAL MINERALS IN ENERGY TRANSITION

News Desk 26/07/2023

Dubai, United Arab Emirates – 26 July, 2023:  Saudi state mining giant Ma’aden and US-based Ivanhoe Electric have closed a deal to investigate 48,500 sq km of under-explored lands in the Arabian Shield for “critical minerals” that are key to powering the global energy transition. Surveys could begin as soon as September in the new […]

Business GCC Saudi Arabia

Saudi Fund for Development signs a $10 million loan agreement to construct business incubation centers in the Bahamas

Middle East News 247 22/07/2023

Riyadh, Saudi Arabia — The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed the first development loan agreement worth $10 million in SFD’s headquarters in Riyadh with Hon. Isacc Chester Cooper, Deputy Prime Minister and Minister of The Bahamas Ministry of Tourism, Investments & Aviation. The agreement involves the construction

Energy GCC Saudi Arabia

ENGIE and PIF sign MoU to jointly develop Hydrogen projects in Saudi Arabia

shahil muhammed 13/07/2023

ENGIE and PIF sign MoU to jointly develop Hydrogen projects in Saudi Arabia   Riyadh, Saudi Arabia, July 13, 2023: ENGIE, the leading provider of low-carbon energy services and solutions for integrated utilities management, has signed a memorandum of understanding (MoU) with the Public Investment Fund (PIF) for the joint development of green hydrogen projects […]

Business GCC Saudi Arabia

SAUDI PRINCE’S CELL-GROWN MEAT INVESTMENT GETS U.S. APPROVAL

News Desk 11/07/2023

Dubai, United Arab Emirates – 11 July, 2023: Saudi Arabia’s “vegan prince” is set to get a prime cut of the profits from his investment in a start-up producing meat made from cultivated animal cells. The US government this month approved the sale of Upside Foods products to American consumers. “Sometimes when you talk to […]

NEWS DESK GCC Saudi Arabia

South Korea and Saudi Arabia are Set to Solidify Cooperation for Smart City and Housing Management

News Editor 10/07/2023 0

In a novel partnership, Saudi Arabia and the South Korean government have combined efforts to improve both countries’ municipal and Housing sectors, particularly regarding smart city planning. South Korea and Saudi Arabia’s cooperation has long been in the works. The parties reviewed their partnership earlier in the year and signed an executive program

NEWS DESK GCC Saudi Arabia

Saudi Arabia to Supply Humanitarian Reliefs to Show Support to Equatorial Guinea

News Editor 07/07/2023 0

The King Salman humanitarian aid and relief center recently offered 25 tons of dates to the Republic of Equatorial Guinea to show support and friendly relations between both countries. The supply of humanitarian aid followed an earlier discussion by the representatives of both countries at the beginning of the year regarding the humanitarian aid to […]

Business GCC Saudi Arabia

HKSTP and eWTP Arabia Capital Jointly Welcome Saudi Delegation to Boost I&T Collaboration between Hong Kong SAR and The Kingdom of Saudi Arabia

Middle East News 247 03/07/2023

HONG KONG — Hong Kong Science and Technology Parks Corporation (HKSTP) and Saudi focused investment institution eWTP Arabia Capital (eWTPA), today co-hosted the “One Gateway Shared Vision – Hong Kong Special Administrative Region x Kingdom of Saudi Arabia” event to welcome the Saudi Minister of Communications and Information Technology (MCIT) and his delegation to