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January 12, 2025
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Gulf Markets Dip on Fed Rate Worries; Qatar and Saudi Gain as Oil Rises, Gold Surges Amid Geopolitical Uncertainty – APM Capital Market Report

GCC market Most stock markets in the Gulf ended lower on Monday, hurt by concerns that the U.S. Federal Reserve would slow its pace of interest-rate cuts, while the Qatar and Saudi indices rose amid higher oil prices. Dubai’s benchmark stock index slipped 0.6%, weighed down by losses in utilities, consumer staples and industry sectors. […]
NEWS DESK

Saudi-based Alinma Bank and Dell Technologies Collaborate to Enhance Financial Services Innovation through Data Center Transformation

Dell Technologies and Alinma Bank today signed a Memorandum of Understanding (MoU) to accelerate the Saudi-based bank’s digital transformation initiatives. The MoU signed during the 24 Fintech Summit in Riyadh by Mohammed Talaat, VP, KSA & Egypt at Dell Technologies and Yaser Alofi, Chief Information Officer (CIO) at Alinma bank marks a significant step forward in
NEWS DESK

Embraer welcomes H.R.H Prince Fahad Bin Mansour Bin Nasser Bin Abdulaziz Al-Saud, The Head of the Saudi Startup20 Delegation powered by NEOM

H.R.H Prince Fahad bin Mansour bin Nasser bin Abdulaziz Al-Saud, The Head of the Saudi Startup20 Delegation Powered by NEOM, was warmly greeted on Friday at Embraer’s headquarters in São José dos Campos, Brazil, during the saudi delegation Startup ecosystem tour. The visit focused on groundbreaking innovations in the area of aviation, urban air mobility, […]
Education Saudi Arabia

Aramco to invest $100 million in KAUST

For a Saudi research initiative Aramco has pledged $100 million over the next decade to the Saudi Arabia-based King Abdullah University of Science and Technology (KAUST). The investment reflects Aramco’s dedication to supporting cutting-edge research in Saudi Arabia. It also aims to accelerate innovation in the Gulf state and address some of the most urgent […]
NEWS DESK

Automechanika Riyadh unveils nanotechnology’s potential to transform Saudi automotive aftermarket industry

As the worldwide nanotechnology market value is expected to reach $306 billion by 2025, the role of nanotechnology is shaping the future of the automotive aftermarket industry in Saudi Arabia. This was discussed in detail at Automechanika Riyadh, which concluded today at the Riyadh International Convention and Exhibition Centre (RICEC). With the Kingdom’s extensive giga
NEWS DESK

The 13th Saudi Green Building Conference

The prestigious 13th Saudi Green Building Forum (SGBF) is set to take place in Riyadh from October 9th to 10th, 2023, under the esteemed patronage of His Excellency, Mr. Majed bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs, and Housing. As a leading initiative hosted by the Ministry of Municipal, Rural Affairs, and Housing, the […]
Real Estate GCC NEWS DESK Saudi Arabia

Sherwoods International Property to exhibit at CityScape Riyadh

Real estate firm presents top-notch real estate solutions September 10, 2023: Sherwoods International Property, a distinguished name in the real estate industry, is set to make a significant presence at the CityScape exhibition in Riyadh, Saudi Arabia, scheduled from September 10-13, 2023. The event promises to be a platform where Sherwoods will showcase a comprehensive