Saudi Arabia

Business

Unifonic partners with inspireU

News Desk 2 11/04/2023

April 11, 2023– Unifonic, the leading communications platform and CPaaS provider in the Middle East, has signed a partnership agreement with inspireU from stc Kingdom’s first corporate accelerator to promote, support and develop entrepreneurship and startups that focus on ICT and digital

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Saudi Arabia Presents Its Water Strategy During A High-level United Nations Conference

News Editor 11/04/2023 0

Saudi Arabia Presents Its Water Strategy During a High-level United Nations Conference: Abdulaziz Al-Shaibani, the Deputy Minister for Water Affairs at the Saudi Ministry of Environment, Water, and Agriculture, stated that Saudi Arabia is setting the standard for unconventional water supply through desalination. He discussed Saudi Arabia’s water strategy at the

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Saudi Space Mission Aims to Advance Science

News Editor 05/04/2023 0

The Saudi Space Commission has made public the tasks and scientific research that Saudi astronauts Rayyanah Barnawi and Ali Al-Qarni will carry out during their trip to the International Space Station. In the second quarter of 2023, this mission will take place as part of Saudi Arabia’s program for astronauts. Science, Human Research, And The […]

Business NEWS DESK

Biban 2023 Features Funding Options For Entrepreneurs From The Social Development Bank

News Editor 05/04/2023 0

The Kingdom’s premier startup and SME conference, Biban 2023, featured the Social Development Bank as a contributing partner. The Small and Medium Businesses General Authority, or Monsha’at, hosted and organized the event this March, held at the Riyadh Front Exhibition and Convention Center. SDB Leads In Efforts To Foster A Growth In Entrepreneurship In Saudi

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Saudi Arabian Amazon Policy Favors Young Parents

News Editor 05/04/2023 0

According to Abdo Chlala, country manager for Amazon Saudi Arabia, the company always strives to pay attention to its employees and evolve its employee experience. As a result, the company aims to ensure that its rules and benefits provide new parents with the assistance they need to succeed at work and at home. Amazon’s parental […]

Business

SRMG launches new venture capital arm, SRMG Ventures, with first investments in regional content studio and immersive platform companies

Middle East News 247 30/03/2023

Riyadh, Saudi Arabia — SRMG, a global integrated media group, yesterday announced the launch of its corporate venture capital arm, SRMG Ventures. In line with SRMG’s transformative growth strategy, SRMG Ventures will invest in early-stage companies and technologies within the core target areas: media creators, digital media, media enablers and tools, including generative

Business GCC Saudi Arabia

CyberArrow and Mobily Announce Partnership to Strengthen Cyber Security Compliance in Saudi Arabia

Middle East News 247 27/03/2023

Riyadh, Saudi Arabia — CyberArrow, a leading cyber security compliance automation provider, and Mobily, one of the largest telecommunications providers in Saudi Arabia, today announced a new partnership to enhance cyber security compliance and awareness for businesses in the region. As cyber threats continue to increase in frequency and sophistication, it is crucial for

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Expo 2030 In Riyadh Will Provide A Futuristic, Eco-Friendly Experience

News Editor 25/03/2023 0

The Bureau International des Expositions representatives visited the planned site for Expo 2030 in Riyadh. During their trip, they saw the master plan for the venue, which will cover 6 million square meters.   What is Expo 2030 In Riyadh and All You Should Know The Riyadh City Royal Commission chairman, Fahd Abdulmohsen Al-Rasheed,

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SVB Failure – Abu Dhabi-Based Investment Firm Royal Group Considering Takeover Of The UK Arm Of Silicon Valley Bank

News Editor 24/03/2023 0

The Royal Group, an investment company funded by Abu Dhabi royal, is considering taking over Silicon Valley Bank’s (SVB) UK vertical in light of the current development of SVB’s bankruptcy. According to Bloomberg, Sheikh Tahnoon bin Zayed Al Nahyan, chairman of Royal Group and national security adviser for the United Arab Emirates, is debating

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Neom Enters Agreement To Transform Sustainable Food Production

News Editor 23/03/2023 0

NEOM, the innovation hub in northwest Saudi Arabia, is working with CARE, a global organization founded by Italian chefs Norbert Niederkofler and Paolo Ferretti, to transform sustainable food production. Through this partnership, they hope to create NEOM’s unique culinary identity in which food is treated ethically from the farm to the plate. Together, they

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Social Development Bank To Provide $6 Billion In Loans To SMEs Over The Next Three Years

News Editor 22/03/2023 0

According to a senior official, Saudi Arabia’s Social Development Bank plans to provide SR24 billion ($6.3 billion) in funding to small and medium-sized businesses over the next three years as Saudi Arabia gradually diversifies its economy to meet the objectives outlined in Vision 2030. In an interview on the margins of the Biban 2023, Sultan Al-Hamidi, Chief

Business

SEVEN signs licensed agreement with Hasbro, Inc.

News Desk 2 21/03/2023

Riyadh, Saudi Arabia; March 21, 2023: Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), in agreement with Hasbro, Inc., a global branded entertainment leader, will develop and operate the world’s first PLAY-DOH themed entertainment centres. The centres will open at SEVEN entertainment destinations in eight locations in

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UAE Unveils New Program To Promote Emiratisation In Manufacturing, Industry, And Technology

News Editor 20/03/2023 0

The Industrialist Program is a new UAE initiative that aims to increase Emiratisation in the industrial sector and improve the region’s capabilities. The initiative was made possible by an MoU signed by the Ministry of Industry and Advanced Technologies (MoIAT), the Ministry of Human Resources and Emiratization (MoHRE), and the Emirati Talent Competitiveness

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Saudi’s Potential To Take The Lead In Carbon Capture On The Road To Net-zero Emissions

News Editor 19/03/2023 0

As nations throughout the world step up their efforts to achieve net-zero carbon emission objectives and mitigate the effects of climate change, oil, and gas-producing nations, in particular, are under great pressure to quickly shift to green energy sources. According to Bloomberg, $6.4 billion will be invested globally in carbon capture and storage projects this […]

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Dubai Foundation Signs MoU With UNESCO’s Regional Centre for Excellent Education

News Editor 18/03/2023 0

The HRMFDAP and the UNESCO Regional Centre for Quality and Excellence in Education have agreed to work together more closely in the areas of education and research by signing an MoU. The agreement was signed at the Mohammed Bin Rashid Library on the margins of the World Conference for Innovation in Education, which was hosted by HRH Sheikh Mohammed […]

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The UAE’s Ministry of Education Will Train Educators In AI Tutoring

News Editor 17/03/2023 0

The UAE Ministry of Education is advancing artificial intelligence in education. A policy that will guide academics and teachers on how to employ language models for generative AI is currently being put together. In this approach, tutoring powered by AI will be used in all of the schools in the Emirates. Dr. Ahmad Belhoul Al […]

Business

Global Financial Community Optimistic to Overcome Market Challenges and Build Stronger, Tech-Driven, Sustainable Future Economy

Middle East News 247 17/03/2023

RIYADH, Saudi Arabia — The second edition of the Financial Sector Conference (FSC 2023) has concluded in Riyadh, with a mood of optimism and energy to overcome market challenges to build a stronger, technology driven and sustainable economy of the future. Over 3200 participants from 82 countries, and 180 media, assembled in the Saudi capital […]

Business GCC Saudi Arabia

Leaders of the Global Financial Community Outline Positive Outlook for Sector as Financial Sector Conference Opens in Riyadh

Middle East News 247 16/03/2023

RIYADH, Saudi Arabia — The second edition of the Financial Sector Conference (FSC 2023) opened today in Riyadh, welcoming over 3000 participants from around the world to discuss the way ahead for the global financial community under the conference theme of “Promising Financial Prospects.” Welcoming delegates to the conference Saudi Minister of Finance HE Mohammed […]

Business GCC Saudi Arabia

Panasonic Boosts Revival Strategy In Saudi Arabia

News Desk 2 15/03/2023

Panasonic Marketing Middle East & Africa (PMMAF) announced today that it is expanding its distribution line-up in Saudi Arabia as it looks to revive its footprint in the Kingdom and establish the right level of resources to meet the growing demand for its industry-leading products and solutions.   Just recently, Panasonic also revealed that it […]

Business GCC Saudi Arabia

Biban 2023 powers the future of Saudi entrepreneurship with the launch of $13.8 billion-worth of agreements and initiatives

Middle East News 247 14/03/2023

Riyadh, Saudi Arabia — Biban 2023 — Saudi Arabia’s flagship startup and SME forum — has brought leading entities from around the world together to sign a series of landmark agreements worth approximately $13.8 billion in support of the startup community. Organized by the Small and Medium Enterprises General Authority of the Kingdom of Saudi […]