Saudi Arabia

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

Business GCC Saudi Arabia

Saudi-Based Company White Helmet Named 2022 Entrepreneurship World Cup Champion

Middle East News 247 14/03/2023

Riyadh, Saudi Arabia — After four days of fierce competition, with 100 up-and-coming startups representing 53 countries, one has emerged the victor of the Entrepreneurship World Cup (EWC). White Helmet, a company that provides a platform to manage and monitor construction operations remotely, from anywhere and at any time, returns home with a US$300,000 share […]

Hospitality GCC Saudi Arabia

Radisson Hotel Group solidifies its presence in Saudi Arabia

News Desk 14/03/2023

Radisson Hotel Group is proud to announce the opening of its eighth hotel in Riyadh, Radisson Blu Hotel, Riyadh Convention & Exhibition Center. This new addition forms an integral part of the Riyadh International Conference and Exhibition Center. Situated in the capital city of Saudi Arabia and within walking distance of the city center and […]

Business

Landmark agreements worth over $6.4 billion announced on Day 4 of Biban 2023 forum

Middle East News 247 13/03/2023

Riyadh, Saudi Arabia — Today, the Social Development Bank (SDB) pledged $6.4 billion to funding entrepreneurs, small and medium-sized enterprises (SMEs), and freelancers across the Kingdom over the next three years. The multibillion-dollar pledge was announced on Day 4 of Biban 2023, with the landmark commitment set to contribute to the achievement of the nation’s […]

Business

More than $2.8 billion worth of agreements signed on Day 3 of Biban 2023

Middle East News 247 13/03/2023

RIYADH, Saudi Arabia – Today, the Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia (Monsha’at) has underlined its commitment to advancing entrepreneurship in the Kingdom. In line with Vision 2030, Monsha’at has signed a range of agreements with a selection of leading regional and global entities. Contributing to the growth and […]

Business

HyperPay announces expansion plans

News Desk 13/03/2023

March 13, 2023- HyperPay, the largest and fastest-growing payments services provider in the MENA region, has announced that it is going public through an initial public offering (IPO) in Saudi Arabia within the next two years as part of its expansion plan in the country’s fintech market. The payments services provider aims to become the […]

Business

Day 2 of Biban 2023 sets the stage for the launch of over $1.5 billion worth of agreements

Middle East News 247 13/03/2023

RIYADH, Saudi Arabia — The Kafalah Program officially announced a partnership with a diverse selection of Saudi-based entities, pledging up to $1.5 billion in financing guarantees for the Kingdom’s burgeoning community of startups and small and medium-sized enterprises (SMEs). The announcement was made on the second day of Biban 2023, with the Kafalah Program — […]

NEWS DESK GCC UAE

UAE Astronaut Sultan AlNeyadi To Spend Six Months On The ISS: What You Need To Know

News Editor 12/03/2023 0

Sultan AlNeyadi, an astronaut from the UAE, will be the first Arab to go on a long-term space mission. He will spend six months with other crew members on the International Space Station, a laboratory in orbit 400 kilometres above Earth. As the new target date for SpaceX Crew-6 Dragon Endeavour’s launch on a Falcon 9 rocket […]

NEWS DESK GCC Saudi Arabia

Biban, The Largest Entrepreneurship Conference In Saudi Arabia, Will Offer $2.7 Million In Prizes At Biban 2023

News Editor 11/03/2023 0

More than $2.7 million will be awarded in a dozen new competitions and “hackathons” at Biban 2023. Biban is Saudi Arabia’s largest entrepreneurship forum, created to inspire businesses to showcase their entrepreneurial ventures. The Biban 2023 event will be held at the Riyadh Front Exhibition & Convention Center from March 9 to March 13. It intends to

NEWS DESK GCC Saudi Arabia

LEAP 2023: Saudi Arabia’s Tech Sector, $9 Billion in Investments

News Editor 10/03/2023 0

Every year, Saudi Arabia holds one of the most significant lt events for Saudi Arabia’s tech sector. It is a 3-day event that offers stakeholders the chance to present new and disruptive technologies to over 100,000 attendees worldwide. The country always commits to expending significant investment infrastructure to the tech sector; this year’s edition is […]

Business

Over 25 agreements worth more than $2.93 billion signed on the opening day of Biban 2023

Middle East News 247 10/03/2023

Riyadh, Saudi Arabia — The Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, Monsha’at, has signed a Memorandum of Understanding (MoU) with Huawei Tech Investment Saudi Arabia Limited. Launched on the opening day of Biban 2023 — Saudi Arabia’s flagship startup and SME forum  — the new partnership will see the […]

NEWS DESK GCC Saudi Arabia

Humanitarian Forum In Riyadh Promotes Innovation, AI Usage In Disaster Response

News Editor 09/03/2023 0

At the heart of the Riyadh International Humanitarian Forum was the need to reduce funding gaps in humanitarian aid and use science and innovation for quicker response and coordination. This third forum was put together by the United Nations and its humanitarian groups with help from the King Salman Center for Relief and Humanitarian Aid. The event took […]

NEWS DESK GCC Saudi Arabia

Najran, Saudi Arabia, Restores And Preserves Old Mud Homes And Palaces

News Editor 08/03/2023 0

In an endeavour to safeguard its cultural heritage, the city of Najran is currently working to restore the mud dwellings, castles, and palaces in 33 of its old villages in the hopes of turning them into a future rural tourism attraction. Locals and owners of historic homes have taken the lead on restoration efforts as a patriotic […]

NEWS DESK

Du And Huawei Sign An Agreement For The 5.5G Initiative

News Editor 07/03/2023 0

In a world where technology never stops evolving, the UAE is proving to be a true pioneer. While other countries are still trying to catch up with the latest 5G technology, the UAE is already making strides toward paving the way for 6G. The UAE is actively working toward introducing the 6G network by 2030. […]

Business GCC Saudi Arabia

EXPERTS GATHER IN RIYADH TO DISCUSS JUDICIAL TECHNOLOGY AT THE INAUGURAL INTERNATIONAL CONFERENCE ON JUSTICE

Middle East News 247 07/03/2023

RIYADH, Saudi Arabia — Saudi Arabia’s Ministry of Justice is organizing the first International Conference on Justice in Riyadh on 5-6 March, 2023. The Conference will bring together experts, jurists and key decision makers from the legal sectors of over 30 countries to discuss the future of technology and digitization in the field of justice. […]

Business GCC Saudi Arabia

Saudi Arabia makes a $5 Billion deposit at the Central Bank of Turkey through the Saudi Fund for Development

Middle East News 247 07/03/2023

Turkey, İstanbul — In implementation of the directives from the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Crown Prince and Prime Minister, Mohammed bin Salman Al Saud, KSA Minister of Tourism and Chairman of the Saudi Fund for Development (SFD) Board of Directors, H.E. Mr. Ahmed […]

Business GCC Saudi Arabia

IDC Renews Strategic Partnership with Saudi Arabia’s Communications, Space, and Technology Commission Ahead of ICT Indicators Forum 2023

Middle East News 247 06/03/2023

RIYADH, Saudi Arabia — International Data Corporation (IDC) is delighted to announce its partnership with Saudi Arabia’s Communications, Space, and Technology Commission (CST) for the annual ICT Indicators Forum 2023 that will take place at the Four Seasons Hotel Riyadh on Wednesday, March 8. For the second year running, this strategic event will incorporate

Lifestyle GCC UAE

Dubai International Jewelry Forum awards L’azurde best Jewelry brand in Saudi Arabia

News Desk 06/03/2023

L’azurde for Jewelry, the most prominent brand in designing, manufacturing and distributing jewelry in Saudi Arabia and the Middle East, has won the title of the best retail jewelry brand in Saudi Arabia for the year 2022, as the company excelled among hundreds of participating entities, during awards distribution ceremony at Dubai International Jewelry Forum, […]

NEWS DESK GCC Saudi Arabia

Saudi Arabia Offers Virtual Medical Assistance To Syrian And Turkish Earthquake Survivors

News Editor 05/03/2023 0

Over the past weeks, Saudi Arabia has been providing virtual health assistance to earthquake survivors in Syria and Turkey. It is part of the international relief effort following the disaster. The Kingdom was at the front of the aid effort from the start. It sent planes with food, shelter, and emergency services like medical supplies. […]

NEWS DESK GCC Saudi Arabia

Crown Prince Of Saudi Arabia Launches New Murabba Development Company To Transform Downtown Riyadh

News Editor 04/03/2023 0

The Crown Prince Mohammed bin Salman of the Kingdom has announced the establishment of the New Murabba Development Co., which will build a new residential, commercial, and entertainment district in the centre of Riyadh. The New Murabba project’s design focuses on sustainability, with green spaces and paths for walking and biking that will improve