Saudi Arabia

Automotive Markets Saudi Arabia

Saudi Arabia-Backed US Luxury EV Maker Opens Retail Outlet In Dubai City

Arnold Pinto 01/06/2024

As Lucid Motors Targets Regional Expansion Lucid Motors – the US-based maker of advanced EVs (electric vehicles) – has stepped up its retail presence in the Middle East region by launching Lucid Studio, its bespoke retail outlet at the luxury lifestyle-centric enclave of City Walk in Dubai

NEWS DESK

Saudi Arabia fintech finalists unveiled for 2024 Visa Everywhere Initiative

News Desk 30/05/2024

Visa has announced the Saudi Arabia finalists that will compete at the Saudi Arabia, Bahrain and Oman edition of the 2024 Visa Everywhere Initiative (VEI), a global open innovation program and competition that sees fintech startups pitch their solutions to solve tomorrow’s payment and commerce challenges.  This year’s VEI in Saudi Arabia, Bahrain and Oman […]

NEWS DESK

Gulf Scientific Corporation Partners with Velsera to Pioneer Precision Medicine Platforms

News Desk 29/05/2024

Gulf Scientific Corporation (GSC), a prominent provider of specialized laboratory solutions throughout the Gulf Cooperation Council (GCC), is pleased to announce a new partnership with Velsera, a trailblazer in the field of precision medicine platforms headquartered in the USA. This collaboration facilitates GSC’s representation of Velsera in the Kingdom of Saudi

Saudi Arabia Space

Saudi Arabia Establishes Neo Space Group

Arnold Pinto 28/05/2024

Targeting Satellite And Space Industries Saudi Arabia’s Public Investment Fund (PIF) sovereign wealth fund has announced the establishment of Neo Space Group (NSG), a wholly-owned subsidiary poised to elevate Saudi Arabia’s presence in the satellite and space sector. NSG will serve as a national champion, driving the advancement of commercial satellite operations

NEWS DESK

Shipsy to go Bullish on Saudi Arabia’s USD 13 Billion Warehousing Market with its Cutting-Edge WMS

News Desk 27/05/2024

Shipsy, a leading SaaS-based AI-powered supply chain orchestration and execution platform provider, recently highlighted its plan to go bullish with its Warehouse Management System (WMS) offering in the GCC and KSA region. In October last year, Shipsy acquired Stockone, a cloud-based WMS that specialises in enabling manufacturers, pharmaceutical businesses, retailers, and

Aviation Saudi Arabia

Saudia Group Orders 105 Airbus A320neo Aircraft

Arnold Pinto 25/05/2024

To Meet Rising Passenger Demand Saudia Group, represented by Saudia and Flyadeal, has ordered 105 Airbus A320neo aircraft. The order, confirmed at the Future Aviation Forum in Riyadh, signifies a significant stride in the Arabian Gulf state’s pursuit of aviation goals. The undisclosed amount order encompasses 12 A320neo and 93 A321neo aircraft, catapulting Saudia

NEWS DESK

Faisal Algain appointed Head of Growth and Client Engagement for dentsu Saudi Arabia

News Desk 20/05/2024

dentsu KSA has appointed Faisal Algain as Head of Growth and Client Engagement. Reporting to dentsu Saudi Arabia’s Managing Director, Ahmad Haidar, Faisal will spearhead growth initiatives and foster collaboration across service lines to identify new market opportunities in the Kingdom in this newly created role. Strengthening dentsu Saudi Arabia’s local senior leadership

NEWS DESK

CHALHOUB GROUP SURGES IN THE LIST OF ANNUAL LINKEDIN TOP COMPANIES FOR SAUDI ARABIA

News Desk 20/05/2024

Chalhoub Group was awarded ninth position on LinkedIn’s 4th annual list of the best companies to work for in Saudi Arabia for professionals to grow their careers, marking it as the sole retailer on the list. The ranking, which follows numerous Great Place to Work recognitions, highlights the Group’s ongoing dedication to creating compelling career […]

Automotive Saudi Arabia Sport

Dakar Rally To Race On From January 3-17, 2025

Arnold Pinto 20/05/2024

From Bisha To Shubaytah In Saudi Arabia The 2025 edition of the Dakar Rally is beginning to take shape, with Saudi Arabia once again hosting the iconic event. This promises to be another thrilling chapter in the storied history of the Dakar Rally. Scheduled to run from January 3 to 17, 2025, the sixth edition […]

NEWS DESK

Cognite Data Fusion® Now Available on Google Cloud in Saudi Arabia

News Desk 17/05/2024

Cognite, a globally recognized leader in industrial software, announced today that its flagship Industrial DataOps product, Cognite Data Fusion®, is now available on Google Cloud in Saudi Arabia. This strategic collaboration combines Cognite’s leading data management and secure, trustworthy artificial intelligence (AI) with Google Cloud’s powerful

NEWS DESK

ZzzQuil Transforms Pharmacies in Saudi Arabia to Raise Awareness on Sleep Health

News Desk 16/05/2024

Sleep is essential for a person’s health and wellbeing, yet many Saudis do not get enough sleep. A Toluna qualitative survey conducted with over 400 consumers in Saudi Arabia in September 20201 revealed that about 2 out of 3 Saudis (~70%) experience sleeplessness, including difficulty falling asleep, waking up at night, and waking up tired […]

NEWS DESK

“Powering innovation 2024: A Genetec Empower 360 roadshow” concludes in Saudi Arabia

News Desk 15/05/2024

Genetec Inc. (“Genetec”), a leading technology provider of unified security, public safety, operations, and business intelligence solutions, concluded its “Powering innovation 2024: A Genetec Empower 360 roadshow” in Saudi Arabia. The roadshow took place on 13 May at the Narcissus Hotel Riyadh and showcased the company’s latest innovations and strategic vision for the

Business Saudi Arabia

98% Of Saudi Consumers Seen In FMCG Purchasing Shift

News Desk 12/05/2024

Echoing A Broader Global Sentiment Consumer behaviour, a dynamic interplay of economic conditions, societal values, and individual priorities, is profoundly transforming in Saudi Arabia. This shift, revealed in NielsenIQ’s Consumer Outlook 2024 report, reveals a new consumer landscape in which preferences are recalibrated. Consumers increasingly gravitate towards

NEWS DESK

The Ministry of Investment of Saudi Arabia (MISA) Signs MoU with Ant International to Expand Business in Saudi Arabia

News Desk 11/05/2024

The Ministry of Investment of Saudi Arabia (MISA) has signed a Memorandum of Understanding (MoU) with Ant International, to facilitate the business expansion into the Kingdom. Ant International’s President, Douglas Feagin, met with Mr. Eng Saleh Khabti, Deputy Minister of Investment of Saudi Arabia during a signing ceremony held in Riyadh, to welcome the new […]

Space

NASA Administrator Embarks On A Global Diplomatic Mission

Arnold Pinto 11/05/2024

To Strengthen Global Space Cooperation NASA Administrator Bill Nelson embarked on a diplomatic journey, beginning on May 9, 2024, across Italy, Vatican City, and Saudi Arabia to enhance international collaboration and foster peaceful space exploration Nelson’s itinerary includes meetings with each country’s critical governmental and space officials,

NEWS DESK

E-Commerce market in Saudi Arabia poised to reach US$25 bn by 2029

News Desk 11/05/2024

Dubai-based E-commerce leader WebCastle Technologies, which has recently entered the Saudi Arabian market, has been bestowed upon the prestigious Best E-Commerce Agency Award – KSA 2024 for its outstanding performance at the 6th Middle East Retail & E-Commerce Summit and Awards KSA held at the Marriott Hotel in Riyadh on May 1, 2024. Mr Jabir […]

NEWS DESK

Almosafer and Red Sea Global collaborate to redefine luxury tourism experience in Saudi Arabia

News Desk 08/05/2024

Almosafer, Saudi Arabia’s leading travel company (part of Seera Group), has partnered with Red Sea Global (RSG), the multi-project developer behind regenerative tourism destinations The Red Sea and AMAALA, to showcase and promote Red Sea Global’s tourism developments and bespoke offerings across Almosafer’s portfolio of businesses catering to inbound and domestic

NEWS DESK

Cognizant and Google Cloud forge strategic partnership to drive AI innovation in Saudi Arabia

News Desk 07/05/2024

Building upon their successful global collaboration, Cognizant and Google Cloud have announced their strategic partnership in the Saudi region. This joint effort aims to accelerate the adoption of cutting-edge technologies, with a strong focus on generative AI, data modernization, and application migration. Key highlights of the partnership: “This collaboration with

NEWS DESK

Air Cairo Appoints Almosafer as Exclusive General Sales Agent in Saudi Arabia

News Desk 07/05/2024

Air Cairo, Egypt’s hybrid national airline, has announced Almosafer, Saudi Arabia’s leading travel company (part of Seera Group), as their exclusive general sales agent (GSA) in Saudi Arabia. This highlights the importance of KSA as a primary market for Air Cairo, as both parties will work together to meet the needs of travellers from the […]

Business Saudi Arabia

IBM To Invest $200 Million In Riyadh Software Lab

News Desk 07/05/2024

Investment Holds The Promise Of A Brighter Future IBM has announced plans to invest $200 million in a new software lab in Riyadh, the capital of Saudi Arabia. This strategic move underscores IBM’s commitment to expanding its investments in the Middle East region and supporting the goals outlined in Saudi Arabia’s Vision 2030. The state-of-the-art […]