Saudi Arabia

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

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 […]

NEWS DESK

SAL Activates the Fulfillment Sector Warehouses to Transform Logistics Landscape

News Desk 06/05/2024

SAL, Saudi Arabia’s leading logistics and supply chain solutions provider, is proud to announce the launch of its Fulfillment Business Unit, a one-stop-shop solution aimed at revolutionizing the logistics and supply chain industry in the Kingdom. SAL’s Fulfillment Services represent a comprehensive commitment to meet the growing requirements and accelerated

NEWS DESK

Unlocking Maritime Futures

News Desk 02/05/2024

In a transformative push for global maritime logistics, the International Port & Marine Development Conference, set for May 6-7, 2024, at the Jeddah Hilton Hotel, emerges as a pivotal arena for ground-breaking discussions. This year, the spotlight is on Saudi Arabia’s rapid ascension in global maritime rankings, reflecting its enhanced capabilities and extended global

NEWS DESK

King Fahd Armed Forces Hospital BEGINS TRIAL OF NEW BIOADAPTIVE ANGIOPLASTY PROCEDURE

News Desk 29/04/2024

King Fahd Armed Forces Hospital is first in the Kingdom of Saudi Arabia to begin clinical research and now offer a new type of angioplasty procedure with the DynamX bioadaptor implant, an innovation beyond stents designed to restore vessel function. The bioadaptor is a transforming implant that, after the period of healing, unlocks and allows […]

NEWS DESK

Tiffany & Co x Snapchat takeover reaches over 9.5 million users within 24 hours

News Desk 29/04/2024

To strengthen the positioning of Tiffany & Co’s Lock collection in Saudi Arabia, the brand partnered with the Kingdom’s most used platform to activate a full funnel Snapchat takeover, utilizing the First Story, First Lens and First Commercial features, reaching over 9.5 million Snapchatters within 24 hours. In the summer of 2022, the LVMH Group […]

NEWS DESK

Rawabi Holding Company Successfully Concludes Landmark Sukuk Issuance Raising SAR 1.2 Billion

News Desk 25/04/2024

Rawabi Holding Company (“Rawabi” or the “Company”) successfully concluded its largest ever Saudi Riyal-denominated Sukuk issuance for SAR 1.2 billion, further cementing its position as a dominant catalyst in Saudi financial markets. Led by strong market demand, the landmark issuance surpasses the Company’s 2023 issuance of the SAR 875 million. Since establishing its Sukuk

NEWS DESK

Vertiv Expands Middle Eastern Presence with New Middle East Regional Headquarters

News Desk 25/04/2024

Vertiv, a global leader in critical digital infrastructure and continuity solutions, has officially announced the foundation of its new Middle East regional headquarters in Riyadh, Saudi Arabia. With a steadfast commitment to providing essential services and solutions to regional customers for over three decades, this move symbolizes a pivotal step in Vertiv’s

NEWS DESK

LOGIC Consulting partners with Sulaiman Alrajhi University to drive institutional transformation in Saudi Arabia

News Desk 24/04/2024

LOGIC Consulting, a leading regional management consulting firm that offers strategy, governance and organization development services, among others, has signed a consulting agreement with Sulaiman Alrajhi University. The partnership aims to bolster the university’s institutional transformation efforts by leveraging LOGIC Consulting’s extensive experience and strategic

NEWS DESK

Saudi Arabia Highlights Investment Initiatives in Tourism

News Desk 18/04/2024

The Saudi Ministry of Tourism is currently taking a prominent stage at the International Hospitality Investment Forum (IHIF), presenting a unique opportunity for global investors to dive into the thriving tourism landscape of the Kingdom. With the spotlight on the Tourism Investment Enablers Program (TIEP), that was recently announced, Saudi Arabia is

NEWS DESK

Virgin Mobile Saudi Arabia signs strategic JV partnership with HITEK

News Desk 18/04/2024

Middle East regional technology services company, HITEK, part of the Farnek group of companies, has signed a JV partnership with Virgin Mobile Saudi; a Beyond ONE group company, as the preferred technology partner to enable a joint strategic approach to developing smart cities in Saudi Arabia. With smart cities relying heavily on connectivity, Virgin Mobile […]

NEWS DESK

DAR AL ARKAN EXTENDS COLLABORATION WITH ROSHN FOR A NEW PROJECT IN SEDRA

PR News Desk 16/04/2024

Dar Al Arkan, a leading real estate developer in Saudi Arabia, has signed a sale and purchase agreement worth 215 million Saudi Riyals with ROSHN to embark on their second project within the prestigious Sedra community in northern Riyadh. Building on a successful collaboration with ROSHN, Dar Al Arkan has acquired land to develop 200 […]