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Saudi Arabia

Business GCC Saudi Arabia

Global Partnerships and Sustainable Financing Top Agenda at IsDB Group 2023 Annual Meetings in Jeddah

Jeddah, Saudi Arabia — Policymakers and business leaders from around the world are deliberating over how to tackle obstacles to sustainable development during the Islamic Development Bank (IsDB) Group’s Annual Meetings underway in Jeddah, Kingdom of Saudi Arabia. Held under the theme, “Partnerships to Fend off Crises,” the 48th edition of the annual meetings has […]
Business GCC Saudi Arabia

Ash & Maple Management Partners with LocalEyes, Strengthening Middle East Presence and Enhancing Local Content & Economic Offset Consulting in Saudi Arabia

Riyadh, Saudi Arabia, 10 May 2023 — Ash & Maple Management (A&M), a leading global management consulting firm, is delighted to announce its strategic alliance with LocalEyes, a distinguished Local Content and Economic Participation consulting firm headquartered in Riyadh, Saudi Arabia. A&M, a Zurich-based global management consulting firm, addresses
Business GCC Saudi Arabia

Saudi Arabia’s AI powerhouse, Mozn announces GCC expansion as it launches into the UAE 

08 May 2023, Dubai, United Arab Emirates – Saudi Arabia’s Mozn, a market leader in enterprise artificial-intelligence technologies, today announced a regional expansion that will take the company into the thriving AI, finance and fintech markets of the United Arab Emirates and the GCC. The announcement came at the Dubai Fintech Summit, held at Madinat […]
Business

Hevolution/AFAR New Investigator Awards in Aging Biology and Geroscience Recipients Announced

RIYADH, Saudi Arabia & NEW YORK — Hevolution Foundation and the American Federation for Aging Research (AFAR) are pleased to announce the inaugural Hevolution/AFAR New Investigator Awards in Aging Biology and Geroscience Researchrecipients. Eighteen three-year awards of $375,000 each, for a total of $6.75 Million, have been granted to support research projects in the
Business

stc Group offers one of the world widest network coverage to enrich the pilgrim experience in Makkah

Riyadh, Saudi Arabia — stc Group has succeeded in contributing to the endowment fund of King Abdulaziz by supplying Makkah with the widest network coverage through its in building solution (IBS). Through its best-in-class services and advanced digital solutions, the Group has facilitated seamless, fast and uninterrupted connectivity to pilgrims performing religious rituals
Business GCC Saudi Arabia

SNC-Lavalin awarded project management services contract for the King Abdulaziz Public Transport Project in Saudi Arabia

Riyadh, Saudi Arabia — SNC-Lavalin, a fully integrated professional services and project management company with offices around the world, has been awarded a project management services contract by the Royal Commission for Riyadh City (RCRC) for the Operations and Maintenance (O&M) of its bus network as part of the King Abdulaziz Public Transport Project. The […]
Business

Unifonic partners with inspireU

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 innovation. This emphasizes Unifonic’s unwavering commitment to promote
Saudi Arabia's Water Strategy
NEWS DESK GCC Saudi Arabia

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

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
Business

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

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

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
SVB Failure - Abu Dhabi-Based Investment Firm Royal Group Considering Takeover Of The UK Arm Of Silicon Valley Bank
NEWS DESK GCC UAE

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

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
Business

SEVEN signs licensed agreement with Hasbro, Inc.

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