Ant International opens first Middle East office in Saudi Arabia
RIYADH: Ant International, a prominent global provider of digital payment, digitization, and financial technology, has inaugurated a new office in the central business district of Al-Olaya,...
Matternet get approval for drone deliveries in Saudi Arabia
RIYADH: Matternet, the world’s leading developer of urban drone delivery systems, announced Monday its M2 drone has been approved for operations in Saudi Arabia. The...
KSA and UAE lead MENA startup funding with $328.3 million in September
DUBAI: In September 2024, Saudi Arabia and the UAE emerged as the giants of startup funding in the MENA region, according to research by Rasmal,...
Akasa Air commences operations from Riyadh, Saudi Arabia
Akasa Air commenced operations from Riyadh, connecting it to Mumbai with daily direct flights. The inaugural flight on 15th June 2024 departed Chhatrapati Shivaji Maharaj...
Aramco partners with GCT Semiconductor for 5G development in Saudi Arabia
In a move to advance Saudi Arabia’s 4G and 5G infrastructure, Aramco has entered into a strategic partnership with GCT Semiconductor Holding Inc., a prominent...
Informatica launches AI-powered cloud data management in Saudi Arabia
Informatica (NYSE: INFA) has announced the launch of its Intelligent Data Management Cloud™ (IDMC) in the Kingdom of Saudi Arabia. This strategic expansion includes the...
Saudi Arabia to build first Dragon Ball Z theme park in Qiddiya Mega Project
RIYADH: Saudi Arabia has announced the creation of the world’s first Dragon Ball Z theme park. Spanning 5.3 million square feet, this park is the...
Saudi Lime Industries acquires Astra Mining for 164.6 million riyals
RIYADH: Saudi Lime Industries Company (SLIC) has signed a conditional binding agreement with Astra Industrial Group (AIG) and Tharawat Mining Company (TMC) to acquire 100%...
Advanced Petrochemical signs EPC contracts for the first IPA plant in the Middle East
Advanced Petrochemical Company (ADVANCED), a leading producer of polypropylene in Saudi Arabia, announced that its subsidiary, Advanced Polyolefins Industry Company, has signed Engineering, Procurement and...
Modern Mills sets IPO price range and kicks off book-building
RIYADH: Modern Mills Company (MMC), a leading milling and nutrition company in Saudi Arabia, has announced the price range for its initial public offering (IPO)...
Ocean Aero and Saudi partners launch maritime drone technology
Ocean Aero, a leading developer of autonomous underwater and surface vehicles (AUSVs), has teamed up with INTRA Defense Technologies and MEMR, two prominent Saudi companies,...
Desert Control enters strategic agreement for the Kingdom of Saudi Arabia
SANDNES, NORWAY: Desert Control AS has entered into an agreement with Holistic Earth Advanced Regeneration Technologies SA (H-EART) to become a licensed operator for production,...