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 player in the 5G and 4G semiconductor arena. The Memorandum of Understanding paves the way for the two companies to collaborate on designing and developing chipsets and modules optimized for…
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 establishment of a new Point of Delivery (PoD) in Riyadh, marking a significant investment in the region’s cloud-first data management services. This initiative is a testament to Informatica’s support for…
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 latest addition to the ambitious Qiddiya project near Riyadh. The park will immerse visitors in the universe of the beloved Japanese anime, featuring seven themed areas, over 30 rides—including five…
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% of the shares of Astra Mining Limited Company (AML), a leading producer of quicklime and hydrated lime in Saudi Arabia. The deal, which is expected to be completed within three…
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 Construction Contracts (EPC) with SGC eTEC Co., Ltd. and SGC Arabia Co. Ltd. for the construction of an Isopropanol (“IPA”) plant in Jubail Industrial City, Saudi Arabia. The total contract…
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) of 30% of its share capital, as well as the start of the institutional book-building period. The price range for the IPO has been set at SAR 44 to SAR…
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, to bring disruptive maritime technology to the region. The partnership, facilitated by Lockheed Martin, will leverage Ocean Aero’s Triton AUSV, the world’s first and only AUSV, to address a variety…
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, sales, distribution, and implementation of Liquid Natural Clay (LNC) in the Kingdom of Saudi Arabia (KSA). The agreement marks a significant milestone in Desert Control’s transition to a royalty-based licensed…
RIYADH, SAUDI ARABIA: Avass Group signed an agreement with Kingdom Saudi Arabia (KSA) to jointly manufacture electric vehicles and lithium batteries. Australia-based Avass Group have endorsed a Memorandum of Understanding (MoU) with HRH Prince Abdulaziz Bin Abdullah Bin Saud Bin Abdulaziz Al Saud in the capital city of Riyadh on December 19. The agreement bolsters…
LONDON, UK: KEFI Gold and Copper (LON: KEFI) announced the issuance of the Al Godeyer and Al Godeyer East Exploration Licences to the KEFI-operated Saudi Arabian joint-venture Gold and Minerals Limited (G&M). The licences are situated 12km south-west of the Company’s Hawiah discovery (see Figure 1 in the attached appendix), which is expected to shortly…
RIYADH, SAUDI ARABIA: GEPCOM, one of oldest and most respected card production and printing facilities in the Arab world, has selected the Zwipe Pay ONE platform to deliver biometric payment cards to its clients in Saudi Arabia and key international markets. Zwipe is a FinTech that has pioneered the development of biometric payment cards and…
LONDON, UK: Xlife Sciences AG has signed a strategic partnership with the development organization Peace City World as part of the Vision 2030 future program. Peace City World is the official developer of four Smart Cities in Saudi Arabia and Tunisia as well as part of Vision 2030. The program was launched by the Saudi…