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Saudi Arabia

Saudi’s @HACK redefines the cybersecurity landscape of the region

Over 200 speakers, including Black Hat-approved trainers presented briefings on the latest developments in security

Saudi Aramco

Saudi Aramco’s Wa’ed invests SAR19m in fintech startup Lamaa

The Riyadh-based startup was established in March 2021 by entrepreneur Sumeet Khutale who has recently relocated from London to the kingdom

UAE detects first case of Covid Omicron variant

It is the second country to detect the new variant after Saudi Arabia in the MENA region

Neom, Volocopter JV to create world’s first bespoke public Evtol mobility system

Neom has placed a confirmed order of 15 Volocopter aircraft to commence initial flight operations within the next 2-3 years

Saudi Arabia reports first case of Omicron virus in the kingdom

It is the first Omicron variant case reported in the Middle East and North Africa

Saudi Arabia lifts suspension of flights from six countries

GACA affirmed the commitment to the implementation of all precautionary and preventive measures adopted in Saudi Arabia

Saudi Arabia

Saudi energy minister not concerned about new Covid variant

OPEC+ meets Thursday to decide on January output

Saudi suspends flights to and from seven additional African countries over Omicron

The kingdom has banned flights to and from 14 African countries in total, including Seychelles and Mauritius

Saudi stock exchange sets IPO offer price at top end of range

Tadawul set the price at SAR105 per share after an institutional book-building process

Saudi Arabia

Moelis plans Saudi hires as it seeks to open Riyadh office

The Saudi economy, the biggest in the Middle East, is growing at its fastest pace in almost a decade

Saudi Arabia airport

Covid-19: Saudi to permit direct entry to all those who have received one vaccine jab

Travellers who have taken one shot of the vaccine will need to undergo quarantine for three days

Sitecore appoints Ahmed Alrabiah as the new regional VP for Saudi Arabia

Alrabiah joins Sitecore with over 15 years of expertise in the sector, having held leadership roles at one of the ERP software solution providers

Saudia 3

Saudia to resume direct flights to Los Angeles and Manchester from Jeddah

Both direct nonstop routes, set to begin in December, will operate from Jeddah thrice weekly

OPEC+ warns of response as Biden poised for oil reserve release

The Organization of Petroleum Exporting Countries and its allies will meet on December 2

Saudi stock exchange seeks to raise as much as $1bn in IPO

The exchange is selling a 30 per cent stake, or 36 million shares

Reliance pulls plan to sell oil-to-chemicals stake to Aramco

Reliance and Aramco had signed a non-binding letter of intent in August 2019 for a potential 20 per cent stake in Reliance’s oil-to-chemicals unit

Here’s how to protect your brand against impersonation attacks

Changes in the threat landscape require that the strategy must extend beyond the traditional perimetre-orientated defence says Werno Gevers, regional manager, Mimecast

Inaugural edition of Saudi’s @Hack to tackle challenges of securing the digital world

Running from November 28- 30, @Hack will bring leading cybersecurity leaders to Riyadh to address issues facing the global cybersecurity sector today

Saudi

Spire Solutions to support Saudi’s @Hack, underpin kingdom’s cybersecurity endeavour

@Hack to feature the most advanced ethical hacking training sessions to help the country defend against the threat of malicious cyberattacks

Saudi launches new service allowing investors to start a business from outside the kingdom

Under the new service, investors can complete the process of authenticating the agency and attesting the establishment contract in three steps

Saudi Crown Prince plans emissions-free industry hub ‘floating’ on sea

The project, dubbed ‘Oxagon’, will feature a port and a logistics hub

Saudi sees ‘no useful purpose’ in engaging with Lebanon

Saudi Arabia, the UAE, Kuwait and Bahrain have all recalled their diplomats from Lebanon

Saudia weighs bumper jetliner order to reach 250-strong fleet

The carrier is targeting a fleet of 250 aircraft by 2030

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud

Saudi Arabia to establish world’s first non-profit city

The 3.4 square kilometre Prince Mohammed bin Salman Non-Profit City will be located in the Irqah neighbourhood, adjacent to Wadi Hanifa

data centre

Saudi Arabia’s STC continues Phase 3 of data centre project across the region

The programme will provide a full range of services and safety measures of assets across key cities such as Riyadh, Jeddah, and Dammam

UAE’s Century Financial to launch new funds, AI trading platform and property crowdfunding site

The investment firm is diversifying its business with plans to also launch in Saudi soon, says Ali AbdulKareem Ali, senior executive director at Century Financial

Saudi economy grows at fastest rate in nearly a decade

Gross domestic product expanded by 6.8 per cent compared to the same quarter of 2020

Saudi Arabia chases $64bn Hollywood dream

The kingdom is launching its first international film festival

Saudi Arabia Oversight and Anti-Corruption Authority Nazaha

Saudi’s Nazaha arrests 172 individuals in latest corruption crackdown

Most of the arrests were made on charges of bribery, abuse of office, forgery and misuse of power

Saudi stock exchange set for December trading debut, CEO says

The offering could value the bourse at between $3bn and $4bn