The investment is expected to create more than 1,000 new jobs and support local talent development, knowledge transfer, and the growth of robust supply chains
Parsons first began working with the Public Investment Fund in 2017 and has since played a key role in advancing the Kingdom’s giga-project ecosystem
Saudi Arabia leads with 13 planned IPOs, including Almasar Alshamil Education Company and Al Romansiah Company
Kaspersky’s latest findings underline the growing convergence of AI and cybercrime
Lucid plans to implement a unified AI factory powered by NVIDIA Omniverse and NVIDIA AI Enterprise
Revenues in the UAE, Saudi Arabia, and Qatar have tripled year-on-year, while the AINOTE series quickly ranked No 2 in regional E-ink device sales, says Zhan
The new funds will target Saudi systematic active equities and MENA fixed income, and will be available to both local and global investors
myAster has expanded its 24/7 express delivery service to Dubai, Abu Dhabi, Sharjah, Ajman, and Ras Al Khaimah, with delivery times of around 90 minutes
The country’s vibrant equity market continues to capture regional and global capital, as a string of initial public offerings (IPOs) in 2025 drew heavy oversubscription
The addition of Damascus to Air Arabia Abu Dhabi’s growing route map comes as the airline continues to enhance connectivity across Middle East
PIF and Aramco will combine their artificial intelligence (AI) programmes and work jointly through HUMAIN
AI has completely transformed the beauty landscape by enabling brands to better understand consumer needs and deliver highly tailored solutions
Dubizzle operates property portal Bayut and dominates key classifieds segments in the region
The new decision reinforces the regulatory framework governing employer-worker relationships, ensuring the protection of rights
The initiative is billed as the world’s first fully-optimised “edge-to-cloud” hybrid AI service
For Q3 alone, Aldar posted Dhs8bn in revenue, up 44 per cent, and Dhs1.9bn in net profit, a 49 per cent increase from a year earlier
McKinsey’s analysis showed the pandemic pushed many companies several years forward in adopting digital tools and AI
As part of the transaction, HSG, Boyu Capital, and others acquired shares from existing investors
Spotify’s CHRO on using AI, a ‘glocal’ strategy, and ‘Core Week’ has supported the company’s ‘bandmates’ and made a difference to productivity
The direction for UAE banking is clear: security, compliance, and customer experience must advance together, says Kalem
From forgotten cloud assets to unchecked vendor risks, spotting these quiet warning signs early can mean the difference between a near miss and a full-blown breach
The UAE’s banks are re-architecting core systems around cloud, APIs and data platforms to enable real-time, mobile-first finance
In Bahrain, M42 is partnering with Mumtalakat through Amana Healthcare – Bahrain to provide long-term care and post-acute rehabilitation services in Al Jasra
Current foreign ownership in state-run banks ranges from a high of about 12 per cent in Canara Bank to near zero in UCO Bank as of September 30
The partnership is expected to generate over $1bn in value for the kingdom through the creation of new biotech assets
PRYPCO said the launch reinforces its position as a technology-driven company supporting real estate efficiency and agent empowerment in the UAE and beyond
Off-plan properties cater primarily to investors seeking future returns, while ready-to-move-in homes appeal to end-users seeking convenience
US West Texas Intermediate crude futures rose 44 cents, or 0.72 per cent, to $61.94, after rising 8.9 per cent and 7.7 per cent in the previous week
Hilton is on track to create more than 15,000 job opportunities across its properties in Saudi Arabia
The CEO of Search, AI, and AdTech at Yango Group, shares insights on innovation, localisation, and the next phase of AI