#riyadh

Saudi’s Seera Group to operate inbound charter flights to the kingdom

Flights will operate from November 2022 through to March 2023

Sohag

Saudi carrier flynas to resume direct flights to Sohag from Riyadh, Jeddah

From October 30, three weekly flights will connect the two Saudi cities to Sohag

HSBC Saudi Arabia promotes Faris Alghannam to CEO role

Alghannam has been with HSBC Saudi Arabia since 2011

Wizz Air

Wizz to have 50-plane fleet in Saudi Arabia by end of decade

Wizz as a whole is planning for a fleet of 500 aircraft by 2030

Riyadh Saudi Arabia

Saudi oil driller hires Goldman, HSBC, SNB Capital for local IPO

Arabian Drilling operates 45 rigs and had revenue of $586m last year

Global AI Summit Saudi

Global summit on artificial intelligence begins in Riyadh

The second edition of the Global AI Summit brings together various stakeholders to discuss the future of artificial intelligence and the kingdom’s contribution to this field

Global cybersecurity Forum

Saudi’s NCA to host Global Cybersecurity Forum in November

Two-day forum will be held in Riyadh bringing together policymakers, governments, business, cybersecurity experts, academia and NGOs

UK launches negotiations for free trade deal with GCC

The deal would add at least £1.6bn a year to the UK economy and support new jobs across key industries

Qatar

Qatar world cup shuttle flights set to buoy Gulf tourism

The shuttle service will initially connect Doha with Dubai, Muscat, Riyadh, Jeddah and Kuwait City

STC Alibaba

Saudi’s stc Group announces launch of Alibaba Cloud in Riyadh

Alibaba will offer a wide range of cloud computing services and solutions, a step that will enable local companies to digitise their businesses

DXB

Dubai’s DXB records 13.6 million passengers in Q1 2022

DXB is currently connected to 193 destinations across 92 countries via 73 international carriers

Riyadh

Saudi oil refinery targeted in drone attack

The strike on the facility in Riyadh on Thursday morning did not result in any injuries, while the supply of oil from it remained unaffected too

Saudi Aramco

Saudi Aramco shares hit record as oil demand rebounds

Crude prices have surged around 20 per cent this year

Dubai’s Emirates, Saudi Tourism Authority ink agreement to underpin inbound tourism in the kingdom

The agreement aims to capitalise on the airline’s global network to amplify the Saudi Arabian experience for leisure travellers

Riyadh

Saudi Arabia convicts 11 people for laundering SAR10bn

An initial verdict has led to the conviction of two Saudi nationals and nine expatriates

Getty Images/Unsplash

Data and digital consulting firm Artefact expands to Saudi Arabia

Artificial intelligence is expected to contribute over $135.2bn in 2030 to the kingdom’s economy, equivalent to 12.4 per cent of GDP

Saudi unveils $1.1bn programme for digital content creation, media production

The ‘Ignite’ initiative will offer several incentives such as financial support for local, regional and international companies and startups

Hands-on review

Hands-on review: Huawei P50 Pro

The new smartphone is available for pre-order in the UAE at a price of Dhs3,999

Saudi Investment

Saudi’s largest-ever tech event, LEAP, to take place in February

The event will be held at the Riyadh Front Expo Centre from February 1-3 and will feature over 400 expert speakers across six conferences

Saudi fund’s digital security firm seeks $820m from IPO

The IPO comes as countries in the Middle East step up efforts to sell shares in private companies and boost liquidity on their stock markets

Gulf leaders stress need for joint security, approve establishment of GCC Railways Authority

The GCC Supreme Council also urged for the need to accelerate the establishment of a joint customs union and the GCC Common Market

Missile Attack

Video: Saudi forces destroy ballistic missile targeting Riyadh

The interception resulted in scattered debris over some residential areas, with no damages reported

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

Leap to bring together best minds in technology to tackle global challenges

Taking place from the February 1-3, 2022 in Riyadh, Leap will welcome speakers from all around the world

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

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

Saudi Arabia announces Riyadh’s bid to host World Expo in 2030

The UAE this year became the first Middle Eastern nation to host the World Expo event

Saudi to start electric-vehicle push in Riyadh

The kingdom aims to ensure at least 30 per cent of the cars in its capital are electric by 2030

Masdar and Germany’s Uniper to build green hydrogen plant in UAE

Biggest Saudi IPO since Aramco set for Riyadh trading debut

Initial demand amounted to several billion dollars

Dubai’s Emirates offers special A380 fares to over 20 destinations

The offer is valid for bookings made between October 5-18, 2021, for travel until June 2022