Telefónica benefits from a portfolio of infrastructure assets and technology platforms, where it is developing capabilities in areas such as cognitive intelligence, edge computing and IoT
The corporate banking portfolio grew by 5 per cent YoY to $4.3bn while its net interest income rose by 10 per cent to $45.9m
The data centre will store data locally in line with Saudi Arabia’s data regulations
The low-cost carrier now has four bases across Saudi Arabia
ACWA Power signed the strategic cooperation agreements at the Saudi-Italian Investment Forum held in Milan on September 4
The kingdom’s incoming tourism revenue grew by about 225 per cent to reach SAR37bn in the first quarter of this year
Since July, the kingdom has pledged to implement a unilateral production cut of one million barrels a day on top of existing curbs
The investment reinforces Jada’s commitment to supporting small and midsize enterprises in Saudi Arabia
The group has revealed its operational performance during the peak of the summer travel season from May 21-August 2, 2023
The agreement includes the activation of a female training programme specialised in the field of engineering and maintenance
The zone will be operated by SPARK Logistics, a JV between SPARK and Hutchison Ports and will handle ten million metric tonnes of cargo
The decline in July was the biggest since the government transferred $40bn to its wealth fund from the central bank to invest abroad
The jet lessor will acquire a portfolio of 100 narrowbody aircraft and become a servicer for another 22 jets
The offering will consist of 338.7 million shares, which will include the issuance of 237.1 million new shares through a capital increase
The platform allows users to access reliable information about the value of real estate transactions in any geographical area they choose
The kingdom will build 59 logistics centres with a total area of more than 100 million square meters
UEFA members include a few non-European countries, including Kazakhstan, whose clubs can participate in the Champions League
The BRICS grouping has announced an expansion in its ranks with six new members, including UAE, Saudi Arabia, Ethiopia and Egypt
Tonomus CEO explains how NEOM’s first digital communications facility will connect the city to the world by rolling out and using cutting-edge telecommunications
The 273-key property will have direct skywalk access to the terminal building at King Fahd International airport
The initiative is part of a strategy announced for the King Abdullah University of Science and Technology
Customers have to book tickets between August 17-30, with the validity for travel being between September to November
The four-day programme will host master developers, exclusive showcases of giga projects, as well as B2B real estate services
It is the first time that a project in the Middle East has received the accolade in LEED for Cities and Communities
Within the GCC, the largest number of Indian schools are in the UAE
The two entities will jointly explore opportunities to develop best practices and solutions for the airline’s recycling needs
The food manufacturer’s half-year profit increased by 2.2 per cent to SAR32.4m from SAR31.7m a year earlier
It will be powered by 100 per cent renewable energy from over 760,000 solar panels that Red Sea Global has built to power The Red Sea destination
HSBC Saudi Arabia, Al Rajhi Capital, SNB Capital, and AlJazira Capital have been appointed as joint lead managers to lead the transaction
The partnership is the first sports sponsorship deal that Riyadh Air has signed since its official launch in March