The ratings agency said the positive outlook reflects Saudi Arabia’s potential to bring in more reforms and investments
The DISA programme will build upon Qualcomm’s successful track record of similar initiatives in regions such as Taiwan, India, Vietnam and Africa
The milling firm said that the retail subscription period will run from September 18 to September 19
Despite regional flux, up to 42 per cent of UAE-based regional CEOs expect double-digit growth in 2024 indicating a thriving business environment, as per an EMIR survey
Dubai and Abu Dhabi have continued to enhance their data and service offerings through the REST and DARI platforms
The kingdom’s seasonally adjusted real GDP grew by 1.4 per cent compared to Q1 2024, as non-oil activities rose by 4.9 per cent YoY
According to the NielsenIQ H1 report, UAE shoppers exhibit a stronger loyalty to brands, often seeking promotions on their preferred choices
The kingdom aims to grow its production capacity for low-carbon products to diversify away from oil and gas business
The company has a robust presence in the Saudi flour market, and it is known for its premium FOOM brand, which holds the largest market share
The initiative is part of the Tourism Investment Enabler Program that is aimed at making Saudi Arabia a global tourism powerhouse
Huawei Cloud’s low latency of 25 milliseconds across Saudi Arabia demonstrates its commitment to delivering high-performance AI services
ACWA Power, a leader in energy transition and a pioneer in green hydrogen, will design, build, own, operate, and maintain the Hamriyah IWP
The state-owned energy firm is expected to finalise the stake purchase later this year
Huawei Cloud has served over 300 clients in Saudi Arabia, including government agencies, telecom providers, fintech firms and media outlets
GESAT has produced over 200 gas turbine modules, supporting power generation in up to 10 countries, including Saudi Arabia
24 Fintech aims to be the premier fintech event, platform, and community in Asia, Europe, and the MENA region
To mark the fintech sector’s growing importance and in line with Saudi Arabia’s Vision 2030, the inaugural 24 Fintech 2024 event is set to take place from September 3-5
The flagship fintech event is expected to attract over 26,000 attendees, 300 exhibitors, and 200 investors
Fintech remains one of the most popular sectors for venture capital investments in terms of deal volume
The region’s fintech sector is rapidly transforming, driven by strong investments, supportive regulations, and visionary initiatives like Saudi Arabia’s Vision 2030. As the sector grows, industry leaders share their insights on what lies ahead
Countries adopting their own AI applications and models will contribute about low double-digit billions to Nvidia’s revenue
Saudi Arabia will host the inaugural Olympic Esports Games in 2025 under a 12-year partnership agreement with the International Olympic Committee
The facility agreement was signed with a diverse global syndicate of 23 international financial institutions
The budget carrier will add three more UAE destinations, including Al Maktoum International Airport, Shaikh Zayed International Airport and Sharjah International Airport
Al Majed for Oud is offering 7,500,000 shares to investors – equivalent to 30 per cent of the company’s paid-up capital – at a price range of SAR90 to SAR94
Abdulaziz Daghestani looks at how the kingdom is addressing climate change while ensuring resource efficiency and reliable water supply in its cities
National non-oil exports, excluding re-exports, grew by 1.4 per cent in Q2 2024, while the value of re-exported goods surged by 39.1 per cent over the same period
The opening of the Riyadh Metro is just around the corner, says the country’s minister of transport and logistics
The Biden administration briefed Congress on the decision with reports indicating that weapons sales could resume as early as this month
The milling is offering the shares in two tranches — to institutional investors and retail investors — between September 1-19