#Saudi Arabia

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

Riyadh curbs parking hassles: Residential permits rolled out

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

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

Gaurav Biswas, founder and CEO, TruKKer

How TruKKer plans to expand rapidly within the MENA region

Saudi logistics and technology startup TruKKer launched operations in four additional markets in a single month – and there’s more to come. Founder and CEO Gaurav Biswas shares his vision

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

Abu Dhabi’s ADNOC Distribution posts net profit worth Dhs1.7bn for first nine months of 2021

It recorded a net profit of Dhs529m for the third quarter of 2021

Saudi Arabia chases $64bn Hollywood dream

The kingdom is launching its first international film festival

UAE says oil prices would be even higher if it wasn’t for OPEC+

Brent crude’s climbed 62 per cent this year to almost $84 a barrel

US backs $650m air-to-air missile sale to Saudi Arabia

The Aim-120 missile is one of the US Air Force’s top air-to-air weapon systems

Abha International Airport Saudi Arabia

Saudi forces intercept another drone attack on Abha airport

The Abha International Airport has faced several drone attacks in recent months

Saudi bourse Tadawul ends IPO wait, plans to list 30% stake

The offering could value it at between $3bn and $4bn

OPEC made only half of planned supply hike amid African losses

The combination of a recovery in fuel consumption after the pandemic and constrained supply has led to a global energy crunch

Expo 2020 Dubai welcomes 2.35 million visits in October

The Saudi Arabia pavilion has attracted half a million visitors already

Oil drops at start of key week as Biden boosts pressure on OPEC+

Crude has soared this year, with production trailing supply as the global economy recovered from the impact of the pandemic

Saudi budget sees first quarterly surplus since 2019 on high oil

Oil revenue was about SAR148bn, an increase of 60 per cent from the same period last year

Umrah 2025: Prophet’s Mosque launches toll-free call service

Etihad to restart flights between Abu Dhabi and Madinah in Saudi Arabia

The thrice weekly flights will commence on November 27

Buy-now-pay-later provider tabby partners with Saudi’s fashion platform Styli

Styli has grown 400 per cent since its launch two years ago

Saudi Arabia tells Lebanon ambassador to leave in 48 hours

Lebanese Prime Minister Najib Mikati said in a statement on the cabinet’s website on Saturday that Cordahi’s position does not represent that of the government

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

Billionaire Olayan family considers reviving plans for Saudi IPO

Established in 1969, Olayan Financing controls the billionaire family’s investments in the Middle East

Saudi’s Red Sea project signs agreements for nine hotels with 1,700 keys

The nine hotels are part of the 16 properties currently under development in the first phase of the project

Saudi Arabia signs MoU with HSBC to promote sustainable investments

The agreement covers the identification and promotion of sustainable investments in the kingdom

Saudi Arabia

Saudi: 44 global companies shift regional HQ to Riyadh ahead of 2024 deadline

The licenses were issued at the 5th edition of the Future Investment Initiative

Kuwait’s wealth fund plans to invest in Saudi green initiatives

The Kuwaiti authority is a founding member of the One Planet Sovereign Wealth Fund Working Group established in Paris in 2017

NEOM

Oracle signed on as first tenant of hyperscale data centre in Saudi Arabia’s NEOM

Oracle’s second cloud region in Saudi Arabia will enable support of Vision 2030 technology ambitions