Riyadh Air & Adobe partner for AI-based personalized travel experiences
Riyadh Air and Adobe have entered into a strategic technology partnership in order to deliver personalized global travel experiences, powered by generative AI. As Saudi Arabia’s new world-class airline, Riyadh Air will integrate with a broad range of travel partners, both in the Kingdom and globally, allowing guests to manage their entire travel experience through […]
Saudi Arabia introduces clean diesel & gasoline fuels
Saudi Arabia’s Ministry of Energy has completed the launch of clean diesel and gasoline (Euro 5) in the Kingdom’s markets to replace previous fuels. The new fuels, like the previous ones, are suitable for all means of transportation and aim to provide highly efficient, low-emission fuel that supports environmental sustainability and the Kingdom’s Vision 2030 […]
Saudi TDF signs MoU with Dan Company to support agritourism
The Saudi Tourism Development Fund (TDF) has signed a Memorandum of Understanding (MoU) with Dan Company, one of the Public Investment Fund companies specializing in agri, eco, and adventure tourism. The MoU aims at supporting investments in the agritourism sector in the Kingdom, in line with the objectives of the National Tourism Strategy. The agreement […]
Zamil Steel wins construction contract for Bahri Logistics complex
Zamil Steel Pre-Engineered Buildings Company, a subsidiary of Saudi-based conglomerate Zamil Industrial, has clinched a significant contract from Bahri Logistics Company for the construction of the ‘Bahri Bonded Zone’ complex at Jeddah Islamic Port. A leading initiative, Bahri Bonded Zone, is aimed at establishing a world-class logistics hub within the Kingdom of Saudi Arabia. It […]
Aramco inks $6bn supply chain deal, boosts Jafurah field gas reserves
Saudi Aramco, the world’s biggest oil producer, has signed 40 corporate procurement agreements worth $6bn with local suppliers, as the state-owned energy giant seeks to develop the country’s energy services sector while boosting its localisation programme. The agreements cover the supply of a range of products comprising strategic commodities, such as instrumentation, and electrical and […]
Olam Group’s Singapore-Saudi dual IPO plan for agri unit delayed again
Olam Group said on Wednesday the initial share sale in its agricultural unit would not happen by the first half of 2024 while reporting a 41 per cent drop in annual underlying profit due to high interest rates and lower contribution from Olam Agri. Olam, one of the world’s biggest agricultural commodity traders, said last […]