SITE becomes Host Partner of IDC Saudi Arabia CIO Summit
IDC has received Saudi Information Technology Company (SITE) as the Host Partner for the 13th Edition of the Annual Saudi Arabia CIO Summit, Scheduled for September 13-14 at the Fairmont Hotel in Riyadh. The annual IDC Saudi Arabia CIO Summit stands as a highly anticipated event on the region’s tech industry calendar. This year’s edition, […]
Saudi Arabia’s NCM issues ‘yellow alert’; forecasts heavy rain, thunderstorm
Saudi Arabia’s General Directorate of Civil Defence has urged caution over the prolonged spell of rain and thunderstorms forecast for most regions of the kingdom this week, as per Saudi Press Agency. The country’s National Centre of Meteorology (NCM) has issued a “yellow” warning forecasting heavy rains and thunderstorms for most cities. Yellow alert due […]
Saudi Arabia establishes Global Water Organization
The Kingdom of Saudi Arabia has established a Global Water Organization, to be headquartered in Riyadh. The organization aims to integrate and enhance the efforts made by governments and organizations in securing global water sustainably. It plans to exchange expertise, advance technology, foster innovation, and share research and development experiences. Moreover, it will promote the […]
AFC Energy & TAMGO sign exclusive distribution agreement
AFC Energy, a leading provider of hydrogen energy solutions, has signed an exclusive distribution agreement with Saudi Arabia’s The Machinery Group (TAMGO) to market and sell AFC Energy’s zero-emission hydrogen-fueled H-Power Generators. Under the agreement, TAMGO will market and sell or lease to end-customers AFC Energy’s zero-emission hydrogen-fueled H-Power Generators in the industrial and off-grid […]
Saudi Arabia: King Salman Energy Park’s Logistics Zone to begin operations in 2024
King Salman Energy Park (SPARK) has said that its Logistics Zone will begin operations in 2024. The Logistics Zone, an advanced, fully automated district, will feature the first and largest private dry port in the region, on-site customs clearance services and bonded warehouses. It will be operated and maintained by SPARK Logistics, a joint venture […]
India’s crude oil imports from Saudi Arabia surges
India’s appetite for cheap Russian oil imports took a breather in August as monsoon rains dampened demand and refiners scheduled routine maintenance works. The world’s third largest crude consumer reduced oil imports from Moscow for the third consecutive month in August to 1.57 million barrels a day, down 24 per cent on the month and […]
Saudi Arabia receives 7.8 million tourists in Q1 2023
Saudi Arabia’s Ministry of Tourism said that the country received 7.8 million tourists during the first quarter of 2023. That figure, it says, represents its highest quarterly performance, and was achieved on the back of a 64 per cent growth compared to the same period in 2019. It added that the kingdom achieved second place […]
Jada Fund collaborates with Aliph Capital to support Saudi SMEs
Jada Fund of Funds Company, a Saudi Arabia PIF-owned company, has strategically partnered with GCC-led investment manager, Aliph Capital, to support Small and Medium-sized Enterprises (SMEs). Under the partnership, Jada will invest in “Aliph Fund I,” a buyout fund managed by Aliph Capital. The move reinforces Jada’s commitment to supporting SMEs in the Kingdom of […]
Saudi Arabia launches ‘Fuel’ program
Saudi Arabia’s Ministry of Communications and Information Technology and the global online learning platform Coursera, in cooperation with the National eLearning Center, have launched the ‘Fuel’ program to provide training on skills for jobs of the future. Under the program, a total of 100,000 Saudi citizens will receive training during the first year. Through this […]
Red Sea Global joins World Travel & Tourism Council
the Red Sea Global (RSG), the developer behind two of the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has joined the World Travel & Tourism Council (WTTC) as a destination partner. WTTC is the global authority on the economic and social contribution of travel and tourism. It promotes sustainable growth for […]