Lintec & Linnhoff seals Saudi distribution agreement with Medco
Lintec & Linnhoff, a global leader in asphalt and concrete batching plants, has signed up Middle East Development Company (Medco) a leading company dealing in premium industrial and construction equipment, as its exclusive distributor for the Kingdom of Saudi Arabia. The Medco distributor agreement will cover the full range of Lintec & Linnhoff’s asphalt mixing […]
Aramco launches new AI model, innovative R&D network
Saudi oil giant Aramco has unveiled the company’s new large language AI model, aramcoMETABRAIN, and also establishment of an innovative R&D network, the Saudi Accelerated Innovation Lab (SAIL), that aims to advance the digital economy. Announcing the launch, Aramco President & CEO Amin Nasser said the aramcoMETABRAIN was a groundbreaking, industrial-grade generative AI model based […]
Honeywell joins ‘Made in Saudi’ as first gas detection manufacturer
Honeywell has announced that it will be the first gas detector manufacturer to join the ‘Made in Saudi’ initiative, demonstrating the company’s commitment to supporting localisation and economic diversification in Saudi Arabia. Honeywell will assemble and calibrate three different gas detection solutions locally at its Dammam site. The Honeywell BW Max XT II is a portable multi-gas detector […]
Adobe plans to open regional headquarters in Riyadh
Adobe has announced plans to establish a new regional headquarters in Riyadh as part of its expansion in the region, following RHQ license approval from the Saudi Ministry of Investment. The regional headquarters of Adobe is expected to open by early 2025 and will enable Adobe to better serve the ever-growing demand for digital customer […]
Dell & TAWAL collaborate to advance Saudi telecom sector
Dell Technologies and TAWAL have signed a Memorandum of Understanding (MoU) to collaborate on new opportunities to advance the telecommunications industry in Saudi Arabia. TAWAL, established in 2019, is the first telecommunications tower company in Saudi Arabia and the largest in the Middle East. As per the MoU, Dell and TAWAL will engage in exploring […]
Saudi’s KACST signs 13 global & local agreements in future tech sector
King Abdulaziz City for Science and Technology (KACST) has signed 13 local and international strategic partnerships to build the semiconductor system, establish centers of excellence to accelerate technical development in emerging technologies and future communications, and qualify national cadres, as part of the work of LEAP tech conference. Partnerships in Semiconductor industry KACST’s partnerships in […]
AWS to launch ‘Infrastructure Region’ in Saudi Arabia
Amazon Web Services (AWS) has announced that it will launch an AWS infrastructure region in the Kingdom of Saudi Arabia in 2026. The new AWS Region will give developers, startups, entrepreneurs, and enterprises, as well as healthcare, education, gaming, and nonprofit organizations, greater choices for running their applications and serving end users from data centers […]
450 foreign firms to set up regional HQ in Saudi Arabia
Saudi Arabia has granted licences to 450 foreign investors to open their regional headquarters in the kingdom in a major boost to the country’s economic growth as it will create immense employment opportunities, said Minister of Investment Engineer Khalid bin Abdulaziz Al Falih. He was addressing the gathering at the ‘Human Capability Initiative,’ the first-ever […]
Saudi-based Sahm Capital joins hands with Alibaba Cloud SCCC
Sahm Capital Financial Company, previously known as VCFC, a leading Fintech firm based in Riyadh, has collaborated with Alibaba Cloud SCCC, a cloud service provider jointly founded by Alibaba Cloud and STC Group, to further enhance system reliability and strengthen user experience on the platform stability for its all-in-one trading app, Sahm. Launched in December […]
Saudi & Albania launches Business Council marking new economic cooperation
The Federation of Saudi Chambers has inked an agreement with the Union of Chambers of Commerce & Industry of Albania (UCCIAL) to establish the Joint Saudi-Albanian Business Council. The agreement was signed during the Saudi-Albanian Business Forum held in the Albanian capital, Tirana, with the participation of over 250 officials, investors, and representatives from government […]