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 […]
Dallah Healthcare sets new horizons with strategic expansion in Saudi Arabia
Dallah Healthcare Company, also known as Dallah Health Company, is embarking on a strategic mission to redefine healthcare services across Saudi Arabia. With an eye on becoming the leading healthcare provider for the nation’s citizens and residents, Dallah Health is also aiming to position the Kingdom as a premier destination for medical tourism. This ambition […]
Saudi Arabia grants investment license to University of Wollongong for branch establishment
The Saudi Ministries of Education and Investment have jointly announced the granting of an investment license to the University of Wollongong, Australia, as part of the Human Capability Initiative (HCI). This strategic step paves the way for the establishment of the university’s branch in the Kingdom, reflecting a significant advancement in providing innovative and globally […]
Saudi ministries partner with Arizona State University for new educational institutions in Riyadh
The Saudi Ministries of Education and Investment have entered into a strategic partnership with Arizona State University and Cintana Education Company, marked by the signing of a Memorandum of Understanding (MoU) at the Human Capability Initiative (HCI) conference. This collaboration aims to establish a new university and an affiliated school in Riyadh, offering internationally recognized […]
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 […]