Arcapita, Rikaz to build top-class logistics park in Riyadh
Arcapita Group Holdings Limited, the global alternative asset manager based in Bahrd , has announced a strategic collaboration with Rikaz, a prominent large-scale real estate developer in Saudi Arabia, for the development of a top-class logistics park – The Node – in capital Riyadh, which is designed to meet the specifications of prominent international and […]
Saudi Arabia ranks first in e-government services in MENA in 2023
Saudi Arabia ranked first in the Government Electronic and Mobile Services Maturity Index for 2023, issued by the United Nations Economic and Social Commission for Western Asia (ESCWA). The Kingdom maintained its lead for the second consecutive year with a high maturity score of 93 percent in the overall index result. Eng. Ahmed Alsuwaiyan, governor […]
Saudi Arabia’s universities at the forefront of research innovation
Saudi Arabia’s Vision 2030, a strategic framework for economic and societal transformation, places significant emphasis on the role of research and development (R&D) within the nation’s universities. These institutions are not merely academic centres but are increasingly becoming vital contributors to cutting-edge research, propelling the Kingdom toward its ambitious goals. The Kingdom has made significant […]
Dr. Soliman Fakeeh Hospital soars into top 15 Saudi brands: A testament to patient-centric care
In a resounding validation of its unwavering commitment to excellence, Dr. Soliman Fakeeh Hospital has ascended to the prestigious ranks of the top 15 Saudi brands for 2023, according to the highly anticipated NPS Benchmarking Report. This remarkable achievement, placing the hospital at an impressive 11th position, stems not from self-proclaimed accolades but from the […]
Italian multinational Mapei buys top Saudi waterproofing company
Mapei Group, a leading Italian multinational manufacturer of chemical products for use in the building industry, has announced the successful acquisition of Bitumat, a leading manufacturer of waterproofing solutions in the Kingdom of Saudi Arabia (KSA). The acquisition marks a significant milestone for Mapei Group as it bolsters expansion plans to strengthen its presence in […]
Media Minister launches ‘Saudipedia’ digital platform at FOMEX
Saudi Media Minister Salman Al-Dosary launched the ‘Saudipedia’ digital platform on Monday at the Future of Media Exhibition (FOMEX) in Riyadh as part of the Saudi Media Forum activities. The event was attended by the Minister of Communications and Information Technology, Abdullah Al-Swaha, along with various officials from Arab and international media outlets. ‘Saudipedia’, part […]
PIF acquires 40% stake in Zamil Company to boost Saudi Arabia’s offshore support sector
The Public Investment Fund (PIF) has finalized its acquisition of a 40% stake in Zamil Offshore Services Company, a leading Saudi-based operator and service provider in the offshore support vessel and construction industry. This strategic investment is set to fortify Zamil Offshore’s capital base, enabling the company to expand its services and fleet in response […]
First AI-powered satellite imagery firm set up in Saudi Arabia
SpaceKnow, a New York-based technology company dedicated to transforming space data into actionable intelligence has announced the launch of SpaceGuardian, the first approved company dedicated to satellite imagery and AI (artificial intelligence) analysis in Saudi Arabia. SpaceGuardian specializes in applying machine learning AI on satellite imagery to facilitate economic activities, energy and commodities analysis, environmental […]
KAFD awards contract for latest hospitality project to SAUDICO & ALEC FITOUT
King Abdullah Financial District Development & Management Company (KAFD DMC) has awarded a contract for the complete fitout design and implementation for the district’s latest hospitality destination to the joint venture between SAUDICO and ALEC FITOUT. Marking the occasion with a signing ceremony at KAFD were Gautam Sashittal, Chief Executive Officer at KAFD DMC, and […]
SDAIA strikes MoU with FIWARE to localize technology
The Saudi Data and AI Authority (SDAIA) has signed a memorandum of understanding (MoU) with the FIWARE Foundation in order to localize the technology and adapt it to the local language, culture, regulations, infrastructure, and skills. According to the statement, “Further, it intends to support Arabic interfaces, compatible features, local cloud hosting, and training information-technology […]