Saudi Space Agency strikes MoU with LeoLabs
The Saudi Space Agency (SSA) has signed a memorandum of understanding (MoU) with LeoLabs to build a cooperative relationship in the field of space surveillance. Further, the MoU intends to exchange relevant expertise and knowledge and explore future cooperation opportunities. The deal was signed on the sidelines of the Space Debris Conference held in Riyadh. […]
Saudi Defense Ministry inks 19 deals with local and global firms
The Saudi Ministry of Defense revealed on Tuesday the signing of 17 contracts and two memoranda of understanding (MoUs) with a mix of local and international companies. The significant announcement was made during the ongoing World Defense Show 2024 in Riyadh. The objective behind these contracts is to elevate the readiness of the Armed Forces, […]
Array, ALUPCO® announce strategic Mideast partnership
Array Technologies (Array), a global leader in utility-scale solar tracking solutions, has signed its intent for a strategic partnership with Aluminum Products Company (ALUPCO®), a leading aluminum extrusion company in the Middle East and North African region (MENA). This partnership brings together expertise, reliability, innovation, and a local prominence, well-situated to help advance the future […]
Local content rate surges to 43% in Saudi Arabia , with a 20% jump in spending
Saudi Arabia has clearly communicated to the United States that it will not establish diplomatic relations with Israel without substantial progress on the Palestinian issue. The Kingdom is demanding the recognition of an independent Palestinian state within the 1967 borders and with East Jerusalem as its capital. Additionally, it has called for an end to […]
Jiad Modern Motors launches the all-new SUV Coupe: MG WHALE
Jiad Modern Motors, a Mohamed Yousuf Naghi Company and the distributor for MG Motor in Saudi Arabia, celebrated the official launch of the all-new MG WHALE SUV COUPE in a grand ceremony held at a luxury hotel in Jeddah. The event was attended by Eng. Ihab Elfeky, Managing Director of Jiad Modern Motors, distinguished businessmen, […]
Alfanar Engineering Services awarded at Saudi Aramco Total Refining and Petrochemical Company ceremony
Known for its outstanding project execution, Alfanar Engineering Services, a leading provider of engineering services for utility assets and electrical equipment, received an award from Saudi Aramco Total Refining and Petrochemical Company (SATORP) for their work in the scheduled maintenance of the first production line in October 2023. This commendation highlights the significant role played […]
Amit Midha appointed as global CEO of Alat
The Board of Directors of Alat, chaired by Crown Prince Mohammed Bin Salman, has appointed Amit Midha as its Global CEO. Midha brings a wealth of experience from his global leadership roles, including his recent tenure at Dell Technologies where he was instrumental in driving growth across Asia Pacific and Japan, managing a substantial portfolio […]
Monsha’at signs MoC with Jordan Enterprise Development Corporation
Monsha’at, the Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, has signed a memorandum of cooperation (MoC) with the Jordan Enterprise Development Corporation (JEDCO) of the Hashemite Kingdom of Jordan. The agreement, signed in the presence of Monsha’at Governor Sami Ibrahim Alhussaini and JEDCO CEO Abdel Fattah Al-Kayed on the sidelines […]
Saudi Commerce Ministry signs agreement with VFS for visa services
The Saudi Arabian Ministry of Commerce has entered into an agreement with VFS Global, the market leader in the outsourced visa and consular services space for governments, to provide visa application services through a center operated within the premises of the Ministry of Commerce headquarters in Riyadh. The agreement was signed in the presence of […]
Saudi’s Bahri Logistics signs MoU with GDC Middle East
Bahri Logistics, a business unit of Bahri, the national shipping company of Saudi Arabia and a global leader in shipping and logistics, has signed a Memorandum of Understanding (MoU) with GDC Middle East, a Saudi Public Investment Fund (PIF) company specializing in aerospace engineering, system solutions, and operation and support. The MoU aims to establish […]