Kaspersky Transparency Center inaugurated in Riyadh
Kaspersky, a global cybersecurity and digital privacy company, has launched its “Transparency Center”, the first of its kind in the Middle East. The Center was inaugurated by His Excellency the Vice Minister of Communications and Information Technology, Engineer Haitham bin Abdul Rahman Al-Ohali, in the presence of officials from the Ministry, the company, and a […]
Ukraine’s MHP, Tanmiah invest in Saudi Arabia’s poultry value chain
Tanmiah Food Company and Ukraine’s MHP have agreed to co-invest more than SAR200m in farming operations with more than one million parent stock capacity, as part of a broader strategy to advance Saudi Arabia’s poultry value chain. “Utilising our local knowledge combined with global best practices, our portfolio of best-in-class products, services, and solutions demonstrates […]
Saudi’s ACWA Power inks clean energy deals with Chinese firms
Saudi-listed ACWA Power has signed key MoUs with two Chinese firms to promote collaboration in areas such as green hydrogen and ammonia, global renewable energies, and integrated smart energies. The agreements were inked with state-owned China Southern Power Grid International Company and clean energy integrated solution provider MingYang Smart Energy Group, during the China (Guangdong) […]
G20 Summit: 11 key highlights of the New Delhi declaration
India’s presidency of the G20 group of countries saw the adoption of the New Delhi Declaration on the first day. It was adopted on Saturday, September 9 with a full consensus on all developmental and geo-political issues. Leaders from the world’s top economies found common ground in spite of significantly different stances on topics such […]
Amanat Holdings partners with Mada International Holding
Amanat Holdings (Amanat), a leading healthcare and education listed investment company, has entered into a partnership with Mada International Holding, one of the leading and well-diversified Infrastructure developers in the Kingdom of Saudi Arabia. This partnership will allow both parties to collaborate on Ministry of Health Public-Private Partnership (PPP) projects in Saudi Arabia, focused on […]
Saudi Venture Capital invests in a VentureSouq Fintech Fund
Saudi Venture Capital (SVC) has invested $5 million in a fintech fund managed by VentureSouq (VSQ). VentureSouq (VSQ) is a MENA-based venture capital fund manager with a global portfolio. VSQ manages thematic funds, with a current focus on FinTech. Dr. Nabeel Koshak, CEO and Board Member at SVC, said that the investment in the fintech […]
Saudi SME Bank signs cooperation deal with India’s SIDBI
The Small and Medium Enterprises Bank (SME Bank) of Saudi Arabia has signed a joint cooperation agreement with the Small Industries Development Bank of India (SIDBI). SMEB acting CEO Mr. Abdulrahman bin Mohammed bin Mansour and SIDBI Deputy Managing Director Mr. Sudatta Mandal attended the signing ceremony in the Indian capital, New Delhi, on the […]
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 […]