NEOM Tech & Digital Co. launches XVRS cognitive metaverse and M3LD data management platform as part of a $1bn investment
Local investors placed orders worth SAR206bn
Cuemath, backed by Google, launched its operations in the UAE in June 2021
Pilot scheme for fully automated electric passenger pod will ferry people between the south entrance to AlUla’s Old Town and south car park
The company’s Series A round was led by Silicon Valley’s Graphene Ventures
The Saudi benchmark index has jumped about 9 per cent this year
The group aims to be the leading national and international gaming and e-sports company
The event will be held at the Riyadh Front Expo Centre from February 1-3 and will feature over 400 expert speakers across six conferences
The project will feature upscale accommodation with more than 150 keys
Euro-denominated outstanding debt is currently around 2 per cent of the kingdom’s overall portfolio
The IPO comes as countries in the Middle East step up efforts to sell shares in private companies and boost liquidity on their stock markets
PIF-owned SCAI will foster innovation in strategic sectors and accelerate key national technological priorities
The Boutique Group will transform historic and cultural palaces into luxurious boutique hotels in Saudi Arabia
Sequoia is deepening its presence in the Middle East after recently backing companies from Turkey to Egypt
Last month, the 10 OPEC nations in the accord managed only 60 per cent of their stipulated 250,000 barrel-a-day increase
Following $122bn in debt sales in 2021, governments and companies will probably front-load much of their funding needs this year
Brent crude’s climbed 11 per cent since the end of December to above $86 a barrel
The new facility will also provide customers original spare parts, onsite troubleshooting, in-house maintenance services
The joint ‘Infra Initiative’ aims to incentivise more private sector investments and mobilise funding for utility projects
The new R&D centre in Riyadh will focus on security innovations for smart cities and cognitive surveillance technologies
Our approach not only defines success based on economic value, but applies a regenerative lens to go beyond simply protecting the ecosystems
On Tuesday OPEC+ decided to increase production in February by 400,000 barrels a day
The Organization of Petroleum Exporting Countries added just 90,000 barrels a day in December
The returns were due to its long-term portfolio allocation and market performance
The project to bring smart street lighting solution is for one of the key cities in the kingdom
It sees a surplus of 1.4 million barrels a day in the first three months of 2022
The new regulations come after health officials reported an increase in Covid-19 infections
Alexa will offer UAE and Saudi Arabia customers localised language experience in Khaleeji Arabic as well as in English
ekar is now taking on the global automotive subscription services market, which is set to surpass $40bn by 2026
The company plans to sell just over two million shares to raise about SAR1.8bn.