Foodics Capital, a micro lending platform from Foodics, a F&B and retail tech startup based in Saudi Arabia, has raised $100 million (SAR 375 million) to further support Saudi F&B merchants post COVID …
Yemen’s Houthis say attacked Saudi Arabia’s Abha airport with drone
Yemen’s Houthi movement attacked Saudi Arabia’s Abha airport on Tuesday with an explosives-laden drone, the group’s military spokesman said on Twitter.
UK faces new legal challenge over arms sales to Saudi Arabia
Campaigners seek judicial review of renewal of sales after court ruled them unlawful …
Red Sea Development to drive tourism in Saudi Arabia
John Pagano, chief executive of the Red Sea Development Company, has argued tourism has a vital part to play in the future of Saudi Arabia. With plans to welcome 100 million guests annually by 2030 on …
SNC-Lavalin awarded lead design contract for Six Flags Qiddiya theme park in Saudi Arabia
“We are proud to work with Qiddiya on this one-of-a-kind project that supports Saudi Arabia’s Vision 2030 and the acceleration of the country’s economic diversification agenda.” Qiddiya Investment …
COVID-19 in GCC: 27 die in Oman, 15 in Saudi Arabia
The Sultanate’s tally of COVID-19 cases has climbed to 112,932 in Oman after 1,095 people tested positive today. The Ministry of Health announced 27 more deaths, taking total fatalities to 1,174, and …
Saudi, Bahrain non-oil trade hits $2.17 billion in three quarters
Non-oil trade between Saudi Arabia and Bahrain increased 43 per cent to $688.4 million during the third quarter (Q3) of 2020 compared to $481 million during Q3 of 2019.
Saudi Arabia’s Most Influential ICT Leaders Gather Online for Virtual IDC CIO Summit
Saudi Arabia’s Most Influential ICT Leaders Gather Online for Virtual IDC CIO Summit (Photo – AETOSWire) “The IDC Saudi Arabia CIO Summit 2020 comes at a time when we are seeking to achieve higher …
Saudi Green Hydrogen Plan Won’t Erode Oil’s Dominance
(Bloomberg) — Saudi Arabia is building the world’s biggest green hydrogen facility, but oil will continue to be the kingdom’s main business after the plant starts operating in 2025. The $5 billion …
Riyad Bank signs acquiring agreement with JCB for local acceptance in the Kingdom of Saudi Arabia
Riyad Bank, a listed company on the Saudi Arabia Stock Exchange in the Kingdom of Saudi Arabia, and JCB International Co., …