Mohamed Ghamdi

Kingdom’s first green guarantee issued for a hydrogen project Riyadh, Saudi Arabia, 5 June 2023: Standard Chartered has issued the Kingdom’s first-ever green guarantee for Larsen and Toubro (L&T), a global leader in engineering, procurement, and construction (EPC) projects. The green guarantee is issued for the green hydrogen project development at NEOM where L&T Saudi Arabia […]

Kaspersky researchers have uncovered an ongoing mobile Advanced Persistent Threat (APT) campaign targeting iOS devices with previously unknown malware. Dubbed as ‘Operation Triangulation’, the campaign distributes zero-click exploits via iMessage to run malware gaining complete control over the device and user data, with the final goal to hiddenly spy on users. Kaspersky experts have uncovered a new mobile APT […]

04 June 2023, Riyadh, Kingdom of Saudi Arabia: Mohamed Yousuf Naghi Motors Co.(MYNM), the authorised and official retailer for Jaguar Land Rover (JLR) in the Kingdom of Saudi Arabia, opened its latest and largest facility for the iconic British luxury brands in the capital of the Kingdom, Riyadh. The opening ceremony was attended by Mohamed […]

RIYADH, KSA –1 June 2023 – The Public Investment Fund (“PIF”) announced today the signing of a share subscription agreement (the “Agreement”) to invest in Tamimi Markets Company LLC (“Tamimi Markets” or “the Company”), one of Saudi Arabia’s leading grocery store chains, by way of a capital increase and subscription for new shares. The signing of this Agreement […]

Q Holding Group signed two important agreements with Trojan General Contracting, one of the leading local contracting and development companies, to design and build 1742 villas for Emiratis in Al Samha and West Baniyas region of Abu Dhabi for Q Holding. The two agreements follow the partnership between Q Holding and Abu Dhabi Housing Authority […]

NVIDIA today announced NVIDIA Avatar Cloud Engine (ACE) for Games, a custom AI model foundry service that aims to transform games by bringing intelligence to non-playable characters (NPCs) through AI-powered natural language interactions. Developers of middleware, tools and games can use ACE for Games to build and deploy customized speech, conversation, and animation AI models […]

During a ceremony to honor the first batch of “Thousand Miles for Entrepreneurship” program Riyadh, May 31. 2023 The Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef who is also the chairman of the National Industry and Services Development Program Committee honored the Social Development Bank (SDB) for its ongoing role in support […]

Recognizes the company’s Software Intelligence Platform as a trusted solution for optimizing hybrid and multicloud environments  WALTHAM, Mass., May 30, 2023 – Dynatrace (NYSE: DT), the leader in unified observability and security, announced today it has achieved the new Amazon Web Services (AWS) Cloud Operations Competency in the Monitoring and Observability category. By earning this competency, Dynatrace has demonstrated its expertise […]

The concept brings to life Samsung’s new 2023 TV line-up and showcases its unmatched VoD alliances  Dubai, UAE – May 30, 2023:  Samsung Gulf Electronics introduced the Smart House of Entertainment concept in Dubai to showcase how its 2023 TV line-up is best suited for the evolving lifestyle needs of consumers. At an exclusive event in […]

Dubai, May 29, 2023 – Hyundai Motor Company Middle East & Africa HQ today revealed the seventh-generation Azera flagship sedan in the Middle East markets. The all-new Azera has been true to its origins of refined premium quality & luxury since its  introduction in 1986, The All-New model comes with bold lines and an array of technologies […]

DUBAI, UAE, May 2023 – Otis Worldwide Corporation (NYSE: OTIS), the world’s leading company for elevator and escalator manufacturing, installation and service, introduces its Otis ONE IoT service platform in the Middle East.  The Otis ONE solution combines Otis’ more than 30 years of remote monitoring experience with the latest in cloud technology, machine learning and the Internet of Things […]

Oman, May 28, 2023, The ITU Arab Regional Cyber Security Center (ITU-ARCC) and Huawei have signed an agreement to jointly promote public-private partnerships (PPPs) in cybersecurity. The cooperation agreement was signed by Eng. Badar Al Salehi, Director General, Oman National CERT &Head of the ITU Arab Regional Cybersecurity Centre (ITU-ARCC) representing ITU-ARCC and Shunli Wang, VP […]

Riyadh, May 25: (iot squared), a leading company in the Internet of Things (IoT) technologies and a subsidiary of the stc group, has signed a cooperation agreement with “AHOY” Technology, specializing in smart mobility infrastructure and logistics services. This collaboration supports the complete transformation towards IoT, contributing to an advanced technological revolution that aims to achieve […]

25 May, 2023 Dubai, UAE: HUAWEI AppGallery continues to innovate and overcome obstacles, achieving outstanding success and milestones. AppGallery is the go-to app marketplace with endless exploration, supporting daily functions and offering innovative capabilities. With 580 million monthly active users and more apps being added daily, there are many apps to discover and more to explore no matter which […]

Riyadh, Saudi Arabia, May 24, 2023: stc Group, an engine of digital transformation in the region, announces that inspireU’s enablement to more than 90 startups since inception resulted in more than SAR 700 million of total investment gathered by Saudi entrepreneurs. The group also announced the expansion of the accelerator by launching a new track that provides […]

WhiteWater is participating in the event for the fourth time in a row, as SEA Expo gathers influential decision-makers and innovators from the entertainment industry in the Middle East HIGHLIGHTS Riyadh: WhiteWater, a leading manufacturer and designer of aquatic entertainment, is set to participate in the fifth edition of Saudi Entertainment & Amusement Exhibition (SEA EXPO […]

Riyadh, Kingdom of Saudi Arabia – 22 May 2023: Cisco unveiled a new era of dynamic options for hybrid work in KSA with the introduction of Webex for iPad. By delivering intuitive and powerful workflows for hybrid workers, the new capabilities allow for heightened productivity and engagement, regardless of where work happens.  Commenting on the new […]

Tailor-made program to empower university students in Saudi Arabia with a series of engaging workshops to develop a consulting skillset, mentorship with a BCG consultant, and networking opportunities.  Riyadh, May 24, 2023—  Boston Consulting Group (BCG), the global management consulting firm, launched the 5th edition of the Jeel Tamooh program on May 15. Under the theme ‘Building skills […]

The ground-breaking collaboration supports the aim of producing the first zero waste to landfill UEFA Finals by 2026   Dubai, UAE, May 22, 2023– PepsiCo, in partnership with UEFA (Union of European Football Association), is finding innovative ways to achieve the goal of making UEFA Champions League Finals zero waste to landfill by 2026, through the […]

Riyadh, Saudi Arabia – May 21st, 2023 – Geely Automobile Holdings Limited (0175.HK) proudly announces the publication of its 2022 Environmental, Social, and Governance (ESG) report, marking a significant milestone for the company in its commitment to sustainable development. The report highlights Geely Auto’s achievements in reducing carbon emissions, increasing new energy vehicle sales, and promoting […]

Equips partners with the skills and expertise to successfully deliver precise answers and intelligent automation to global customers at scale Riyadh, KSA, May 21, 2023 – Dynatrace (NYSE: DT), the leader in unified observability and security, announced the launch of its Services Endorsement Program. The program provides Dynatrace partners access to new training and exams focusing on unified observability and security, […]

Q1 2023(Million KD) Q1 2022(Million KD) Variance(%) Revenue 320.5 132.1 142.7% Net Revenue 187.1 67.1 178.6% EBITDA 60.4 33.9 78.1% Net Profit 15.3 12.8 20.0% EPS (fils) 6.00 5.06 18.6% Numbers above are rounded KUWAIT – May 15, 2023 – Agility, a long-term investor and operator in supply chain services, infrastructure, and innovation, today reported first quarter 2023 earnings […]