Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
VIDSCOLA signs a groundbreaking agreement with NTIS to undertake the very first Jira Align implementation project in the R&D Sector across the Middle East Region
VIDSCOLA, a leading provider of agile transformation services and Atlassian solution partner, announced the commencement of the first implementation project of Jira Align at NTIS, a prominent R&D entity. This groundbreaking project marks a significant milestone in the R&D’s adoption of agile methodologies, streamlining processes, and improving efficiency. Jira Align, developed by Atlassian, is a […]
Digital Government Authority and Nutanix Sign a Memorandum of Understanding to Support Accelerating Digital Transformation and Innovation in Saudi Arabia
RIYADH, KSA, 27 September, 2023: Nutanix, a leader in hybrid multicloud computing, announced today the signing of a Memorandum of Understanding (MoU) with the Digital Government Authority (DGA) in the Kingdom of Saudi Arabia, with the aim of developing mechanisms for government agencies to benefit from cloud services, explore digital business opportunities and intensify ways of […]
The Digital Cooperation Organization Welcomes Qatar as a New Member State to Advance the Global Digital Economy
Riyadh, September 26, 2023 – The Digital Cooperation Organization (DCO) announced that the State of Qatar, a nation at the forefront of digital innovation and transformation, has joined as a new Member State in the organization. Qatar is the 14th Member State of the DCO, whose members represent a combined population of over half a billion people, further strengthening […]
Finastra signs global agreement with Microsoft to accelerate trade platform modernization
The agreement will deliver one of the leading global documentary trade and supply chain finance platforms – Finastra Trade Innovation, running on Microsoft Azure Dubai, UAE – September 26, 2023 – Finastra today announced a multi-year global agreement with Microsoft focused on trade platform modernization, building on the existing availability of Finastra Trade Innovation in the cloud. Delivering […]
Can Route Optimization Assist in Cutting Costs and Increase Efficiency?
Saudi Arabia, Jeddah, Sept 26,2023 – The Saudi Arabian food manufacturer, seller and distributor SASAFCO, with operations across the Middle East, has announced its new initiative, part of its Game changer Strategy, that focuses on the creation of stronger distribution points. With route planning and route optimization, SADAFCO is taking the next step in making […]
GGTech hires new CPO and Head of Global Sales to boost its international expansion
■ The global company with a presence in the region is expanding its international sales and business development team. Riyadh, September 25th, 2023.- GGTech Entertainment, an international company dedicated to the organisation and management of products related to entertainment, technology, gaming and esports, announces the addition of two new members to strengthen its global expansion. In this […]
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FedEx Wins ‘Logistics Company of the Year’ at the 2023 Logistics and Transport Awards
FedEx recognized for unparalleled network, sustainability efforts, and integration of technology with transportation and e-commerce services Photo caption: FedEx Express team receives the ‘Logistics Company of the Year’ award at the 2023 Logistics and Transport Awards DUBAI, U.A.E., September 24, 2023 – FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express […]
Related’s Rewards 3.0 solution Dominates at the TM forum in Copenhagen
From the Middle East to the World: Dubai, United Arab Emirates – 25 September 2023: At the recent DTW, TM Forum’s flagship conference, Related unveiled Rewards 3.0, a breakthrough solution that is offered to simplify, amplify and monetise the ever-evolving loyalty & rewards ecosystem by harnessing the power of Web 3.0 and the metaverse. The product was showcased as […]
ACCIONA ENERGIZES JUBAIL 3B REVERSE OSMOSIS DESALINATION PLANT
REGENERATIVE INFRASTRUCTURE 70% of the available land will be covered with a 61 MWp capacity photovoltaic facility which will reduce the power consumption from the grid and that reducing the CO2 emissions. RIYADH, SEPTEMBER 25, 2023. ACCIONA along with its Consortium Partner Sepco 3 and in close cooperation with Al Jubail International Water Company and the […]
LG Celebrates Saudi National Day with Exclusive Discounts on Air Conditioners
Riyadh, September 21, 2023 — As Saudi Arabia gears up to celebrate its National Day, LG Electronics is joining in the festivities with exclusive discounts and special offers on its range of air conditioners. This limited-time promotion is not just about keeping cool; it’s a celebration of innovation, energy efficiency, and savings for Saudi consumers. […]
SADAFCO Releases its Second Sustainability Report “Reinforcing Sustainability”
The company’s 2023 sustainability report highlights SADAFCO’s continuous commitment to its people, the communities it operates within, the environment, and its shareholders Jeddah, Saudi Arabia, 19th September 2023: SADAFCO announces releasing its second sustainability report disclosing the company’s sustainability performance for the period starting 1st April 2022 and ending 8th of August 2023. The report addresses the stakeholder engagement process, […]
FedEx Introduces Electric Delivery Vehicles to its Fleet in the UAE, Reinforcing its Commitment to Sustainable Logistics
EV adoption will support the company’s goal in achieving carbon-neutral operations by 2040 Dubai, United Arab Emirates, September 19, 2023 – FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, announced the deployment of its first three electric vehicles (EVs) to its fleet in the United Arab Emirates […]
Mastercard and Delivery Hero partnership fuels innovative consumer experiences in MENA
Riyadh, Saudi Arabia – 13 September 2023: Mastercard’s strategic partnership with Delivery Hero, the world’s leading local delivery platform, continues to fuel the growth of the ecommerce in the Middle East and North Africa (MENA) region. Since announcing a large-scale collaboration aimed at digitalizing Delivery Hero’s payment chain in 2020, the two companies have seen the number […]
Nahdet Misr and Obeikan Forge Strategic Partnership to Transform the Educational Landscape in the Middle East and Africa
Saudi Arabia, September 12th, 2023 Obeikan Group, a renowned conglomerate with expertise across various sectors in Saudi Arabia, and Nahdet Misr Group, Egypt’s leading provider of educational and capacity-building solutions, have forged a strategic partnership to revolutionize the educational landscape in the Middle East and Africa. Solidified through the signing of a memorandum of understanding, […]
FedEx Introduces FedEx® Sustainability Insights to Support Customer Emissions Reporting
New tool allows customers in the Middle East and North Africa to measure the carbon footprint of their shipments so they can improve transparency in their sustainability reporting Saudi Arabia, Sep 12, 2023 – FedEx Corp. (NYSE: FDX) has launched a new tool, FedEx® Sustainability Insights (FSI), giving customers across Asia Pacific, Middle East, and Africa (AMEA) […]
“Thakher Makkah” Launches SAR 2 Billion “Thakher Gardens” Project in Partnership with “Tatimah Capital”
Riyadh, Kingdom of Saudi Arabia, 11 September, 2023 Thakher Development Company, the master developer of the master plan and infrastructure of Thakher Makkah project, has announced a new partnership with “Tatimah Capital”, with the aim of developing “Thakher Gardens” within the project, and to be managed by a global operator, with value exceeding SAR 2 […]
Saudi Arabia is expected to be at the forefront of the data centre revolution in the region: JLL•
• Whitepaper released on the sidelines of Cityscape Global in Riyadh highlights Saudi Arabia as a key contributor to the growth of data centres in the region• Data centre investments expanding beyond Riyadh, Jeddah and Dammam to include the new smart city, Neom, supported by its USD 500 million hyperscale data centre investment• Quantum Switch […]
ROSHN achieves international ethical procurement kitemark, marking it as a globally trusted partner of choice
• ROSHN achieves Chartered Institute of Procurement & Supply (CIPS) Ethical Kitemark for procurement, demonstrating ethical practices in supplier procurement and management• Kitemark reflects ROSHN’s commitment to values of trust, integrity, and responsibility and high-quality of team training Riyadh, 11 September 2023: ROSHN, the Kingdom’s leading national real estate developer and PIF-funded giga-project, has attained […]
Clara’s new Cap Table feature set to further support founders, investors and lawyers
Clara, the legal operating system that provides digital tools to help founders form, manage and scale their startups, has launched a new cap table feature to address the pain points experienced by founders, investors and lawyers in trying to manage startup equity. If you’re asking what a ‘cap table’ is, it’s short for “capitalization table”. You can […]
ROSHN partners with Cityscape Global real estate forum to showcase new way of living
• Launch edition of the Cityscape Global conference opens today in Riyadh, bringing together industry leaders, investors, experts, stakeholders, and buyers to explore future of living• ROSHN founding partner sponsorship reflects commitment to best-in-class partnerships and enabling promising economic sectors in-line with Vision 2030• ROSHN leadership to share insights into integrating sustainability into future facing […]
Sherwoods International Property Showcases Diverse Real Estate Portfolio at CityScape Riyadh
Riyadh, KSA – Sherwoods International Property, a distinguished name in the real estate industry, is set to make a significant presence at the upcoming CityScape exhibition in Riyadh, scheduled from the 10th to the 13th of September. The event promises to be a platform where Sherwoods will showcase a comprehensive range of properties, offering attendees a unique opportunity to […]
Al Masaood Bergum Joins Global Architecture and Construction Leaders at Cityscape Global 2023
[Abu Dhabi, United Arab Emirates] – September 10, 2023 – Al Masaood Bergum, part of Al Masaood Group and one of the UAE’s leading modular building system providers, is set to join global construction experts and showcase its commitment to sustainable and innovative modular building solutions at Cityscape Global 2023. The highly anticipated event will take place […]