Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Abu Dhabi Securities Exchange (ADX) partners with Eureeca to expand access to its IPOs for International Investors through Eureeca’s Global Digital Investment Platform
Abu Dhabi, United Arab Emirates, 19 March 2024: Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchanges in the world, is collaborating with Eureeca, a global investment platform matching individual and institutional investors with growth and pre-IPO companies. This collaboration aims to bolster accessibility to ADX IPOs in a fully compliant manner, appealing to growing interest from […]
Avaya and International Avaya User Group Unveil CX Force Awards 2024: A New Era of Customer Experience Excellence
Recognizing Trailblazers Transforming Customer Engagement Across Industries, Now Open for Nominations MORRISTOWN, New Jersey – March 19, 2024 – Avaya, a global leader in customer experience solutions, todaylaunched their inaugural edition of the CX Force 2024 awards, celebrating designed to spotlight and celebrate the innovators, strategists, and pioneers dedicated to reshaping the world of customer experience recognizing the individuals […]
KSA-focused CIO Report Reveals Complexity of Technology Stacks Continues to Rise as Multicloud Adoption Accelerates
97% of technology leaders in KSA find that traditional AIOps models deliver limited value, leaving teams unable to tackle the data overload Riyadh, Kingdom of Saudi Arabia, March 18, 2024 – Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the findings of an independent global survey of 1,300 CIOs and technology leaders in large […]
Almarai launches its investment strategy 2024-2028
Prince Nayef bin Sultan bin Muhammad: The size of the capital investment program for the next five years is +18 billion riyals Riyadh, Saudi Arabia, 18 March 2024: Almarai Company announced its investment strategy for the next five years, 2024-2028, to strengthen its leading position as the largest vertically integrated dairy company in the world, and […]
Saudi Showpiece New Murabba ‘Open for International Investment’
Cannes, France – March 17, 2023- New Murabba Development Company has made a powerful impression at the prestigious MIPIM 2024 event in Cannes, France. The event, which brings together the world’s leading players in the property development sector, saw New Murabba unveil its vision for reshaping urban development, and announced its readiness to welcome international investors. […]
Software AG Recognizes RER for Advancing Saudi Real Estate Operations
17 th March 2024, Saudi Arabia: Software AG (Frankfurt MDAX: SOW) awarded ‘Excellence in Real Estate services’ to The National Real Estate Registration Services company (RER), the exclusive operator of real estate registration activities in Saudi Arabia. This award recognizes the Registry’s endeavors that improved and enhanced real estate related services and achieved the goals of Saudi Vision 2030 in […]
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SAMI-AEC Celebrates Significant Achievement at LEAP 2024 with Key Partnerships and Cutting-Edge Technological Showcases
The company signed multiple deals with Aramco, ParagonID, Asas, Hail Region Development Authority, RealTyme, Honeywell, Asset, Kidana, and Cyberani Solutions Riyadh, 14 March 2024: In a significant stride towards reinforcing its status as a beacon of technological innovation, SAMI-AEC concluded its successful participation at LEAP 2024, one of the largest global technology events. Hosted in the […]
QUARA FINANCE THE LEADER IN DIGITAL MICROLENDING SUCCESSFULLY LISTS ON NOMU
Riyadh, Saudi Arabia; 7 March 2023: Quara Finance, a leading Saudi Company providing innovative Sharia-compliant financial solutions, today announced its successful listing on the Nomu-Parallel Market of the Saudi Exchange (Tadawul). The company’s IPO offering of 2.65 million shares, representing approximately 8.83% of its capital, was oversubscribed by 218%, demonstrating strong investor confidence in Quara […]
Visa joins Dubai FinTech Summit as Founding Partner & Co-Host
Dubai, 13 March 2024: Visa, a global leader in digital payments, has joined the Dubai FinTech Summit (DFS), organised by Dubai International Financial Centre (DIFC), the leading global Financial Centre in the MEASA region, – as a Founding Partner & Co-Host underscoring its dedication to support innovative and future thinking businesses on a global scale. Visa has cemented its partnership with DFS through a strategic […]
Emirates NBD KSA partners with Emirates Airline to transform regional travel with “Fly Now, Pay Down the Line’
Riyadh, Saudi Arabia – March 12, 2024: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has signed an agreement with Emirates to launch “Fly Now, Pay Down the Line”, where customers can pay for tickets with a 0% installment plan instantly at the time of checkout on the Emirates […]
3rd Edition of Global Project Management Forum to Commence in Riyadh in Early June
Riyadh, Saudi Arabia, 12 March 2024: Under the patronage of H.E. Eng. Saleh bin Nasser Al-Jasser, Saudi Minister of Transport and Logistics, the organizing committee of the Global Project Management Forum announces the launch of the third edition of the forum under the theme “We Achieve the Dream: Leadership, Empowerment, Sustainability”, scheduled to be held […]
Deloitte and Dynatrace expand partnership with Centre of Excellence in EMEA
Riyadh, KSA, March 12th, 2024 Today, Deloitte announced an expansion of its strategic partnership with Dynatrace (NYSE: DT), the leader in unified observability and security, to help European enterprises accelerate their digital transformation and cloud migration journeys. Dynatrace and Deloitte unveiled a new Centre of Excellence (CoE) in Barcelona as part of the expansion. This […]
Saudi Food Bank and Kiri Collaborate to Provide 20,000 Meals during Ramadan
The partnership reflects Kiri’s dedication to promoting kindness and generosity during Ramadan. Jeddah, Saudi Arabia, 12 March 2024 – The Saudi Food Bank (Et’aam), a prominent non-profit organization specialized in food in Saudi Arabia & gulf region, collaborates with numerous companies across various industries through its “Iftar fast breaking program” during Ramadan. This initiative aims to distribute […]
Pieter (Piet) W. Bil becomes new Managing Director for Kyndryl Middle East and Africa
Riyadh, Saudi Arabia, 11 March 2024 – Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, today announced Pieter (Piet) W. Bil as Senior Vice President, Managing Director for Kyndryl Middle East and Africa (MEA). The appointment underscores the company’s commitment to help our MEA customers modernize and manage their mission-critical systems by taking advantage of emerging technologies to drive […]
New Murabba leads Saudi Urban Development Investment Drive at MIPIM 2024 France
Cannes, France – March 11, 2023 – New Murabba Development Company, a leading urban development destination in Saudi Arabia, is showcasing its transformative vision at the 2024 MIPIM, a prestigious real estate event gathering industry leaders from across the globe taking place on 12-15 March at the Palais des Festivals, Cannes, France. Under the “Invest Saudi” […]
BIGO Technology’s Strategic Vision for Saudi Arabia
Discover how BIGO Technology’s commitment to Saudi Arabia’s digital landscape aligns with its vision for regional growth, community engagement, and corporate social responsibility, contributing significantly to the Kingdom’s Vision 2030 goals.
Finastra hires Chief Technology Innovation Officer
Mike Stawchansky to drive all customer technology and innovation initiatives Dubai, UAE – 8 March, 2024 – Finastra today announced the appointment of Mike Stawchansky to the role of Senior Vice President, Chief Technology Innovation Officer. Mike is working in the Office of the CEO and is responsible for Finastra’s customer technology and innovation initiatives. Mike said, […]
“Al Rajhi Bank” Signs a Strategic Partnership Agreement with “WalaPlus”
The loyalty program “Mokafaa” at “Al Rajhi Bank” has signed a partnership agreement with “WalaOne” program, a subsidiary of “WalaPlus” company, to provide their services to the reward program’s customers. This partnership will grant them the ability to earn 5 reward points for every 1 Saudi Riyal loaded into the “WalaOne” wallet using payment methods […]
Saudi Arabia’s Ejada and PwC Middle East collaborate to offer digital transformation and cloud solutions
Riyadh, Kingdom of Saudi Arabia; 4th March 2024: ejada, a technology solutions provider headquartered in Saudi Arabia, and PwC Middle East, one of the world’s leading professional services firms, have signed a Memorandum of Understanding (MoU) at LEAP 2024 in Riyadh to jointly collaborate in offering digital transformation and cloud solutions to serve public and private […]
ZCG and Fawaz Alhokair Announce Strategic Partnership and Direct Lending Joint Venture Focused on Investment Across Saudi Arabia
NEW YORK & JEDDAH, Saudi Arabia–(BUSINESS WIRE /AETOSWire)– Z Capital Group (“ZCG”), a leading privately held merchant bank, and Zahrat Al Amaal Holding Company (“Fawaz Alhokair”), an investment entity founded by Fawaz Alhokair, today announced a direct lending joint venture focused on providing flexible capital solutions to high-growth small- and medium-sized enterprises (SMEs) in Saudi Arabia. […]
Revolutionizing Urban Development and Disaster Management with Space Technology: Serco’s Pioneering Approach
Explore how Serco leverages space technology for urban development, disaster management, and climate change initiatives, highlighting the critical role of space data in shaping a sustainable future.
ejada Enhances APM Customer Support with Cisco AppDynamics Partnership
KSA , Riyadh – ejada, a leading technology solutions provider, has announced the signing of a strategic partnership agreement with Cisco AppDynamics, the leading application performance management solution for modern application architectures. The partnership, inked on the sidelines of the LEAP24 event, upgrades ejada’s status as a Managed Service Provider (MSP). The partnership is a significant […]