16 Muharram 1444 - 13 August 2022
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Eye of Riyadh

Dubai records over AED1.2 billion in real estate transactions Tuesday
Business & Money | Thursday 4 August, 2022 11:48 am
Dubai real estate market recorded 396 sales transactions worth AED845.37 million, in addition to 110 mortgage deals of AED376.93 million, and 11 gift deals amounting to AED96.55 million on Tuesday, data released by Dubai's Land Department (DLD) showed. The sales included 356 villas and...
Servomex establishes new Middle East hub at Abu Dhabi Airports Free Zone
Business & Money | Thursday 4 August, 2022 11:46 am
Abu Dhabi Airports Free Zone (ADAFZ), a wholly owned subsidiary of Abu Dhabi Airports, announced that Servomex, the global expert in gas analysis, officially launched its operations at the airport freezone. As a leading provider of reliable, accurate and stable gas measurement solutions to...
The National Security Services Company (SAFE) Celebrates International Security Officers Day 2022
Business & Money | Thursday 4 August, 2022 11:11 am
The National Security Services Company (SAFE) celebrated ‘International Security Officers Day’ for the second year, with a special online training campaign recognizing Saudi security officers who dedicate their lives to maintaining the safety and security of individuals and organizations all...
Aramco, Sinopec sign initial agreement to collaborate on projects in Saudi Arabia
Business & Money | Thursday 4 August, 2022 11:04 am
Saudi oil giant Aramco has signed an initial agreement with China Petroleum & Chemical Corp., known as Sinopec, to collaborate on projects in the Kingdom, according to a statement. The areas of potential cooperation include upstream and downstream businesses, engineering and...
Twitter intentional about teams, hiring, costs: Company spokesperson
Business & Money | Thursday 4 August, 2022 10:51 am
Social media company Twitter last month reportedly laid off 30 percent of its recruitment team. And the firm has now announced it will slow hiring around the world. A Twitter spokesperson told Arab News: “As we’ve previously shared, Twitter is being intentional about our teams,...
Shahid almost doubles telecom partnerships in a year
Business & Money | Wednesday 3 August, 2022 3:24 pm
MBC Group’s streaming platform Shahid has almost doubled its partnerships with telecom operators since the relaunch of the platform in 2020. The streaming platform strengthened its distribution through telecom partners in the Middle East and North Africa region, jumping from 17 at the end of ...
Cisco Reveals Top Cybersecurity Threats Trends in Q2 2022
Business & Money | Wednesday 3 August, 2022 2:00 pm
Cisco Talos, one of the world’s largest private threat intelligence teams released its latest quarterly report that examines incident response trends and global cyber threats.  According to the report, during April, May and June 2022, commodity malware outpaced ransomware for the first...
A strategically located project in Makkah provides quick and easy access to the Grand Mosque
Business & Money | Wednesday 3 August, 2022 1:07 pm
Thakher Development Company, the master developer of the master plan and infrastructure of Thakher Makkah project, said that the project’s strategic location and connections to the most important highways enable investors and visitors, including pilgrims, Umrah performers and general visitors to...
Bahri signs two MoUs with Greek maritime logistics companies Dynacom and SeaTraders
Business & Money | Wednesday 3 August, 2022 12:56 pm
Bahri, a global leader in logistics and transportation, has signed two Memoranda of Understanding (MoUs) with Greek maritime firms Dynacom and SeaTraders to further collaborative efforts and assist Bahri during the continuous enhancement of its award-winning fleet. Both agreements were signed...
WebEngage raises $20 million in Series B; eyes IPO in three years
Business & Money | Wednesday 3 August, 2022 12:40 pm
 WebEngage, a full-stack retention operating system and one of the most resilient B2B SaaS startups, today announced that it raised $20 million in Series B led by Singularity Growth Opportunities Fund and SWC Global, with participation from existing investors India Quotient, Blume Ventures,...