Technology & IT | Tuesday 4 June, 2024 12:14 pm

Ramco Payce: AI-enhanced payroll solution launches in KSA to tackle modern workforce challenges

The cutting-edge payroll system is set to help organizations focus on broader workforce management trends while simplifying payroll processes KSA has emerged as a significant market in the evolving global business landscape and has been attracting companies from around the world. As companies...

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Business & Money | Tuesday 4 June, 2024 11:46 am

Arabian Drilling suspends 2 rigs with Aramco, won’t extend third contract

Arabian Drilling Co. (ADC) and Saudi Aramco finalized their discussions on the suspension of three offshore drilling platforms, as announced previously.   The statement clarified that business contracts for two offshore drilling platforms were suspended for a period of up...

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Technology & IT | Tuesday 4 June, 2024 11:46 am

Future-Ready Bahrain: Digital and Sustainability Advancements Signal Smart City Ascent

Experts in contracting, development, design, architecture, and information technology have confirmed that the Kingdom of Bahrain is well on its way to becoming a leading smart city. This transformation is fueled by a variety of factors, including Bahrain's compact geographic footprint, advanced...

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Technology & IT | Tuesday 4 June, 2024 10:59 am

Informatica Summit in Saudi Arabia to Accelerate Path to Cloud-Powered Digital Transformation

 Informatica (NYSE: INFA), an enterprise cloud data management leader, has opened its doors to the first major data innovation summit in the Kingdom, which is set to outline a roadmap for how Saudi Arabia can accelerate its vision for becoming a cloud-first data-driven state ahead of the World ...

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Technology & IT | Tuesday 4 June, 2024 10:37 am

Digital innovation strategies key to overcoming challenges in Saudi Arabia's transformation, says PwC Middle East report

 In its latest report titled ‘Digital acceleration: Fueling the ambition for transformation success in Saudi Arabia’, PwC Middle East highlights that emerging digital technologies are pivotal to achieving transformative strategies and sustainable growth for organisations in Saudi Arabia,...

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Cars & Autos | Tuesday 4 June, 2024 10:31 am

NWTN Joins UAE Business Delegation to China

Agenda Dubai, United Arab EmiratesNWTN (Nasdaq: NWTN) announced today that it was part of the UAE President's Business delegation to China, marking a significant milestone in its strategic partnership with the region. This inclusion underscored NWTN's commitment to fostering...

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Business & Money | Tuesday 4 June, 2024 10:29 am

ACWA Power sells 30% stake in RAWEC to Hassana for SAR 844M

ACWA Power Co. signed, on June 3, a share purchase agreement (SPA) to sell 30% of its stake in Rabigh Arabian Water & Electricity Co. (RAWEC) to Hassana Investment Co., for SAR 844 million, according to a statement to Tadawul. The deal included Arabian Company for Water and Power...

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Business & Money | Tuesday 4 June, 2024 10:25 am

Franklin Templeton launches inaugural brand campaign in Saudi Arabia

Franklin Templeton is pleased to announce the debut of its inaugural brand campaign in Saudi Arabia. Following the firm’s operational launch in Riyadh2 in March 2024, the six-week advertising campaign highlights its long history, core values, and breadth of investment capabilities in the...

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Business & Money | Tuesday 4 June, 2024 10:23 am

Emaar Announces AED 1.5 billion Expansion of Dubai Mall

Emaar Properties has announced a monumental expansion of Dubai Mall, which will include 240 new luxury stores and food and beverage outlets. This project represents an investment of 1.5 billion dirhams, and the contractor is already mobilising on-site.  Announcing the impressive...

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Tourism & Hospitality | Tuesday 4 June, 2024 10:18 am

Saudi Tourism Authority and Taiba Investments Sign MoU to Boost Number of Chinese Tourists

Taiba Investments, a leading hospitality and real estate company, announced that it has signed a Memorandum of Understanding with the Saudi Tourism Authority (STA). Taiba Investments and STA will collaborate to enhance Saudi Arabia’s position as a leading destination for Chinese travelers while...

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