Technology & IT | Tuesday 12 March, 2024 11:43 am

Opensignal Redefines Mobile Network Analysis Beyond Speed tests

The Opensignal, a globally acclaimed authority on mobile network experiences, in its Global Reliability Experience Report, found that mobile users valued reliable network services more than faster speeds, and considered reliability second only to cost, whereas Denmark has topped the list in...

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Business & Money | Tuesday 12 March, 2024 11:30 am

New Murabba leads Saudi Urban Development Investment Drive at MIPIM 2024 France

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,...

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Business & Money | Monday 11 March, 2024 10:54 am

PIF assets rise to $940.3B, ranks 5th globally

The Public Investment Fund (PIF) advanced to the fifth position among the world’s largest sovereign wealth funds (SWFs), after its net assets rose to $940.26 billion, according to the latest data from the SWF Institute.      PIF's assets rose by $163.6...

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Cars & Autos | Monday 11 March, 2024 9:39 am

Ceer to finalize EV factory in 2 years, eyes regional exports: CEO

Ceer will complete the construction of its electric vehicle (EV) factory within the next two years, with the launch of the designs and accessibility to the automotive market, CEO Mohammed Abuazzah told Al-Arabiya TV. The manufacturing capacity of the factory will align with market requirements ...

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Business & Money | Monday 11 March, 2024 9:31 am

solutions inks framework deal to provide Saudi Aramco with electronic devices

Arabian Internet and Communications Services Co. (solutions) signed today, March 10, a framework agreement with Saudi Arabian Oil Co. (Saudi Aramco) to provide the latter with electronic devices.   The agreement value may exceed 5% of solutions’ revenues as per the latest audited...

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Business & Money | Sunday 10 March, 2024 3:07 pm

Diriyah Company to showcase its masterplan at MIPIM

For the third consecutive year, Diriyah Company, a Public Investment Fund entity transforming Diriyah into a global, cultural, historical and lifestyle hub, will be returning to MIPIM, the global real estate exhibition  taking place in Cannes, as part of the Saudi Pavilion to showcase its...

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Business & Money | Saturday 9 March, 2024 8:29 am

Saudi Arabia spends SAR 35B on digital transformation: Official

Saudi Arabia's spending on digital transformation has exceeded nearly SAR 35 billion so far, said Hisham Al Sheikh, Vice Governor of the Shared Services Sector in the Digital Government Authority.   He indicated that spending on digital transformation will continue, Al Eqtisadiah...

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Business & Money | Saturday 9 March, 2024 8:26 am

REGA requests property owners in 56 districts to register

Saudi Arabia's Real Estate General Authority (REGA) called on property owners to register their properties in 56 districts across Riyadh, Dammam, and Madinah from until March 28, 2024.      In a statement, REGA said the first phase of registration will take...

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Business & Money | Saturday 9 March, 2024 8:25 am

PIF-backed Ceer to develop SAR 5B EV facility in Saudi Arabia

Ceer, the first Saudi electric vehicle (EV) brand and original equipment manufacturer (OEM), will develop a nearly SAR 5 billion EV manufacturing facility in King Abdullah Economic City.   The project will span over one million square meters (sqm), with an area under roof of 530,000...

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Business & Money | Saturday 9 March, 2024 8:09 am

LEAP24 witnesses launch of $13.4B investments

The third edition of LEAP 24 conference witnessed the launch of investments worth more than $13.4 billion, said Faisal Al-Khamissi, Chairman of the Saudi Federation for Cyber Security and Programming (SAFCSP).   LEAP 24 has officially become the most attended technical conference in...

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