GEOSA Delegation Attends DGI 2026 Geospatial Conference in London
GEOSA delegation led by Dr. Mohammed bin Yahya Alsayel participated in DGI 2026 in London. The conference focused on geospatial security and defense technologies.
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Tag: electric vehicles Saudi Arabia
Zoho Corporation Surpasses One Million Customers Globally on 30th Anniversary
Zoho Corporation reaches one million paying customers and 150 million users worldwide on its 30th anniversary, with MENA emerging as second fastest-growing market.
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Half of Saudi Consumers Willing to Pay for Guaranteed 5G Network Performance
New Ericsson ConsumerLab study finds half of Saudi consumers willing to pay for guaranteed 5G network performance, with assured quality accounting for 53% of mobile plan decisions.
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Snap Launches Snap Souq AR Experience for Ramadan in Saudi Arabia
Snap launches Snap Souq, an AR experience inspired by Saudi souqs for Ramadan. The feature engages 25 million Snapchat users in the Kingdom.
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SADAFCO Declares SAR 8 Per Share Cash Dividend as Full-Year Revenue Reaches SAR 2.99 Billion
SADAFCO approved a cash dividend of SAR 8 per share for H2 2025, totalling SAR 255.7 million. Full-year revenue reached SAR 2.99 billion, up 4.96% year-on-year.
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Riyadh Office Market Maintains 98.5% Grade A Occupancy in Q4 2025
Riyadh’s office market maintained 98.5% Grade A occupancy in Q4 2025, with average rents reaching SAR 2,333 per sqm and over 700 global companies establishing regional headquarters.
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Anghami and Literature Commission Launch SAJJEL 2 Podcast Competition in Saudi Arabia
Anghami and the Literature, Publishing and Translation Commission launched SAJJEL 2, a literary podcast competition offering over SAR 90,000 in prizes and professional production support for Saudi creators.
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Moody’s Establishes Regional Headquarters in Riyadh
Moody’s Corporation establishes regional headquarters in Riyadh, expanding its presence in Saudi Arabia to support capital market development and Vision 2030 initiatives.
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HUMAIN Invests $3 Billion in xAI Series E Round Before SpaceX Acquisition
HUMAIN invested $3 billion in xAI’s Series E funding round before SpaceX’s acquisition, becoming a key minority shareholder with equity converted to SpaceX shares.
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Kaspersky Signs Cooperation Agreement with Qassim University to Develop Cybersecurity Skills
Kaspersky signed a cooperation agreement with Qassim University to enhance cybersecurity education and professional training for students and faculty members in Saudi Arabia.
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EY KSA and Microsoft Collaborate on Consulting Services Through EY Studio+
EY KSA and Microsoft announced a collaboration to deliver consulting services through EY Studio+ in Saudi Arabia, combining industry expertise with AI and cloud technologies.
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Middle East M&A Activity Surges 33% in 2025 with 635 Completed Deals
Middle East M&A activity surged 33% in 2025 to 635 completed deals, driven by intra-regional transactions and renewed foreign investment confidence.
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Syria Ministry of Tourism Signs Digital Transformation Agreement with Saudi Elm
Syria’s Ministry of Tourism has signed a technical cooperation agreement with Saudi Arabia’s Elm to accelerate digital transformation and implement data governance standards across the tourism sector.
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Saudi Arabia Leads EMEA in Cloud Security Adoption with 13% Market Share
Saudi Arabia leads EMEA with 13% cloud security adoption and 43% budget growth in physical security, according to Genetec’s 2026 report.
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MBSC Graduates 596 Students in Largest Class to Date
MBSC held its 8th graduation ceremony, honoring 596 graduates from the Class of 2026, the largest in the college’s history, with 97% Saudi nationals and 33% women.
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Red Sea Becomes First Destination to Receive Forbes Travel Guide Comprehensive Accreditation
The Red Sea became the first destination worldwide to receive comprehensive Forbes Travel Guide accreditation, covering all guest journey stages from reservations to experiences.
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Sony WF-1000XM6 Wireless Earbuds Launch in Saudi Arabia with Enhanced Noise Cancellation
Sony launches WF-1000XM6 wireless earbuds in Saudi Arabia with 25% improved noise cancellation, 32-bit audio processing, and enhanced connectivity features starting March 11, 2026.
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Saudi Arabia Matches Global AI Leaders as 40% of Organizations Reach Advanced AI Maturity
Saudi Arabia achieves 40% AI Leaders classification, matching global benchmarks with strategic investments in AI infrastructure and enterprise-wide implementation.
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Saudi Ministry Deploys AI Robots to Serve Participants in King Salman Quran Competition
Saudi Arabia’s Ministry of Islamic Affairs introduces AI-powered robots to serve participants in the 27th King Salman Quran Competition, offering multilingual support in over 95 languages.
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HKEX Appoints New Chief Regional Representative for Middle East
HKEX appoints Jalal Almarhoon as Managing Director and Chief Regional Representative for Middle East, operating from new Riyadh office to strengthen regional capital market connectivity.
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