Business & Money | Tuesday 9 April, 2024 12:01 am

Saudi Arabia's private equity investments reach $4B in 2023

Saudi Arabia witnessed an increasing interest in private equity investments from 2019 to 2023, MAGNITT said in a recent report. The Kingdom's private equity investments reached a peak of nearly $4 billion in 2023, recording growth for three consecutive years since 2020. Private Equity...

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Environment & Energy | Monday 8 April, 2024 6:28 am

Energy Ministry seeks public feedback on regulations on violations of gas distribution provisions

The Ministry of Energy invited the public and those interested to express their opinions on the draft regulations as regards monitoring, proving, and investigating violations of the provisions on distributing dry gas and liquefied petroleum gas for residential and commercial purposes via the...

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Technology & IT | Saturday 6 April, 2024 7:33 am

Deepfakes for sell: Kaspersky warns of security concerns in the AI age

The widespread adoption of artificial intelligence (AI) and machine learning technologies in recent years is providing threat actors with sophisticated new tools to perpetrate their attacks. One of these are deepfakes which include generated human-like speech or photo and video replicas of people....

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Cars & Autos | Saturday 6 April, 2024 7:27 am

The Porsche World Road Show Event has returned to Saudi Arabia, promising unforgettable and unique driving experiences for enthusiasts.

SAMACO, the exclusive agent for Porsche cars in the Kingdom, has announced the much-anticipated return of the "Porsche World Road Show Event." This event is fully equipped to offer a distinctive experience for Porsche fans and customers, featuring a comprehensive driving experience with all Porsche ...

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Business & Money | Saturday 6 April, 2024 7:20 am

P&G joins hands with Saudi Arabia’s Children with Disability Association to spread smiles this festive season

Procter & Gamble (P&G) has launched a campaign in collaboration with the Children with Disability Association in Saudi Arabia, aimed at bringing smiles and inclusivity to children with disabilities during the festive season. This initiative follows the resounding success of their Back to...

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Business & Money | Saturday 6 April, 2024 7:11 am

DETASAD & LG Announce a Strategic partnership to Drive Technological Innovation in Saudi Arabia

In a significant move to bolster the technological framework within Saudi Arabia, DETECON AL SAUDIA DETASAD CO. LTD. (DETASAD), a prominent corporation in Saudi, and LG Electronics, are proud to announce the expansion of their Strategic partnership Agreement that serves as a foundation for their...

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Business & Money | Friday 5 April, 2024 4:30 am

Gulf consortium acquires 65% of Aster DM Healthcare’s GCC unit

Aster DM Healthcare Limited announced the separation of its business in the GCC and India into two independent entities.   Under the separation plan, a consortium led by Abu Dhabi Investment Council-backed private equity firm Fajr Capital acquired a 65% stake in Aster’s GCC arm....

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Tourism & Hospitality | Thursday 4 April, 2024 4:35 pm

Sofitel Dubai The Palm announces Eid Al Fitr Holiday Escape

This April, luxury 5-star beach resort Sofitel Dubai The Palm is proud to announce its exclusive world of unparalleled luxury and indulgence with exclusive Eid Al Fitr staycation deals. Nestled on the pristine shores of Palm Jumeirah, the resort offers a sanctuary of opulence and tranquillity,...

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Tourism & Hospitality | Thursday 4 April, 2024 2:44 pm

Bring the family together with A.O.K. Kitchen Riyadh’s festive Eid breakfast!

The inclusive KAFD neighbourhood favourite is putting on a family-friendly display this long weekend, open to children and pets and celebrating the spirit of togetherness   Marking the end of the Holy Month of Ramadan, Eid al-Fitr is about coming together with loved ones, enjoying...

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Technology & IT | Thursday 4 April, 2024 1:42 pm

HONOR Magic6 Pro 5G Gets Positive Feedback and High Demand from Consumers in KSA

HONOR, the global technology brand is thrilled to announce the great response for the HONOR Magic6 Pro during its pre-order phase and direct sales. This overwhelming response showcases the brand’s deep commitment to prioritizing consumer satisfaction in the Saudi Market by delivering products...

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