22 Rabi' I 1446 - 25 September 2024
    
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Eye of Riyadh

ADRO and VFS Global Partner to Reinforce Abu Dhabi’s Position as a Leading Destination for International Talent
Business & Money | Thursday 28 September, 2023 9:14 am
Abu Dhabi Residents Office (ADRO), a part of the Abu Dhabi Department of Economic Development (ADDED) dedicated to supporting the emirate's thriving community and to strengthen its position as a leading destination for top talent, signed a Memorandum of Understanding with VFS Global, the world's...
Lucid Motors opens plant in KAEC
Business & Money | Thursday 28 September, 2023 8:58 am
Lucid Motors, partially owned by the Public Investment Fund (PIF), inaugurated today, Sept. 27, its manufacturing unit, AMO-2, the company's first international factory in King Abdullah Economic City (KAEC), Jeddah.   In May 2022, the company signed a contract to begin the...
Transport ministry issues logistic licenses to Chinese firms
Business & Money | Thursday 28 September, 2023 8:53 am
Saudi Arabia’s Minister of Transport and Logistic Services, Saleh Al-Jasser, and the accompanying delegation held a series of meetings with leaders of major Chinese companies in Beijing, where he handed them licenses to carry out logistics activities in the...
Lucid’s opening proves Saudi Arabia’s success in attracting investments: Minister
Business & Money | Thursday 28 September, 2023 8:48 am
Minister of Industry and Mineral Resources, Bandar Alkhorayef, said the opening of Lucid Group’s electric vehicle (EV) factory in Saudi Arabia and target exports affirms Saudi Arabia’s ability to attract investments and compete.   The Kingdom negotiates to invest...
Aramco signs agreement to potentially buy 10% of Shenghong Petrochemical
Business & Money | Thursday 28 September, 2023 8:43 am
Saudi Aramco and Jiangsu Eastern Shenghong Co., Ltd. signed today, Sept. 27, a cooperation framework agreement to facilitate discussions on Aramco’s possible acquisition of a 10% strategic equity interest in Jiangsu Shenghong Petrochemical Industry Group Co., Ltd. (Shenghong Petrochemical) a ...
Nestlé and Monsha'at Sign MoU to Upskill F&B Entrepreneurs in Saudi
Business & Money | Thursday 28 September, 2023 12:47 am
 Nestlé announced today a strategic partnership with Saudi Arabia’s SME General Authority, Monsha'at, to bolster the expertise and operations of small and medium-sized enterprises (SMEs) within the flourishing food and beverage industry in Saudi Arabia. The Memorandum of Understanding...
Digital Government Authority and Nutanix Sign a Memorandum of Understanding to Support Accelerating Digital Transformation
Business & Money | Wednesday 27 September, 2023 4:39 pm
Nutanix, a leader in hybrid multicloud computing, announced today the signing of a Memorandum of Understanding (MoU) with the Digital Government Authority (DGA) in the Kingdom of Saudi Arabia, with the aim of developing mechanisms for government agencies to benefit from cloud services, explore...
Transforming Risk Perceptions: AI's Paradigm Shift in Trading
Business & Money | Wednesday 27 September, 2023 11:28 am
In recent years, the world of trading has undergone a significant transformation. With the advent of Artificial Intelligence (AI), traditional trading practices and risk perceptions have been revolutionized. This article aims to explore the profound impact of AI on risk perceptions in trading and...
The Role of Bitcoin in Transforming Digital Media and Entertainment
Business & Money | Wednesday 27 September, 2023 11:25 am
Bitcoin, the world's first decentralized digital currency, has revolutionized various industries, including digital media and entertainment. Its impact on these sectors has been significant and continues to grow rapidly. In this article, we will explore the basics of Bitcoin, examine its influence...
Business & Money | Wednesday 27 September, 2023 11:16 am
Kingdom of Saudi Arabia is celebrating the 93rd anniversary of its union, with an inspiring identity under the slogan “#We_Dream_and_Achieve”, embodying the everlasting determination and ultimate ambition, as part of the steady work for realizing KSA vision and keep giving, with unlimited...
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