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UAE-based FOO expands in Saudi Arabia to provide FinTech solutions

UAE-based award-winning B2B Fintech solutions provider, FOO is expanding its operations in Saudi Arabia in order to offer FinTech solutions. FOO intends to enable companies...

PIF-owned SRC signs $266mn refinancing deal with SNB

Saudi Real Estate Refinance Company (SRC), a wholly-owned subsidiary of the Public Investment Fund (PIF), will sell a $266.6 million real estate financing portfolio...

Saudi Arabia launches ‘Logistics License’ to boost sector’s performance

The Minister of Transport and Logistics, Eng. Saleh Bin Nasser Al-Jasser has launched the "Logistics License" to enhance the performance of the sector.  The logistics...

Huawei unites with King Faisal University to develop ICT talent ecosystem...

Chinese multinational technology company Huawei has signed a Memorandum of Understanding (MoU) with Saudi Arabia’s King Faisal University (KFU) to improve local digital skills...

Saudia’s fleet modernization strategy added 84 jets in the last 5...

Saudi Arabia’s national carrier, Saudia (formerly known as Saudi Arabian Airlines Corporation) has stated that it received 84 jets as part of a fleet...

Saudi Arabia strives for $420bn foreign investments in infrastructure, transportation

Saudi Investment Minister Mr. Khalid al-Falih stated that Kingdom’s infrastructure and transportation sectors are aiming for $420 billion in foreign investment over the next...

SABIC’s localization initiative continues to aid local companies, SMEs

Saudi Arabian multinational chemical manufacturing company SABIC’s localization initiative, Nusaned reported that 43 new Saudi entrepreneurs have qualified from its program, bringing the total...
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