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Saudi and Italy sign MoU for peaceful use of outer space

The Saudi Space Commission (SSC) and the Italian Space Agency have signed a Memorandum of Understand (MoU) for the peaceful use of outer space...

Saudi Arabia’s Alfanar Global Development invests $532mn in Egypt

Saudi-based Alfanar Global Development, a major provider of EPC solutions for conventional and renewable power plants in the Middle East, has signed agreements worth...

Saudi’s 1st neo-financial firm LFC picks ICSFS solution as its digital...

Loan Financing Company (LFC), a newly-established first neo-Financial Institution in Saudi Arabia, has selected ICS BANKS Digital Platform, a worldwide digital Sharia compliant software...

US-based Emerson expands its manufacturing services in Saudi Arabia

American multinational corporation Emerson has inaugurated an expanded facility in Saudi Arabia in order to manufacture its Rosemount pressure and temperature transmitters as well...

Saudi Arabia’s Geidea & Nayifat unite to offer seamless payment solutions

Saudi Arabia-based leading fintech company Geidea has entered into a strategic partnership with the non-banking financial institution Nayifat in order to provide seamless payment...

Saudi’s Sabic launches automotive electrification initiative BlueHero

Sabic, a Saudi chemical manufacturing company, has unveiled BlueHero, an expanding ecosystem of materials, solutions, expertise and programs aimed to help accelerate the energy...

ACWA Power-led consortium to develop & operate $1.5bn wind project in...

Saudi Arabia-based power plant developer ACWA Power will develop and operate a 1.1GW wind project in Egypt at an investment value of $1.5 billion. The...

Saudi Arabia, Egypt sign agreements worth $7.7bn to support growth sectors

Saudi Arabia and Egypt have signed 14 agreements worth $7.7 billion during a visit to Cairo by His Royal Highness Prince Mohammed bin Salman...
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