RIYADH: Saudi Arabia’s strategic location, thriving economy, and strong government support have attracted a diverse range of funding partners keen on assisting startups and entrepreneurs. The Kingdom, according to Houssem Jemili, partner at management consulting firm Bain and Co., has one of the highest technology spends in the Middle East and North Africa, approximately 2.5 … Read more
CAIRO: Startups across the Middle East and North Africa region are increasingly collaborating through strategic partnerships to enhance the entrepreneurial ecosystem. Ventures from various industries are forging alliances, and signing agreements to bolster expansion, penetrate new markets, and enhance customer satisfaction initiatives. At the forefront of these strategic partnerships, the Kingdom’s National Technology Development Program … Read more
RIYADH: The Indian diaspora has contributed richly to the development of cricket played in Saudi Arabia for over five decades. It was in 1978 when, for the first time, regional cricket associations in Riyadh, Jeddah, and Dammam began organizing matches on weekends and developed improved cricket facilities. In 2003, after obtaining a license from the … Read more
Pregnant women and new mothers face terrifying ordeal as Israel-Hamas war in Gaza enters fifth month JEDDAH: Mashael was at home with her husband when an explosion tore through their building in central Gaza in late December. Since then, Mashael’s unborn baby has not moved. Without prenatal care, she has no idea whether the baby … Read more
DAMMAM: Saudi Arabia’s logistics sector is poised for a significant transformation with the launch of a joint venture company. This strategic collaboration, known as Advanced Supply Management Operations, or ASMO, combines the procurement expertise of Saudi Aramco with the supply chain knowledge of DHL. This venture aims to revolutionize processes, positioning itself as a comprehensive … Read more
RIYADH: Saudi Arabia’s entrepreneurial landscape is rapidly expanding thanks to close collaboration between the public and private sectors, business leaders highlighted during a two-day event in Riyadh. Convened at the King Abdul Aziz International Conference Center, the Social Development Bank Forum for Entrepreneurship and Modern Business Practices brought together 85 local and international speakers, 30 global organizations and … Read more
RIYADH: The registration of regional maritime clubs in Saudi Arabia experienced a 49 percent growth in 2023, official data revealed. The latest business sector bulletin by the Ministry of Commerce showed the number of registrations by the end of the fourth quarter of 2023 reached 580, compared to 389 by the end of 2022. Makkah topped the list … Read more
RIYADH: Of late, businesses in the Gulf Cooperation Council region have become more inclined toward pooling their resources to achieve operational efficiency and maximize profits. The trend of mergers and acquisitions in the GCC is expected to rise, said Moody’s in March 2023. Nearly one year on, the global rating agency’s prediction seems to be spot-on. … Read more
RIYADH: Of late, businesses in the Gulf Cooperation Council region have become more inclined toward pooling their resources to achieve operational efficiency and maximize profits. The trend of mergers and acquisitions in the GCC is expected to rise, said Moody’s in March 2023. Nearly one year on, the global rating agency’s prediction seems to be spot-on. … Read more