UAE leads Mena project pipeline recovery | MEED Business

UAE leads Mena project pipeline recovery | MEED

GlobalData’s Construction Projects Momentum Index for the Mena region rose to 0.84 in June, with the UAE leading and a sharp infrastructure rebound offset by weaker institutional activity and a decline in Saudi Arabia Register for MEED’s 14-day trial access  The Middle East and North Africa’s construction project pipeline strengthened in June 2026, recovering some […]

Gulf Shipping Traffic Falls After Houthis Attack Saudi Tanker Finance

Gulf Shipping Traffic Falls After Houthis Attack Saudi Tanker

Gulf Shipping Traffic Drops Sharply After Houthi Attack on Saudi Tanker Significant Reduction in Maritime Traffic Through Key Gulf Chokepoints NEW DELHI, Aug 6 (Reuters) – Shipping traffic through the Strait of Hormuz and the Bab-el-Mandeb strait, the key maritime chokepoints in the Gulf, reduced significantly on Wednesday from the previous day, shipping data showed. […]

Saudi Arabia’s CST Releases AI Adoption Guide for Technology Companies – TechAfrica News Technology

Saudi Arabia’s CST Releases AI Adoption Guide for Technology Companies – TechAfrica News

The guide aligns with the Saudi Council of Ministers” designation of 2026 as the Year of AI and is intended to help technology companies accelerate AI adoption, encourage innovative business models, and maximize the value of emerging digital technologies. The Communications, Space and Technology Commission (CST)  has published a new Awareness Guide for AI Adoption […]

Video game maker EA bought by Saudi-led group for bn National

Video game maker EA bought by Saudi-led group for $55bn

Electronic Arts, the maker of video games such as The Sims, Madden NFL and Battlefield, has been bought by Saudi Arabia’s wealth fund and a group of investors for $55bn (£41bn). The company announced the completion of the deal on Tuesday evening, only days after the EU gave its approval, the final regulatory green light […]

Aliko Scientific Signs New Distribution Agreements in Romania and Saudi Arabia, Strengthening Its International Commercial Network Business

Aliko Scientific Signs New Distribution Agreements in Romania and Saudi Arabia, Strengthening Its International Commercial Network

€1.92 million in Romania and €2.05 million in Saudi Arabia in five-year minimum contractual purchase commitments Agreements covering Aliko Scientific’s liquid-based cytology, FISH, microscopy and imaging solutions Partnerships supporting local market access, regulatory deployment and commercialization in two high-potential oncology diagnostics markets ALIKO Scientific (Ikonisys SA Euronext Growth Paris: ALIKO), an international life sciences Group […]

Saudi Bidaya Finance renews 0mln facility with Al Rajhi Bank Finance

Saudi Bidaya Finance renews $200mln facility with Al Rajhi Bank

Riyadh, Saudi Arabia Mars 3 2024 – Al Rajhi bank world’s largest Islamic bank by capital. Image used for illustrative purpose. Image courtesy: Getty Images/ Ayman Zaid The shariah-compliant facility will support the expansion of its loan portfolio Staff Writer ,  ZAWYA Saudi Arabia’s Bidaya Finance Company has […]

Naver to Export Robot Platform to Saudi Arabia Technology

Naver to Export Robot Platform to Saudi Arabia

Naver’s outdoor autonomous driving robot “Nuri” undergoing test operation. Photo courtesy of Naver Naver is pushing to export its robot systems to the Middle East, following Japan. The plan is to gain an early foothold in the Middle Eastern smart city market with indoor delivery robots, outdoor autonomous robots, and an integrated platform that links […]

Houthis Carry Out Drone Strike On Saudi Arabia’s Najran Airport, Targeting Sensitive Site: 11 outlets compared | NewsCord National

Houthis Carry Out Drone Strike On Saudi Arabia’s Najran Airport, Targeting Sensitive Site: 11 outlets compared | NewsCord

Drone claim hits Najran Houthi military spokesperson Yahya Saree said the operation was conducted in response to what the group described as Saudi drone incursions into Yemeni airspace over Saada and Hajjah. AzerNews The National reported that the Houthis said the attack achieved a “precise strike” and was launched after the group announced a “maritime […]