Napster, DETASAD, and Lenovo Jointly Deliver Sovereign AI Infrastructure Business

Napster, DETASAD, and Lenovo Jointly Deliver Sovereign AI Infrastructure

Napster, an innovation company powering the next generation of embodied and agentic AI, has announced a collaboration with DETECON AL SAUDIA (DETASAD) and Lenovo to deliver sovereign AI infrastructure in the Kingdom of Saudi Arabia. By pairing Saudi-based data center services with Napster’s enterprise AI platform, the collaboration positions Napster among one of the first enterprise AI […]

London Insurers Expand Red Sea High-Risk Zone After Houthi Attacks Finance

London Insurers Expand Red Sea High-Risk Zone After Houthi Attacks

Houthis’ Red Sea attacks prompt London insurers to widen high-risk zone Impact of Houthis’ Attacks on Marine Insurance in the Red Sea By Jonathan Saul Expansion of the Red Sea High-Risk Zone LONDON, July 30 (Reuters) – Attacks on ships by Yemen’s Houthis have prompted London’s marine insurance market to widened its “high risk” zone […]

U.S. and Saudi Arabia Strike Iran-Backed Iraqi Militias After Iran Missile Attack: who 23 outlets blamed | NewsCord National

U.S. and Saudi Arabia Strike Iran-Backed Iraqi Militias After Iran Missile Attack: who 23 outlets blamed | NewsCord

Iraq strikes and missile barrage The U.S.-Saudi operation came after a reported lull, and the CBC report said the flare-up on multiple fronts raised the risk of a return to all-out war. The Washington Post described Trump’s response as a threat to hit Iran “hard,” following U.S. officials saying Iran had launched a ballistic missile […]

Saudi Arabia launches ‘Ahlan’ app ahead of AFC Asian Cup 2027 Technology

Saudi Arabia launches ‘Ahlan’ app ahead of AFC Asian Cup 2027

RIYADH — The Local Organizing Committee for the Asian Football Confederation (AFC) Asian Cup Saudi Arabia 2027 announced the pilot launch of the “Ahlan” app, a unified digital identity for the fan experience at the Kingdom’s football tournaments. The application — available on both iOS and Android — accompanies fans through planning thier visits, ticket […]

Saudi Arabia’s THC orders 12 Bombardier jets; options for 48 more | Corporate Jet Investor | CJI Opinions Business

Saudi Arabia’s THC orders 12 Bombardier jets; options for 48 more | Corporate Jet Investor | CJI Opinions

The aircraft will be operated by The Helicopter Company (THC), a PIF subsidiary.   The Public Investment Fund Tower is Riyadh’s tallest skyscraper. It is also one of the most technologically advanced buildings in the world. It is triple glazed to reduce energy consumption and visitor access to all 80 floors relies on facial recognition rather […]

Jada’s New USD 200mn Growth Catalyst Fund I Investment Accelerates Saudi SME Expansion Finance

Jada’s New USD 200mn Growth Catalyst Fund I Investment Accelerates Saudi SME Expansion

Jada Fund of Funds, a wholly owned subsidiary of the Public Investment Fund, established to develop Saudi Arabia’s private capital ecosystem across venture capital, private equity, and private debt, has announced its strategic commitment to Growth Catalyst Fund I, a Saudi-based private equity fund licensed by the Capital Market Authority with a targeted fund size […]