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In "BUSINESS"
September 16, 2025
barq wins 3 awards from Visa at Money20/20 Conference
IFS, the leading AI and software cloud platform, has always believed Industrial AI to be the catalyst for industrial change, enabling organisations to achieve tangible business outcomes.The IFS Connect MEA 2025 showcased the real value of Industrial AI that lies in turning data into decisions.Speaking of the event and what it stood for, Mark Moffat, CEO of IFS, said, “These are decisions that drive efficiency, resilience and long-term growth across defence, telecom, utilities, energy, aviation and manufacturing. What excites me is that this isn’t just about technology; it’s about empowering people, industries, and nations to thrive in an AI-driven economy. And IFS is proud to stand shoulder-to-shoulder with our customers in that journey.”IFS Connect MEA 2025 spotlighted the...
September 16, 2025
Industrial AI boosts innovation at IFS Connect in Riyadh
HALA Holding, Saudi Arabia’s leading fintech and provider of embedded financial services to micro, small and medium enterprises, has raised $157 million in a Series B investment round — officially one of the largest fintech Series B funding rounds in the Middle East.The funding round is led by The Rise Fund, TPG’s multi-sector global impact investing strategy, and Sanabil Investments, a wholly owned company by the Public Investment Fund (PIF), with participation from QED, Raed Ventures, Impact 46, Middle East Venture Partners (MEVP), Isometry Capital, Arzan VC, BNVT Capital, Kaltaire Investments, Endeavor Catalyst, Nour Nouf Ventures, Khwarizmi Ventures, and Wamda Capital.These funds will be utilized to strengthen HALA’s position in the Saudi market and offer more embedded...
September 15, 2025
TPG, Sanabil lead $157 million fundraise for Saudi fintech HALA
Sahm Capital, a fintech-driven financial company licensed by the Capital Market Authority, announced Sunday the appointment of Fayik Abdi, Saudi Arabia’s first Winter Olympian, as its official brand ambassador.
Fayik made history by representing the Kingdom at the Winter Olympics, becoming a symbol of determination and ambition. His journey has been hailed as reflecting the spirit of a new generation of Saudis exploring new frontiers and redefining what is possible.
“At Sahm Capital, we see the very same qualities in our investors and our people: ambition, resilience, and a forward-looking mindset,” said Mohammed Asiri, CFO of Sahm Capital. “Fayik’s achievements underscore our vision of enabling progress and creating opportunities for growth in line with Saudi Arabia’s...
September 14, 2025
Sahm Capital names Saudi Olympian Fayik Abdi as brand ambassador
September 12, 2025
Saudi Arabia Jewellery Exposition 2025 opens in Jeddah
September 11, 2025
Al-Futtaim BYD KSA hosts first Super Hybrid Tech Day in Saudi Arabia
Arcapita Group Holdings Limited (“Arcapita”), the global alternative investment firm, announced today that it has acquired a majority equity stake in C&K Paving (“C&K” or the “Company”), one of the leading providers of parking lot maintenance services in the United States.The Company’s President, Founder, and CEO will retain a significant minority equity stake and will continue to lead the business.Over the past 12 months, Arcapita has completed three private equity acquisitions in the business services vertical, with a combined value of $715 million, expanding its Essential Business Services portfolio and reinforcing its focus on resilient business models with predictable, recurring revenues.The US parking lot maintenance industry is a $14 billion market, underpinned by...
September 09, 2025
Arcapita acquires C&K Paving, expanding its global business services portfolio
Al Murjan Group, one of Saudi Arabia’s most established and respected family business groups, and BlueFive Capital, a global investment platform, are pleased to announce a cross shareholding strategic linkup to co-develop a global platform for Islamic finance.The partnership includes reciprocal ownership stake in the two stakeholders’ respective Sharia-compliant asset management units: BlueFive acquiring a substantial minority stake in Sidra Capital, a leading Shariah-compliant asset manager that specializes in private assets, and Al Murjan Group Holding acquiring a substantial minority stake in BlueFive786, BlueFive’s newly launched Shariah-compliant investment arm.BlueFive786, which will be headquartered in Singapore, aims to offer Sharia-compliant investment products, such as...
September 08, 2025
Al Murjan Group and BlueFive Capital launch Sharia-compliant asset management investment platform
September 04, 2025
HONOR to participate in Global Symposium for Regulators 2025 in Saudi Arabia
With the new academic year approaching, students need a laptop with more than just basic functionalities. Whether it’s writing research papers, building 3D models, editing videos, or joining back-to-back online classes, having the right device can make all the difference.NVIDIA is raising the bar once again with the NVIDIA GeForce RTX 50 Series laptops, its most powerful and versatile student laptop lineup yet.These laptops deliver high-performance features designed to keep up with any workload. The NVIDIA GeForce RTX 50 Series laptops combine high-end hardware with exclusive AI features to deliver speed, responsiveness, and next-generation capabilities, making the device future-proof.Purchasing the right laptop for school starts with picking the right GPU. From there, a plethora of...
September 04, 2025
NVIDIA GeForce RTX 50 Series laptops redefine learning, creating and gaming
