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Arcapita Group Holdings Limited (“Arcapita”), a global alternative investment firm, today announced the appointment of Abdulaziz Mohamed Al Mana and Abdulatif Ali Al Fozan to its Board of Directors.Abdulaziz Al Mana brings more than 20 years of extensive experience as the Chief Executive Officer of Al Mana Holding, a diversified conglomerate operating across several divisions, including real estate, contracting, retail, technology and agriculture. Abdulaziz also holds board positions at United Development Company, Dukhan Bank, The First Investor, and First Finance.Abdulatif Al Fozan has more than 15 years of experience in business and investment, currently serving as the Chief Operating Officer of Al Fozan Holding Co. and the Managing Director of Acend Solutions Co. He also chairs...
February 25, 2025
Arcapita strengthens its Board of Directors with two new appointments
February 25, 2025
Starbucks axes 1,100 jobs in bid for US turnaround
February 24, 2025
Recent survey reveals 97% of GCC households use fragrance to create Happier Homes
As cyber threats continue to evolve in complexity and scale, organizations in Saudi Arabia are facing increasing challenges in safeguarding their digital assets while maintaining compliance with stringent local regulations. Recognizing these growing concerns, Proofpoint, a global leader in cybersecurity and compliance solutions, is making significant investments in the Kingdom to provide advanced, locally compliant security solutions.In this interview, Sumit Dhawan, CEO of Proofpoint, discusses the company's strategic expansion in Saudi Arabia, the most pressing cybersecurity risks for 2025, and how organizations can strengthen their defenses against modern threats. He also highlights the importance of a unified, human-centric approach to security and Proofpoint’s commitment to...
February 24, 2025
Proofpoint strengthens its presence in Saudi Arabia to enhance cybersecurity resilience: CEO
The wait is over—Volvo is making its grand return to Saudi Arabia. A brand known forsafety, innovation, and Scandinavian craftsmanship is now driving the future of mobility in the Kingdom. And this time, it’s electric.Electromin, the official and exclusive distributor of Volvo in Saudi Arabia, is bringing the Kingdom a new era of sustainable and intelligent driving.The lineup features fully electric and plug-in hybrid vehicles that combine Volvo's renowned safety and performance with advanced technology tailored for the modern Saudi driver.For generations, Volvo has set the benchmark for premium automotive excellence—redefining the driving experience through world-class safety, innovation, and sustainability. Today, as the demand for sustainable mobility grows in Saudi Arabia,...
February 23, 2025
Volvo returns to Saudi Arabia with Electromin — a bold step toward a sustainable future
In a grand display of community spirit and dedication to sustainability, LuLu Saudi Hypermarket hosted the highly anticipated LuLu Walkathon on Saturday, February 15, 2025, to commemorate Saudi Founding Day. The event, held at the picturesque New Corniche in Al Khobar, was a vibrant gathering that not only celebrated a significant national occasion but also emphasized the importance of sustainable development as a cornerstone of the Kingdom’s future.The 3-kilometer walk, which took place under the patronage of the Ministry of Sports and Al Khobar Municipality, attracted a diverse group of passionate participants, with a focus on promoting health and honoring the rich national heritage. With 2025, being designated as the Year of Handicrafts, the Walkathon mascot was Saaf—a mat...
February 20, 2025
LuLu Walkathon celebrates Saudi Founding Day, with promoting a message of sustainability
In a landmark moment for Saudi Arabia’s healthcare sector, the Kingdom inaugurated its first local insulin manufacturing facility, a key milestone in advancing pharmaceutical self-sufficiency under Vision 2030.The state-of-the-art facility, established through a collaboration between Sanofi, Sudair Pharma Company (SPC), and NUPCO, aims to enhance national drug security and improve access to life-saving insulin for millions of patients living with diabetes.The inauguration ceremony was attended by Bandar Al-Khorayef, Minister of Industry and Mineral Resources, alongside senior government officials, healthcare leaders, and industry partners.With diabetes affecting nearly 19% of Saudi Arabia’s adult population, ensuring a stable and reliable supply of insulin has been a national priority....
February 19, 2025
Saudi Arabia inaugurates first local insulin manufacturing facility, advancing healthcare self-sufficiency
February 19, 2025
Arcapita signs strategic partnership with King Abdullah Economic City to develop industrial facilities
February 19, 2025
AI-driven communication is revolutionizing customer engagement — Unifonic CEO Ahmed Hamdan
February 19, 2025
Fast-food giant KFC leaves Kentucky home for Texas
