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HONOR, a global leading AI device ecosystem company, has officially taken the foldable smartphone experience to the next level with the launch of its highly anticipated HONOR Magic V5, the Smarter, Slimmer & Stronger foldable.The unveiling, held at Atlantis The Royal in Dubai, also introduced the new HONOR MagicPad 3 tablet and HONOR MagicBook Art 14 2025 laptop, showcasing HONOR’s expanding AI device ecosystem.Under the theme “Unfold New Possibilities,” the event featured immersive experience zones demonstrating real-life scenarios such as travel, durability, AI-driven user experiences, and AI manufacturing innovations.The event brought together media, influencers, industry leaders, and technology enthusiasts from across the Middle East and Africa to witness HONOR’s commitment to...
August 15, 2025
HONOR introduces HONOR Magic V5 foldable at a premium regional event in Dubai
Founded in 2010 and headquartered in Jubail Industrial City, Saudi Arabia, Universal Inspection Co. Ltd. (UIC) has grown from a local leader into an internationally recognized provider of calibration, testing, inspection, and training services. Serving more than 2,000 clients across seven countries, UIC operates under the leadership of President Hamdan Atiah Mohamed Najmi and CEO Abdul Majeed Bathurudeen.
Global Standards and AccreditationUIC is accredited to ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, and ISO/IEC 17025:2017 by SAAC, IAS, and PJLA, and holds SAAC ISO/IEC 17020:2012 accreditation for inspection services. It is a member of the Lifting Equipment Engineers Association (LEEA) in the UK, the American Society for Nondestructive Testing (ASNT), and is an approved TVTC training...
August 15, 2025
Universal Inspection Co. Ltd. (UIC): Transforming industrial excellence with world-class precision
Red Sea International Company announced its consolidated financial results for the first six months of 2025, reporting a net profit of SR1.87 million, a 168% improvement compared to the first half of 2024. However, net profit for Q2 2025 reached SR6.39 million, representing a 31% decline compared to Q2 2024.By the end of Q2 2025, revenues for the first half reached SR1,479 million, marking a 54% increase compared to H1 2024. Q2 2025 revenues stood at SR779 million, up 4% compared to Q2 2024. This growth was mainly driven by improved performance and higher project completion rates. Operating profit for the first six months of 2025 reached SR42.8 million, an increase of 44% compared to the same period in 2024. Operating profit for Q2 2025 stood at SR23.72 million, down 10% compared to Q2...
August 14, 2025
Red Sea International achieves 44% growth in operating profits for H1 2025
August 13, 2025
Bayut KSA wins 3 Employee Happiness Awards 2025
August 07, 2025
Building trust throughout markets with sharia compliant innovation
August 06, 2025
Fakeeh group delivers 1H 2025 revenue of SR1.51 billion, up 13% year-on-year
Saudi Arabia’s accelerated transformation under Vision 2030 is rewriting the rules of business in the Kingdom. In this generational shift, IT is not just an enabler but a cornerstone of progress, at the heart of which lies the powerful nexus of Data & AI, Cloud, and public sector modernisation, fuelled by privatisation and unprecedented government investment.For global technology firms, the opportunity is vast. Yet too many still follow sales-driven playbooks, doing little to build long-term value.Over the past two decades, the trajectory of multinational tech in Saudi Arabia has evolved in phases. Initially, the Kingdom was serviced remotely via regional or global hubs. Following government mandates, companies began establishing physical offices to meet rising demand for IT Services....
August 06, 2025
For big tech, the future in Saudi Arabia lies in nurturing local expertise
August 05, 2025
A global milestone: Dr. Soliman Fakeeh Hospital in Jeddah receives accreditation for 14 Centers of Excellence from SRC
August 04, 2025
Mohamed Yousuf Naghi Motors and alfanar partner to deliver seamless home EV charging solutions across Saudi Arabia
Saudi Gazette report RIYADH — Saudi Exchange data showed that net purchases in the main equities market through foreign direct investment reached SR1.9 billion in July 2025.According to the exchange, individual investors recorded net purchases of about SR2.12 billion, while high-net-worth individual investors posted net purchases of SR1.1 billion.In contrast, investment funds registered net sales of SR3.3 billion, and Saudi companies reported net sales of SR1.6 billion.On the trading front, the main Saudi stock index dropped 87.17 points on Sunday, closing at 10,833.10, with a total trading value of SR3.3 billion.The number of shares traded stood at 272 million, with 62 companies seeing gains and 187 declining.The top gainers included Al-Andalus for Sports, Thimar, Nama Chemicals,...
August 03, 2025
Foreign direct investment nets SR1.9 billion in Saudi stock market for July
