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291 - 300 from 16532 . In "BUSINESS"
Virgin Atlantic launches flights between Riyadh and London Heathrow starting March 2025
Virgin Atlantic has announced the launch of daily flights between King Khalid International Airport in Riyadh and London Heathrow, with the first flight scheduled for March 30, 2025.This announcement follows a signing ceremony between Virgin Atlantic and the Saudi Air Connectivity Program, attended by Shai Weiss, CEO of Virgin Atlantic, and Majed Khan, CEO of the Air Connectivity Program, under the patronage of His Excellency Ahmed bin Aqeel Al-Khatib, Minister of Tourism, at the Ministry of Tourism headquarters in Riyadh.The new service aims to capitalize on the significant growth as part of Saudi Vision 2030. Air travel between the United Kingdom and Saudi Arabia is expected to grow by 24% between 2019 and 2035, while annual trade between the UK and Saudi Arabia was valued at £17.1...
September 03, 2024

Virgin Atlantic launches flights between Riyadh and London Heathrow starting March 2025

The agreement was signed at the inaugural 24 Fintech conference held in Riyadh.
Samsung Pay launching in Saudi Arabia by Q4 2024, SAMA announces
RIYADH — The Saudi Central Bank (SAMA) has announced an agreement with Samsung to launch Samsung Pay in Saudi Arabia during the fourth quarter of 2024.The agreement was signed at the inaugural 24 Fintech conference held in Riyadh.This strategic step is part of SAMA’s ongoing efforts to enhance the digital payments ecosystem in Saudi Arabia, aligning with the objectives of the Financial Sector Development Program (FSDP), a key initiative under Saudi Vision 2030.Samsung Pay aims to provide an advanced and secure payment experience, allowing users to easily store and manage their digital payment cards within the “Samsung Wallet” application. This agreement is part of SAMA’s broader strategy to expand the use of FinTech solutions across the Kingdom and promote financial inclusion.The...
September 03, 2024

Samsung Pay launching in Saudi Arabia by Q4 2024, SAMA announces

Exotel floats all-new local cloud for CX and AI solutions in Saudi Arabia
With the Middle East's digital economy rapidly expanding, Saudi Arabia’s customer experience market is projected to reach $15 billion by 2027, reflecting an annual growth rate of 12%.Exotel a leading AI transformation partner for customer engagement in emerging markets, has strengthened its presence in Saudi Arabia, marking a significant new growth phase in the Middle East with the launch of the all-new Ameyo by Exotel.This platform integrates AI-powered customer engagement with Saudi Arabia’s first local CX cloud. This strategic move aligns with the Kingdom’s Vision 2030 to build a digitally advanced and diversified economy, further solidifying Exotel’s commitment to driving digital transformation across the region.“This expansion is a significant milestone for Exotel’s...
September 02, 2024

Exotel floats all-new local cloud for CX and AI solutions in Saudi Arabia

HONOR announces the pre-order of the thinnest & lightest AI foldable phone, HONOR Magic V3
Global technology brand HONOR has announced the pre-order of the next generation of its flagship foldable phone, the HONOR Magic V3. Following the hugely successful HONOR Magic V2, the HONOR Magic V3 raises the bar even higher by combining new levels of slimness, style, performance, and cutting-edge AI tools into a single device. With its impossibly thin body and premium design, the HONOR Magic V3 boldly redefines what a foldable smartphone should be.Ultra-thin design with improved durabilityThe HONOR Magic V3 features an ultra-thin design that measures just 9.2mm when folded, achieved through the use of 19 innovative materials and 114 microstructures. Weighing an impossibly light 226g, the HONOR Magic V3 uses Special Fiber as its body material, offering exceptional impact resistance...
September 01, 2024

HONOR announces the pre-order of the thinnest & lightest AI foldable phone, HONOR Magic V3

Off-road first class JAECOO J8: About to set off a luxury storm in the Saudi market
Recently, OMODA & JAECOO announced that the JAECOO J8 will officially debut in Saudi Arabia soon, marking the start of its luxury journey in the Kingdom.Since its stunning introduction at the Geneva Motor Show last year and successful launch in Kuwait this year, the JAECOO J8 has adhered to the concept of "From Classic, Beyond Classic," overcoming numerous challenges and gaining recognition in the Middle East and global markets.Entering Saudi Arabia is not only a crucial step for OMODA & JAECOO to strengthen their presence in the Middle East but also a significant milestone in the brand's global expansion strategy.Saudi Arabia, known for its vast desert landscape, extreme climate conditions, and status as the "Kingdom of Oil," has become a prime stage for global...
August 29, 2024

Off-road first class JAECOO J8: About to set off a luxury storm in the Saudi market

Avana and Oaktree's $250mm deal sets the stage for Ezdaher’s strategic deployment in Saudi Arabia
AVANA Companies (AVANA), a global leader in hotel and hospitality SME funding with a presence in the USA, Bahrain, and Saudi Arabia (KSA), announces the formation of a new $250 million AVANA-Oaktree Private Credit Partnership (“AOPCP”) for its direct private commercial real estate funding strategy. Through this joint venture (JV), AVANA will use the capital to provide private debt financing in the United States over the next three years.“Oaktree has firsthand experience through past partnerships with AVANA. The AVANA team’s unparalleled expertise and reputation in the CRE funding industry align with our focus on risk control in private credit investments,” said Justin Guichard, Managing Director and Co-Portfolio Manager at Oaktree.Building on the success of this global venture,...
August 28, 2024

Avana and Oaktree's $250mm deal sets the stage for Ezdaher’s strategic deployment in Saudi Arabia

TCL's QD-Mini LED TVs amaze audiences as thrilling gaming tournament wraps up
TCL, a global leader in consumer electronics, announces the remarkable success of the recent two-day offline tournament for the TCL C855 gaming TV collection and the world’s largest QD-Mini LED TV.Held at Riyadh's Granada Mall, the event drew over 4,000 attendees and featured the thrilling final matches of FC24 and Call of Duty (COD), creating an electrifying atmosphere that left fans and gamers thoroughly impressed.During the tournament, participants experienced firsthand the exceptional picture quality and smooth gaming performance of TCL's premium QD-Mini LED TVs, the C855 and C755. Numerous winners walked away with bumper prizes, including PS5 consoles and cash rewards of up to SAR 6,000.Reflecting on the success of the event, Sunny Yang, General Manager of TCL Mid-East &...
August 28, 2024

TCL's QD-Mini LED TVs amaze audiences as thrilling gaming tournament wraps up

The 12th edition of the National Auto Award is proud to announce an exciting new partnership with JB Finance, one of the Kingdom’s leading finance companies.
JB Finance is the official strategic partner for the 12th National Auto Award
The National Auto Award, under the patronage of the Saudi Automobile and Motorcycle Federation (SAMF) and organized by PR Arabia, stands as a key accolade within Saudi Arabia's automotive sector.The 12th edition of the National Auto Award is proud to announce an exciting new partnership with JB Finance, one of the Kingdom’s leading finance companies. This strategic alliance, set to last three years, strengthens the mission to support and elevate the sector in Saudi Arabia.With a reputation built on credibility and transparency, the National Auto Award is celebrated for recognizing and honoring the most outstanding achievements in this vital industry. The award is not just about celebrating innovation and quality; it’s about inspiring companies and individuals to adopt best...
August 26, 2024

JB Finance is the official strategic partner for the 12th National Auto Award

Oil prices rise on hopes of Fed rate cut
WASHINGTON — Oil prices climbed on Monday, driven by optimism over a potential interest rate cut by the US Federal Reserve (Fed) and ongoing disruptions in cease-fire negotiations in the Middle East.International benchmark Brent crude rose 0.73% to $78.72 per barrel at 09:33 a.m. local time (0633 GMT), up from the previous session's close of $78.15. Meanwhile, US benchmark West Texas Intermediate (WTI) increased by 0.82% to $75.44 per barrel, following a close of $74.83 in the prior session.On Friday, US Federal Reserve Chair Jerome Powell signaled a possible interest rate cut at the central bank's upcoming meeting in September. Commodity prices surged after Powell's much-anticipated speech at the annual Jackson Hole symposium in Wyoming.A reduction in interest rates in the...
August 26, 2024

Oil prices rise on hopes of Fed rate cut

Dallah Healthcare Company announced the signing of a purchase and subscription agreement with Ayyan Investment Company to acquire 100 percent of Al-Salam Medical Services Company in Al-Khobar and 97.4 percent of Al-Ahsa Medical Services Company in Hofuf
Dallah Healthcare Company acquires Al-Salam and Al-Ahsa Hospitals in Eastern Province
Dallah Healthcare Company announced the signing of a purchase and subscription agreement with Ayyan Investment Company to acquire 100 percent of Al-Salam Medical Services Company in Al-Khobar and 97.4 percent of Al-Ahsa Medical Services Company in Hofuf, through increasing the capital of Dallah Healthcare Company by issuing new shares to Ayyan Investment Company. This is part of going forward with Dallah Healthcare Company’s strategy to expand providing healthcare services and enhancing investment growth.The signing of the agreement is subject to obtaining the necessary approvals from the relevant authorities. This reflects Dallah Healthcare Company’s keenness to expand geographically and to keep pace with the increasing demand for healthcare services in various cities across the...
August 25, 2024

Dallah Healthcare Company acquires Al-Salam and Al-Ahsa Hospitals in Eastern Province

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