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  • Saudi agtech startup Red Sea Farms raises $18.5 mln

    Saudi Arabian agriculture technology startup Red Sea Farms said on Monday it had raised an additional $18.5 million to help expand its fresh produce line and also to sell its technology to users in harsh, water scarce environments. The funding was raised from Saudi Aramco's Wa'ed, The Savola Group, KAUST Innovation Fund and OlsonUbben, the company said.

  • From Resalaty to Unifonic, tracing the Saudi startup’s journey

    “It was a different world to today. There are always challenges in a business, but we had to do it the difficult way, we had many trials and errors and experimentations and failures. The only [financial] support was from family and friends and people who believed early on in our space and passion,” says Hamdan.

  • From Resalaty to Unifonic, tracing the Saudi startup’s journey

    “In 2006 there was no [startup] ecosystem as we have today, for us it was a crazy idea to do something different, we never entered this to be a venture, to raise capital, we didn’t have business acumen, we were just students at university,” he says. “We were surprised that people loved it.”

  • The Saudi Culture Hub in the Heart of the Desert

    Take this next sentence with a pinch of desert salt, if you like. I’ve been writing about travel for 25 years and this place is right up there with the great wonders. Instagrammable? It’d break Instagram if the influencers ever get here in seriously large numbers.

  • Ministry of Investment of Saudi Arabia and Janssen kickstart a national campaign on the value of innovation in healthcare

    The Ministry of Investment (MISA) and Janssen, the pharmaceutical companies of Johnson & Johnson, have launched Oloumak, a national multi-stakeholder campaign developed to shed light on the value of research, development, and innovation in healthcare and biotechnology in the Kingdom. In addition, the campaign aims to highlight the ways in which innovation in these vital industries fuels growth and economic transformation, and enhances patient care and quality of life.

  • Saudi’s Jawazat to start e-service of passport renewal in Q3 2022

    Assistant Minister of Interior for Technical Affairs Prince Bandar Bin Mashari said that the General Directorate of Passport (Jawazat) would start the electronic service of passport renewal of Saudi citizens in the third quarter of 2022. He said that the passport could be renewed through the Absher platform without personally contacting the Jawazat office.

  • Saudi border guards thwart smuggling of more than 700,000 amphetamine tablets

    The drug bust also resulted in the arrest of 120 suspects of different nationalities, including 40 Saudi citizens. The remaining 80 suspects are from Yemen, Ethiopia, Egypt, Jordan, Somalia and Pakistan.

  • The Saudi Culture Hub in the Heart of the Desert

    Take this next sentence with a pinch of desert salt, if you like. I’ve been writing about travel for 25 years and this place is right up there with the great wonders. Instagrammable? It’d break Instagram if the influencers ever get here in seriously large numbers.

  • Bank of America Taps StanChart Banker to Run Saudi Franchise

    Bank of America Corp. has hired Standard Chartered Plc’s Yazaid Al-Salloom to run its business in Saudi Arabia, according to people familiar with the matter. Al-Salloom is replacing Motashar Al Murshed who joined a Saudi government body in recent months after nearly 12 years with Bank of America, the people said, asking not to be named because the information is not public. Besides Saudi Arabia, Al-Salloom will also cover Kuwait and Bahrain for the U.S. bank.

  • Heart And Soul – Vignettes from Ali Al-Baluchi’s Memoir : Part I – Early Days

    During the 1930s and ‘40s, the Eastern seaboard of the Saudi Kingdom witnessed the discovery and early development of the industry to which its future fortunes would be linked: oil. The following extract from the early pages of Heart and Soul sets the context of Ali Al-Baluchi’s family background and reveals the insight of his father in steering him towards an education that would open up opportunities within this newly developing industry.