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Saudi company takes 25% stake in Kuwaiti-owned JOLT cafe
The project was first launched in the Saudi capital Riyadh based on a purely-Kuwaiti initiative after which it expanded to cover new areas such as Sharqiya and Jeddah. They then hit the European market with the first branch being inaugurated in London, followed by a branch in Marbia, Spain, and now it is currently preparing to open another branch in London
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Breaking Travel News investigates: Qiddiya, Saudi Arabia
This will require upwards of 500 pieces of major earthmoving equipment to grade and develop the plots, in addition to 4,000 tons of steel and 30,000 cubic meters of concrete for storm water management so that the area is ready for the next stage of development.
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Saudi giga project Amaala reveals big names on advisory board
Amaala, the ultra-luxury development planned along Saudi Arabia's northwest coast, has announced its advisory board to bring new ideas to the brand's three core pillars - arts and culture, wellness and sport, and sea, sun and lifestyle.
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Saudi-Qatar Talks to End Lengthy Gulf Dispute Falter: Sources
Talks between Saudi Arabia and Qatar to resolve a bitter Gulf dispute broke down soon after starting, six sources said, leaving in place a political and trade embargo of Doha that hampers joint Gulf Arab efforts to counter Iran. The discussions that began in October were the first glimmer of a thaw in the row that saw Saudi Arabia, the United Arab Emirates, Bahrain and Egypt sever political, trade and transport ties with Qatar in mid-2017.
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The Fourth Industrial Revolution is coming to the Middle East
The C4IR network, which is headquartered in San Francisco, currently has hubs in India, China and Japan, in addition to the affiliate centers. By virtue of its location, the center will facilitate customized solutions based on real-world requirements that are different for Saudi Arabia to other places in the world, he said.
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Saudi Stock Exchange proposes SBL and short selling rule changes
The changes would impose stricter short selling rules on the market along with amendments to collateral rules and eligible participants for securities lending transactions.
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IDC Forecasts ICT Spending in Saudi Arabia to Top $37 Billion in 2020 as Kingdom’s ICT Industry Gathers in Riyadh
"The Saudi ICT market is grappling with a wave of new digital transformation realities," said Naqshbandi. "The growth we are seeing in ICT spending is primarily being driven by an increased focus on giga projects and smart governance. These initiatives are spurring the adoption of artificial intelligence, robotics, the Internet of Things, cloud, blockchain, and a host of other emerging technologies as both the public and private sectors look to create synergies, cut costs, increase safety, and optimize processes across verticals in a whole new way."
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Saudi prince sharply criticizes Trump proposal
The proposal, which Trump delivered standing alongside Israeli Prime Minister Benjamin Netanyahu, would give Israel most of what it has sought during decades of conflict. This includes the disputed city of Jerusalem and recognition of Israeli sovereignty over settlements in the occupied West Bank.
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Saudi Wealth Fund Leads Fundraising for Online Used Car Trader
SellAnyCar.com, an online marketplace for used cars, has seen a pick up in activity after a regional economic slowdown led to a drop in new car sales. The company is already profitable, Yalcin said, declining to give details.
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More than 100 U.S. troops diagnosed with brain injuries from Iran attack
No U.S. troops were killed or faced immediate bodily injury when Iran fired missiles at the Ain al-Asad base in Iraq in retaliation for the U.S. killing of Revolutionary Guard General Qassem Soleimani in a drone strike at the Baghdad airport on Jan. 3. The missile attacks capped a spiral of violence that had started in late December. Both sides have refrained from further military escalation, but the mounting number of U.S. casualties could increase scrutiny on the Trump administration’s approach to Iran.
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