Author: Mahdeehassan

Riyadh: The World Economic Forum (WEF) has named today Intelmatix, a global deep-tech company specializing in enterprise artificial intelligence, as a 2025 Technology Pioneer. Intelmatix is the first AI company from Saudi Arabia, and the broader MENA region to receive this recognition, marking a major milestone for the Kingdom’s technology sector. The WEF Technology Pioneers program recognizes the world’s most promising companies that are shaping the future through innovation and impact. Past honorees have included transformational leaders such as Google, Twitter, Airbnb, Spotify, and Palantir. The announcement underscores Saudi Arabia’s bold commitment to artificial intelligence as a national priority under Vision…

Jeddah – flyadeal has signed a strategic partnership with AlFursan loyalty program, enabling members to earn and redeem miles when flying with flyadeal, Saudia Group’s low-cost carrier. The agreement complements the growing operational footprint of flyadeal across domestic and international routes and supports AlFursan’s ongoing digital transformation. The signing ceremony was attended by H.E. Engr. Ibrahim Al-Omar, Director General of Saudia Group, and signed by Steven Greenway, Chief Executive Officer of flyadeal and Essam Akhonbay, Vice President of AlFursan Loyalty Program at Saudia. Through the partnership, AlFursan members can now redeem miles on flyadeal flights throughout the year,…

As part of its ongoing commitment to empowering its customers and supporting their expansion into global markets, Al Baraka Group has continued its efforts to support commercial businesses through a series of strategic initiatives that reflect the strength and diversity of its extensive network and broad geographic footprint. Recently, the Group successfully organized two events under its Joint Trade Finance Collaboration Program among its banking units. The first session brought together exporters and importers from its units in Turkey and Algeria, while the second gathered counterparts from Egypt and South Africa. Senior leaders and trade experts from both sides participated…

Cairo – PARAGON Developments, Egypt’s leading regenerative mixed-use developer, announces the opening of its first regional office in Saudi Arabia in Riyadh. This strategic expansion reflects PARAGON’s commitment to exporting its expertise while supporting local communities and cultures through human-centric design, enhanced well-being, and high environmental performance. The announcement coincides with PARAGON’s participation in the Nile Expo Real Estate Exhibition, one of the region’s premier events, further reinforcing its commitment to meaningful collaboration within the real estate sector and the export of its regenerative development philosophy. Saudi Arabia presents immense opportunities, with Vision 2030 driving strong demand for innovative, integrated real…

Dammam, Saudi Arabia — As part of its ongoing commitment to technical education and social responsibility, Al Jabr Trading Company provided a new JMEV GSE electric vehicle from JMC to the Secondary Industrial Institute in Wadi Al-Dawasir. This contribution supports the institute’s “Electric Vehicle Training” initiative launched by its Department of Engines and Vehicles. The four-day training program included specialized workshops and intensive hands-on sessions covering EV components, operating mechanisms, routine maintenance, safety systems, and advanced technologies. Trainees conducted direct technical inspections on the vehicle, gaining practical skills that prepare them for the job market. This initiative aligns with Saudi Vision 2030’s goal…

In collaboration with the Saudi Sports for All Federation, ASICS aims to foster start-up partnerships that align with our founding philosophy of A Sound Mind In A Sound Body June , 2025 – Riyadh, Kingdom of Saudi Arabia – ASICS Corporation today announces the launch of the ASICS Innovation Pitch in Collaboration with the Saudi Sports for All Federation, a start-up pitch program designed to cultivate innovative collaborations in Saudi Arabia. Spearheaded by ASICS Ventures Corporation and ASICS SA Marketing LLC (ASAM), the initiative invites Saudi-based start-ups to propose digital solutions that encourage greater participation in sports and physical activity. The program is launched in partnership with the Saudi Sports for…

Rabat, Morocco – Maroc Telecom and IFC are building a long-term partnership to support the subsidiaries of Maroc Telecom in Chad and Mali. Through this partnership, IFC will provide two loans for a total amount of €370 million to enhance mobile connectivity and improve the quality of mobile internet. The financing will support the rollout of 4G services, bringing faster, more reliable internet to more people and businesses across both countries. “Operating in the sub-Saharan Africa region for more than 20 years, Maroc Telecom Group’s strategy is to enhance telecommunication and associated products to serve a fast-growing young population,” says Mohamed Benchaaboun, CEO…

Los Angeles, Paris – Qatar Sports Investments, the majority-owner of European Champions Paris Saint-Germain, has signed an investment and strategic partnership agreement with Kevin Durant, one of the most decorated US basketball players of all time and a leading investor in sports and entertainment properties. The deal will see Durant – via his media and investment arm Boardroom, with entrepreneur and long-time business partner Rich Kleiman – acquire a direct minority stake in the Club. In August 2024, Durant – the two-time NBA Champion, four-time Olympic gold medalist, MVP, and fifteen-time NBA All-Star – partnered with Paris Saint-Germain through Arctos Partners,…

The University of Dubai, in collaboration with the Artificial Intelligence Journalism for Research and Forecasting (AIJRF), has officially launched a groundbreaking Arab initiative titled “Arab AI Researchers (AAIR)”. This is the first initiative of its kind in the region and comes as part of the Arab Index for Artificial Intelligence in Universities (AIU), which was first announced last year at the University of Dubai. A Regional Step Forward in Academic Innovation His Excellency Dr. Eesa Al Bastaki, President of the University of Dubai, emphasized that this initiative is aligned with the key recommendations announced at the conclusion of the 5th edition…

Dubai, United Arab Emirates: talabat, the leading on-demand delivery platform in the MENA region, has partnered with AdTech company Flyby, to introduce Smart Delivery Boxes across its delivery fleet in Dubai. These digitally enhanced boxes turn delivery bikes into mobile, data-driven advertising platforms, offering brands a powerful and measurable way to reach consumers across the UAE. The Smart Delivery Boxes feature digital LED screens that display geo-targeted ads, turning everyday delivery routes into mobile, real-time advertising opportunities. This innovative solution not only creates a new channel for brand storytelling, but also aligns with talabat’s commitment to sustainable, tech-driven operations. Pedram Assadi,…