Author: Mahdeehassan

Riyadh, Saudi Arabia – The Capital Market Authority (CMA) has announced its approval of Bidaya Finance Company’s request to register and publicly offer debt instruments under a new issuance program with a total value of up to SAR 1 billion.In its statement, the CMA confirmed that the prospectus will be published prior to the subscription period. The document will include all key information for potential investors, including the company’s financial statements, detailed business overview, management information, and the complete terms and conditions of the Sukuk issuance program.Earlier this year, in April 2025, Bidaya Finance’s Board of Directors approved the authorization…

Riyadh, Kingdom of Saudi Arabia: Majd Investment, Sumou Global Investment (SGI), and Strategic Housing Group (SHG) have launched Dedicated Housing Company (DHC), a joint venture with an initial SAR 2 billion fund, pioneering co-living for professionals and students. Positioned to lead the sector, DHC will develop and operate Saudi Arabia’s next generation of purpose-built co-living communities.This partnership unites three industry leaders in investment, real estate development, and revolutionary operations to create a platform that will serve and lead the market.Purpose Built Communities for a New GenerationThe Dedicated Housing Company was created to meet the urgent demand for high quality and…

PALO ALTO, Calif. ⎯ PGxAI has partnered with Riyadh-based Najashi Holding to bring its AI-powered pharmacogenomics platform to Saudi Arabia. The collaboration supports the Kingdom’s healthcare transformation under Vision 2030, strengthening its position as a global leader in precision medicine.Najashi Holding, a pioneering regional healthcare investor, is committing equity to PGxAI’s planned $20 million Series A round in 2026. The company will also mobilize its extensive public- and private-sector networks to accelerate the adoption of personalized care across the country.The joint venture will deploy PGxAI’s technology within Saudi Arabia’s healthcare infrastructure to enable personalized drug selection, reduce adverse reactions, and…

Saudi Arabia, Riyadh: King Faisal Specialist Hospital & Research Centre (KFSHRC) is participating in the eighth edition of the Global Health Exhibition 2025, taking place in Riyadh from October 27 to 30 at the Riyadh Exhibition and Convention Center. The event brings together leading healthcare professionals, experts, and decision-makers from around the world to explore the future of healthcare innovation and delivery.At its pavilion, KFSHRC is presenting pioneering healthcare solutions in robotic surgery, T-cell therapy programs, pharmaceutical manufacturing facilities, preimplantation genetic diagnosis (PGD), surgical planning for epilepsy, and liver and small intestine transplantation.In the field of medical education, the pavilion…

Dubai, UAE –– Hospinorm, a leading provider of advanced healthcare solutions across the GCC, is proud to announce its partnership with Etiometry, a global leader in clinical decision-support technology. Through this collaboration, Etiometry’s AI-driven, FDA-cleared clinical intelligence platform is now available in the United Arab Emirates, marking a major advancement in the region’s critical care landscape. Designed to empower clinicians with real-time, data-driven insights, Etiometry’s platform supports better decision-making in intensive care settings, ultimately helping improve patient outcomes and operational efficiency. The technology leverages advanced algorithms to identify trends and risks that may not be immediately visible, ensuring clinicians can…

Ajman, United Arab Emirates – Saudi German Health (SGH), one of the region’s leading healthcare providers and pioneer in advancing medical excellence across the region, today announced a major expansion of its relationship with Mayo Clinic; with Saudi German Hospital Ajman officially joining the Mayo Clinic Care Network.With this announcement, SGH cements its position as the largest group of Mayo Clinic Care Network members in the region, reflecting the group’s unwavering commitment to advancing healthcare standards and delivering exceptional outcomes in the UAE, KSA & Beyond.The announcement was made during a landmark ceremony held at the Emirates Hospitality Centre in…

Jeddah, KINGDOM OF SAUDI ARABIA – flyadeal, Saudi Arabia’s fast-growing low-cost airline, has launched its much-anticipated non-stop daily flights to the Syrian capital, Damascus.With the start of three flights a week from the Saudi port city of Jeddah yesterday (October 1), followed 24 hours later by the first of four weekly services from the capital Riyadh, flyadeal now provides a new daily air bridge between the Kingdom and Syria.flyadeal has been working tirelessly to secure the new operations following the lifting of international sanctions on Syria, which has for years been devasted by civil war.flyadeal management led by Chief Executive…

Riyadh – In a significant step toward supporting the digital transformation of Saudi Arabia’s labor market, SBR—a fast-growing Saudi startup specializing in AI-powered HR technologies—has signed a Memorandum of Understanding with Jisr, one of the Kingdom’s leading platforms for human resources and financial management.This strategic partnership aims to redefine recruitment processes by developing advanced solutions that enable companies to leverage accurate data and identify top talent more efficiently. The collaboration is set to reduce hiring time and costs, streamline procedures, and deliver more impactful outcomes.Founded by entrepreneurs Saleh Baarmah and Hamzah Bawazir, SBR was established to simplify recruitment using artificial…

UAE: Deliveroo UAE today announced that it has officially become part of DoorDash, following the successful completion of the acquisition.In an open letter, DoorDash Co-Founder and CEO, Tony Xu, marks “the beginning of a new chapter, not the end of an old one”, stating that “the Deliveroo app and products you know and love aren’t going anywhere”. The letter goes on to say that “by combining DoorDash’s global scale and technology, we have the opportunity to serve more people, in more places, with greater impact.”The letter directly addresses each side of our audiences: consumers, merchants and riders, explaining the company’s…

Riyadh, Kingdom of Saudi Arabia – Apparel Group, the leading global retail powerhouse, continues its rapid growth in the Kingdom of Saudi Arabia with three exciting back-to-back R&B store openings. Shoppers can now experience the brand’s signature blend of affordable, trend-led fashion at R&B Mall of Dhahran, followed by a vibrant debut at Riyadh Gallery, and most recently, the grand opening at Nakheel Mall, Riyadh — marking the 165th R&B store across the Middle East and India. The new Nakheel Mall store spans over 2,500 sqm, making it one of the brand’s largest locations in the Kingdom. Designed with a sleek,…