Monday 25 May 2015
 
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Saudi

Burgan Bank eyes UAE, Saudi, Egypt expansion

Burgan Bank, Kuwait's third-largest lender by assets, will consider expanding in the UAE, Saudi Arabia and Egypt as it raises the share of international operations in its business, its chief executive said. Eduardo Eguren said

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KAEC to sell around 2,500 residential units in 2015

King Abdullah Economic City (KAEC), a special economic zone on Saudi Arabia's Red Sea coast, will be selling around 2,500 residential units this year, roughly the same level as in 2014, said its managing director. KAEC expects to at

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Flat6Labs Jeddah launches 10 Saudi start-ups

Jeddah-based Flat6Labs, a start-up accelerator programme, introduced a line-up of 10 Saudi technology-enabled start-ups at its third Demo Day event. Supported by IKEA and the Arabian Cement’s Corporate Entrepreneurship Respo

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Flat6Labs Jeddah launches 10 Saudi start-ups

Jeddah-based Flat6Labs, a start-up accelerator programme, introduced a line-up of 10 Saudi technology-enabled start-ups at its third Demo Day event. Supported by IKEA and the Arabian Cement’s Corporate Entrepreneurship Respo

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Saudi IFC to fund Mena tech companies

Saudi-based IFC, a member of the World Bank Group, is investing $10 million in a venture capital fund that supports promising technology companies, part of an effort to drive job creation across the Middle East and North Africa (Mena).

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Saudi IFC to fund Mena tech companies

Saudi-based IFC, a member of the World Bank Group, is investing $10 million in a venture capital fund that supports promising technology companies, part of an effort to drive job creation across the Middle East and North Africa (Mena).

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Saudi firms adopting hybrid cloud models

Majority of the companies (about 44 per cent) in Saudi Arabia have already implemented or are planning to deploy a cloud computing model in their offices, said a survey. There is a growing interest among public sector entities in

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US drivers yield 'swing' oil demand crown to Saudis

As the United States raced over the past five years toward becoming a global petroleum powerhouse, the world's biggest oil exporter Saudi Arabia quietly seized a market milestone from America: the largest source of peak summer demand.

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Suicide bomber strikes at Saudi mosque

A suicide bomber blew himself up at a Shi'ite mosque in eastern Saudi Arabia during Friday prayers, residents said, killing and wounding several people. One witness described a huge explosion at the Imam Ali mosque in the vill

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Saudi university, Pearson to provide e-learning technology

The Preparatory Year Deanship at Um Al Qura University (PYP-UQU) has partnered with leading learning company Pearson to provide students with online learning and assessment technology. Under the agreement, Pearson will provide the

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