Sunday 24 May 2015
 
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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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Saudi regulator seeks to prosecute 9 Mobily officials

Saudi Arabia's market regulator has recommended nine current or former officials at Saudi Arabian telecom operator Mobily be prosecuted for violations that include insider trading, a local financial news website reported on Thursday.

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Saudi Health successfully concludes with 17,000 visitors

More than 17,000 visitors attended the fifth edition of Saudi Health 2015, which featured more than 350 exhibitors from 11 countries. It provided them with a platform to showcase their latest innovations in healthcare products and

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Saudis can avail free business visas in Bahrain

Businessmen entering Bahrain from Saudi Arabia via the King Fahad Causeway can get free business visas, a top government official has announced. Nationality, Passport and Residence Authority (NPRA) Visa and Residence Permit direct

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Pace starts work on Saudi shopping centre design

Pace, a Kuwait-based architecture, engineering, design and planning company, said it is working on the conceptual design of Noura Centre, which will be a distinctive landmark located directly opposite the newly-constructed Princess Nora Bint Abd

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