Echelon, a Riyadh-based technology company, has announced a business development partnership with Applied Intuition, the leading physical AI company, in a move aimed at deploying physical AI at national scale in major industries including robotaxis, ports, mining and manufacturing as well as construction and trucking.
Petroleum Development Oman (PDO) has awarded a three-year integrated drilling services contract to Weatherford covering the drilling of 274 wells in the Marmul and Greater Saqar areas of Oman. The contract forms part of PDO’s plans to increase oil production, improve drilling efficiency and optimize the development of small fields through a unified development model.
The total number of active fleet management systems deployed in commercial vehicle fleets in the GCC countries and Turkey is forecast to grow at a CAGR of 14.4% from about 6.4 million units at the end of 2025 to reach 12.5 million units by 2030, according to a report.
Elsewedy Electric, a leading integrated provider of energy and infrastructure solutions, has announced the acquisition of a 60% majority stake in UAE based Thomassen Service, a specialised provider of gas turbine maintenance and repair services.
PepsiCo has opened its new $10 million Regional Research & Development (R&D) Hub in Riyadh.
Egis, a leading global architectural, consulting and construction company, said it has been officially registered as a Saudi Civil Defence approved consultant by the General Directorate of Civil Defence (Salamah). This accreditation authorises the firm to provide specialist fire and life safety services for public and private sector clients.
IFS, a leading provider of Industrial AI software, has announced that Arab Tank Terminals Ltd (ATTL) has chosen to implement IFS Cloud embedded with IFS.ai.
Dubai business owners dealing with poor-quality leads, hiring problems, inefficient systems or a business that relies too heavily on them are being invited to a free one-day accelerator.
Emirates Water and Electricity Company (EWEC) has outlined plans to expand the UAE’s cleaner energy and water systems, forecasting a more than 45 per cent reduction in related carbon emissions by 2035 despite rising electricity demand.
Batelco by Beyon, a leading provider of innovative telecommunications and digital services that empower people and enable businesses, has signed a partnership with Procural, a Bahrain-based e-procurement platform, to accelerate the digital transformation of its procurement operations.