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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

GACA, Cisco sign MoU

The MoU was signed between GACA’s Assistant to the President for Technology and Digital transformation, Eng. Abdullah bin Fahd Al-Shaya, and CEO of Cisco in the Kingdom of Saudi Arabia, Salman bin Abdulgh ani Faqih.
By TRENDS Desk
December 1, 2021 11:17 am
  • The memorandum will enhance the scope of cooperation in technology and digital transformation in the civil aviation sector
  • The GACA is keen to collaborate with international companies specializing in advanced technological fields to keep pace with the latest developments

The General Authority of Civil Aviation (GACA) signed on Tuesday a memorandum of understanding (MoU) with Cisco Arabia Saudi Arabia Limited to enhance the scope of cooperation in technology and digital transformation in the civil aviation sector.

The MoU was signed at GACA’s headquarters in Riyadh between GACA’s Assistant to the President for Technology and Digital transformation, Eng. Abdullah bin Fahd Al-Shaya, and CEO of Cisco in the Kingdom of Saudi Arabia, Salman bin Abdulghani Faqih.

The GACA President Abdulaziz bin Abdullah Al-Duailej, and the Vice President and Global Innovation Officer of Cisco, Dr. Guy Diedrich were present.

The GACA is keen to collaborate with international institutions and companies specializing in advanced technological fields to keep pace with the latest developments in the field of digital transformation in line with the directions of the Kingdom’s Vision 2030.

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