Riyadh, Saudi Arabia - The Saudi Pro League (SPL) and Saudi Arabian Mining Company (Maaden) have agreed a long-term strategic...
- Riyadh, Saudi Arabia -- Saudi Arabia's tourism sector is poised for an unprecedented summer season, with the official launch of...
Brussels, Belgium - The 27 EU member states approved Monday a deal between Brussels and Germany that lifted Berlin's block on...The ban on internal combustion engines is key to the EU's ambitious push to become a "climate neutral" economy by 2050, with net-zero greenhouse gas emissions.
Germany blocked the deal at the 11th hour, calling for an exemption for cars that run on synthetic fuels.
Abu Dhabi, UAE - The Technology Innovation Institute (TII) said Monday its AI and Digital Science Research Center (AIDRC) has...The Technology Innovation Institute's AI and Digital Science Research Center will partner with Mohamed bin Zayed University of Artificial Intelligence.
Over a period of three years, the researchers will work on developing advanced AI models for cybersecurity and smart city applications.
- Created by US startup OpenAI, ChatGPT appeared in November and was quickly seized upon by users amazed at its ability...
Europol said the criminals may use phishing, disinformation and malware to do more online frauds.
ChatGPT can also be used to write computer code, especially for non-technically minded criminals. the agency said.
The date of distribution will be announced later.The General Assembly date will be set after securing the formal approvals from the relevant authorities.
The Group reported a net profit of 742.80 million riyals for 2022, a 234.75 percent rise over 221.90 million in 2021.
The agreement with Rongsheng Petrochemical comes as Saudi Arabia -- the world's biggest crude exporter -- increases political ties with...Rongsheng deal comes day after Aramco announced it would partner with two other Chinese companies to build a refinery and petrochemical plant in the Chinese city of Panjin.
Aramco CEO Amin Nasser said at the China Development Forum on Sunday the firm, a leading source of income for the kingdom, was "doubling down on China's energy supply".
- The sukuk terms will be determined as per market conditions.
The bank said the offer will meet the bank’s financial and strategic objectives in accordance with its Sustainable Finance Framework.
The bank issued its Saudi riyal-denominated Tier 1 sukuk valued at SAR 6.5 billion ($1.7 billion) in January last year.
It will explore low-carbon ammonia value chain in Germany.The primary focus of the agreement will be the production and transportation of low-carbon ammonia and its application as a fuel in energy generation.
Ammonia, a compound of nitrogen and hydrogen, can be used as a low-carbon fuel across a wide range of industrial applications, including transportation.
Saeed Mohammed Al Ghamdi, who had been serving as CEO, will replace AlKhudairy as chair, Monday's statement said. Talal Ahmed...Saudi bank's board of directors accepted the resignation of Ammar AlKhudairy due to personal reasons, said the statement published on Saudi stock exchange
Credit Suisse's shares plummeted on March 15 after AlKhudairy said the Saudi bank would not raise its stake from 9.8 percent due to regulatory constraints
- Its IPO had been oversubscribed by 136 times.
The company's IPO, witnessing huge demand from retail and professional investors, raised nearly US$496 million
Its chairman said the company has created a reputation for combining big data, analytics, and AI expertise to support insight-driven decision-making
Dubai, UAE - Al Ansari Financial Services on Monday announced it has set the final offer price for its IPO...The Global Offering attracted considerable demand from both the Qualified Investor Offering and the UAE Retail Offer
The Qualified Investor Offering saw strong demand from both international and regional investors
