Alujain widens 2025 loss
The increase in loss is due to impairment charges, weaker prices.Company News Business
Aramco 2025 net profit $104bn, to pay $85.4 bn in dividends
Dubai, UAE -- Saudi Arabian Oil Co. (Aramco) reported a net profit of $104.7 billion for 2025, a decline from...Business
All six lines of Riyadh Metro are now operational
The Royal Commission for Riyadh City (RCRC) announced that the phased rollout of Riyadh Metro culminated as of Sunday, Jan....The Royal commission announced the operation of three new stations on the Blue Line
Riyadh Metro users will be received from 6:00 am until 12:00 midnight
Honda and Nissan expected to begin merger talks
Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants...Their collaboration would create the world's third-largest automaker
Honda and Nissan's partnership could include a manufacturing tie-up
Hackers stole US$2.2bn in crypto through 2024, Chainalysis Research
Crypto hackers stole US$2.2bn worth of crypto. This amount was a 21 percent yoy increase, the fourth consecutive year they...This stolen amount represents a 21 percent year-on-year increase
Private key compromises accounted for the largest share of stolen crypto in 2024, at 44 percent
Cybersecurity in 2024: From talent shortages to resilience against emerging tech risks
In 2024, cybersecurity remained central, addressing skill gaps and the impact of generative AI. A Strategic Cybersecurity Talent Framework offered...Cybersecurity in 2024 focused on talent gaps, emerging tech, and resilience
Public-private efforts tackled cybercrime and evolving digital threats
Fifth France-Arab Summit: Forging partnerships for a sustainable tomorrow
As the world grapples with uncertainty, the summit offers a much-needed space for cooperation and innovation, led by the Franco-Arab...The event, under the high patronage of French President Emmanuel Macron, brings together governments, businesses, and visionaries
By working together, France and the Arab world have the opportunity to shape the future
AI as the next frontier: Opportunities for channel partners to lead the way
AI offers an infinite number of selling and upselling opportunities. Resellers with the right strategic long-term approach will clearly develop....A strategic approach to AI integration is key for channel partners looking to capitalize on the transformative potential of this technology within their service portfolios
Delivering end-to-end AI solutions in another edge - spanning consulting, implementation, and ongoing support - emphasizes the partners' comprehensive service capabilities
Saudi Arabia partners with World Bank to launch global knowledge hub in Riyadh
According to World Bank Group President Ajay Banga, “The new Knowledge Hub being created by the World Bank Group and...The initiative positions Saudi Arabia as a central player in facilitating the global exchange of transformative ideas
The agreement was formalized with the signing by World Bank Group President and Saudi Arabia’s Minister of Commerce
Software solutions that minimize cost overruns, delays in construction
Project management software solutions have emerged as essential tools to streamline construction operations, enhance efficiency, and improve project delivery. They...The construction project management software solutions market reched US$17 billion in 2024
Leveraging digital tools can lead to 10-20 percent savings on overall project costs
Step into the future of sustainable smart city development
Pavegen, a global kinetic energy company, unveiled its innovative “Solar+” tile in Dubai. This tile harnesses the power of movement,...Pavegen tiles have harnessed the power of over 1 billion footsteps in smart cities
The company aims to bring the price down to sub US$1,000 per sqm in the future
UAE firms accelerate AI transformation, new report finds
The real power of AI lies in its careful deployment across diverse business functions, and the UAE is primed for...The AI Maturity Index shows that more than 80 percent of enterprises have a shared vision for AI within their organizations
Only 15 percent have reached a 'transformative' level of AI maturity
