Press Dossier   By Date  05/03/2024
LEAP24 to witness $11.9bn tech investment deals, says minister
Saudi Arabia’s international technology conference LEAP is set to witness $11.9 billion of investment deals over its three-day duration — eclipsing last year’s figure of $9 billion, according to a senior minister.
Saudi Arabia startups close February with $16.3m in funding
Saudi Arabia emerged as a significant player in the startup ecosystem this February, raising $16.3 million, making it the second-highest amount secured by any country across the Middle East and North Africa.
Saudi Arabia unveils ‘Hospitality Investment Enablers’ for tourism growth
A new hospitality package is poised to enhance Saudi Arabia’s business operations, project viability, and land access, a senior official announced.
Closing Bell: Saudi main index slips to close at 12,434
Saudi Arabia’s Tadawul All Share Index slipped on Monday, losing 120.61 points, or 0.96 percent, to close at 12,434.59.
Saudi aviation professions localization plan enters 2nd phase
The number of Saudi flight attendants and fixed-wing pilots is set to increase as the localization plan for the Kingdom’s aviation sector enters its second phase.
NHC signs deals to revolutionize Saudi real estate sector with innovative technologies
Saudi Arabia’s National Housing Co. signed two agreements at LEAP 2024, aiming to support real estate activities in the Kingdom by crafting unique business intelligence solutions.
MODON and General Electric seal deal to operate $346m technology center in Dammam
Dammam’s General Electric Manufacturing Technology Center will soon begin operations thanks to a new agreement signed by the Saudi Authority for Industrial Cities and Technology Zones.
Hilton to operate 3 new resorts in UNESCO World Heritage Site Al-Ahsa
Saudi Arabia’s UNESCO World Heritage site, Al-Ahsa, is set to provide an enhanced hospitality experience as Hilton introduces three new resorts, establishing a farm-focused tourism hub.
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