Genesys International lands Rs 35cr deals with NEOM and Saudi Geological Survey for advanced mapping technologies

Genesys International lands Rs 35cr deals with NEOM and Saudi Geological Survey for advanced mapping technologies

Genesys International Corporation Limited has landed major contracts worth Rs 35 crore, in collaboration with two influential entities—NEOM Ltd and the Saudi Geological Survey. This groundbreaking achievement signifies the expanding role of Indian geospatial technology on the global stage, with the company set to contribute to two crucial projects in Saudi Arabia. NEOM Ltd, known […]

Oracle boosts Saudi Arabia’s AI economy with new public cloud region in Riyadh

Oracle boosts Saudi Arabia’s AI economy with new public cloud region in Riyadh

Oracle Corporation has announced the launch of its second public cloud region in Saudi Arabia, marking a significant milestone in the company’s ambitious expansion plans. The new cloud region, based in Riyadh, is part of Oracle’s broader strategy to invest US $1.5 billion to enhance the Kingdom’s cloud infrastructure, aligning with Saudi Vision 2030. This […]

Akasa Air expands international reach with daily direct flights from Riyadh to Mumbai

Akasa Air expands international reach with daily direct flights from Riyadh to Mumbai

Akasa Air, India’s fastest-growing airline, has commenced daily direct flights from Riyadh to Mumbai, marking a significant expansion in its international network. The inaugural flight took off from Chhatrapati Shivaji Maharaj International Airport in Mumbai at 2220hrs IST on June 15, 2024, arriving at King Khalid International Airport in Riyadh at 0015hrs AST. This development […]

Standard Chartered to sell aviation finance business to AviLease for $700m

Standard Chartered to sell aviation finance business to AviLease for $700m

Standard Chartered Group has announced the sale of its global aviation finance leasing business to AviLease, a Saudi Arabian company owned by the Public Investment Fund, for an initial cash consideration of $700m. The deal is part of Standard Chartered’s broader strategy to focus on its core businesses and follows an announcement made in January […]

Oracle to invest $1.5bn for enhanced cloud computing capacity in Saudi Arabia

Oracle to invest $1.5bn for enhanced cloud computing capacity in Saudi Arabia

Oracle will open a new public cloud region in Riyadh, Saudi Arabia, as part of the company’s proposed $1.5 billion to increase cloud infrastructure capabilities in the Kingdom. The investment forms part of a memorandum of understanding (MoU) signed by Oracle with the Ministry of Communications and Information Technology (MCIT). Named Oracle Cloud Riyadh Region, […]

CPaaS provider Route Mobile forays into Saudi Arabia with CITC license

CPaaS provider Route Mobile forays into Saudi Arabia with CITC license

Route Mobile said that it is bolstering its footprint in the Gulf Cooperation Council (GCC) by foraying into Saudi Arabia (KSA) after securing a license from the country’s Communications and Information Technology Commission (CITC). The Indian Communication Platform as a Service (CPaaS) provider will open a domestic sales office in Riyadh, which will operate as […]

Aster Pharmacy partners with Al Hokair to expand footprint in Saudi Arabia

Aster Pharmacy partners with Al Hokair to expand footprint in Saudi Arabia

Aster Pharmacy, the retail arm of Aster DM Healthcare, has signed a long-term joint venture agreement with Al Hokair Holding Group to expand its footprint in the Saudi Arabian pharma market. Through the partnership, Aster Pharmacy is expected to open and run over 250 pharma stores in Saudi Arabia over a period of five years. […]

Accenture wraps up acquisition of Saudi Arabia-based AppsPro

Accenture wraps up acquisition of Saudi Arabia-based AppsPro

Accenture has wrapped up its previously acquisition of AppsPro, an Oracle Cloud implementation service provider in Saudi Arabia. The financial terms of the deal were not disclosed. The Ireland-based professional services company signed the deal in May 2021 to boost its Oracle Cloud capabilities globally. It will help Accenture to deliver further value to clients […]

Serafina opens first Italian restaurant in Riyadh, KSA

Serafina opens first Italian restaurant in Riyadh, KSA

Northern Italian eatery Serafina has opened its first ever restaurant in Saudi Arabia, at Riyadh on Saturday. With this new Italian restaurant in Riyadh, Serafina has taken its total of upscale restaurant chains across the globe to 35. Serafina Riyadh Italian restaurant which would serve Northern Italian cuisine comprises two floors and is the largest […]