Hakbah, the Saudi-based fintech savings platform, announces its successful closing of a US$2 million, pre-Series A, funding round. Global Ventures- MENA’s leading venture capital firm and DIFC-based Aditum Investment Management participated in the round, providing Hakbah with its first institutional capital. The funding follows approval granted by the Saudi Central Bank (SAMA). Proceeds will be

The Mohammed Bin Rashid Space Centre (MBRSC) today announced that Sultan AlNeyadiwill become the first Arab astronaut to undertake a spacewalk during Expedition 69 on the International Space Station (ISS). Scheduled for 28 April, the UAE will become the 10th country to perform a spacewalk on the ISS.AlNeyadi will be part of the 262nd spacewalk

Knight Frank Middle East, a leading global real estate consultancy has announced a collaboration with Pan Kingdom Holding, a renowned infrastructure holding company based in Saudi Arabia. The partnership will focus on Asset Management Project for a newly constructed 2,000 room hotel in Makkah. Turab Saleem, Partner & Head of Hospitality at Knight Frank MENA,

A lot has been written recently about how Artificial Intelligence can change our life. Artificial intelligence has emerged as a disruptive force across multiple industries. From healthcare to finance, AI is transforming the way businesses operate and compete in the market. Artificial Intelligence will soon write a movie script, use AI to generate actors for

“The new generation is taking the concept of shopping to the next level by demanding a holistic experience that combines the opportunity for shopping, living and leisure and socially interactive experiences”, according to Muhammed A. Chaudhry, General Partner at DJM Capital Partners. Gone are the days when shopping malls were typically located in the suburbs

Mastercard and IllusionsOnline, a global leader in enterprise solutions for hospitality industry, have partnered to launch a unique online platform to bring tailored travel offers to Mastercard cardholders. The new offering from Mastercard and Illusions Online will feature curated and exclusive offers from the best hotel chains around the world with discounts of up to

The Otr Elkalam show, one of the initiatives of the Saudi General Entertainment Authority, witnessed the completion of the list of the semi-finalists in the international Quran and adhan competition. In the Quran track, Moroccan Abdullah Al-Daghri qualified, and in the Adhan track, Emirati contestant Hamid Al-Raisi qualified. The total number of semi-finalists is 16 contestants from