Month: February 2022

Riyadh, KSA; February 5, 2022: Dar Al Arkan, the leading real estate company in Saudi Arabia, continues its dynamic growth momentum by announcing the opening of its office in Beijing, China. The announcement is in line with the Dar Al Arkan’s strategic expansion and builds on spreading the leading Saudi Arabian brands globally. Dar Al

The Kigali International Financial Centre (KIFC) announced yesterday the launch of the first and only Fintech-focused Africa Fund. Backed by MyGrowthFund Venture Partners, the $50m fund will focus on fintech companies with proven technology, operating in Africa. Private equity investments in Africa have doubled during the last decade with fintech receiving close to 60% of the

The Aston Martin Cognizant Formula One™ Team and Aramco today announced a long-term strategic partnership, which will drive the development of highly efficient internal combustion engines, high-performance sustainable fuels, advanced lubricants and the deployment of non-metallic materials in vehicles.  In addition to joint research and development, the collaboration includes team sponsorship rights, a licensing agreement, as well

MUFG Research released today suggests that GDP growth in the Gulf Cooperation Council countries will see a surge of 6.1% in 2022, on the back of higher oil prices, increased oil production, and robust momentum in non-oil activity. This will be the fastest pace of cyclical expansion since 2011 and is higher than other Emerging

AlUla—The awe-inspiring mirrored event venue Maraya in AlUla will host American musician/singer/songwriter/and multi-Grammy-award winner Alicia Keys for her special “ONE NIGHT ONLY” performances in support of her new release KEYS on February 11th, in an intimate concert presented by Good Intentions. This is the first time Keys will perform at AlUla in the majestic epicenter of art,

Aramco today officially announced the launch of Prosperity7 Ventures, a one-billion-dollar Venture Capital fund. The fund has been operational for over a year, but was today launched officially by Aramco Chief Technology Officer Ahmad Al-Khowaiter during the LEAP 22 technology conference in Riyadh.  Prosperity7 is designed as a global financial VC, with a long-term view

Leading global EdTech, Cuemath – a one-on-one personalised math learning platform backed by Google – announces its expansion into Saudi Arabia. The move into one of the Middle East’s largest markets follows Cuemath’s rapid growth in the UAE – where the Company’s subscriber base has grown 600% since its June 2021 launch, and it now