Month: May 2024

Iyris completes $16mln Series A fundraise

Riyadh, Delaware, Abu Dhabi – iyris (formerly RedSea), the innovative AgriClimate Tech whose company helps growers globally increase crop yields, reduce input costs and risk, and extend growing seasons in some of the most difficult farming environments, announces the completion of a $16 million, Series A fundraise. The round was led by Ecosystem Integrity Fund (“EIF”)

Airalo, world’s largest eSim marketplace, surpasses 10mln users

Dubai, UAE — Airalo announced today that it has surpassed the 10 million users mark, underscoring its position as the world’s largest eSIM marketplace. Alongside this achievement, the tech company proudly unveiled its latest innovation, Airalo Partners, an all-in-one B2B and B2C platform for travel agents, resellers, and corporates worldwide. This milestone further establishes Airalo as

ROSHN launches waterfront walkway revamp in Jeddah

Riyadh: ROSHN Group, Saudi Arabia’s leading national real estate developer and PIF-owned giga-project, has revealed a refresh for ROSHN Waterfront, Jeddah’s landmark destination, which welcomes over 55 million people every year. This initiative, titled “Renewing and Coloring Your Steps,” aims to enhance community engagement, empower creatives, and improve the public landscape. The walkway will become

Saudi Arabia’s residential transactions resurgent in Q1 2024

Riyadh: CBRE Saudi Arabia, the global leader in commercial real estate services and investments, released its latest edition of Saudi Arabia’s Real Estate Market Review for the first quarter of 2024. Looking at the office sector, a moderation in the rate of rental growth has been witnessed throughout the first quarter of the year across all market

Dematic strengthens presence in Middle East with new Saudi Arabia office opening

SYDNEY/Riyadh: Dematic, a leading global automation technology provider, has announced the opening of its new office in Riyadh in the Kingdom of Saudi Arabia. This strategic expansion further solidifies Dematic’s commitment to the Middle East region and reflects its dedication to delivering innovative solutions tailored to local market demands. “The opening of our office in the

Riyadh Air chooses creative director Ashi as its cabin crew fashion designer

Riyadh Saudi Arabia: Riyadh Air has selected world-renowned Saudi Arabian fashion designer Ashi to design and create the airline’s first-ever cabin crew fashion line. The partnership marks another groundbreaking milestone for the Kingdom’s new start-up airline, which is set to combine spectacular high fashion and outstanding design with functionality ahead of its maiden flight in 2025.

Saudi Manpower Solutions Company announces the completion of offering period for individual investors and final allotment of shares

SAUDI MANPOWER SOLUTIONS COMPANY (“SMASCO” or the “Company” or the “Group”) the leading manpower solutions company in the Kingdom of Saudi Arabia (the “Kingdom”), announces the successful completion of the Retail Investor offering period and the Final Allotment of Shares in relation to its initial public offering (the “IPO” or “Offering”). Following the successful completion

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