Fitting, a digital platform specializing in the automation and digitization of supply chains in the construction sector, has announced the successful closing of its second Seed investment round, raising $1.1 million, with the participation of a prominent strategic investor from the contracting and real estate development sector. The investment marks an important step in supporting
Saudi Arabia has announced the opening of the 246-km Rafha-Hail Road, thus expanding the kingdom’s transport network with a new route linking Rafha to Hail through the Hail-Baqaa Road. A key infrastructure project, it has been designed to strengthen the kingdom’s land transport network by improving connectivity between its northern and central regions through a
Saudi Arabia will host a trilateral summit in Jeddah on Friday bringing together Crown Prince and Prime Minister Mohammed bin Salman, Turkish President Recep Tayyip Erdoğan and Pakistani Prime Minister Muhammad Shehbaz Sharif. The Turkish presidency announced on Thursday that Erdoğan will make a one-day working visit to Saudi Arabia on Friday, during which he
The Ministry of Human Resources and Social Development has introduced a new electronic service enabling individuals to request the transfer of foreign workers’ services from private sector establishments to individuals, subject to a set of regulations and conditions. The initiative is intended to regulate the transfer of workers from private sector establishments to individuals for
The State of Qatar and the Kingdom of Saudi Arabia signed today a Memorandum of Understanding (MoU) for cooperation in the fields of nuclear safety and radiation protection. The agreement comes within the framework of the fraternal relations between the two countries and their commitment to strengthening cooperation and exchanging expertise in this area. The
Turkey, Saudi Arabia and Pakistan signed a joint defence agreement on Friday, Pakistan’s foreign ministry said, as the three countries sought to deepen security cooperation amid heightened military tensions and conflicts in the Middle East. The agreement is intended to strengthen collective deterrence against any act of aggression and stipulates that an armed attack against
Lucid Group, which is backed by the Public Investment Fund, said its factory in Saudi Arabia is transitioning from construction to industrialisation. Manufacturing systems across stamping, body, paint and final assembly are being installed and commissioned in preparation for production trials at the 1.36 million square meters AMP-2 site in King Abdullah Economic City (KAEC),