Category: News

AWS announces $230mln commitment for generative AI startups

Dubai, United Arab Emirates—Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced a $230 million commitment for startups around the world to accelerate the creation of generative AI applications. This will provide startups, especially early-stage companies, with AWS credits, mentorship, and education to further their use of artificial intelligence (AI) and

ROSHN Group offers new opportunities to Saudi SMEs with first-ever commercial bootcamp

RIYADH: ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and PIF-owned giga-project, held its first Commercial Bootcamp to empower general contractors, subcontractors, and project managers from Small and Medium Enterprises (SMEs) with more upskilling opportunities in the industry. The event, which was attended by local companies, underlined ROSHN’s approach to both growing the

Saudia concludes first phase of the Hajj season 1445AH

Jeddah:Saudia, the national flag carrier of Saudi Arabia, has successfully concluded the first phase of operations for its Hajj season 1445AH, marked by the completion of arrival flights. The last flight (SV5827), arrived today at King Abdulaziz International Airport in Jeddah from Riyadh, carrying 445 Hajj pilgrims. During the arrival phase, which lasted 32 days,

Gulf Exchanges Gather At The 3rd Annual HSBC GCC Conference In London

The HSBC GCC Conference served as a platform for connecting the Gulf Cooperation Council stock exchanges with global investors and stakeholders across diverse sectors and industries. It welcomed distinguished speakers and regional stock exchanges to discuss the evolving landscape of the GCC market and explore initiatives, achievements and key strategies for continued development. The four-day

Saudi Exchange Welcomes Rasan Information Technology Company To The Main Market

The Saudi Exchange today congratulates Rasan Information Technology Company (Rasan), the leading InsurTech services provider in the Kingdom of Saudi Arabia, as it lists on the Main Market. Established in 2016, Rasan is a company specializing in the InsurTech services in the Gulf region. The Group’s portfolio includes InsurTech companies like Tameeni, offering insurance aggregation services, among

Saudi Arabia Shows High Adoption And Planned Expansion Of Hybrid Multicloud With 2024 Investment Focus On AI Strategy And Cloud Staff

Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, announced the findings of its sixth global Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption. The majority of Saudi Arabia respondents in this year’s ECI study (70%) say their organization takes a cloud-smart approach to IT infrastructure strategy, which

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