Hassana Investment Company (Hassana) has announced the signing of a Memorandum of Understanding (MoU) with Kinan International Real Estate Development Company (Kinan). This collaboration seeks to create a partnership to invest in an innovative mixed-use real estate development. The development will incorporate residential, educational, healthcare, entertainment, retail, and office spaces alongside other contemporary amenities. This

WakeCap, a leading IoT platform for construction project management, today announced the acquisition of Crews by Core, an AI-powered project delivery platform for the construction industry. The acquisition will create the world’s most comprehensive SAAS and IoT solution for construction mega projects. Through the transaction, WakeCap will open an R&D headquarters in Silicon Valley to

The Red Sea Film Foundation, in collaboration with the Consulate General of France in Jeddah, the Embassy of France in Saudi Arabia, and Alliance Française,has announced an extension to the application deadline for the fourth edition of the 48-Hour Film Challenge, with submissions now open until July 7, 2024. This challenge aims to foster the

Aramco, one of the world’s leading integrated energy and chemicals companies, has awarded contracts worth more than $25 billion to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030, compared to 2021 levels.  The contracts relate to phase two development of the vast Jafurah unconventional gas field,

Jeddah Season 2024 activities have commenced under the slogan “Once Again” at Jeddah Art Promenade on Thursday. The launch featured drone displays, fireworks, visual presentations, and roaming performances. The season, inaugurated under the patronage of Prince Saud bin Mishal, Deputy Emir of Makkah Region and Chairman of the National Calendar Committee for Jeddah Governorate, aims

The value of Saudi Arabia’s non-oil exports to China during the past five years from 2019 to 2023 exceeded SR176 billion ($46.93 billion). Chemicals, polymers and metals topped in the list of Saudi non-oil exports to China, a report said. China occupies a prominent position as the first destination for Saudi exports, with a ratio

Saudi Arabian Logistics (SAL) has announced that it has signed a service contract with Air China, under which SAL will provide comprehensive air cargo handling services for Air China. The agreement marks a strategic partnership that reflects SAL’s commitment to expanding its air cargo handling services and strengthening its presence in the global logistics market.