Wa’ed Ventures, the $500 million venture capital fund under Saudi Aramco, today announced a strategic investment in Resemble AI, a leading security company based out of California specializing in AI voice generation and real-time multimodal deepfake detection. The startup closed a $13 million strategic round last December backed by investors including Google’s AI Future Fund, Sony Innovation Fund, Javelin,
The Saudi Cabinet has officially designated 2026 as the “Year of Artificial Intelligence,” marking a strategic step toward strengthening the Kingdom’s position as a global hub for data and advanced technologies, in alignment with the objectives of Saudi Arabia’s Vision 2030. Commenting on the announcement, Khaled Ahmed Sharbatly, Chief Executive Officer of Desert Technologies (DT),
Bel Group and Kiri, in collaboration with the Saudi Food Bank (SFB), reaffirmed their ongoing commitment to social responsibility by coordinating the assembly and distribution of 20,000 fresh meal kits in Jeddah during Ramadan for the third consecutive year. Each kit contained Kiri cheese, a cupcake, pie, dates, bread, fresh juice, and water, providing recipients
Ubuy, a leading cross-border e-commerce platform serving customers across the GCC, has announced the integration of Tabby as a new payment solution for customers in Saudi Arabia and the United Arab Emirates. The partnership enables shoppers to split their purchases into convenient installment plans, enhancing flexibility and accessibility for international shopping. The new payment option
At MIPIM 2026, The King Salman Park Foundation announced the award of Package 4, confirming the selection of a consortium led by Retal Urban Development Company to deliver a new residential-led mixed-use development in the heart of the Park’s cultural district. The contemplated development will be supported by a fund managed by SAB Invest and
“Aramco delivered robust growth and strong cash flows in 2025, reinforcing confidence in our strategy. Our disciplined capital allocation, combined with our lower-cost, adaptable, and highly-reliable operations, drove strong financial performance in a year marked by price volatility. This enabled a 3.5% increase to our base dividend, reinforcing our focus on delivering sustainable and progressive
Aluminium Arabia 2026, organised by RX, will take place from 27 to 29 April 2026 at Arena Riyadh, establishing itself as a strategic industrial platform supporting Saudi Arabia’s manufacturing growth, localisation objectives and advanced industrial development in line with Vision 2030.The exhibition brings together government stakeholders, global industry leaders and local manufacturers to accelerate the