Author: Editorial Team

Lenovo has announced the official opening of its Middle East, Türkiye and Africa (META) Regional Headquarters in Riyadh (RHQ), marking a strategic milestone in the company’s long-term investment in the Kingdom and its commitment to supporting Saudi Arabia’s Vision 2030 objectives. The official opening was marked by a formal ceremony attended by the Minister of Investment of the Kingdom of Saudi Arabia, His Excellency Mr. Fahad bin Abduljalil Al‑Saif, alongside senior government officials, strategic partners, and Lenovo leaders. His Excellency Mr. Fahad bin Abduljalil Al‑Saif, Minister of Investment of the Kingdom of Saudi Arabia, stated: “Lenovo’s decision to establish its…

MAKKAH — The Makkah region police arrested an Egyptian resident for offering fraudulent Hajj services. The arrest was made after he was found involved in posting advertisements on social media offering fake permits to enter the holy sites. Legal action was taken against him and he was referred to the Public Prosecution. The General Directorate of Public Security urged Saudi citizens and expatriates to adhere to Hajj regulations and guidelines and to report about violators by calling over the number 911 in the regions of Makkah, Riyadh, Madinah, and Eastern Province, or 999 in other regions of the Kingdom. Source:…

RIYADH — The Future Investment Initiative (FII) Institute announced on Wednesday that FII PRIORITY Europe Summit will take place in Rome, capital of Italy, from June 17 to 19, 2026. Global leaders will gather together to brainstorm a defining question for the continent’s future: how capital can secure Europe’s competitiveness, resilience, and strategic autonomy in a rapidly changing world? Under the theme “Europe Reimagined: Capital, Sovereignty & Strategic Autonomy,” FII PRIORITY Europe 2026 will bring together policymakers, investors, innovators, and decision-makers to examine how capital, industrial policy, and cross-border collaboration can strengthen Europe’s long-term position across energy, technology, security, and…

ABU DHABI, 15th April, 2026 (WAM) — Alpha Dhabi Holding PJSC, one of the fastest growing investment holding companies in the MENA region, listed on the Abu Dhabi Securities Exchange (ADX: AlphaDhabi), today announced the distribution of a cash dividend of 20 fils per share, amounting to a total of AED2 billion, for the financial year which ended 31 December 2025. The dividend distribution was recommended by the Board of Directors and approved by shareholders at Alpha Dhabi Holdings’ Annual General Assembly held on Monday, 16 March 2026. The approved dividend underscores the Group’s robust financial performance, strong cash generation,…

DUBAI, 15th April, 2026 (WAM) — Around 1,000 of the region’s and the world’s most prominent decision-makers, along with representatives from more than 500 specialised institutions and leading entities in the fields of financial services, regulation, and digital innovation, will participate in the third edition of the Mawarid FinTech Summit, which will be held on April 23 in Dubai. The summit, organised by Mawarid Finance, will also see the participation of fintech companies, banks, investors, and financial policymakers to shed light on the next phase of anticipated growth for the fintech sector, which is witnessing rapid and remarkable development in…

Dubai’s Roads and Transport Authority (RTA) has completed a project to construct road connections across 18 residential areas in the emirate, reducing journey times by up to 40 per cent in those locations. The project spans a total of 13km and includes traffic enhancements, with the provision of roadside parking spaces, pavements and street lighting. RTA said that the new connections have improved road connectivity and facilitated vehicle access to and from residential areas, particularly by paving previously unpaved roads. This has helped ease traffic flow and provide a smoother and safer driving experience for motorists. Stay up to date…

You’ve seen it a thousand times on postcards and hotel campaigns, that unmistakable white sail rising from the ocean. But Burj Al Arab has always been more than its silhouette. It is a building that, in the 1990s, catapulted Dubai onto the global luxury map and announced its arrival on the world stage. Over the years, it has become synonymous with the city’s growth story, an early and enduring testament to Dubai’s steadfast ambition. With the announcement of its closure for an 18-month restoration, it feels like a fitting moment to revisit the quirks, engineering gambles and design choices that…

(L-R) Sherif Azzam, Business Unit Manager, Comstor Saudi Arabia, Anas Abusaleh, Sales Director, Barq Systems & Mohammed Sayed, Presales Director, Barq Systems. Sherif Azzam, Business Unit Manager, Comstor Saudi Arabia, Anas Abusaleh, Sales Director, Barq Systems and Mohammed Sayed, Presales Director, Barq Systems discuss the value of Cisco Security solutions and its wider implementation in Saudi Arabia. What makes Cisco Security solutions stand out in the KSA market? Sherif Azzam: Cisco Security excels with integrated platforms like SecureX, offering zero-trust and AI-driven threat detection tailored for KSA’s Vision 2030 digital push. Anas Abusaleh : As a leading Cisco Partner in…

JEDDAH — Al Ittihad edged Al Wahda 1-0 after extra time to book their place in the AFC Champions League Elite quarter-finals. Fabinho struck from the penalty spot in the final seconds of extra time at King Abdullah Sports City, sealing a hard-fought victory and setting up a clash with FC Machida Zelvia. Backed by a strong home crowd, Al Ittihad started brightly, with Steven Bergwijn causing early problems from a free-kick, while Stephane Keller saw his volley deflected into the side netting. Al Wahda responded quickly on the counter, forcing Predrag Rajković into action after a dangerous moment involving…

RIYADH — The Public Investment Fund (PIF) Board of Directors, chaired by Crown Prince Mohammed bin Salman, has approved PIF’s 2026–2030 strategy, Saudi Press Agency reported on Wednesday. This marks a continuation of the fund’s long-term direction to build competitive domestic ecosystems, unlock the full potential of strategic assets, maximize long-term returns, and drive Saudi Arabia’s economic transformation while enhancing quality of life. The 2026–2030 strategy represents a natural evolution as PIF transitions from a period of rapid growth and acceleration into a new phase focused on sustained value creation, with a stronger emphasis on maximizing impact, improving investment efficiency,…