expansion

Startups in Egypt have started to gain momentum with several ventures securing funding to boost expansion efforts to the Kingdom. Following a period of startup funding stagnation, Egyptian founders have made their way back to the…
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Global battery production must be scaled up to meet the climate security goals set at COP28, according to the International Energy Agency. In its latest report, IEA said battery technology witnessed unprecedented growth in 2023,…
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UAE-based grocery store operator Spinneys 1961 Holding PLC is planning to make its debut in Saudi Arabia, capitalizing on the Kingdom’s development and increasing demand for retail products. The company’s CEO, Sunil Kumar, stated that…
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The burgeoning expatriate community and digital surge in Saudi Arabia have beckoned UAE-based travel tech startup Tumodo to expand its horizons. Vladimir Kokorin, co-founder of the firm, unveiled the company’s ambitious strategy to…
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Saudi Arabia has secured $13 billion in private sector investments for its tourism industry, aiming to distribute the costs involved in becoming a top destination, a minister said. According to Princess Haifa Al-Saud, the Kingdom’s vice…
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Throughout Islamic history, art has played a pivotal role in capturing cultural development and marking important moments in time. The documentation of the Two Holy Mosques in miniature paintings owned by Omar Murshid, a Saudi enthusiast…
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Saudi Arabia’s entrepreneurial landscape is bustling with innovation, as startups across the Kingdom are leading a digital revolution in various sectors. Among these, the healthcare industry stands out as a primary focus, with a…
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Saudi-backed carmaker Lucid Group is on track to bolster its manufacturing capabilities thanks to a new expansion of its US Advanced Manufacturing Plant, known as AMP-1. This development will help propel the building capacity ahead of…
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Microsoft and IBM were among several leading tech companies to hold talks over expanding their operations in Saudi Arabia in artificial intelligence, innovation, and the digital economy. The Kingdom’s Minister of Communications and…
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Omani firms eyeing Saudi expansion will now find it easier to enter the thriving market, thanks to Sohar International obtaining a no-objection certificate from the Kingdom’s central bank. The second-largest bank in Oman stated in a…
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