Author: Arabian Media staff
Riyadh Air, owned by Saudi Arabia’s Public Investment Fund (PIF), will begin operating daily flights between Riyadh and London Heathrow on October 26 as part of its operational readiness programme ahead of its full commercial launch. The flights will be operated using a Boeing 787-9 Dreamliner named Jameela, the airline’s reserve aircraft. The inaugural service, flight RX401, will depart King Khalid International Airport at 3:15 am local time and arrive at Heathrow at 7:30 am, according to a statement. The return flight RX402 will leave London at 9:30 am and arrive in Riyadh at 7:15 pm local time. Tickets for…
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Image: Getty Images SAS, a global leader in data and AI, has announced the opening of its new Middle East and North Africa Regional Headquarters in Riyadh, Saudi Arabia. The announcement was made during SAS Innovate on Tour in Riyadh, the company’s flagship regional event attended by senior government officials, industry leaders, and technology experts. The establishment of the new headquarters reinforces SAS’s long-standing presence in Saudi Arabia and highlights its commitment to supporting governments and enterprises across the region in leveraging AI and advanced analytics to drive innovation, operational efficiency, and sustainable growth. “Saudi Arabia is rapidly emerging as…
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Saudi Arabia is on track to sustain annual non-oil growth of between 4.5 and 5.5 per cent through the coming decade, according to a new cross-sector report published by Moody’s Ratings on Wednesday. The ratings agency, through its latest sector report, says the kingdom’s economic diversification drive under Vision 2030 is “advancing and supporting the country’s medium-term economic prospects,” even as funding constraints and uneven project progress present challenges. Moody’s adds that Saudi companies “continue to have robust credit ratios,” though it warns that rapid expansion in the credit and insurance markets “will carry risks for companies in those sectors.”…
Image: WAM/Website Dubai Airshow has cancelled the participation of all six Israeli defence companies that were scheduled to attend next month’s biennial event following a “technical review,” the show’s organiser confirmed. Informa Markets, which manages the event, did not provide additional details regarding the decision. “The [Israeli] exhibitors that were previously coming won’t be participating,” said Tim Hawes, managing director of Informa Markets, at a press conference. “There was a technical review which we do of all companies that take part in the show,” he added, noting that the decision was made by the airshow’s technical committee. This development follows…
Image: Getty Billionaire Nikolay Storonsky, the CEO and co-founder of financial technology business Revolut, has changed his residence from the UK to the United Arab Emirates, according to filings in Britain’s corporate registry. Storonsky, who was born in Russia, changed his residence status in October 2024, a Companies House filing published on Tuesday shows. A spokesperson for Revolut declined to comment. The filing did not give a reason for the move. Revolut was valued last month at $75bn. Storonsky, who co-founded Revolut in 2015, owns more than 25 per cent of the company, directly or indirectly, according to the company’s latest annual report.…
Festivities will begin with Flag Day on 3 November and culminate on Eid Al Etihad on 2 December. Brand guidelines for this year’s Eid Al Etihad celebrations in the UAE have been unveiled, outlining detailed instructions on how to apply the official visual identity as the nation prepares to mark its 54th Union anniversary on 2 December. The 54th Eid Al Etihad Team this week brought together representatives from all seven emirates in a working session “designed to align efforts and create a cohesive approach to the upcoming festivities.” “This year’s celebrations reflect the shared spirit of the Union and…
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link