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Zain KSA partners with Al Yamamah University to empower Saudi youth digitally
**Headline:** Zain KSA, Al Yamamah Boost Digital Training **Intro:** Zain KSA and Al Yamamah University have partnered to strengthen digital skills among Saudi youth through tailored training programs and on-the-job experiences. Announced at LEAP24 (March 4-7, Riyadh), the collaboration also…
Zain KSA and Nokia sign MoU for collaboration on 5G Cloud RAN infrastructure
**Titular**: “Zain KSA, Nokia Boost 5G Innovation” **Intro**: Zain KSA and Nokia announced a strategic partnership at LEAP24 to deploy cutting-edge 5G Cloud RAN infrastructure, targeting enhanced network efficiency and user experiences. This collaboration aligns with Saudi Vision 2030, aiming…
Zain KSA records SAR 9.9B revenue, proposes second-year dividend distribution
**Título:** *Zain KSA 2023 Profit Soars 131%* **Intro:** Zain KSA reported record annual revenue of SAR 9.9 billion in 2023, a 9% year-on-year surge, with net profit skyrocketing 131% to SAR 1.3 billion. The telecom giant credited 5G expansion, tower…
Kingdom Holding Company sells Riyadh’s “Kingdom City” for SAR 900 million
**Titular:** *KHC Vende Kingdom City por 900M* **Intro:** Kingdom Holding Company (KHC) vendió el complejo residencial de lujo *Kingdom City* en Riad a un fondo de Alawwal Investment por 900 millones SAR. KHC mantendrá participación en el nuevo fondo. Ubicado…
Omrania bids farewell to Mr. Basem Al Shihabi, Mr. Othman Al Washmi, and Mr. Abdulsalam Al Haddad, honoring their legacy
**Titular:** “Celebrating Legacy, Embracing New Chapters” **Intro:** Omrania recently honored three pillars of its legacy—Mr. Basem Al Shihabi, Mr. Othman Al Washmi, and Mr. Abdulsalam Al Haddad—during an emotional farewell at HQ. Their decades of dedication shaped the company’s journey,…
Revenue decline this quarter is attributed to sector-specific factors in Oil transportation
**Headline:** “Shipping Rates Sink Oil Revenue” **Intro:** A sharp decline in global shipping rates dragged quarterly oil transport revenue down by SAR 737 million year-on-year, slashing net profit. While Chemicals and Logistics sectors offset losses sequentially, rising finance costs and…
Aramco adheres to Ministry of Energy directive, maintains 12 MMBD capacity
**Titular:** *Aramco Caps Oil Capacity at 12 MMBD* **Intro:** Saudi Aramco will maintain its Maximum Sustainable Capacity at 12 million barrels per day (MMBD), halting plans to expand to 13 MMBD, following a directive from the Ministry of Energy. The…
Zain KSA and Maximus sign MoU for HR training collaboration.
**Titular:** Zain KSA, Maximus Boost Youth Skills **Intro:** Zain KSA has signed an MoU with Maximus to empower Saudi youth through professional training and market-ready skill development. Aligned with Saudi Vision 2030’s Human Capability Development Program, the partnership bridges education…
Aramco allocates $4 billion to global venture capital arm, Aramco Ventures
**Headline:** Aramco Doubles Venture Capital to $7B **Intro:** Aramco has allocated an additional $4 billion to Aramco Ventures, doubling its capital to $7 billion. This elevates its total VC commitment to $7.5 billion, including Saudi-focused Wa’ed Ventures. The expansion aims…
Bahri Logistics secures three-year freight forwarding deal with Saudi Arabia Railways
**Título:** Bahri Logistics, SAR Partner on Freight **Intro:** Bahri Logistics has secured a three-year agreement as Saudi Arabia Railways’ (SAR) primary freight forwarding partner for international imports The collaboration aims to bolster rail transport efficiency and expand integrated logistics solutions,…