Sunday, September 8, 2024
HomeEconomy

Economy

Saudi Arabia’s Healthcare Industry Goes Digital

CAIRO: Saudi Arabia is leading the digitalization wave in the wellness space by improving quality care, patient experience, and sustainable health development on par with the best in the world. The Kingdom aims to restructure the health sector by enhancing its capabilities as an effective, integrated, value-based ecosystem focused on the patient’s health.

Aviation Infrastructure Development Vital for Vision 2030: Report

RIYADH: The launch of the Kingdom’s strategic plans to become a global tourism and logistics hub has added a new impetus to its fast-evolving aviation industry, which can be bolstered by investing in innovative technologies, suggested a report issued by the King Abdullah Petroleum Studies and Research Center.

ADNOC Drilling Expands Fleet to Achieve $3bn Revenue by 2023

RIYADH: On the back of a strong first-quarter performance, ADNOC Drilling plans to go big on its expansion strategy as it eyes 20 percent year-on-year growth in revenue this year.  As a sole drilling partner to Abu Dhabi National Oil Co., ADNOC Drilling launched a bold fleet expansion program to enable the energy giant achieve its production targets.  In an interview with Arab News, the CEO of the Middle East’s largest national drilling company, Abdulrahman Abdulla Al-Seiari, said they grew the fleet by 16 rigs in 2022, bringing the total to 115. 

“UK Business Secretary Optimistic about GCC-UK Free Trade Deal Progress”

RIYADH: Recently appointed British Secretary of State for Business and Trade Kemi Badenoch has highlighted the progress being made in Gulf Cooperation Council-UK free trade agreement negotiations. The politician made her comments during a visit to Riyadh on Wednesday as part of a five-day tour of GCC member states. She told Arab News: “We are very excited about the GCC-UK free trade agreement. We think that it could be really groundbreaking and set a precedent for what the GCC does with the rest of the world.”

Intella moves HQ to Saudi Arabia amid AI boom.

CAIRO: Speaking exclusively with Arab News, Nour Taher, CEO and founder of the company, said Intella has begun relocating its headquarters to the Kingdom after gaining massive traction in the country.  The move is evidence of how Saudi Arabia is making strides in the field of artificial intelligence and positioning itself at the forefront of the AI revolution in the Middle East.  “Saudi is becoming a hub for tech companies, and we plan on playing a core role in the Saudi tech ecosystem,” Taher said. 

Flyadeal increases daily flights between Riyadh and Dubai at low cost.

RIYADH: In order to meet the growing travel demand between Riyadh and Dubai, flyadeal is going to increase daily flights to the emirate, the Saudi Press Agency reported.  The Kingdom’s low-cost airline has increased the total number of flights operating between King Khalid International Airport and Dubai International Airport to five per day, with an average weekly frequency of 33. 

Saudi Payments wins award for top transaction experience in 2023.

RIYADH: Saudi Arabia’s digital economy landscape has earned additional recognition as Saudi Payments, also known as Mada, received the Best Payment Experience of 2023 award at Seamless Middle East, a commercial technology event held in Dubai. Operating under the umbrella of the Saudi Central Bank, Mada was awarded for its public transport payments services in the Kingdom’s urban mobility space.

Must read