Author: Editorial Team
RIYADH — Saudi Arabia’s benchmark Tadawul All Share Index (TASI) surged 1.3 percent or 142.29 points closing at 11,115.37 points on Tuesday. Total turnover reached SR7.6 billion, with 315 million shares traded. The Saudi Parallel Market Index (NOMU) ended higher, gaining 137.46 points to close at 22,887.94 points. Trading value on NOMU reached SR17 million, with 1.3 million shares traded. Shares of 203 companies rose in value, while shares of 54 companies declined. Banking stocks led the rally, with SNB surging more than 4 percent and Al Rajhi Bank rising 1 percent to SR67.45. Riyad Bank, Alinma Bank, Bank Albilad,…
Minister of State for Foreign Affairs, Cabinet Member, and Climate Envoy Adel Al-Jubeir received at the ministry’s headquarters in Riyadh today newly appointed Ambassador of the Republic of Portugal to Saudi Arabia Luisa Fragoso. He wished the ambassador success in her new assignment. Source: Riyadh Daily
Janine Seebeck and Marc Maiffret. Dubai — BeyondTrust, the global leader in privilege-centric identity security protecting Paths to Privilege, announced that it has been selected to join Project Glasswing, Anthropic’s collaborative initiative to secure the world’s most critical software infrastructure. Its inclusion places BeyondTrust among a group of vendors whose codebases maintain critical digital infrastructure across global commerce, government, healthcare, and essential services. As organisations increasingly rely on privileged identities to operate and secure those environments, protecting the software that governs privilege has become an essential part of cyber resilience. “Millions of the world’s most important workloads are protected by privilege…
As competition for attention intensifies across social media, a new UAE initiative is taking a different approach to influencer marketing, one that focuses less on paid promotions and more on community support. Launched by creative agency Bukhash Brothers, ‘BB Local Love’ brings together influencers and homegrown businesses through curated product boxes designed to introduce creators to local brands and encourage authentic, unscripted exposure. The concept emerged from a desire to use the agency’s platform to create meaningful connections within the local entrepreneurial ecosystem. “The idea came from wanting to use our platform in a way that felt genuinely meaningful to…
JEDDAH — The Jeddah Mayoralty destroyed approximately 20 tons of spoiled food deemed unfit for human consumption during a joint field campaign carried out in the eastern part of the city.Conducted in collaboration with several relevant authorities, the campaign led to the closure of an unlicensed pastry and sweets factory operating from a site that failed to comply with health and municipal regulations. Yasser bin Siraj Bakhsh, director general of Monitoring and Addressing Negative Phenomena at the mayoralty, stated that field inspection teams identified an unlicensed factory operating within a residential building. The facility was producing various types of pastries…
RIYADH — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan received on Tuesday a phone call from Egyptian Minister of Foreign Affairs, Emigration and Egyptian Expatriates Dr. Badr Abdelatty. During the call, the ministers reviewed the latest developments in the region. They underscored the importance of intensifying efforts to de-escalate tensions in a manner that preserves regional peace and security. Source: Saudi Gazette
Every now and then, one hears a heartwarming story of a passenger having left wallet, passport or a key essential item behind, and a cab driver returning those to the owners. However, what happens when the list of items in the lost-and-found bin seem a bit, well, bizarre. Recently, Uber unveiled its Lost and Found Index which listed some of the offbeat items that passengers in the UAE have left behind. The offbeat items According to the Index, some of the most bizarre things the team has discovered in its lost and found section include things like massage tables, labubu…
ManageEngine, a division of Zoho Corporation and a leading provider of enterprise IT management solutions, today announced major updates to its IT operations and cybersecurity solutions. The company’s observability platform, OpManager Nexus, now natively supports gRPC Network Management Interface (gNMI) and OpenConfig streaming telemetry for real-time network visibility, while its unified security platform, Log360, features native SOAR capabilities and helps to reduce the time between detection and response through cross-domain orchestration. OpManager Nexus: A Move Towards Continuous and High Fidelity Network Observability With the addition of native telemetry streaming support via gNMI and OpenConfig models, OpManager Nexus enables enterprises to…
Google has reportedly placed an order with Intel to manufacture more than 3 million of its specialised AI chips in 2028. An action which would increase the pressure on Taiwan Semiconductor Manufacturing Co. (TSMC). The Information reported Google plans to use Intel to manufacture some of its tensor processing units (TPUs) after months of testing the chipmaker’s manufacturing capabilities. Google Cloud’s TPUs are custom chips purpose-built for AI and optimised for training and inference of advanced AI models. The news agency’s sources state the move reflects mounting strain on TSMC, which is struggling to meet surging demand for its foundry…
RIYADH — Saudi Arabia and Türkiye have signed two major memorandums of understanding covering railways and logistics services, marking a significant step toward developing a land transport corridor linking the Gulf region with Europe.The agreements were signed by Saudi Minister of Transport and Logistic Services Saleh Al-Jasser and Turkish Minister of Transport and Infrastructure Abdulkadir Uraloglu.Uraloglu described the agreements as the beginning of a new phase of cooperation aimed at strengthening technical expertise, logistics infrastructure and regional connectivity.“In this context, we are launching a new phase that will strengthen the exchange of expertise and technical cooperation across a wide range…