Author: Editorial Team
FlyAkeed, the Saudi corporate-travel technology platform, announced Wednesday from the main stage at LEAP 2026 that it has secured SR94.3 million ($25.15 million) in growth funding. The round pairs an equity investment led by Sanabil Investments – a financial investment company wholly owned by the Public Investment Fund (PIF) – with participation from Artal Capital, alongside stc group’s corporate venture capital fund and Aljazira Capital. Artal Capital has also led our Murabaha sukuk financing, a pioneering Shariah-compliant growth financing structure tailored to the Kingdom’s expanding SaaS ecosystem.The funding will primarily support a new embedded deferred payment offering that enables a…
RIYADH — The Ministry of Interior’s electronic platform Absher processed more than 240 million electronic transactions during the first half of 2026 through its Absher Individuals and Absher Business platforms. Absher announced this during its participation in the Ministry of Interior’s pavilion at the LEAP 2024 Conference and Exhibition in Malham, Riyadh. Out of the total number of 240,268,250 processed transactions, 225.3 million were carried out through the Absher Individuals platform, while the Absher Business platform recorded approximately 14.9 million transactions. The digital document wallet service accounted for the largest share of transactions processed through Absher Individuals, with citizens, residents,…
JERUSALEM — Israel has claimed its special forces captured the head of Hamas’s internal security service in a ground operation in Gaza on Tuesday. Israel’s military and Shin Bet security service said a special forces unit arrested the man in Gaza City on Tuesday and then took him to Israel for questioning. Palestinian media reported that Israeli special forces and Israel-backed Palestinian militiamen opposed to Hamas entered the area, but that their presence was discovered. Some Israeli media suggested that only a local armed militia operated on the ground. A spokesman for Gaza’s Hamas-run government media office, Ismail al-Thawabta, said:…
NetApp®, the Intelligent Data Infrastructure company, recently announced it has been recognised by Gartner as a Leader in the 2026 Gartner Magic Quadrant for Enterprise Storage Platforms, continuing to acknowledge NetApp as a Leader in this market from its inaugural edition of this report in 2025. The evaluation was based on specific criteria that analysed the company’s overall Completeness of Vision and Ability to Execute. Additionally, the 2026 Gartner Critical Capabilities for Enterprise Storage Platforms report ranks NetApp first in the Hybrid Cloud Storage Use Case and second in the Hybrid Platform Services Use Case. NetApp believes this recognition validates…
“Re Source: Riyadh Daily
RIYADH — A resident was arrested by the Criminal Investigation and Research Department of the Riyadh Region Police for making statements during a livestream that were deemed offensive to public morals and religious values and insulting to women. The department said the remarks constituted offenses punishable under the Anti-Cyber Crime Law. The resident was detained, legal procedures were taken against him, and he was referred to the Public Prosecution. Source: Saudi Gazette
RIYADH — Saudi shipping company Bahri confirmed that two Filipino seafarers were killed in a security incident involving its vessel SIDR while transiting the Strait of Hormuz late Monday. Bahri said the incident involving SIDR (IMO No. 9854715) occurred at approximately 11:40 p.m. local time on Aug. 31. “It is with profound sadness that Bahri confirms the loss of two of its Filipino seafarers as a result of the incident,” the company said in a statement. Bahri extended its condolences to the families, loved ones and colleagues of the two seafarers and said it was providing full support to those…
Luma AI recently announced that Luma Agents, its unified AI creative platform, will offer a fully native Arabic-language interface later this year, making it the first-of-its-kind creative intelligence platform in Arabic designed for creative communities in Saudi Arabia and the wider MENA region. Luma Agents currently supports Arabic-language prompting and generates Arabic-language creative outputs. The new update, announced at LEAP 2026 in Riyadh, will localise the total user experience, including navigation, menus, and workflow tools. Arabic will be the first non-English interface language available on Luma Agents, enabling creators across Saudi Arabia and the wider Arabic-speaking world to work in…
The General Secretariat of King Faisal Prize announced today that it welcomes nominations to the 2028 award in its five categories: Service to Islam, Islamic Studies, Arabic Language and Literature, Medicine, and Science. Secretary General of King Faisal Prize Dr. Abdulaziz Alsebail pointed out that this marks a pinnacle in the prize’s long history of 50 years in recognizing and honoring prominent individuals and entities who have enriched humanity with their works. He added that the prize topics for 2028 comprise “The Islamic Heritage in al-Andalus” for Islamic Studies, “Arabic Literature from the Perspective of Comparative Studies” for Arabic Language and Literature,…
DUBAI — Iran has accused the United States of bombing a residetial home hosting a wedding celebration in the southern county of Sirik, killing at least five people, including a child, and wounding more than 60 others. Esmaeil Baghaei, the spokesman for Iran’s Ministry of Foreign Affairs, said the “brutal” attack hit a home in the city of Kuhestak early on Wednesday. “Following a US missile attack, shrapnel hit a residential home in the city of Kuhestak, in Sirik county of Hormozgan province, where a wedding celebration was taking place,” the Iranian Red Crescent said in a post on X.…