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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Flyadeal is the low-cost arm of Saudia, the flag carrier of Saudi Arabia.
Aviation industry veteran Sanjiv Kapoor has taken over as the chief executive officer of Flyadeal, the low-cost airline owned by Saudi Arabian Airlines, the country’s flag carrier.
In May, Kapoor had joined the Saudia group, as Saudi Arabian Airlines is commonly known, as advisor to Ibrahim Al-Omar, the director general of the group. He had moved from Jet Airways, where he was CEO-designate.
Kapoor, who also had stints at Vistara and SpiceJet, takes over at Flyadeal at a time when the country is investing billions of dollars into its economy as it looks to diversify beyond its mainstay sector, oil. …
The region seems to be hyper-focused on boosting investor confidence in different markets; PIF’s new loan.
Amid an increasing demand for higher education in the Middle East, local universities seem keen to show their mettle.
The artificial intelligence company has signed four deals amid fundraising talks; Aramco buys more of Saudi Arabia’s AI company.
