黑料社区

Nesma & Partners acquires Al-Yusr Contracting Company

Nesma & Partners acquires Al-Yusr Contracting Company
This investment positions Nesma and Partners as the leading integrated industrial services platform, enhancing its capabilities across the energy, infrastructure, and industrial sectors.
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Updated 6 min 9 sec ago

Nesma & Partners acquires Al-Yusr Contracting Company

Nesma & Partners acquires Al-Yusr Contracting Company

Nesma and Partners, an integrated projects solutions company in 黑料社区, has announced the successful completion of its acquisition of Al-Yusr Industrial Contracting Company, a prominent provider of industrial services in the Kingdom.

This strategic investment positions Nesma and Partners as a leading integrated industrial services platform, enhancing its capabilities across the energy, infrastructure, and industrial sectors in alignment with 黑料社区鈥檚 Vision 2030 development objectives.

AYTB will continue to operate as an independent company within the Nesma and Partners Group, preserving its organizational structure, brand, and operational autonomy. This acquisition enhances both companies鈥 capacity to deliver high-value project solutions across the whole asset lifecycle 鈥 from consulting, engineering, construction, and commissioning to operations, maintenance, and upgrades.

鈥淲e are proud to welcome AYTB into the Nesma and Partners family,鈥 said Samer Abdul Samad, chief executive of Nesma and Partners and newly appointed chairman of AYTB. 鈥淎YTB has built a remarkable legacy of performance, particularly in operations and maintenance and plant industrial services. This partnership is based on mutual respect, complementary strengths, and a shared commitment to operational excellence.鈥

As part of this transition, Cristiano Tortelli has been appointed as chief executive of AYTB. Tortelli brings more than 30 years of global experience in energy and industrial services and has been actively involved in the transaction from its early stages. His leadership will support AYTB鈥檚 next phase of growth while maintaining continuity across all operations.

鈥淚 am honored to join AYTB as CEO at this exciting moment,鈥 he said. 鈥淭ogether with the leadership team and the skilled workforce across AYTB, we will strengthen what has already been built, grow with confidence, and deliver sustainable value to our clients and stakeholders.鈥

AYTB is a leading Saudi, multi-disciplinary industrial contracting company providing a range of services and solutions to oil and gas, petrochemical, power generation and other major industrial sectors of 黑料社区. Boasting more than 40 years of experience in the fields of plant project services, manufacturing, industrial services, operations and maintenance, and housing and catering, AYTB has more than 6,000 employees.

Meanwhile, Nesma and Partners has grown its footprint both locally through its contracting and industrial services and globally through its wholly owned subsidiary, Kent, a leader in engineering and project management services.


Zain KSA and Cisco to develop AI infrastructure

Zain KSA and Cisco to develop AI infrastructure
Updated 16 July 2025

Zain KSA and Cisco to develop AI infrastructure

Zain KSA and Cisco to develop AI infrastructure
  • The MoU is part of Zain KSA鈥檚 strategy to actively align with 黑料社区鈥檚 Vision 2030 goals by driving digital transformation and positioning the Kingdom as a global digital innovation hub, particularly in the AI space

Zain KSA, a provider of telecommunications and digital services in 黑料社区, has signed a memorandum of understanding with Cisco, a global leader in networking and security, focusing on the development of cutting-edge AI infrastructure and GPU-as-a-service.
The agreement will leverage Cisco鈥檚 advanced, end-to-end infrastructure solutions for securely building and scaling AI workloads, supporting Zain KSA in delivering high-performance, resilient, and reliable GPU-powered services to the Saudi market.
The MoU is part of Zain KSA鈥檚 strategy to actively align with 黑料社区鈥檚 Vision 2030 goals by driving digital transformation and positioning the Kingdom as a global digital innovation hub, particularly in the AI space.

HIGHLIGHT

The MoU also includes exploring opportunities for training programs to upskil local talent, in line with Zain KSA鈥檚 commitment to ICT skills development.

As part of the collaboration, Zain KSA will leverage its deep market knowledge, cutting-edge digital capabilities, and targeted investments alongside Cisco鈥檚 global expertise in AI-ready infrastructure development. The initiative will create new solutions and commercial models to enable customers across various sectors to confidently and easily adopt AI solutions.
The MoU also includes exploring opportunities for training programs to upskil local talent, in line with Zain KSA鈥檚 commitment to ICT skills development to support long-term national AI capabilities.
Fahad Sahmi Al-Sahmah, vice president of B2B sales, Zain KSA, said: 鈥淎t Zain KSA, we are mobilizing all our capabilities and investments to drive nationwide digital innovation, positioning the Kingdom as a global hub, a digital economy powered by future-looking GenAI solutions and applications. These efforts aim to empower all stakeholders, including government entities, businesses, and individuals, to harness the boundless potential of AI in support of national goals. This strategic collaboration with Cisco, positions us well to explore, develop, and innovate use cases, as we continue building a resilient, integrated and agile digital ecosystem that can embrace next-gen technologies and deploy them in the Kingdom.鈥
Zayan Sadek, managing director for service providers at Cisco Middle East, T眉rkiye and Africa, said: 鈥淐isco is excited to collaborate with Zain KSA to pave the way for a transformative AI-powered future in 黑料社区. By combining Zain KSA鈥檚 digital expertise with Cisco鈥檚 cutting-edge AI infrastructure technologies, we aim to unlock new possibilities to empower businesses to thrive in the AI era and position 黑料社区 as a global hub for advanced technologies.鈥

 


New partnership empowers businesses with flexible payment solutions

New partnership empowers businesses with flexible payment solutions
Updated 16 July 2025

New partnership empowers businesses with flexible payment solutions

New partnership empowers businesses with flexible payment solutions
  • Amazon Payment Services already offers a range of BNPL services and credit card installment options in partnership with more than 25 banks across the Kingdom, UAE, Egypt, and Jordan, allowing customers to split payments over terms of up to 36 months

Amazon Payment Services, a regional leader in digital payments across the Middle East and North Africa, has added Tamara, a leading 鈥渂uy now, pay later鈥 provider in the GCC, to its expanding suite of flexible payment options. As a new split payments partner, Tamara enables businesses in 黑料社区 and the UAE to offer seamless, flexible payment experiences to their customers.  
The partnership comes at a time when consumers are increasingly seeking payment methods that deliver both flexibility and transparency. With BNPL demand on the rise across the region, Tamara鈥檚 inclusion in the Amazon Payment Services portfolio is a timely move to meet these growing consumer expectations and enhance the overall customer journey.
With BNPL adoption accelerating, industries such as airlines, e-commerce, healthcare, insurance, education, fashion, and lifestyle stand to benefit from Tamara鈥檚 Shariah-compliant flexible payment solutions. With Tamara, customers can split their payments into four equal installments 鈥 a feature designed to boost sales, reduce cart abandonment, and enhance customer satisfaction. Merchants, in turn, will benefit from larger basket sizes, improved conversion rates, and an enhanced shopping experience for their customers.
Peter George, managing director of Amazon Payment Services MENA, said: 鈥淎s more consumers across the region look for affordable ways to manage their purchases, BNPL solutions are becoming more and more indispensable for merchants. Partnering up with Tamara, a leading split payments provider, was a natural next step in our commitment to empowering diverse businesses as they navigate today鈥檚 digital payments space. With this expansion of our offering, we are thrilled to unlock new revenue streams for businesses, help them deliver more value to their customers, and ultimately grow their online business.鈥
Sami Louali, EVP and chief revenue officer at Tamara, added: 鈥淎t Tamara, we鈥檙e focused on creating a payment experience that benefits both businesses and consumers. Partnering with Amazon Payment Services allows us to expand our reach across the UAE and 黑料社区 鈥 supporting business growth and delivering a hassle-free, flexible payment solution for consumers. This partnership marks an exciting milestone in our mission to meet the changing needs of merchants and their customers while driving loyalty and sales.鈥
Amazon Payment Services already offers a range of BNPL services and credit card installment options in partnership with more than 25 banks across the Kingdom, UAE, Egypt, and Jordan, allowing customers to split payments over terms of up to 36 months. With Tamara鈥檚 inclusion, Amazon Payment Services can now cater to a wider audience, including customers who prefer to use either debit or credit cards.
This partnership ensures that merchants in the Kingdom and UAE have the tools they need to offer a seamless, flexible payment experience to their customers. With a single integration, businesses gain access to a wide range of payment options, advanced reporting dashboards, and streamlined reconciliation processes, keeping them ahead of the curve in the fast-paced digital payments landscape.

 

 


Spotify named official audio streaming partner for Esports World Cup 2025

This March 20, 2018, file photo shows the Spotify app on an iPad in Baltimore. (AP)
This March 20, 2018, file photo shows the Spotify app on an iPad in Baltimore. (AP)
Updated 16 July 2025

Spotify named official audio streaming partner for Esports World Cup 2025

This March 20, 2018, file photo shows the Spotify app on an iPad in Baltimore. (AP)
  • 鈥淥n Spotify, we鈥檝e seen firsthand how music and gaming come together to create powerful, immersive moments

The Esports World Cup Foundation has announced a partnership with Spotify, the world鈥檚 most popular audio streaming subscription service, as the official audio streaming partner for the Esports World Cup 2025. The collaboration will bring fans an immersive audio experience throughout the world鈥檚 largest esports and gaming event 鈥 powered by Spotify鈥檚 library of more than 100 million tracks.

We鈥檙e thrilled to partner with the Esports World Cup, a global event that shares our passion for music, fandom, and culture, says Akshat Harbola, Managing Director for MENAP, Spotify

As part of the partnership, Spotify will launch the EWC Music Hub, featuring official tournament anthems that form part of the EWC music identity, along with Spotify-curated gaming playlists designed to elevate the in-game and fan experience. The partnership also includes artist collaborations and on-site content creation with EWC creators and fans to deepen the personal connection between sound and gameplay.
Music will take center stage at EWC 2025. Earlier this month, the Esports World Cup Foundation announced that global icon Post Malone will headline the opening ceremony on July 10. The event will also include the live debut of 鈥淭il My Fingers Bleed,鈥 performed by Dino of Seventeen, Duckwrth, and Telle Smith of The Word Alive, alongside appearances by Grammy-nominated producer Alesso and renowned cellist Tina Guo.
鈥淥ur partnership with Spotify extends the Esports World Cup experience beyond the arena, inviting fans into the heart of the tournament through music and sound,鈥 said Mohammed Al-Nimer, chief commercial officer at the Esports World Cup Foundation. 鈥淭his partnership brings our EWC Music vision to life: blending original music, global artists, and fan-driven playlists to create deeper connections with audiences and celebrate our unique ecosystem.鈥
鈥淲e鈥檙e thrilled to partner with the Esports World Cup, a global event that shares our passion for music, fandom, and culture,鈥 said Akshat Harbola, Spotify鈥檚 managing director for MENAP.

鈥淥n Spotify, we鈥檝e seen firsthand how music and gaming come together to create powerful, immersive moments. In fact, 黑料社区 has the highest share of music streamed via gaming consoles on our platform globally 鈥 a clear signal that music is a core part of the gaming experience here.
鈥淭ogether, we鈥檙e creating iconic experiences and content that inspire and elevate the gaming community.鈥
Returning to Riyadh, from July 7 to Aug. 24, the Esports World Cup Festival will unite gaming and esports communities for a global celebration of gaming and esports culture. With esports tournaments, live music, retro arcades, anime cafes, cosplay, creator studios, and more, the EWC Festival will offer millions of fans exclusive experiences celebrating their love of the game.
The EWC 2025 will feature 2,000 elite players and 200 clubs from more than 100 countries, competing in 25 tournaments across 24 games for a record-breaking $70+ million prize pool. 

 


Aster Sanad Hospital supports Saudi talent

Aster Sanad Hospital supports Saudi talent
Updated 14 July 2025

Aster Sanad Hospital supports Saudi talent

Aster Sanad Hospital supports Saudi talent

Aster Sanad Hospital, a healthcare institution under the Aster DM Healthcare Group, participated as an official sponsor in the Career Expo Day hosted by Prince Sultan bin Abdulaziz College for Emergency Medical Services in Riyadh. The move reflects the hospital鈥檚 commitment to supporting Saudization efforts, attracting local talent, and investing in the future of the Kingdom鈥檚 healthcare sector, in line with Saudi Vision 2030 goals.

The event brought together a promising generation of graduates in the field of emergency medical services, and served as a dynamic platform for interaction, knowledge exchange, and exploring professional opportunities.

During the event, the Aster Sanad team actively engaged with Saudi graduates and received a significant number of resumes from ambitious young professionals aspiring to begin their careers in the healthcare sector. The hospital team also provided an overview of its workplace culture, professional development programs, training opportunities, and future career pathways.

鈥淲e were truly inspired by the level of knowledge, motivation, and professionalism we witnessed among the students,鈥 said Falah Al-Sharari, head of human resources at Aster DM Hospitals and Clinics 鈥 黑料社区. 鈥淭hese future healthcare professionals reflect the great potential of Saudi talent, and we look forward to welcoming some of them into our team as we continue to grow and strengthen our presence in the Kingdom.鈥

Al-Sharari also expressed his appreciation for Prince Sultan college for organizing the event, underscoring the importance of strengthening collaboration between academic institutions and healthcare providers across the Kingdom.

Such partnerships play a key role in preparing qualified professionals capable of meeting the evolving needs of the sector, he said.


FlyNow eCopters to take flight in 黑料社区 soon

FlyNow eCopters to take flight in 黑料社区 soon
Updated 14 July 2025

FlyNow eCopters to take flight in 黑料社区 soon

FlyNow eCopters to take flight in 黑料社区 soon

In a major step toward integrating flying taxis into daily transportation, 黑料社区 is all set to produce thousands of eCopters, FlyNow Aviation鈥檚 electric air vehicles, all of which will carry the 鈥淪audi Made鈥 label, according to FlyNow Aviation鈥檚 Co-founder and Chief Operating Officer Yvonne Winter.

The Austria-based FlyNow Aviation is working to set up the assembly plant and will start the production of the cargo version in 2027. Officially, FlyNow鈥檚 eCopters are expected to transport the public during Riyadh Expo 2030.

鈥淎dditionally, test operations (sandbox flights) are planned for 2025 in 黑料社区 to adapt the technology to local conditions,鈥 Winter told Arab News.

Speaking about the future of mobility in 黑料社区, she said: 鈥満诹仙缜 is not only transforming its economy 鈥 it is shaping the future of mobility for the entire world.鈥

She added: 鈥淯nder the leadership of Crown Prince Mohammed bin Salman and Vision 2030, the Kingdom is proving that bold ideas, advanced technology, and national pride can work hand in hand. We are honored to be part of this historic journey and proud to contribute to building Saudi-made solutions for global air mobility.鈥

In May 2024, FlyNow Aviation signed a memorandum of understanding with the General Authority of Civil Aviation, the National Industrial Development Center, and the Sky Alliance for Automated Air Mobility.

鈥淭he cooperation aims to support the development of electric air mobility in 黑料社区, including regulations, airspace integration, vertiport infrastructure, and operational guidelines for unmanned air taxis,鈥 Winter explained.

In late 2024, FlyNow Aviation established a new company, FlyNow Arabia Ltd., in Riyadh, as part of its expansion strategy. The company plans to set up local production facilities to serve both domestic and international markets.

FlyNow is an alumnus of the Destination Deep Tech program at the King Abdullah University of Science and Technology, and Winter has been invited to share insights with the participants of the follow-up program called KAUST ScaleX, which has been designed to support innovative global tech startups in expanding their operations into the Kingdom鈥檚 market.

Recently, Flynow achieved a significant milestone in the development of its modular eCopter family: the first untethered test flights were successfully completed at the newly secured testing site in Eastern Austria. This location enables unrestricted flight operations and accelerates its technical progress.