PSM News & Events

HONOR sets sights on Saudi Arabia's business market with AI-led push

25/6/2026 - 9:13 AM

When HONOR chose Riyadh to launch its Magic V6 foldable, it used the occasion to signal something bigger. Alongside the device reveal, the company unveiled an ambitious B2B strategy aimed squarely at .....

Google co-founder Sergey Brin offloads massive stake in NYC real estate for pennies on the dollar

1/7/2026 - 6:40 PM

Prior to the rent freeze for rent stabilized units being enacted in New York City, Sergey Brin sold his stake in apartment buildings for pennies on the dollar......

OMODA & JAECOO advances safety-first intelligent parking development for Gulf drivers

6/7/2026 - 10:22 AM

A recent online video showing a camouflaged vehicle completing an intelligent parking maneuver in an open-air Dubai parking environment has sparked discussion across the region’s automotive and tech.....

Refad continues developing Miraf District, one of the most prominent mixed-use projects in Khobar

19/7/2026 - 7:30 AM

Refad Real Estate Investment and Development Company continues to develop the mixed-use Miraf District project in Khobar, with construction phases proceeding according to schedule, in preparation for .....

Saudi Awwal Bank wins two global banking awards, reinforcing its leadership in banking innovation

15/7/2026 - 11:04 AM

Saudi Awwal Bank, one of the leading banks in the Kingdom of Saudi Arabia, has strengthened its position as an innovation leader after winning two accolades at the Global Banking & Finance Review .....

iCAUR opens its first Saudi showroom in AlKhobar, with 100% spare parts availability.

29/6/2026 - 10:59 AM

iCAUR recently officially opened its first showroom in the Kingdom, located at Al Khobar Front Yard in Khobar. The facility's launch marks a new chapter in iCAUR's localization journey, providing a di.....

SAP highlights priorities for Saudi organizations scaling AI

15/7/2026 - 9:00 AM

As organizations across Saudi Arabia move from AI pilots to broader deployment, SAP believes the next phase of adoption will be defined not by access to AI models alone, but by how effectively intelli.....

Dr. Soliman Fakeeh Hospital performs private sector's first stem cell transplant in Saudi Arabia

6/7/2026 - 12:53 PM

Dr. Soliman Fakeeh Hospital in Jeddah has achieved a new medical milestone by successfully performing the first autologous stem cell transplant in Saudi Arabia’s private healthcare sector for a 55-y.....

Saudia launches direct Riyadh-Tokyo flights from November

16/7/2026 - 1:10 PM

JEDDAH — Saudia has announced the launch of direct flights between Riyadh and Tokyo, expanding its international network with three weekly services beginning in November 2026.The Kingdom's national .....

California wealth charts a quieter path to Florida as Gulf Coast enters multibillion-dollar boom

20/7/2026 - 10:00 AM

Tech IPO millionaires and longtime California families are trading homelessness and high taxes for Gulf Coast Florida's quieter luxury communities......

"You Spoke. We Moved." ecec unveils reimagined Cairo engineering hub

9/7/2026 - 9:58 AM

There are decisions that get made in spreadsheets. And there are decisions that get made because people spoke, were heard, and the right response was obvious.ecec's relocation and complete transformat.....

Fakeeh College for Medical Sciences receives prestigious global ASPIRE-to-Excellence Award in curriculum development

28/6/2026 - 2:25 PM

Fakeeh College for Medical Sciences is proud to announce that its Bachelor of Medicine and Bachelor of Surgery (MBBS) program has been awarded the most prestigious 2026 ASPIRE-to-Excellence Award in c.....

LEORON Institute strengthens Saudi Arabia’s leadership with two senior appointments

28/6/2026 - 6:05 AM

LEORON Institute, the EMEA region’s leading corporate training and EdTech provider, today announced two senior leadership appointments in the Kingdom of Saudi Arabia: Mariana Ignatov as CEO, KSA, an.....

Lay's blends global World Cup spirit with Saudi football passion

20/7/2026 - 3:11 PM

As the official snack partner of the FIFA World Cup 2026, Lay's is bringing the excitement of the tournament closer to Saudi fans through locally inspired flavors, Saudi football stars, and community-.....

Christopher Aleo expands Middle East investments as iSwiss hedge fund backs major luxury resort development in Oman

24/6/2026 - 10:33 AM

As the Gulf region continues to diversify its economies through tourism, hospitality and real estate development, international investors are increasingly turning their attention to Oman, a country wi.....

Cyber resilience is a leadership discipline for Saudi Arabia’s digital economy

6/7/2026 - 12:47 PM

Saudi Arabia’s transformation is moving at a pace that is difficult to appreciate from a distance. Across the Kingdom, organizations are digitizing services, adopting AI, modernizing infrastructure,.....

From Classroom to Career: How iMile is developing Saudi logistics talent

24/6/2026 - 3:16 PM

In May, a new group of young Saudi professionals reached an important milestone in Riyadh after completing a year-long joint development program delivered by iMile and the Saudi Logistics Academy (SLA.....

Silicon Valley elite shift record wealth to build Florida's new 'tech capital'

1/7/2026 - 12:27 PM

Billionaire Peter Thiel's historic Miami office lease highlights how tax savings and quality of life drive corporate relocations to Florida......

CMA compensates over 20,000 investors affected by Al Kathiri, Anaam violations

29/6/2026 - 1:21 PM

RIYADH — The Capital Market Authority (CMA) announced on Monday that compensation has been deposited for more than 20,000 investors affected by violations committed in the shares of Al Kathiri Holdi.....

A strategic partnership to advance dermatology care in Saudi Arabia

14/7/2026 - 4:31 PM

The Saudi Society of Dermatology and Dermatologic Surgery (SSDDS) and Genpharm have signed a Memorandum of Understanding (MoU) to strengthen scientific collaboration, advance medical education, and ra.....