Abdul Latif Jameel, Uber sign MoU to transform urban mobility

Hassan Jameel, vice chairman, KSA, Abdul Latif Jameel, and Dara Khosrowshahi, CEO of Uber, sign the MoU in the presence of Minister Saleh Al-Jasser and TGA Acting President Dr. Rumaih Al-Rumaih.
Hassan Jameel, vice chairman, KSA, Abdul Latif Jameel, and Dara Khosrowshahi, CEO of Uber, sign the MoU in the presence of Minister Saleh Al-Jasser and TGA Acting President Dr. Rumaih Al-Rumaih.
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Abdul Latif Jameel, Uber sign MoU to transform urban mobility

Abdul Latif Jameel, Uber sign MoU to transform urban mobility

Abdul Latif Jameel and Uber Technologies have signed an MoU to explore opportunities to build a scalable, next-generation fleet operations platform. In line with the goals of Saudi Vision 2030, the collaboration seeks to enable socioeconomic growth in the Kingdom and create more earning opportunities for Saudi nationals.

The MoU was recently signed during the period in which the Saudi-US Investment Forum was held and the signing ceremony was attended by Minister of Transport and Logistic Services Saleh Al-Jasser and Acting President of the Transport General Authority Dr. Rumaih bin Mohammed Al-Rumaih. The MoU will help accelerate the transformation of urban mobility across Saudi Arabia, including through the deployment of autonomous vehicles. Representing both parties, the MoU was signed by Hassan Jameel, vice chairman, Saudi Arabia, Abdul Latif Jameel, and Dara Khosrowshahi, CEO of Uber.

Autonomous vehicles are pivotal to the future of transportation. Uber is building toward an electric, shared, and autonomous future, already working with 18 leading AV partners globally. Saudi Arabia is primed to be a key destination for urban transformation and the integration of AVs in the ecosystem. Abdul Latif Jameel, in collaboration with Uber, will play a pivotal role in accelerating the deployment of AVs, supporting local fleet operations.

Through their collaboration, the businesses will work closely to build a scalable mobility fleet with the aim of creating 30,000 earning opportunities for Saudi nationals.

With mobility playing a pivotal role in Saudi Arabia’s urban transformation, the MoU addresses current and future opportunities, as well as the needs of drivers, riders, and tourists in line with Vision 2030. By combining Abdul Latif Jameel’s strong operational excellence and local expertise with Uber’s global innovative mobility technology and network, the businesses will support economic diversification, elevating giga-projects, and contributing to the Saudi economy. 

Vice chairman Jameel said: “Our collaboration with Uber reflects a shared vision for a smarter, more accessible, and autonomous mobility future. We are proud to be working with such a renowned technology leader, as we support Saudi Arabia’s Vision 2030 and position the Kingdom as a role model for the future of mobility. Equally important is how this agreement will help empower Saudi youth through the creation of job opportunities, while contributing to the Kingdom’s long-term prosperity.” Jameel also expressed his gratitude to Minister Al-Jasser for attending the MoU signing ceremony. 

Meanwhile, Khosrowshahi said: “Saudi Arabia is a hugely important market to Uber. We’re thrilled to collaborate with Abdul Latif Jameel to advance and accelerate a future of mobility that is electric, shared, and autonomous in the country, while advancing earning opportunities for Saudi nationals. Our goal is to make Uber the best platform for AV technology and continue to introduce both autonomous and human-driven mobility solutions to help people get where they need to go, effortlessly.’’
With Saudi Arabia as the role model, Abdul Latif Jameel and Uber have a long-term ambition to create a cutting-edge standard for the future of mobility and a scalable playbook that can be deployed internationally.


SILZ Company recognized for logistics excellence

SILZ Company recognized for logistics excellence
Updated 26 May 2025
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SILZ Company recognized for logistics excellence

SILZ Company recognized for logistics excellence

The Special Integrated Logistics Zone Company, a developer and operator of special integrated logistics zones in Saudi Arabia, has been honored with two prestigious industry awards, recognizing its achievements in logistics operational efficiency, advanced infrastructure, and technological innovation.  

At the Saudi Logistics Awards 2025, SILZ Company secured top honors in three categories — “Logistics Hub of the Year”, “Logistics Real Estate Company of the Year” and "Logistics Leader of the Year" awarded to Dr. Fadi Al-Buhairan, — underscoring SILZ Company’s commitment to transforming the Kingdom’s logistics landscape and solidifying its position as a global integrated logistics hub, in alignment with Saudi Vision 2030. 

The awards highlight SILZ Company’s success in creating a seamless and efficient operational environment for businesses. The flagship zone, Riyadh Integrated, exemplifies this commitment, offering a comprehensive one-stop shop for tenant services and a direct connection to King Khalid International Airport via a bonded corridor. 

“These awards are a testament to the hard work and dedication of the entire SILZ team,” said Dr. Fadi Al-Buhairan, chief executive of SILZ Company. “We are proud to be recognized for our efforts in building a world-class logistics ecosystem that empowers businesses to thrive. Our focus on cutting-edge technology, advanced infrastructure, ecosystem strength, and strong partnerships is driving unprecedented efficiency and setting new standards for the industry.” 

SILZ Company’s state-of-the-art infrastructure, technology, and its ability to attract leading global companies have been key factors in its success. The company leverages advanced smart systems for cargo tracking, digital documentation, and smart zone management. Its integrated cargo community system streamlines processes and enhances supply chain transparency. 

The awards also acknowledge the strong trust SILZ Company has garnered from key stakeholders, including the Ministry of Transport and Logistics Services; General Authority of Civil Aviation; Zakat, Tax and Customs Authority; Matarat Holding Company; and its tenants. These partnerships are crucial to SILZ Company’s mission of creating a collaborative ecosystem that fosters innovation and drives value chain optimization. 

SILZ Company is committed to continuous improvement and strategic expansion. As it perfects its operational playbook in Riyadh Integrated, the company is already laying the groundwork for future zones, extending its transformative impact across the Kingdom. 

 


East Lane Partners invests in Cloudzlab to boost capabilities across Mideast

East Lane Partners invests in Cloudzlab to boost capabilities across Mideast
Updated 26 May 2025
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East Lane Partners invests in Cloudzlab to boost capabilities across Mideast

East Lane Partners invests in Cloudzlab to boost capabilities across Mideast

East Lane Partners, a private equity firm focused on growth and buyout strategies, has announced an investment in Cloudzlab, a leading Salesforce Summit Partner in the Middle East.

This investment will support Cloudzlab’s regional expansion, enhance its technology delivery capabilities and strengthen its position as a premier Salesforce partner across the region.

Founded in Cairo in 2015 and headquartered in the UAE, Cloudzlab has grown into one of the region’s top Salesforce Partners, having successfully delivered over 200 projects across more than 10 countries.

The company has experienced substantial growth in recent years, with revenue increasing fivefold over the past four years.

This surge has been driven by growing regional demand for Salesforce’s CRM, analytics, and AI-powered cloud solutions among both enterprises and SMEs.

Cloudzlab’s excellence has been recognized through multiple Salesforce Middle East Partner Awards, including: FY21 Rising Star Partner, FY22 & FY23 Overall Partner of the year, FY23 Customer Success Partner and FY24 & FY25 Sales Excellence Partner.

These awards highlight the company’s strong delivery record, client impact, and leadership in the Salesforce ecosystem in the region.

Cloudzlab’s team of over 90 professionals holds more than 350 Salesforce certifications, further demonstrating the company’s technical depth and regional expertise.

The partnership with East Lane Partners will provide Cloudzlab with growth capital and strategic guidance to scale operations, expand talent and capabilities, develop AI-powered solutions and enter new markets.

This includes the opening of a new office in Saudi Arabia with a dedicated local team to meet the Kingdom’s rising demand for cloud solutions.

Cloudzlab’s team plans to grow to over 250 professionals in the coming years.

Tarek Mounib, partner at East Lane Partners, said: “Our investment in Cloudzlab aligns with our strategy of backing market leaders with the potential to become regional and global champions. Cloudzlab’s proven track record, talent, and delivery capabilities make it one of the fastest-growing technology services companies in the region. We’re excited to support them in their next phase of growth and regional leadership.”

Nader Kozman, co-founder and CEO of Cloudzlab, said: “This partnership is a key milestone in our journey. With East Lane Partners’ support, we’re well-positioned to accelerate our growth and realize our vision of becoming the leading Salesforce systems integrator in the region. As we celebrate 10 years of partnership with Salesforce, we remain committed to scaling our impact, advancing our delivery capabilities, and delivering exceptional value to our clients.”


New Mastercard center to combat growing cyberthreats

New Mastercard center to combat growing cyberthreats
Updated 25 May 2025
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New Mastercard center to combat growing cyberthreats

New Mastercard center to combat growing cyberthreats

Mastercard has launched its Cyber Resilience Center, an initiative that brings together key players from the financial sector to foster collaboration and support shared goals in building a secure commerce and payment ecosystem in the Kingdom. This is Mastercard’s first initiative in the Middle East, extending the company’s global network of cyber resilience centers, which includes locations in Europe and the US.

Riyad Bank has joined as the first partner and will collaborate with Mastercard on training programs, risk evaluations, and the adoption of global cybersecurity standards.

The center marks a pivotal milestone in reinforcing the Kingdom’s cybersecurity infrastructure, enabling stronger collaboration to protect its fast-evolving digital economy.

With cyberthreats becoming more sophisticated and persistent, the center will provide a platform to equip organizations with the tools, expertise, and strategies needed to detect, prevent, and respond to risks in real time. It will also serve as a catalyst for expanding local cybersecurity talent and fostering a culture of continuous learning and improvement.

At the heart of the initiative are three core pillars:

•Education and training: supporting the development of local cybersecurity talent by working with financial institutions to introduce certifications in Arabic and host knowledge-sharing sessions.

• Standards and best practices: building trust in the digital ecosystem by setting measurable cybersecurity benchmarks and enabling institutions to track progress through clearly defined improvement targets.

•Risk assessments and readiness: enhancing preparedness through cyber defense exercises, scenario planning, and threat-casting workshops to anticipate and mitigate evolving risks.

Mastercard’s Cyber Resilience Center aligns with the objectives of Saudi Vision 2030, contributing to the Kingdom’s commitment to secure digital transformation, improved public services, and a robust environment for technology-led innovation. Mastercard has invested $10.7 billion in cybersecurity innovation over the last six years, assessing evolving threats, protecting customers and enhancing trust across the digital ecosystem. According to the 2025 Digital Trust Insights Survey, 55 percent of Middle East organizations plan to prioritize digital and technology risk mitigation over the next year, compared to 53 percent globally.

“At Riyad Bank, safeguarding customer trust is central to everything we do. In a rapidly evolving cyberthreat landscape, our collaboration with Mastercard through the Cyber Resilience Center is a testament of our proactive approach to cybersecurity. This partnership enables us to further strengthen our defense frameworks, accelerate the adoption of global best practices of global security, and fortify security in the Kingdom’s financial sector. We remain committed to delivering a secure, seamless, and trusted banking experience for every customer,” said Ibrahim A. Al-Sulobi, SVP, head of cyber and information security department at Riyad Bank.

“We live in an ultra-connected world where cyberthreats are becoming more targeted and complex, even as the need for trust and assurance increases.”  said Adam Jones, EVP, division president, West Arabia, Mastercard.

The launch of the Cyber Resilience Center in Riyadh reflects Mastercard’s commitment to staying ahead of emerging risks and helping our partners do the same. 

We’re proud to work with Riyad Bank to help advance a secure ecosystem in the Kingdom, and ensure that people, businesses, and institutions in Saudi Arabia are protected through world-class capabilities,” said Adam Jones, EVP, division president, West Arabia, Mastercard.

The Cyber Resilience Center will further position Saudi Arabia as a regional leader in digital security and strength, ensuring its financial sector remains a trusted foundation for innovation and long-term economic growth. Mastercard will continue to expand and enhance its cybersecurity capabilities through innovation and acquisitions. Last year, Mastercard acquired Recorded Future, the world’s largest threat intelligence company. The acquisition strengthens trust and enhances security within the digital payment ecosystem.


OSUS invests over SAR 2 billion in flagship "OSUS EYE" Project to transform urban living in Riyadh

OSUS invests over SAR 2 billion in flagship
Updated 25 May 2025
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OSUS invests over SAR 2 billion in flagship "OSUS EYE" Project to transform urban living in Riyadh

OSUS invests over SAR 2 billion in flagship "OSUS EYE" Project to transform urban living in Riyadh

OSUS Real Estate Development Company has officially launched its flagship project “OSUS EYE” — a fully integrated urban destination that brings together elegant residences with contemporary luxury, a world-class Hilton Garden Inn hotel, branded residences tower under the Curio Collection by Hilton brand, premium-grade offices, and retail spaces. Strategically located at the intersection of Takhassusi Road and Abu Bakr Al-Siddiq Road in northern Riyadh, the SR2-billion ($533 million) project extends over gross floor area exceeding 180,000 square meters, embodying the concept of a 10-minute city aligned with the ambitions of Saudi Arabia’s Vision 2030. 

The development features 627 residential units, including apartments and townhouses, designed with modern architectural aesthetics across a dedicated residential area of 82,370 square meters. Additionally, the project allocates 46,854 square meters for commercial offices and retail, offering a contemporary business environment that supports entrepreneurship and investment. To meet the needs of residents and visitors, the project includes multi-story parking facilities totaling 155,400 square meters, ensuring ease of mobility and smooth traffic flow. 

“OSUS EYE” is also home to a variety of recreational amenities, including lush green parks spanning 62,893 square meters, dining venues, cafes, and pedestrian and cycling paths — delivering a comprehensive urban experience that enhances the quality of life in the capital. 

With this project, OSUS reaffirms its commitment to developing sustainable destinations and pioneering smart urban concepts that elevate living, working, and leisure experiences. 

Founded in Riyadh in 2006, OSUS has established itself as a leading real estate developer, delivering high-impact projects across residential, commercial, and hospitality sectors. The company has developed a robust portfolio of 54 projects, including vibrant residential neighborhoods, modern office spaces, and urban landmarks that contribute to the transformation of Saudi Arabia’s real estate sector, underscoring its clear strategic vision and excellence in execution. 


SAS showcases future of AI-powered policing

SAS showcases future of AI-powered policing
Updated 24 May 2025
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SAS showcases future of AI-powered policing

SAS showcases future of AI-powered policing

SAS, a global leader in data and AI, demonstrated its transformative capabilities for modern law enforcement and public safety at the World Police Summit 2025, held in Dubai from May 13–15. At the event, SAS highlighted how data-driven intelligence is enabling safer cities, smarter policing, and greater public trust through solutions in AI, machine learning, and advanced analytics.

The SAS booth featured immersive, real-time demonstrations of its latest innovations, including autonomous AI agents, digital twins, AI co-pilots, and trusted AI governance frameworks. These technologies are being actively applied to critical areas such as organized crime detection, child protection, financial crime investigation, narcotics enforcement, and digital forensics.

Michel Ghorayeb, managing director of SAS UAE, emphasized the urgency and opportunity for agencies to modernize, saying: “As the world evolves, crime is becoming more sophisticated, data more abundant, and threats more versatile than ever. No agency can face this complexity alone. Collaboration powered by AI and intelligent decisioning is now essential to predict, detect, and respond with precision. These technologies empower officers to stay ahead of evolving threats and deliver safer outcomes. In today’s landscape, technology is no longer optional, it has become the foundation of modern policing.”

At the World Police Summit, Mohamed Mysara, public sector principal business solutions manager at SAS, showcased how AI and agentic intelligence are redefining the aviation landscape.

Mysara highlighted real-world use cases where SAS enables airports and authorities to move from reactive to autonomous operations, from early warning and risk detection to real-time resource reallocation and cross-agency coordination.

He demonstrated how agentic AI not only delivers role-specific intelligence, but also takes proactive action, reallocating gates and resources during flight delays or unforeseen circumstances, alerting third-party vendors, mobilizing and optimizing staffing

SAS has a long-standing commitment to empowering public sector organizations in the Middle East and beyond. In the UAE, SAS has contributed to impactful initiatives including cooperation with Dubai Police, Emirates Health Services, Abu Dhabi Early Childhood Authority.

With AI adoption accelerating globally, SAS is at the forefront of data innovation for law enforcement. By combining domain expertise, advanced analytics, and trusted governance, SAS is enabling agencies to act faster, smarter, and with greater confidence.