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Saudi Arabia set to become global leader in cloud space, says expert

Saudi Arabia set to become global leader in cloud space, says expert DUBAI, February 13, 2021 Saudi Arabia is poised to become a global leader in the cloud space, said an industry expert, ahead of World Cloud Show (WCS), one of the world s biggest and elite cloud show series.     Having hosted multiple high-level conferences across the globe, WCS has a reputation of getting global experts, investors, and cloud entrepreneurs all under one roof consistently, edition after edition.     With Oracle as the headline sponsor and Darktrace as the lead sponsor, the show will feature keynotes from thought-leaders and industry experts, private networking sessions, secure audio-visual meetings, private meetings and more.

Saudi Arabia set to become the next cloud computing hub as major leaders share their vision at World Cloud Show

Saudi s Arabian Centres approves $63 33mln dividends for H1

Arabian Centres to distribute $63m cash dividends for H1

Arabian Centres to distribute $63m cash dividends for H1 RIYADH, December 30, 2020 Arabian Centres Company (ACC), a leading owner, operator and developer of contemporary lifestyle centres in Saudi Arabia, has announced that its board has recommended the distribution of cash dividends worth SR237.5 million ($63.2 million) to shareholders for the first half ended September 30, 2020.     According to ACC, the eligibility of dividend shall be for the shareholders at the close of trading on January 4, 2021, who are registered in the register of The Securities Depository Center Company at the end of the second trading day following the eligibility date.   Each of eligible 475 million shares will be entitled to a dividend of SR0.50, with the percentage of dividend to the share par value hitting 5%, said the company in its filing to the Saudi bourse Tadawul.

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