The company reported a decline in profit during the nine months ending Dec.
With the new facility, Farrukh is optimistic about the company capturing more market share in the Kingdom.
“Based on the experience that we have seen from Alphabet’s Waymo in Arizona, the revenue that you will generate from that deployment will be very, very small,” said Raj Rajkumar, professor of electrical and computer engineering at Carnegie Mellon University, referring to a project developed by the parent of Google.
The IEA’s 10-point plan focuses on how to use less oil getting people and goods from A to B, drawing on concrete measures that have already been put to use in a diverse range of countries and cities.
RIYADH: As female executives and entrepreneurs come to the fore in the wake of Saudi Arabia’s recent social reforms, there is a need for ambitious women to network and develop their skills and talents.
Revenue model Playbook’s revenue model is based on subscriptions for both individuals and organizations, with growth fueled by $700,000 of combined pre-seed funding in January of this year from Sanabil 500 Global, Faith Capital, WomenSpark and Strategic Angel Investors.
“We’re proud to support female-founded startups such as Playbook that we believe have the potential to scale regionally and globally,” said Amal Dokhan, partner at 500 Global MENA, a Mountain View, California-based angel fund, upon the announcement of their investment.
“For many countries , the harsh sanctions imposed by the US on Russia have raised questions about the wisdom of transacting in dollars and holding dollar-denominated assets as part of their official reserves,” Jason Tuvey, senior emerging markets economist, at Capital Economics wrote in a note.
RIYADH: The exclusion of key Russian banks from the SWIFT system in the wake of the Russian invasion of Ukraine and reports about the emergence of alternatives developed by Moscow and Beijing has once again ignited a debate about the future of the greenback.
Ronaldo Mouchawar, Amazon vice president for MENA, said the partnership will contribute to providing customers with a wide range of products that are based on the latest technologies and artificial intelligence.