droppGroup (“dropp”) has announced the signing of an industry-first Web3 Technology Memorandum of Understanding with Aramco, to explore how the parties may collaborate together to apply dropp’s proprietary Web3 technology in furtherance of the Kingdom of Saudi Arabia’s “Vision 2030” quality of life program. Through this collaboration, dropp and AramcoRead More…

Terra Drone is the first Asian startup to raise funding from Wa’ed Ventures, the venture capital of the 2nd biggest company in the world by market cap, Aramco Japanese drone and air mobility technology company Terra Drone Corporation has raised $14 million in funding from Wa’ed Ventures, the venture capitalRead More…

Aspen Technology has announced a partnership with Aramco to introduce a unique, integrated modelling and optimization solution that will enable capital intensive industries to achieve practical and economic solutions for Carbon Capture and Utilization (CCU). The new solution is based on technology developed by Aramco collaboratively with the Korea AdvancedRead More…

Honeywell and Aramco have announced the signing of a joint venture (JV) agreement to provide a set of end-to-end business process automation solutions, under the Aramco Namaat Industrial Investments Program. The new JV offerings will leverage Aramco’s Plant.Digital platform (formerly Integrated Manufacturing Operations Management System – iMOMS) as well asRead More…

The ever-destructive Shamoon has returned. This time around, the malware took aim at companies in Saudi Arabia, including the General Authority of Civil Aviation in the Kingdom of Saudi Arabia. We spoke to regional industry experts to get their views on the attacks and ways to keep such attacks atRead More…