Chery joins forces with Aimoga to enter smart robot industry

Mornine features a highly biomimetic design, with its face crafted from human-like silicone biomimetic material.
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Updated 25 June 2024
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Chery joins forces with Aimoga to enter smart robot industry

Boston Dynamics is retiring Atlas, the famous iconic bipedal robot in existence. This news has sparked considerable interest within both the tech industry and the general public, raising questions about the future trajectory of robotics technology and potential development directions. 

As a trailblazer in humanoid robotics, Atlas has achieved global recognition for its remarkable mobility and dynamic balance capabilities, setting numerous milestones along the way. 

The retirement of Atlas serves as a microcosm, reflecting the broader development trajectory of the robotics field.

Meanwhile, a bipedal robot with Embodied AI, Mornine, a product of the collaborative efforts between Chery and Aimoga, is poised to make its debut at an upcoming CEO-themed conference.

Mornine is driven by electric motors and runs on battery power, departing from Atlas’ hydraulic system. While it may not match Atlas’s explosive power and performance on tough terrain, Mornine excels in scalability and cost-effectiveness, making it ideal for large-scale production and commercialization. Mornine features a highly biomimetic design, with its face crafted from human-like silicone biomimetic material. 

This material is engineered to deliver lifelike visual effects and tactile sensations. Moreover, Mornine can simulate human oral and facial muscle movements, articulating expressions like speaking, smiling, and opening its mouth convincingly.

Mornine is equipped with large language models that, when integrated with robotics technology, allow it to harness the model’s capabilities in understanding and generating language. This capability enables Mornine to accurately interpret verbal or written commands from humans and translate them into specific action strategies.

Mornine’s versatility spans across a wide spectrum of application scenarios, positioning it to pioneer a new customer ecosystem service system.

Its evolution unfolds through three transformative stages, each introducing groundbreaking features and expanding application horizons in response to technological advancements and evolving societal demands.

During the initial stage, Mornine serves as a proficient information provider and product adviser. For instance, within settings like automotive sales centers or showrooms, Mornine leverages its extensive knowledge base to deliver precise responses to customer inquiries and provide detailed product insights and recommendations via voice or screen interfaces.

Advancing into the second stage, Mornine integrates advanced capabilities such as visual recognition and autonomous navigation. It can autonomously navigate and guide customers to specific product locations, utilizing its dexterous robotic arms for physical demonstrations and operations, and even assisting customers with product handling tasks.

In its third and final developmental stage, Mornine evolves into a comprehensive home assistant, offering a myriad of services in home care scenarios.


Diriyah’s world-class luxury hospitality offerings on show

Updated 09 July 2025
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Diriyah’s world-class luxury hospitality offerings on show

Diriyah Company participated once again in ILTM Asia Pacific 2025, showcasing its premier luxury hospitality offerings for the business and tourism sectors. This year’s ILTM Asia Pacific took place from June 30 to July 3 in Singapore.

Throughout the event, Diriyah Company welcomed and engaged with stakeholders, investors, and travel specialists at its distinctively designed booth.

Across Diriyah and the adjoining Wadi Safar development areas, nearly 40 world-class hotels and resorts are set to welcome tourists and business visitors, including some of Southeast Asia’s most prestigious hospitality names: Anantara, Aman, Capella, Chedi, Raffles, Four Seasons, and Six Senses.

In addition to the 202-room Raffles Hotel Diriyah, which features distinctive architectural designs inspired by Najdi heritage, Diriyah also launched the Raffles Residences Diriyah in November 2024, offering 90 apartments and townhouses, primarily featuring one-, two-, or three-bedroom residences, as well as seven spacious duplex homes. Additionally, the arrival of Capella Diriyah, with its 100 rooms, marks the brand’s first opening in Saudi Arabia, blending local tradition with contemporary luxury.

As the birthplace of Saudi Arabia three centuries ago, Diriyah is home to the beautifully restored At-Turaif UNESCO World Heritage Site, which has welcomed more than 3 million visitors since its opening in December 2022.

Diriyah Company’s participation in ILTM Asia Pacific highlighted its commitment to building new relationships and partnerships that will support its growing portfolio of hotels, restaurants, cafes, and cultural attractions that are designed to elevate Diriyah’s position within the global luxury tourism landscape.

Known as the City of Earth for its traditional mudbrick-inspired Najdi architecture, Diriyah will contribute approximately SR70 billion ($18.6 billion) directly to the Kingdom’s GDP, create nearly 180,000 jobs and will be home to an estimated 100,000 people. It will also include modern office space for tens of thousands of professionals in technology, media, the arts and education, museums, a university, the Royal Diriyah Opera House, the Diriyah arena, world-class hotels, renowned local, global and regional restaurants, a Greg Norman designed championship golf course and the Royal Equestrian and Polo Club — Wadi Safar.

Diriyah is projected to attract up to 50 million visits annually in the future.

ILTM Asia Pacific is a premier event for luxury travel professionals targeting the expanding market beyond China. It offers curated meetings with top travel designers and hospitality brands.


Winners announced for ‘She’s Next in Football’ program

Updated 09 July 2025
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Winners announced for ‘She’s Next in Football’ program

Visa, a global leader in digital payments, has announced the winners of the inaugural “She’s Next in Football” program in Saudi Arabia, held in partnership with Saudi Awwal Bank and AC Milan Women. The initiative spotlights the Kingdom’s most promising women footballers and marks a major step in advancing female talent in sports through mentorship, professional training, and international exposure.

Fatima Alsenan was named the overall winner and will travel to Milan for a two-week “Training with the PRO” experience at the PUMA House of Football, training alongside AC Milan Women’s professional players and coaches. Zainab Alhomidi secured the runner-up position and will enjoy an exclusive VIP visit to AC Milan’s training grounds.

Finalists were evaluated based on their football skills, leadership potential, and dedication to the game. The judging panel included representatives from Visa, SAB, and Saudi football icon Farah Jefry, who also serves as the program’s ambassador.

“Programs like She’s Next in Football show us what’s possible when ambition, talent, and opportunity come together. What sets these young women apart isn’t just what they do. It’s how they think with resilience, focus, and a willingness to grow. That mindset is exactly what She’s Next is all about. Through partnerships with SAB and AC Milan Women, we’re not just creating opportunities, but building ecosystems that empower women to lead, inspire, and shape their communities. It’s a model that works across sectors, and one we’re proud to champion as part of Saudi Arabia’s inclusive growth journey,” said Ali Bailoun, Visa’s regional general manager for Saudi Arabia, Bahrain, and Oman.

Lama Ghazzaoui, chief financial officer at SAB, said: “When women are given meaningful access to opportunity they rise, not only as athletes but as changemakers.” 

This partnership is about more than football, it is about creating a space for growth, confidence and ambition to take root. As the chair of BALANCE, SAB’s employee diversity program, we strive to promote gender diversity in the workplace and the marketplace. We are also dedicated to contributing to a more inclusive future for sports in the Kingdom by supporting initiatives that expand opportunities for training, mentoring, and developing female talent, ultimately transforming it into professional capabilities.”

Elisabet Spina, AC Milan head of women football, said: “At AC Milan, in collaboration with SAB and Visa, we are proud to support these young women and accompany them on their journey of growth, both on and off the pitch. We are very pleased to welcome Fatima Alsenan to the PUMA House of Football, where she will begin a high-level growth journey within a club whose prestige is globally recognized, and in close contact with top-tier professionals.”


Savola Group announces leadership transition

Updated 09 July 2025
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Savola Group announces leadership transition

Savola Group, a strategic investment holding company in the food and retail sectors across the MENA region, has announced a leadership transition to further progress the group’s strategic transformation.

The board of directors accepted the resignation of Waleed Khalid Fatani from his position as CEO of Savola Group. The move is in line with the group’s strategic transformational direction that focuses on the food sector, following a successful tenure marked by major milestones. These include the launch of a SR6 billion ($1.6 billion) rights issue to strengthen the group’s capital position, as well as the distribution of Savola’s entire stake in Almarai to its shareholders.

Meanwhile, Sameh Mahmoud Hassan has been named the new Savola Group CEO based on the recommendation of the Remuneration and Nomination Committee. Hassan currently holds the position of the CEO of Savola Foods Company (a wholly owned subsidiary of Savola Group) since December 2018. He is a seasoned executive in the FMCG and food industries. He will continue to lead Savola Foods in addition to being group CEO.

This leadership change reflects the group’s continued evolution, with Savola Foods at the center of its future growth ambitions.

Sulaiman A.K. Al-Muhaidib, chairman of Savola Group, said: “The appointment of Sameh Hassan marks a new phase in Savola’s journey as we focus our efforts on building a scaled and integrated food platform with regional and global ambitions. On behalf of the board, I thank Fatani for his leadership and contributions. With Hassan at the helm, Savola is well-positioned to accelerate its growth in the food sector while continuing to manage its broader portfolio in a value-maximizing manner.”

Fatani said: “It has been a privilege to lead Savola during this transformative period.” 

I am proud of what we have accomplished together — from the execution of value-enhancing transactions to laying the foundation for the future with Savola Foods at the center of its future growth ambitions. I am confident that Sameh Hassan will continue this momentum and take the group to even greater heights.”

Incoming CEO Hassan said: “It is an honor to take on the role of group CEO at this pivotal time. We will continue to build on Savola’s heritage and strengths, driving sustainable growth in our food platform. I look forward to working closely with the board and our teams to execute this next chapter of our strategy.”


EtonHouse debuts in KSA with two Riyadh campuses

Updated 07 July 2025
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EtonHouse debuts in KSA with two Riyadh campuses

The Singapore-headquartered EtonHouse International Education Group has expanded into Saudi Arabia with the launch of EtonHouse International Education Arabia.

In partnership with the Royal Commission for Riyadh City, it will launch two purpose-built campuses in Granada, Riyadh in September.

The first school is EtonHouse International Pre-School, a Reggio Emilia-inspired bilingual preschool for children aged 18 months to six years, designed to nurture early curiosity through inquiry and play.

The second is a K–12 international school offering a full academic pathway through to IGCSEs and A-Levels, built to support long-term, future-ready learning.

The campuses represent a major milestone in Saudi Arabia’s education transformation, being the first Reggio Emilia-inspired schools, bringing world-renowned pedagogies, bilingual immersion, and community-focused design into a local context deeply aligned with Saudi cultural values and Vision 2030.

EtonHouse’s two new campuses feature thoughtfully curated learning environments inspired by Saudi Arabia’s rich history, culture and landscapes, all rooted in the Reggio Emilia approach in the early years and primary.

At the pre-school, children will explore open-ended, inquiry-driven spaces including a media and light studio, indoor playground, atelier, and piazza designed to foster creativity and collaboration.

At the international school, older students will benefit from expanded facilities that include a swimming pool, a science lab (Living Lab), and an outdoor football field, supporting both academic and physical development.

Examples of EtonHouse’s unique learning spaces include:

• The Elemental Landscape, where children explore desert and oasis environments using microscopes, clay, and digital tools to spark scientific thinking and ecological awareness.

• The Architecture Space, inspired by Saudi heritage, encourages hands-on experimentation with light, shadow, and structure to develop spatial and mathematical understanding.

• The Living Heritage Space, immerses children in local traditions through materials like mineral pigments, cardamom, and saffron, blending culture with creative exploration.

With more than 30 years of experience and 100+ schools globally, EtonHouse is renowned for delivering world-class education grounded in child agency, cultural fluency, and future readiness. The Riyadh campuses will offer internationally recognized programs including the UK International Primary Curriculum, Singapore Mathematics, Cambridge IGCSEs, and International A-Levels, all delivered by native-speaking educators in both English and Arabic. The school will also offer Mandarin as an additional language.

Ng Yi-Xian, group CEO of EtonHouse, said: “Our launch in Riyadh is a natural evolution of EtonHouse’s mission to offer world-class, inquiry-based education rooted in local relevance. Saudi Arabia is investing boldly in its youth, and we are proud to contribute by creating schools that combine global excellence with the cultural values and ambitions of the Kingdom.

These campuses will not just serve students, but inspire a generation of learners who are confident, multilingual, and future-ready.”

In line with EtonHouse’s commitment to whole-child development, both schools will place strong emphasis on emotional well-being, life skills, and personalized learning pathways.

Parents in Riyadh can book a school tour on the group’s website to experience Riyadh’s first EtonHouse campus and register for the 2025/2026 academic year.


STC Bank named Kingdom’s ‘best digital bank’

Updated 07 July 2025
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STC Bank named Kingdom’s ‘best digital bank’

STC Bank has been awarded the title of the “Best Digital Bank in Saudi Arabia” at the second edition of the Best in Business Awards, organized by Inc. Arabia Magazine in Riyadh.

STC Bank started off as a wallet in 2018 and serviced 14 million users before it launched as a full-fledged bank earlier this year. It saw 2 million users shift from its earlier wallet version to its banking version in just three months, witnessing unmatched customer loyalty.

STC Bank’s broader mission since its incorporation has been to build a banking experience that is not only digital and efficient, but also rooted in the behaviors, needs and expectations of Saudi society, and it is through such innovations that it continues to shape the future of financial interaction in Saudi Arabia for a large number of the Kingdom’s tech-savvy and young population.

Today, users across Saudi Arabia are used to the ease that STC Bank has brought about with it and the solutions innovated by the bank continue to see its popularity rise among corporate and retail banking customers across various segments of Saudi society.

The Best in Business awards saw its inaugural edition last year in Dubai before it moved to Riyadh this year. Organized by Inc. Arabia Magazine, a platform that is highly regarded by more than 150 million of its readers who are founders and entrepreneurs across the GCC, the awards highlight and recognize the most successful companies in each field.