Riyadh Air fast tracks digital expansion with Oracle software

Riyadh Air has chosen Tech Mahindra as the implementation partner for this initiative, which will help them evolve as the world’s first digitally native airline.
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Updated 11 February 2024
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Riyadh Air fast tracks digital expansion with Oracle software

Riyadh Air, Saudi Arabia’s new world-class airline, has selected Oracle Fusion Cloud Applications Suite to efficiently manage its core business operations after a competitive bidding process. The services include digitizing finance, supply chain, and human capital management. The implementation will help Riyadh Air develop a modern, scalable, and secure business platform to enable data-driven decision-making, reduce costs, enhance employee engagement, and streamline procurement processes. Riyadh Air has chosen Tech Mahindra as the implementation partner for this initiative, which will help Riyadh Air evolve as the world’s first digitally native airline. Tech Mahindra is a provider of digital transformation, consulting, and business re-engineering services and solutions.

Adam Boukadida, chief financial officer at Riyadh Air, said: “Riyadh Air aims to disrupt the future of air travel and as part of our vision we need to be at the forefront of innovation and technology. A key part of this approach is to partner with world-class experts as we build technical capabilities that enable us to deliver a seamless digital-first experience to our guests.”

Since it launched in March 2023, Riyadh Air has signed several technology and engineering partnerships to enhance Riyadh Air’s offerings, services, and operational models, and set new standards in aviation sustainability and innovation. The airline now has major agreements with Lufthansa Systems, IBM Consulting, Accenture, Swiss AS, CAE, and Microsoft.

“Riyadh Air represents the true ambition, capability, and global outlook of Saudi Arabia. The Kingdom’s aviation sector is rapidly expanding, and Riyadh Air will play a vital role in helping Saudi Arabia achieve its 2030 aviation goals that aim to outpace global growth,” said Reham Al-Musa, vice president — cloud applications, Saudi Arabia, and managing director at Oracle Saudi Arabia. “Riyadh Air represents a major moment for the aviation industry, and with the implementation of Oracle Fusion Applications, the airline is preparing a future-ready digital platform that will help drive rapid growth, nurture a truly connected workforce, prepare a resilient supply chain, and deliver a unique digital experience to the modern-day global traveler.”

Under this initiative, Riyadh Air will deploy Oracle Fusion Cloud Enterprise Resource Planning, Oracle Fusion Cloud Human Capital Management, and Oracle Fusion Cloud Supply Chain and Manufacturing. Oracle Fusion Applications will enable Riyadh Air to take advantage of the cloud and break down organizational silos, standardize processes, and manage finance, supply chain, and HR data on a single integrated platform. With quarterly update cycles, Oracle Fusion Applications provides access to continuous innovation so the airline can make faster and better decisions and outpace change.

“In the era of digitization, industries demand innovative solutions for enhanced efficiency and customer experiences. Tech Mahindra is committed to advancing Saudi Arabia’s digital future by delivering cutting-edge solutions. As a digital transformation leader, we recognize the vital role technology is playing in driving innovation. With extensive experience in implementing Oracle for airlines, we are well-equipped to support Riyadh Air’s digital transformation journey. We look forward to working together to build a future-ready foundation for the airline industry,” said Vikram Nair, president, EMEA business, Tech Mahindra.


Arab Investment launches new corporate identity

Updated 08 February 2026
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Arab Investment launches new corporate identity

The Arab Investment Company has launched its new corporate identity, “Arab Invest,” in a strategic move that reflects its future direction and marks the start of a new chapter in its journey, which began in 1974, as one of the Arab sovereign wealth funds concerned with developing resources and enhancing economic integration among its 16 Arab member states.

The new corporate identity reflects the company’s value system underpinning its investment approach, based on robust governance, sustainability, effective partnerships, and adherence to the highest professional and economic standards, embodying its vision of building high-quality investments aligned with the priorities of the shareholder states.

Saad bin Abdulaziz Al-Khalb, chairman of the board of directors, said: “The launch of the company’s new identity comes within the context of a strategic phase aimed at enhancing clarity of institutional vision and consolidating the company’s position over the long term, in line with shareholders’ aspirations and reflective of the requirements of the coming period.”

He added that the new identity is viewed as a clear translation of a well-considered investment trajectory that reflects depth of experience, strengthens stakeholders’ confidence, and supports the company’s ability to continue serving the interests of the Arab member states.

CEO of Arab Invest Abdullah bin Saleh Bakhraibah said the launch of the new corporate identity represents, in essence, a new chapter in the company’s journey spanning more than 50 years. He noted the particular importance of this step at both the strategic and operational levels, as the new identity reflects a series of institutional transformations the company has undergone in recent years, including achieving the highest financial revenues in its history during 2025.

Bakhraibah added: “The new identity is not merely a visual update for the company; rather, it is a strategic message that expresses an advanced stage of institutional maturity, while simultaneously underscoring the deep historical roots of one of the region’s most established Arab sovereign wealth funds, consolidating its distinguished position and the credibility it enjoys in the Arab investment landscape, enabling it to keep pace with major economic developments and enhancing the company’s readiness to continue growth and expansion in accordance with best-in-class investment practices.”

He also highlighted the company’s distinguished investment efforts since the launch of its new strategy, saying that Arab Invest has recently witnessed notable development in local and global strategic partnerships, to achieve the highest performance standards and institutional operating mechanisms. Bakhraibah emphasized the company’s continued commitment to delivering sustainable investment impact in line with the aspirations of the coming period.