Tag: Saudi Arabia

NEOM Hosts Global Contractor Forum to Shape Future Projects

NEOM, the sustainable development taking shape in the northwest of Saudi Arabia, brought together over 100 of the world’s leading construction companies for a...

Robust economy, reforms to drive GCC M&A activity in 2024

Strong economic fundamentals, pro-investor business regulations and the wider government transformation agenda will continue to support deal-making prospects in 2024 in the region, in...

Dahua Middle East inks joint venture with Saudi tech firm Alat

Dahua Technology Middle East, a leading provider of video-centric AIoT solutions, has announced its strategic collaboration – a new joint venture – with Saudi...

Dairy firm Almarai to invest over $4.8 billion under five-year plan

The Middle East’s biggest dairy firm Almarai plans to spend over 18 billion riyals ($4.8 billion) through 2028 under a new plan aimed at...

Faisal Alibrahim to Chair National Infrastructure Fund

The National Development Fund's Board of Directors -- under the chairmanship of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince...

Fitch affirms Saudi Arabia’s rating at ‘A+’ with stable outlook

Fitch Ratings said Monday that it affirmed Saudi Arabia's long-term foreign-currency issuer default rating at 'A+' with a stable outlook. The rating agency said Saudi...

Saudi Arabia cuts production to propel prices, revealing strategy over supply

Saudi Arabia's decision to cut its production capacity by one million barrels per day (bpd) has made a vast impact on global markets but...

HRH Crown Prince Launches ‘Alat’ to Contribute in Making Saudi Arabia a Global Hub for Electronics and Advanced Industries

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince, Prime Minister of the Kingdom of Saudi Arabia and Chairman of the...

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Emirati startup founders unveil AI-powered innovations at Hub71 Impact 2026

Emirati startup founders showcased AI-powered and advanced technology solutions...

Groww and Zerodha AMCs post nearly 3x growth in AUM over last year

Entry of discount broking firms -- Groww and Zerodha...

Apple launches AI-powered Siri upgrade

Apple has launched an artificial intelligence-powered version of its...

Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...