Tag: Saudi Arabia

Saudi PMI rises to 57.2 in June as non-oil sector hits 3-month high

Saudi Arabia’s non-oil private sector expanded at its fastest pace in three months in June, supported by rising domestic demand, accelerated hiring, and a...

AI training for 334,000 Saudi citizens completed

A total of 334,000 Saudi Arabia citizens have benefitted from a government program aimed at empowering citizens with artificial intelligence skills, according to the...

Squid Game: How a $21 Million Investment Became a $2 Billion Financial Powerhouse?

The release of "Squid Game" Season 3 in 2025 has once again underscored the powerful economic potential of investing in compelling series content. Netflix’s...

Why tech startups should choose Riyadh as their MENA launchpad

Riyadh is becoming a leading destination for tech startups in the Middle East, fueled by Saudi Arabia’s Vision 2030 reforms, an advanced infrastructure, and...

Saudi Power Procurement Co. signs $458m wind energy deal for Yanbu project

Saudi Power Procurement Co. has signed a power purchase agreement for the 700-megawatt Yanbu Wind Power Project, backed by an investment exceeding SR1.7 billion...

Saudi Arabia pitches $2.5tn mining sector potential to Canadian firms

Canadian companies have been presented with exploration opportunities in Saudi Arabia’s mining sector during a roundtable in Vancouver. Officials from the Kingdom’s Ministry of Industry...

IMF raises Saudi growth forecast to 3.5% for 2025, outstripping global average

The International Monetary Fund has revised up its forecast for Saudi Arabia’s economic growth in 2025, raising it to 3.5 percent from the 3...

Najran’s SAR227 Billion Mineral Wealth Highlighted at Investment Forum

Assistant Minister of Industry and Mineral Resources for Planning and Development Abdullah Alahmari said the estimated value of untapped mineral wealth in Najran Region...

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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)...