At DeepFest, stakeholders are optimistic about the potential to expand, scale, and drive innovation in AI, underscoring Riyadh’s emergence as a key player in the global technology landscape
The fundraising had the participation of Sanabil Investment, a unit of Public Investment Fund, venture capital firm STV, and Salla’s existing shareholders
The Red Sea tensions have spurred cargo delivery disruptions and soaked up excess vessel capacity, raising global shipping costs
The new region will consist of three availability zones at launch, adding to the existing 105 zones across 33 geographic regions globally
The deal, which was first announced last September, represents the company’s first downstream retail investment in South America
The Rubymar went down in the southern Red Sea late on Friday or early on Saturday
The oil demand outlook is uncertain for this year but OPEC expects another year of relatively strong demand growth of 2.25 million bpd
PIF-owned Alat aims to create a world-class manufacturing electronics hub in the heart of Saudi Arabia
Saudi Arabia’s football federation has officially launched its bid to host the 2034 FIFA World Cup
From signing on new clients to displaying its expertise in the green transition, Tech Mahindra made the most of its time in Barcelona
Saudi Arabian real estate developer ROSHN is not only building out entire communities, but also helping to shape key supply chains
The transaction creates a unique opportunity to acquire a large-scale portfolio with a production capacity of 600,000 barrels of oil equivalent per day
In an exclusive interview at Mobile World Congress 2024 in Barcelona, Samer Halawi provides a glimpse into the transformative potential of delpoying Zephyr
OPEC+’s de facto leader Saudi Arabia has said that the cuts could continue past the first quarter if needed
The company said the delay was due to the regulatory framework still being finalised in Saudi Arabia to enable the listing of foreign companies
The auditing company’s latest annual report reveals that 89 per cent of Saudi Arabia’s CEOs expressed confidence in their country’s economic prospects
The deals cover the supply of a range of products comprising strategic commodities, such as instrumentation, and electrical and drilling equipment
This social experiment will reveal a digital replica of a human being that not only mimics their appearance and voice but also engages in conversation
The founder of PIF-backed Professional Fighters League tells us about their MMA event, PFL Champions versus Bellator Champions, and how PFL will help accelerate the MMA ecosystem regionally
The Saudi Cup attracts over 70 international horses from diverse corners of the globe, ranging from Argentina to Japan
Al-Rumayyan’s comments signal that data centres may be a core part of the kingdom’s strategy to capitalise on the booming demand for GenAI technology
Increase in non-cash transactions and strategic initiatives propelled the kingdom’s retail growth
The framework would be a process that is governed and regulated and a catalyst for increasing the free float of listed companies
The kingdom celebrates the occasion with several events, including fireworks and drone shows paying homage to its history
The opening of Bab Samhan marks a significant milestone in Diriyah’s journey towards becoming a premier destination for luxury hospitality
From revolutionising customer interactions to advancing national security, AI holds promise for shaping the future of technology and human interaction
A new JV will build a ‘lighthouse factory’ that will create robots by year-end, according to Brian Rogove, the co-chief of corporate development at Alat.
The state-owned energy firm last tapped global debt markets in 2021, when it raised $6bn from the sale of a three-tranche sukuk
The fund will collaborate with major international studios and provide content that reflects Saudi culture and values
Raffles Trojena, the newest hospitality brand to partner with NEOM Hotel Division, will be located in the Discover cluster