investment

Dream of the Desert: Unveiling Saudi Arabia’s first five-star luxury train

The train features 14 carriages with 34 luxury suites for an exclusive traveler experience

stc secures $8.7 billion contract with government entity for telecom infrastructure services

The contract lasts 18 months for execution, followed by 15 years of operation

NEOM secures $3 billion financing facility with Italy’s SACE to support key projects

Deal marks NEOM's first corporate ECA financing and the largest untied financing ever guaranteed by SACE

Saudi Arabia permits foreign investment in Makkah, Madinah real estate

The ownership of natural and legal persons jointly who do not hold Saudi nationality shall not exceed 49 percent of the company's shares

Saudi Arabia Crown Prince, Italy Prime Minister ink agreement to establish Saudi-Italian Strategic Partnership Council

Saudi-Italian high-level roundtable resulted in the signing of 26 memoranda of understanding across key industries

Abu Dhabi real estate: 125 percent surge in FDI as transactions hit $26.19 billion in 2024

The sector recorded 16,735 sales transactions valued at AED58.5 billion last year

China’s DeepSeek launches open-source AI model, rivals OpenAI-o1

DeepSeek used DeepSeek-V3-Base as the base model and employed GRPO as the RL framework to improve model performance in reasoning

RAKEZ welcomes over 13,000 new companies in 2024, marking impressive 66 percent growth

With this achievement, RAKEZ is now home to nearly 30,000 multinational companies

New UAE housing system enhancements benefit 1,300 citizens with over $272.2 million investment

H.H. Sheikh Mohammed announced efforts to increase beneficiaries and address all pending applications throughout the year

Dubai’s real estate sector attracts 110,000 new investors in 2024

The sector recorded 217,000 investments valued at AED526 billion

Arab Health 2025 kicks off to showcase latest innovations transforming modern healthcare

Event will bring together over 3,800 exhibitors and welcome more than 60,000 visitors