Saudi Arabia

LEAP 2024: Ericsson, Mobily boost digital transformation with AI-powered managed services

The two companies extended the managed services partnership for another three years

LEAP 2024: Ericsson and ACES partner to revolutionize indoor 5G connectivity in Saudi Arabia

The deal aims to create a neutral host ecosystem, allowing service providers to share infrastructure

LEAP 2024: Saudi Arabia bolsters tech hub leadership with $888 million in deals

Investment funds and funding rounds to support innovation and tech entrepreneurship

Trade volume between Saudi Arabia, GCC countries surpasses $14.82 billion in Q4 2023

This reflects a significant increase of $1.69 billion compared to 2022

Qiddiya: New details revealed about Saudi Arabia’s F1 track

The new track will feature a 108-meter elevation difference across its 21 corners

LEAP 2024: Saudi Arabia launches $120 million in venture funds to boost gaming, esports sector

The funds seek to promote local content development and drive industry impact in line with Vision 2030

Saudi Arabia launches $11.2 billion tourism initiative, aims for 120,000 jobs

The new program aims to boost business and attract local and international investors

LEAP 2024: Cisco to establish new regional HQ in Riyadh

The company also extended its country digitization program to support digital transformation

LEAP 2024: Saudi Ministry of Media forges 4 agreements with global entities

The deals aim to develop training programs for media workers, focusing on AI and other technical fields

Saudi Arabia’s non-oil sector activity rises at the quickest rate in five months

Riyad Bank PMI shows encouraging signs despite lingering competitive pressures

LEAP 2024: KACST inks 13 partnership agreements to build semiconductor system

The deals also aims to establish centers of excellence for emerging technologies and future communications

Saudi Arabia-Brazil business forum explores boosting partnerships

Bilateral trade between the two countries has reached $8 billion

Second phase of Saudization of licensed aviation professions launched

This phase will focus on pilots and flight attendants

Over 350 international investors to establish regional headquarters in Saudi Arabia 

The minister highlighted a tenfold increase in international investment licenses in the Kingdom

45 percent of tourism sector employees in Saudi Arabia are women, says vice tourism minister

A total of 925,000 individuals are currently employed in the tourism sector

Saudi Arabia’s Tourism Development Fund set to transform Riyadh’s downtown

Collaboration marks a milestone in Riyadh's evolution in line with Vision 2030

With $2.5 trillion in mineral resources, Saudi Arabia set to become global mining hub

Saudi Arabia's Vision 2030 serves as the driving force behind the nation's strategic endeavors in the mining industry

ACWA Power net profit soars 8 percent to $443 million in 2023

The company’s board approved a dividend payment of SAR 329.0 million for 2023, payable in 2024

Riyadh Air, Adobe partner to deliver personalized AI-driven travel experiences

Adobe's Experience Cloud to power airline's vision of personalized travel journeys

Red Sea National Academy launched to train next generation of tourism leaders

The academy aims to train 10,000 participants by 2030

Saudi Arabia launches strategy and academy to develop human capabilities in industry, mining

The new academy will offer direct training programs for professionals and graduates