Saudi Arabia

FII8: PIF and Google Cloud to launch global AI hub in Saudi Arabia to support ICT goals, foster tech partnerships

This partnership grants customers access to Google Cloud’s technology, boosting growth and AI delivery 

FII8 conference explores geoeconomics and future investments

Highlighting the need for investment, development support, and strong legal frameworks to attract international investors 

Red Sea Global’s latest luxury resort Shebara to welcome first guests starting November 2024

Shebara’s 73 overwater and beachfront villas shimmer in the bright sunshine, offering guests a one-of-a-kind experience

stc Group inks strategic partnership with Future Investment Initiative Institute, 8th annual conference

stc Group will be participating in the panel session titled 'Is I.T. Infrastructure One-Size-Fits-All?'

Saudi Arabia’s real estate price index rises 2.6 percent in Q3 2024, fueled by residential and commercial growth

The residential sector was the main contributor to this overall increase, experiencing a 1.6 percent annual growth

NEOM opens Sindalah: A new luxury travel destination in the Red Sea

Set to welcome up to 2,400 guests per day by 2028, the unique island will generate around 3,500 jobs

Seamless Saudi Arabia 2024: Mastercard’s new infrastructure aims to support a secure digital payments ecosystem in Kingdom

This infrastructure and tailored services will enable secure, efficient processing of local ecommerce transactions

Saudi Arabia’s Crown Prince Mohammed bin Salman meets King of Jordan to enhance cooperation

The meeting also saw the participation of Crown Prince Al-Hussein bin Abdullah II

Oil prices decline amid rising U.S. inventories, ongoing Middle East tensions

Brent crude futures for December fell 0.4 percent, settling at $75.75 per barre

Global oil demand to reach over 100 million barrels per day by 2050: Saudi Aramco

CEO noted that Asia's energy transition is lagging, marked by less equity and greater complexity than expected 

Seven GCC IPOs raise $1.7 billion in Q3 2024, UAE leads growth with $1.1 billion

Saudi Arabia’s IPO proceeds reached $512 million during the quarter with six offerings