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SAL Saudi Logistics Services Company has signed a lease agreement for 1.57 million square metres (sqm) of land in Falcon City, north of Riyadh, to develop a new logistics zone. The total estimated inv ... -
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Aluminium Products Company (ALUPCO), an aluminum extrusion producer in Saudi Arabia and Asia Aluminum Group (AAG), a Hong Kong aluminum extrusion manufacturer, have signed an agreement to build the la ... -
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RIYADH: Saudi Arabia’s national shipping carrier Bahri has ordered six Ultramax bulk carriers from International Maritime Industries, marking the Kingdom’s first large-scale commercial vessel project. ... -
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The new World Robotics 2025 statistics on industrial robots showed 542,076 robots installed in 2024 - more than double the number 10 years ago. Annual installations topped 500,000 units for the fourth ... -
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JEDDAH: Saudi Arabia’s green hydrogen sector is set to receive a boost with the development of an advanced electrode manufacturing facility at King Salman Energy Park, underscoring the Kingdom’s drive ... -
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Artificial intelligence (AI) is expected to contribute $19.9 trillion to the global economy by 2030, said Dr. Esam bin Abdullah Alwagait, director of Saudi Data and Artificial Intelligence Authority ( ... -
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RIYADH: Saudi Arabia has signed multiple memorandums of understanding with Chinese business leaders to enhance industrial cooperation and promote the localization of advanced manufacturing technologie ... -
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The Saudi Authority for Industrial Cities and Technology Zones (MODON) has entered into a tripartite agreement to establish a new artificial intelligence center of excellence. The partnership with the ... -
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Artificial Intelligence (AI) has the potential to boost global trade by nearly 40 percent by 2040, provided significant gaps in technology access and capacity are bridged, according to a new study pub ... -
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RIYADH: Saudi Arabia has increased its ranking in the latest Global Innovation Index to 46 out of 139 countries as the Kingdom deepens its push to become a regional hub for research and technology. T ... -
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Saudi Arabia’s Ministry of Defense (MoD) in collaboration with the National Centre for Privatisation & PPP (NCP) announced on Monday the prequalified bidders for the Riyadh Administrative Office Proje ... -
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RIYADH: Saudi Arabia’s deserts are fast becoming the new frontier for hyperscale data centers, offering vast land, natural resilience, and strategic positioning that traditional global tech hubs strug ... -
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RIYADH: Young talents in Saudi Arabia require a combination of digital and technical skills, including artificial intelligence and data analytics, to thrive in the Kingdom’s dynamic business environme ... -
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Officials are exploring new avenues of cooperation to boost regional trade and investment. One key proposal is the establishment of a Saudi-backed logistics hub in Jordan, which could serve as a vital ... -
RIYADH: Saudi Arabia’s Public Investment Fund signed a memorandum of understanding with Macquarie Asset Management to expand investments in infrastructure and energy transition projects, marking the l ... -
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Overall container throughput increased by 9.5% to 750,634 TEUs Total cargo throughput fell 12.44% to 20.2 million tonnes JEDDAH: Saudi Arabia’s ports handled a surge in transshipment activity in Augus ... -
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RIYADH: Japanese companies have invested around SR23.6 billion ($6.28 billion) in Saudi Arabia, with 18 firms establishing regional headquarters in the Kingdom, said a senior Japanese official. In a ... -
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Riyadh — Naqi Water Company penned a deal with Middle East Factory for Machines Company Limited (MEMCO) at an amount of EUR 900,000, according to a bourse filing. Signed on 2 September, the agreement ... -
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Saudi Arabia's Ministry of Industry and Mineral Resources has launched its multi-round auction for mineral exploration licenses covering three identified mineralised belts with a total area of 24,423 ... -
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China’s Baoshan Iron and Steel Co. (Baosteel) said work is progressing on the $4 billion integrated steel plate manufacturing complex in Saudi Arabia, which will have a production capacity of 2.5 mill ... -
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UAE led with 198 deals, followed by Saudi Arabia with 170 National transformation programs are also acting as powerful catalysts RIYADH: Saudi Arabia and the UAE accounted for almost all investment ac ... -
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The life sciences industry, especially pharmaceuticals, is experiencing declining R&D productivity due to high failure rates of drugs during development, the need for larger and more complex clinical ... -
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RIYADH: Saudi Arabia’s industrial production climbed 7.9 percent year on year to 111.9 in June, driven by a sharp rebound in manufacturing and higher crude output, official data showed. Figures from ... -
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Saudi Arabia’s transportation boom opens doors for private investment RIYADH: Saudi Arabia’s rapidly expanding transportation sector is unlocking new investment opportunities for private players, both ... -
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JEDDAH: Saudi Arabia’s military equipment manufacturing sector is undergoing a significant expansion, emerging as a pivotal element of the Kingdom’s Vision 2030 economic diversification strategy to bo ... -
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IT spending in the Middle East and North Africa (MENA) is projected to total $169 billion in 2026, an increase of 8.9% from 2025, according to the latest forecast by Gartner. “The MENA region is rapid ... -
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The Ministry of Communications and Information Technology has launched the third phase of its Technology Adoption Initiative (AdopTech), aimed at supporting the implementation of 15 projects showcasin ... -
Consumer demand and new investments in charging stations and battery technologies are fueling the global electric vehicle market despite supply chain disruptions, fewer incentives for drivers and comp ... -
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RIYADH: Saudi Arabia emerged as the Middle East and North Africa’s top-funded startup market in the first half of 2025, securing approximately 64 percent of the region’s total capital. Investments in ... -
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JEDDAH: Saudi Arabia is ramping up its artificial intelligence ambitions with the launch of HUMAIN, a flagship initiative backed by the Public Investment Fund, as part of its broader drive to become a ... -
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The National Artificial Intelligence Index, inaugurated by the Saudi Data and Artificial Intelligence Authority, is designed to assess the maturity of AI implementation across government entities. It ... -
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Kingdom of Saudi Arabia: Saudia Cargo, a leader in the air cargo sector in the Middle East, announced the official launch of its campaign titled 'BEYOND', which aims to promote Saudi exports and enhan ... -
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RIYADH: Saudi Arabia’s logistics sector is emerging as a magnet for global investment, powered by regulatory reforms, incentive schemes, and its alignment with the ambitious Vision 2030 agenda, accord ... -
RIYADH: Saudi Arabia’s National Industrial Development and Logistics Program contributed SR986 billion ($262.8 billion) to the Kingdom’s non-oil gross domestic product in 2024, accounting for 39 perce ... -
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KAEC, Saudi Arabia –Juthor Paper Manufacturing Co., a subsidiary of Middle East Paper Co. (MEPCO), one of the largest paper manufacturers in the Middle East and North Africa (MENA) region, has broken ... -
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RIYADH: Saudi Arabia’s venture capital ecosystem is entering a pivotal phase of growth, fueled by a surge in domestic and international investment targeting sectors aligned with the Kingdom’s Vision 2 ... -
RIYADH: Integrating digital technologies is set to increase Saudi Arabia’s industrial productivity by 15 to 25 percent, according to Aramco President and CEO Amin Nasser. Speaking during the Saudi In ... -
RIYADH: Saudi Arabia has launched the second phase of its standardized industrial incentives program, aimed at boosting competitiveness and strengthening the Kingdom’s trade balance, a senior official ... -
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Medtech companies are at the forefront of healthcare innovation, developing life-changing devices and solutions to help clinicians diagnose diseases earlier, perform interventions more precisely, and ... -
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Saudi Arabia aims to be a leader in artificial intelligence (AI) as it gains recognition for technological progress and innovation. According to the AI Index Report 2025 by Stanford University’s Insti ... -
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Vice Minister of Industry Affairs at the Ministry of Industry and Mineral Resources Eng. Khalil Ibrahim Ibn Salamah on Thursday inaugurated the MS Pharma biologics plant and several infrastructure dev ... -
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Doha – Morocco’s leading construction company TGCC has entered the Saudi Arabian market through a strategic partnership with Naif Alrajhi Investment. The agreement, announced on Monday, will see TGCC ... -
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Riyadh, Saudi Arabia: DHL Global Forwarding, the leading international provider of air, ocean, and road freight services, has signed a Memorandum of Understanding (MoU) with Hyperview Saudi, a leader ... -
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The construction industry accounts for approximately 37% of global CO₂ emissions. Traditional materials like cement, steel, and bricks contribute over 70% of its footprint, with cement production maki ... -
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RIYADH: Tourism is a critical part of Saudi Arabia’s Vision 2030 diversification initiative, but far from solely relying on its rich heritage to attract visitors, the Kingdom is utilizing pioneering t ... -
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Tanmiah Food Company ("Tanmiah", "TFC" or the "Company", 2281 on the Saudi Exchange), established in 1962, one of the Middle East's leading providers of fresh poultry, processed proteins, animal feed, ... -
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Saudi Arabia’s Grand Mines Mining Company has signed a $9 billion Memorandum of Understanding with U.S.-based Burkhan World Investment (BWI) to develop and launch a new mining investment and operation ... -
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JEDDAH: Saudi Arabia is set to localize tinplate and tin-free steel production through a partnership with China, establishing the region’s first facility of its kind with an annual capacity of 400,000 ...
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