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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 ...
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PIF SIGNS MOU WITH MACQUARIE TO BOOST SAUDI INFRASTRUCTURE, ENERGY TRANSITION PROJECTS
08 Sep 2025RIYADH: 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 ... -
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 ...
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WHY ELECTRIC VEHICLES ARE HERE TO STAY
31 Jul 2025Consumer 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 ... -
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 ...
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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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JUTHOR BREAKS GROUND ON TM6: NEW TISSUE MANUFACTURING FACILITY AT KAEC TO BOOST INDUSTRIAL CAPACITY
26 Jun 2025KAEC, 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 ... -
WHERE THE MONEY IS FLOWING: AI, AGRITECH, AND FINTECH SET TO LEAD SAUDI VENTURE CAPITAL ECOSYSTEM
24 Jun 2025RIYADH: 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 ... -
DIGITAL TRANSFORMATION TO BOOST SAUDI INDUSTRIAL PRODUCTIVITY BY UP TO 25%, SAYS ARAMCO CEO
24 Jun 2025RIYADH: 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 ... -
SAUDI ARABIA UNVEILS 2ND PHASE OF INDUSTRIAL INCENTIVES TO ATTRACT HIGH-VALUE INVESTMENT
24 Jun 2025RIYADH: 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 ... -
SCALING GEN AI IN THE MEDTECH INDUSTRY
09 Jun 2025Medtech 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 ... -
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 INAUGURATES MS PHARMA BIOLOGICS PLANT IN RIYADH 3RD INDUSTRIAL CITY
30 May 2025Vice 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 ... -
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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RIYADH: Saudi Arabia is transforming its agriculture sector with advanced robotics aimed at boosting productivity and sustainability. Artificial intelligence-powered machines are automating date-palm ...
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The new facility is a joint venture between PIF and Hyundai Motor Company The plant will manufacture internal combustion engine and electric vehicles, with an annual production target of 50,000 vehicl ...
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The UN has designated 2025 the International Year of Quantum to honor the 100th anniversary of quantum mechanics. Yet, as we look back on a century of quantum, we must also look ahead and prepare for ...
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RIYADH — Uber CEO Dara Khosrowshahi announced on Tuesday that the company plans to launch self-driving vehicles in Saudi Arabia this year. He revealed that Uber is currently in discussions with partne ...
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RIYADH – Qualcomm Technologies, Inc. and Aramco Digital announced their intent to enter into a strategic collaboration to develop, deploy and commercialize state-of-the-art edge AI industrial IoT tech ...
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Sprinklr, the unified customer experience management (Unified-CXM) platform for modern enterprises, has announced an expanded partnership with Aramex, a global leader in logistics and transportation. ...
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Amazon Web Services (AWS) and HUMAIN, Saudi Arabia’s newly created company responsible for driving AI innovation across the Kingdom and globally, today announced plans to invest $5 billion-plus in a s ...
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Saudi Arabia’s industrial production index rose 2 percent year on year in March 2025, driven by strong growth in manufacturing, particularly in the chemical and food industries, official data showed. ...
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SAUDI ARABIA & SIDEL PARTNER TO LOCALISE ADVANCED PACKAGING AND BOOST INDUSTRIAL COOPERATION
08 May 2025As part of the official visit of the Saudi Minister of Industry and Mineral Resources to France, the Kingdom of Saudi Arabia and the global leader in packaging solutions "Sidel", signed a Memorandum o ... -
Saudi Arabia is poised to engage in discussions and finalize a major deal with the United States (U.S.) focused on mining and mineral resources. This announcement comes from the Saudi Cabinet, as repo ...
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