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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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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 ...
