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Expo will generate $4 billion annually for the Saudi economy over a quarter of a century.

The Kingdom’s economy will benefit from the momentum that Expo 2030 will create before and during the launch of the event, at a time when the impact is expected to extend beyond the end of the…

With Saudi-Chinese cooperation, the UAE launches the largest concentrated solar energy project in the world.

Vice President and Prime Minister of the UAE, Sheikh Mohammed bin Rashid, launched the largest concentrated solar energy project in the world, within the fourth phase of the “Mohammed bin Rashid…

Saudi NDMC secures $11bn syndicated loan to drive economic growth.

Saudi Arabia’s National Debt Management Center has successfully secured a syndicated loan of $11 billion as part of the government’s medium-term debt strategy, aimed at diversifying the…

XAI is currently developing the AI chatbot Grok, which is Elon Musk’s answer to OpenAI’s ChatGPT or Google’s Bard.

Elon Musk is looking to raise $1 billion for his artificial intelligence company xAI, and the man responsible for Tesla, X, and SpaceX is seeking this amount to finance his next project. According to…

Saudi Arabia to grant 30-year tax breaks .

Saudi Arabia announced on Tuesday it would grant a 30-year tax relief break to multinational companies establishing their regional headquarters (RHQ) in its capital city Riyadh. The Ministry of…

The big 5 Global

The Big 5 Global is the largest and most influential building and construction event in the Middle East, Africa and South Asia and the annual meeting hub for the global construction industry.Taking…

Saudi and Turkish Companies Sign 8 Agreements to Strengthen Trade and Investment Relations. Istanbul, December 4, 2023.

Yesterday, the Saudi-Turkish Joint Business Council in Istanbul signed 8 cooperation agreements between Saudi and Turkish companies in several economic fields, with the aim of strengthening trade and…

Masdar to develop 150-megawatt solar project in Angola.

Abu Dhabi’s clean energy company Masdar plans to develop a 150-megawatt solar power plant in Angola, which will help the southern African country to provide electricity to 90,000 homes and…

Saudi Arabia set to host 2030 World Expo in Riyadh.

Saudi Arabia’s capital Riyadh has won the competition to host the 2030 World Expo, becoming the second Middle Eastern city to host the international event after Dubai in 2020. The Riyadh Expo…

Noticeable growth in artificial intelligence jobs globally…a study reveals

A recent study conducted by Deel, the leading global company in human resources management and remote recruitment, revealed that jobs related to artificial intelligence have witnessed significant…

Tesla is planning to enter the world of restaurants and cinema through Hollywood.

Tesla has submitted the necessary documents to the Los Angeles City Council to establish a charging station equipped with a full-time restaurant and a drive-in theater, and the company plans to build…

AlUla Airport’s new terminal to increase annual passenger capacity to 6 million.

This has been unveiled during the FII 7 conference held in Riyahd last week and showcased the design of the second terminal of the airport, which will boost annual passenger capacity from 400,000 to…