Tencent Deepens Digital Footprint in Saudi Arabia to Support Smart Transformation
As China races to expand its global digital presence, technology giant Tencent is stepping up its investments in Saudi Arabia…
Tag: SAUDI ARABIA
Al-Rumayyan: Saudi PIF Targets $1 Trillion Assets by Year-End
Yasir Al-Rumayyan, Governor of Saudi Arabia’s Public Investment Fund (PIF), has said the sovereign wealth fund is preparing to unveil…
Saudi Arabia’s GDP expands 3.9% in Q2 non-oil activities GASTAT
Saudi Arabia’s economy expanded 3.9 percent in the second quarter of the year, fueled by robust non-oil activity that extended…
Saudi Arabia Private Sector Drives Housing Projects Worth Over $106 Billion
Saudi Arabia’s Minister of Municipalities and Rural Affairs and Housing, Majid Al-Hogail, announced that the value of housing projects executed…
HUMAIN Launch ‘Allam’ First Arabic AI Foundation Model
In a bold move reflecting Saudi Arabia’s rapidly accelerating digital transformation, tech company HUMAIN is preparing to launch “Allam” –…
King Abdulaziz Foundation for Research and Archives to Host Forum on History of Hajj, Two Holy Mosques
The King Abdulaziz Foundation for Research and Archives (Darah) is preparing to host an international forum highlighting the history of…
Saudi Banking Sector Posts Highest Quarterly Profits in Its History
Saudi Arabia’s banking sector has achieved record-breaking quarterly earnings, reporting its highest-ever profits during the second quarter of 2025. According…
Five Benefits of New Foreign Property Ownership Law in Saudi Arabia
A newly updated property ownership law approved by Saudi Arabia’s cabinet earlier this month is expected to deliver five major…
Saudi Arabia Signs 15 GW Renewable Energy Deals in One Week
Saudi Arabia has signed a raft of contracts for renewable‑energy projects totaling 15 gigawatts (GW) – among the world’s most…