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How Lucid Motors Middle East is driving Saudi Arabia’s vision of a sustainable future

How Lucid Motors Middle East is driving Saudi Arabia’s vision of a sustainable future

The automaker is spearheading Saudi Arabia’s EV ambitions, combining cutting-edge innovation with local talent to support Vision 2030 and drive the Kingdom’s transformation into a global clean mobility hub

Saudi Railway Company launches $1.6 billion real estate fund in Makkah with Riyad Capital

Saudi Railway Company launches $1.6 billion real estate fund in Makkah with Riyad Capital

The project will be developed on a 90,000-square-meter land plot located in the Al-Rusifah district near the Haramain High-Speed Railway Station in Makkah

Structuring sustainable funding for Saudi Arabia’s mega infrastructure projects: Pathways to long-term success

Structuring sustainable funding for Saudi Arabia’s mega infrastructure projects: Pathways to long-term success

A sustainable funding model must ensure long-term viability, transparency, and adaptability for mega projects

Saudi Arabia, Meta explore partnership opportunities in AI, LLMs, and metaverse

Saudi Arabia, Meta explore partnership opportunities in AI, LLMs, and metaverse

Minister Alswaha's visit to Meta sets stage for major AI innovations in the Kingdom

Saudi Arabia partners with UN to launch global initiative for capacity building in cyberspace

Saudi Arabia partners with UN to launch global initiative for capacity building in cyberspace

Initiative aims to enhance the skills of a wide range of beneficiaries, including policymakers, law-enforcement agencies, diplomats and professionals in the field

5 investment agreements signed at Saudi-Vietnamese Business Forum to expand partnerships in key fields

5 investment agreements signed at Saudi-Vietnamese Business Forum to expand partnerships in key fields

The agreements focused on building investment partnerships in several fields, including construction and infrastructure

Visitor ID now accepted for opening bank accounts in Saudi Arabia

Visitor ID now accepted for opening bank accounts in Saudi Arabia

SAMA's decision allows visitors to open bank accounts using the official Visitor ID document

Saudi Arabia-Norway bilateral trade grows 360 percent to $828 million between 2020 and 2024

Saudi Arabia-Norway bilateral trade grows 360 percent to $828 million between 2020 and 2024

Both countries are keen to expand cooperation in logistics, shipping, fisheries, advanced manufacturing, tourism, digitalization, healthcare, education and creative industries

Saudi Arabia to establish AI center of excellence to support investors in industrial cities, enhance digital transformation initiatives 

Saudi Arabia to establish AI center of excellence to support investors in industrial cities, enhance digital transformation initiatives 

Focus areas include modernizing business models and boosting operational efficiency within the industrial sector

New Zealand–Saudi Arabia Business Council established following $100 million trade boost

New Zealand–Saudi Arabia Business Council established following $100 million trade boost

Business Council will raise awareness of opportunities, strengthen relationships and help Kiwi firms do well in Saudi Arabia

Gas surge puts Saudi Arabia on track to end oil burn by 2030

Gas surge puts Saudi Arabia on track to end oil burn by 2030

Statistics compiled from the Joint Organizations Data Initiative (JODI) show that direct oil burn averaged 943,000 b/d during the first half of this year even as electricity demand soared by 10 percent year-on-year