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The residential sector began strong in H1 2024, delivering 27,500 units in Riyadh and Jeddah
This initiative aims to boost socio-economic growth and improve residents' quality of life
The meeting included bilateral talks with Brazil and India on cooperation in the space economy and related technologies
The agreement details collaboration in space activities, such as science research and remote sensing
The company set the final offer price at SAR66 per share, indicating a market capitalization of $903 million
Partnership seeks to provide access to world-class cloud infrastructure, addressing the diverse needs of customers
This MoU will expire upon signing the SPA, expected by September 30
In 2023 alone, investments in fintech in Saudi Arabia exceeded $790 million, an 8-fold increase from 2021's $91 million
The PMI noted significant job creation, with employment rising at one of the highest rates in a decade
Saudi Minister of Tourism oversaw agreement between Air Connectivity Program and Virgin Atlantic Airlines
800+ development projects have been funded by SFD since inception
The sales surge is linked to the company’s launch of multiple housing projects across the Kingdom
Tech and government investments are transforming the Kingdom's esports sector, creating 39,000 jobs by 2030
National Industrial Strategy seeks to raise the number of factories across the country 3.5 fold to 36,000 factories by 2035
In total, the ministry of investment issued 2,728 investment licenses during the first half of the year, up 49.6 percent annually
The Najran region is home to 90 factories with investments surpassing $1.28 billion
Capital Maritime and Trading Corporation agreed to deliver the carriers to Bahri in multiple batches before the end of Q1 of 2025
Plant's first 2 trains to have a capacity of 50,000 tons per annum of high-purity lithium hydroxide monohydrate
ACWA Power expects the project's financial impact to be reflected during the second half of 2024 onwards
Riyadh Air to launch commercial operations at the King Khalid International Airport by mid-2025
Saudi Arabia's total fixed capital formation grew 8 percent during Q1 of 2024
Nasser foresees resilient oil fundamentals despite price decline, sees demand growth of 1.6-2 million bpd
New region will help boost the Kingdom’s AI economy, which is expected to reach $135.2 billion by 2030
The agreements involve Chinese banks and focus on two-way capital flows through debt and equity
