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Riyadh
Hospitality & Tourism
Riyadh Air, AlUla partner to promote Saudi Arabia’s tourist attractions globally
Riyadh Air to contribute $20 billion to the kingdom's non-oil GDP
Markets
Saudi Arabia set to increase assets under management to 29.4 percent of GDP by 2024
The Kingdom surpassed 2023 targets with 216 fintech companies in operation and the launch of two digital banks
Economy
Saudi Arabia to host 28th World Investment Conference from November 25 to 27
Conference positions Saudi Arabia as global investment hub, promotes its promising business environment
Economy
WEF Special Meeting: Developing human capital must be the focus for investment
Collaborative effort is needed to address the energy trilemma of security, equity and sustainability
Logistics
Riyadh airport introduces e-passport gates at two terminals
First airport in Saudi Arabia to implement biometric e-passport scanners
Economy
Saudi Arabia’s greenfield FDI inflows surge over two-fold to $28.78 billion
This figure surpassed the previous peak of $17.57 billion in 2018
Logistics
Saudi Arabia’s airports excel in complaint resolution: GACA reports near-perfect performance in February
King Khalid International Airport topped international terminals with over 6 million passengers annually
Hospitality & Tourism
Saudi Arabia’s Red Sea Global: Further resorts including Nujuma, a Ritz-Carlton Reserve to open in 2024
The developer opened doors to first guests at The Red Sea destination in 2023
Economy
Saudi Cabinet greenlights agreement for setting up IMF regional office in Riyadh
The initiative seeks to enhance the presence and collaborative efforts of the IMF with Arab institutions
Real Estate
Construction begins on Al-Urubah Park, Riyadh’s largest green space project
More than 600,000 trees and shrubs will be planted, covering 65 percent of the park area
Miscellaneous
Saudi Arabia’s Qiddiya to host Esports World Cup in Gaming & Esports District
The inaugural Esports World Cup is set to take place later this year in Riyadh
Banking & Finance
LEAP 2024: Takamol Holdings launches $53 million investment fund to empower tech startups
The initiative seeks to advance tech sectors in the Middle East and Africa
Saudi Arabia
LEAP 2024: SDAIA, Samsung collaborate to explore localization of digital technologies and innovations
The deal aims to automatically include Tawakkalna system applications on all Samsung devices in Saudi
Saudi Arabia
LEAP 2024: SDAIA, PwC Middle East partner to create AI virtual laboratory and GenAI experiments center
The collaborative agreement seeks to advance cutting-edge AI research
Saudi Arabia
LEAP 2024: Saudi Arabia solidifies position as tech and innovation hub with $764 million in investment deals
Aramco Digital, Intel Corp. join forces to launch Saudi's first ORAN development center
Saudi Arabia
LEAP 2024: Ericsson, Mobily boost digital transformation with AI-powered managed services
The two companies extended the managed services partnership for another three years
Banking & Finance
LEAP 2024: Saudi Arabia bolsters tech hub leadership with $888 million in deals
Investment funds and funding rounds to support innovation and tech entrepreneurship
Miscellaneous
Qiddiya: New details revealed about Saudi Arabia’s F1 track
The new track will feature a 108-meter elevation difference across its 21 corners
Saudi Arabia
LEAP 2024: Saudi Arabia launches $120 million in venture funds to boost gaming, esports sector
The funds seek to promote local content development and drive industry impact in line with Vision 2030
Saudi Arabia
LEAP 2024: Cisco to establish new regional HQ in Riyadh
The company also extended its country digitization program to support digital transformation
Saudi Arabia
LEAP 2024:Â Saudi Ministry of Media forges 4 agreements with global entities
The deals aim to develop training programs for media orkers, focusing on AI and other technical fields
Economy
Over 350 international investors to establish regional headquarters in Saudi ArabiaÂ
The minister highlighted a tenfold increase in international investment licenses in the Kingdom
Hospitality & Tourism
Saudi Arabia’s Tourism Development Fund set to transform Riyadh’s downtown
Collaboration marks a milestone in Riyadh's evolution in line with Vision 2030
Logistics
Riyadh Air, Adobe partner to deliver personalized AI-driven travel experiences
Adobe's Experience Cloud to power airline's vision of personalized travel journeys
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