Latest News for: saudi arabia

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Saudi Arabia-China Entrepreneur Association launched at LEAP

Arab News 07 Feb 2023
The Saudi Arabia-China Entrepreneur Association was launched at the LEAP 2023 conference in Riyadh on Tuesday ... “In line with Saudi Arabia’s Vision 2030, SCEA will enable cross-border investments and valuable collaborations,” said Jerry Li, founder and managing partner of eWTPA.
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Saudi Arabia, The Sandbox agree to collaborate on metaverse projects

The Block 07 Feb 2023
Metaverse gaming platform The Sandbox and Saudi Arabia have come to an understanding of some sort ... “It was a true honor to sign our partnership between The Sandbox and the Saudi Arabia Digital Government Authority,” he wrote ... Borget and Saudi Arabia’s DGA inked the memorandum while attending the Leap Tech Conference in the Saudi capital of Riyadh.
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Saudi Arabia's king offers condolences over Türkiye's earthquake losses

Anadolu Agency 07 Feb 2023
Saudi Arabia’s King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman have extended condolences to Turkish President Recep Tayyip Erdogan over the loss of life in Monday’s deadly earthquakes ... He conveyed Saudi Arabia’s ...
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Saudi Arabia: Foreign investment rose to over 10% in 2022

The New Arab 07 Feb 2023
Saudi Arabia has embarked on a major economic and social transformation outlined in its Vision 2030 ... The World Bank recorded Saudi Arabia's growth rate ...
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Saudi Arabia: Over 4.5m Muslims perform Umrah in 6 months

Gulf News 07 Feb 2023
More than 4.5 million overseas Muslims have arrived in Saudi Arabia in the past six months to perform Umrah or minor pilgrimage, according to official figures released in the kingdom ... Saudi Arabia has in recent months unveiled a host of facilities for Muslims wishing to come to the country to undertake Umrah.
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Saudi Arabia announces billions more in funding to support start-ups

The National 07 Feb 2023
Saudi Arabia announces investments of more than $9bn to boost digital transformation. Oracle to invest $1.5bn in Saudi Arabia to meet growing cloud computing demand ... Saudi Arabia has introduced several projects to promote the use of technology as it prepares for the future economy.
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Saudi Arabia says tech giants to invest more than $9 billion in kingdom

Gulf Daily News 07 Feb 2023
Saudi Arabia has attracted more than $9 billion in investments in future technologies, including by US giants Microsoft and Oracle Corp, which are building cloud regions in the kingdom, a government minister said on Monday ... will enhance the kingdom of Saudi Arabia's position as ...
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Saudi Arabia-China Entrepreneur Association launched at LEAP 2023 in Riyadh

China Daily 07 Feb 2023
The Saudi Arabia-China Entrepreneur Association, comprising of over 100 Saudi and Chinese businesses, government entities, non-governmental organizations and academic institutions, has been formally launched at the technology fair LEAP 2023 in Riyadh ... both Saudi Arabia and China.
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HanmiGlobal seeks to win more large-scale orders in Saudi Arabia

Korea Times 07 Feb 2023
An aerial view of Diriyah South and Gardens in Diriyah, Saudi Arabia / Courtesy of HanmiGlobal ... HanmiGlobal, Korea's leading project management (PM) company, is seeking to win large-scale orders from the Middle East and especially from the Diriyah Gate Project in Saudi Arabia, the company said Tuesday.
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A cooperation between Rui Costa and Cristiano Ronaldo's tech company, Footlab arrives in Saudi Arabia

Arab News 07 Feb 2023
Sports is an integral component of Saudi Arabia’s transformative Vision 2030, and we are thankful for the unconditional support of our partners and the perfect timing to launch Footlab in all (of the) Kingdom, having Cristiano here and world attention for what lies ahead.”.
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Saudi Arabia sees 54% jumps in investment licenses to 4,358 in 2022  

Arab News 07 Feb 2023
Saudi Arabia issued 4,358 investment licenses in 2022, up 53.9 percent compared to 2021, as the Kingdom steadily emerges as an investment destination in line with the goals outlined in Vision 2030 ... Saudi Arabia’s inflation rate also rose to 3.1 percent in the fourth quarter of 2022, compared to the same period in 2021.
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Saudi Arabia set for surge in demand for short-term rentals

The National 07 Feb 2023
Saudi Arabia is set for a big rise in demand in short-term rentals, according to property management company Frank Porter ... Saudi Arabia to launch kingdom's version of Airbnb ... The National Tourism Strategy of Saudi Arabia aims to attract 100 million tourists by 2030.
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Saudi Arabia hands down death sentences to two Shia citizens over alleged cooperation with terrorists

Press TV 07 Feb 2023
Saudi Arabia has issued death sentences for two Shia citizens for allegedly collaborating with terrorist groups, as a crackdown led by Crown Prince Mohammed bin Salman continues against political dissidents and pro-democracy campaigners in the kingdom ... Saudi Arabia executes Shia youths from Qatif region over trumped-up terror allegations.
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UAE’s Burjeel Holdings and Saudi Arabia’s Leejam Sports Company plan joint venture in Kingdom

Arab News 07 Feb 2023
Burjeel Holdings, an Emirati healthcare company, and Saudi Arabia’s Leejam Sports Company, owner of the Fitness Time chain of gyms, has signed a memorandum of understanding for a joint venture, Emirates News Agency reported.
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Oil extends gain as Saudi Arabia bets on demand rebound in Asia

Gulf News 07 Feb 2023
Oil rose for a second session after Saudi Arabia unexpectedly raised its crude prices to Asia, signaling confidence in the demand outlook ... Saudi Aramco increased most of its prices for crude that will be ... A factsheet and what we know so far Saudi Arabia raises oil prices for March.

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