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Saudia Group orders additional 105 aircraft from Airbus in largest aviation deal in Kingdom’s…
Saudia Group has signed an order for an additional 105 A320neo family planes, marking the largest aircraft deal with Airbus in the Kingdom’s history.
The $19 billion deal, announced at the Future Aviation Forum in Riyadh by Ibrahim…
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Saudi-Chinese financial ties to strengthen as top officials meet in Beijing
Saudi and Chinese top officials are holding joint meetings in Beijing focused on fostering international economic growth.
The sessions, which are slated to take place from May 20 - 21 in Beijing, include the Kingdom’s Minister of Finance…
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Saudi aviation industry likely to create 35,000 new jobs by 2030
Saudi Arabia unveiled its first “State of Aviation” report, highlighting the sector’s contributions to the Kingdom’s economic growth, as industry leaders gathered for the Future Aviation Forum.
Speaking at the opening ceremony of the…
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Saudi Arabia’s first quantum computer on its way after Aramco, Pasqal deal
Saudi Arabia's first quantum computer is set to be installed after energy giant Aracmo signed an agreement with computing firm Pasqal.
Under the deal, the French company will install, maintain and operate a 200-qubit device, scheduled…
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Energy security is vital for prosperity among Arab citizens, says top official
A comprehensive and integrated approach is needed to ensure energy security amongst citizens, according to the Assistant Secretary-General and Head of the Economic Affairs Sector at the Arab League, Ali Al-Maliki.
During the 12th…
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AI to help optimize Saudi aviation supply chain management: official
Saudi Arabia’s aviation industry’s supply chain management is set to receive a boost thanks to the use of artificial intelligence in logistics, a top official said.
Speaking on the first day of the Future Aviation Forum in Riyadh on…
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Riyadh’s grade A office renting grew by 5% in Q1 2024: report
Saudi Arabia’s prime office rental space saw a 5 percent growth in transactions in the first quarter of 2024 compared to the previous period, according to an industry report.
As per the global real estate services provider Savills…
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Saudi venture capital sector expanding exponentially
Saudi Arabia’s venture capital landscape continues to grow with its reverberations reaching far continents.
Global venture capital firms are capitalizing on the Kingdom’s expansive strategy, as evidenced by the state-owned Saudi Venture…
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Alvarez & Marsal outlines action-oriented approach as it launches regional HQ in Saudi Arabia
Global consulting firm Alvarez & Marsal is set to introduce its distinct, unbiased, and action-oriented approach to Saudi Arabia’s market following the launch of its regional headquarters, according to a top official.
This decision,…
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Saudi fund signs two loan agreements, inaugurates Hulhumale Island development in Maldives
CEO of the Saudi Fund for Development Sultan bin Abdulrahman Al-Marshad signed on Friday two development loan agreements with the Maldives’ Minister of Finance Dr. Mohammed Shafiq. These agreements will contribute to financing the Velana…
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