Some 119 fintech startups across the Middle East and North Africa raised $700 million in 2024, accounting for 30% of the total MENA startup funding for last year.
L&T and Lantania to construct desalination plant in Saudi Arabia
The contract includes the design, construction, testing, and commissioning of a seawater reverse osmosis desalination plant.
GCC Data Center Market Investment Analysis Report 2025-2030: Saudi Arabia and UAE Drive GCC Data Center Boom with $9.49 Billion Market by 2030
The GCC data center market is set to grow from $3.48 billion in 2024 to $9.49 billion by 2030, driven by cloud computing, AI demand, and Vision 2030 initiatives in Saudi Arabia and UAE. Leading …
GCC Data Center Market Investment Analysis Report 2025-2030: Saudi Arabia and UAE Drive GCC Data Center Boom with $9.49 Billion Market by 2030
The GCC data center market is set to grow from $3.48 billion in 2024 to $9.49 billion by 2030, driven by cloud computing, AI demand, and Vision 2030 initiatives in Saudi Arabia and UAE. Leading …
Pokemon Go maker Niantic to sell game division to Saudi-owned Scopely for $3.5B
Niantic Labs said it would sell its video game (Pokemon Go) business to Scopely, which is owned by Saudi Arabia, for $3.5 billion to focus on geospatial technology.
US-Ukraine negotiations in Saudi Arabia spark ceasefire hope
Are the negotiation agreements between the USA and Ukraine, which took place on Tuesday in Saudi Arabia, a first step towards peace in Ukraine? – If Putin does not cease his aggression, there will be …
Baghdad-Based Digital Zone Considers Expansion Beyond Iraqi Market
Baghdad-based Digital Zone, acquired by Qi Group in January 2025, is exploring expansion into GCC countries, focusing on Saudi Arabia. The …
Islamic finance contracts grow to SAR 2.38T in Q3 2024: SAMA
Shariah-compliant finance contracts in Saudi Arabia rose by 11% year-on-year (YoY) to SAR 2.38 trillion by the end of Q3 2024, data from the Saudi Cen …
Saudi residential real estate to attract $1.22 billion this year, consultancy says
Private buyers in Saudi Arabia are expected to spend $1.22 billion in the country’s residential market this year, property consultant Knight Frank said in a report on Tuesday, with NEOM being the most …
Saudisation requirements and leadership changes: Saudi’s biggest stories of the week
Top stories shaping Saudi’s hospitality sector. Saudisation requirements and leadership changes: Saudi’s biggest stories of the week. saudi stories of the week. Saudi Arabia.