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Tag: Saudi Arabia

Posted on February 22, 2024

Saudi Arabia’s Sovereign Wealth Fund to Deploy $70 Billion a Year

(Bloomberg) — Saudi Arabia’s sovereign wealth fund is set to increase its annual deployment of capital to $70 billion a year after 2025. Most Read from Bloomberg Nvidia Rises Most in About Nine …
Posted on February 22, 2024

Pakistan eyes $20bn trade deals with Saudi Arabia

Pakistan has ambitious goals of a $20bn trade partnership with Saudi Arabia, a major business event has heard. The Saudi-Pakistani Business Forum is being held in Riyadh under the patronage of …
Posted on February 22, 2024

TIME Hotels opens new property in Makkah, Saudi Arabia

IME Hotels has expanded its portfolio with the opening of TIME Ruba Hotel & Suites in Makkah, Saudi Arabia. Situated near the Holy Haram, the UAE-based hotel management company’s new property features …

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Posted on February 22, 2024

Saudi Arabia aims for 70% non-cash payments by end of 2025 – CitiGroup

Riyadh: Saudi Arabia is targeting turning 70% of domestic payments to non-cash by the end of 2025, stated Philip Drury, Global Head of Technology and Communications Banking, Capital Markets, and …
Posted on February 21, 2024

Saudi Arabia leaps to 16th rank among G20 countries in terms of GDP

During the same panel discussion, Faisal Al-Ibrahim, Saudi Arabia’s Minister of Economy and Planning … The Capital Market Forum started on February 19 to discuss the future of finance, evolving …
Posted on February 21, 2024

Saudi Arabia leaps to 16th rank among G20 countries in terms of GDP

During the same panel discussion, Faisal Al-Ibrahim, Saudi Arabia’s Minister of Economy and Planning … The Capital Market Forum started on February 19 to discuss the future of finance, evolving …
Posted on February 21, 2024

Saudi Arabia Has Become The Fight Capital Of The World

Thanks to massive financial backing from the region, boxing, MMA and the WWE have all found their niche in Saudi Arabia.
Posted on February 20, 2024

Saudi PIF-backed Alat signs global pacts to boost technology manufacturing

Alat, a sustainable technology manufacturing company backed by Saudi Arabia’s Public Investment Fund, has joined with four global companies to boost the sector in the kingdom.The company, which aims …
Posted on February 20, 2024

Saudi PIF-backed Alat signs global pacts to boost technology manufacturing

Alat, a sustainable technology manufacturing company backed by Saudi Arabia’s Public Investment Fund, has joined with four global companies to boost the sector in the kingdom.The company, which aims …
Posted on February 20, 2024

Damac’s Edgnex and Vodafone Turkey partner for $100 million data center project

UAE property firm Damac Group set up Edgnex (aka Damac Data Centres) in 2021. The company is building facilities in Saudi Arabia in Dammam and Riyadh, which will deliver 55MW by 2025. Edgnex is also …

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