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Tag: Saudi Arabia

Posted on March 16, 2025

Indonesia, Saudi Arabia agree on new labour protections

Indonesia is set to sign an agreement to lift its decade-long moratorium on sending citizens to Saudi Arabia as domestic workers.
Posted on March 16, 2025

End of ‘blank cheque’ era for outside consultants in Saudi Arabia

National oil company Saudi Aramco this month slashed its 2025 dividends by 30 per cent after a 12 per cent drop in net income last year to $106bn. The cut in payments will hit the coffers of Saudi’s …
Posted on March 15, 2025

Saudi Arabia planning to finance new ‘Grand Slam’ style T20 league: Report

After taking giant strikes in football, tennis, Formula 1 and golf, Saudi Arabia is now turning its attention to cricket where it plans to channel up to $500 million dollars from its sovereign wealth …
Posted on March 15, 2025

S&P lifts Saudi Arabia’s rating on sustained economic shift away from oil

Global ratings agency S&P raised Saudi Arabia’s rating to ‘A+’ from ‘A’ with a stable outlook on Friday, underpinned by the ongoing social and economic transformation in the country.
Posted on March 15, 2025

Kaleem Aftab Exits International Programming Chief Role at Saudi Arabia’s Red Sea Film Festival

Kaleem Aftab, director of international programming at Saudi Arabia’s Red Sea Film Festival, has stepped down following a four-year stint. The London-based film critic had been a key member of the …
Posted on March 14, 2025

UAE, Egypt, Saudi Arabia finance startups lead Forbes Middle East Fintech50

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.
Posted on March 14, 2025

UAE, Egypt, Saudi Arabia finance startups lead Forbes Middle East Fintech50

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.
Posted on March 14, 2025

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.
Posted on March 13, 2025

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 …
Posted on March 13, 2025

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 …

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