Humain is the centerpiece of Saudi Arabia’s AI ambitions. Launched in May, the firm owned by the $925 billion Public Investment Fund seeks to centralize disparate efforts in the kingdom around data …
UK trade deal with Gulf states ‘almost done’ after Rachel Reeves visit
A two-day visit by Rachel Reeves to the “Davos in the Desert” conference in Saudi Arabia has ended with claims that a trade deal between Britain and six Gulf states is “almost done”.
Blackstone, Saudi AI Firm Humain Ink $3 Billion Data Center Deal
Private equity giant Blackstone Inc. is partnering with Saudi Arabia’s new artificial intelligence company, Humain, to build data centers in the kingdom with an initial investment of about $3 billion.
Smotrich doubles down, claims Saudi Arabia ‘denying Israeli tradition, heritage’
During Monday’s press conference, the finance minister hit out against Saudi Arabia once again, as well as Israelis who he said were “insulted” on the Saudis’ behalf. Finance Minister Bezalel Smotrich …
Barclays Re-Enters Saudi Arabia 11 Years After Exiting Business
Barclays Plc is re-entering Saudi Arabia, becoming the latest bank to beef up operations in the oil-rich kingdom that’s in the midst of a trillion-dollar economic transformation plan.
Delta to launch nonstop flights from Atlanta to Saudi Arabia in October 2026
Delta Air Lines is adding a major new route with nonstop flights from Atlanta to Riyadh, Saudi Arabia, starting in026.
It looks like Delta Air Lines is betting big on Saudi Arabia travel
The rising numbers come as Saudi Arabia took several steps to grow its tourism industry by investing in new resorts like Diriyah and AlUla and loosening up once-strict entry requirements (citizens of …
Barclays to restart investment banking in Saudi Arabia 11 years after exit
The bank said the expansion was ‘central to our Middle East growth strategy’, as it follows in the footsteps of rival lenders re-entering the market.
A decade into Saudi Arabia’s Vision 2030, the non-oil sector makes up 56% of $1.3 trillion economy
Barclays is the latest to announce a presence in Riyadh. The British lender says it’s returning to Saudi Arabia after an 11 year absence. At the Global Forum, CEO C.S. Venkatakrishnan said he’s aiming …
Barclays looking to re-enter Saudi Arabia with office in Riyadh
The British bank had exited the country in 2014; “Investment flows used to head out of the region, and now there’s a lot coming back” says the CEO …