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Tag: Saudi Arabia

Posted on May 14, 2025

Nvidia stock extends gains as Saudi Arabia set to spend billions on AI chips, US moves to rescind Biden’s chip curbs

Nvidia stock jumped over 3% early Wednesday after the company and fellow chipmakers announced billions of dollars worth of AI deals with Saudi Arabia.
Posted on May 14, 2025

NVIDIA (NasdaqGS:NVDA) Expands AI Horizons With Saudi Arabia Partnerships And Governance Changes

NVIDIA (NasdaqGS:NVDA) recently announced a significant partnership with Saudi Arabia to advance AI capabilities, which coincides with the company’s strategic focus on developing global collaborations …
Posted on May 14, 2025

NVIDIA (NasdaqGS:NVDA) Expands AI Horizons With Saudi Arabia Partnerships And Governance Changes

NVIDIA (NasdaqGS:NVDA) recently announced a significant partnership with Saudi Arabia to advance AI capabilities, which coincides with the company’s strategic focus on developing global collaborations …
Posted on May 14, 2025

Saudi Arabia’s AviLease places order for up to 30 Boeing 737 MAX jets

An aircraft leasing firm owned by Saudi Arabia’s sovereign wealth fund has placed an order for up to 30 Boeing 737 MAX jets, the U.S. planemaker said on Tuesday.
Posted on May 14, 2025

US agrees to sell Saudi Arabia $142 billion arms package

The United States agreed on Tuesday to sell Saudi Arabia an arms package worth nearly $142 billion, according to a White House fact sheet that called it “the largest defense cooperation agreement” …

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Posted on May 14, 2025

Europe’s last mall? Hamburg marks the end of an era as Westfield looks to Saudi Arabia for its next retail boom

A vast new mall in Hamburg—but with Europe’s retail space nearly maxed out, the Westfield brand is shifting focus to Saudi Arabia.

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Posted on May 14, 2025

Hilton pipeline extends to 100 properties in Saudi Arabia

Hilton currently operates 20 hotels in the Kingdom, with another 77 properties in the pipeline, accounting for a quarter of branded hotel rooms under construction in the country – and reaffirming the …

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Posted on May 14, 2025

Donald Trump rolls out his own mobile McDonald’s for Saudi Arabia visit

During his state visit to Saudi Arabia, his first since re-entering the White House in January, Trump has been followed around by a portable McDonald’s. A White House official confirmed a mobile …

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Posted on May 14, 2025

Saudi Arabia wants to build its post-oil future with massive AI data centers — Trump and U.S. tech have big incentives to oblige

In a geopolitical chess game with billions at stake, Saudi Arabia, the U.S. and Nvidia all have something to gain.
Posted on May 14, 2025

India File: After the ceasefire, trade is back in focus

U.S. President Donald Trump was set to meet Syria’s president in Saudi Arabia on Wednesday following a surprise announcement that the United States would lift all sanctions on the Islamist-led …

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