Via Arab News, a report on Saudi Arabia’s new major green energy pact with Central Asian nations: Saudi Arabia has signed a joint executive program with Azerbaijan, Uzbekistan, and Kazakhstan to strengthen collaboration on renewable energy development and transmission. The deal was signed on the sidelines of the 29th UN Climate Summit in Baku by […]
Read more »Via Bloomberg, a report on Saudi Arabia’s plans to build an AI powerhouse: Entity would build on kingdom’s efforts to emerge as AI hub PIF, Google AI partnership may serve as model for project Saudi Arabia is planning a new artificial intelligence project with backing of as much as $100 billion as it seeks to […]
Read more »Via Statista, a graphical look at the 10 fastest-developing cities on Earth: Out of the world’s top 15 growth hubs, 14 are forecast to be located in Asia, according to the Growth Hub Index 2024 by British real estate service Savills. These cities have been identified as set to develop particularly quickly by 2033, based on indicators […]
Read more »Via the Middle East Institute, a look at Google’s big bet on Saudi Arabia’s AI future: In a landmark move signaling the growing importance of the Middle East in the global tech landscape, Google has entered into a strategic partnership with Saudi Arabia’s Public Investment Fund (PIF), the kingdom’s sovereign wealth fund. Google Cloud and PIF announced the agreement, […]
Read more »Via East Asia Forum, an article on Pakistan’s struggle to secure Gulf investments amid economic crises: In Brief Pakistan is seeking investments from Saudi Arabia and the United Arab Emirates to mitigate its ongoing financial crisis. But attracting this critical Gulf capital requires substantial improvements in Pakistan’s investment climate. Successful investment attraction will depends on […]
Read more »A fifth of the world’s steel is being used by Saudi Arabia’s mega project, according to this article from Semafor: Neom.com A fifth of the world’s steel is being gobbled up by just one site: Saudi Arabia’s behemoth project NEOM. So said NEOM’s Chief Investment Officer Manar al-Moneef during Riyadh’s Global Logistics Forum this week, according […]
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