AI can help double oil-well productivity: Saudi Aramco CEO

AI and digitalisation can double an oil well’s productivity, the head of Saudi Aramco said on Tuesday, insisting fossil fuels would provide a big slice of the world’s energy needs for decades. President and CEO Amin Nasser said Aramco, the world’s...

Diriyah Company to showcase Diriyah at WTM London 2025

Diriyah Company will be in London for a week of engagements centred on World Travel Market (WTM) London 2025, taking place from the 4th until the 6th of November, showcasing Diriyah’s heritage-led development and tourism offering to industry...

Gulf investors rush into rare earths as Saudi Arabia and UAE target critical minerals boom

Middle Eastern investors are moving quickly into the rare earth industry as Gulf governments push to expand their roles in critical minerals and reduce dependence on oil, according to CNBC. Mining executives said interest from the region has...

JetMix Systems to Fuel Saudi Wastewater Megaproject

Home/Fluids Handling/JetMix Systems to Fuel Saudi Wastewater Megaproject As Saudi Arabia strives further to reduce its dependence on oil and diversify its economy, mixing-technology market leader Landia has secured a substantial order for JetMix...

Ukraine exports fresh pears to Saudi Arabia for first time

Ukrainian fruit producer Sady Dnipra has exported fresh pears to Saudi Arabia for the first time, marking Ukraine's entry into the Middle Eastern pear market. The shipment was made by sea through Ukrainian ports despite the ongoing conflict,...

Saudi Arabia and Singapore forge trade pact enabling instant settlements

Singapore’s DBS Bank and Saudi Banque Saudi Fransi have unveiled a historic partnership to revolutionize cross-border transactions across the Gulf-Asia axis. The strategic partnership offers same-day settlements and real-time payment facilities,...

Lucid Intends to Deliver First Level 4 Autonomous EVs for Consumers with NVIDIA

Company plans to offer industry's first "mind-off" L4 through integration of NVIDIA DRIVE AGX Thor in future midsize vehicles; aims to leverage NVIDIA's Industrial platform to pioneer AI software-driven manufacturing excellence News Summary Lucid...

Ranked: Countries With the Largest Forests in 2025

Ranked: 35 Countries With the Largest Forests in 2025 See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Key...

Oil, LNG scores victory against green bunkers amid stalling IMO talks

Fossil fuels could remain the preferred marine energy at the expense of low-carbon fuels, with the International Maritime Organization’s new decarbonization rules hanging in the balance, according to industry participants. Supporters of the UN...

Saudi Arabia’s expansion projects in Al-Mahra face growing public rejection of military presence

Saudi Arabia’s expansion projects in Al-Mahra face growing public rejection of military presence Sana’a – SABA Public anger continues to escalate in Al-Mahra Governorate over the ongoing Saudi military presence in the governorate’s strategic...

University of New Haven to launch groundbreaking program in Saudi Arabia

The university is the first in the world to receive approval to establish an international branch campus in Riyadh, the capital city of Saudi Arabia. RIYADH, Saudi Arabia — After becoming the world’s first institution to be approved to open an...

Saudi Arabia Moves Billions From Neom to AI Investments Backed by Nvidia and Amazon

Saudi Arabia is shifting its focus from its $500 billion Neom project, the futuristic city announced in 2017, to AI-related technology. The change marks a shift away from massive construction projects toward faster-growing industries that offer...

Saudi’s RSGT Finalizes 30-Year Lease of Djibouti’s Tadjourah Port

The Middle East-based terminal operators continue to expand their footprint in Africa, with governments in the region opening ports to private investors. Last week, Saudi Arabia’s Red Sea Gateway Terminal (RSGT) signed a 30-year concession...

How stunning ‘sky stadium’ 350m above ground will actually look for Saudi Arabia World Cup as fake images go viral

Images of a stunning football stadium built atop a skyscraper in Saudi Arabia have generated intrigue for the 2034 World Cup. However, not everything is as it seems as the striking visuals that have gone viral on social media this week have turned...

Saudi Fabric of the Future: Landmark Initiative Driving Sustainability, Creativity in Fashion Sector

Saudi Arabia’s Fashion Commission, in collaboration with IE University, Mohammed Bin Salman Nonprofit City (Misk City), the Misk Entrepreneurship Community, Proaltus Capital Partners, and Collateral Good, announced the launch of Saudi Fabric of...

NMDC Energy's 9-month revenue jumps 33 per cent to Dh13b

NMDC Energy has reported a 33 per cent year-on-year surge in 9-month revenue to Dh13 billion, driven by strong backlog execution and expanding operations across regional and international energy markets. Net profit increased 5 per cent to Dh951...

Saudi banks signal a pullback in lending after years of growth

Saudi Arabian banks are starting to show signs of pulling back on lending for the first time in years as liquidity tightness and new bank regulations make it more challenging to keep up with demand for credit. Medium-term lending by local banks...

Saudi labour reform can unlock new doors

Saudi Arabia’s reform of its sponsorship programme for overseas workers is seen as a precursor to the kingdom opening up to foreign investment as it diversifies its economy away from oil. But alterations to the kafala system are partial, with...

Blackstone, Saudis’ Humain ink US$3 billion data centre deal

Middle Eastern entities have also emerged as a particularly crucial source of funding for the capital-intensive sector [NEW YORK] Private equity giant Blackstone is partnering with Saudi Arabia’s new artificial intelligence (AI) company, Humain,...

President Ahmad Al-Sharaa discusses Syria’s economic recovery with Saudi ministers

Al-Sharaa to speak at ninth Future Investment Initiative conference in Riyadh He held meetings with Foreign Minister Prince Faisal bin Farhan, Minister of Interior Prince Abdulaziz bin Saud bin Naif Arab News LONDON: President of the Syrian Arab...