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  • UK-based dissident can sue Saudi Arabia for alleged spyware, court rules

    A prominent Saudi dissident who accuses Saudi Arabia of targeting him with spyware can sue the kingdom in London, his lawyers said on Monday. Yahya Assiri, a founder of the opposition National Assembly Party (NAAS) who lives in exile in Britain, alleges his electronic devices were targeted with surveillance software between 2018 and 2020. He is suing Saudi Arabia at London's High Court, saying the country used Pegasus - made by Israeli company NSO Group and sold only to nation states - and other spyware made by lesser-known Israeli firm QuaDream because of his work with dissidents.

  • Saudi Arabia Announce First Batch of Companies Eligible for Exploration Enablement Program (EEP)

    Launched at the Future Minerals Forum (FMF) in January 2024, this initiative aims to attract global investments and drive growth in Saudi Arabia’s mining and mineral industry as outlined in Vision 2030. The program attracted interest worldwide, with companies proposing innovative exploration ideas that align with the EEP’s objectives. After a thorough evaluation by key authorities and experts, six companies with 49 applications were chosen for the program from a competitive pool of 82 applications submitted by 18 companies.

  • Consulting Industry Booms in the UAE, Saudi Arabia: Video

    The difficult road to partnerships and promotions at some of the world’s largest consulting firms can run through the Middle East these days. And for McKinsey and BCG, the region ranks among the strongest globally based on revenue and profitability. Bloomberg News' Abeer Abu Omar discusses the industry's playbook with Jennifer Zabasajja on Horizons Middle East & Africa.

  • Saudi Arabia: First week of Riyadh Season welcomes two million visitors

    The first week of Riyadh Season 2024 drew in an impressive two million visitors, Saudi Arabia’s General Entertainment Authority (GEA) announced on Sunday. With an exciting lineup of events and attractions, Riyadh Season 2024 is poised to solidify the Saudi capital’s status as a global entertainment destination, the Chairman of the GEA Turki AlAlshikh said in a statement carried by the Saudi Press Agency (SPA).

  • Temasek, Saudi Arabia’s PIF rated highest for credit metrics and liquidity by Moody’s

    Temasek Holdings and Saudi Arabia’s Public Investment Fund (PIF) have the strongest intrinsic credit quality, among the 11 government-owned investment holding companies (IHCs) it rated, said Moody’s Ratings in an Oct 17 report. The rating agency explained that while credit quality of the rated government-owned IHC is generally closely aligned with that of its government, intrinsic credit quality generally varies, as it is a reflection of the IHC’s standalone credit strength, excluding extraordinary government support.

  • Saudi Arabia’s Next Giga Project Is a Gigantic Cube in Riyadh

    Already, New Murabba Development Co. has excavated more than 10 million cubic meters out of the ground to prepare for the Mukaab’s construction. The developer is planning to award contracts worth tens of billions of riyals in the coming year that will stock the building and its surrounding area with entertainment venues, educational institutions, health care facilities and a 45,000-seat stadium, Dyke said.

  • Saudi Arabia and Spain look to boost $3.2bn trade ties

    Saudi Arabia and Spain are looking to boost $3.2bn trade ties as the countries meet to discuss investment opportunities. Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef began an official visit to Spain on Thursday, aimed at enhancing industrial and mining cooperation and exploring shared opportunities in advanced industrial sectors, including aerospace and aviation, which are a focus of the National Industrial Strategy.

  • How AI-driven robotics is transforming healthcare in Saudi Arabia

    Robots have lived among us for years, from our factory assembly lines to the autonomous vehicles sorting our parcels. Now, with rapid advances in artificial intelligence, our robot companions are taking on even more sophisticated tasks — even heart surgery. According to the World Economic Forum, the market for robot-assisted surgery is expected to surpass $14 billion by 2026. Having invested heavily in health sector innovation, Saudi Arabia is already making significant strides in the adoption of AI-driven robotics in medicine.

  • Saudi Arabia Seeks to Expand Local Helicopter Production With Leonardo

    Saudi Arabia is in talks with Leonardo to expand their collaboration by localizing the production of helicopter components. Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar Alkhorayef, and Leonardo Chairman Stefano Pontecorvo met in Milan to discuss a deal to support manufacturing aircraft structures, propellers, and advanced electronic flight systems. The partnership would also include developing capabilities in maintenance and repair service, as well as producing spare parts for engines, drones, and navigation systems. Leonardo has been working in Saudi Arabia for more than four decades, supplying fighter aircraft, avionics, surveillance, naval, and space systems, among others.

  • Saudi Arabia can achieve clean water entirely by renewable energy-powered desalination, executives say

    A nationwide supply of clean water produced entirely by renewable energy-powered desalination in Saudi Arabia is possible, according to top industry executives. Mohammed Al-Hajjaj, CEO of Engie Saudi Arabia, spoke to Arab News about how advances in technology and affordability meant that fully renewable desalination is a possibility. “In recent years, we have seen significant advances in energy storage, making it not only feasible and practical, but also increasingly affordable,” he said on the sidelines of the Solar & Storage Live KSA exhibition in Riyadh on Wednesday.