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  • IBM inaugurates regional Saudi headquarters in Riyadh

    Krishna said that the investment in Saudi Arabia reinforces the firm’s longstanding commitment to the Kingdom. IBM first established its presence in Saudi Arabia in 1947, and has since worked on hundreds of projects in the government and private sectors. In recent years, IBM has worked with government, businesses and partners to help enhance the Kingdom’s tech landscape, including the local digital infrastructure, tech ecosystem and Saudi talent.

  • Neom: A guide to the 10 projects in Saudi Arabia’s mega-development

    Ever since The Line hit international headlines, there has been huge interest in this $500 billion city in north-west Saudi Arabia.

    From the world's largest megastructure to the region's first major outdoor skiing destination, there's plenty to look forward to. And there has been a flurry of new communities announced within the past few months.

    Here's a review of all the regions coming up.

  • All about Saudi Founding Day

    Saudi Founding Day or just Founding Day is all about celebrating Diriyah becoming the capital of the First Saudi State in 1727. Introduced in 2022, the holiday involves fireworks, drone shows, and people dressed in traditional outfits of their region. Folklore dances are an integral part of the Saudi national celebrations as well and you can find street performers on most major streets of the capital.

  • French Rafale ‘Dogfights’ Eurofighter Typhoon For Lucrative Saudi Fighter Contract

    The Dassault Rafale is a twin-engine multi-role aircraft that can carry out air-to-air combat or can drop bombs on targets in air-to-ground missions, and owing to its cameras, radars, and sensors, can be used for intelligence gathering. The French fighter jet has already been deployed in Afghanistan, Libya, Iraq, Syria, and Mali, where it flew its most extended mission in 2013, spanning nine hours and 35 minutes.

  • Saudi-Backed Esports Firm to Run New ‘Overwatch’ Competitions

    The series replaces the Overwatch League, an attempt by Activision Blizzard, now owned by Microsoft, to run city-based teams where fans could cheer their local franchises much as they do with football or baseball. After the league failed to live up to its ambitions, Activision Blizzard offered team owners $6 million each to exit — or $114 million. ESL is part of the Savvy Games Group, a video-game unit of the Saudi sovereign wealth fund.

  • Saudi Arabia jumps 25 places in World Bank’s national statistics indicator

    Saudi Arabia’s economic data is demonstrating increased availability and maturity, with the nation advancing 25 places on the World Bank’s most recent Statistical Performance Indicators report. The Kingdom ranked first in the Gulf region and advanced four places among countries of the G20 to rank 15th, compared to 19th in 2019. The World Bank’s ranking takes into account the maturity and performance of the statistical systems of 186 countries.

  • Al Nassr postpones matches in Shenzhen due to uncontrolled circumstances

    In an unexpected turn of events, Al Nassr Club has announced the postponement of its highly anticipated matches in Shenzhen, initially scheduled for Jan. 24 and 28.

    The club cited unforeseen circumstances beyond their control as the reason for this delay, with new dates yet to be determined. Despite this setback, Al Nassr expressed deep respect for Chinese football enthusiasts, particularly fans of star player Cristiano Ronaldo.

  • Saudi cabinet reaffirms Kingdom’s strong stance against Israel’s attacks on Gaza

    King Salman on Tuesday chaired a session of the Saudi cabinet in Riyadh reaffirming the Kingdom's strong stance against Israel's attacks on the Gaza Strip. The Council of Ministers stressed the necessity of an immediate ceasefire and for the prevention of the displacement of the population of Gaza.

  • Saudi Arabia set to allow foreign investments in real estate of companies in Makkah and Madinah

    Mohammed Elkuwaiz, chairman of the Board of Directors of the Saudi Capital Market Authority (CMA), said that the authority intends to allow non-Saudis to invest for the first time in listed companies that own real estate in the holy cities of Makkah and Madinah. The authority is working to diversify financing products in the capital market during the current year by developing the debt market, real estate contributions, and a number of developments in the funds sector.

  • Aramco awards $3.3bn gas facility contracts to Sinopec and Tecnicas Reunidas

    Aramco has awarded contracts worth more than $3.3 billion to Chinese company Sinopec and Spain’s Tecnicas Reunidas to build a gas facility in Saudi Arabia. According to a disclosure on the Spanish Stock Exchange, Sinopec will own 65 percent of the project and Tecnicas Reunidas will have a 35 percent share. The contract includes the development of a new facility in Saudi Arabia called Riyas natural gas liquids at the Jafurah unconventional gas production project.