Latest News for: Saudi arabia market

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Data embassies and US embargo halt give Saudi AI hope

Computer Weekly 23 May 2025
Saudi Arabia’s (KSA’s) attempt to turn from one of the least to most developed data markets in the world has advanced with measures it and the US have taken to encourage investors to build artificial intelligence (AI) datacentres in the country.
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Saudi Arabia’s bet on deep tech to shape future of energy

Arab News 23 May 2025
Saudi Arabia stands at a pivotal juncture, embarking on a profound economic and technological transformation aimed toward building a knowledge-based economy.  ... Saudi Arabia is uniquely positioned to blend these distinct strategies.
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Weak demand and energy crisis in Middle East steel sector; situation critical in Iran

Steel Radar 23 May 2025
Situation in Jordan and Saudi Arabia. In Jordan’s relatively small market compared to Iraq, Saudi Arabia, and the UAE, a similarly gloomy picture prevails ... Saudi Arabia ... Current prices in Saudi Arabia..
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Shipbuilder Fincantieri in deal with Saudi Red Sea Authority for maritime development

Gulf News 22 May 2025
Fincantieri, which has a portfolio spanning civilian and naval shipbuilding, views the Red Sea region as a growing market aligned with Saudi Arabia’s Vision 2030 goals, which include expanding tourism and reducing economic dependence on oil.
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Saudi Arabia’s mega Neom hydrogen plant struggles to find buyers

Gulf News 22 May 2025
The world’s largest green hydrogen project being built in Saudi Arabia’s Neom is facing an uncertain future as it struggles to find international buyers for the fuel ... Beyond Neom, Saudi Arabia had ...
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Unlocking mineral wealth for a new age of development

Arab News 22 May 2025
Saudi Arabia understands the stakes and the benefits of cross-border infrastructure for a new era of minerals and global development ... Khalid Al-Mudaifer is Saudi Arabia’s vice minister for mining affairs.
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Redington inaugurates new office in Riyadh

Saudi Gazette 22 May 2025
Redington, a leading technology aggregator and innovation powerhouse across emerging markets, today announced the inauguration of its new office in Riyadh, Kingdom of Saudi Arabia.This milestone marks ....
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GCC retail industry projected to reach $390 billion by 2028

Gulf News 22 May 2025
The retail market is divided into two major categories ... Saudi Arabia and the UAE remain the largest retail markets in the GCC, accounting for more than 75% of the region’s retail sales.
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Personal Luxury Goods Market Revenue to Worth USD 526 billion by 2029 2030- Exclusive Research ...

GetNews 22 May 2025
"Personal Luxury Goods Market Research Report by Arizton" ... Market Size (2030) ... Market Size (2024) ... Market Segmentation ... Market Overview ... Additionally, brands are expanding in emerging markets ... Middle East & Africa UAE Saudi Arabia South Africa Turkey.
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We Are At The Precipice, The Swamp Is Fighting Back, Calm Before The Storm – ...

X22 Report 22 May 2025
According to Bloomberg, the group of 12 major oil-exporting nations, including Saudi Arabia, UAE, and others, is considering a July increase of 411,000 barrels per day (bpd)—roughly triple the previously planned amount.
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In Saudi Arabia’s transformation, Indian tech talent’s becoming key

The Times of India 21 May 2025
Sandeep Chiber, EVP of sales & Revenue at Aurionpro Solutions, a global banking technology solutions firm, says the Middle East is a key growth market for the company, with Saudi Arabia at its centre.
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Chinese entrepreneurs expand footprint in Middle East

People Daily 21 May 2025
As an entrepreneur hailing from Shaxian, Zhang has ambitious plans to expand the brand across Saudi Arabia ... As part of efforts to tap into this growing market, Chen made over 10 trips between Fujian and Saudi Arabia last year.
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Strong investor confidence as 11 GCC IPOs raise $1.6b in Q1

Khaleejtimes 21 May 2025
This performance cements Saudi Arabia’s role as the region’s powerhouse for capital market development, fueled by its ambitious economic diversification agenda ... across Saudi Arabia, the UAE, and Oman.
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Saudi Arabia’s flynas IPO priced at SAR80 after huge investor demand

Gulf News 21 May 2025
flynas’s successful bookbuilding round and strong market interest underline growing investor confidence in Saudi Arabia’s Vision 2030 strategy, and in the broader strength of its capital markets.
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OPEC+ again targets US shale oil to win back market share

Middle East Online 21 May 2025
MOSCOW/LONDON - Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing a second objective ... For Saudi Arabia, that figure is over $90 per barrel.

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