Saudi Arabia’s ACWA Power Co (TADAWUL:2082) will commence operations in the second half of 2024 for four domestic solar projects with a combined capacity of 2,620 MW and a total investment of SAR 11.5 billion (USD 3.06bn/EUR 2.81bn).
Across Saudi Arabia and worldwide, PIF leveraged its scale, stature, reach, and expertise to forge landmark partnerships, accelerate strategic sectors, and diversify its expanding asset base for continued growth and value creation.
The Ministry of Tourism reported that Inbound tourists spent over $37 billion in the Kingdom in 2023. According to the Ministry’s annual tourism statistics report for 2023
In what Goldman Sachs Research calls a “capex super-cycle,” Saudi Arabia is expected to invest $1 trillion across six strategic sectors by 2030. But the oil industry is likely to receive a smaller portion of this than previously forecast.
PwC Middle East’s latest IPO+ Watch highlights a total of 13 IPOs raised $2.6 bn in the region in Q2 2024, compared to the same number of IPOs in the corresponding period in 2023 that raised $1.8bn.
Calligraffiti is a captivating art form that blends the elegance and precision of calligraphy with the raw energy and freedom of graffiti. It's a dynamic style that combines traditional handwriting with a modern, urban attitude.
Building on previously announced reforms under Vision 2030 and the National Investment Strategy, the Cabinet has approved an updated investment law for Saudi Arabia.
The updated law brings together several existing freedoms and rights and expressly applies them under a unified framework.
In collaboration with The Communications, Space and Technology Commission (CST), HALO Space, has announced that it will conduct its next test flight in the Kingdom of Saudi Arabia this September.
