White House Press Secretary Karine Jean noted that the agreements will anchor Saudi Arabia’s new international airline together with support for a new international airport. This partnership is another milestone in eight decades of cooperation between Saudi Arabia.
Riyadh-based private consultancy firm Mukatafa has signed a MOU with Saudi Arabia’s Ministry of Economy and Planning to improve the Kingdom's development plans and enable sustainable growth, according to Arab News.
Saudi-based NEOM Green Hydrogen Co. has signed finance agreements with several financial institutions totaling $8.5 billion, Arab News reports, to finance its clean energy facility.
Saudi Arabia celebrated its newest national holiday, Founding Day, for the second time on February 22nd which honors the establishment of the Saudi state and is marked by traditional demonstrations across the Kingdom.
The 2023 LEAP conference ended on Thursday in Riyadh, with major deals for cloud computing centers and announcements of investments into the Kingdom's tech sector in hopes of creating a vibrant startup ecosystem.
Saudi Arabia’s Public Investment Fund (PIF) has signed a joint venture agreement with New Jersey-based AeroFarms to establish a company in Riyadh to build and operate indoor vertical farms
Saudi Arabia is set to relax its visa entry requirements further with a new program to boost tourism that grants a four-day visa to those who fly into the Kingdom on its national carrier, Saudia, according to reports.
Neom's OXAGON city will see its first hotel opening in 2025, according to a report, as development across the Kingdom's giga-projects continues forward.
Bloomberg columnist and senior resident scholar at the Arab Gulf States Institute in Washington Hussein Ibish joins The 966 to talk about global diplomacy, U.S.-Saudi relations, energy markets, Saudi Arabia as an emerging power, and so much more.
South Korea's Hyundai Motors has joined the race to build EV cars in Saudi Arabia, signing a memorandum of understanding with Saudi Arabia's Ministry of Industry and Mineral Resources to build a factory for the complete assembly of electric cars in the Kingdom, the Saudi Press Agency (SPA) reported.
