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.