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  • Aramco to acquire 50% stake in Air Products Qudra’s Blue Hydrogen Industrial Gases Company

    Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ). The transaction, which is subject to standard closing conditions, will also include options for Aramco to offtake hydrogen and nitrogen.

  • Saudi Arabia is set to gain another stadium, amid a flurry of new builds and upgrades.

    The New Murabba Development Company, which is owned by Saudi Arabia’s Public Investment Fund (PIF), today unveiled designs for the new venue. The 45,000-capacity stadium will be located in the Saudi capital of Riyadh and is anticipated to be complete by the end of 2032. The development company said the venue would feature “cutting-edge” sporting technology, while renderings show the stadium in football mode – suggesting that it could be used for the 2034 FIFA World Cup in Saudi.

  • KAUST joins Saudi AgriFood Tech Alliance

    The Ministry of Environment, Water and Agriculture announced the launch of the first Saudi AgriFood Tech Alliance with KAUST, a founding member alongside the Research, Development and Innovation Authority and Topian, the NEOM Food Company. The alliance aims to provide a platform to unite and mobilize a complementary network of food and agriculture stakeholders, catalyzing the national-scale deployment of AgriFood technological solutions.

  • Saudi Arabia Ranks Second Among G20 in ICT Development for Second Year

    The Kingdom of Saudi Arabia has secured the second position among the Group of Twenty (G20) countries for the second consecutive time in the 2024 ICT Development Index published by the United Nations International Telecommunication Union (ITU). The index tracks the digital development and progress of 170 countries in information and communication technology (ICT) services through sub-indicators divided into two axes: inclusive and effective communication.

  • Saudi Arabia Announces Carbon Capture And Utilization Challenge For Startups

    Saudi Arabia appears to be doubling down on carbon capture as part of its plans to create a circular economy. Last week the country’s Ministry of Economy and Planning (MEP) and Ministry of Energy (MoEnergy) unveiled the Carbon Capture and Utilization Challenge. The challenge invites startups from across the globe to present innovative approaches to reduce carbon emissions through sustainable system transformations. This includes advancements in carbon capture technologies, novel applications for carbon utilization, and industrial integration.

  • ‘Magic Rounds’: Saudi Pro League 2024-25 fixtures announced with revamped approach

    The 306-match campaign kicks off on the weekend of August 22, when reigning champions Al Hilal will visit Al Akhdoud, which only secured its Pro League survival on the final day of the 2023-24 campaign – an achievement that sparked memorable scenes as coach Noureddine Zekri danced across the pitch.

  • A who’s who guide to the Saudi Arabia 2024 Paris Olympic team

    After sending a record-breaking delegation to the Tokyo 2020 Olympics of 33 athletes, 22 of whom made up the men’s football squad, Saudi Arabia has confirmed that only nine competitors across four different sports will be heading to Paris for the 2024 Games.

  • Saudi Arabia’s Muvi Cinemas Adds Four Imax Locations

    Muvi Cinemas, the largest exhibitor in Saudi Arabia, has struck a deal with Imax Corp to install four IMAX with Laser systems in its cinemas two in capital city Riyadh; one system to Jeddah’s Mall of Arabia; and the first IMAX system to Dhahran. Three of the new locations are scheduled to open by the end of 2024, with the last in 2025.

  • Imax, Muvi Cinemas Sign Four-Theater Deal in Saudi Arabia

    Imax and muvi Cinemas, the major Saudi Arabia exhibitor, have signed a four-theater deal. The agreement will see muvi Cinemas open two Imax theaters with laser systems in Riyadh, another in Jeddah’s Mall of Arabia and a fourth system will open in Dhahran. All four locations are scheduled to open by 2025. Imax already has 10 theater screens in Saudi Arabia, with another 22 to open through separate deals with major exhibitors like Vox Cinemas, a major Middle Eastern movie theater chain, and AMC Cinemas.

  • Saudi Arabia investing $180 billion to develop green economy, says minister

    Saudi Minister of Economy and Planning Faisal Al-Ibrahim said that Saudi Arabia plays a pivotal role in achieving global climate-related goals, with more than 80 initiatives and investments exceeding $180 billion to develop the country's green economy, in addition to establishing its position as a leader in renewable energy.