Saudi Press

Saudi Arabia and the world

Saturday, May 30, 2026

Public Investment Fund Expands Global Artificial Intelligence Infrastructure Investments

Saudi Arabia’s Public Investment Fund has announced a major new allocation of capital to artificial intelligence data centers and advanced semiconductor research, reinforcing the Kingdom’s ambition to secure a larger role in the global technology sector under its Vision 2030 strategy.

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Related Articles

Ministry of Culture Expands Support for Heritage Preservation and Arts Programs

New funding and regulatory initiatives will support cultural and heritage projects across the Kingdom, helping preserve local traditions while encouraging growth in the cultural...

Saudi Arabia Advances Education Reforms Focused on Future Workforce Skills

The Ministry of Education has introduced curriculum updates emphasizing science, technology, engineering and mathematics subjects to better prepare students for the demands of a...

Public Investment Fund Expands Entertainment and Retail Investments Beyond Major Cities

New capital allocations will support the development of entertainment venues, retail centers and hospitality projects in secondary cities as part of efforts to broaden economic ...

Major Saudi Cities Launch New Green Space and Urban Development Projects

Authorities in Riyadh, Jeddah and Medina have announced additional investments in parks and sustainable urban planning initiatives aimed at improving quality of life and support...

Ministry of Sports Secures New Partnerships for International Esports and Football Events

Saudi Arabia has expanded its portfolio of global sporting partnerships through new agreements covering major esports competitions and professional football tournaments, further...

Saudi Arabia Expands International Research Partnerships on Climate Resilience

The Kingdom has launched a joint initiative with leading international research institutions to study desertification and water management, with a focus on developing practical ...

Ministry of Health Reports Progress in Digital Healthcare and Biotechnology

Saudi health authorities highlighted advances in telemedicine infrastructure and domestic biotechnology research as part of ongoing efforts to modernize healthcare services and ...

Local Manufacturing Output Continues to Grow Across Key Industrial Sectors

Updated figures from the National Industrial Development and Logistics Program show continued expansion in machinery, automotive components and specialized industrial equipment ...

Public Investment Fund and Saudi Aramco Launch Advanced Manufacturing Initiatives

New joint projects between the Public Investment Fund and Saudi Aramco will focus on chemical production and advanced materials manufacturing, supporting industrial diversificat...

Saudi Arabia Accelerates Port and Logistics Infrastructure Upgrades

National infrastructure agencies have advanced timelines for major projects at Jubail and Yanbu, aiming to increase export capacity and strengthen the Kingdom’s position as a gl...

Saudi Arabia Introduces New Measures to Attract Foreign Investment

The government has approved amendments to commercial and financial regulations designed to simplify business procedures, improve transparency and make it easier for internationa...

Saudi Arabia Strengthens Role in Regional Diplomacy and Conflict Mediation

The Ministry of Foreign Affairs continues to pursue diplomatic initiatives focused on de-escalation, mediation and regional stability, reflecting the Kingdom’s broader commitmen...

Saudi Press

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Saudi Press

Saudi Arabia and the world

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