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Saudi Arabia Opens Talks for $8 Billion Syndicated Sovereign Loan

The National Debt Management Center has begun discussions with international banks on an $8 billion syndicated loan as Saudi Arabia seeks to diversify government financing sources and meet capital requirements.
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King Salman Relief Centre Reports More Than $8.5 Billion in Global Aid Projects

The King Salman Humanitarian Aid and Relief Center said it has implemented 4,457 health, food-security and infrastructure projects worth more than $8.5 billion across 113 countr...

Saudi Weather Agency Issues Thunderstorm Alerts Across Multiple Regions

The National Center for Meteorology forecast thunderstorms and seasonal rainfall across several mountainous and coastal areas through September 9.

Jazan University Opens Future Skills Centre With AI-Based Training

Jazan University launched a regional future-skills centre with Atomcamp and national technology authorities, using artificial intelligence platforms to develop specialised digit...

Jeddah Industry Forum to Focus on Supply Chains and Local Manufacturing

The second Saudi Industry Forum will take place at Jeddah Superdome from September 14 to 16, with discussions centred on industrial supply chains and manufacturing localisation ...

Saudi Aramco Raises September LPG Selling Prices

Saudi Aramco increased official selling prices for September propane and butane shipments as global energy demand tightened, affecting benchmarks used by Asia-Pacific petrochemi...

Mohammed bin Salman and Abdel Fattah el-Sisi Discuss Regional Security

Saudi Crown Prince Mohammed bin Salman and Egyptian President Abdel Fattah el-Sisi held telephone talks covering bilateral relations, regional stability and security cooperation.

Saudi Aramco and Quantinuum Agree to Explore Industrial Quantum Computing

Quantinuum signed a non-binding memorandum of understanding with Saudi Aramco to explore quantum-computing research, industrial applications and technical knowledge sharing acro...

Mobily and BytePlus Form $150 Million Saudi Cloud Services Venture

Saudi telecoms company Mobily and BytePlus signed a $150 million investment agreement to deploy cloud-computing services and enterprise software across the Kingdom.

NHC Innovation Commits $800 Million to Khuzam Digital Valley

NHC Innovation announced an $800 million investment in Khuzam Digital Valley, a Saudi technology development planned to reach 65 megawatts of capacity by 2033.

Saudi Energy Signs Agreements to Power Expanding Data Centre Network

Saudi Energy reached framework agreements with National Grid Saudi Arabia, center3 and Huawei to develop electricity infrastructure supporting the Kingdom’s growing data-centre ...

Al Moammar Information Systems Plans $1.2 Billion Saudi Data Centre Expansion

Al Moammar Information Systems announced a $1.2 billion investment programme to increase its Saudi data-centre capacity to 192 megawatts as domestic demand for computing infrast...

Saudi Non-Oil Private-Sector Growth Reaches Six-Month High

Saudi Arabia’s non-oil private sector continued expanding in August as the purchasing managers index reached 53.8, supported by domestic orders, tourism demand and stronger comm...
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