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Friday, Jul 10, 2026
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Saudi Public Investment Fund Launches Three Billion Dollar Artificial Intelligence Venture Capital Fund

The Public Investment Fund has created a new venture capital fund focused on early-stage Saudi and international artificial intelligence startups, supporting efforts to expand the Kingdom’s digital economy and technology capabilities under Vision 2030.
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Key Trends to Watch

Saudi Arabia continues to expand economic diversification efforts through investment in technology, tourism, manufacturing, and logistics as the Kingdom seeks to reduce reliance...

Saudi Universities Expand Global Research Partnerships in Artificial Intelligence and Engineering

Saudi Arabia’s Ministry of Education has confirmed new university partnerships and exchange programmes with international academic institutions focused on artificial intelligenc...

Saudi Arabia Advances Critical Mineral Exploration to Support Industry and Energy Goals

The Ministry of Industry and Mineral Resources reported progress in mineral exploration projects that could support future domestic mining activity and supply materials needed f...

Saudi Space Agency Expands International Partnerships for Deep Space Research

The Saudi Space Agency has announced new cooperation agreements with international space organizations focused on deep space exploration, satellite communications, and developin...

Saudi Economy Ministry Forecasts Continued Non-Oil Growth Through Twenty Twenty-Six

The Ministry of Economy and Planning expects sustained expansion in Saudi Arabia’s non-oil economy, supported by investment in tourism, retail, and manufacturing sectors.

Saudi Arabia and Global Financial Institutions Develop Green Finance Frameworks

Saudi finance officials have met with international financial institutions to establish new approaches for green financing and sustainable investment supporting infrastructure p...

Saudi Arabia Expands Aviation Network and Modernizes Regional Airports

The Ministry of Transport and Logistic Services has approved plans to upgrade regional airports and expand aviation partnerships to increase passenger and cargo capacity through...

Saudi Arabia Launches Biotechnology and Healthcare Research Initiative

The Saudi Health Council has announced a major research programme focused on biotechnology, genomics, and advanced medical diagnostics to strengthen domestic healthcare capabili...

Saudi Arabia Accelerates Housing Development Projects in Riyadh and Dammam

The Ministry of Municipal, Rural Affairs and Housing has begun new residential projects using advanced construction methods to address housing demand and support higher home own...

Saudi Arabia Expands Defense Cooperation With Indo-Pacific Partners

Saudi defense officials have held high-level discussions with Indo-Pacific countries on technology cooperation, military training, and defense modernization as part of broader s...

Saudi Private Sector Employment Among Citizens Continues to Rise

The Ministry of Human Resources and Social Development reported continued growth in Saudi national employment in private companies, with stronger participation in technology, fi...

Saudi Arabia and Regional Partners Advance Next-Generation Water Desalination Research

The Saudi Water Conversion Corporation and regional partners have launched a research initiative focused on advanced desalination technologies designed to improve water security...
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