giga-projects
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Posted On NewsFDI jumps, but Saudi Arabia faces steep climb to hit target
Saudi Arabia’s foreign direct investment inflows rose by 24 percent in 2024, according to government statistics, hitting the country’s Vision 2030 target for the year. However, economists…
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Posted On NewsPIF’s Humain seeks data centre chief for Saudi AI plan
Humain, Saudi Arabia’s national artificial-intelligence company backed by the Public Investment Fund, is hiring a head of data centre estates as it moves from headline-grabbing deals…
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Posted On NewsRed Sea coral to get extra protection from tourists
Saudi Arabia has vowed to implement a series of measures to protect its Red Sea coral reef over the next five years as it pushes…
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Posted On NewsCanada must do more to capitalise on billion dollar Saudi projects
Canada and Saudi Arabia have made progress towards ending a five-year diplomatic spat and mending trade and economic relations. However experts say that more could…
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Posted On NewsCanada must do more to capitalise on billion dollar Saudi projects
Canada and Saudi Arabia have made progress towards ending a five-year diplomatic spat and mending trade and economic relations. However experts say that more could…
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Posted On NewsGulf still struggling to attract private cash for public projects
Lower oil prices are driving Gulf countries, particularly Saudi Arabia and the UAE, to involve private companies in financing critical infrastructure projects worth tens of…
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Posted On NewsSaudi Arabia estimates 2025 budget funding at $37bn
Saudi Arabia will need estimated funding of SAR139 billion ($37.02 billion) in 2025 to cover the potential budget deficit. Finance minister Mohammed Al Jadaan has…
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Posted On NewsSaudi Arabia’s FDI inflows fall 21%, putting 2024 target in doubt
Foreign direct investment into Saudi Arabia has fallen 21 percent year on year, according to the country’s statistics agency. In the third quarter of 2024,…
Liyana Parker
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