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Diriyah Company awards Arena Block construction contract to Chinese engineering firm

Diriyah Company awards Arena Block construction contract to Chinese engineering firm

Diriyah Company formally awarded a contract worth $1.53 billion (SAR 5.75 billion) to a branch of the China Harbour Engineering Company Ltd for the construction works of the Arena Block, a district that includes the multi-purpose indoor Diriyah...

How drone show technology is redefining experiences in the Gulf’s events industry

How drone show technology is redefining experiences in the Gulf’s events industry

In the Gulf region, luxury and high-end events have always celebrated originality and creative identity. A private party, a brand launch, a royal celebration – no matter the event, it’s planned meticulously to leave a lasting impression. At the...

Mysterious black hole spotted between colliding galaxies confounds researchers

Mysterious black hole spotted between colliding galaxies confounds researchers

A mysterious black hole spotted between two galaxies that are crashing into each other is challenging existing theories on how these powerful cosmic objects are formed. Researchers behind the study were surprised as black holes are typically found...

Saudi law allowing foreigners to buy homes sparks price fears

Saudi law allowing foreigners to buy homes sparks price fears

Saudi Arabia's decision to allow foreign ownership of real estate in designated areas, set to take effect in January 2026, is reshaping the country's property landscape but not without fears of inflated house prices and affordability challenges...

Paytm sets up wholly-owned subsidiary in Saudi Arabia to expand digital payments

Paytm sets up wholly-owned subsidiary in Saudi Arabia to expand digital payments

One 97 Communications Limited (Paytm) announced on Thursday that its wholly-owned subsidiary Paytm Cloud Technologies Limited (PCTL) has incorporated a step-down subsidiary in Saudi Arabia named “Paytm Company”, marking its entry into the...

US targets Chinese tech in undersea internet infrastructure

US targets Chinese tech in undersea internet infrastructure

The United States government is adding new tools to prevent Chinese technology companies from using its computer systems for undersea internet cables. These cables are the invisible backbone of the internet, shuttling data under the seas and...

Piyush Goyal Holds Talks With Saudi Minister To Boost Trade And Investment Ties

Piyush Goyal Holds Talks With Saudi Minister To Boost Trade And Investment Ties

New Delhi, July 17 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday said that he held “a productive meeting” with Faisal bin Fadel Al-Ibrahim, Saudi Arabia’s Minister of Economy and Planning. Discussed strengthening India-Saudi...

Saudi Arabia In-Vitro Diagnostics Market Report 2025-2030 Featuring Abbott, BD, Bio-Rad Laboratories, Biomerieux, Danaher, Nihon Kohden, Roche, Siemens Healthineers, Sysmex, Thermo Fischer Scientific

Saudi Arabia In-Vitro Diagnostics Market Report 2025-2030 Featuring Abbott, BD, Bio-Rad Laboratories, Biomerieux, Danaher, Nihon Kohden, Roche, Siemens Healthineers, Sysmex, Thermo Fischer Scientific

(MENAFN- GlobeNewsWire - Nasdaq) Saudi Arabia's in-vitro diagnostics market is set to grow from USD 734.7M in 2024 to USD 932.3M by 2030, driven by a rising elderly population and chronic disease prevalence. Saudi Arabia leads the GCC region in...

Human Rights Commission, King Khalid Foundation seal cooperation agreement

Human Rights Commission, King Khalid Foundation seal cooperation agreement

Saudi Arabia’s Human Rights Commission (HRC) and the King Khalid Foundation have formalized a strategic partnership aimed at advancing human rights across the Kingdom. The cooperation agreement, signed Thursday in Riyadh, brings together two major...

UAE femtech Ovasave secures $1.2 million to expand in Saudi, GCC

UAE femtech Ovasave secures $1.2 million to expand in Saudi, GCC

UAE-based femtech startup Ovasave, backed by Abu Dhabi’s Hub71, has raised $1.2 million in pre-seed funding from regional and international investors. The round was led by PlusVC, Annex Investments, and 25 Madison, with participation from...

Saudi Space Agency marks milestone as ‘Madak Space’ experiments safely return from ISS

Saudi Space Agency marks milestone as ‘Madak Space’ experiments safely return from ISS

The Saudi Space Agency announced yesterday the successful execution and safe return to Earth of experiments conducted in microgravity by ten student winners from Saudi Arabia and various Arab countries as part of the “Madak Space” competition....

Saudi property market offers promise of reliable returns for global investors

Saudi property market offers promise of reliable returns for global investors

Global investors are now sizing up the profit returns from Saudi Arabia's real estate market, as the kingdom's once closed-off sector will soon be accessible. Interest has peaked, especially as opportunities to buy into megaprojects such as Neom's...

Saudi Arabia to spur FDI with real estate shake-up

Saudi Arabia to spur FDI with real estate shake-up

Starting from January, Saudi Arabia will allow foreigners to buy real estate as an updated property law comes into force. Seen by industry insiders and analysts as a critical component of its Vision 2030 program to diversify the economy, the...

Indian engineer arrested in Saudi Arabia over ‘fake degree’ from 30 yrs ago

Indian engineer arrested in Saudi Arabia over ‘fake degree’ from 30 yrs ago

A 66-year-old Indian engineer, who worked in Saudi Arabia three decades ago, has been arrested at a Saudi airport on his return from a Hajj pilgrimage, facing accusations of submitting a forged degree certificate when he first began his...

Diriyah awards $1.53bln contract to develop mixed-use Arena district in Saudi

Diriyah Company, the developer of Saudi Arabia's premier historical, cultural, and lifestyle destination, has awarded a contract worth $1.53 billion to Branch of China Harbour Engineering Company for the construction works of the Arena Block, a...

Saudi gas plant award set aside in London

Saudi gas plant award set aside in London

The Commercial Court in London has ruled that an ICC tribunal was wrong to accept jurisdiction over a claim against a Spanish construction and engineering group relating to work on a Saudi gas plant, finding the dispute belongs in ad hoc...

Riyadh’s traffic problem may finally have a solution

Riyadh’s traffic problem may finally have a solution

In the country’s most recent move in introducing flying taxis into daily transportation, Saudi Arabia will be producing several thousand eCopters. Check out FlyNow eCopters in Saudi Arabia. FlyNow Aviation’s electric air vehicles, all of which...

The six Arab scientists who were mysteriously murdered

The six Arab scientists who were mysteriously murdered

Dr. Samia Abdel Rahim Maimani was Saudi Arabia’s first female neurosurgeon. She was ambitious to serve as a neurosurgeon as her father had died from a skull fracture that resulted from a car accident. Her greatest achievement was finding a...

Saudi Arabia to expand railway network by over 50% under transport strategy

Saudi Arabia to expand railway network by over 50% under transport strategy

Saudi Gazette report RIYADH — Saudi Arabia aims to double the transport and logistics sector’s contribution to GDP, expand its railway network by over 50%, and more than double current passenger capacity at its airports, as part of a national...

Israel and US to forge $200m tech hub for AI and quantum science development

Israel and US to forge $200m tech hub for AI and quantum science development

Israel and the US are advancing a strategic initiative to create a joint science center for artificial intelligence and quantum innovation at an investment of $200 million. The center will serve as a hub to promote technology-driven cooperation...

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