PIF announced the launch of Neo Space Group to provide innovative satellite and space solutions locally and globally. This is another industry Saudi Arabia has sought to open up to diversify its economy.
Author: ©Agence France-Presse
Saudia announced the largest aircraft deal in Saudi history on Monday (20). Arab country has invested heavily in aviation.
National center provides training in the hospitality, retail and agriculture sectors for people with disabilities. Another initiative helps them into jobs.
Microsoft is to invest the amount in Abu Dhabi-based artificial intelligence firm G42, the companies said on Tuesday (16).
The art of Talli embroidery is passed down through the generations in the Gulf, but disinterest from young people is threatening its continuity. Talli was added to Unesco’s Intangible Cultural Heritage list in 2022.
In January, average temperature in the country was 3.8C above normal for the period 1991-2020, the local meteorological department said. The drought threatens agriculture for the sixth consecutive year.
After Egypt Central Bank hiked interest rates, IMF released additional loan to the country. Pound was trading at a record low and prices rose.
The three countries were mandated by 198 signatories to the Dubai agreement to work together on a roadmap to limit global warming to 1.5 degrees Celsius.
Saudi Arabia drew 27 million foreign tourists last year and has established even more ambitious goal for the tourism industry.
The World Expo is set to take place from October 2030 to March 2031. Riyadh was chosen on Tuesday (28) over Busan and Rome.
FIFA announced its footballing showpiece will be hosted by Morocco, Portugal and Spain, but games will also be played in Uruguay, Argentina and Paraguay.
The organization recommended Wednesday (4) that the cartel members keep its current output reduction strategy to prop up prices.
The Arab country began construction to expand the world’s biggest natural gas field 80 kilometers north of Doha. The chairman of France’s TotalEnergies said the project will give relief to the market.
In a discussion on the topic, Sultan Al Jaber called on energy companies to reduce emissions and increase the use of renewable sources, telling they play an essential role in the climate solution.
