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Saudi Arabia Plans $40 Billion Push Into Artificial Intelligence
The Middle Eastern country is creating a gigantic fund to invest in A.I. technology, potentially becoming the largest player in the hot market. Read More
Saudi Arabia's VR Gaming Space Plans Major Move In The $40.2 Billion Industry
Saudi Arabia ... in the gaming industry. The Saudi government is also heavily investing billions of dollars in the themeparks and the amusement space. So as a Saudi entertainment industry ... Read More
Saudi Arabia outlines plans to invest US$38bil in esports
Saudi Arabia plans to invest 142 billion riyals (US$38bil/RM176bil ... drive innovation in the sector and further scale the entertainment and esports competition offerings across the kingdom ... Read More
Saudi Arabia Reports Surge in Foreign Investments for Q4 2023
Saudi Arabia has witnessed a significant surge in foreign direct investment (FDI) net inflows, hitting 13.1 billion Saudi riyals ($3.49 billion) in the fourth quarter of 2023, the Saudi General ... Read More
AWS Ventures Into Saudi Arabia: Plans Over $5.3 Billion Investment in Data Centers
Amazon Web Services (AWS), the cloud computing division of Amazon.com (AMZN.O), has revealed plans ... in Saudi Arabia by 2026, with a substantial investment surpassing $5.3 billion in the kingdom. Read More
Saudi Arabia gets US$13 billion in investment in tourism boost
SAUDI Arabia has attracted about US$13 billion in private sector investment into its tourism industry as it aims to share the cost of spending associated with its plan to become a ... project ... Read More
AWS to invest $5.3 to build data centers in Saudi Arabia to bolster tech in the region
The plan supports ... major stake in Saudi Arabia’s burgeoning technology industry, unveiling a plan this week to invest more than $5.3 billion in the Middle East kingdom to build data centers ... Read More
Saudi Arabia unlocks bold tourism plans for 2030 and beyond
Saudi Arabia has positioned ... target and “Vision 2030” plans. The Middle Eastern powerhouse is expected to ramp up its measures to drive tourism and investment in the region. Read More
Amazon Web Services plans to invest over $5.3 billion, launch infrastructure region in Saudi Arabia
announced plans to invest more than $5.3 billion (approx. SAR19.88 billion) in Saudi Arabia. Moreover, the American tech giant will launch an AWS infrastructure region in Saudi Arabia in 2026. Read More
Saudi Arabia plans to set up $10 billion oil refinery in Gwadar by year-end
for local and regional consumption Petroleum minister says with setting up of an oil refinery in Gwadar, Saudi Arabia will become an important partner in CPEC ... Read More
Saudi Arabia plans $40 billion push into artificial intelligence, NYT reports
Saudi Arabia's government plans to create a fund of about $40 billion to invest in artificial intelligence, the New York Times reported on Tuesday, citing three people briefed on the plans. Read More
Saudi Arabia Gets $13 Billion in Investment in Tourism Boost
Saudi Arabia has attracted about $13 billion in private sector investment into its tourism industry as it aims to share the cost of spending associated with its plan to become a new travel hot spot. Read More
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