[ad_1] Riyadh: Saudi mega project Neom’s tech subsidiary Tonomus partnered with stc group to secure a multi-year agreement for Low Earth Orbit (LEO) satellite connectivity in Saudi Arabia on Wednesday.…
Tag: Arabias
Saudi Arabia’s NEOM invests $100 million in Pony.ai
[ad_1] “This investment aligns with the ambitious plans announced by NEOM to achieve autonomous transportation solutions for the region,” said Majid Mufti, CEO of NIF. “Pony.ai’s autonomous driving technology is…
Saudi Arabia’s PIF wealth fund hires banks for debut sukuk -document
[ad_1] Oct 16 (Reuters) – Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has hired banks to arrange its debut dual-tranche U.S. dollar-denominated sukuk, a document showed on…
Saudi Arabia’s wealth fund launches electric vehicle infrastructure company
[ad_1] Oct 8 (Reuters) – Saudi Arabia’s Public Investment Fund (PIF) said on Sunday that it has partnered with the Saudi Electricity Company (SEC) (5110.SE) to launch an electric vehicle…
Saudi Arabia’s STC acquires 9.9% stake in Spain’s Telefonica
[ad_1] Saudi Telecom Company has acquired a 9.9 per cent stake in Spain’s Telefonica for 8.5 billion Saudi rials ($2.27 billion), STC said in a statement on Tuesday. The partnership…
WSJ News Exclusive | Saudi Arabia’s Aramco Considers Selling $50 Billion in Shares
[ad_1] The offering, likely on the Riyadh exchange, would be the largest in the history of capital markets. Similar previous plans have fallen through. [ad_2] Source link
Saudi Arabia’s multi-billion dollar football powerhouse bet
[ad_1] “It’s one element of a policy armoury that Saudi Arabia is currently deploying. We are talking about a contest between nations to win the hearts and minds of people…
Vision 2030: Saudi Arabia’s plan to future-proof its oil-based economy
[ad_1] A rendering of The Line, part of the Neom project, and its mastermind, Crown Prince Mohammed bin Salman. Neom/Getty Images Vision 2030 is Saudi Arabia’s grand plan to transform…
Dates, Coffee and Camels—Saudi Arabia’s Sovereign-Wealth Fund Bets Big at Home
[ad_1] After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at home, often on obscure startups and projects that it…