The landmark 1.5GW renewable-powered facility at Oxagon signals the Kingdom’s accelerating investment in AI infrastructure, sustainable computing and next-generation digital cities.
Karl Burke’s eight-year-old took a first Group One win in Saudi Arabia.
Arabian Gulf Business Insight on MSN

Neom uncertainty leaves $10bn joint venture in limbo

A multi-billion dollar joint venture between Saudi Arabia’s giga-project Neom and DSV, one of the world’s largest logistics groups, remains in limbo as tighter fiscal conditions force the kingdom to ...
A power outage at Prince Mohammed bin Fahd Stadium halted the Al-Khaleej vs NEOM match for nearly 20 minutes before play ...
Saudi Arabia froze Red Sea resort expansion to fund Project Transcendence, a $100B AI initiative. The capital shift mirrors a ...
The leadership change comes as slowing megaprojects and weak foreign inflows expose gaps in the kingdom’s ambitious economic ...
NEOM’s Level Up Accelerator has supported more than 45 Saudi startups since 2023, deploying 15 investments with a 100% survival rate. Level Up enabled Saudi Arabia’s first international publishing ...
Saudi Arabia is set to scale back its ambitions for the massive NEOM project, which was initially expected to cost $8.8 trillion. Canada seals deal on EU defence procurement as Munich summit tests ...
Satellite view of construction progress at the Western portion of Neom, the Line, Saudi Arabia, 2023. [Photo: Gallo Images/Orbital Horizon/Copernicus Sentinel Data 2023] The scaling back follows years ...
HSBC has hired a capital markets executive from Saudi Arabia’s sovereign wealth fund, the Public Investment Fund. Faisal ...
Reports of delays at Neom — often citing unnamed sources — have circulated frequently. Now we have the confirmed postponement of the Asian 2029 Asian Winter Games in Trojena. Saudi Arabia’s ...
President Abdel-Fattah El-Sisi headed to Saudi Arabia on Monday, where he is scheduled to meet Crown Prince and Prime Minister Mohammed bin Salman.