Saudi Arabia has released details for National Day 2024
Saudi Arabia
Elon Musk
Saudi Prince Alwaleed, Jack Dorsey among key investors in Elon Musk’s $44bn X acquisition
This comes as a result of a 2023 lawsuit by ex-Twitter employees claiming Musk breached arbitration agreements post-acquisition
Metro Rail
Riyadh Metro will open this year: Minister
Saudi Minister of Transport and Logistics Services Saleh Al Jasser says Riyadh Metro will open this year
GaStat
Saudi non-oil exports climb 10.5%
Non-oil exports from Saudi Arabia are flourishing according to GASTAT figures
Abu Dhabi National Energy Company
TAQA and JERA achieve financial closing of SATORP’s cogeneration plant
Build with cutting-edge technology, the plant in Jubail will supply 475MWs of power and nearly 452 tonnes per hour of steam
Cristiano Ronaldo
Cristiano Ronaldo breaks YouTube records, shares videos of life in Saudi Arabia
Cristiano Ronaldo launches YouTube channel and breaks records in one hour
mineral resources in saudi arabia
Saudi Arabia’s Najran has $38.6bn in mineral resources, exports goods to 25 countries
Najran in Saudi Arabia has thriving industrial and mining industries on top of more than $38bn in mineral wealth
NEOM
Jobs in Saudi Arabia: NEOM announces major recruitment drive
NEOM Green Hydrogen Company virtual recruitment event sees 9,000 registrations
Dar Global
Dar Global eyes investments in London and Saudi Arabia, appoints Rothschild & Co to plan growth
Saudi real estate developer Dar Global appoints Rothschild & Co to aid investment growth
saudi tax
Saudi Arabia calls on businesses to submit tax returns or face fines
Saudi Arabia tax authorities calls on firms to submit tax returns before end of the month
Louvre
Saudi’s plan to build new Louvre in Riyadh, BBC documentary claims
Crown Prince said to be working on spectacular new project
economic diversification
Saudi Vision 2030: PIF creates over 730,000 new jobs
PIF-backed projects like Riyadh Air and Qiddiya City are set to boost non-oil GDP and create over 525,000 jobs and drive non-oil economic growth
border regulations
Saudi Arabia arrested over 19,900 last week in residency and labour operations
Saudi Arabia announces more than 19,900 arrests in a single week as it clamps down on residency, labour and security breaches
Asir Region
Saudis take best practices programme to coffee farmers in Asir
Similar programmes by Saudi Coffee Company, launched two years ago by PIF, have been held in Jazan and Baha and benefitted over 450 farmers
Holy city
Saudi Arabia to introduce cable car system to the Cave of Hira in Makkah
It’s part of the country’s goal to improve the pilgrimage experience for devotees and ease access to the religious landmark
NEOM
NEOM waterways to feature Candela’s flying electric ships
The sustainable city orders eight P-12s which use 80 percent less energy than conventional ships and have longer range and endurance
Ministry of Human Resources and Social Development
Saudi Arabia launches new unified national employment platform ‘Jadarat’
Jadarat platform utilises modern technologies, artificial intelligence, advanced analytics, and behavioural sciences to provide job matching services