Exclusive 'Cloud First' policies give Saudi Arabia, UAE edge in AI race: Amazon exec In March 2024, AWS announced plans to invest $5.3 billion in Saudi Arabia to launch a cloud infrastructure region in the kingdom by 2026. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Saudi PIF, Italy sign $3B export deal as ties grow under Meloni: What to know The agreement will help the kingdom's many giga projects as well as Italian exporters. Saudi Arabia
Saudi Arabia markets Middle East's first euro green bond: What to know The kingdom, currently the world’s top oil exporter, looks to have half of its electricity powered by renewable energy by 2030. Saudi Arabia
Saudi Arabia’s non-oil private sector grows at fastest rate in over a decade Saudi Arabia's General Authority for Statistics said last week that the kingdom's non-oil GDP growth rate was up 4.3% from 2023, while oil activities declined by 4.5%. Saudi Arabia
Exclusive Saudi finance minister hints kingdom could meet 2030 renewables target early By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis New Saudi-Greek strategic council: Boost for defense, energy, EU ties By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Saudi tech giant expands investments into China, AI as part of $100B plans Alat plans to invest $100 billion by 2030 to coincide with Crown Prince Mohammed bin Salman’s Vision 2030 plan to wean the kingdom’s economy off of its reliance on oil. Saudi Arabia
South Africa’s Milkor gets go-ahead to produce drones in Saudi Arabia The Gulf country is bolstering its defense capabilities amid increasing instability in the Middle East. Saudi Arabia
Davos 2024: Reaching net zero without space tech 'wishful thinking,' says Saudi minister On the sidelines of the World Economic Forum, Saudi Arabia’s Minister of Communications and Information Technology Abdullah bin Amer Alswaha told Al-Monitor that technology will help countries deliver on climate promises. Saudi Arabia
Will Saudi Arabia see mining gold rush in 2024? The kingdom plans to take advantage of the growing demand for critical minerals to power the green transition. Saudi Arabia