Saudi Investment Firm Merak Capital Identifies Where AI Value Is Being Built As Kingdom Accelerates Toward Global Leadership

As Saudi Arabia intensifies its push to become a global leader in artificial intelligence, Merak Capital has released a new industry report offering a private-sector perspective on where value is being created across the AI ecosystem. The report, “Venture Capital Guide to Artificial Intelligence,” comes at a pivotal moment for the Kingdom’s Vision 2030 progress,

Diriyah Company Awards $490mln (SAR 1.84 billion) Construction Contract For The Iconic Saudi Arabia Museum Of Contemporary Art

Diriyah Company has awarded a $490 Million (SAR 1.84 Billion) construction contract for the Saudi Arabia Museum of Contemporary Art (SAMoCA), in Diriyah. The contract has been awarded to a joint venture between Hassan Allam Construction Saudi L.L.C., and Albawani Company Ltd. reflecting Diriyah Company’s ambition to develop a major cultural destination that attracts visitors

Great Place To Work® Middle East Reveals The Best Workplaces In KSA™ List For The Year 2026

Great Place to Work®—a global research, training, and consultancy firm recognizing the Best Workplaces™ in over 60 countries—officially announced the Best Workplaces in KSA™ list. The list recognizes 100 organizations for their commitment to building high-trust, high-performance workplace cultures across the Kingdom, across four categories: 30 Large organizations, 40 Small and Medium organizations, and 30

Starbucks MENA And SAUT Society Formalize Partnership To Support Down Syndrome Community In Saudi Arabia

Starbucks MENA, operated by Alshaya Group, and SAUT ‘The Voice of Down Syndrome Society’ have announced the signing of a new partnership, formalized at a ceremony in Riyadh. The collaboration brings together two organizations with a shared commitment to fostering inclusion, belonging, and meaningful community engagement across Saudi Arabia. The partnership reflects Starbucks’ ongoing dedication

KAFD Welcomes W Hotels To Saudi

King Abdullah Financial District (KAFD), Riyadh’s premier business and lifestyle destination, today announced the opening of W Riyadh – KAFD, marking the entry of the W Hotels brand into the Kingdom. The opening represents a significant step in strengthening KAFD’s hospitality offering, highlighting the district’s appeal as a prime destination for leading global hospitality brands

AlUla Development Company Commences Construction On NUMAJ, Marking A New Phase Of AlUla’s Development

AlUla Development Company (UDC), a Public Investment Fund (PIF) company, today announced the commencement of construction on NUMAJ, Autograph Collection, marking a key milestone in the delivery of its development pipeline and AlUla’s continued transformation. The milestone was marked during a site visit attended by John Pagano, Managing Director of UDC and Abeer AlAkel, Chief Executive

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