Category: News

Fitting closes $1.1mln seed round to accelerate the digitization of construction supply chains in Saudi Arabia

Fitting, a digital platform specializing in the automation and digitization of supply chains in the construction sector, has announced the successful closing of its second Seed investment round, raising $1.1 million, with the participation of a prominent strategic investor from the contracting and real estate development sector. The investment marks an important step in supporting

Saudi Arabia expands road network with 246km Rafha-Hail link

Saudi Arabia has announced the opening of the 246-km Rafha-Hail Road, thus expanding the kingdom’s transport network with a new route linking Rafha to Hail through the Hail-Baqaa Road.  A key infrastructure project, it has been designed to strengthen the kingdom’s land transport network by improving connectivity between its northern and central regions through a

Saudi Arabia to host trilateral summit with Turkey, Pakistan in Jeddah

Saudi Arabia will host a trilateral summit in Jeddah on Friday bringing together Crown Prince and Prime Minister Mohammed bin Salman, Turkish President Recep Tayyip Erdoğan and Pakistani Prime Minister Muhammad Shehbaz Sharif. The Turkish presidency announced on Thursday that Erdoğan will make a one-day working visit to Saudi Arabia on Friday, during which he

Turkey, Saudi Arabia and Pakistan deepen security ties with defence pact

Turkey, Saudi Arabia and Pakistan signed a joint defence agreement on Friday, Pakistan’s foreign ministry said, as the three countries sought to deepen security cooperation amid heightened military tensions and conflicts in the Middle East. The agreement is intended to strengthen collective deterrence against any act of aggression and stipulates that an armed attack against

PIF-backed Lucid says preparing for 2027 production ramp in Saudi Arabia

Lucid Group, which is backed by the Public Investment Fund, said its factory in Saudi Arabia is transitioning from construction to industrialisation. Manufacturing systems across stamping, body, paint and final assembly are being installed and commissioned in preparation for production trials at the 1.36 million square meters AMP-2 site in King Abdullah Economic City (KAEC),

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