NEOM, the smart and sustainable regional development in northwest Saudi Arabia, announced today it, through the NEOM Investment Fund (NIF), has closed an investment into REGENT, the US-based electric seaglider manufacturer. The investment positions NEOM as the largest single contributor in REGENT’s Series A round, enabling the company to take its technology to the next
NEOM, the smart and sustainable regional development in northwest Saudi Arabia, announces an investment of USD 100 million, through the NEOM Investment Fund (NIF), into Pony.ai, a leading global autonomous driving company. Additionally, a joint venture will be established for autonomous technology solutions for the region. Through the joint venture, NEOM and Pony.ai will develop,
KT, in collaboration with Hyundai Engineering & Construction (Hyundai E&C) and stc group, an engine of digital transformation, is poised to spearhead the establishment of a leading digital infrastructure in Saudi Arabia, a venture set to span for the next 50 years. KT, under the leadership of CEO Kim Young Shub, participated in the ‘Korea-Saudi
Riyadh, (24 October, 2023): Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has revealed Thuwal Private Retreat, an exclusive, buy-out only island destination set to welcome guests next year. Located on a pristine 1.7-hectare sandy islet in a spectacular coral archipelago on the Red
Riyadh, 24 October, 2023: Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has announced the successful completion of an investment deal with Kingdom Holding Company (KHC), a prominent global investment company headquartered in Saudi Arabia. The SAR 2bn Joint Venture (JV) brings together
Riyadh, (24 October, 2023): Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has revealed Thuwal Private Retreat, an exclusive, buy-out only island destination set to welcome guests next year. Located on a pristine 1.7-hectare sandy islet in a spectacular coral archipelago on the Red
Saudi Electricity Company (the largest electric power producer, carrier and distributor in the Middle East and North Africa) has revealed massive investment plans up to 2030 alongside its participation in the 7th edition of the internationally renowned Future Investment Initiative (FII7) hosted in Riyadh from the 24th to 26th of October. The Future Investment Initiative
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