Saudi Arabia has identified an estimated 114 million tonnes of ore containing high concentrations of rare earth elements and promising uranium deposits at the Jabal Sayid project in the Madinah region, Energy Minister Prince Abdulaziz bin Salman announced at the 70th General Conference of the International Atomic Energy Agency (IAEA) in Vienna.
Oil prices rose further on Tuesday as renewed Houthi attacks on Saudi Arabia added to growing concerns over energy supplies, with Brent crude gaining $1.58 to $107.30 a barrel and US West Texas Intermediate (WTI) rising $1.64 to $103.
Saudi Arabia is ramping up investment in artificial intelligence and digital infrastructure, led by its wealth fund PIF as the country seeks to attract technology capital and build domestic AI capabilities. The kingdom ranked first globally in digital governance and cybersecurity indicators, and third in AI models.
Buraidah (Al-An'am) Livestock City, one of Saudi Arabia's prominent hubs for livestock trading, is attracting sellers and buyers from across the kingdom.
MAIRE’s Nextchem, through Stamicarbon, has secured a €125 million ($144 million) technology package for SABIC Agri-Nutrients’ SAN-7 fertiliser project in Al Jubail, Saudi Arabia. The deal covers licensing, process design and proprietary equipment supply using NX STAMI Urea technology.
Saudi Arabia is transforming its supply chain challenges into logistics and investment opportunities, a session at the second Saudi Industry Forum (SIF 2026) in Jeddah was told.
Saudi Data and Artificial Intelligence Authority (SDAIA) President Dr Abdullah Alghamdi has stressed the need to balance innovation and harness advanced artificial intelligence technologies with sound governance.
Submer, a provider of end-to-end AI infrastructure, has signed a memorandum of understanding (MoU) with Edgecore Networks, a global provider of open networking and AI infrastructure solutions, to collaborate on AI-ready data centre infrastructure opportunities across the Middle East, Turkey and Africa (META).
Sullivan & Cromwell, a global law firm, has announced the opening of its new office in Abu Dhabi, thus reinforcing its long-term commitment to the Middle East. Located in ADGM, it will enhance the company's ability to serve clients in UAE, Saudi Arabia and across the region.
Saudi Arabia’s General Authority of Civil Aviation (GACA) has granted a consortium led by Air Arabia an Air Operator Certificate (AOC) to launch the Kingdom’s new national low-cost carrier, based at King Fahd International Airport in Dammam.
