Aramco Digital, Groq to set up mega inference data center in KSA
Aramco Digital Company and Groq, a leader in artificial-intelligence (AI) inference, have announced their partnership to establish the world’s largest…
KSA Vision 2030 driving $1.3trn into real estate, infrastructure
Saudi Arabia’s Vision 2030 is driving a staggering $1.3 trillion in investments across the kingdom’s real estate, infrastructure, and transportation…
Lucknow building collapse: Three more bodies recovered, toll rises to eight
The death toll in the building collapse in Lucknow climbed to eight with rescuers pulling out three more bodies from…
Kentucky shooter at large after wounding at least seven along highway
Kentucky police were searching rugged terrain near a national forest for a suspect after at least seven people were wounded…
Construction kicks off on $1.95bn The Avenues – Khobar Project
Construction has kicked off at a rapid pace on Phase One of the SAR7.3 billion ($1.95 billion) groundbreaking mixed-use development,…
Barakah nuclear power plant’s Unit 4 starts operation
The UAE’s Emirates Nuclear Energy Corporation (ENEC) today announced a historic milestone for the country with the fourth unit of…
Bahrain imposes new tax on big multinational firms
Bahrain has announced the introduction of a domestic minimum top-up tax (DMTT) for multinational enterprises (MNEs) as outlined in Decree…
QatarEnergy will double solar capacity with 2,000 MW project
QatarEnergy has announced that it will build a new solar power mega project that will more than double the State…
Lenovo, Alat complete $2bn investment deal
Global technology powerhouse Lenovo Group and Alat, a Saudi PIF company, have announced the completion of the $2 billion investment (via…
Saudi Binladin Group to resume work on ‘world’s tallest tower’
Kingdom Holding Company (KHC), a Saudi conglomerate with interests in key sectors such as hotel management, real estate and equity,…