Riyadh: The Public Investment Fund (PIF), Saudi Information Technology Company (SITE), and Microsoft have announced the signing of a memorandum of understanding (MoU) to explore the delivery of Microsoft’s sovereign-cloud services in Saudi Arabia. This initiative aims to enhance the security, confidentiality, and sovereignty of data within the country, while
Dubai: The Helicopter Company (THC), a Public Investment Fund company and Saudi Arabia’s premier commercial helicopter operator, signed an agreement at this year’s Dubai Airshow with Archer Aviation, a U.S.-based aerospace innovator, and PIF’s Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA. The
Al-ahsa: The National Housing Company (NHC) has entered into an agreement with Saleh Al-Abdullah Al-Muhanna Company for Trading and Contracting to construct 1,290 residential units in the Al-Woroud Front located in Al-Ahsa Governorate. The total value of this project exceeds SAR651 million and is part of NHC’s ongoing initiatives to
Washington: The second edition of the Saudi-U.S. Investment Forum opened on Wednesday in Washington under the theme ‘Leadership for Growth: Strengthening the Saudi-U.S. Economic Partnership.’ The event forms part of investment cooperation between the two countries, underpinned by a strong record of mutual understandings and renewed partnerships. According to Saudi
Riyadh: The Kingdom of Saudi Arabia’s health system has achieved a significant global milestone by winning nine prestigious international awards, including four gold awards, at the 2025 International Customer Experience Awards (ICXA). The accomplishment reflects the impact of Saudi Vision 2030 in empowering national talent and strengthening institutional capabilities, thereby
Riyadh: The National Development Fund signed a memorandum of understanding (MoU) with global firm Northern Trust worth up to SAR12 billion during the Saudi-U.S. Investment Forum. The MoU aims to develop domestic and international investment strategies and establish a future commitment for Northern Trust to provide investment management services, in