Riyadh: The Public Investment Fund (PIF) and Aramco have announced the signing of a non-binding term sheet for Aramco to acquire a significant minority stake in HUMAIN, a PIF company focused on developing artificial intelligence (AI) capabilities globally. The agreement outlines that PIF will retain the majority ownership of HUMAIN.
Riyadh: Minister of Economy and Planning Faisal Alibrahim met with President and Chief Executive Officer of the World Economic Forum B¸rge Brende. During the meeting, the two sides discussed the ongoing collaboration between the Kingdom of Saudi Arabia and the World Economic Forum, as well as the latest global economic
Riyadh: Palestinian Prime Minister Dr. Mohammad Mustafa and his accompanying delegation departed from Riyadh this evening. According to Saudi Press Agency, Dr. Mustafa was seen off at King Khalid International Airport by Riyadh Region Deputy Governor Prince Mohammed bin Abdulrahman bin Abdulaziz and other officials.
Riyadh: The Public Investment Fund (PIF) and UK Export Finance (UKEF), the United Kingdom’s export credit agency, have signed a memorandum of understanding (MoU) to strengthen financial cooperation and expand trade and investment opportunities between the UK and the Kingdom of Saudi Arabia. According to Saudi Press Agency, UKEF has
Riyadh: The Saudi Stock Exchange Main Index ended trading higher today, gaining 54.24 points to close at 11,674.06. The total value of traded shares amounted to SAR5.6 billion. According to Saudi Press Agency, the Saudi Parallel Market Index (NOMU) also closed higher, rising by 124.42 points to settle at 24,947.30,
Riyadh: President of the Republic of Colombia Gustavo Petro Urrego and his accompanying delegation arrived in Riyadh today to participate in the ninth edition of the Future Investment Initiative (FII9) Conference. According to Saudi Press Agency, he was received at King Khalid International Airport by Deputy Governor of Riyadh Region