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Total data center capacity in Saudi grew 28% y-o-y to 204 MW in 2023
Author Archives: enterpriseam admin
Posted inSAUDI IN THE NEWS
Aramco’s bid for Shell’s downstream assets in South Africa and the Kingdom’s sport economy dash are making the rounds
Saudi Arabia’s sports economy is project to top USD 22 bn by 2030
Posted inALSO ON OUR RADAR
Ades boosts Southeast Asia footprint
Ades is snapping up two jack-up rigs in Southeast Asia for USD 190 mn
Posted inPLANET FINANCE
Traditional tech struggles as AI boom overshadows sector’s slump
Despite the AI boom offering some respite for tech, the overall recovery of the sector remains uncertain
Posted inDIPLOMACY
Crown Prince hosts Russia’s Lavrov amid GCC ministerial talks
The visit coincided with joint ministerial meetings between the Gulf Cooperation Council and India, Russia, and Brazil
Posted inCALENDAR
AUGUST 10 August-10 September (Saturday-Tuesday): Crown Prince Camel Festival, Taif Camel Racing Track. SEPTEMBER 8-12 September (Sunday-Thursday): International Artificial Intelligence Olympiad (IAIO), Riyadh. 9-11 September (Monday-Wednesday): International Manufacturing Congress, Riyadh. 9-12 September (Monday-Thursday): EFG Hermes London Conference, Emirates Stadium, London. 10 September (Tuesday): Saudi Arabia Investors Forum, Riyadh. 10-11 September (Tuesday-Wednesday): SkyMove MENA, Riyadh. 10-11 […]
Posted inWHAT WE’RE TRACKING TODAY
GCC Ministerial Council meets in Riyadh today
PLUS: The first round of the GCC-Indonesia trade agreement talks kick off today
Posted inECONOMY
Saudi GDP shrinks 0.3% in 2Q 2024
The latest figures were calculated using the chain-linking method
Posted inDEBT WATCH
EEC novates debt to PIF as it lays out “capital optimization plan”
PIF will see its stake in EEC increased in exchange for forgoing debts and taking on some of the firm’s liabilities