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A bigger Riyadh Metro order for Alstom, a local engine-building license for Rolls-Royce, and an AI outsourcing venture from Humain and EY
Riyadh buys SAR 2 bn more driverless metro trains from Alstom
Private capital joins Expo 2030 Riyadh with SAR 3.2 bn JV
The 2.3k-unit Expo Village is designed to serve the six-month event and endure as a new Riyadh district afterward
Riyadh Air’s cargo arm is picking up displaced sea freight in a regional market that’s shrinking
A belly-hold model ties cargo growth to the passenger network, and the regional freight market it’s entering is in contraction
Derayah Financial commits SAR 244 mn to AI and frontier tech, Riyadh Air and Saudia launch a domestic codeshare
Derayah plans to fold its commitment into a homegrown AI fund once it clears the regulator
REGA leaves door open on more foreign-ownership zones, but won’t say when
REGA said that geographic zones for foreign real estate ownership can expand over time, while outlining rules for Makkah, Madinah,…
Rime raises seed round, five-year pipe duties, Riyadh Air expands Asia network
Saudi Arabia imposed final anti-dumping duties on imports of ductile cast iron pipes from India
Spinneys raises Saudi stake to 70%, Desaisiv launches AI ins. agent, Riyadh Air adds Kuala Lumpur
Desaisiv is kicking off a USD 8 mn growth round
Riyadh is planning for another 456 sq km of growth
Good morning, friends. We've spent weeks on whether Saudi oil can get out through two pressured straits. The under-asked question…
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