Saudi Edition 
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AI + Innovation (MENA) 
Logistics (MENA) 
Saudi is catching up in the global race for AI supremacy
Total data center capacity in Saudi grew 28% y-o-y to 204 MW in 2023
Reachware closes USD 3 mn seed funding round
The funds will be used to boost the company’s regional presence, and expand its product portfolio.
Business leaders see a strong year ahead for Saudi + wider GCC
Saudi respondents were the most bullish across Gulf countries
Even with falling sales and higher costs, cement companies’ bottom lines grew in 1H
Plus: Petrochemicals firm Chemanol plans to start producing methyl diethanolamine in 4Q 2027
Riyadh national parks open for investments
PLUS: Avana + Oaktree Capital to launch Ezdaher to finance hotels in Saudi
Fresh Saudi-US real estate agreements
Dhamanat inks two separate agreements with US firms BlackRock and Apollo
Leading the charge
Only 1% of domestic firms have reached the “mature stage” of overall cybersecurity readiness in 2024
New regs for capital market institutions + donation organizations
Tadawul-listed Almunajem Foods raised its share in Balady Poultry to 40%
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