Tag: Saudi
Saudi Arabia Invests 40 Billion Dollars in Artificial Intelligence
The Saudi Arabian administration is preparing to make a strong entry into the artificial intelligence market. The Middle Eastern country can become the largest actor in the market if it…
How Saudi Arabia Is Taking Over the Gaming World?
Saudi Arabia, which is known for its strict bans, has made a rapid entry into the gaming and esports world in recent years. This oil-rich kingdom was a place where…
Amazon is making a huge investment for Saudi Arabia!
Amazon, one of the most talked about companies of recent times, is planning a major investment in Saudi Arabia. Accordingly, the company will establish a data infrastructure worth 5.3 billion…
NVIDIA market value surpassed Saudi Aramco!
The competition between the world’s largest companies has become quite intense in the last few months. While software giants Microsoft and Apple are at the top, semiconductor manufacturer NVIDIA is…
Japan’s Largest Cryptocurrency Group and Saudi Aramco Signed a Giant Digital Asset Investment Agreement
Japan’s largest cryptocurrency financial group SBI Holdings and Saudi Aramco, the world’s second largest company, announced that they have entered into a strategic partnership. The partnership will explore co-investing in…
Ripple Partner Holding Agreed with the 2 Trillion Dollar Saudi Giant!
SBI Holdings, one of Ripple Labs’ major partners in Japan, established a partnership with Saudi Aramco. Saudi Aramco is the second largest company in the world in terms of market…
Korean Hyundai will produce electric vehicles in Saudi Arabia
Saudi Arabia wants to produce more than 300 thousand cars a year by 2030. The country is attracting new investments as well as its own brands Ceer and Lucid Motors.…
TFF Super Cup final will be played in Saudi Arabia! Here is the stadium and its history!
The location and date of the TFF Super Cup final match, which will pit the 2022-23 Season Super League champion Galatasaray against the Turkish Cup champion Fenerbahçe, have been announced.…
Will Tesla build its new factory in Saudi Arabia?
Tesla has six different factories (Gigafactories) around the world. These are mainly located in China, the USA and Germany. New reports showed that Tesla could open its new factory in…
Saudi Telecom wird größter Aktionär des O2-Mutterkonzerns Telefónica
Telefónica Der größte Aktionär des spanischen Telekommunikationskonzerns kommt künftig aus Saudi-Arabien. (Foto: Reuters) Madrid/Riad Der Telekomkonzern Saudi Telecom (STC) steigt für eine Milliardensumme beim spanischen Anbieter Telefónica ein. Wie das saudi-arabische…
Saudi Arabia establishes Bayraktar Akıncı fleet!
A new one has been added to the export success of Turkish defense industry companies in the international market. Saudi Arabia shook hands with Baykar (with the permission of the…
Saudi Arabia gave an additional budget of 2.7 billion dollars for Neom
New developments took place in Neom, Saudi Arabia’s ambitious mega-city project. Local organizations that want to accelerate the construction of the futuristic city, $2.7 billion provided additional funding. Neom is…
MKK and Saudi Arabian Central Depository Sign Memorandum of Understanding
Providing custody, data storage and reporting, corporate management and investor services to people in Turkish capital markets Central Registry Agency Inc. (MKK) and the Saudi Arabian Central Securities Depository (Edaa),…
Mehmet Şimşek and Hafize Gaye Erkan are going to Saudi Arabia tomorrow!
Mehmet Şimşek, Minister of Treasury and Finance, and Erkan, President of the Central Bank of the Republic of Turkey, started preparations for their visit to Saudi Arabia tomorrow. With this…
Government approves further deliveries to Saudi Arabia
missile defense system An Iris-T missile defense system is located on the Diehl Defense company premises in Überlingen. (Photo: dpa) Berlin Despite extensive export restrictions, the federal government approved the…
Russia cuts oil production, Saudi Arabia extends cuts
Oil production in Russia A deep pump is located near the town of Usinsk, 1,500 kilometers north-east of Moscow. (Photo: dpa) Saudi Arabia extends its unilateral oil production cut by…
Russia cuts oil production, Saudi Arabia extends cuts
Oil production in Russia A deep pump is located near the town of Usinsk, 1,500 kilometers north-east of Moscow. (Photo: dpa) To support oil prices, Russia will cut oil exports…
Saudi Arabia Decided to Cut Off, Oil Price Rises!
Saudi Arabia, the world’s largest oil exporter, made a critical move in production due to macroeconomic pressures. The Saudi Ministry of Energy announced this morning that they have extended the…
Saudi Arabia voluntarily cuts one million barrels a day
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al-Saud in Vienna Saudi Arabia relies on a fairly high oil price to cover all government spending. (Photo: Reuters) Frankfurt Saudi Arabia…
Oil cartel lowers production target – Saudi Arabia voluntarily cuts even further
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al-Saud in Vienna Saudi Arabia relies on a fairly high oil price to cover all government spending. (Photo: Reuters) Frankfurt OPEC-plus lowers…