Forbes and Saudi Arabian real estate firm Magnom Properties are set to construct the Forbes International Tower, a $1 billion, 50-story office tower that aims to be the first hydrogen-powered building in the region.
Saudi Arabia has granted citizenship to a selected number of scientists, doctors, researchers, innovators, entrepreneurs, and talented people who have unique capabilities, expertise, and specializations.
Saudi Arabia has agreed to procure 10 batteries of the South Korean Cheongung II (KM-SAM Block II) medium-range anti-aircraft missile system in a deal valued at up to US$3.2 billion.
Saudi Arabia Railways (SAR) sealed a whopping 200 million Saudi riyals ($53.33 million) deal with Italian hospitality giant Arsenale Group to launch first-ever luxury train, dubbed “Dream of the Desert.”
Samsung Electronics has signed a memorandum of understanding (MOU) with U.S. chip designer Broadcom to expand their strategic partnership, with the collaboration expected to exceed $200 billion through 2030.