Saudi Arabia is preparing to export industrial robots to international markets by the end of May which are capable of performing manufacturing tasks faster than humans, an official said. Speaking at the Private Sector Forum in Riyadh on Feb. 12, Amit Midha, CEO of Alat — a company backed by the Public Investment Fund —highlighted that these […]
A number of foreign companies are announcing expansion plans in China recently as the country vows to roll out practical measures to stabilize and expand foreign investment on Monday. The latest developments showcased the Chinese market’s sustained appeal to multinational companies and the country’s commitment to open up wider and create a favorable environment for […]
Saudi Arabia’s Public Investment Fund is offering SR40 billion ($10.67 billion) in investment opportunities through its private sector platform to strengthen local industries, supply chains, and business growth, its governor said. Speaking at the third PIF Private Sector Forum in Riyadh, Yasir Al-Rumayyan highlighted that the Kingdom’s sovereign wealth fund and its portfolio companies have […]
tate-owned property developer ROSHN said it is using artificial intelligence across its operations to enhance efficiency, improve the customer experience and support its sustainability efforts. Speaking to Arab News on the sidelines of the LEAP 2025 technology conference in Riyadh, Pablo Sanz, executive director of digital products, said: “We are deploying multiple AI agents … […]
Demining teams from Saudi Project for Landmine Clearance in Yemen (Masam) cleared 714 landmines, unexploded ordnance and improvised explosive devices during the first week of February Project Masam, being implemented by the King Salman Humanitarian Aid and Relief Center (KSrelief), has 32 teams engaged in mine clearance operations in Yemen to reduce civilians’ exposure to […]
Senegal and Mauritania have achieved a historic milestone with the start of operations at the Greater Tortue Ahmeyim (GTA) development. Project developers bp and Kosmos Energy, alongside Senegal’s national oil company (NOC) Petrosen and Mauritania’s NOC Societe Mauritanienne des Hydrocarbures (SMH), have officially opened the first well of the GTA project, signaling the start of technical operations […]
Energy giant BP and its partner Kosmos Energy have signed a new production sharing contract with Mauritania for the BirAllah gas field that could feed an LNG export development. Mauritania’s Ministry of Petroleum, Mines and Energy said in a statement that the agreement, which includes a period of 30 months, was signed on October 11. […]
It’s 2025, and you know what that means—time to go over what happened in the world of ransomware in 2024. Cash money. Rapid7’s new report on ransomware in the last year found that, unsurprisingly, the increase in attacks from ransomware gangs spiked again. Potential revenue from attacks could reach $380 million, Rapid7 surmised based on a median reported […]
Chinese electric car giant BYD shares hit a record high in Hong Kong trading Tuesday after the company said it is going all in on driver assistance with the help of DeepSeek, after previously taking a more cautious approach on autonomous driving technology. Shares rose more than 4% Tuesday morning to an all-time high of 345 […]
Taiwan has followed in Japan’s footsteps, expressing interest in buying more liquefied natural gas from the U.S. and more specifically from a project in Alaska, citing the country’s economy ministry. The statement reflects concern about the impact of tariffs that Trump has threatened to impose on all countries that run a trade surplus with the […]