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NEWS TAGGED SAUDI ARABIA
Friday 20 September 2024
Saudi Arabia to purchase Nvidia's high-end chips in 2025
Originally one of the regulated export destinations for US chips, Saudi Arabia aims to receive clearance from the US government in 2025 and obtain US-manufactured high-quality chip...
Thursday 18 July 2024
Chinese PV companies flock to Middle East with new projects
Chinese firms in the solar power industry are accelerating their expansions into the Middle East, establishing an ecosystem covering both upstream and downstream sectors.
Wednesday 17 July 2024
China's solar industry finds oasis in the Middle East
With trade barriers from Europe and the US against Chinese solar imports, the Middle East, which is currently moving toward clean energy transformation and enjoys good trade relationships...
Thursday 11 July 2024
UAE and Saudi Arabia leverage Chinese capabilities to realize AI and semiconductor dreams
The semiconductor market has become the fourth largest market in the world, following crude oil, automotive, and petrochemical products. With a scale of more than US$500 billion in...
Thursday 9 May 2024
Alat fund of Saudi Arabia poised to cut China ties for US chips and AI
Saudi Arabia's Alat Fund is prepared to sever ties with China if requested by the United States, following a similar move by UAE's G42.
Wednesday 13 March 2024
Pony.ai expands overseas operations with Luxembourg entry
Autonomous driving technology provider Pony.ai recently set foot in Europe as it signed an MoU with the government of Luxembourg. The tie-up came after the company expanded to South...
Wednesday 22 November 2023
Display products from Samsung and LGD expected to benefit from eSports' inclusion in Saudi Vision 2030
After the Covid pandemic eased, the gaming display market appears to have entered a period of stagnation. However, with the rise of gaming in the Middle East and Saudi Arabia categorizing...
Wednesday 4 October 2023
Lee Jae-yong's latest Mideast visit draws new frontline for "Global Samsung"
Samsung Electronics Chairman Lee Jae-yong embarked on a strategic visit to Saudi Arabia, Israel, and Egypt during the Mid-Autumn Festival to assess local business prospects in the...
Wednesday 18 January 2023
Ceer places orders with Foxconn for Level 3 autonomous driving
Saudi Arabia's homegrown electric vehicle (EV) brand Ceer has placed orders with Hon Hai Precision Technology (Foxconn) for Level 3 autonomous driving solutions powered by Nvidia's...
Friday 4 November 2022
Foxconn co-founds EV brand in Saudi Arabia
Foxconn announced on Nov. 3 that it will be manufacturing EVs in Saudi Arabia under a new EV brand Ceer, which will be the first locally produced automobile brand in the country,...
Wednesday 1 April 2020
HTC expands VR theme park biz to Saudi Arabia
HTC will team up with Extra, a leading distributor of consumer electronics products in Saudi Arabia, to build a VR-based theme park-like center, dubbed Xtra Life, in Al Khbor, according...
Wednesday 4 September 2019
GCC handset market enjoys robust growth, says IDC
The overall mobile phone market of the Gulf Cooperation Council (GCC) experienced robust on-year unit growth of 11.5% in the second quarter of 2019, with shipments totaling 6.5 million...
Tuesday 24 April 2018
Desktop renewals in commercial space drive stabilization in the EMEA PC market, says IDC
The Europe, Middle East, and Africa (EMEA) traditional PC market (desktops, notebooks, and workstations) recorded slight growth in the first quarter of 2018, with the market growing...
Tuesday 18 March 2014
Philips acquires 51% of GLC
Royal Philips has announced that it has entered into agreements to acquire 51% of General Lighting Company (GLC), a major lighting company in the Kingdom of Saudi Arabia (KSA), from...