Economics & Technology

Saudi Minister's Visit to Estonia Strengthens Strategic Partnerships and Fuels Investment Prospects

Saudi Minister's Visit to Estonia Strengthens Strategic Partnerships and Fuels Investment Prospects

With the aim of further strengthening strategic partnerships and unlocking new investment avenues, the Saudi Minister of Investment, Khalid Al-Falih, embarked...Read more

French automation giant Schneider Electric opens facility in Saudi Arabia

French automation giant Schneider Electric opens facility in Saudi Arabia

In mid-June, French multinational corporation Schneider Electric, the global leader in automation and energy management, announced the opening of a new facility in Riyadh, Saudi Arabia.

Saudi Arabia continues industrial growth to minimise dependency on oil

Saudi Arabia continues industrial growth to minimise dependency on oil

In June 2023, the Nammat industrial investment programme in Saudi Arabia announced the launching of 31 local and international companies, valued at EUR 23...Read more

UAE teams up with Belgium to build the first hydrogen electrolyser plant in the Gulf

UAE teams up with Belgium to build the first hydrogen electrolyser plant in the Gulf

Over the past decade, the member states of the Gulf Cooperation Council (GCC) have launched ambitious economic diversification strategies as an integral part...Read more

Qatar Airways signs sustainable fuel deal with Shell

Qatar Airways signs sustainable fuel deal with Shell

Since the 2015 Paris Agreement and the landmark decision to limit the increase in global temperature to 2 °C compared to pre-industrial levels by the end of...Read more

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The "Development Road": A EUR 16 bln Iraqi Project to Link the Gulf to Europe

At the end of May 2023, Iraq announced a EUR 16 billion megaproject aimed to link the Southern part of the country to the European rail and road networks. The...Read more

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