Australia extends F1 deal, Saudi Arabia to open 2024 season
The Australian Grand Prix will remain in Melbourne until at least 2037 with a new deal to be the season-opening race on at least four occasions and Saudi Arabia to kick off the 2024 campaign, the Victoria state government said on Thursday. The deal for a further two years at Albert Park follows a 10-year […]
3.6mln Saudi homes under fiber optics coverage, penetration rate crosses 60%
Governor of the Communications, Space and Technology Commission (CST) Dr. Mohammed Altamimi has said the commission is striving to stimulate investment and enhance positive competitiveness in the information technology market and emerging technologies through a solid infrastructure that contributed to covering more than 3.6 million homes in the Kingdom with optical fibers. Altamimi […]
BRI: China and Saudi Arabia to cooperate on 7 projects worth $1bln
Seven China-Saudi Arabia cooperative projects worth $1 billion were signed at the sidelines of the first China-Gulf Cooperation Council (GCC) summit held recently in Riyadh, Saudi Silk Road Industrial Service (SSRIS) said in a press statement. The agreements focusing on automobile manufacturing, new materials, intelligent equipment, and food sectors were signed at an investment conference […]
Hilton plans to grow its Saudi portfolio to 75 hotels
Hilton has announced a strategic partnership with the Saudi Tourism Development Fund (TDF), as well as agreements with several public and private developers for new hotels in destinations across Saudi Arabia during the recent World Travel & Tourism Council (WTTC) Global Summit in Riyadh. In the coming years, Hilton expects to grow its portfolio to […]