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Press Dossier   By Date  02/12/2025
Saudi Arabia ranks 3rd globally in leading AI models, job growth rate: Stanford AI Index
Saudi Arabia: Saudi Arabia has achieved third place globally in the development of artificial intelligence models and in the growth rate of AI-related jobs.
Saudi HR fund backs over 150k industrial jobs with $267m training push
Saudi Arabia: Saudi Arabia’s Human Resources Development Fund has supported the employment of 151,000 citizens in the industrial and mining sectors since 2020, backed by more than SR1 billion ($266.6 million) in training-to-employment programs.
Mubadala Energy, PLN Energi Primer Indonesia sign Heads of Agreement to strengthen Indonesia’s energy resilience
United Arab Emirates: Mubadala Energy and PLN Energi Primer Indonesia (PLN EPI), a subsidiary of Indonesia’s energy and electricity supplier, have signed a Heads of Agreement (HoA) to supply gas from its gas fields in the Andaman Sea. This framework marks a significant milestone for Indonesia’s energy sector
PIF earns inaugural A-1 short-term credit rating from S&P
Saudi Arabia: Saudi Arabia’s Ministry of Industry and Mineral Resources has signed agreements for nine projects representing the first group of beneficiaries of the standard incentives for the industrial sector, with a total investment volume of nearly SR2 billion ($523 million).
Saudi Arabia’s mining site discoveries reach 5,651 in 2024: GASTAT
Saudi Arabia: Saudi Arabia’s discovered mineralization sites reached 5,651 in 2024, led by non-metallic deposits that accounted for 54.1 percent of the total, or 3,058 sites, the General Authority for Statistics said in its annual Mineral Resources Statistics bulletin.
Saudi-Russian Investment Forum highlights mutual benefits and cooperation
Saudi Arabia: Saudi and Russian business ties are perpetually warm, the Kingdom’s minister of energy insisted at the beginning of a bilateral investment forum in Riyadh.
UAE-Kazakhstan Joint Committee discusses cooperation in AI, space, energy
United Arab Emirates: Suhail Bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure and Special Envoy of the UAE Minister of Foreign Affairs to Kazakhstan, and Zhaslan Madiyev
77.5% non-oil share of real GDP and Dhs36b hotel revenues mark exceptional growth on 54th Eid Al Etihad: Minister
United Arab Emirates: Abdulla Bin Touq Al Marri, Minister of Economy and Tourism, affirmed that the 54th UAE Eid Al Etihad arrives this year crowned with exceptional economic and tourism achievements that reflect the vision of the UAE’s leadership and the strength of the Union.
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