Last year Saudi Arabia was ranked first for venture funding activities within the region totalling the sum of $1.38 billion in Capital. In addition, at the Future Minerals Forum in Riyadh last week, it was announced that the estimation for Saudi’s ‘untapped mineral potential has increased from $1.3 trillion to $2.5 trillion, an increase of 90 percent’.
Economy, Budgets and Finance
Arab News: Saudi Arabia startup ecosystem raises $1.38bn in 2023. Read here
Arab News: Saudi Arabia to become leading exporter of all energy types: minister. Read here
Arab News: Saudi Arabia ups mineral resource estimates to $2.5tn. Read here
Government and Royal Family
Arab News: Saudi Arabia, Canada agree to re-exchange trade delegations. Read here
Defence & Security
The New Arab: Pakistan, Saudi Arabia and Turkey agree to strengthen defence ties. Read here
Defence and Security
The New Arab: Pakistan, Saudi Arabia and Turkey agree to strengthen defence ties. Read here
Commercial
Arab News: Aman Hegra project announced at AlUla. Read here
Saudi Gazette: SFDA approves first gene therapy for sickle cell anemia and thalassemia. Read here
Arab News: Saudi investment ministry signs deal with UK firm to capitalize on Kingdom’s natural resources. Read here
Social
Al Arabiya: Saudi Arabia’s NEOM: $500 bln project unveils new mega mountain resort Aquellum. Read here
Al Arabiya: Dugongs, sea turtles and dolphins: Inside Saudi Arabia’s NEOM underwater ‘living lab’. Read here
Arab News: Matarat Holding launches ‘Passengers with No Bags’ service in Saudi Arabia . Read here
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