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		<title>MSC opens integrated logistics centre at Dammam&#8217;s King Abdulaziz Port</title>
		<link>https://internationalfinance.com/logistics-and-cargo/msc-opens-integrated-logistics-centre-dammams-king-abdulaziz-port/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=msc-opens-integrated-logistics-centre-dammams-king-abdulaziz-port</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Fri, 20 Feb 2026 15:21:47 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics and Cargo]]></category>
		<category><![CDATA[Dammam]]></category>
		<category><![CDATA[King Abdulaziz Port]]></category>
		<category><![CDATA[Kingdom]]></category>
		<category><![CDATA[logistics]]></category>
		<category><![CDATA[Saudi Ports Authority]]></category>
		<category><![CDATA[Transport]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=54770</guid>

					<description><![CDATA[<p>Apart from reflecting the scale of development in Saudi Arabia’s transport and logistics sectors, the project will see King Abdulaziz Port strengthen its position as a global logistics hub</p>
<p>The post <a href="https://internationalfinance.com/logistics-and-cargo/msc-opens-integrated-logistics-centre-dammams-king-abdulaziz-port/">MSC opens integrated logistics centre at Dammam&#8217;s King Abdulaziz Port</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Saudi Ports Authority and MEDLOG, the logistics arm of Mediterranean Shipping Co., inaugurated the company’s integrated logistics centre at Dammam&#8217;s King Abdulaziz Port, with investments exceeding SR150 million (USD 39.9 million) across an area of 100,000 sq. metres.</p>
<p>Apart from reflecting the scale of development in the Kingdom’s transport and logistics sectors, the project will see King Abdulaziz Port strengthen its position as a global logistics hub. The event also saw MSC name one of its international vessels after <a href="https://internationalfinance.com/aviation/saudi-arabia-launches-eoi-for-qassim-airport-upgrade/"><strong>Saudi Arabia</strong></a>. The facility is known for its advanced infrastructure and integrated logistics facilities, which attract major international companies. It includes 43 fully equipped berths and has an annual handling capacity of up to 105 million tonnes of cargo and containers.</p>
<p>The event coincided with the 30th anniversary of the company’s operations in the Kingdom, marking a journey of achievements and strategic partnerships in maritime transport and logistics that have supported the national transport system.</p>
<p>The inauguration, attended by Minister of Transport and Logistics Services and Chairman of the Saudi Ports Authority Saleh Al-Jasser, featured Al-Jasser reflecting on the sector&#8217;s significant progress, which reinforces the Kingdom’s position as a global logistics hub.</p>
<p>Hailing the achievement, Al-Jasser said the integrated logistics centre represents a qualitative transformation in the transport and logistics sector, firmly placing Saudi ports among leading regional and international gateways.</p>
<p>The integrated logistics centre will provide advanced and smart logistics services, enhancing the port’s handling capacity while boosting regional and global competitiveness by supporting trade flows and strengthening the Kingdom’s logistics standing.</p>
<p>Al-Jasser added that MSC’s naming of a vessel after the Kingdom, along with the logistics centre&#8217;s launch, symbolises a long-standing strategic partnership, reflecting global investor confidence in the Saudi business environment, and demonstrating the Kingdom’s growing international presence in maritime logistics.</p>
<p>Suliman Al-Mazroua, president of the Saudi Ports Authority, said MSC’s vessel naming underscores the <a href="https://internationalfinance.com/wealth-management/boost-saudis-wealth-management-sector-goldman-sachs-sets-up-division-kingdom/"><strong>Kingdom’s</strong></a> pivotal role in global supply chains. He added that the logistics centre supports Mawani’s strategy to develop advanced infrastructure aligned with the &#8220;National Transport and Logistics Strategy&#8221; and &#8220;Saudi Vision 2030,&#8221; strengthening the Kingdom’s position as a logistics platform linking three continents.</p>
<p>The post <a href="https://internationalfinance.com/logistics-and-cargo/msc-opens-integrated-logistics-centre-dammams-king-abdulaziz-port/">MSC opens integrated logistics centre at Dammam&#8217;s King Abdulaziz Port</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>IF Insights: Saudi Arabia’s grand pivot from oil to minerals under Vision 2030</title>
		<link>https://internationalfinance.com/commodity/if-insights-saudi-arabias-grand-pivot-from-oil-minerals-under-vision/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=if-insights-saudi-arabias-grand-pivot-from-oil-minerals-under-vision</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Thu, 19 Feb 2026 14:47:49 +0000</pubDate>
				<category><![CDATA[Commodity]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Kingdom]]></category>
		<category><![CDATA[minerals]]></category>
		<category><![CDATA[mining]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<category><![CDATA[Vision 2030]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=54766</guid>

					<description><![CDATA[<p>Saudi Arabia, traditionally recognised for its hydrocarbon wealth, is rapidly emerging as a significant player in the mining sector</p>
<p>The post <a href="https://internationalfinance.com/commodity/if-insights-saudi-arabias-grand-pivot-from-oil-minerals-under-vision/">IF Insights: Saudi Arabia’s grand pivot from oil to minerals under Vision 2030</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>It’s a new era, with a new star rising in the East and the old empire in decay. There are tariff wars, regime changes in Venezuela and <a href="https://internationalfinance.com/oil-and-gas/irans-new-oil-deals-all-you-need-know/"><strong>Iran</strong></a>, NATO on the brink of collapse, winter wars with Russia, and many more geopolitical stressors.</p>
<p>The mineral and mining industry, like many of its peers, is navigating complex waters. The landscape is changing, and severe limitations on manufacturing and infrastructure development make it tricky for companies to procure dependable investment, financing, and implementation of cutting-edge technologies.</p>
<p>Everything is a little uncertain for big mining corporations these days, and they have lost investor confidence, and capital flows are trickling out. As a result, supply chain vulnerabilities and trade disruptions have become more noticeable, particularly in crucial minerals required for advanced high-tech applications, electronics, and electric vehicles.</p>
<p>Regulatory uncertainty, geopolitical conflicts, changing environmental, social, and governance standards, and the naturally lengthy lead times of mining projects all contribute to investor anxiety.</p>
<p>Since 1997, <a href="https://internationalfinance.com/aviation/saudi-arabia-launches-eoi-for-qassim-airport-upgrade/"><strong>Saudi Arabia</strong></a> has adopted a methodical approach to developing its mineral resources in response to these global challenges. The Kingdom has developed a national policy to modernise and grow its mining industry over the past few decades.</p>
<p>This trend quickened with the introduction of “Vision 2030,” which established mining as a key component of economic diversification and sustainable growth. This change is supported by three strategic pillars: discovering high-potential investment opportunities, conducting comprehensive geological studies to identify viable mining sites, and creating incentives to attract foreign investment.</p>
<p>Saudi Arabia, traditionally recognised for its hydrocarbon wealth, is rapidly emerging as a significant player in the mining sector.</p>
<p>The Kingdom holds an estimated USD 2.5 trillion worth of unexplored mineral resources, including industrial minerals, basic metals, rare earth elements, and precious metals. Saudi Arabia is well-positioned to be a key player in global supply chains for innovative manufacturing and mining thanks to its enormous endowment.</p>
<p>The momentum of the sector is quantifiable. Not too long ago, Saudi Arabia was in 104th position in the Fraser Institute&#8217;s “Global Mining Investment Attractiveness Rankings.” Now, it has surged past the competition to the 23rd spot through several institutional and regulatory changes, demonstrating strong investor confidence in the Kingdom&#8217;s legal, regulatory, and commercial environment. The Gulf nation under Muhammad Bin Salman is aggressively spending on exploration, which has bolstered financial inflows into mining operations.</p>
<p>Geological research is making significant strides. The Ministry of Industry and Mineral Resources has completed 30% of the geological survey of the Arabian Shield, which covers around 700,000 square kilometres. The National Geological Database will make the nearly 10 terabytes of data from these surveys publicly accessible, serving as a vital stimulant for both domestic and foreign investment.</p>
<p>These initiatives strengthen the Kingdom&#8217;s goal to establish mining as a third pillar of national industry, aligning with the goals of the “Mining Investment Law,” the “Comprehensive Mining and Minerals Industries Strategy,” and the “National Industrial Development and Logistics Programme.”</p>
<p>The fifth edition of the Future Minerals Forum 2026, themed &#8220;Dawn of Global Cause,&#8221; took place in Riyadh against a strategic and dynamic backdrop. The event aimed to foster cooperation, creativity, and practical solutions by bringing together policymakers, business leaders, investors, and thought leaders. They engaged in discussions about the opportunities and challenges shaping the future of minerals on a global scale.</p>
<p>Saudi Arabia is building an integrated ecosystem that links mining to the aerospace, automotive, and renewable energy sectors. By investing in domestic processing plants and smelting facilities, the Kingdom aims to capture the entire value chain.</p>
<p>For example, there is a focus on copper and lithium to fuel the Lucid Motors and CEER electric vehicle plants already established in the country. This &#8220;mine-to-motor&#8221; strategy mitigates global supply chain risks and creates a closed-loop economy. Furthermore, by leveraging its massive solar potential to power these energy-intensive mining operations, Saudi Arabia can offer &#8220;Green Minerals,&#8221; satisfying the strict ESG (Environmental, Social, and Governance) requirements of modern Western investors.</p>
<p>The desert Kingdom is also positioning itself as the central convener for a vast, mineral-rich &#8220;Super Region&#8221; stretching from Africa through the Middle East and into Central Asia. By hosting the “Future Minerals Forum,” the Kingdom is promoting its USD 2.5 trillion reserves and positioning Riyadh as the financial and diplomatic clearinghouse for the Global South’s mineral wealth.</p>
<p>It’s a smart move in the great game played by great powers. Saudi Arabia is opening up a third way for middle powers amidst intense competition between the West and the United States of America. It is slowly projecting itself as a well-capitalised partner capable of de-risking projects in frontier markets.</p>
<p>The Saudis provide the infrastructure, investment capital, and a stable regulatory blueprint for a new &#8220;Silk Road of Minerals&#8221; and are transforming the Kingdom from a regional player into a global arbiter of resource security, ensuring that the critical minerals needed for the world’s energy transition flow through a Saudi-influenced corridor. Adding this angle highlights that the &#8220;Grand Pivot&#8221; is as much about global soft power as it is about domestic geology.</p>
<p>Nine focused programme streams are included in FMF 2026 to promote discussion, investigate new prospects, and expedite action throughout the mining value chain. The Forum is an example of a cohesive, solutions-driven discussion on how mining can support sustainable global development, with participation from more than 100 government leaders, more than 70 international organisations, NGOs, and industry groups, as well as CEOs of top mining corporations.</p>
<p>The Saudis are well-positioned for a takeover of the mining sector and to monopolise it, or at least have a high stake in it, as they did with oil. There are obstacles along the way, but the nation continues to overcome them as part of its “Vision 2030.”</p>
<p>The post <a href="https://internationalfinance.com/commodity/if-insights-saudi-arabias-grand-pivot-from-oil-minerals-under-vision/">IF Insights: Saudi Arabia’s grand pivot from oil to minerals under Vision 2030</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Saudi Arabia launches EOI for Qassim Airport upgrade</title>
		<link>https://internationalfinance.com/aviation/saudi-arabia-launches-eoi-for-qassim-airport-upgrade/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=saudi-arabia-launches-eoi-for-qassim-airport-upgrade</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Wed, 18 Feb 2026 11:21:57 +0000</pubDate>
				<category><![CDATA[Aviation]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[airports]]></category>
		<category><![CDATA[aviation]]></category>
		<category><![CDATA[Kingdom]]></category>
		<category><![CDATA[logistics]]></category>
		<category><![CDATA[Qassim Airport]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=54754</guid>

					<description><![CDATA[<p>Qassim Airport is already working on enhancing the passenger experience</p>
<p>The post <a href="https://internationalfinance.com/aviation/saudi-arabia-launches-eoi-for-qassim-airport-upgrade/">Saudi Arabia launches EOI for Qassim Airport upgrade</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Saudi Civil Aviation Holding Company (Matarat Holding), along with the National Centre for Privatisation and PPP (NCP), started the Expression of Interest (EOI) phase for the Prince Naif Bin Abdulaziz International Airport redevelopment under the Public Private Partnership (PPP) model on February 9, as stated on the NCP website.</p>
<p>The scope of work under the project EOI includes the design, financing, construction, transfer, operations, and maintenance of the airport on a Build-Transfer-Operate (BTO) basis for 30 years. In addition, a new passenger terminal will be erected, along with ancillary services and airside infrastructure such as the runway, taxiways, and aprons to meet the projected demand of the airport.</p>
<p>The project aligns with the objectives of &#8220;Saudi Vision 2030,&#8221; the &#8220;Saudi Aviation Strategy,&#8221; and the &#8220;National Transport and Logistics Strategy&#8221; to make the Kingdom a global destination for tourism, aviation, and logistics. The EOIs must be submitted by 23 February 2026. However, details such as the target passenger capacity, estimated cost, and the date on which the request for proposals will be issued have not been made public by the authorities.</p>
<p>The project site is located approximately 25 kilometres from the city of Buraidah in the Qassim region. After its completion, the facility will likely increase the airport’s passenger handling capacity in line with anticipated annual travel growth.</p>
<p>Matarat Holding currently oversees the operation of 27 airports across the Kingdom through its subsidiaries, including Riyadh Airports Company, Jeddah Airports Company, Dammam Airports Company, and Cluster 2 Airports Company.</p>
<p>Qassim Airport is already working to enhance the passenger experience. Since May 2025, the facility, through its duty-free shop, has been providing a decent shopping experience for international travellers passing through the airport.</p>
<p>The market showcases a wide range of high-quality products from renowned international and local brands, offering travellers the opportunity to shop at competitive prices lower than those in the local market.</p>
<p>Prince Naif bin Abdulaziz International Airport is one of the vital airports serving the <a href="https://internationalfinance.com/wealth-management/boost-saudis-wealth-management-sector-goldman-sachs-sets-up-division-kingdom/"><strong>Kingdom</strong></a>. Since its establishment in 1964, the facility has undergone significant capacity expansion, serving both domestic and international flights, and hosting more than 1,250,000 flyers annually. Located on the western side of Buraidah, the administrative capital of the Qassim region, the infrastructure was renamed after Prince Naif bin Abdulaziz in 2012 through a royal decree.</p>
<p>In 2017, the airport was upgraded to international status. Currently, approximately 13 airlines operate from the facility. In the January 2023 performance report for <a href="https://internationalfinance.com/technology/saudi-arabia-targets-become-worlds-largest-ai-token-exporter-humain-ceo-tareq-amin/"><strong>Saudi Arabia&#8217;s</strong></a> international and domestic airports, Qassim Airport ranked first in the fourth category of international airports with fewer than two million passengers annually, achieving a 100% compliance rate and outperforming competing airports in the combined average wait times for departure and arrival flights.</p>
<p>The post <a href="https://internationalfinance.com/aviation/saudi-arabia-launches-eoi-for-qassim-airport-upgrade/">Saudi Arabia launches EOI for Qassim Airport upgrade</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Saudi Arabia targets to become world’s largest AI token exporter: Humain CEO Tareq Amin</title>
		<link>https://internationalfinance.com/technology/saudi-arabia-targets-become-worlds-largest-ai-token-exporter-humain-ceo-tareq-amin/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=saudi-arabia-targets-become-worlds-largest-ai-token-exporter-humain-ceo-tareq-amin</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Tue, 17 Feb 2026 12:00:29 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[financing]]></category>
		<category><![CDATA[Humain]]></category>
		<category><![CDATA[Kingdom]]></category>
		<category><![CDATA[PIF]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<category><![CDATA[Tareq Amin]]></category>
		<category><![CDATA[technology]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=54748</guid>

					<description><![CDATA[<p>Tareq Amin further revealed that Saudi Arabia plans to launch and commercialise its own operating system in the coming months</p>
<p>The post <a href="https://internationalfinance.com/technology/saudi-arabia-targets-become-worlds-largest-ai-token-exporter-humain-ceo-tareq-amin/">Saudi Arabia targets to become world’s largest AI token exporter: Humain CEO Tareq Amin</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Tareq Amin, CEO of Humain, the Saudi artificial intelligence (AI) company established under the Public Investment Fund (<a href="https://internationalfinance.com/asset-management/pif-reports-assets-growth-usd-billion-invested-priority-sectors-since/"><strong>PIF</strong></a>) to drive the Kingdom&#8217;s tech strategy, said recently that the Kingdom is aiming to become the world’s largest exporter of AI tokens, while accelerating its efforts to position itself as a regional and global technology hub.</p>
<p>Tareq Amin gave the update while speaking at the PIF Private Sector Forum (held on February 9th and 10th), stating that the Kingdom has the necessary resources, including abundant energy supplies and strong geographic connectivity, to establish itself as a global AI powerhouse.</p>
<p>The Humain CEO&#8217;s remarks also align with <a href="https://internationalfinance.com/technology/if-insights-saudi-arabia-unveils-worlds-largest-government-data-centre/"><strong>Saudi Arabia’s</strong></a> Vision 2030 strategy, which seeks to transform the Kingdom into a leading regional technology hub by the end of the decade.</p>
<p>&#8220;Humain is a company that has an ambition to become a global player in this important space. We are an AI total value chain company, focused on Humain core, which is our data centres. These are not small data centres. We are talking about gigawatt capacity,&#8221; Tareq Amin said.</p>
<p>Emphasising the critical role of energy in AI&#8217;s development, Tareq Amin said, &#8220;AI is an energy game. We have power, energy affordability and abundance, connectivity, land, and water. We have all that it needs to translate Saudi Arabia into the world’s largest AI token exporter.&#8221;</p>
<p>Tareq Amin further revealed that Saudi Arabia plans to launch and commercialise its own operating system in the coming months, potentially becoming the third country after the United States and China to do so.</p>
<p>&#8220;One thing I was deciding was whether to show you this here, but we have a big event coming at LEAP, and we will commercialise this. In the last meeting we had with Crown Prince Mohammed bin Salman, he referred to operating systems, specifically whether to use Windows or Mac. Saudi Arabia will be the first country outside the US and China that will commercialise its own operating system,&#8221; he said.</p>
<p>Talking about Humain, in January 2026, the venture agreed to a financing framework of up to USD 1.2 billion to expand AI and digital infrastructure across the Kingdom. The non-binding agreement outlines financing terms to develop up to 250 megawatts of AI data centre capacity to serve Humain’s local, regional, and global customers.</p>
<p>In December 2025, the company partnered with Saudi Telecom Co. to form a joint venture focused on developing and operating AI-driven data centres in the Kingdom. According to a Tadawul filing, Humain will hold a 51% stake in the venture, while stc will own the remaining 49%.</p>
<p>The post <a href="https://internationalfinance.com/technology/saudi-arabia-targets-become-worlds-largest-ai-token-exporter-humain-ceo-tareq-amin/">Saudi Arabia targets to become world’s largest AI token exporter: Humain CEO Tareq Amin</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Through 400 industry partners, Boeing consolidates its Saudi presence</title>
		<link>https://internationalfinance.com/aviation/through-industry-partners-boeing-consolidates-saudi-presence/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=through-industry-partners-boeing-consolidates-saudi-presence</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Mon, 16 Feb 2026 16:14:51 +0000</pubDate>
				<category><![CDATA[Aviation]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[aircraft]]></category>
		<category><![CDATA[Boeing]]></category>
		<category><![CDATA[Gulf]]></category>
		<category><![CDATA[Helicopters]]></category>
		<category><![CDATA[jets]]></category>
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					<description><![CDATA[<p>Boeing considers itself a central partner in localisation and technology transfer</p>
<p>The post <a href="https://internationalfinance.com/aviation/through-industry-partners-boeing-consolidates-saudi-presence/">Through 400 industry partners, Boeing consolidates its Saudi presence</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>According to Boeing Saudi Arabia President Asaad Al-Jomoai, the company now has more than 400 defence platforms in the Kingdom, as the United States-based aviation giant&#8217;s Gulf subsidiary continues to deepen its engagement with local manufacturers such as Saudi Arabian Military Industries (SAMI), which is leading the Kingdom’s defence localisation mission.</p>
<p>The official remarked, &#8220;The partnership is also active through academic and technical cooperation, as Boeing is a founding partner of Al-Faisal University and has partnerships with King Abdullah University of Science and Technology, or KAUST, and King Abdulaziz City for Science and Technology.&#8221;</p>
<p>While stating industry and supply chain localisation as key objectives for companies operating in Saudi Arabia, Al-Jomoai added that partnerships with firms like SAMI are boosting the Kingdom’s goal of localising more than 50% of its military spending by 2030. Boeing considers itself a central partner in localisation and technology transfer.</p>
<p>According to Al-Jomoai, <a href="https://internationalfinance.com/aviation/if-insights-victory-boeing-airbus-ceo-accepts-setback-against-american-rival/"><strong>Boeing’s</strong></a> relationship with Saudi Arabia, which spans more than 81 years, has been a fruitful one, with the aviation giant delivering more than 170 commercial aircraft in recent years.</p>
<p>Boeing’s existing contracts within Saudi Arabia&#8217;s military-industrial set-up include maintenance and technical support for advanced defence systems, most notably F-15 fighter jets, with the Kingdom being the largest operator of the aircraft outside the United States. These contracts also cover Apache attack helicopters and AH-6i aircraft, light helicopter gunships often known as the &#8220;Little Bird.&#8221;</p>
<p>Al-Jomoai said that although support agreements cover both commercial and defence sectors, defence operations currently dominate in the Kingdom&#8217;s aviation discourse, as the Gulf major continues to expand its military spending.</p>
<p>According to Boeing’s website, Boeing Defence, Space &#038; Security’s relationship with the Royal Saudi Air Force began in 1978 when Saudi Arabia selected its first fleet of F-15C/D aircraft, forming the backbone of the Kingdom’s air defence.</p>
<p>The fleet expanded significantly in December 2011 when Saudi Arabia and the <a href="https://internationalfinance.com/aviation/united-states-revokes-record-visas/"><strong>United States</strong></a> signed a military sales agreement, the largest in America&#8217;s history at the time, covering F-15SA fighter jets, AH-64E Apache attack helicopters, and AH-6 light armed reconnaissance helicopters.</p>
<p>The post <a href="https://internationalfinance.com/aviation/through-industry-partners-boeing-consolidates-saudi-presence/">Through 400 industry partners, Boeing consolidates its Saudi presence</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>IF Insights: Saudi Arabia unveils world’s largest government data centre</title>
		<link>https://internationalfinance.com/technology/if-insights-saudi-arabia-unveils-worlds-largest-government-data-centre/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=if-insights-saudi-arabia-unveils-worlds-largest-government-data-centre</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Thu, 12 Feb 2026 14:35:11 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[data centre]]></category>
		<category><![CDATA[digital economy]]></category>
		<category><![CDATA[Hexagon Data Centre]]></category>
		<category><![CDATA[Kingdom]]></category>
		<category><![CDATA[Riyadh]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=54733</guid>

					<description><![CDATA[<p>Beyond storage and processing, data centres play a significant role in maintaining service availability</p>
<p>The post <a href="https://internationalfinance.com/technology/if-insights-saudi-arabia-unveils-worlds-largest-government-data-centre/">IF Insights: Saudi Arabia unveils world’s largest government data centre</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The storage, security, and management of data have become among the most crucial concerns facing governments globally.</p>
<p>As digital technologies permeate nearly every aspect of modern life, from financial transactions and healthcare to education and public services, the dependability and safety of data infrastructure are no longer optional and are strategic imperatives.</p>
<p>Applications, websites, cloud platforms, email, streaming, and banking systems are just a few of the online services that people and businesses now depend on. Each of these services is powered by a <a href="https://internationalfinance.com/technology/omani-group-set-up-usd-million-data-centre-suez-canal-zone/"><strong>data centre</strong></a>, which is responsible for safely storing enormous amounts of data and processing it effectively and continuously. As a result, data centres have emerged as the backbone of the digital economy, facilitating real-time information flows and assuring the stability of national digital infrastructure.</p>
<p>Beyond storage and processing, data centres play a significant role in maintaining service availability. With the help of backup systems, redundant power sources, and failover procedures that reduce downtime during disturbances, they run continuously. For governments, this stability is crucial to maintaining public trust and assuring ongoing access to critical digital services.</p>
<p>Saudi Arabia has taken serious action after realising this fact. The Kingdom is working to build cutting-edge data centre infrastructure to support its fast-growing digital ecosystem, which already provides more than 3,500 public services across 530 government platforms, in addition to keeping up with worldwide demand.</p>
<p>The largest government data centre in the world, the Hexagon Data Centre in <a href="https://internationalfinance.com/real-estate/riyadhs-housing-pipeline-set-to-surge-with-57000-new-units-by-2026-27/"><strong>Riyadh</strong></a>, is at the heart of this endeavour. The facility has gained Tier IV certification from the Uptime Institute, the highest worldwide norm for data centre reliability, assuring fault tolerance and operational availability of 99.995%. This makes the Hexagon Data Centre one of the world&#8217;s most resilient establishments.</p>
<p>With a capacity of 480 megawatts and a footprint of over 30 million square feet, the centre is meant to fulfil the Kingdom’s long-term digital objectives. What stands out is how it leverages advanced tech for lower power use and smarter cooling. Think direct liquid or mixed cooling methods. Built to match LEED Gold rules, it now serves as one of the largest green data centres worldwide. Powering it are clean energy sources, which add weight to its eco-friendly profile.</p>
<p>Nowhere else is there a place quite like this one when it comes to global recognition. Its mark on international standards began long before everyone noticed. Compliance with TIA-942 shaped how everything was built inside. Recognition under ISO/IEC 22237 arrived after careful alignment with global needs for uptime and safety.</p>
<p>What stands clear now? The country did not aim to match existing systems but also aimed beyond them. Risk handling, power stability, and nature preservation were woven into the design from day one. Few nations hold such proof of long-term vision so quietly behind technical labels.</p>
<p>Importantly, the Hexagon Data Centre marks the foundation of a statewide network of data centres envisioned under the Saudi Data and AI Authority’s strategic expansion plan. Through the use of international best practices, this effort seeks to satisfy the growing demand for digital infrastructure services while guaranteeing maximum system availability.</p>
<p>The ramifications are significant from an economic and corporate standpoint. Establishing sovereign data centres is a strategic imperative for securing national data, enhancing technological independence, and driving economic diversification beyond oil. SDAIA predicts that the Kingdom’s data centre strategy will provide a cumulative local economic effect surpassing SR10 billion (USD 2.7 billion), plus annual savings of more than SR1.8 billion. These advantages are intended to promote public-sector efficiency, stimulate non-oil growth, and improve the quality of life through more modern and responsive government services.</p>
<p>Saudi Arabia’s larger digital success has already received international notice. The Kingdom recently placed first globally in the World Bank’s “GovTech Maturity Index 2025,” topping an examination of 197 countries, a milestone that indicates persistent investment in digital governance and institutional competence.</p>
<p>When combined, these events indicate Saudi Arabia&#8217;s quick rise to prominence in the world&#8217;s digital economy. The Kingdom is establishing itself as a dependable digital nation and a prominent technological hub in the Middle East by making significant investments in safe, sustainable, and high-performance data centres.</p>
<p>The Hexagon Data Centre stands as a physical product of this transition. It’s a symbol of Saudi Arabia’s six-year journey toward digital leadership, apart from being an appealing location for global technology businesses seeking size, security, and long-term partnership in the region.</p>
<p>The post <a href="https://internationalfinance.com/technology/if-insights-saudi-arabia-unveils-worlds-largest-government-data-centre/">IF Insights: Saudi Arabia unveils world’s largest government data centre</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Malaz Capital: Shaping the future of Saudi private real estate funds</title>
		<link>https://internationalfinance.com/real-estate/malaz-capital-shaping-the-future-of-saudi-private-real-estate-funds/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=malaz-capital-shaping-the-future-of-saudi-private-real-estate-funds</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Thu, 12 Feb 2026 11:13:14 +0000</pubDate>
				<category><![CDATA[Exclusive]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Durrat Al Janadriyah]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[Kingdom]]></category>
		<category><![CDATA[Malaz Capital]]></category>
		<category><![CDATA[Riyadh]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<category><![CDATA[Vision 2030]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=54727</guid>

					<description><![CDATA[<p>Malaz Capital has solidified its position as a trusted investment partner, driving value across various sectors, including real estate</p>
<p>The post <a href="https://internationalfinance.com/real-estate/malaz-capital-shaping-the-future-of-saudi-private-real-estate-funds/">Malaz Capital: Shaping the future of Saudi private real estate funds</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Saudi Arabia’s investment landscape is undergoing a remarkable transformation driven by &#8220;Vision 2030.&#8221; As the Gulf major advances its goal of moving away from its reliance on energy trade, private markets are playing a central role in funding and driving the diversification efforts.</p>
<p>Riyadh-based investment company Malaz Capital is one such player, as it views &#8220;Vision 2030&#8221; not only as an opportunity for investors but also as a responsibility to shape a more resilient and sustainable financial ecosystem. As a CMA (Capital Market Authority)-licensed independent investment management company, the business has firmly established itself as a key force in managing private equity and real estate funds.</p>
<p>In the recently concluded International Finance Awards, Malaz Capital was honoured as the &#8220;Best New Private Real Estate Development Fund – Durrat Al Janadriyah – Saudi Arabia 2025,&#8221; which was more than a symbol of success, as the development reflected the company&#8217;s steadfast belief in its core principles: disciplined investment, innovation, integrity, and transparency.</p>
<p>&#8220;This award belongs to everyone at Malaz Capital and its stakeholders, especially our dedicated real estate team, trusted investors, and strategic partners who believed in our vision. It reaffirms our role as a homegrown investment firm capable of delivering world-class results while staying true to our values and national identity,&#8221; said Mohamed Wahby, Managing Director, Private Equity and Real Estate – Malaz Capital, while interacting with International Finance.<br />
Navigating An Evolving Market</p>
<p>Saudi Arabia’s real estate sector is undergoing unprecedented transformation, supported by strong population growth, infrastructure investment, and visionary government programmes. Yet, success in such a dynamic environment requires more than capital; it demands agility, foresight, and partnership.</p>
<p>&#8220;At Malaz Capital, we view these market shifts not as challenges but as opportunities. Our investment strategy focuses on identifying niche enclaves where demographic demand and policy support intersect. We are proud that the Durrat Al Janadriyah Fund has become a benchmark for this approach, combining prudent financial structure with developmental impact,&#8221; Mohamed Wahby remarked.</p>
<p>Malaz Capital has solidified its position as a trusted investment partner, driving value across various sectors, including real estate. </p>
<p>Malaz Capital’s vision aligns closely with &#8220;Saudi Vision 2030,&#8221; focusing on sustainability, value creation, and empowering local capital, while emphasising elements like innovation, transparency, and strategic collaboration.</p>
<p><strong>Empowering Capital</strong></p>
<p>Private markets are maturing rapidly, with investors seeking structured, transparent, and purpose-driven opportunities. Malaz Capital’s mission is to bridge capital with high-potential investments. Every fund the company designs is guided by rigorous market research, deep analysis, risk management, and a strong alignment of interest with investors.</p>
<p>&#8220;The future of investment lies in innovation and trust. Malaz Capital is continuously evolving to meet the expectations of a new generation of investors seeking both impact and performance. Our investment philosophy is rooted in solid analysis, local insight, and value creation, enabling better opportunity assessment, portfolio performance tracking, and swift responses to market changes,&#8221; Mohamed Wahby added.</p>
<p>Launched as part of Malaz Capital&#8217;s broader real estate platform, the &#8220;Durrat Al Janadriyah Fund&#8221; represents a strategic investment in Riyadh’s expanding suburban landscape. The development integrates residential villas, green spaces, and community facilities designed to meet the expectations of modern Saudi families. Beyond its financial success, the fund illustrates how private sector innovation can complement government initiatives aimed at enhancing the quality of life and housing accessibility.</p>
<p>&#8220;Equally important, we uphold the highest standards of governance. Compliance, transparency, and risk management are embedded at the core of our operations. Our framework aligns with international best practices while remaining deeply connected to Saudi values and regulatory expectations. This balance has earned us the confidence of investors who prioritise accountability as much as profitability,&#8221; Mohamed Wahby continued.</p>
<p><strong>People And Partnerships</strong></p>
<p>Malaz Capital&#8217;s greatest organisational strength has been its team of professionals, which has brought expertise, creativity, and a shared vision of responsible growth. The company is also investing in talent development while encouraging collaboration, ensuring that the workforce remains agile and innovative in a rapidly changing market.</p>
<p>&#8220;Partnerships also play a critical role in our strategy. We work closely with developers, principals, and institutions who share our long-term vision. Together, we are building platforms that deliver financial performance and sustainability. From our earliest days, Malaz Capital’s philosophy has been simple yet powerful: deliver sustainable value through disciplined investment and long-term partnerships. The Durrat Al Janadriyah Fund embodies this principle. It is a pioneering private real-estate development fund designed to capitalise on emerging residential and mixed-use opportunities within the Kingdom,&#8221; Mohamed Wahby observed.</p>
<p>The next decade will redefine private investing in Saudi Arabia, as the Kingdom starts to reap the benefits of its diversified economy. As the market opens to global participation and local talent flourishes, Malaz Capital remains committed to leading with integrity, insight, and innovation. The company&#8217;s goal has been clear: to empower capital through disciplined investment management and to continue building a legacy of trust and value that extends well beyond just financial returns.</p>
<p>The post <a href="https://internationalfinance.com/real-estate/malaz-capital-shaping-the-future-of-saudi-private-real-estate-funds/">Malaz Capital: Shaping the future of Saudi private real estate funds</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>AD Ports Group to invest USD 38 million in Jordan’s Aqaba Multipurpose Port</title>
		<link>https://internationalfinance.com/ports-and-shipping/ad-ports-group-invest-usd-million-jordans-aqaba-multipurpose-port/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ad-ports-group-invest-usd-million-jordans-aqaba-multipurpose-port</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Tue, 10 Feb 2026 12:18:35 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Ports and Shipping]]></category>
		<category><![CDATA[AD Ports Group]]></category>
		<category><![CDATA[Aqaba Development Corporation]]></category>
		<category><![CDATA[Aqaba Multipurpose Port]]></category>
		<category><![CDATA[cargo]]></category>
		<category><![CDATA[imports]]></category>
		<category><![CDATA[Jordan]]></category>
		<category><![CDATA[Kingdom]]></category>
		<category><![CDATA[UAE]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=54706</guid>

					<description><![CDATA[<p>The Aqaba Multipurpose Port handles general cargo, grains, livestock, roll-on/roll-off and project cargo</p>
<p>The post <a href="https://internationalfinance.com/ports-and-shipping/ad-ports-group-invest-usd-million-jordans-aqaba-multipurpose-port/">AD Ports Group to invest USD 38 million in Jordan’s Aqaba Multipurpose Port</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>UAE-headquartered AD Ports Group is expected to invest 141 million <a href="https://internationalfinance.com/islamic-finance/uae-saudi-arabia-lead-sukuk-issuances-sp/"><strong>UAE</strong></a> dirhams (USD 38.4 million) in Aqaba Multipurpose Port in Jordan under a 30-year concession agreement inked with Aqaba Development Corporation (ADC). The agreement also marks the fourth of the five strategic projects in the Hashemite Kingdom that were announced by the AD Ports Group in December 2021.</p>
<p>Under the agreement signed on February 5, AD Ports Group and ADC will establish a joint venture (JV) to manage and operate the Hashemite <a href="https://internationalfinance.com/wealth-management/boost-saudis-wealth-management-sector-goldman-sachs-sets-up-division-kingdom/"><strong>Kingdom’s</strong></a> only general cargo and multipurpose seaport on the Red Sea. The venture will also hold a 70% stake in the joint venture with ADC owning the remaining 30%. The joint venture will assume formal operational charge of the terminal in August 2026.</p>
<p>&#8220;The Aqaba Multipurpose Port handles general cargo, grains, livestock, roll-on/roll-off (Ro-Ro) and project cargo. It has an annual handling capacity of 11 million tonnes, supported by nine berths, a quay length of about two kilometres and a draft of 13.5 metres. In 2025, the terminal processed more than 5.3 million tonnes of cargo and nearly 85,000 car equivalent units (CEUs) of Ro-Ro imports,&#8221; reported Zawya Projects.</p>
<p>Port of Aqaba has become Jordan’s primary gateway for foreign trade, handling around 80% of the Hashemite Kingdom’s exports and 65% of its imports. The facility also serves as a key transit hub for neighbouring markets, including Saudi Arabia and Iraq. The state-backed entity is also spearheading the USD 10 billion Marsa Zayed beachfront resort and residential community in Aqaba. In February 2025, the Group appointed UAE-based MAG Group Holding as the lead developer for the first phase of the project.</p>
<p>In January 2024, the Group also signed a shareholders’ agreement between its digital arm, Maqta Technologies, and ADC to implement its Port Community System (PCS) for the Port of Aqaba.</p>
<p>In December 2024, ADC issued a Request for Qualification (RFQ) tender for the management, operation, and development of King Hussein International Airport, listed among the five strategic projects announced in December 2021. Since January 2023, the venture has been operating Aqaba’s first cruise terminal, which was the first of the five projects to be operationalised.</p>
<p>The post <a href="https://internationalfinance.com/ports-and-shipping/ad-ports-group-invest-usd-million-jordans-aqaba-multipurpose-port/">AD Ports Group to invest USD 38 million in Jordan’s Aqaba Multipurpose Port</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Saudi Arabia’s new property rules draw fresh foreign interest</title>
		<link>https://internationalfinance.com/real-estate/saudi-arabias-new-property-rules-draw-fresh-foreign-interest/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=saudi-arabias-new-property-rules-draw-fresh-foreign-interest</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Wed, 04 Feb 2026 15:48:22 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Emaar Economic City]]></category>
		<category><![CDATA[Jeddah]]></category>
		<category><![CDATA[Kingdom]]></category>
		<category><![CDATA[Madinah]]></category>
		<category><![CDATA[Makkah]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[Riyadh]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=54673</guid>

					<description><![CDATA[<p>The revised legal structure took effect officially on January 22, allowing foreigners to seek property ownership via the Saudi Arabia Real Estate online platform</p>
<p>The post <a href="https://internationalfinance.com/real-estate/saudi-arabias-new-property-rules-draw-fresh-foreign-interest/">Saudi Arabia’s new property rules draw fresh foreign interest</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>In <a href="https://internationalfinance.com/economy/vision-saudi-arabia-nears-tourism-target-visitor-numbers-hit-million/"><strong>Saudi Arabia</strong></a>, real estate developers are experiencing heightened attention from foreign investors after the Kingdom&#8217;s latest changes to property ownership regulations.</p>
<p>At the &#8220;Real Estate Future Forum&#8221; in <a href="https://internationalfinance.com/real-estate/riyadhs-housing-pipeline-set-to-surge-with-57000-new-units-by-2026-27/"><strong>Riyadh</strong></a>, developers indicated that the fresh rules allowing non-nationals to own land are starting to affect market dynamics, including choices made by builders and investors.</p>
<p>The revised legal structure took effect officially on January 22, allowing foreigners to seek property ownership via the Saudi Arabia Real Estate online platform.</p>
<p>According to the updated guidelines, international individuals, firms, and organisations can acquire property throughout the Kingdom, including in key cities like Riyadh and Jeddah.</p>
<p>However, ownership in Makkah and Madinah is still restricted to Saudi firms and Muslim individuals. Developers report that this policy adjustment is already impacting major developments, such as the &#8220;Alma Destination&#8221; along the Red Sea shoreline.</p>
<p>This coastal mixed-use tourism project is creating prospects for hospitality providers and investors, featuring plans for housing units, lodging options, marina amenities, and leisure areas.</p>
<p>Zuhair Bakheet, CEO of Al Thuraya Al Omranya Properties and lead developer of Alma Destination, noted that the project&#8217;s site in Jeddah, positioned between the sacred cities of Makkah and Madinah, boosts its attractiveness to global purchasers.</p>
<p>&#8220;If we attract people who would love to have a unit within the Makkah and Madinah region, it’s a good option. If we think of Muslim countries like… Malaysia, Indonesia, Egypt, they would love to have a unit within close proximity of the holy cities,&#8221; the official stated.</p>
<p>Another developer incorporating the regulatory update into its plans is Emaar Economic City, the primary developer of King Abdullah Economic City.</p>
<p>Emaar Economic City Chief Investment Officer Ali Al-Khatib informed that the new system marks a substantial change for the industry.</p>
<p>“We believe these new regulations for non-Saudi ownership are a significant turning point in the real estate sector in the Kingdom, and specifically for King Abdullah Economic City. We’ve already seen interest before the system was launched from last year … we’ve had interests from all around the world, from Southeast Asia, from Africa, from Europe, from the West,” he concluded.</p>
<p>The post <a href="https://internationalfinance.com/real-estate/saudi-arabias-new-property-rules-draw-fresh-foreign-interest/">Saudi Arabia’s new property rules draw fresh foreign interest</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Savvy Games, NEOM unite to elevate Saudi esports ecosystem</title>
		<link>https://internationalfinance.com/technology/savvy-games-neom-unite-elevate-saudi-esports-ecosystem/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=savvy-games-neom-unite-elevate-saudi-esports-ecosystem</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Fri, 30 Jan 2026 15:02:43 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Games]]></category>
		<category><![CDATA[gaming]]></category>
		<category><![CDATA[Kingdom]]></category>
		<category><![CDATA[NEOM]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<category><![CDATA[Saudi Vision 2030]]></category>
		<category><![CDATA[Savvy Games]]></category>
		<category><![CDATA[Startups]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=54646</guid>

					<description><![CDATA[<p>NEOM’s Level Up Accelerator, on the other hand, provides funding and mentorship to scale incubated studios into self-sustaining businesses</p>
<p>The post <a href="https://internationalfinance.com/technology/savvy-games-neom-unite-elevate-saudi-esports-ecosystem/">Savvy Games, NEOM unite to elevate Saudi esports ecosystem</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Saudi Arabia&#8217;s Savvy Games Group and <a href="https://internationalfinance.com/finance/saudi-vision-around-initiatives-track-neom-secures-crucial-funding/"><strong>NEOM</strong></a> (a planned city being built in Tabuk Province) have signed a memorandum of understanding (MoU) to support the Kingdom&#8217;s gaming startups throughout their journey from incubation to acceleration. The partnership aims to strengthen the nation’s end-to-end gaming ecosystem, apart from advancing the objectives of the &#8220;National Gaming&#8221; and &#8220;Esports Strategy&#8221; under the &#8220;Saudi Vision 2030&#8221; economic diversification agenda.</p>
<p>&#8220;The agreement formalises a coordinated approach between Savvy’s Nine66 Incubator Programme and NEOM’s &#8216;Level Up Accelerator,&#8217; ensuring that startups graduating from Savvy’s Incubator have the training, resources and support required to progress efficiently into NEOM’s Accelerator,&#8221; reported the Saudi Press Agency (SPA) about the development.</p>
<p>Chief of Staff at Savvy Games Group, Amr Sager, during the MoU&#8217;s signing, said, &#8220;As the games industry continues to grow at a rapid pace in Saudi Arabia, there is an increasing number of programmes and initiatives designed to help emerging studios and entrepreneurs to build, run, and scale their businesses.&#8221;</p>
<p>Sager added that while this momentum is encouraging, the next step would be to create stronger synergy and alignment across these efforts, so that the journey is smoother and clearer for startups to identify and source the support they need.</p>
<p>While the strategic Savvy Games-NEOM collaboration builds upon the rapid evolution of both programmes and will ultimately support a stronger pipeline of investable gaming studios, it&#8217;s worth mentioning that Savvy’s &#8220;Nine66 Incubator Programme&#8221; has already helped early-stage studios validate prototypes, build foundational capabilities, and prepare for investor engagement. Through the latest initiative, Savvy now aims to help Kingdom&#8217;s startups achieve readiness to move into the subsequent stages of development and scaling.</p>
<p>NEOM’s &#8220;Level Up Accelerator,&#8221; on the other hand, provides funding and mentorship to scale incubated studios into self-sustaining businesses. Since 2023, the programme has developed into a multi-phase platform that supports over 45 Saudi startups. It has also achieved significant milestones, including making 15 investments and maintaining a 100% survival rate within its portfolio, surpassing many global benchmarks in the process.</p>
<p>&#8220;With 17 international partners offering publishing and support, Level Up has enabled more than 170 jobs and facilitated a historic milestone: the <a href="https://internationalfinance.com/wealth-management/boost-saudis-wealth-management-sector-goldman-sachs-sets-up-division-kingdom/"><strong>Kingdom’s</strong></a> first international publishing deal for a domestic gaming start-up, signed between Fahy Studio and UK-based publisher Kwalee,&#8221; SPA noted.</p>
<p>The post <a href="https://internationalfinance.com/technology/savvy-games-neom-unite-elevate-saudi-esports-ecosystem/">Savvy Games, NEOM unite to elevate Saudi esports ecosystem</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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