Business & Money | Sunday 13 September, 2026 8:00 am

Saudi Arabia weighs EA-Savvy merger to create global gaming giant

Saudi Arabia’s Public Investment Fund (PIF) is considering merging Electronic Arts (EA) with Savvy Games Group in a deal that would bring popular games including “Madden NFL” and “Pokémon Go” under one umbrella, Bloomberg reported, citing sources. PIF executives are considering...

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Business & Money | Sunday 13 September, 2026 8:00 am

CEER to launch first EVs in Saudi Arabia on Sept. 21

CEER, Saudi Arabia's first automotive company, stated that it will launch its first electric vehicles, including sedan and SUV models, on Sept. 21.  The launch reflects Saudi Arabia’s strategic drive to develop an advanced industrial sector in line with the objectives of Saudi Vision...

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Business & Money | Sunday 13 September, 2026 8:00 am

Saudi minister seeks stronger AI partnerships

Saudi Minister of Communications Abdullah Al-Swaha held meetings with executives from NVIDIA, Intel, HPE and Kleiner Perkins during his visit to Silicon Valley, the state-run SPA reported. They discussed strengthening the Kingdom’s partnerships in AI, semiconductors, advanced computing and...

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Business & Money | Sunday 13 September, 2026 8:00 am

S&P affirms Saudi Arabia’s A+ rating with stable outlook

S&P Global Ratings affirmed Saudi Arabia’s long-term sovereign credit rating at 'A+', with a stable outlook. The agency said the affirmation reflects the Kingdom’s ability to withstand pressures stemming from geopolitical tensions in the Middle East, supported by diversified energy...

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Business & Money | Thursday 10 September, 2026 12:53 pm

Denis Kitaev, The Businessman Behind Vesper

Full name Kitaev, Denis VladimirovichDate of birth2/3/1977 CityMoscow CareerEntrepreneurFieldReal estate development, especially luxury real estateHigher educationFinance Academy (since 2010 — Finance University) under the Government of the Russian Federation First...

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Business & Money | Thursday 10 September, 2026 8:00 am

PIF plans to meet Wall Street heavyweights to explore investment opportunities: Report

Saudi Arabia’s Public Investment Fund (PIF) is set to meet some of Wall Street’s heavyweights in New York this week as it seeks foreign backing for its spending plans amid cash constraints at home, SEMAFOR website reported. The sovereign wealth fund’s senior management — along with...

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Business & Money | Wednesday 9 September, 2026 12:59 pm

His Excellency the Vice Minister of Transport and Logistic Services, Dr. Rumaih bin Mohammed AL-Rumaih, inaugurates Saudi Warehousing & Logistics Expo in Riyadh

On behalf of His Excellency the Minister of Transport and Logistic Services, Eng. Saleh Al-Jasser, His Excellency the Vice Minister of Transport and Logistic Services, Dr. Rumaih bin Mohammed AL-Rumaih, inaugurated the 3rd edition of Saudi Warehousing & Logistics Expo at the Riyadh...

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Business & Money | Wednesday 9 September, 2026 12:56 pm

SEREDO 2026 concludes in Jeddah after attracting 35,000 visitors

SEREDO 2026, the fifth edition of the Saudi real estate development and ownership exhibition, concluded in Jeddah after attracting around 35,000 visitors over three days. Held at the Jeddah Superdome under the patronage of the Ministry of Municipalities and Housing, the exhibition brought...

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Business & Money | Wednesday 9 September, 2026 11:04 am

Kyrgyz Republic presents Tamchy SFIT at AIM Congress in Dubai as gateway to Central Asia for foreign capital

DUBAI, UAE – The Tamchy Special Financial Investment Territory (Tamchy SFIT) partnered with the 15th annual AIM Congress investment forum, which is being held September 7–9 in Dubai (UAE). The delegation from the Kyrgyz Republic led by Ayaz Baetov, Chairman of the Management Council of Tamchy...

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Business & Money | Wednesday 9 September, 2026 8:00 am

ADEX celebrates 7 years of leadership, achievement

Marking the seventh anniversary of Abu Dhabi Exports Office (ADEX), a national journey of pioneering achievements continues to strengthen ADEX’s position as a strategic partner in supporting UAE industries and expanding the presence of national products in global markets. This journey...

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