Saudi Arabia is looking for someone to build its new high-speed train. And a battalion of Spanish giants are going to compete

Saudi Arabia has put one of the most ambitious railway projects in the Middle East on the table, and the response from the global industry has been especially strong: 145 international companies have officially expressed their interest for participating in the new high-speed line that will connect Riyadh with Qiddiya, a newly created city dedicated … Read more

Saudi Arabia has insisted on connecting its two seas by train. And to achieve this it has been placed in the hands of a Spanish company

Saudi Arabia has launched one of the most ambitious railway projects in the Middle East: the “Landbridge” or “Land Bridge”, a $7 billion high-speed network that will connect the Red Sea to the Persian Gulf. The infrastructure will link Jeddah to Dammam via Riyadh, covering nearly 1,500 kilometers with the aim of completely transforming transport … Read more

Saudi Arabia is not buying EA for video games. He is buying cultural influence in hundreds of millions of homes

An Arab sovereign background has just closed the greatest leverage purchase operation in history: 55,000 million dollars per electronic arts. Paying a 25% premium (in the normal fork), apparently without haggling (definitely abnormal). Closing the operation in record time. And nobody lifts an eyebrow. Because it is supposed to be “only video games.” But they … Read more

Saudi Arabia hugs renewables for the most unexpected: reinforce their oil power

The oil market faces an unexpected turn: the threat to large exporters does not come from the capitals that lead electrification, such as Oslo or Shenzhen, but from the heart of the industry, Saudi Arabia. In a column published in Bloomberg Opinionanalyst David Fickling summarized it with a disturbing metaphor: “The murderer calls from within.” … Read more

Saudi Arabia cuts 8,000 million dollars its budget

He Neom megaprojectit has been the closest to the construction of the great pyramids that Middle East has lived. The project intended Undoil to Saudi Arabia of its dependence on fossil fuels that have supported the country during the last decades, to make it an attractive destination for investments and High purchasing power tourism. According … Read more

The Line goes regular, so Saudi Arabia has asked some consultants to solve the obvious: if it makes sense

When years ago The heir prince Mohammed Bin Salman presented the plans of The Linethe gigantic Pharaonic glazed city that Saudi Arabia wants to build in full desert, the idea sounded for science fiction. And it’s normal. Not every day a megalopolis of 170 km long, 200 m wide and huge skyscraper, all thought to … Read more

There is a region in Latin America that has more oil than all Saudi Arabia. And yet it produces 12 times less

To the east of Venezuela, the Orinoco oil strip wants to return to its golden age, but faces political, economic and technical challenges. Venezuela has the largest proven oil reserve in the world: 300,878 million barrels. To put it in perspective, Saudi Arabia has in its territory a reserve of 267,000 million barrels. A Treasury. … Read more

Russia, Emirates and Saudi Arabia are dynamiting the poster from within

In 1973 one of the greatest energy crises of the twentieth century broke out. Yom Kipur war and the oil embargo decreed by Arab countries fired the price of crude oil, which quadrupled in a few months. The consequence was an economic storm: inflation, recession and a deep geopolitical rearrangement that catapulted the OPEC to … Read more

Saudi Arabia has signed a check of 7,000 million dollars for Nvidia. Jensen Huang is now 12,000 million richer

In his Official visit to Saudi ArabiaDonald Trump has been accompanied by an entourage of technological entrepreneurs including Elon Musk, Sam Altman, Lisa his and Jensen Huang. The presence of all these technological executives is justified within the framework of A GREAT COMMERCIAL AGREEMENT Between both countries valued at 600,000 million dollars, which includes the … Read more

Saudi Arabia wants to become a new power in data centers. Nothing is clear that I can do it

Donald Trump has made a unique tour of several countries in the Middle East, and among the agreements that are considered surprising: Saudi Arabia, United Arab Emirates and Qatar want to invest billions of dollars in the construction of data centers for ia. The question is whether they will do so. Chips for strategic alliances. … Read more

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.