Saudi Arabia

How 'Chip Wars' Are Evolving Into 'Cloud Wars' 1

How ‘Chip Wars’ Are Evolving Into ‘Cloud Wars’

In the age of AI, data centers are becoming the “factories of the future,” according to Chris Miller, author of Chip War. He suggests that the global competition for AI supremacy is shifting from ‘chip wars’ to ‘cloud wars,’ as countries like Saudi Arabia, the UAE, Kazakhstan, and Malaysia invest

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Saudi Arabia Orders 100 Flying Taxis 1

Saudi Arabia Orders 100 Flying Taxis

Saudi Arabian airline Saudia has placed a significant order for 100 electric vertical takeoff and landing (eVTOL) vehicles from the German air taxi firm Lilium. This move marks a major step towards integrating flying taxis into mainstream transportation, with the deal set to be finalized during an upcoming event at

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Saudi Aramco's $1.8 Trillion Secret Revealed 1

Saudi Aramco’s $1.8 Trillion Secret Revealed

Discover the colossal scale of Saudi Aramco, Saudi Arabia’s national oil company, which holds an unmatched 259 billion barrels of oil and gas reserves, dwarfing all other global competitors. This vast resource base contributes significantly to Saudi Aramco’s staggering $1.8 trillion valuation, making it the sixth-largest company worldwide by market

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Deadly Heatwave Claims Over 1,000 Lives At This Year's Hajj 1

Deadly Heatwave Claims Over 1,000 Lives At This Year’s Hajj

Over 1,000 lives were lost in a deadly heatwave during this year’s Hajj, with a significant number being unregistered pilgrims, including 630 Egyptians. The pilgrimage in Saudi Arabia’s scorching Mecca saw temperatures peak at 51.8°C (125°F) this week, highlighting severe health risks. Over a thousand people have died during this

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Saudi Arabia Ends 80-Year Petrodollar Deal With US 1

Saudi Arabia Ends 80-Year Petrodollar Deal With US

Saudi Arabia’s termination of its 80-year petrodollar deal on June 9, 2024, may reshape global oil markets, as it considers selling oil in currencies like the Chinese yuan, impacting US economic dominance. According to media sources, Saudi Arabia has chosen not to extend its 80-year petrodollar agreement with the United

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