Search Site

Trends banner

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Saudi Arabia workshop woos German investors

  • Saudi Arabia is opening up its economy while diversifying it to lessen its dependence on oil
  • It is believed to have investment opportunities worth SAR12 trillion (€2.7 trillion or $3.2 trillion)

The Ministry of Investment of Saudi Arabia has organized a workshop for investors from German companies, said official sources on Tuesday, September 21.

The workshop was aimed at enhancing existing investments and discussing promising investment opportunities between the two countries, said the sources.

It was held at the ministry’s headquarters, apparently as part of its efforts to open direct channels of communication with investors.

The ministry will reportedly provide services and solutions through its multiple channels.

The workshop discussed the most prominent ways to expand the current investments and the most important points that contribute to improving the investment environment in line with Saudi Arabia’s Vision 2030.

Saudi Arabia, as it opens up its economy while diversifying it to lessen its dependence on oil, is believed to have investment opportunities worth SAR12 trillion (€2.7 trillion or $3.2 trillion).