The tech giant also plans to develop local AI solutions, and train regional talent to foster innovation and entrepreneurship.
The move aligns with Saudi Arabia’s plans to become a global AI hub, as the Kingdom anticipates a $135 billion boost to GDP by 2030.
The duo plans to revolutionize financial savings in the Kingdom while revealing an extensive life insurance coverage plan for Hakbah members.
The space tourism startup aims to conduct crewed flights in 2025 and commence full commercial operations by as early as 2026.
The ambitious project, projected to be completed by 2032, will transform the Saudi capital’s downtown.
The company has struck a deal with PIF-owned Alat to build a new headquarters and manufacturing plant in the Kingdom.
The partnership will see Pasqal install and operate the 200-qubit device in Saudi Arabia, with a scheduled deployment in mid-2025.
The pair will collaborate on the Center for Space Futures, advancing space tech by bringing together public and private stakeholders.
The global branding and urban planning for Qiddiya City aims to bring in 48 million visitors annually.
The residential community will offer a wealth of living, dining, and entertainment options, along with a stunning marina and international school.