HP Expands in Saudi Arabia with New Manufacturing Facility and AI R&D Center to Support Vision 2030

HP has launched its first manufacturing facility in Riyadh and an AI R&D Center in Dhahran to support Saudi Arabia’s Vision 2030. The dual investment will enhance local production, strengthen supply chains, and accelerate AI innovation across key sectors. It also underscores HP’s commitment to developing Saudi talent, promoting digital inclusion, and positioning the Kingdom as a hub for regional innovation.

Read More

Etihad Salam and AFR-IX Telecom Partner to Link Medusa Submarine Cable System to Saudi Arabia

Etihad Salam has partnered with AFR-IX Telecom to connect Saudi Arabia to the Medusa Submarine Cable System via Aqaba, Jordan. The deal establishes Saudi Arabia as a key interconnection hub between Europe, Africa, and Asia, enhancing digital capacity and supporting Vision 2030 goals. The 8,760 km Medusa cable delivers up to 480 Tbps of bandwidth, enabling faster, more resilient data transfer across continents.

Read More

Saudi Arabia to Build $7 Billion High-Speed Rail Linking Red Sea to Gulf

Saudi Arabia is investing $7 billion in a landmark high-speed rail project linking Jeddah, Riyadh, and Dammam. The 1,500 km “Land Bridge” will cut travel time between Riyadh and Jeddah to under four hours and expand the national network to over 8,000 km. The initiative aligns with Vision 2030 and includes hydrogen-powered trains, a luxury “Dream of the Desert” route, and new freight corridors, cementing the Kingdom’s role as a regional transport hub.

Read More

TeleMoney and Mastercard Partner to Enhance Cross-Border Payments in Saudi ArabiaOctober 20, 2025 — By Jennifer Onyeagoro

TeleMoney, the international remittance arm of Arab National Bank, has partnered with Mastercard to enable seamless global money transfers via Mastercard Move. The partnership supports Saudi Vision 2030 and meets the rising demand for digital remittance solutions. With coverage in over 160 countries and 150 currencies, the collaboration underscores Saudi Arabia’s emergence as a major hub for digital finance and expatriate remittances.

Read More