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Saudi Arabia

Industry News
Source: Al Arabiya

China Expands Strategic and Economic Cooperation in Talks with Oman and Saudi Arabia

Chinese President Xi Jinping held talks in Beijing with Sultan Haitham Bin Tarik of Oman, witnessing the signing of agreements across industrial supply chains, green development, and digital finance. Concurrently, Saudi Crown Prince Mohammed bin Salman sent an official message to Xi regarding bilateral trade, energy supplies, and maritime security.

Industry News
Source: Laodong.vn

ADNOC Partners with OpenAI and G42 to Deploy AI in Oil Operations

The Abu Dhabi National Oil Corporation (ADNOC) has announced a cooperation agreement with OpenAI and UAE-based technology group G42. The initiative aims to make ADNOC the world's first energy company to deploy OpenAI's Frontier platform to analyze subsurface data and forecast energy markets. Financial terms of the agreement were not disclosed.

Industry News
Source: Gulf Construction

Fangda Group JV Secures $306M Curtain-Wall Deal for Qiddiya Stadium

Chinese contractor Fangda Group has won a SAR 1.15 billion ($306 million) contract through a joint venture for the Qiddiya City stadium in Saudi Arabia. The China-Saudi venture will engineer, manufacture, and install the venue's exterior curtain-wall systems. The award forms part of the ongoing Saudi Vision 2030 development program.

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