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RIYADH: NEOM began as an idea conceived by Crown Prince Mohammed bin Salman during the first Future Investment Initiative Forum in 2017. The ambitious project is now a reality that serves as a vision for the future of a world that harnesses the power of smart technology, harmoniously linked with nature, to perfectly cater to the needs of humanity. The developers of NEOM, a ....
RIYADH: It was surprising to see that the big deal makers and large asset managers are so displeased with the fast pace of the environmental action at the expense of global economic recovery. For years, oil-producing countries such as Saudi Arabia have warned that the world is moving too fast to reduce carbon emissions, with the result that less money is being channeled into ....
RIYADH: Low-carbon hydrogen can be produced at a cost of $2 per kg but the issue is transporting the fuel to where it is needed, according to the chief technology officer of Aramco. Speaking at the Future Investment Initiative Forum in Riyad, Ahmad Al Khowaiter said the technology for capturing the gas has proven itself reliable “over many years” and is “at scale today”. ....
Investors in the digital health industry will see a return of up to 35 percent every year for the next decade, according to the head of a global technology firm. Peter Ohnemus, president and CEO of Zurich-based dacadoo, talked up the rise of the sector during a discussion on investing in medical innovations at the Future Investment Initiative Forum in Riyad. He said that the ....