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A Saudi tech university program sounds the call to entrepreneurial actionYoung Saudis eager to do their bit to transform their country into a technology hub can access a wide range of tailored initiatives by the Saudi government and local institutions. One of them is the Entrepreneurial Emerging Leaders Acceleration Program, launched by the King Fahd University of Petroleum and Minerals Entrepreneurship Institute (KFUPM-EI) in Dhahran, Eastern Province, to drive growth in local technology-based startups.
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NEOM pitches investment opportunities to more than 700 US business leaders
More than 700 US business, sustainability, and investment leaders attended a series of showcase events to highlight the development of NEOM, the $500 billion project owned by Saudi Arabia’s Public Investment Fund, according to the project’s CEO. The “Discover NEOM” events followed on from a similar exercise in London last year.
More than $500 billion will be invested, with money coming from the Kingdom’s Public Investment Fund as well as private businesses.
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NEOM to invite firms to tender for high-speed rail packagesSaudi Arabia's $500-billion gigaproject, NEOM, is expected to issue the request for qualification for contracts related to the high-speed rail scheme THE LINE project, Meed reported. Within the next two months the future city that is currently in the development phase in Saudi Arabia, will issue the request, which will be handled in two packages; Package A and Package B.
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