SA: Saudi Arabia plans to pour $40bn into AI technology – report
SEEKING ALPHA reports: Saudi Arabia is apparently creating a fund worth about $40B to invest in ...
© Peter Hermes Furian
By Alex Lennane
Saudi Arabia looks set to revitalise a plan which will see a new railway linking the Red Sea and Persian Gulf. It has asked for bids to build the 1,000-mile land bridge, which would cut three days off the five-day journey by sea.
The plan has been on hold since 2008, but building could start as early as this year, and improve links to Riyadh and Jeddah.
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