Effort aims to allay longstanding U.S. concerns that Gulf states could become backdoors for China to obtain advanced American technology
In his State of the Union address, Trump warned Iran against further escalation, heightening market concerns about potential oil flow disruptions
Signs of the widening fiscal gap have been evident for months, with the slowing down of NEOM and shelving of Riyadh's $50 billion Mukaab cube
The shift comes as more than 700 multinationals have already moved regional headquarters to Riyadh, well above earlier target of 500 by 2030
The project, announced on the sidelines of the AI Impact Summit taking place in New Delhi, will be delivered in collaboration with U.S. AI company Cerebras Systems
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