Saudi Arabia

Marjorie Taylor Greene Says BRICS Nations Are Moving To 'Destroy America's Economy' By Moving Away From The Greenback, But Is The Petro-Dollar Really Dead?
Saudi Aramco's $11.2B Stock Sale To Fuel Mohammed bin Salman's Economic Transformation Plans For The Kingdom
Lenovo To Issue $2B In Zero-Coupon Convertible Bonds To Saudi Crown Prince's Sovereign Wealth Fund
Saudi Aramco's $11.2B Stock Sale To Fuel Mohammed bin Salman's Economic Transformation Plans For The Kingdom
Lenovo To Issue $2B In Zero-Coupon Convertible Bonds To Saudi Crown Prince's Sovereign Wealth Fund
Saudi Arabia's Wealth Fund Pitches In $250M For Healthcare Fund, Aiding Kingdom's Economic Diversification
IBM Ventures Into Open-Source AI With 'Granite' Models, Strikes Training Deal With Saudi Arabia For Arabic AI System

Saudi Arabia Recent News

Mohammed Bin Salman To Visit Japan As Saudi Arabia Seeks To Strengthen Economic Ties With US Asian Ally
Saudi Arabia's Crown Prince Mohammed bin Salman is set to visit Japan later this month, a move that is expected to further strengthen the economic relationship between the two countries.
Saudi Arabia-US In Talks For Security Pact As Mohammed Bin Salman-Antony Blinken Discuss Middle East Crisis: Report
A working draft of the pact sketches out principles and proposals to revive a U.S.-led initiative aimed at stabilizing the tumultuous region, which was disrupted by the Hamas attack on Israel and the ensuing war in Gaza.
Mohammed Bin Salman Scaling Back Ambitious $1.5 Trillion NEOM Project? Saudi Economy Minister Says 'There's No Change'
Saudi Arabia has confirmed that the NEOM megaprojects will proceed as initially planned, despite previous reports suggesting a potential scaling back of the futuristic desert development.
UAE Energy Minister Backs JPMorgan's Call For 'Reality Check' On Global Energy Transition
The United Arab Emirates'energy minister, Suhail Al Mazrouei, has expressed his support for JPMorgan's recent cautionary stance on the global energy transition.
US State Secretary Antony Blinken Arrives In Saudi Arabia To Discuss Gaza Governance After Israel-Hamas Conflict
U.S. Secretary of State Antony Blinken has landed in Saudi Arabia to initiate discussions on the governance of Gaza post the Israel-Hamas conflict.
Saudi Arabia Near Deal For Stake In Gold, Copper Mine Project In Pakistan's Troubled Province
Saudi Arabia's Manara Minerals is reportedly in advanced talks to acquire a minority stake in Pakistan's Reko Diq gold and copper mine project. The project, located in the commodity-rich province of Balochistan, is on track to start production by 2028.
US Military Destroys 2 Houthi Drones Over Yemen And Red Sea
The U.S. military has confirmed the destruction of two drones in Houthi-controlled areas of Yemen and over the Red Sea, citing a potential threat to American and coalition forces.
Gene Munster Says US Government Likely To Block Top AI Firms From Foreign Funding Over National Security, Calls AI 'The Next Arms Race'
Gene Munster raises concerns over the potential national security implications of Saudi Arabia's $40 billion AI investment, highlighting the risk of foreign investments triggering a response from the U.S. government's Committee on Foreign Investment.
Saudi Aramco CEO Amin Nasser Says 'Abandon The Fantasy Of Phasing Out Oil And Gas'
Saudi Aramco CEO Amin Nasser has cautioned that the global energy transition is faltering and urged policymakers to adopt a more realistic approach to the future of oil and gas.
Saudi Arabia's AI Revolution: Unleashing Risk Appetite And Financial Power
As the Saudi Public Investment Fund (PIF) marches towards an impressive $1 trillion by 2025, it solidifies its position as a major player in global investments, particularly in transformative tech. PIF, guided by Crown Prince Mohammed Bin Salman (MBS), is the 5th largest Sovereign Wealth Fund in the world, with $926 billion in assets (SWFI).
Mohammed Bin Salman-Led PIF Eyes Acquisition Of National Airline Saudia To Shift Kingdom's Economy From Oil Dependency And Boost Tourism: Report
The discussions are still at an early stage, but they could see the PIF take over Saudia from the Saudi government.
Saudi PIF Mulls Bond Sales, IPOs For Mohammed Bin Salman's Trillion-Dollar Economic Transformation Project
The Saudi Arabian Public Investment Fund is contemplating an increase in bond sales and IPOs to finance the ambitious economic transformation project spearheaded by Crown Prince Mohammed bin Salman.
Former Trump Lawyer Says Ex-President's 'Super Ego' Deflated By $454M Legal Judgment: 'Well, Of Course He's Embarrassed...'
In a recent interview, Michael Cohen, former attorney to former President Donald Trump, suggested that the former president's "super ego" has taken a hit due to his mounting legal fees. Cohen also warned of potential national security risks if Trump's legal debts are paid off by foreign entities.
Cristiano Ronaldo Faces Saudi Probe Over Alleged Obscene Gesture Post-Match: 'Everything Has Its Limits, No Matter How Famous You Are'
The Saudi Football Federation is reportedly investigating which was not captured on television, but was recorded on social media.
Potential Trump Return Stirs Japanese Businesses, Wealthy Americans Evading Taxes, Saudi Arabia's Economic Challenges And 'Swiftonomics': Top Economics News This Week
Mohammed Bin Salman's 2030 Vision Hits Economic Roadblock: Saudi Arabia Contemplates Unprecedented Borrowing, Weighs Aramco Stake Sale
The ambitious development projects in Saudi Arabia are straining the country's finances, leading to unprecedented borrowing and potential stock sales in its crown jewel, Saudi Aramco.
Alibaba Partners With Saudi Arabia And UAE Firms As China Gets Closer To Gulf
This development comes at a time when the Gulf nations are strengthening their ties with China, seeking investments to diversify their economies beyond oil.
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Is Lucid Crafting An Exclusive Security Vehicle For Saudi Police? What Online Leaks Reveal
Intriguingly, the Lucid police car is already in use in Saudi Arabia, with sightings reported in the King's motorcade last week.
Saudi Arabia Seeks US Defense Pact, Offers To Accept Political Commitment For Palestinian State: Report
Saudi Arabia is willing to accept a political commitment from Israel for the establishment of a Palestinian state. This is in a bid to secure a defense pact with the U.S. before the 2024 presidential election.
Aramco Halts Plan To Increase Maximum Crude Production Capacity Amid Oil Demand Uncertainty
Aramco announced its decision to halt plans to increase crude production capacity from 12 million barrels per day to 13 million barrels per day. The decision marks a significant shift from the directive received years ago and after billions of dollars invested to boost production capacity by 2027.
Saudi Arabia To Open First Alcohol Store In Riyadh For Non-Muslim Diplomats
The store, located in the Diplomatic Quarter of Riyadh, will require customers to register through a mobile app and obtain a clearance code from the foreign ministry.
Powerhouses America, China, Russia Race For Saudi Arabia's Mineral Resources As Kingdom Positions Itself As A "Super Region"
The key government officials and leading mining executives from these countries have gathered in Riyadh. They aim to benefit from Saudi Arabia's increasing mining investments, which are part of the Kingdom's broader economic diversification strategy.