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3 mins read
Saudi Arabia just stepped up plans to court the world's AI leaders to its desert kingdom
The Middle East kingdom is betting big on AI as it races against the clock to diversify its economy…
Hasan Chowdhury
5 mins read
Saudi Arabia is on a high-stakes mission to buy the world
The Kingdom's sovereign wealth fund has risen in prominence as it has invested in everything from U…
Hasan Chowdhury
5 mins read
How Saudi Arabia's ruler used chaos in the Middle East to get what he wants from the US
Crown Prince Mohammed, far from being isolated by the US, has just secured an end to the four-year …
Tom Porter
2 mins read
Saudi Arabia may be forced to reassess megaprojects like Neom
Saudi's Vision 2030 plans feature several projects, including the futuristic megacity Neom and an e…
Beatrice Nolan
2 mins read
Saudi Arabia's Neom dreams collide with financial reality as budgets reportedly face big cuts
Neom is expected to get 20% less than its target funding for the year, with plans for an airline al…
Beatrice Nolan
2 mins read
Saudi Arabia to raise $12 billion by selling more shares in Saudi Aramco amid Neom struggles
The sale comes amid Saudi Crown Prince Mohammed bin Salman's Vision 2030 plan to diversify the king…
Polly Thompson
4 mins read
Saudi Arabia is seeking billions in Chinese investment for Neom. But it comes with a massive risk.
Saudi Arabia is brokering closer ties with China. But the alliance is of growing concern to Saudi's…
Tom Porter
1 min read
Saudi Arabia is reportedly funding a Chinese startup that aims to take on OpenAI
A Saudi Arabian fund recently became the sole foreign investor in Zhipu AI, a Chinese startup that …
Beatrice Nolan
2 mins read
OPEC+ output witnesses biggest drop in six months, falling short of agreed cuts
In January, OPEC+ crude output witnessed a decline of 340,000 b/d, attributed partly to voluntary c…
ANI
1 min read
Saudi Arabia is reportedly trying to plug a $21 billion deficit by selling bonds
Riyadh is pressing ahead with massive spending projects as part of its Vision 2030 economic transfo…
George Glover
3 mins read
Saudi Arabia's oil giant boss speaks up for China, saying its massive production of solar panels and EVs helps affordability
The comments come as the West has stepped up criticism of China's dumping of cheap green products o…
Huileng Tan
2 mins read
India's exports to Kuwait surged by 34.78% Y-o-Y to USD 2.1 bn
India's trade with Kuwait has surged remarkably, with Indian exports to the Gulf nation reaching an…
ANI
2 mins read
Saudi Arabia's futuristic megaprojects are so expensive that even its oil riches may not be enough
Saudi Arabia is starting to sell debt again and offload more Aramco shares to help fund projects su…
Tom Porter,Hasan Chowdhury
1 min read
Saudi Arabia is desperately trying to woo bankers to pay for its futuristic desert city
Saudi Arabia hopes that bankers will shell out cash once they see the progress on its futuristic de…
Geoff Weiss
1 min read
Saudi Arabia's $500 billion Neom megacity is reportedly seeking new sources of cash
Developers of the Saudi desert megacity are set to issue bonds for the first time, Bloomberg report…
George Glover
1 min read
MBS might be ready for some 'tough conversations' about 'recalibrating' Saudi Arabia's Neom and Vision 2030 projects
Saudi Arabia's Crown Prince may be open to discussing whether some Vision 2030 projects should be d…
Beatrice Nolan
1 min read
Mukka Proteins shares jump over 57% in debut trade
Shares of Mukka Proteins, which manufactures fish meal, fish oil, and fish soluble paste, on Thursd…
PTI
4 mins read
Saudi Arabia's Neom is looking to fill 262 job vacancies. The roles show just how futuristic the megacity could be.
Recruitment is underway at Saudi Arabia's ambitious smart city, Neom — 262 vacancies have bee…
Polly Thompson
1 min read
Saudi Arabia trims oil prices to Asia as booming US exports add competition
Saudi Arabia lowered prices on its flagship Arab Light crude for the first time since June, facing …
Aruni Soni
2 mins read
US oil production will keep booming in 2024, setting up a possible showdown with Saudi Arabia
US oil companies are boosting their budgets, and production forecasts indicate new record highs in …