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  • Six years to go, what Saudi Arabia’s Vision 2030 aims to achieve

    Various reforms have been implemented to enhance the business climate, create jobs, and invite investment into the country. Under this initiative, Saudi Arabia is preparing its people for a new world that embraces technology and is ready to face issues such as climate change.

  • Saudi Arabia balks at Israel normalization, floats ‘modest’ defense pact with US: Report

    “Under that option, the US and Saudi Arabia would sign agreements on a bilateral defense pact, US help in the building of a Saudi civil nuclear energy industry, and high-level sharing in the field of artificial intelligence and other emerging technologies,” the British daily reports.

  • Saudi Arabia: High-net-worth Muslims eye luxury homes in holy cities, report finds

    Saudi Arabia's drive to attract expats and boost its real estate market could be turbocharged by a largely untapped demographic in the global south: rich Muslims eyeing homes in Islam's two holiest cities. According to a report published by real estate consultancy firm Knight Frank, despite western media focusing much of its attention on the kingdom's drive to boost luxury beach resort tourism and legalise alcohol, demand for glitzy real estate in Saudi Arabia has surged among Muslim high-net-worth individuals (HNWI)

  • Accenture Graduates first group from its capability hub in Saudi Arabia

    The hub currently offers a rigorous multi-track training program accredited and exclusive to Accenture employees covering various areas such as security, cloud, data & AI, and change management. It is the first step towards launching Accenture LearnVantage Academy Saudi Arabia, which will offer comprehensive technology education and training services to businesses and organisations in Saudi Arabia, allowing them to reskill and upskill their employees and help them reinvent their organisations and achieve greater business value.

  • Senate Democrat raises concerns about US-Saudi nuclear deal

    Sen. Ed Markey (D-Mass.), co-chair of the Nuclear Weapons and Arms Control Working Group, is raising concerns over Saudi Arabia’s intention to pursue a civil nuclear program with the U.S., citing the country’s “appalling human rights practices” and desire for nuclear weapons.

  • Saudi woman jailed for 11 years over rights posts, Amnesty says

    Amnesty International called on Saudi Arabia to free a 29-year-old fitness instructor it says has been sentenced to 11 years in prison for her choice of clothing and social media posts urging an end to the kingdom's male guardianship system.
    Manahel Al-Otaibi was sentenced in January and details of her case emerged in Saudi Arabia's formal reply to a request from the United Nations human rights office, London-based Amnesty said in a statement on Tuesday.

  • Cars are swept away and roads turned into rivers as Saudi Arabia is hit by floods two weeks after apocalyptic Dubai storms blamed on cloud-seeding

    Flash flooding has devastated parts of Saudi Arabia this week with shocking footage showing cars being swept away by the deluge as roads were submerged amid torrential downpours.

    Clips shared on social media showed how major highways in the Kingdom were overrun by devastating floodwater that cascaded down typically dry and rocky outcrops and swept through cities and towns below.

  • Saudi Chemical Giant’s Profit Slumps as Pressures Persist

    Saudi Arabia’s top chemicals company reported a 62% drop in year-on-year profit as weak demand puts the industry under stress.

  • US and Saudis Near Defense Pact Meant to Reshape Middle East

    The agreement faces plenty of obstacles but would amount to a new version of a framework that was scuttled when Hamas militants attacked Israel on Oct. 7, triggering the conflict in Gaza. Negotiations between Washington and Riyadh have sped up recently, and many officials are optimistic that they could reach a deal within weeks, according to the people, who asked not to be identified discussing private deliberations.

  • Saudi Arabia’s GDP Contracts Again, With Non-Oil Growth Slowing

    Saudi Arabia’s economy contracted for a third straight quarter following the kingdom’s decision to cut petroleum production, while non-oil growth eased to the slowest pace since the coronavirus pandemic.

    The non-oil economy — a priority for the government as it looks to open up and transform the country — expanded by 2.8% in the first quarter on an annual basis, according to preliminary data published by the kingdom’s statistics office on Wednesday. That compared to 4.2% in the prior quarter.