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  • Saudi Arabia to partner with US company to manufacture and export “flying taxis”

    The American Doroni Aerospace company announced that it has decided, in partnership with Saudi entities, to manufacture H1-X ‘flying car.’ Designed for personal use, the HX-1 is a two-seater aircraft that can be parked in a two-car garage, charged at home, and can take off vertically from a driveway. Doroni Aerospace, a company based in Pompano Beach in Florida, said it has secured a $30 million strategic investment from Innovation Wings Industries (IWI), operating as Kingdom Aero Industries (KAI) in Saudi Arabia.

  • Commentary: Saudi Arabia’s rise signals decline of Europe’s geopolitical centrality This article was published in thejakartapost.com with the title “”. Click to read: https://www.thejakartapost.com/opinion/2025/03/03/saudi-arabias-rise-signals-decline-of-europes-geopolitical-centrality

    It signals a shift away from Europe’s centrality in diplomacy and fits well with Trump’s broader policy of bilateral, pragmatic diplomacy that prioritizes economic and geopolitical gains. The US-Russia discussions in Saudi Arabia also indicate Trump’s strategic use of Saudi Arabia to secure swift diplomatic wins, furthering his domestic and international standing. Trump’s choice of Riyadh for the Ukraine peace talks also shows that Saudi Arabia has strategically positioned itself as a neutral intermediary, leveraging its strong relations with global powers including the US, Russia, China and European nations.

  • NEOM: Understanding Saudi Arabia’s Visionary Project

    The NEOM Project, announced in 2017, occupies a strategic vantage point along the Red Sea. The word “NEOM” is derived from the Greek term “Neo” (new) and the Arabic word “Mostaqbal” (future), meaning a “New Future”. NEOM encompasses tourist destinations, industrial zones, data and research centers, such as The Line (a linear smart city), Oxagon (a floating industrial city), and Trojena (a sustainable mountain tourism destination). NEOM, situated strategically in Saudi Arabia’s Tabuk province, is within a six-hour flight of 40 percent of the world’s population. It presents investment opportunities across 15 sectors, creating scope for substantial job creation and attracting new residents.

  • Ramadan In Saudi Arabia: These Are The Key Timings To Know About

    As the Holy Month inches closer, the Arab world is preparing to celebrate time with family, connection and devotion. As called by tradition, Ramadan’s start is determined by the sighting of the crescent moon, which, according to Saudi Arabia’s Supreme Court, has called Muslims to observe on the evening of Friday, February 28, 2025. This corresponds to the 29th of Sha’ban 1446 AH in the Hijri calendar, marking the point for when Ramadan will begin. Additionally, if the moon is spotted after the Maghrib prayer, Ramadan will begin on March 1, 2025. Otherwise, it will start the day after. Along with fasting from dawn to sunset, key timings for prayers, Iftar and Suhoor will shape daily routines throughout the month.

  • Saudi Arabia says Israel seeking to ‘destabilize’ Syria with airstrikes

    Saudi Arabia condemned on Thursday recent Israeli strikes targeting Syria, accusing it of attempting to destabilize the situation in the country. The Kingdom’s foreign ministry issued a statement on X saying that Israel was attempting “to destabilize [Syria’s] security and stability in repeated violations to the international agreements and laws.” Israel on Tuesday struck southern Damascus and in southern Syria near the Jordan border, the latest in a series of Israeli attacks on what it says are Syrian military targets. Israel moved forces into a UN-monitored demilitarized zone within Syria after opposition groups toppled former President Bashar al-Assad in December.

  • Saudi Arabia opens first phase of Sports Boulevard

    Saudi Arabia has opened the first phase of Sports Boulevard, marking a major milestone in Riyadh’s transformation into a global athletics and lifestyle destination.  The project, led by the Sports Boulevard Foundation, is now 40 percent complete, with 83 km of the route set to be accessible to visitors starting Feb. 27, according to the Saudi Press Agency.  Chaired by Crown Prince Mohammed bin Salman, the board of directors of the SBF announced the launch of the phase, which includes five key destinations: Wadi Hanifah, the Promenade, a section at the intersection of Prince Mohammed bin Salman bin Abdulaziz Rd. and Prince Turki bin Abdulaziz Al-Awwal Rd., as well as the Princess Nourah bint Abdulrahman University internal loop, and the first phase of Sands Sports Park.

  • Saudi Arabia Sends 57th Relief Flight to Gaza

    The 57th Saudi relief airplane, operated by the King Salman Humanitarian Aid and Relief Center (KSrelief) in coordination with the Ministry of Defense, arrived Tuesday at El Arish International Airport in the Arab Republic of Egypt. The airplane carried shelter materials, food baskets, and medical equipment to be sent to the affected Palestinian people in the Gaza Strip. The aid is part of the Kingdom of Saudi Arabia's ongoing humanitarian efforts to support the Palestinian people during the crises and hardships they face.

  • Saudi Arabia’s housing supply likely to hit 3.9M units by 2028: Knight Frank

    The residential supply across Saudi Arabia’s five major markets totals 3.5 million units, according to a report by Knight Frank. "Based on our analysis, this figure is projected to reach nearly 3.9 million units by the end of 2028, reflecting the government’s ongoing efforts to enhance housing availability," it noted. To achieve this, government initiatives to increase housing supply within the low to mid-market segments, as well as programs such as “Wafi” and “Sakani”, have been pivotal in boosting home ownership among Saudi nationals. In fact, the Saudi homeownership rate reached 63.7% at the end of 2023. During 2024, the total number of real estate transactions across all asset classes in Saudi Arabia surged by 37% to just over 236,690 deals, while the total value of all deals grew by 27% to SAR 267.8 billion.

  • Saudi Arabia allocates feedstock for new petchem complexes in Jubail

    Saudi Arabia's Ministry of Energy has allocated feedstock necessary for establishing industrial complexes by National Industrialization Company (Tasnee) and Sahara International Petrochemical Company (Sipchem)  in Jubail Industrial City. Tasnee) received approval from the ministry to allocate feedstock (ethane, propane and butane) on Wednesday. The complex includes a thermal cracking unit for ethylene production with high world-scale capacity, the company said in a statement to the Saudi stock exchange. The project will have a production capacity of nearly 3.3 million metric tonnes of petrochemical products, including high and linear low-density polyethylene and methyl tert-butyl ether (HDPE. LLDPE, MTBE).

  • Positioning Saudi Arabia at the forefront of low-carbon expertise

    Marco Arcelli, CEO of ACWA Power, talks to The Energy Year about the company’s multi-gigawatt pipeline of renewable projects in the Middle East and Saudi Arabia’s growth potential beyond 2030. ACWA Power is a Saudi company that develops and operates power generation and desalination assets in 14 countries across the Middle East and Asia. ACWA Power’s development has gone through several phases. Initially, we focused on domestic projects, especially independent water plants with some power generation. Our international expansion began in nearby markets such as Morocco, and around 2020, when Saudi Arabia’s Vision 2030 became more concrete, we entered a phase of accelerated growth.