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  • Islamic Arts Biennale: Saudi Arabia Puts a Spotlight on Global Islamic Art

    One year after the Diriyah Contemporary Art Biennale launched in Riyadh, the Islamic Arts Biennale in Jeddah embraces myriad global traditions of Islamic religious practice and places the city at the center of narratives of pilgrimage, piety, migration, and movement.

  • Chart: Saudi Arabia Is Investing Heavily in Desalination

    The 4th MENA Desalination Projects 2023 Report details how a total of $39.3 billion is currently being spent on desalination projects across the region, whether planned or already underway. Saudi Arabia and the United Arab Emirates are investing the most of these countries, with a total of $14.58 billion and $10.28 billion worth of projects, respectively.

  • Chart: Saudi Arabia Is Investing Heavily in Desalination [

    The 4th MENA Desalination Projects 2023 Report details how a total of $39.3 billion is currently being spent on desalination projects across the region, whether planned or already underway. Saudi Arabia and the United Arab Emirates are investing the most of these countries, with a total of $14.58 billion and $10.28 billion worth of projects, respectively.

  • Saudi Arabia’s economic heft extends from US property to scooter startups, new disclosure reveals

    The fund’s portfolio contains 18 startups along with big-name VC and growth funds like California-based Andreessen Horowitz, 500 Global and New York-based, General Atlantic. According to Sanabil’s website, it invests $2bn per year aiming “to become a globally influential investor in venture, growth and small buyout assets”. Sanabil says it allocates 50 percent of its assets to venture capital, 30 percent to private equity and a fifth to a “liquid portfolio”.

  • Saudi Arabia Super App Startup ToYou Hires Moelis to Help Raise Funds

    Saudi Arabia’s ToYou, a startup that provides a range of services from ride hailing to food delivery, has hired Moelis & Co. to help raise funds to fuel the super app’s growth. Talks for the financing round are at an early stage and the target amount is still being firmed up, according to people familiar with the matter, who asked not to be identified because the information is private.

  • Honeywell to open state-of-the-art regional manufacturing center in Saudi Arabia’s King Salman Energy Park

    The new facility will become Honeywell’s eighth site in Saudi Arabia, reflecting both the company’s strategic growth objectives in the Kingdom and its support for Aramco’s In-Kingdom Total Value Add (IKTVA) program to advance local capabilities in research, development and manufacturing of cutting-edge technology. The facility will include engineering, manufacturing and assembly lines spanning Honeywell’s industrial automation and control equipment, field instruments, rugged mobile computers, gas detection equipment, fire safety systems and building management systems hardware. Additional capacity for potential future manufacturing expansion, as well as customer demonstration facilities, is also planned.

  • Squire Patton Boggs partners with Saudi law practice for new Riyadh office

    International law firm Squire Patton Boggs said Wednesday that it has signed a cooperation agreement with a Saudi Arabia law office as it prepares to take advantage of new regulations for foreign law firms in the kingdom. The firm said it was partnering with The Law Office of Looaye M. Al-Akkas, a 10-lawyer practice located in Riyadh. Al-Akkas will become a partner at Squire Patton Boggs. Squire Patton Boggs' chair and global CEO Mark Ruehlmann in a statement noted Al-Akkas' membership on the board of the Saudi Bar Association, calling him a "highly respected member of the legal community."

  • Japan startup APB signs next-gen battery partnership with Saudi Aramco

    Japanese battery startup APB has announced it has partnered with world’s largest oil firm, Saudi Aramco, to jointly develop materials for next-generation lithium-ion batteries and introduce them to global markets. Fukui-based APB says that safer and low-cost all-polymer batteries will play a crucial role in decarbonization, and that it is building a pilot production line at its Fukui plant to prepare for mass production in the fiscal year beginning April 2026.

  • Saudi nationals and residents eligible for e-visa to Japan starting Monday

    The embassy of Japan in Saudi Arabia recently announced that all Saudi nationals and people who reside in Saudi Arabia will be eligible to apply for a visa to Japan electronically; prior to that announcement, applications had to be done in the Japanese embassy or consulate. Other than speeding up and streamlining the application process, this new decision will further enhance bilateral relations between both countries and facilitates entry and exit for all purposes.

  • Commentary: As longterm partnership with US fades, Saudi Arabia seeks to diversify its diplomacy

    The Saudi deal with Iran and choice of China as an intermediary is consistent with a deeper shift in Saudi foreign policy, which has been evident for some time. By adapting to changing circumstances, Mohammed bin Salman is looking to Saudi Arabia’s future and trying to strike a wider balance of power in what he sees as an eventual “post-American” Gulf.