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Saudi Arabia’s fiscal deficit reached SAR116 billion ($31 billion) in 2024, driven by a 6 percent rise in expenditure, according to the ministry of...[By Pramod Kumar via agbi.com]
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Notably, Riyadh is spearheading ongoing efforts by leading the Global Alliance for the Implementation of the Two-State Solution, as announced by Foreign Minister Prince Faisal...[By Hassan Al-Mustafa via arabnews.com]
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Arab League Secretary General Ahmed Aboul Gheit warned the World Government Summit in Dubai that if Trump pressed ahead with his plan, he would lead...[via arabnews.com]
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Saudi Arabia is evaluating the benefits of joining the BRICS economic bloc, Faisal Alibrahim, the Kingdom’s minister of economy and planning, said at the World...[By Sara Al-Shurafa via arabnews.com]
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The Tanzanian authorities granted the Saudi African Investment and Development Co. (SADC) concession and acquisition rights for Bagamoyo Port in Tanzania, Saudi Press Agency reported,...[via argaam.com]
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The Federation of Saudi Chambers of Commerce and the Tanzania Chamber of Commerce, Industry And Agriculture (TCCIA) signed an agreement to establish a joint Saudi-Tanzanian...[via spa.gov]
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The Italian move highlights the strengthening ties between the two countries and signals the growing relevance of the Middle East for Italy, amid...[By Beatrice Bedeschi ` via gasoutlook.com]
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U.S. Special Envoy to the Middle East Steve Witkoff said some things were still up in the air when he hopped on his jet to...[By Ashley Carnahan via foxnews.com]
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Minister of Investment Eng. Khalid Al-Falih announced that the number of global companies establishing their regional headquarters in Saudi Arabia has risen to nearly 600....[via saudigazette.com]
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Saudi Arabia’s first homegrown electric vehicle brand, Ceer, signed 11 deals worth SR5.5 billion ($1.4 billion) at a Public Investment Fund event ahead of its...[By Reina Takla and Miguel Hadchity via arabnews.com]
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Saudi Arabia will uphold its current ban on alcohol during the 2034 World Cup, said Khalid bin...[By Shifa Jahan via reuters.com]
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“Haram. Haram. Haram.” With those three emphatic words, Riyadh Air CEO Tony Douglas made it clear — Saudi Arabia’s lack of direct global connectivity is...[via com.sa]
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Many GCC economies still rely heavily on hydrocarbon revenues. Saudi Arabia’s success in diversifying into tourism (e.g., NEOM, Red Sea Project), entertainment, and financial services...[via grantthornton.sa]
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The Gulf Cooperation Council (GCC) nations, also called Gulf countries excluding Iraq, have announced a historic $100 billion investment in renewable...[via carboncredits.com]
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UAE IPOs have represented nearly half of total GCC IPO proceeds in 2024, as they have accounted for 47% ($6.2bn) of total proceeds this year,...[via pwc.com]
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It would require an average of $150 billion in annual trade and investment. That would be equivalent to 14 percent of Saudi...[By Megha Merani via agbi.com]
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Saudi Arabia, through its Oversight and Anti-Corruption Authority, or Nazaha, has assumed the presidency of the Global Operational Network of Anti-Corruption Law Enforcement Authorities. Spain handed...[via arabnews.com]
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Saudi Arabia has suspended the issuance of one-year multiple-entry visas for business, tourism, and family visits for nationals of Algeria, Bangladesh, Egypt,...[via fragomen.com]
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One of the largest purses in women's golf is up for grabs this week. The $5 million PIF Saudi Ladies International takes place Feb. 13-15...[By Beth Ann Nichols via usatoday.com]
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Al-Mansour, a teacher at the Prince Saud bin Jalawi School in al-Ahsa, is also an author and is known for work in his community, including...[By Jon Gambrell and Malak Harb via apnews.com]
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