Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan has met with US Secretary of State Mike Pompeo in Washington on Thursday ahead of an international meeting of countries committed to defeating ISIS, according to reports and social media.
A new strategic cooperation between the Saudi Authority for Industrial Cities and Technology Zones (MODON) and the General Authority for Military Industries (GAMI) aims to encourage the localization of military industries in the Kingdom, according to the Saudi Press Agency (SPA).
Recent agreements and reports of indirect talks between warring sides in Yemen's ongoing civil war indicate a trend toward bringing an end to the four year old conflict fought to restore the U.N.-recognized Hadi government to power after it was overthrown by Iran-backed Houthi rebels.
Saudi-based Saudi Technology Ventures (STV) said in a blog post that it is leading a $23 million investment round in Trukker, a truck-focused digital freight marketplace and aggregator based in the UAE.
Saudi Aramco on Saturday released details of its IPO that will be the first opportunity for investors to own a piece of the world's most profitable company and achieve one of the key goals of the Kingdom's Vision 2030 economic reform plan.
Saudi Arabia's non-oil private sector economy continued to expand in October, with business conditions improving at the fastest pace in four years, as output and new order growth in the kingdom gathered pace, according to reports and new data.
Saudi Aramco said on Wednesday it was joining the World Bank’s initiative to reduce gas flaring to zero by 2030, and said its flaring was already less than 1% of its total raw gas production in the first half of 2019, Reuters reports.
Saudi Arabia signed an agreement with the World Economic Forum (WEF) on Wednesday to establish a branch in the Kingdom of the WEF’s Center for the Fourth Industrial Revolution, a program focused on new technologies that will power economic change in the immediate years to come.