A spokesperson for Saudi Arabia's Public Investment Fund (PIF) said via the Kingdom's state-run news agency, the Saudi Press Agency, that media articles claiming that work has been shelved with respect to SoftBank and Solar Projects are "completely inaccurate."
Saudi Arabia, Kuwait and the United Arab Emirates have agreed to give Bahrain $10 billion to support the country’s funding requirements as it embarks on a fiscal program aimed at eliminating its budget deficit by 2022.
Bloomberg's reporting team in Saudi Arabia landed another wide-ranging sit down interview with Saudi Arabia's Crown Prince Mohammed bin Salman, revealing the powerful leader's thinking on many issues from Vision 2030 to the Saudi Aramco IPO and others.
“I hope that the private sector sees in the contents of this statement a clear message of the government’s determination to support economic growth,” Saudi Finance Minister Mohammed Al-Jadaan said on Sunday.
Saudi Arabia’s Public Investment Fund (PIF) has announced the launch of Amaala, set to become an uber-luxury destination on the northwestern coast of Saudi Arabia that the Kingdom hopes will compete with the French Riviera for tourism dollars when completed.
A report today in Reuters highlights the impact that Saudi Arabia's Vision 2030 economic and social reforms are having on Saudi Arabia’s malls and bazaars - which are changing as retailers embrace a shift in shopping habits.