Shrugging Off Uncertainty, Investors Pour Money into Saudi Arabia with ‘Strong Underlying Fundamentals’

Saudi Arabia is "the hottest emerging market" right now as investors appear to be shrugging off concerns surrounding last year's crackdown on corruption and with optimism surrounding Vision 2030's economic and social reforms now coming into effect, CNN Money reports.

Saudi Arabia

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MBS US Visit

MbS Trip Will Test Strength of Resurgent U.S.-Saudi Ties

The crown prince will be aware of the need to polish his image in the United States since concerns regarding the recent corruption crackdown and ...



Saudi Arabia is the hottest emerging market so far this year

Equity funds investing in Saudi Arabia saw net inflows of $110 million between the start of the year and March 7, according to EPFR Global, ...


Goldman Sachs

Goldman Bets on Unprecedented Economic Overhaul in Saudi Arabia

Goldman Sachs Group Inc. is doubling down on its plans for Saudi Arabia in a bet that sweeping economic reforms will draw investors to the ...



Saudi crown prince says KSA will develop nuclear bomb if Iran does: CBS TV

"Saudi Arabia does not want to acquire any nuclear bomb, but without a doubt if Iran developed a nuclear bomb, we will follow suit as ...



Race Heats Up Among International Operators To Open First Saudi Cinema

As Saudi Arabia gets closer to licensing movie theatres for the first time in over 35 years, more cinema operators are being drawn in to ...



A Cyberattack in Saudi Arabia Had a Deadly Goal. Experts Fear Another Try.

In August, a petrochemical company with a plant in Saudi Arabia was hit by a new kind of cyberassault. The attack was not designed to ...


Saudi Military

Military Spending: The Other Side of Saudi Security

The Kingdom may sometimes overreact to the Iranian threat and extremist challenges, but both sets of threats are present, and affects all the other Gulf ...



Saudi Arabia beefs up plans for domestic defence industry

“We spend between $50bn and $70bn annually on the military. We are the world’s third-largest spender on arms, and 99 per cent of that goes ...


Yemen Civil War

Mattis asks Congress not to restrict U.S. support for Saudi bombing in Yemen

Defense Secretary Jim Mattis made a personal appeal to Congress on Wednesday not to restrict the United States’ support for the Saudi-led bombing campaign in ...


Banking and Finance

Saudi Arabia picks Citi, Goldman, HSBC, Morgan Stanley for new bond: sources

Saudi Arabia has selected Citi, Goldman Sachs, HSBC and Morgan Stanley as the main banks that will arrange its next U.S. dollar bond issue, sources ...


Saudi Women

Saudi women allowed to join Civil Defense

In January, they were allowed to join the General Directorate for Passports and in February, they gained the right to become soldiers. Now in March, ...


Saudi Women Drivers

Meet the students of Saudi Arabia’s first driving school for women

Saudi Crown Prince Mohammed bin Salman is making unprecedented changes in Saudi Arabia with a large focus on the role of women. The kingdom is ...



Russian billionaire eyes Saudi Arabia for Renaissance growth

Mikhail Prokhorov's Renaissance Capital looks to broaden its shareholder base as it plans to expand into new markets ...



Ukraine Is Building a Spaceplane for…Saudi Arabia?

In a presentation earlier this year, Ukrainian space company KB Yuzhnoye made a splash by unexpectedly revealing an exotic shuttle-like space vehicle. The presentation shows ...


Saudi +

Regional and related topics

U.S. Military

US at war in 7 countries — including Niger

The U.S. military is officially fighting wars in seven countries, according to the White House’s latest war report ...


Syria Civil War

Syrians stream out of a Damascus suburb as it is overrun by government forces

Thousands of people streamed out of the besieged Damascus suburb of Eastern Ghouta on Thursday as Syrian forces overran another part of the last major ...



Pakistani Women Raise Gender Issues — And Morale — In Revolutionary March

We were hundreds of women, marching on the streets of Karachi, Pakistan. ...



Turkey says will take Afrin centre in ‘very short time’

Turkey on Thursday said it would oust Kurdish militia from the centre of Afrin in northern Syria "in a very short time", as pro-Ankara forces ...



After turmoil at home, Egypt struggles to revive power abroad

When Saudi Arabia’s Mohammed bin Salman chose Egypt for his first official trip abroad since becoming crown prince, Cairo draped its streets with banners declaring ...


Iran Nuclear Agreement

CENTCOM chief backs Iran deal as Trump chooses critic for top diplomacy job

The head of U.S. Central Command expressed his support for the Iran nuclear deal Tuesday while testifying before the Senate Armed Services Committee, arguing that ...


Travel Ban

Silicon Valley reeling as Trump chokes off critical tech talent

Iran, a country of 80 million, is home to several major universities, including Sharif University in Tehran, sometimes called the MIT of Iran, and the ...



Russia says to retaliate soon for UK’s expulsion of diplomats over nerve attack

Russia said on Thursday it would retaliate very soon for Britain’s expulsion of 23 diplomats as Moscow and London traded public insults about a nerve ...



Israel hits Gaza after explosives detonated near the border

Israel says it struck four militant positions in the Gaza Strip after fighters there detonated two explosive devices near the border. ...



Bahrain counts on fintech, Saudi ties to revive indebted economy

In smart new offices with Gulf views, a dozen firms work on digital currencies, blockchain-based payments and other financial technology. ...



Afghanistan Is Not A Forever War, Afghan Ambassador to U.S.

The Afghan government has an ambitious goal of reasserting control over 80% of the country’s population centers by the end of 2018. Afghan security forces ...



Mystery lingers over Turkey’s missing weapons

According to the report, 2,198,774 individuals lost their vehicle registrations, gun licenses, driver's licenses and professional IDs last year, while 106,740 guns were recorded as either ...


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