Jadwa Investment Raises Projected Economic Growth in Saudi Arabia to 2.2% in 2018

Crown Prince Mohammed bin Salman.

Saudi Arabia

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Public Investment Fund

Saudi Wealth Fund Plans First Multi-Billion Dollar Loan

Saudi Arabia’s sovereign wealth fund has started approaching banks for its first-ever loan, aiming to establish a group of banks with which it will work ...


Oil Exports

Saudi refinery exports first gasoline barrels to U.S.

A refinery in Saudi Arabia has shipped its RBOB gasoline to the United States for the first time, a potential precursor for more deliveries to ...



84 percent of Saudi jobseekers are women: GaStat survey

The number of Saudi jobseekers reached 1.07 million this year with women accounting for 83.9 percent or 899,000 and men representing 16.1 percent or 173,000, ...


Travel and Tourism

Italian woman documents her love for Saudi landscapes and customs with stunning photos

Italian tourist Kiyara and her husband are avid enthusiasts and lovers of natural landscapes as both fell in love with the Saudi Arabia's desert when ...



Two terrorists handed death, another gets 23 years in jail

The Special Criminal Court in Riyadh passed a preliminary verdict sentencing two Saudi nationals to death after they were convicted of forming a terror cell, ...


Bankruptcy Law

Saudi Arabia’s Bankruptcy Law to Take Effect in August

The bankruptcy law will come into effect on August 18, said an official in the Saudi Ministry of Commerce and Investment. ...


Saudi Women Drivers

Ford Mustang is ‘dream car’ gift for Saudi Arabian woman

A Saudi Arabian woman got the right to drive, then she got an iconic American muscle car built in Michigan as a gift from Ford Motor Co. ...



Saudi Arabia Sees Greater Role for SMEs in National Economy

Saudi Arabia is working on raising the contribution of small and medium enterprises to the national economy. ...



Titan LSC contracted for Saudi F-15 modernization support

Titan LSC of Amman, Jordan, has been awarded a contract for transportation and support for the Royal Saudi Air Force F-15 fighter fleet. ...



First fintech licenses show Saudi Arabia is a ‘serious player’

Saudi Arabia kick-started the evolution of its financial technology sector on Tuesday by approving the first fintech licenses for companies in the Kingdom. ...



OPEC sees lower 2019 demand for its oil, points to return of surplus

OPEC on Wednesday forecast world demand for its crude will decline next year as growth in consumption slows and rivals pump more, pointing to the ...


BeOutQ Controversy

FIFA to take legal action against pirated sports channel

Soccer’s governing body FIFA said on Wednesday it has engaged legal counsel to take action in Saudi Arabia against television channel beoutQ, which is widely ...


Saudi +

Regional and related topics


An emerging populism is sweeping the Middle East

This year featured key parliamentary elections in Iraq and Lebanon. In both countries, formerly controversial populist figures performed far better than expected and are playing ...


Water in the Middle East

Can the Middle East solve its water problem?

The Middle East and North Africa (MENA) is the world's most water-scarce region, with 17 countries below the water poverty line set by the United ...


Syria Civil War

Putin Steps Up Effort to Broker Syria Deal Ahead of Trump Summit

Russian President Vladimir Putin stepped up efforts to broker a deal on the pullback of pro-Iranian militias from Syria’s border with Israel as he prepares ...



Turkey’s finance minister hits out at questions over central bank

Speculation about the independence of Turkey’s central bank is “unacceptable,” the country’s new finance minister warned on Thursday as Moody’s highlighted investors’ mounting concerns about ...



UK Releases Long-Awaited and Already Derided Brexit Plan

The British government released detailed plans Thursday for what it calls a “principled pragmatic and ambitious” Brexit — plans that have already triggered the resignation ...



Germany issues $119m loan to support Tunisia banks

Tunisia and Germany yesterday signed a €100 million ($119 million) loan agreement to support budgets and reforms in the financial and banking sectors. ...



Archaeologists unearth a mysterious sarcophagus in Egypt

The 6-foot tall (185 cm) coffin was found buried about 16 feet (5 meters) underground, along with an alabaster head of a man whose features ...



Bahrain keen to improve start-up ecosystem, says accelerator community manager

The Bahraini government is working to enhance the ecosystem for start-ups in the kingdom to encourage more entrepreneurs to register their companies in the country ...


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