VISION 2030

Report: Saudi-backed SoftBank Earnings Surge on Vision Fund Valuation

Crown Prince Mohammed bin Salman and CEO of Softbank.
SoftBank has reported a 49.2 percent surge in its latest quarterly earnings due in part to a $2.2 billion gain at its tech-focused Saudi-backed Vision Fund, Zawya reports.

Saudi Arabia

News, analysis, and more

Saudia

Saudi state airline Saudia suspends flights to and from Toronto

Saudi state airline Saudia said in a post on its official Twitter account that it was suspending flights to and from Toronto, the latest in ...

 

Saudi Foreign Policy

Commentary: From Germany to Canada, Saudi Arabia is becoming less afraid of confronting critics

“Saudi Arabia’s foreign policy is an extension of that domestic balancing act. By confronting Canada, Saudi Arabia is sending the message anyone who interferes in ...

 

Saudi Economy

Saudi Arabian GDP Growth To Increase

Saudi Arabia's GDP grew 2.7% year on year (y/y) to SAR688.1 billion (USD183.5 billion) in the first quarter given rebounding global oil prices, with the ...

 

Saudi Aramco

Saudi Aramco, Malaysia’s Petronas tap banks for jumbo financing

Saudi Aramco and Malaysia’s Petronas have approached banks to replace a short-term $8 billion loan raised earlier this year for a joint venture with long-term ...

 

Security

Saudi Air Defenses Intercept Houthi Ballistic Missile Fired at Najran

Saudi air defenses intercepted on Monday a ballistic missile that was fired by the Iran-backed Houthi militias in Yemen against the Kingdom, reported the Saudi ...

 

Saudi FDA

All food facilities in Saudi Arabia required to display calories by year-end

This will apply to all food facilities, including restaurants, cafes, ice cream shops, fresh fruit juice shops, bakeries, patisseries, supermarkets, recreation facilities, colleges, universities and ...

 

Climate Change

Saudi Arabia and Climate Change: From Systematic Obstructionism to Conditional Acceptance

At the national level, for example, with its Nationally Determined Contribution, Saudi Arabia seeks to reduce its annual emissions by up to 130 ...

 

Saudi +

Regional and related topics

Iran

Back to the Future: Iran’s Rulers Confront Return of Sanctions

The Aug. 7 tightening of U.S. penalties on a nation that hoped its worst struggles were in the past is piling pressure on Iran’s ruling ...

 

Iran Sanctions

Iran sanctions: Trump warns trading partners

US President Donald Trump has issued a strong warning to anyone trading with Iran, following his re-imposition of sanctions on the country. ...

 

Israel-Syria

A Top Syrian Scientist Is Killed, and Fingers Point at Israel

It was at least the fourth assassination mission by Israel in three years against an enemy weapons engineer on foreign soil, a senior official from ...

 

ME and Asia

East Asian Soft Power Strikes Hard In The Middle East

With a focus on developing long-term partnerships in the Middle East, China, Japan and South Korea have become the leading destinations for exports from Saudi ...

 

Iraq

Iraqi Prime Minister Haider al-Abadi sees political fortunes dim amid street protests

Sustained protests in Iraq’s Shiite heartland this summer have dimmed the prospects that the nation’s staunchly pro-American prime minister will wrest a second term, with demonstrators ...

 

Turkey

Turkey’s Warning to Italian Euroskeptics

Turkey’s currency has lost almost a third of its value against the dollar in the past six months and dropped to a record low this ...

 

Israel-Palestine

Israel kills two Hamas commandos in response to fire from Gaza

The deadly incident comes as Egypt brokers a cease-fire deal between Hamas and Israel. ...

 

Benjamin Netanyahu

Global leaders: Benjamin Netanyahu: Video

In part one of our summer series on global leaders we profile Israeli prime minister Benjamin ‘Bibi’ Netanyahu. Soon to be the country’s longest-serving PM, ...

 

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