SAUDI-PAKISTAN

Looking East, Crown Prince Mohammed bin Salman Arrives in Pakistan

Saudi-Pakistan MBS Imran Khan
Saudi Arabia's Crown Prince Mohammed bin Salman arrived in Pakistan on Sunday for the start of a tour of several Asian nations as the Kingdom looks eastward to strengthen trade relationships and business opportunities.

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Saudi-Pakistan

Saudi crown prince begins Asia tour with $20 billion Pakistan investment pledge

Kicking off his tour of South Asia and China with a far higher Pakistan investment than expected, the crown prince said the $20 billion figure ...

 

Oil Prices

Saudi Arabia Exceeds OPEC Output Cuts Russia Falls Short

Saudi Arabia cut even more than it promised in January, reducing its output to 10.213 million barrels a day, according to the secondary source data ...

 

Construction

Saudi Arabia’s top 20 construction projects to watch in 2019

Non-oil revenues are growing in the kingdom, as was confirmed during the launch of Saudi Arabia’s 2019 budget, and construction work remains a key job ...

 

STV

Saudi Technology Ventures funding rounds account for 30% of MENA capital

STV led $250m worth of funding rounds in 2018, deploying $100m of its $500m fund in its first year of operation ...

 

Electric Cars

Amazon leads $700m investment in Saudi-backed electric truck maker Rivian

The support of the world’s leading online retailer signals potential for a partnership on delivery vehicles down the road. ...

 

Nuclear Power

Deputy Energy Secretary Dan Brouillette: US won’t give Saudi Arabia key to nuclear weapon building

A representative of the United States government said Saturday that it would not help Saudi Arabia develop nuclear technology without guarantees that it would only ...

 

Saudi-Iran

Saudi official fires back after Iran blames attack on Riyadh

Adel al-Jubeir, the minister of state for foreign affairs, called Iran a "chief sponsor of terrorism," saying its allegations sought to divert the attention of ...

 

Amaala

Amaala, Red Sea projects to ‘generate 57,000 jobs’

A member of the Saudi Economic Association (SEA) has said the Red Sea Project will create 35,000 job opportunities, attract a million visitors annually and ...

 

Saudi Navy

France’s Naval Group signs warship construction deal with Saudi Arabia

The agreement includes building warships and frigates in Saudi Arabia – among the top five defence spenders in the world – through a majority SAMI-owned ...

 

MERS

21 MERS cases detected across Saudi Arabia in one week

The current epidemiological week has seen an increased number of Middle East respiratory syndrome coronavirus (MERS-CoV) infections, with 21 new cases reported in the Kingdom, ...

 

Sports

Saudi Arabia denies crown prince seeks to buy Manchester United

Saudi Arabia on Sunday denied reports that its crown prince was bidding to acquire the famed Manchester United soccer club, suggesting it’s all been a ...

 

Military

Raytheon exec on sales to Saudi Arabia: ‘We don’t make policy’

"We are an element of U.S. policy — our role is not to make policy, our role is to comply with it," Harris told CNBC's ...

 

Saudi students

Saudi student’s death in San Deigo under probe

The Saudi Consulate General in Los Angeles is following up on the investigation into the cause of death of Saudi scholarship student Bandar Al-Barqi, the ...

 

Dakar Rally

Dakar 2020: Saudi Arabia’s turn to grab the spotlight?

The news about the negotiations aren't new, but today they gained a renewed strength after some posts on Social Media made by local Saudi drivers ...

 

Saudi-Pakistan

8 investment MoUs to be signed during Saudi crown prince’s visit to Pakistan: Qureshi

It is difficult to quantify the investment these MoUs would bring, but it is believed that Saudis are considering investing up to $12 billion in ...

 

Saudi +

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UN envoy arrives in Yemen to discuss truce around port city

In Sweden in December, the two sides agreed to confidence-building measures, including to a cease-fire in Hodeida and the exchange of thousands of prisoners. ...

 

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Trump threatens to release ISIS fighters if EU doesn’t take them

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U.S. pushes Iranian regime change in Warsaw, with mixed support

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Oil Prices

Oil Trades Near Three-Month High on Supply Curbs and Trade Talks

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Entrepreneurs

How did Kuwait produce some of the Middle East’s largest exits?

Kuwait’s watershed moment came with the acquisition of Talabat in 2015. Most startup founders and investors in Kuwait will mention Talabat as an inspiration or ...

 

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Boeing expects Middle East defence industry sales to reach $96bn in next decade

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Visegrad Group cancels Israel summit after Poland row

The Visegrad Group of four central European countries have cancelled their meeting in Israel after Poland pulled out in protest against an Israeli minister's comments about alleged Polish ...

 

Air Arabia

Air Arabia Probably Needs to Order Up to 100 Planes, CEO Says: Video

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