King Salman Announces $23 Billion for Four Entertainment Projects Including the ‘World’s Biggest Park’ in Riyadh

Saudi Arabia is planning to build the "world’s biggest park" as part of a $22.9bn project that aims to create large open green areas in Riyadh while creating thousands of new jobs.

Saudi Arabia

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SMEs said to employ 1m Saudis, set to grow amid reforms

Jadwa Investment research says around 950,000 SMEs are registered for business purposes in Saudi Arabia ...



Germany’s SPD wants to extend arms export halt to Saudi

Germany’s Social Democrats (SPD) want to extend a freeze on arms exports to Saudi Arabia imposed after the killing of Saudi journalist Jamal Khashoggi, party ...


Riyadh Parks Development

Saudi Arabia is giving its capital a $23 billion makeover

The plan, which will incorporate green space, recreational areas and more than 1,000 art installations, seeks to improve quality of life for the capital’s 5 ...



How Saudi women are getting ahead of men as STEM graduates

More and more girls in Saudi Arabia are opting for an education in science, technology, engineering and maths (STEM), and now the challenge is finding ...



Saudis to seek $20 billion investments for planned tourism landmark

Saudi Arabia is targeting up to $20 billion of investments through 2035 for a planned landmark tourism destination and will hold a global investor roadshow ...



Saudi stock market eases back from multi-year closing high

Saudi Arabia's stock index edged down on Tuesday after closing at a near-four year high on Monday, which was its first day as a member ...


Saudi Oil Policy

Saudi Arabia Continues To Cut Crude Oil Exports

According to data by the Joint Organisations Data Initiative (JODI) database, which collects self-reported figures from 114 countries, Saudi crude oil exports dropped to 7.254 million bpd ...



OPEC’s Missing Meeting Shows Strain in Saudi-Russia Alliance

The partnership at the heart of the OPEC+ alliance showed further signs of strain after Russia pressured the Saudi-led group to delay a decision on ...


Saudi Stock Market

With Saudi Aramco on board, Saudi market will be big: Video

The international attention since being included in the MSCI indexes has been beneficial, says Ammar Al-Khudairy, chairman of the Samba Financial Group. ...


Green Riyadh Project

Saudi capital to get world’s biggest park in $22.9bn project

The world’s biggest park will be created in Saudi Arabia as part of a $22.9 bln project that promises to create vast open green areas ...


Benaa Housing

Saudi Arabia invites builders for $910m Vision 2030 homes project

Developers and contractors will be able to use the platform to review opportunities available on housing projects across Saudi Arabia. Registrations to use the platform ...



Saudi Arabia Establishes ‘Air Warfare’ Center in the East

Saudi Arabia is planning to establish an air warfare center in the Eastern Province, according to Commander of the Royal Saudi Air Force Lt. Gen. ...


Prince Alwaleed bin Talal

Alwaleed Promises More Details on Settlement to Calm Investors

Alwaleed’s fortune has fallen to $15.5 billion from a high of $36 billion in 2014, according to the Bloomberg Billionaires Index. The prince said the ...


Saudi +

Regional and related topics

Anti-ISIS Campaign

As caliphate collapses, new ISIS threats emerge in Syria

Amna Nawaz talks to special correspondent Jane Ferguson for an on-the-ground look at what war has left behind in Syria and the threat that remains. ...



Cyber Spending Would Rise $17B Under 2020 Request

The Trump administration intends to allocate more than $17.4 billion to cybersecurity efforts across federal agencies in fiscal 2020, with the Pentagon and Homeland Security ...



Bond Backlash Shows Time Is Running Out for Lebanon

The market’s memory is so short when it comes to Lebanon that a few weeks of government inaction all but wiped out a bond rally ...


Oil Prices

Oil’s Rally Stuck Near $59 as U.S.-China Trade Jitters Return

Oil’s rally stuttered as uncertainty over the status of trade negotiations between the U.S. and China stoked concerns over global economic growth. ...



Gallipoli tourism operators play down Australia-Turkey tensions

Erdoğan suggested that anyone who travels to Turkey with anti-Muslim sentiments would be sent back in coffins, “like their grandfathers were” during the Gallipoli campaign. ...


Trump Foreign Policy

Mike Pompeo returns to Middle East to urge action against Iran with 3 different partners

Secretary of State Mike Pompeo is returning to the Middle East to again push for action against Iran, his chief foreign policy foe. But the ...


Anti-ISIS Campaign

Shadowy ISIS spokesman calls for revenge after New Zealand attacks

Six months after his last utterance, the shadowy top spokesman for ISIS on Monday evening emerged to call for retaliatory attacks following a twin shooting ...


Iran in the Region

As U.S. Sanctions Bite, Iran Flexes Diplomatic Muscles in Iraq and Syria

The main themes are embodied in the visits by Iranian President Hassan Rouhani to Iraq and Syrian President Bashar al-Assad to Iran. ...


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