PIF $2.7b Bet on Entertainment an Investment Toward a ‘Vibrant Saudi Society’

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Saudi Arabia's Public Investment Fund (PIF) announced on September 20 that it is setting up a new company to invest in the entertainment sector, as the Kingdom looks to achieve a more vibrant society - a stated goal of Saudi Arabia's Vision 2030.

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Soft Bank Vision Fund

Soft Bank Vision Fund: The tech firms it has backed so far

The Vision Fund expects to raise the final $7 billion in the next month or so but it's wasting no time in putting the committed ...



Saudi Minister Says Detainees Were ‘Pushing an Extremist Agenda’

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Qatar Crisis

Solution to Qatar crisis will be from the Gulf, says Saudi FM

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Internet Call Services

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The Fun Starts Now: Saudi Government Launches $3 Billion Investment Drive In Entertainment Sector

Last year it set up the General Authority for Entertainment, which is responsible for developing the entertainment sector. In February this year the country's first ...


Saudi Aramco IPO

Saudi Aramco May Unveil Financials In Early 2018

Even though Saudi Arabia’s advisors are favoring London over New York to host the IPO, Saudi Crown Prince Mohammad bin Salman and the Saudi government ...


Technology Investment

Saudi Arabia’s treatment of women is a barrier for technology investment

Specifically they want to know about the role of women in the desert kingdom, says Abdullah Al-Swaha, the Saudi minister of communication and information technology. ...



Saudi e-commerce market to double to $22 billion by 2020

By 2020, the Kingdom of Saudi Arabia’s e-commerce market is set to more than double to $22 billion, the second-highest in the Middle East, according ...



Saudi Arabia to test Tehran’s influence in Iraq

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Yemen Civil War

Saudis tout humanitarian record in Yemen amid Washington backlash

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Healthcare and Pharmaceuticals

Investing in Private Healthcare institutions and Pharmaceutical establishments in Saudi Arabia

Healthcare is one of the most promising sectors for investors in Saudi Arabia and is estimated to be growing at 5% per annum. This growth ...


Saudi National Day

Saudi to allow women into stadium for national day

Saudi Arabia has invited women to a sports stadium for the first time to attend annual national day celebrations with their families, state media said ...



Saudi Arabia pens deal with the UK over defence cooperation

Mr Fallon said the agreement would help Saudi Arabia better protect her national security, including through counter-terrorism, intelligence and training. “This Agreement further cements the ...


Renewable Energy

Saudi solar farm owner defends renewable subsidies

The owner of the Moree solar farm has defended the project amid a furious debate over the scale of the subsidies being offered to renewable ...


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Regional and related topics

Iran Nuclear Agreement

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Muhammad is actually the most boys’ name in England and Wales, not Oliver

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