Saudi Arabia’s anti-corruption drive
Saudi Arabia’s Council of Ministers has enacted a stringent new law designed to tackle corruption among government employees. The Saudi Oversight and Anti-Corruption Authority (Nazaha) Law (the New Law), approved on 23 July 2024
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Riyadh is nexus for critical global and regional talks
Top United States and Russian diplomats met in Saudi Arabia on Tuesday, February 18, for talks on resetting their fractured relations, the first such discussions since the Russian invasion of Ukraine. -
Saudi MOF and IMF convene first annual AlUla Conference for Emerging Market Economies
The AlUla Conference for Emerging Market Economies, organized jointly by the Saudi Ministry of Finance and the International Monetary Fund (IMF), kicks off next week February 16-17, 2025 in AlUla, Kingdom of Saudi Arabia. -
$5 million PIF Saudi Ladies International tees off in Riyadh
The 5th edition of the Aramco Saudi Ladies International (ASLI), a professional golf tournament on the Ladies European Tour (LET) presented by the Public Investment Fund (PIF), which will be held at the Riyadh Golf Club from February 13 to 15. -
685 ‘exceptional talents’ obtain Premium Residency at LEAP ’25
The Ministry of Communications and Information Technology announced at the fourth edition of the LEAP 2025 Technology Conference that as many as 685 exceptional talents and researchers in the technology sector have obtained Premium Residency in Saudi Arabia under the “Exceptional Competence Residenc
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Sotheby’s ‘Origins’ auction in Diriyah nets $17 million; Saudi artists in demand
Sotheby’s reported a full house for the “Origins” sale, which was held in a 250-seat outdoor amphitheater and featured participants from 45 countries. The sale totaled $17.28m with a sell-through rate of 67% by lot and 74% by value. Almost a third of the buyers were from Saudi Arabia. -
Lenovo and Alat break ground on new manufacturing facility
Chinese technology giant Lenovo Group broke ground on a new manufacturing facility in Riyadh, Saudi Arabia. It is in collaboration with Alat, a conglomerate owned by the Saudi Public Investment Fund (PIF). -
Saudi population grows to 35.3M in H1 2024
Saudi Arabia's population reached 35.3 million until the middle of the year 2024, according to the latest estimates of the General Authority for Statistics (GASTAT). Saudi citizens constitute 55.6 percent of the total population while non-Saudis represent 44.4 percent. -
Automotive cluster named in King Abdullah Economic City (KAEC)
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has designated “King Salman Automotive Cluster" as the official name of the cluster for automotive manufacturing activities, located within King Abdullah Economic City (KAEC). -
