Saudi Arabia's state oil company Saudi Aramco is reviewing its diversification and investment plans domestically and internationally as lower oil prices and delivering on a promised dividend have put pressure on the company, according to an exclusive Wall Street Journal report.
The World Bank will put on hold further publication of its widely-followed "Doing Business" reports after the organization said it will probe irregularities in data collection, according to Reuters.
Global index provider FTSE Russell launched a bond index for Saudi Arabia to measure the performance of fixed-rate, local currency government bonds, according to Reuters.
Habitas, the lifestyle hotel brand, will deliver a 100-room luxury resort in Al-Ula, Saudi Arabia that is in part 3D printed by the end of the year, joining other planned hotel groups that are emphasizing sustainability to the historic area.
New cases of the Coronavirus reported in Saudi Arabia continue to decline from peak points as the Kingdom sees progress in combatting the spread of the deadly virus, according to official data.
In positive news that highlights the efficacy of Saudi Arabia's measures to prevent the spread of the Coronavirus, the Kingdom continues to make significant and steady progress in reducing the number of new COVID-19 cases, with the newest figures showing cases at a three-month low.
Saudi Arabia's Princess Reema Bandar Al Saud is among three women nominated and four total new individual members to the International Olympic Committee this week as part of an effort to increase women's representation in sport.
