Saudi Arabia’s Acwa Power Co. is planning to raise 7.1 billion riyals ($1.9 billion) by issuing stock to existing shareholders, capitalizing on a sixfold increase in its share price since a 2021 listing.
Launched on April 25, 2016, Vision 2030, Saudi Arabia's blueprint for economic and social transformation marks it 8th year and the halfway point between 2016 and 2030.
NEOM has announced Aquellum, a new "luxury and experiential" vacation destination which is the latest addition to the ongoing regional development in northwest Saudi Arabia.
Even before the latest chapter in the conflict, Palestinians’ belief in the potential for diplomatic solutions had reached a historical low. The latest spate of killing in Israel and Gaza only threatens to put a solution further out of sight than it has been in generations.
Saudi Arabia's Crown Prince Mohammed bin Salman sat down with Fox News journalist Bret Baier for a wide-ranging interview - his first in English with an American television network.
Saudi Arabia's car imports grew to 93,300 vehicles in 2023, up from 66,900 the previous year. Japan, India, South Korea, US, and Thailand are the leading exporters of cars to Saudi Arabia.
The goal of the new office is to strengthen the IMF's collaboration with governments and institutions in the Middle East including promoting economic stability, growth, and regional integration. It also underscores the growing economic importance of the region.
The 966 speaks with Rayan Alyusufi, a young Saudi researcher in public diplomacy and international communication to discuss the Kingdom’s public diplomacy, "sharp power," and evolution of Saudi as an emerging diplomatic player. Rayan is a PHD Candidate at Bournemouth University in the United Kingdom
