Saudi Arabia’s Crown Prince Mohammed bin Salman "reviewed relations and issues of mutual concern" with Polish Prime Minister Mateusz Morawiecki on Tuesday in Riyadh.
In the wake of the February 6th 7.8-magnitude earthquake that devastated large areas of Turkey and Syria many countries, including those in the MENA region, are rushing aid to the area.
The Riyadh Metro project, the game-changing public transportation project in Saudi Arabia's capital, “will be opened soon,” Rai Al Youm reported on Wednesday, citing the German News Agency (DPA).
Diriyah, a massive redevelopment of a historical site on the outskirts of the Saudi capital Riyadh, has become the fifth giga-project in the portfolio of Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), according to reports.
Saudi Arabia plans to further open up its capital market to foreign investors by September 2023, with its capital market regulator, the Capital Markets Authority (CMA), proposing several changes to simplify requirements for qualified foreign investors (QFIs).
Saudi Arabia has recorded a budget surplus for 2022 of 102 billion riyals ($27.13 billion), 12 billion riyals ($3 billion) higher than predicted figures, according to reports.
Saudi Arabia and other OPEC countries are discussing an oil output increase to be determined at its next meeting, the Wall Street Journal reports, "a move that could help heal a rift with the Biden administration and keep energy flowing amid new attempts to blunt Russia’s oil industry."
