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  • Pakistani Drivers Are The Heroes Behind Driving Saudi’s Famous Planes To Riyadh

    When the famous Saudi planes rolled into Riyadh for the grand Riyadh Season, the city was buzzing with excitement! Hundreds of people lined the streets, proudly decked out in traditional Saudi clothes, waving flags, and cheering as the planes made their grand journey. But behind the scenes, the real heroes were the Pakistani drivers who made it all happen.

  • 7,000 Italian companies eye on Saudi market for investments

    The announcement was made during the Saudi-Italian Business Forum, held on Wednesday at the Federation of Saudi Chambers’ headquarters. The Italian Ambassador to the Kingdom Carlo Balducci attended the event with over 140 companies and representatives from various government agencies from both countries.

  • Saudi Development and Reconstruction Program for Yemen rehabilitates 650 homes in Aden

    A tripartite partnership between SDRPY, Alwaleed Philanthropies and the UN Human Settlements Program (UN-Habitat), the project has also contributed to building the capacity of workers in the housing, construction and building sectors, the Saudi Press Agency reported on Wednesday.

  • Saudi Arabia real estate market booms amidst strong residential and hospitality performance

    The residential sector started strong in 2024 by delivering 27,500 units in Riyadh and Jeddah. This increased the total stock to 1.46 million units in the capital and 891,000 units in Jeddah. As such, residential sale prices experienced a 10% year-on-year (YoY) increase in Riyadh whilst average rents grew by 9% annually. In Jeddah, the pace of growth was slightly slower, with sale prices rising by 5% and rents increasing by 4% YoY during the same period.

  • Saudi: Agricultural Development Fund Board approves over $533mln in loans

    The board of directors of the Agricultural Development Fund (ADF) on Wednesday held its third meeting of the current fiscal year, chaired by Minister of Environment, Water, and Agriculture, and Chairman of the board Eng. Abdulrahman bin Abdulmohsen Al-Fadley. ADF Chief Executive Munir bin Fahd Al-Sahli stated that the board approved the provision of over SAR2 billion in loans and credit facilities during the meeting.

  • Saudi Crown Prince Says No to Israel Ties Without Palestinian State

    “This is an affirmation that the Saudi position is enduring in its support of the Palestinian cause,” Mahmoud al-Habbash, the religious affairs adviser to Mr. Abbas, said in an interview on Thursday. “We’re reassured about the Saudi stance, which is a cornerstone of the Arab and Islamic world’s position.”

  • Saudi Arabia’s Groundbreaking Telfaz11 Studio Announces Satirical Film ‘Saify’ Involving Banned Religious Sermons

    Saudi studio Telefaz11, the groundbreaking label behind hit dark comedy “Mandoob” — in which a struggling man becomes a bootleg booze runner in Ryadh — is set to push the kingdom’s cultural envelope a bit further with a humorous take on the world of Saudi Arabia‘s ultraconservative  clerics.  Telfaz11 has announced that its next title will be the satirical drama “Saify,” directed by studio chief Wael Abu Mansour and set against the backdrop of the late 1990s, a time when, incidentally, cinema was banned.

  • Lazard Follows Goldman in Setting Up Mideast HQ in Saudi

    Lazard Inc. became the latest Wall Street firm to comply with Saudi Arabia’s rules for foreign firms to set up their Middle Eastern base in the kingdom, months after larger rival Goldman Sachs Group Inc. secured a similar license. The New York-based firm has received a so-called regional headquarters license from the Saudi Ministry of Investment, according to people familiar with the matter, who asked not to be identified as the information is private.

  • Adam Neumann’s Flow Pushes Into Saudi Arabia in First Global Move

    Miami-based Flow is partnering with local investors to develop and own three apartment buildings in Riyadh, which will total roughly 920 units once completed, according to people familiar with the matter who asked not to be named citing private information. “Saudi Arabia presents a tremendous opportunity to invest in a place with dynamism and growth,” a Flow spokesperson said. “We are proud to bring our product to the region and help address a growing market need.”

  • Saudi Prince Turki Al-Faisal voices hope in Harris as US election approaches

    Highlighting the upcoming election, Prince Turki voiced optimism about current Vice-President and Presidential hopeful, Harris: “Her expression of empathy and sympathy for the Palestinians at least, sounded as if she might be willing to take some action,” suggesting a potential pivot from the perceived inaction under the Biden administration.