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  • Saudi crown prince to attend first EU–Gulf Cooperation Summit in Brussels

    Saudi Crown Prince Mohammad bin Salman and other Gulf leaders will be in Brussels for the first EU–Gulf Cooperation Summit, focusing on trade, security, and Middle East peace. Saudi Crown Prince Mohammad bin Salman will be in Brussels on Wednesday for the first EU–Gulf Cooperation Summit, Euronews can reveal. The de facto Saudi leader is discussing a range of issues, including global security, the Middle East, trade and global warming. It's his second official visit to Brussels, having previously attended in 2015 for the Global Coalition against ISIS. On the Middle East, the EU hopes the summit can strengthen support for the Palestinian Authority as a step towards resuscitating a two-state solution.

  • Saudi Arabia 2034 World Cup Stadiums

    Saudi Arabia is gearing up to host the 2034 FIFA World Cup with an impressive lineup of 15 stadiums spread across five host cities: Riyadh, Jeddah, Al Khobar, Abha, and NEOM. Each venue is designed to reflect local culture and architecture while incorporating modern amenities to ensure a fantastic experience for fans and players.

  • Saudi Arabia’s Fitness Movement: GymNation to Accelerate Expansion Following Opening of 20th Location

    The Saudi Arabia fitness scene is booming and it’s a market that we’ve had an ambition to enter for a number of years. The government has a huge focus on improving fitness penetration levels across the population and are actively encouraging the citizens of Saudi Arabia to engage in health, fitness, and wellness. We want to play our part by helping to break down the affordability barrier and make fitness more accessible and welcoming for everyone across the Kingdom.

  • Middle East supply disruption potential could send oil above $100/bbl, Citi says

    Citi Research on Monday raised its bull case scenario for oil prices for this quarter and the next one, citing heightened potential of the market to fear or realize supply losses during these months due to growing Middle East conflict. The bank upgraded its bull case for the fourth quarter of 2024 and first quarter of 2025 to $120 per barrel (bbl) from $80/bbl. However, "we maintain our baseline forecast for $74/bbl Brent in 4Q'24 and $65/bbl during 1Q'25, owing to weak underlying oil market fundamentals," Citi added.

  • Saudi Arabia has a big plan for oil that could hammer Russia’s war machine, economists warn

    Cooper pointed out that because Saudi Arabia's and Iran’s oil wells are closer to the surface, they are cheaper to extract. Russia, on the other hand, has to spend more on production costs to extract its deep oil wells, reducing its margins. “The simplest explanation is the right one: Russia’s GDP growth stems from a massive boost in spending on defense,” Hedlund wrote in Geopolitical Intelligence Services.

  • Saudi Arabia stops granting new licenses for delivery bikes

    Saudi Arabia witnessed massive expansion and flourishing of delivery services via electronic platforms following the outbreak of coronavirus pandemic. This provided vast opportunities for making investments and expanding businesses apart from generating job opportunities in this thriving sector. Al-Zuwayed revealed earlier that the growth of the light freight transport activity in Saudi Arabia was accompanied by an increase in the number of motorcycles that provided their services to the activity, indicating that the growth of the light freight transport activity in the first quarter of this year amounted to 38 percent compared to the first quarter of 2023.

  • Caves in Saudi Arabia’s northern region are windows to history, gates to adventure

    At least 542 caves and sinkholes discovered in Saudi Arabia’s Northern Borders region offer more destinations for the increasing number of tourists, adventurers and researchers interested in these structures, the Saudi Press Agency reported on Sunday. Of varying shapes, these structures offer a glimpse into the past with their unique geological formations, said the report, quoting Burjas Al-Falih, a speleologist and a member of the Afaq Society for Astronomy.

  • Israel kills at least 50 in Gaza, tanks deepen raid in the north

    Israeli military strikes killed at least 50 Palestinians across the Gaza Strip as Israeli forces tightened their squeeze around Jabalia in the north of the enclave on Tuesday, amid fierce battles with Hamas-led fighters. Palestinian health officials said at least 17 people were killed by Israeli fire near Al-Falouja in Jabalia, the largest of Gaza's eight historic refugee camps, while 10 others were killed in Bani Suhaila in eastern Khan Younis in the south when an Israeli missile struck a house.

  • UN refugee agency says 25% of Lebanon under Israeli evacuation orders

    Israel, which began incursions into south Lebanon two weeks ago to battle Iran-backed militant group Hezbollah, has issued military evacuation orders affecting more than a quarter of the country, the U.N. refugee agency said on Tuesday. The figures underscore the heavy price Lebanese are paying as Israel steps up its campaign to defeat Hezbollah and destroy its infrastructure in their one-year conflict.

  • Global EV sales up 30.5% in September as China shines, Europe recuperates

    Global sales of fully electric and plug-in hybrid vehicles rose by an annual 30.5% in September, as China surpassed its record numbers recorded in August and Europe resumed growth, market research firm Rho Motion said on Tuesday. Gains in the U.S. market have been slow and steady in anticipation of the Nov. 5 election, which makes it difficult to predict future trends in the country, data manager Charles Lester told Reuters.