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Tag: Saudi Arabia

Posted on April 12, 2025

How Saudi Arabia’s dreams of building Hollywood in the desert fell short

Saudi Arabia has hit speed bumps in its efforts to build a global TV and movie industry, according to insiders and a previously unreported audit.
Posted on April 11, 2025

Tesla launches in Saudi Arabia with its first showroom and service center in Riyadh

Tesla officially launched in Saudi Arabia on Thursday, marking a new chapter in the company’s global expansion after Elon Musk ’s troubled relationship with the kingdom — but the Middle East country’s …
Posted on April 10, 2025

Cybertrucks in the desert: Tesla launches in Saudi Arabia

Tesla launched operations in Saudi Arabia on Thursday, a sign that Chief Executive Elon Musk has patched up relations with the kingdom and that the oil capital was moving forward with an ambitious …
Posted on April 10, 2025

Saudi will not waste a Trump-fuelled oil crisis

President Donald Trump’s global trade war has created tumult in the oil market that Saudi Arabia did not seek, but can turn to its advantage even if its window for navigating a price war is narrow.
Posted on April 10, 2025

Goldman Warns Oil Crash Could Push Saudi Arabia’s Budget Deficit to $67 Billion

The oil-price crash is set to have far-reaching consequences for Saudi Arabia’s finances and vast economic ambitions.
Posted on April 10, 2025

Goldman Warns Oil Crash Could Push Saudi Arabia’s Budget Deficit to $67 Billion

The oil-price crash is set to have far-reaching consequences for Saudi Arabia’s finances and vast economic ambitions.
Posted on April 9, 2025

Peter Thiel’s Valar, Saudi Arabia’s Sanabil Back Commerce Firm

The venture capital arm of Saudi Arabia’s sovereign wealth fund and Peter Thiel’s Valar Ventures are jointly leading a $110 million funding round in SILQ Group, a newly formed commerce …
Posted on April 9, 2025

Pakistan seeks billions in investment as it promotes its minerals sector

Pakistan pitched investments in its mines and minerals sector to delegations from the United States, Saudi Arabia, China and elsewhere as it opened a summit Tuesday that authorities hope will bring …
Posted on April 9, 2025

How the oil price plunge complicates Saudi Arabia’s economic agenda

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after a plunge in crude prices, complicating plans to fund an ambitious agenda …
Posted on April 8, 2025

Pakistan eyes multibillion dollars of investment as it hosts summit on country’s minerals sector

A long-awaited international summit on mines and minerals—attended by delegations from the United States, Saudi Arabia, and China— has kicked off in Islamabad, as Islamabad eyes multibillion dollars …

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