US multinational food and beverage giant PepsiCo announced the launch of a new research and development center in Riyadh, as part of its strategic expansion across the Middle East. With an investment …
IMF cuts Saudi 2025 growth forecast, flags slower oil rebound as a drag on region
The International Monetary Fund on Tuesday lowered its 2025 GDP growth forecast for Saudi Arabia, while flagging headwinds for the broader region, including a more gradual resumption of oil production …
Al-Jadaan heads Saudi delegation attending WBG-IMF 2025 Spring Meetings
Minister of Finance Mohammed Al-Jadaan is heading Saudi Arabia’s delegation at the World Bank Group (WBG) and International Monetary Fund (IMF) 2025 Spring Meetings, which began in Washington, D.C on …
Pakistan has received $5.5bn in foreign loans in 9 months
Pakistan received $5.5 billion in external financial assistance in the first nine months of FY2024-25, falling short of its $19.39 billion target. Key lenders include ADB, World Bank, Saudi Arabia, …
Christie’s International Real Estate launches in the Kingdom of Saudi Arabia
Global luxury real estate brand Christie’s International Real Estate is honoured to be launching in the Kingdom of Saudi Arabia, in partnership with one of the country’s leading real estate technology …
Israel’s business community seeks to reignite normalization talks with Arab states
Regional threats and Gaza’s future have spurred Israeli business leaders to push for renewed ties with Arab states, especially Saudi Arabia, to build a new Middle East order.
Boosting defence, energy, investment ties to be focus of PM Modi’s visit to Saudi Arabia next week
Prime Minister Narendra Modi’s two-day visit to Saudi Arabia next week is set to witness both sides expanding cooperation in an array of crucial areas, such as energy, defence and trade, besides exped …
Max Verstappen takes pole in Saudi Arabian qualifying after Lando Norris crashes
Formula 1 champion Max Verstappen has taken pole position in qualifying for the Saudi Arabian Grand Prix after standings leader Lando Norris crashed.
F1 Saudi Arabia GP LIVE: Qualifying start time and updates as Hamilton eyes shock pole
Four-time F1 world champion Verstappen, who has a contract worth £50m-a-year at Red Bull until the end of the 2028 season, is being heavily linked with Aston and Mercedes given Red Bull’s recent …
Saudi Arabia F1 GP, FP3: latest practice updates
Welcome to our live coverage for third and final practice for the 2025 Saudi Arabia Grand Prix from the Jeddah Corniche Circuit. So far we have had two practice sessions and almost everything we have …