Alternative investment company Investcorp has launched a $1 billion fund backed by China’s sovereign wealth fund CIC to invest in companies across Saudi Arabia, the wider Gulf region and China, it …
Uzbekistan exact revenge on Saudi Arabia to once again show they are Asia’s rising force
As they reached the AFC U-23 semis at the expense of Saudi Arabia, Uzbekistan look every bit a rising force of Asian football.
Kerzner to open two SIRO brand hotels in Saudi Arabia and Mexico
K erzner International, a developer and operator of hospitality and residential properties, is expanding its new hospitality brand SIRO, with the signing of two properties in Riyadh, Saudi Arabia, and …
Oman, Saudi Arabia sign MoU to finance infrastructure in industrial zones
The meeting was held to discuss cooperation mechanisms between the Sultanate of Oman and the Fund and progress in joint development projects. On the sidelines of the meeting, the two sides signed a …
Meituan looks to hire in Saudi Arabia, indicating food delivery expansion
Chinese food delivery giant Meituan is seeking to hire staff for at least eight positions based in Riyadh, in a sign it may be looking to Saudi Arabia to further its global expansion ambitions.
Saudi Vision 2030: Historic Economic Transformation through Diversity, Growth
Custodian of the Two Holy Mosques, King Salman bin Abdulaziz stressed that Saudi Arabia is making major and lasting progress with its Vision 2030 national transformation plan. The assertion, also …
Marriott signs deal to bring Ritz-Carlton Reserve to Saudi Arabia’s Trojena
The new Ritz-Carlton Reserve highlights Marriott’s commitment to expanding its luxury portfolio in Saudi Arabia.
Oman and Saudi Arabia sign MOU to finance industrial zones infrastructure
Muscat: The Sultanate of Oman and the Kingdom of Saudi Arabia signed a memorandum of understanding yesterday, April 25th, in Muscat, to finance …
‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower
The oil-rich kingdom is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological …
Saudi Arabia only candidate to host 2034 World Cup, FIFA says
FIFA has yet to officially approve Saudi Arabia as the host of the 2034 World Cup, and this is expected to happen next year.