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Tag: Saudi Arabia

Posted on February 16, 2024

Inside Saudi Arabia’s $800 Billion Tourism Transformation

Saudi Arabia is on a massive building spree—creating private islands, luxury hotels, theme parks, cruise ports, and even a desert ski resort. The question remains: If they build it, who will come?
Posted on February 16, 2024

Jared Kushner defends business ties with Saudi Arabia

Mr Kushner worked closely with Saudi Arabia on a number of issues during the Trump administration. He has denied that the investment represented a conflict of interest. Prince Moh …
Posted on February 16, 2024

How Saudi’s Al-Baik Restaurant Became a Global Brand, Thanks to Its ‘Broasted’ Chicken

If you haven’t had the chance to visit Saudi Arabia, you might not fully understand the hype for Al-Baik among the locals. Originating in Jeddah, Al-Baik specializes in broasted chicken complemented …
Posted on February 16, 2024

Johnny Depp is reportedly being wooed to become a cultural ambassador for Saudi Arabia

An in-depth Vanity Fair report reveals that the disgraced actor is now “weighing a seven-figure annual contract to promote Saudi Arabia’s cultural renaissance.” …
Posted on February 16, 2024

Jared Kushner, former Trump adviser, defends business dealings with Saudi Arabia

Jared Kushner, Donald Trump’s former White House adviser and his son-in-law, is defending his business dealings with the Saudi crown prince after leaving the U.S. government.
Posted on February 16, 2024

Kylian Mbappe’s next club: Ranking options with Real Madrid, Liverpool, Arsenal and Saudi Arabia linked

The answer to the longstanding question of whether or not Kylian Mbappe will leave Paris Saint-Germain has been answered, but with his exit now imminent, it will soon be time for the player to answer …
Posted on February 15, 2024

Saudi Capital Spending Increases 30% in 2023

The volume of capital spending according to Saudi Arabia’s actual budget for 2023 amounted to about SAR186.5 billion, an increase of 30% from 2022.A statement by the Ministry of Finance revealed that …
Posted on February 15, 2024

Saudi Capital Spending Increases 30% in 2023

The volume of capital spending according to Saudi Arabia’s actual budget for 2023 amounted to about SAR186.5 billion, an increase of 30% from 2022.A statement by the Ministry of Finance revealed that …
Posted on February 15, 2024

Saudi Arabia’s Modern Mills IPO Is Covered Within Hours

Investors snapped up all of the shares in Saudi Arabia’s Modern Mills for Food Products Co. initial public offering shortly after books opened, showing that demand for regional listings is still …
Posted on February 15, 2024

Saudi budget records over $9bln deficit in 4Q 2023

RIYADH — Saudi Arabia’s general budget recorded a deficit of around SR36.99 billion during the fourth quarter of 2023, with total revenues amounting to SR357.98 billion, while total expenses reached …

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