The PGA Tour and Saudi Arabia’s Public Investment Fund are expected to announce an extension to their negotiation deadline with a goal of combining commercial operations under a new for-profit entity dubbed PGA Tour Enterprises,
Indonesia wants to become No. 1 in Islamic economy: SOEs minister
Indonesia takes over from United Arab Emirates to rank third in the 2023 State of the Global Islamic Economy (SGIE), behind Malaysia and Saudi Arabia.
Inside Saudi Arabia’s $3 Trillion Plan to Move Past Oil
Facing an existential threat to oil, the country’s lifeblood, Saudi Arabia is spending more than $3.2 trillion to transform its economy by 2030. While oil remains essential, the country is trying to …
Israel-Hamas War Jeopardizes Prospects for Yemen Peace
A string of Houthi attacks targeting Israel and Red Sea shipping lanes is threatening to derail the most advanced effort to end Saudi Arabia’s entanglement in Yemen’s civil war.
India’s Modi Talks to Saudi Crown Prince After Oil Vessel Attack
Indian Prime Minister Narendra Modi discussed the situation in the Middle East, including recent attacks on shipping in the Red Sea, with Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin …
Saudi Arabia and Oman forge partnership to boost tourism in the Gulf region
RIYADH: International travel in the Gulf region is set to boost as Saudi Arabia and Oman have initiated discussions on initiatives for developing joint tourism programs. In a virtual committee meeting …
Saudi Arabia’s diplomatic ambitions have been hit by Gaza war. But not for long
Despite questions over its human rights record and chaos in Israel and Gaza, Saudi Arabia intends to reinforce its status as a leading regional power in 2024 …
Why did Saudi Arabia ban Palestine scarf at the Red Sea International Film Festival?
Film-makers based in the region and beyond were dismayed by policies at the event, including a crackdown on the keffiyeh
A Ritz-Carlton In Diriyah, Saudi Arabia, To Launch In 2026
(MENAFN- Brazil-Arab News Agency (ANBA)) São Paulo – Mariott International announced it has begun constructing a Ritz-Carlton in Diriyah, Saudi Arabia. The luxury property will feature 195 guestrooms, …
Saudi Arabia’s crude exports hit 4 month high; direct burn slows
RIYADH: Saudi Arabia’s crude exports hit a 4-month high at 6.3 million barrels per day in October, according to the most recent figures from the Joint Organizations Data Initiative. This marked an increase of 543,