COLUMN. Saudi Arabia is considering purchasing 54 aircraft from Dassault Aviation after a German veto blocked its purchase of 48 Typhoon jets due to human rights concerns, as reported by economic …
Doing business in Saudi Arabia
Foreign investors can invest in the telecom sector in Saudi Arabia, but they must have a Saudi partner who owns at least 30% or 40% of the company. The 40% local ownership requirement applies to all …
Interview: Saudi Arabia’s fast-growing non-oil sector welcomes Chinese investment, says finance minister
RIYADH, Nov. 3 (Xinhua) — Saudi Arabian Finance Minister Mohammed Al-Jadaan said the Kingdom welcomes China’s investment in its fast-growing non-oil sector. Saudi Arabia’s non-oil economy achieved …
Interview: Saudi Arabia’s fast-growing non-oil sector welcomes Chinese investment, says finance minister
RIYADH, Nov. 3 (Xinhua) — Saudi Arabian Finance Minister Mohammed Al-Jadaan said the Kingdom welcomes China’s investment in its fast-growing non-oil sector. Saudi Arabia’s non-oil economy achieved …
How Houthi attacks affect both the Israel-Hamas conflict and Yemen’s own civil war – and could put pressure on US, Saudi Arabia
Houthi is held aloft during anti-Israel protests in Yemen. Mohammed Hamoud/Getty ImagesYemen’s Houthi movement launched missiles and drones at Israel on Oct. 31, 2023 – provoking fears of a dangerous escalation of the Middle East conflict.
Hollywood’s Stampede Ventures And Saudi Arabia’s Film AlUla Forge Milestone $350 Million Pact
Hollywood’s Stampede Ventures and Saudi Arabia’s Film AlUla have forged a milestone $350 million pact involving 10 productions over next three years.
Study: Saudi Arabia has 300+ sports sponsorships as fears grow over conflicts of interest
A study by Play the Game has shone further light on Saudi Arabia’s growing sporting influence, with the Gulf state now boasting more than 300 sponsorships in sport.
Football must change now after Saudi Arabia 2034 exposes ‘failure’ at the very top
Saudi Arabia is one of a few states from the global south that have been doing more business with Fifa. A sponsorship deal with Visit Saudi for the Women’s World Cup – ironically held in Australia and New Zealand – already caused a player revolt.
Saudi Arabia reports Q3 budget deficit of $9.5bn amid oil production cuts
the kingdom’s Ministry of Finance said in a budget update on Wednesday. The kingdom reported a budget deficit of 2.91 billion riyals for the first quarter of the year. Last month, Saudi Arabia revised …
Saudi Arabia posts budget deficit of $9.5bln in third quarter
DUBAI – Saudi Arabia posted a budget deficit of 35.8 billion riyals ($9.54 billion) in the third quarter, data released by the finance ministry showed on Wednesday, as oil revenue fell sharply. The …