Experts warn Saudi Arabia’s plan to lift property ownership restrictions may exacerbate housing affordability issues, even as it sparks investor optimism for lucrative opportunities in the real estate …
Saudi Arabia’s Dizzying Scheme to Devour the Sports World
That Saudi Arabia’s arid climate is not particularly well-suited to golf—its July highs typically hover in the mid-110s—only underscores that this is not really a sports story at all. The kingdom’s takeover of professional golf is a part of a larger strategy aimed at maintaining geopolitical economic relevance in a world rapidly transitioning away from fossil fuels,
Top firms in deal to set up digital infrastructure hub in Saudi Arabia
A fully licensed fixed, mobile, data and voice services provider that owns telecommunications infrastructure across the KSA, Salam said it aims to create an integrated digital hub that enables multi-s
Gulf central banks raise interest rates as Fed benchmark hits 22-year high
The central banks of the UAE, Saudi Arabia, Bahrain, Kuwait, Oman and Qatar raised their benchmark borrowing rates after the US Federal Reserve pushed its key interest rate to a 22-year high to tame …
Vale to sell 10% stake in base metals unit to Saudi JV, another 3% to U.S. firm
For Saudi Arabia, the deal marks its first big push to deploy its vast oil wealth into the global mining industry; for Vale, the sale proceeds will help finance as much as $30B of investments over the …
Futuristic AZULIK Resort Will Open In AlUla, Saudi Arabia With 76 Outrageous Villas
From the brilliant mind of designer ROTH comes an outrageous new futuristic resort in AlUla, Saudi Arabia, with 76 out-of-this-world villas straight out of Star Wars.
Saudi Arabia is spending billions to become a global gaming hub. Some fans don’t want to play
DUBAI, United Arab Emirates — Saudi Arabia, the new home of some of soccer’s biggest stars and a co-owner of professional golf, is proving to be no less ambitious when it comes to another global …
Saudi Arabia is spending billions to become global gaming hub
DUBAI, United Arab Emirates >> Saudi Arabia, the new home of some of soccer’s biggest stars and a co-owner of professional golf, is proving to be no less ambitious when it comes to another global …
Fawry in talks to expand in Saudi Arabia; plans to launch digital bank in Egypt
The giant Egyptian e-payment solutions provider Fawry said it is in talks with Saudi Payments, a subsidiary of the Saudi Central Bank, to secure licenses and certifications necessary for expansion in …
IHG to debut premium Regent Hotels & Resorts in Saudi Arabia
The new Regent Jeddah will join existing Regent properties in destinations such as Bali, Santa Monica and Hong Kong. Regent Jeddah will be one of the first new generation Regent H …