This is Saudi Arabia, the world’s biggest exporter of oil, so it’s no surprise the property market is red-hot as income from a spike in energy prices flows through the economy …
Saudi Arabia economy is booming, and it’s not just because of oil
This is Saudi Arabia, the world’s biggest exporter of oil, so it’s no surprise the property market is red-hot as income from a spike in energy prices flows through the economy. But Almajed says the …
Officials sacked over flood havoc in Saudi Arabia
A video broadcast by the Saudi television Al Ekhbariya showed flood-hit streets inside Ahad Al Masarihah and Al Darb amid reports of damage to property there. The footage showed powerful floods, …
Saudi Arabia’s PIF, Cain inject nearly $1bn into Aman Group, opening at Diriyah Gate
Aman just opened the most expensive hotel in New York City, now with a $900m boost from the Kingdom. Saudi Arabia’s PIF, Cain inject nearly $1bn into Aman Group, opening at Diriyah Gate. Aman, Aman …
Saudi Arabia: Probe ordered after flood havoc
Cairo: Authorities in a Saudi region have ordered a probe after flash floods battered villages and caused havoc there, according to local media. Acting Governor of Jazan in south-western Saudi Arabia …
U.S. is ‘not going anywhere,’ Middle East envoy says, as China’s Xi expected to visit Saudi Arabia
The U.S. refuted claims that a forthcoming visit by Chinese President Xi Jinping to Saudi Arabia signals America’s waning influence in the Middle East.
Saudi crown prince stays in ‘world’s most expensive home’ ahead of Macron meeting
The 7,000-square-metre property was bought by an undisclosed … although alcohol is strictly prohibited in Saudi Arabia. The son of King Salman bin Abdulaziz Al Saud bought a US$500-million …
Can Middle East money lure expats and wealthy emigrants from China? Saudi Arabia, Dubai splash on mega projects to diversify, attract talent and investors
The Line and The Ava are two new projects to extend the pipeline of shiny mega developments in the Gulf states Oil-dependent GCC states have experienced fluctuating fortunes tied to global energy …
Former Twitter worker convicted of spying for Saudi Arabia
A former Twitter employee has been convicted of spying for Saudi Arabia, conspiracy to commit wire fraud and money laundering …
UAE’s Agthia bullish on Saudi Arabia with further expansion planned, CEO says
Agthia, the food and beverage company based in Abu Dhabi, is bullish about growth in Saudi Arabia and aims to expand further in the Arab world’s largest economy. The company, which announced a …