Powered by its sovereign wealth fund of nearly $1 trillion, Saudi Arabia is backing its new AI firm Humain, entering a highly competitive sector some fear is a bubble ready …
World Cup stadium set to be built on top of skyscraper as Saudi Arabia rolls out plans for 15 ‘cutting-edge’ arenas
Saudi Arabia’s efforts to make waves in the sporting world look set to continue when the wealthy Gulf nation hosts the 2034 World Cup. But a football stadium 350 metres off the ground seems ambitious …
IOC and Saudi Arabia end 12-year Esports deal early
The International Olympic Committee and Saudi Arabia have ended their 12-year Esports partnership after only a year, parting ways to develop separate projects, the IOC said on Thursday.
KAFD and Hilton partner for 450-room hotel in Riyadh, Saudi Arabia
The hotel will offer direct access to business facilities and transport links within Riyadh’s financial district.
‘We don’t want Syria to be a burden,’ president tells investors
Syria’s president has pitched his country to the titans gathered at Saudi Arabia’s flagship financial event, touting it as a trade corridor ripe for even more than the $28 billion in foreign …
Saudi Arabia no longer just a place to ‘take money’ but ‘make money’
Saudi Arabia is no longer just a source oFaisal Alibrahi, Saudi Arabia’s Minister of Economy and Planning says the kingdom is no longer just a “source of capital” but is also becoming a “capital of …
China’s vice president meets with Saudi Arabia’s crown prince
China’s Vice President Han Zheng met Saudi Arabia’s Crown Prince Mohammed bin Salman in Riyadh on Wednesday, China’s foreign ministry said. China is willing to work with Saudi Arabia to enhance …
Exclusive: Saudi Arabia plans to refocus $925 billion fund after gigaproject delays, source says
Saudi Arabia is preparing to shift its $925 billion sovereign wealth fund away from a focus on real estate gigaprojects that have dominated its development goals for the last decade, a source with …
Mohamed Salah once again linked with Saudi Arabia move
Saudi clubs remain patient and hope to lure the Egyptian star in the near future.Mohamed Salah once again linked with Saudi Arabia moveRumors of Mohamed Salah’s potential departure to Saudi Arabia …
Aleph Hospitality to manage Grand Iva Hotel in Abha, Saudi Arabia
Dubai-based Aleph Hospitality has signed a hotel management agreement with Grand Iva to operate the Grand Iva Hotel in Abha, Saudi Arabia. The newly built property is scheduled to open on 1 January …