CAIRO] Saudi Arabia’s credit rating was upgraded by S&P Global Ratings for the first time in two years, as the kingdom’s efforts to diversify the economy from oil pay off. Read more at The Business Times.
NDLEA intercepts US, Saudi Arabia, Poland, Italy-bound cocaine shipments in prayer beads
The National Drug Law Enforcement Agency, NDLEA, has said its operatives have thwarted desperate bids by some drug trafficking organizations (DTOs) to …
Why Maids Keep Dying in Saudi Arabia
East African leaders and Saudi royals are among those profiting off a lucrative, deadly trade in domestic workers.
Indonesia, Saudi Arabia agree on new labour protections
Indonesia is set to sign an agreement to lift its decade-long moratorium on sending citizens to Saudi Arabia as domestic workers.
End of ‘blank cheque’ era for outside consultants in Saudi Arabia
National oil company Saudi Aramco this month slashed its 2025 dividends by 30 per cent after a 12 per cent drop in net income last year to $106bn. The cut in payments will hit the coffers of Saudi’s …
Saudi Arabia planning to finance new ‘Grand Slam’ style T20 league: Report
After taking giant strikes in football, tennis, Formula 1 and golf, Saudi Arabia is now turning its attention to cricket where it plans to channel up to $500 million dollars from its sovereign wealth …
S&P lifts Saudi Arabia’s rating on sustained economic shift away from oil
Global ratings agency S&P raised Saudi Arabia’s rating to ‘A+’ from ‘A’ with a stable outlook on Friday, underpinned by the ongoing social and economic transformation in the country.
Kaleem Aftab Exits International Programming Chief Role at Saudi Arabia’s Red Sea Film Festival
Kaleem Aftab, director of international programming at Saudi Arabia’s Red Sea Film Festival, has stepped down following a four-year stint. The London-based film critic had been a key member of the …
UAE, Egypt, Saudi Arabia finance startups lead Forbes Middle East Fintech50
Some 119 fintech startups across the Middle East and North Africa raised $700 million in 2024, accounting for 30% of the total MENA startup funding for last year.
UAE, Egypt, Saudi Arabia finance startups lead Forbes Middle East Fintech50
Some 119 fintech startups across the Middle East and North Africa raised $700 million in 2024, accounting for 30% of the total MENA startup funding for last year.