Formula 1 announced today it has partnered with the Saudi Automobile and Motorcycle Federation to hold a race in Jeddah, a coastal city that overlooks the Red Sea, in 2021. The event will take place …
Formula 1: Saudi Arabia rejects criticism as debut race in 2021 confirmed
Saudi Arabia rejects criticism over its hosting of Formula 1, insisting confirmation of its first race in 2021 “perfectly reflects the transformational journey the country is on”.
Islamic finance to catalyse Saudi Vision 2030: IRTI
With about $900 billion in assets, Islamic finance can be a catalyst to Saudi Arabia’s Vision 2030, says a report. By the end of 2018, Islamic finance assets in Saudi Arabia reached a remarkable $879.
Islamic finance to catalyse Saudi Vision 2030: IRTI
With about $900 billion in assets, Islamic finance can be a catalyst to Saudi Arabia’s Vision 2030, says a report. By the end of 2018, Islamic finance assets in Saudi Arabia reached a remarkable $879.
Saudi Arabia continues relentless cultural drive with Jean Nouvel subterranean desert resort
The plans are part of a ten-year agreement between France and Saudi Arabia to develop the AlUla region into a tourism destination …
‘UAE, Saudi Arabia ready to rollover outstanding loans worth $2b each’
Pakistan began its hectic lobbying to secure rollover of loan deposits worth $4 billion from the Kingdom of Saudi Arabia and the United Arab Emirates scheduled to mature November-February period of …
IRTI unveils new report on the potential of Islamic Finance in Saudi Arabia
Jeddah – The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group released today the Kingdom of Saudi Arabia Islamic Finance Country Report, the first detailed …
COVID-19: Foreign pilgrims perform Umrah in Saudi Arabia after quarantine
The first groups of foreign pilgrims are set to perform the Umrah today after spending a mandatory three-days in isolation as part of required precautions against the spread of the coronavirus. Image …
Saudi minister Al-Jubeir says Vienna attack is a crime contrary to all religions
Saudi Arabia’s Minister of State for Foreign Affairs Adel al-Jubeir speaks during a joint news conference in Riyadh, Saudi Arabia June 29, 2020. REUTERS/Ahmed Yosri …
Saudi, Egypt Business Activity Improves as UAE Dealt Setback
Business activity in Egypt grew at its fastest pace in almost six years, buoyed by an uptick in new orders, while Saudi Arabia saw a second month of milder improvements.